Posts By Reeves Birner
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256Fintech NewsThe Impact of AI on Financial Automation
HSBC processes over 1.3 million anti-money laundering alerts annually. Before deploying AI, each alert required a human compliance analyst to review the...
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216Fintech NewsHow AI Platforms Are Transforming Banking
In September 2023, Goldman Sachs quietly disclosed that it had deployed an internal AI platform capable of generating code, summarising documents, and...
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227Fintech NewsWhy AI Is Becoming Core Fintech Infrastructure
Stripe processes payments for millions of businesses across 195 countries. When a customer in Tokyo buys a product from a merchant in...
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264Fintech News
How Machine Learning Is Changing Credit Risk Assessment
In 2019, the Federal Reserve Bank of Philadelphia published a study comparing machine learning credit models against traditional logistic regression models used...
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197Fintech News
The Future of AI-Powered Financial Services
OpenAI’s ChatGPT reached 100 million monthly active users in January 2023, two months after its launch. Within weeks, every major financial institution...
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241Fintech News
Why Data Intelligence Matters in Fintech
Plaid connects over 12,000 financial institutions to more than 8,000 fintech applications. When a customer links their bank account to Venmo, Robinhood,...
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227Fintech News
How AI Is Driving Financial Innovation
In 2017, Lemonade launched with a proposition that sounded impossible: homeowners insurance that could be purchased in 90 seconds and claims that...
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265Fintech News
The Next Generation of AI-Powered Fintech Platforms
Harvey, a legal AI startup focused on financial services contracts, raised $80 million in its Series B in early 2024 at a...
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314Payments
How Digital Payment Platforms Are Transforming Commerce
On Singles’ Day 2024, Alibaba’s payment platform Alipay processed 988,000 transactions per second at peak load. The entire day’s sales across Alibaba’s...
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389Payments
The Future of Cross-Border Payment Technology
Wise (formerly TransferWise) processed $118 billion in cross-border transfers in the twelve months ending March 2024. The company’s average transfer fee was...
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353Payments
Why Payment Infrastructure Is Becoming Digital
India’s Unified Payments Interface processed 16.6 billion transactions in January 2025, worth approximately $250 billion. Five years earlier, in January 2020, UPI...
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328Payments
How Fintech Is Reinventing Global Payment Systems
Stripe’s first seven lines of code, published in 2011, allowed a developer to accept a credit card payment on a website. Before...
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324Payments
The Growth of Embedded Finance Across Industries
When a Shopify merchant receives a notification saying “You’re eligible for a $50,000 business loan, click to accept,” that loan offer did...
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377Payments
How Embedded Finance Is Changing Business Models
Toast, the restaurant management software company, generates approximately 80% of its revenue from financial services. Not from its point-of-sale software. Not from...
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334Payments
Why Payment APIs Are Driving Fintech Innovation
Adyen published its API documentation in 2006 and made a bet that would define the next two decades of payment technology: instead...
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278Payments
How Fintech Companies Are Simplifying Global Payments
In 2015, a small business owner in Lagos sending $10,000 to a supplier in Shenzhen would have paid roughly $600 in fees...
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285Payments
The Rise of Embedded Financial Services
When Uber launched Uber Money in October 2019, it gave its 4.4 million drivers access to a digital wallet, a debit card,...
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368Payments
Why Digital Payments Are Expanding Globally
In March 2007, Safaricom launched M-Pesa in Kenya with a simple proposition: send money using a basic mobile phone, no bank account...
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307Payments
The Future of Fintech Payment Infrastructure
On July 20, 2023, the Federal Reserve launched FedNow, the first new U.S. payment rail in over 50 years. The system enables...
