WealthTech Weekly: May 5, 2023

WealthTech Weekly: May 5, 2023

Welcome to the Wealthtech news highlights of this week. See how leaders in financial services are doing this week.

What’s going on:

  • Range nets $12m for the growth of its AI Wealthtech offering
  • Dynasty Financial Partners starts an investment bank
  • GBST purchases WealthConnect
  • Kidbrook...

Welcome to the Wealthtech news highlights of this week. See how leaders in financial services are doing this week.

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Top 11 Budgeting & Wealth Management Tools for Your Business and Personal Finance

Top 11 Budgeting & Wealth Management Tools for Your Business and Personal Finance

Fintechs face intense competition in the market coupled with macroeconomic pressures. They either evolve or die. The companies I feature in this article dig in their heels during the “crisis as usual” era. By upgrading their apps and offering new unique experiences, these Fintech market players secure their sweet spots in the world of finance.

If...

Fintechs face intense competition in the market coupled with macroeconomic pressures. They either evolve or die. The ...
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WealthTech Weekly: April 28, 2023

WealthTech Weekly: April 28, 2023

Welcome to the Wealthtech Weekly, your roundup of the latest news and trends in the fintech industry. See how leaders in financial services are doing this week.

What’s going on:

  • Morningstar adds model portfolios to its array
  • Allworth Financial acquires McDaniel Knutson Financial
  • First Rate ...

Welcome to the Wealthtech Weekly, your roundup of the latest news and trends in the fintech industry. See how leader...
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How to Build AI-Powered Credit Scoring Software - Tips from Experts

Credit score is your multipass in the world of financial services. It helps you secure a loan, apply for a credit card, or rent an apartment. It’s a thread binding it all together in the intricate web of financial decision-making.

Today, the landscape of credit scoring is evolving, and it's not just about numbers and formulas anymore. AI, the powerhouse of modern technology, has woven its way into this domain, reshaping how lenders evaluate your creditworthiness.

In this article, I'll untie the workings of AI-powered credit scoring, explaining its benefits and challenges, algorithms, feature engineering, steps to build an AI-driven credit scoring system, and the coolest examples in Fintech. Find out how AI is revolutionizing an age-old system, changing how we access financial opportunities.

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How SVB Fell to Pieces in 48 Hours, and What’s Next for Fintech

A banking crisis is where Fintech rises to push off and make its start. At least, that’s what we saw in 2008. Recent news of the collapse of Silicon Valley Bank (SVB) has sent shockwaves through the industry, leaving many wondering about the implications of such a catastrophic event. It could be a big reset to get to the next level. But the question is what we will lose during this transition.

In this article, I'll provide a timeline of the collapse of SVB, discuss its global impact, and offer my thoughts on what Fintech leaders should do to protect their businesses from a disaster.

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Integration Testing with Java: Best Practices and Frameworks to Use in 2023

With release cycles becoming shorter and systems more complex, the need for quicker and more precise testing grows stronger. While there are lots of tutorials for unit testing, integration testing is often overlooked or confused with the former.

That’s why I start this article by explaining what integration testing is and why it’s indispensable. Also, I share recommendations from our solution development team to CTOs that work or intend to work with Java and are looking for best practices to solve the integration testing challenges and perfect their product.

#cases

Solutions Development For Enterprise Fintech

Discover how we can help you solve business challenges using technological, managerial, and financial expertise of our software engineering experts!