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NEWS HIGHLIGHT
Moss integrates with Klarna Kosma. Powered by Kosma, Moss customers will have real-time visibility of their liquidity anytime, allowing finance teams to produce more accurate reports. Link here
BREAKING NEWS
Revolut CEO at Slush: Tech scene facing ‘hangover’. “We’re back into this swinging mood,” says Nik Storonsky, who expects it will take two or three years for the industry to recover. The CEO believes the venture capital (VC) industry needs to reinvent itself and move away from “crowd - mentality.” Link here
FTX’s ownership of a U.S. bank raises questions. Farmington State Bank became tied to FTX in March when Alameda Research invested $11.5 million in the parent company of the bank, which has a single branch and, until this year, just three employees. Link here
#FINTECHREPORT
Banking and Fintech in 2022. Cornerstone Advisors’ research team put together a compendium of their top research reports from 2022 that reflect the content they believe addresses the key issues, challenges, and opportunities that bank and credit union executives are facing as they head into 2023. Link here