FintechWire

Please see this message from our president, Robert Misasi

Due to circumstances beyond my control, I have the reluctant duty today to announce that FintechWire and Ares Communications Group are discontinuing operations at this time. We notified our staff yesterday, and shut down our websites, including our publication FintechWire.com and our corporate site, AresCommGroup.com. This decision has not been an easy one, mainly because of the great response we have received from the marketplace and the signs of early success that we have seen just two months after the launch of our site (and in spite of a busy holiday season and New Year).? To all of those contributors, friends, business associates, colleagues and pending business partners, we thank you for all of your support in our early endeavors.?We know that this business was tracking well, and it was all due to the support you have provided.?As always, I am humbled and indebted to the graciousness and trust that my long-term business associates and friends have extended to me. ? Though I am electing not to go into the details behind this decision in a public forum, it was purely a business decision that I felt necessary at this time.?Please know that this had nothing to do with our exceptional staff, board advisors, contributors, contractors, or anyone else who helped us create and build ACG and FintechWire over this past year. ? Working with this venture and the great people involved has been an amazing experience, and I hope our paths cross again soon.?Thank you all for your drive, enthusiasm, persistence, and for your belief in the vision we set for this firm.? ? I wish everyone all the best in your endeavors and look forward to opportunities to work with you again, hopefully sooner rather than later! ‘Till next time, Rob Misasi President and Founder Ares Communications Group, Inc. and FintechWire.com

As banking as a service gained traction in recent years, its risks have also become apparent, and last year regulators tightened rules regarding the integration of licensed banking institutions and the unlicensed digital platforms that consumers use to manage their finances.?Regardless, there's still a lot of potential in these BaaS relationships, as FintechWire Banking Editor?Ed Medina?writes. #baas?#bankingindustry?#regulatorycompliance? https://lnkd.in/et-EGEAz

As the US ventures into its first spot Bitcoin ETF offerings, FintechWire Securities Editor Brent Watters takes a look north of the border to see how it might all unfold.?Canada was a front-runner in embracing digital assets through its innovative spot Bitcoin. #bitcoin #etf #canada https://lnkd.in/e-bQj8G2

Payroll service providers are now delivering a variety of on-demand payday options and applications, as employers move to meet the needs of their employees, gig workers, and freelance contractors.?Many of these newer tech solution providers partner with banks, card companies, or mainstay payroll companies to create access for workers to receive on-demand pay, also known as earned wage access or EWA.? This article by Ed Medina builds off an earlier story contributed to FintechWire by Thad Peterson of Datos Insights called 'The End of Payday' https://lnkd.in/dRirpBmJ Lots of good #payroll resources here. #commercialbanking #wagesandsalaries #gigworkers https://lnkd.in/dKNy79He

If you've ever wanted to understand #darkpools, FintechWire Securities Editor Brent Watters dives into this mysterious realm of financial markets. Dark pools and alternative trading systems -- operating beyond the reach of the general public -- have evolved into pivotal players in the financial landscape, facilitating anonymous trades in private markets. https://lnkd.in/d6-k8TVg

ICYMI Earlier this week ... Fiserv introduced a monthly index of small business activity in the US based on its vast network of comprehensive sales data. The index will be published during the first week of every month. The data will be updated within days at the end of each month, and it includes categorized statistics for 16 industry sectors and 34 subsectors which can be broken-down and compared in various ways on Fiserv’s website,?https://lnkd.in/g4gidHbW. Read more about it here from Ed Medina on FintechWire https://lnkd.in/d4fQTqdT #payments #smallbusiness

See our recent Press-Release on CreditRiskMonitor regarding the launch of the FintechWire media site! On FTW we host up-to-date coverage on technology change within #financialservices, #fintech, #banking, #securities, and #insurance!!

"Advanced technology like artificial intelligence and telematics can help fleet operators promote safer driving, reduce risk, and lower their insurance costs:" FintechWire #insurance #insurtech #telematics #artificialintelligence

Greetings from the FintechWire Editorial Team! ?? Our team is posting this because #wewantyou... ...More specifically, we want your fintech-related content ?? Have #insurance, #insurtech, #banking, #banktech, #securities, #securitiestech, or any other financial services and technologies related content that you wish to display #forfree on our FintechWire media site? Please reach out to us in the comments, send us a direct message, or email our Editorial Team at: - [email protected] Hoping you and your colleagues have a wonderful week and we look forward to hearing from you soon!