“The problem was not so much that there were no instruments to invest, but that I was not clear on how to manage my finances and boost savings,” explains Victor Trokoudes, CEO of the fintech Plum, who wanted to create something that was as simple as having a button to save. The app allows you to add other accounts so that artificial intelligence can help you save. The problem is that, for now, in Spain, only the accounts of Bankia, CaixaBank, Santander, BBVA, and Sabadell can be included.
— Read on www.businessinsider.com/plum-fintech-transferwise-saving-ceo-invest-management-finance-business-2021-4
Tag: banking
Future FinTech Stock Falls Despite Cryptocurrency Miner Acquisition | The Motley Fool
The equity stake won’t cost Future FinTech much. But it’s providing a lot of cash to fund growth.
— Read on www.fool.com/investing/2021/04/14/future-fintech-stock-falls-despite-cryptocurrency/
In Prison Interview, Madoff Says Banks ‘Had to Know’ – The New York Times
In his first interview for publication since his arrest, Bernard L. Madoff insisted that his family knew nothing about his crimes, but some banks and hedge funds “had to know.”
— Read on www.nytimes.com/2011/02/16/business/madoff-prison-interview.html
Embedded Fintech Versus Embedded Finance: Jumpstarting New Product Innovation In Banks
Banks can create new revenue streams from new products and services created by fintech startups—a strategy called embedded fintech.
— Read on www.forbes.com/sites/ronshevlin/2021/04/12/embedded-fintech-versus-embedded-finance-jumpstarting-new-product-innovation-in-banks/