The longest running one-on-one interview show in all of fintech, since 2013
The longest running one-on-one interview show in all of fintech, since 2013
The longest running one-on-one interview show in all of fintech, since 2013
It is a conundrum for every online lender. Why is it that such a small percentage of the borrowers who start at the top of the marketing funnel make it all the way through the online journey? And then a portion of those that do complete the journey are fraudsters.
Mexico is becoming a hotbed of fintech innovation. The second largest economy in Latin America has seen a wave of innovative fintech companies launch in the last five years and fintech investors are taking notice. There is more VC money available today in Latin America than ever before which means the leaders in the industry are becoming almost as well capitalized as their northern neighbors.
In fintech today many companies are expanding beyond their core product as they seek to serve their target market with more and better products. What we are seeing is companies embracing all forms of digital banking as they expand their focus.
There never been an environment like this for consumers. Even with some government assistance many people are struggling like never before, struggling to pay their rent, put food on the table and to pay back their loans. There are resources all over the country to help people in need but sadly not enough people know about them.
The last financial crisis ushered in the Dodd-Frank Act and with that the Consumer Financial Protection Bureau (CFPB). The CFPB had a mandate to protect consumers from financial harm but it has not been without controversy.
There are many areas of finance that are really stepping up during the crisis. We have talked at length about the fintech lenders that helped drive billions of dollars to small businesses through the PPP. In this episode we talk about impact investors and the outsized role they can play today.
Today, it is becoming relatively easy for non-financial services firms to add financial products as a new offering for their customers. We call this embedded finance where the product is embedded into a company’s full suite of offerings. We have seen this happen rapidly at scale with the Paycheck Protection Program (PPP).
The mortgage industry has been through a lot this year. From a liquidity crunch to booming demand to record low rates along with mandatory work from home orders and digital closings. Many mortgage lenders have struggled to adapt to this new normal amid record loan demand.
In fintech today there is one company powering payments behind the scenes that few people had heard of until this past year. But they are the backbone behind 95% of digital banking activity today in this country.
Historically, sending wires is one of the more painful tasks that any business has to do. It has usually involved going to a physical bank branch, filling out paper forms and waiting while the banker processes the wire. Not surprisingly, fintech has attacked this inefficient process.