Utah Center for Financial Services

Fintech booming in Utah with help from the Utah Center for Financial Services

This past year has been an enormous one for FinTech in Utah Valley. Galileo, Finicity, Acima, and Divvy all have been acquired for roughly $6 billion. Fintech and tech companies as a whole are increasingly choosing Utah and Salt Lake City specifically as the basecamp to establish their operations. The Utah Center for Financial Services (UCFS) was recently featured in an article about financial [...]

2021-07-26T16:17:57-06:00July 22nd, 2021|
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Study: Brokered deposits are safe and important for banking operations

An academic study conducted for the Utah Center for Financial Services demonstrates that brokered deposits are a secure source of funding for banks. The Center engaged pre-eminent academic James Barth and his doctoral student colleague Yanfei Sun, who conducted a review of the impact and risk of relying on brokered deposits, focused on the last decade. In their study, Barth and Yanfei examined the [...]

2018-06-06T10:36:44-06:00June 6th, 2018|
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