In the first installment of our monthly financial services update, we take a look at how financial institutions can sustain net interest margin growth, how fintech finished out 2022 and a rule proposed by the Consumer Financial Protection Bureau to create a registry of nonbank financial ... READ MORE >
fintech
As insurtech investment dips, companies get boost by teaming with traditional insurers
Insurance technology startups (insurtechs) have been disrupting the insurance industry for several years, offering customers on-demand products and streamlined services driven by technological advancements. The traditional insurance industry provided the perfect landscape for insurtech disruption as the ... READ MORE >
Top 5 fintech trends to watch—now, and in the future
The fintech movement is driving a rapid evolution within financial services, resulting in a new infrastructure and platform for the industry’s next generation. Investment in fintech companies has soared in the past three years, topping $118.2 billion globally in 2021, which surpassed the previous two ... READ MORE >
Despite Zillow’s retreat, iBuyers show promise
Zillow’s decision to pull the plug on Zillow Offers, its tech-powered business of buying and selling homes, came as a surprise amid the still-hot housing market and prompted a question: Is the business model flawed? As the third-quarter earnings reports from two of Zillow's competitors showed, it's too ... READ MORE >
CHART OF THE DAY: North America tech sector M&A reaches pre-pandemic levels
Since bottoming out in May, tech sector mergers and acquisitions in North America have been rising steadily. In October, dealmaking reached pre-pandemic levels last seen back in January and February of this year. Bright spots for M&A within the technology sector in recent months have been software, ... READ MORE >
With the CARES Act, online lenders are poised to become mainstream
The $2 trillion CARES Act promises to help many American businesses, individuals and states overcome the severe impact from the coronavirus pandemic. The 883-page document covers a range of industries, updates portions of tax reform and provides financial support for businesses and individuals. But one ... READ MORE >