Latest on Fintech Review

  • Nonbank Lenders Boost Customer Satisfaction with Swift Loans

    Nonbank Lenders Boost Customer Satisfaction with Swift Loans

    A recent survey by JD Power suggests a growing trend of customer satisfaction among nonbank lenders. It seems that more customers are turning to personal loans for debt consolidation and unexpected expenses, due to financial vulnerability. As a result, nonbank lenders are successfully closing the satisfaction gap with traditional banks.…

  • May Sees Consumer Confidence Plunge in the UK

    May Sees Consumer Confidence Plunge in the UK

    According to the final data from the University of Michigan, consumer sentiment plunged in May. The Consumer Sentiment Index, a vital consumer confidence measure, dipped 10% from the previous month to 48.8. Not only is this lower than April’s figure, but it also represents a 14.2% fall compared to the…

  • Kevin Warsh Takes Reigns as Federal Reserve Chairman

    Kevin Warsh Takes Reigns as Federal Reserve Chairman

    Kevin Warsh has recently been sworn in as the Chairman of the Federal Reserve, marking a significant milestone in the financial world. The ceremony took place at the White House, signifying a fresh era for the Federal Reserve. Warsh’s appointment opens a new chapter for the Federal Reserve, a globally…

  • ABA Appeals Illinois Law on Interchange Fees in Court

    ABA Appeals Illinois Law on Interchange Fees in Court

    In a recent development, the American Bankers Association (ABA), the Illinois Bankers Association, and several other plaintiffs are pushing for a federal court to overturn a controversial Illinois law. This law restricts interchange fees. Their appeal follows actions by the Office of the Comptroller of the Currency (OCC). These actions…

  • Outpayce and Hands In Partner to Boost Travel Payments

    Outpayce and Hands In Partner to Boost Travel Payments

    Outpayce and Hands In are joining forces to revolutionise the global travel industry. Their objective? To broaden the use of multi-card split payments. This initiative aims to reduce payment declines by allowing customers to share costs at checkout, thereby transforming travel payments. Payment declines often hinder potential travellers from booking…

  • April Sees Drop in Single-Family Home Construction

    April Sees Drop in Single-Family Home Construction

    Recent ABA DataBank data shows a drop in housing starts in April. This drop is mainly due to a significant slump in the single-family sector. As builders cut back on single-family home production, both construction activity and the mortgage pipeline may soften. This sector’s slump could significantly affect the wider…

  • Mortgage Rates Soar in UK Impacting Housing Market

    Mortgage Rates Soar in UK Impacting Housing Market

    This week, the ABA Banking Journal reported a significant rise in mortgage rates. The 30-year fixed-rate mortgage has surged to 6.51%, while the 15-year fixed-rate mortgage now stands at 5.85%. This rate hike significantly influences the financial decisions of homeowners and potential buyers in the UK. The mortgage rate increase…

  • ABA Backs Overhaul of Mortgage Industry Regulations

    ABA Backs Overhaul of Mortgage Industry Regulations

    The ABA has joined forces with four other associations to suggest substantial reforms to the mortgage industry. They aim to revamp regulations currently supervised by the Consumer Financial Protection Bureau (CFPB). The ABA and its allies back the proposed changes to CFPB’s standards. These reforms could drastically reshape the mortgage…

  • Croatia Eyes Major Digital and Fintech Growth by 2026

    Croatia Eyes Major Digital and Fintech Growth by 2026

    By 2026, Croatia, a Southern European nation, aims to significantly advance its fintech, digital, and wider economic sectors. The country is actively investing in its digital ecosystem, with a particular emphasis on enhancing fintech capabilities and utilizing digital technology for economic expansion. Indeed, Croatia is progressing in building a robust…

  • PayFit CEO Transforms HR and Payroll for SMEs in Europe

    PayFit CEO Transforms HR and Payroll for SMEs in Europe

    PayFit‘s CEO and co-founder, Firmin Zocchetto, is reshaping payroll and HR for European SMEs. Guided by Zocchetto, the firm uses automation and AI to simplify complex payroll and HR procedures, saving time. Payroll and HR management is essential for any small or medium-sized enterprise (SME). However, its complexity and the…

  • BC.GAME Brings a Crypto-First Betting Experience to the 2026 Football Season

    BC.GAME Brings a Crypto-First Betting Experience to the 2026 Football Season

    BELIZE City, Belize, 21st May 2026, PlayNewswire

  • FOMC Members Mulling Over Rate Hike Amid Inflation Woes

    FOMC Members Mulling Over Rate Hike Amid Inflation Woes

    Recent minutes from the Federal Open Market Committee (FOMC) meeting reveal that most members are considering a rate increase. This consideration is due to persistent inflation rates exceeding the Federal Reserve‘s 2% target. The members stress the importance of this move if progress towards the target isn’t made. The minutes,…

  • FCC Backs ABA Proposal for Stricter Telecom Regulations

    FCC Backs ABA Proposal for Stricter Telecom Regulations

    In a noteworthy development, the FCC (Federal Communications Commission) voted for a proposal backed by the ABA (American Bankers Association). The proposal focuses on enforcing stricter “know your upstream provider” requirements for voice service providers. These providers let calls pass through their network, and the new rules aim to better…

  • US House Approves Bill to Boost Housing Supply and Banks

    US House Approves Bill to Boost Housing Supply and Banks

    The US House of Representatives recently green-lighted a bipartisan bill. The aim? To boost the housing supply. This approval occurred alongside the passage of three additional bills. Each one is designed to spur new bank formation and alter the structure for brokered deposits. With the clear goal of addressing America’s…

  • Zopa and ClearScore Aim to Upskill 100k Fintech Pros by 2030

    Zopa and ClearScore Aim to Upskill 100k Fintech Pros by 2030

    Zopa and ClearScore have launched a significant industry initiative, the Jobs2030 coalition. This ambitious project aims to upskill 100,000 UK fintech professionals in GenAI by 2030. This initiative is timely, given the current rise of automation in the industry. Automation is reshaping the fintech industry, creating a demand for employees…

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