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Study Shows Target Shareholders Spend More With Retailer

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Bumped—the fintech company on a mission to create an ownership economy through fractional stock rewards—released data from their two-year pilot study showing that when Target customers become a shareholder in the brand, they increase their monthly spend 41%.

Broadridge Releases Results of Next-Gen Technology Adoption Survey

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Half of financial services firms worldwide plan to increase their spending over the next two years on next-generation technologies
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FICO Survey Finds Shadow Banking Siphoning Bank Customers

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While the vast majority of US consumers (86 percent) are satisfied with their banks, they are increasingly open to working with new providers, including fintech companies and other non-bank providers, to address critical unmet financial needs.
Press Release 1

New Fintech Firm For Healthcare Payments Launches

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A new healthcare fintech startup has a solution: PayZen pays hospitals upfront for patient invoices and offers patients zero-interest, fee-free payment plans.
Press Release 1

BNY Mellon Launches New Digital Assets Division

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BNY Mellon today announced the formation of a new enterprise Digital Assets unit that will accelerate the development of solutions and capabilities to help clients address growing and evolving needs related to the growth of digital assets, including cryptocurrencies.
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Nationwide Expands Insurtech VC Fund to $350M USD

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Nationwide is announcing it is expanding its venture capital investment fund to $350 million. The funding will be directed into high-growth potential insurance and financial services startups that directly advance Nationwide's strategy and enable even greater customer value
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Gibraltar Stock Exchange Enters Into JV to Tackle US Market

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Document Security Systems, Inc. (NYSE American: DSS) ("DSS"), a multinational company operating businesses focusing on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets, today announced it entered a joint venture ("JV") with Coinstreet Partners ("Coinstreet"), a global decentralized digital investment banking group and digital asset financial service firm, and GSX Group ("GSX"), a global digital exchange ecosystem for the issuance, trading, and settlement of tokenized securities, using its proprietary blockchain solution
Press Release 2

Prospect 33 Acquires 8of9 Regtech Consulting Firm

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Prospect 33 is delighted to acquire the consulting business of 8of9, a New York-based regulatory consulting and technology firm. Prospect 33 and 8of9 have had a strong strategic partnership since early 2019 and this acquisition increases our high-level domain expertise and bolsters Prospect 33's Risk & Regulatory advisory capabilities.
Press Release 1

Small Business Loan Approval Rates Plummet Year Over Year According to Biz2Credit

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Year over year, small business loan approval rates decline almost 50%

IDnow & M-TRIBES Partner on AI-based Mobility Solutions

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IDnow, a leading provider for Identity Verification-as-a-Service solutions and M-TRIBES, end-to-end software provider for transportation companies, announce their strategic collaboration