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Companies
iCapital Expands Capabilities with Acquisition of Mirador
iCapital, the New York-based alternative investments platform serving over 100,000 financial advisors, has announced the acquisition of Mirador, a fintech reporting company based in Stamford, Connecticut. While the terms of the deal remain undisclosed, it is confirmed that all of Mirador's 180-plus employees will join iCapital, retaining equity in the firm...
Leaders
Ally Financial Appoints Michael Rhodes as CEO, Bringing Extensive Financial Sector...
Ally Financial, an online bank, lender, and trading platform, has appointed Michael Rhodes as its new CEO, effective April 29, 2024. Rhodes, bringing extensive experience in the financial sector, is set to lead the company's digital banking and auto financing operations, overseeing an 11,000-strong team...
Features
FDIC Takes Regulatory Action Against Banks Over fintech Partnerships
The Federal Deposit Insurance Corp. (FDIC) has taken regulatory action against two banks, Sutton Bank and Piermont Bank, in response to concerns regarding their third-party relationships and banking-as-a-service activities. In March 2024, the FDIC issued consent orders highlighting issues with internal controls and systems related to the nature, scope, complexity, and risk of third-party relationships...
Popular Articles
The Top 25 Women Leaders in Financial Technology of 2022
The Financial Technology Report is pleased to announce The Top 25 Women Leaders in Financial Technology of 2022. Perhaps no industry today is as dynamic as financial technology. Thousands of new fintechs are launched each year, but only a small percentage demonstrate the staying power to last in such a competitive market...
The Top 50 Financial Technology CEOs of 2022
The Financial Technology Report is pleased to announce The Top 50 Financial Technology CEOs of 2022. This year’s awardees represent some of the most accomplished and innovative leaders across the sector...
The Top 100 Financial Technology Companies of 2022
The Financial Technology Report is pleased to announce The Top 100 Financial Technology Companies of 2022. The fintech industry has been scorching hot in recent years—spurred on in part by the pandemic—but lately, world events seem to have doused that fire with a little cold water...
The Top 25 Financial Technology CTOs of 2022
The Financial Technology Report is pleased to announce The Top 25 Financial Technology CTOs of 2022. The areas of expertise of this year’s awardees run the gamut from B2B payments to currency exchange, data security, and financial infrastructure, among many others...
The Top 25 Women Leaders in Financial Technology of Europe for 2022
The Financial Technology Report is pleased to announce The Top 25 Women Leaders in Financial Technology of Europe for 2022. This year’s awardees represent some of the most accomplished women leading organizations and teams across various segments of the financial technology sector...
The Top 25 Financial Technology Leaders of New York for 2022
The Financial Technology Report is pleased to announce The Top 25 Financial Technology Leaders of New York for 2022. From founders to CEOs and COOs, this year’s awardees represent some of the most innovative technologists and bold operators ushering in the next generation of financial services...
Fintechs Are Having a Harder Time Recruiting Top Talent Than Ever Before
The rise of fintechs over the last decade has brought with it considerable changes to how and where we work. Seeing the fortunes made virtually overnight by successful fintech startups, top-level executives from a wide variety of industries have been drawn to high-paying jobs in the industry...
The Top 25 Financial Technology COOs of 2022
The Financial Technology Report is pleased to announce The Top 25 Financial Technology COOs of 2022. The job of Chief Operating Officer is increasingly in demand as new FinTechs continue to be created and already established FinTechs face the turbulent global economy that has been beset by pandemic, war, and inflation, among other things...
Stripe CEO Urges Better U.S. Fintech Regulation
There is a prevailing attitude among many in the fintech industry that heightened regulation will be the death of innovation. U.S.-based companies have rankled at the prospect of increased oversight from government bodies such as the House Financial Services Committee, which even now is working on legislation for expanded supervision of fintech products such as cryptocurrency and other digital assets...
Can Banking-as-a-Service Save Marqeta?
Oakland, California-based fintech Marqeta has had a difficult year. With a 50% downturn in its stock price since the first quarter of 2022 and an ongoing search for a new chief executive, some in the industry have questioned how much longer the payment services company can hang on...
