Slice of Finance

Visa and USAID Collaborate to Enhance Global Digital Government Systems Learn more & get our take 👇 https://lnkd.in/gbip5vyX "Digital government systems can help enhance transparency and efficiency between communities and governments, fostering a more favorable environment for entrepreneurs and economic development." — Chris Newkirk, Global Head of New Flows at Visa "Digital development works best when governments and the private sector intentionally work together toward a shared vision of an inclusive digital future." — Christopher Burns, Chief Digital Development Officer at USAID #SoFNews

How does a business with no bank affiliation build a credit card? 💳 🧠 Cardless, led by Michael Spelfogel, shows brands how to create agile, customized card programs while cutting the usual launch time by over a year. 🔗 https://lnkd.in/gkvv4waa #FinanceInnovation #SliceofFinance #SoFPodcasts

Chime Extends Partnership with Dallas Mavericks, Launches Exclusive "Chime Lane" for Fans Learn more & get our take 👇 https://lnkd.in/gjqDqVMe "We are delighted to continue our sponsorship with the Mavs. The organization continues to epitomize our values of inclusivity and teamwork." – Chris Britt, CEO & Co-founder at Chime "To build on our exciting relationship with Chime and to better serve our fans, we are thrilled to launch the new Chime Lane dedicated entrance." – Cynt Marshall, CEO at Dallas Mavericks #SoFNews

How does Payoneer use partnerships to drive innovation and connect global marketplaces to emerging markets? ~~~~~~~~~~~~~~~~~~~~~~~~~~~ Kivanc O., SVP of Global Strategic Partnerships & Innovation, shared how Payoneer crafts digital solutions with local relevance—supporting SMBs from New York all the way to Shanghai’s streets and Turkey’s factories. ~~~~~~~~~~~~~~~~~~~~~~~~~~~ Discover how Payoneer empowers businesses to solve challenges across borders through strategic partnerships. ~~~~~~~~~~~~~~~~~~~~~~~~~~~ #Money2020USA #fintech #partnerships

Introducing the first ever ALL IN ON AI: Financial Services Adoption Index by our team at Acrew Capital and Money20/20 Fintech is dead—or so everybody keeps telling me. They point to Fintech investors fleeing as if from a sinking ship as evidence. I see those investors fleeing too. I also saw them jump aboard when the going was good. That’s the thing about tourists—they come when the weather is nice and leave before the rainy season. Fintech has certainly been in its rainy season. It took a meaningful hit and hasn’t bounced back to the level other industries have. But it will. And, when it does, it’s going to change the shape of financial services. Why? Technology has yet to reinvent financial services. At least – not meaningfully. While other industries have been shaped and reshaped by the internet, the financial sector hasn’t. Don’t get me wrong, the industry leading fintechs that exist today have done wonders to make financial services more digitally accessible, to democratize access, and to lay the groundwork for real change. But they’ve also been encumbered by: unevolved regulation; legacy partners who use the same financial products that have been around for a century or more; and the same core systems that should have been deprecated alongside the 1970s mainframes they were built on. For a while now, I’ve had a sneaking suspicion that AI might be the cataclysmic technology that forces our industry to rebuild from the ground up. Until recently, that suspicion wasn’t supported by data. Today, that changes. At Acrew, we partnered with Money20/20 to create the Financial Services AI Adoption Index—a massive undertaking profiling 221 companies and analyzing 376 AI initiatives. Through our analysis, patterns began to emerge. For the first time, we gained insight into not only what financial services are currently doing with AI, but where the gaps are and where new AI-native startups could step in to meet unfulfilled needs. The numbers tell a compelling story but it’s the conversations we had while building this report that make me feel more bullish than ever. As my friend Aliisa Rosenthal, Head of Sales at OpenAI told us:“when we launched ChatGPT Enterprise… our first customers were largely Financial Services.” It’s still early days - but I’m amazed by what we uncovered. I think you will be too. Maybe we can finally put the “Fintech is dead” narrative to rest once and for all. If this report is any indication, Fintech’s finest hours lie ahead. A special thanks to bunq, Chime, Gusto, NVIDIA, OpenAI, Vanta, and Xero for their contributions to this report. Check out the full report and the database, linked in the comments.

Today, Kevin McColly, CEO at Coinstar introduced CINQ by Coinstar – their new digital wallet designed for cash-preferred consumers eager to join the digital economy. ~~~~~~~~~~~~~~ You might know them as the big green machine at your local grocery store, but they’re expanding far beyond that! ~~~~~~~~~~~~~~ With CINQ, users can now seamlessly digitize their cash right at a Coinstar machine, bringing easy and inclusive digital access to those who prefer cash transactions. ~~~~~~~~~~~~~~ #money2020usa #FinTech #DigitalWallet

Wealth.com and Independent Advisor Alliance Partner to Enhance Estate Planning for Advisors Learn more & get our take 👇 https://lnkd.in/gQyT2EEK “We are always innovating on behalf of our advisors. Keeping our finger on the pulse of the industry and providing solutions to meet their expectations is part of why independent advisors choose to work with us." — Robert Russo, CEO at IAA “This partnership offers a solution IAA advisors can easily adapt, customize and deliver to address their clients’ estate planning needs.” — Tim White, Co-founder and Chief Partnership Officer at Wealth.com #SoFNews

Upstart Launches T-Prime to Reach Super Prime Borrowers Learn more & get our take 👇 https://lnkd.in/gn-65KAQ “Our goal at Upstart is to offer the best rates and best borrowing process to all Americans—regardless of their credit score.” — Dave Girouard, CEO at Upstart “By partnering with Upstart in T-Prime, we’re able to offer best-in-class loan options, providing more flexibility, better rates, and broader access, nationwide.” — Dennis Devine, President and CEO at Alliant Credit Union #SoFNews

Nymbus and PeoplesBank Launch Employer-Led Banking Solutions Learn more & get our take 👇 https://lnkd.in/ggNmDrTh “In today's competitive job market, comprehensive financial wellness solutions are no longer just a perk; they're a necessity.” — Jeffery Kendall, CEO at Nymbus “This initiative is our tribute to the backbone of America—the union members, skilled tradespeople, and hardworking individuals employed by businesses of all sizes who drive our economy forward.” — Aleda DeMaria, Executive Vice President of Consumer Banking and Operations at PeoplesBank #SoFNews

Yesterday, Jared S. Taylor caught up with Brooke Fitts, Head of Payment Products & Strategy at First International Bank & Trust to discuss transforming Banking-as-a-Service. With the new Kavinu platform, First International Bank and Trust’s Kotapay Payments division is streamlining direct banking services for faster, safer, and simpler solutions. One contract, all the tools – instant payments, compliance oversight, and secure access to Visa/Mastercard Rails. Banking made easy. On a side note, Money20/20 has been great! Stay tuned for more content here and on Instagram (new - link in the comments). #money2020 #money2020usa #Fintech