March 06, 2024
Revolut CEO: London Could Lose FinTech Hub Status
Revolut’s new U.K. CEO wants to make sure London remains a FinTech hub. Speaking to Bloomberg News Wednesday (March 6), Francesca Carlesi warned that the British capital risks losing out...
March 05, 2024
Argyle Raises $30 Million to Expand Automated Income, Employment Verification
Argyle has raised $30 million in a funding round to fuel the continued adoption and expansion of its automated income and employment verification platform. The company is embarking on its next...
March 05, 2024
Monzo Valued at $5 Billion as Neobank Plans Expansion
UK digital bank Monzo has been valued at $5 billion following a $430 million funding round. The round was led by Alphabet’s CapitalG group as well as Google Ventures, HongShan Capital and existing investors Passion Capital and Tencent, Monzo said...
February 29, 2024
Barclays Veteran Marc Page to Join Metro Bank as CFO
Metro Bank has appointed Barclays veteran Marc Page as chief financial officer. Page will join the U.K. bank and its board Sept. 2, subject to regulatory approval, Metro Bank said in a Thursday (Feb. 29) press...
February 28, 2024
Technology Helps Smaller Businesses Turn Embedded Finance Into Competitive Advantage
Ed O’Donnell, CEO of Versatile Credit, said that embedded finance can — and already is — transforming smaller businesses’ competitive dynamics. “Technology’s been the great equalizer,” he said, “for small-...
February 26, 2024
LoanDepot Says 16.9 Million Customers Impacted by January Data Breach
LoanDepot said Friday (Feb. 23) that a data breach that impacted the company in January affected 16.9 million customers. In the breach that occurred Jan. 3 through Jan. 5, hackers...
February 16, 2024
Not All E-Commerce Businesses are Born Equal: Implications for Privacy...
This paper discusses privacy concerns and privacy regulation under two different e-commerce business models: a pure marketplace and a hybrid marketplace. In previous papers we have found that the nature...
February 13, 2024
Contradictions Rule as AI Meets the Future of Work
The intersection of artificial intelligence (AI) and the future of work is crowded and a bit confusing these days. On one hand, companies like Google and Duolingo have cut staff recently with...
February 12, 2024
Digital Changed How Consumers Bank — Data Will Evolve Them
The rise of seamless, digital experiences has democratized convenience while transforming countless sectors. More than two decades into the 21st century, the banking landscape is now undergoing an evolution driven...
