If you are building AI for finance, get out while you can
4 points by shoman3003 | 2 comments
An HN text post arguing LLMs are poorly suited to accounting because they are probabilistic, miss accuracy targets, and cannot be held legally accountable.
#fintech on Hacker News
14 stories tagged fintech, newest first.
Revolut down as users report app not working(bbc.com)
76 points by baal80spam | 88 comments
BBC News report on a Revolut outage affecting multiple services, with thousands of users reporting problems with the banking app.
Show HN: Stoke Money – Personal finance app built around a cash flow forecast(stoke.money)
18 points by _wesley | 13 comments
Landing page for Stoke, a personal finance app that projects account cash flow from recurring transactions instead of using budgets.
Stripe and Advent have made a joint offer to acquire PayPal – sources(reuters.com)
470 points by rvz | 277 comments
Reuters report that Stripe and private equity firm Advent have made a joint offer to acquire PayPal, according to sources; the page showed a device verification screen.
Fintech Engineering Handbook(w.pitula.me)
597 points by signa11 | 184 comments
An online handbook by Voytek Pitula describing software engineering patterns for systems that handle money, covering precision, rounding, currencies, ledgers, and audit trails.
Layoffs at Block(twitter.com)
852 points by mlex | 967 comments
Jack Dorsey's X post sharing his note to Block employees announcing a cut from over 10,000 to under 6,000 staff, with severance details.
Capital One to acquire Brex for $5.15B(reuters.com)
375 points by personjerry | 307 comments
Reuters news article reporting Capital One's agreement to acquire fintech firm Brex for $5.15 billion.
Fintech founder charged with fraud; AI app found to be humans in the Philippines(techcrunch.com)
436 points by noleary | 207 comments
TechCrunch article reporting that a fintech founder was charged with fraud after his 'AI' shopping app was found to rely on human workers in the Philippines.
Brazil's government-run payments system has become dominant(economist.com)
617 points by jcartw | 683 comments
The Economist article on how Brazil's central-bank-run Pix instant payments system has come to dominate payments, shaking up banking but concentrating power.
Launch HN: Double (YC W24) – Index Investing with 0% Expense Ratios
400 points by jjmaxwell4 | 394 comments
Launch HN post for Double (YC W24), a $1/month direct indexing service offering 50+ index strategies with 0% expense ratios and tax-loss harvesting.
Engineers do not get to make startup mistakes when they build ledgers(news.alvaroduran.com)
531 points by fagnerbrack | 509 comments
Substack post from The Payments Engineer Playbook by Alvaro Duran on practical accounting and ledger design for fintech engineers, drawing on his startup mistakes.
Show HN: Kotlin Money(blog.eriksen.com.br)
409 points by eriksencosta | 215 comments
Blog post introducing Money, a Kotlin library for monetary calculations, allocations, rounding, and currency handling.
Engineering principles for building financial systems(substack.wasteman.codes)
340 points by KothuRoti | 83 comments
A Substack blog post sharing engineering principles and best practices for building accurate and reliable software-based financial systems.
Griffin – A fully-regulated, API-driven bank, with Clojure(juxt.pro)
363 points by coder94 | 172 comments
A JUXT blog case study on Griffin, a UK-regulated API-driven banking-as-a-service platform built with Clojure.