All

Fintech Nexus Newsletter

Random

News

Every day the Fintech Nexus News team writes original stories from around the world, and we archive them chronologically on this category landing page.

LatAm

·Dec. 13, 2022

LatAm22: Building a financial super app for the underbanked

In Mexico's difficult landscape for credit, Kueski has become one of LatAm's largest BNPL and consumer credit firms. It's all down to data.In Mexico's difficult landscape for credit, Kueski has become one of LatAm's largest BNPL and consumer credit firms. It's all down to data.

Read Full Story

Fintech

·May. 10, 2023

USA 2023: Seamless digital account opening to boost fintech growth

Mastercard announced the launch of their Account Opening solution at Fintech Nexus USA 2023, streamlining verification and reducing fraud.

Read Full Story

Payments

·Mar. 16, 2023

Paymentology, Fondeadora to take Apple Pay to Mexico

Apple Pay goes live in Mexico as issuer-processor Paymentology partners with Fondeadora to expand payments in the North American country.

Read Full Story

Fintech

·Sep. 29, 2022

PayU finds opportunities in e-commerce for cross-border payments

Digitalization has brought retail home, despite products being overseas. PayU sees opportunity for payments to meet consumers there too.

Read Full Story

Fintech

·Mar. 30, 2022

Cross River raises $620M Series D

On March 30, banking investor Cross River announced another successful funding round of $620 million, co-led by Andressen Horowitz and Eldridge Capital.

Read Full Story

Fintech Nexus Newsletter

·May. 2, 2024

Fintech Nexus Newsletter (May 2, 2024): Block targeted by federal prosecutors for AML and sanctions failings

We learned yesterday that federal prosecutors are investigating Block for widespread compliance lapses. NBC News broke this story after interviewing a former Block employee. This person provided roughly 100 pages of documents that showed transactions involving entities in countries subject to U.S. sanctions.

Read Full Story

Fundraising

·Dec. 12, 2022

Alternative funding could fill the VC void

VC funding has taken a hit this year however Arc co-founder and CEO says all is not lost. This could be the time for fintech alternatives.

Read Full Story

Fintech

·May. 13, 2022

Stablecoin TerraUSD crashes past $1 alongside crypto market

After about 4 p.m. EST, the algorithmic stable coin TerraUSD collapsed 30% in four hours, while its sister coin dropped 97% in a day.

Read Full Story

Crypto

·Aug. 17, 2022

Request Finance introduces ‘Salaries’ feature to automate cryptocurrency payroll

On Tuesday, Paris-based Web3 payments startup Request Finance launched "Salaries" to help Web3 enterprises automate payroll in crypto.

Read Full Story

Fintech Nexus USA 2022

·Jun. 30, 2022

Fintech Nexus USA 2022: AI and machine learning tackle bias in credit underwriting

Bias in credit underwriting is an issue some worry will be exacerbated by AI others believe it is the only way forward. At Fintech Nexus USA 2022, approaches were discussed to mitigate concerns.

Read Full Story