Several LatAm countries moved forward in 2021 with regulatory initiatives seeking to promote competition and data sharing in the industry.
Silicon Valley Bank is still open for business for fintech companies. In many ways, even though it is now part of First Citizens Bank, it is very similar to what it was before, at least from a fintech perspective.
The results of a recent Axway survey on open banking in America bode well for its adoption stateside. More than half, 55%, have heard of open banking, with 32% believing they have a decent understanding of it.
Many of these firms have aimed to go public in the vague "end of 2021/ early 2022/ when we have enough money" time frame while participating in increasingly rare-letter funding rounds.
The annual slog of tax returns is an inevitability. Integrated tax assistance could be a opportunity to reach fintech super app status.
Lenders can provide small businesses with highly competitive services by switching from manual data collection to open finance-enabled technology.
According to the European Commission, only about 60% of the EU population in 14 member states can use their national eID cross-border.
Thanks to improvements in technology, innovative businesses like Melio are bringing B2B payments into the 21st century. This week, Melio launched Real-Time Payments, supported by J.P. Morgan.
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With 2.6 million people and the highest remittances in Africa, Nigeria is currently the 7th most populous country in the world.
Prism Data’s CashScore v3 is the first version that utilizes anonymized, consumer-permissioned open banking data to provide a clearer view of actual credit risk.