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Ikea Goes After Walmart & Alibaba in Digital Banking Wars
Here are three of the world's great retailers - selling affordable goods to the public the world over - and yet, retail sales alone is not enough for any of them. All three have now taken major moves into fintech and digital banking.
FICO Survey Finds Shadow Banking Siphoning Bank Customers
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.
New Fintech Firm For Healthcare Payments Launches
A new healthcare fintech startup has a solution: PayZen pays hospitals upfront for patient invoices and offers patients zero-interest, fee-free payment plans.
BNY Mellon Launches New Digital Assets Division
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.
Nationwide Expands Insurtech VC Fund to $350M USD
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
The Taylor Report (2/9/21)
Simple Thoughts in Complex Markets
By Bill Taylor, Contributor/CIO-Entoro Wealth
The...
Publisher Notes For 2/10/21
This week we have a full roster of new content including posts on direct indexing, gamestopping, compliance risks, corporate treasury paradigm shifts - industry defining events that are occurring NOW and we're covering them all for you at Digital Wealth News!
Small Business Loan Approval Rates Plummet Year Over Year According to Biz2Credit
Year over year, small business loan approval rates decline almost 50%
Quietly, a Massive Fundamental Way Business is Transacted is Taking Place
With news headlines blasting stories about COVID, the new Biden administration, the GameStop/Reddit/Robinhood/Market Democratization drama, Bitcoin/Elon Musk, etc., there is a huge transformation in business architecture going on..
GameStopping the Way to Decentralized Finance (DeFi)
Great transformations are often marked with nouns developing into verbs. Phoning. Texting. Facebooking. Tweeting. And most recently, GameStopping.