Senator Dick Durbin (D-IL) deserves credit for persistence. He successfully introduced new regulations and price controls in the debit card market in 2010, and he’s consistently tried to expand both in the credit card market ever since. The fact that the 2010 Durbin amendment led to the virtual disappearance of…

If you’ve been shopping for an insurance plan lately, you’ve probably found that premiums for homeowners, auto and life insurance policies have gotten more expensive in recent years. There’s also been a noticeable shift to app-based digital-first transactions and an increasing focus on personalized policies. But the core of what…

Rising interest rates and a trio of regional bank failures have turbocharged the movement of cash into higher yielding alternatives–particularly money market mutual funds. Here’s how to bump up your own yield. The movement of funds out of traditional bank accounts started slowly at first in the spring of 2022,…

As the world’s largest companies swarm around artificial intelligence, corporate credit card and expense management startup Ramp is leveraging the technology to dive deeper into customer savings—joining a small but growing wave of fintech firms hopping on the trend for customer service, automation and more. Launched on Thursday, Ramp Intelligence…

Here’s an excerpt from this week’s CIO Newsletter. To get it to your inbox, sign up here. From assessing risk to setting rates, AI is a transformative force in the realm of insurance. For Ericson Chan, the chief information and digital officer of Zurich Insurance Group, its greatest power lies…

E very year for the Fintech 50, our annual list of the most innovative fintech startups, we evaluate hundreds of new companies that have never earned a spot before. Despite the rough patch many fintech entrepreneurs are going through with abundant layoffs and shrinking valuations, some standout founders led their…

From startups protecting against cyber attacks to a new home insurer aiming to hold down costs with a digital-first approach, six insurtech businesses made our Fintech 50. Over the past year, some insurtech companies have faced an even tougher road than those in other beleaguered categories of fintech—witness the now-public…

Whether it’s corporate credit cards, home improvement loans or travel expenses, these 10 companies are shaking up the banking establishment—even as the industry faces bouts of crisis. Three of the largest bank failures in history rocked financial markets this year, but these 10 fintech startups offering banking services to other…

Insurance companies have slightly lagged the market but rising interest rates bolster income. A s investors adjust to a new market era of higher interest rates, insurance companies slightly lagged the broader market in the last 12 months. The S&P Insurance Select Industry Index has lost nearly 1% in the…

OBSERVATIONS FROM THE FINTECH SNARK TANK On the heels of the success (i.e., growing adoption) of digital wallets from Apple, Google, and PayPal, some large banks—including Wells Fargo, JPMorgan Chase, and Bank of America—have launched their own digital wallet, Paze, through Early Warning Services, which provides the Zelle person-to-person (P2P)…