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Steve Cohen is backing a former Amex exec solving a financial pain point facing 35% of the American workforce

A financial technology startup has snagged $3 million to take advantage of a pain point impacting the millions of freelancers in the US.
Traders work on the floor of the NYSE in New York

Wall Street banks have realized they can’t do it all themselves

If banks want to stay afloat they'll need to team up with startups and focus on what makes them special.
Samik Chandarana (not pictured) just landed a big promotion.

JPMorgan created a new position to unleash emerging technology onto its investment bank

JPMorgan named Samik Chandarana, an 18-year veteran at the bank, as head of analytics and data science for the corporate and investment bank.
Kerim Derhalli, CEO & Founder of Invstr.

A popular stock picking game has launched a platform for users to buy real stocks

Kerim Derhalli brought in $1 billion for its clients when he was a banker, now he's democratizing finance with his app Invstr.
Shinz? Abe (R), prime minister of Japan, and Tom Farley (L), the president of the NYSE.

Japan wants to roll back regulations for financial technology startups — here’s why it could be bad for the US

Japanese Prime Minister Shinzo Abe is pushing a regulatory sandbox program that would allow fintechs to operate and scale without meeting existing regulations.

Betterment just landed an $800 million valuation

Betterment, the largest independent roboadviser, announced Friday morning a new round of funding that would bring the firm's valuation to $800 million.