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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.

Payments
·Mar. 7, 2023

Brazil’s central bank greenlights WhatsApp merchant payment business

After years of waiting, the central bank of Brazil has finally authorized Meta's WhatsApp merchant payment system.
Read Full Story
Nubank CEO David Velez on stage
Fintech
·Jan. 26, 2023

Nubank takes on LatAm expansion with $150-million loan from IFC

Nubank announced a $150 million loan from the International Finance Corporation as it seeks to strengthen its presence outside of Brazil.
Read Full Story
Pay in 4 graphic
Payments
·Jan. 4, 2023

SoFi teams up with Mastercard with ‘Pay in 4’

SoFi is the first bank to begin 'Pay in 4' within the Mastercard Instalments program that began in Mid-December.
Read Full Story
Fintech Nexus Newsletter
·Mar. 5, 2024

Fintech Nexus Newsletter (March 5, 2024): CFPB makes good on promise to cap credit card late fees

The CFPB continues its attack on all kinds of junk fees charged by banks. This time they are targeting credit card late fees.
Read Full Story
News
·Jun. 7, 2011

Prosper.com Closes Next Round of VC Funding

Today Prosper announced that they have closed another funding round, this time for $17.2 million. It came from several of...
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artificial intelligence
·Oct. 5, 2023

AI, if used properly, can improve loan decisioning

Artificial intelligence (AI) can significantly improve loan decisioning accuracy, but several factors must be considered to maximize that effectiveness. Luckily, given some care and consideration, Zest AI’s chief legal officer Teddy Flo said they can be easily applied.
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Robert Boxberger
Fintech Nexus USA 2023
·May. 11, 2023

USA 2023: Fintech-focused fraud prevention network by Experian coming to U.S.

Experian's fraud prevention data network, in existence since 1991, will be available for use in North America later this year.
Read Full Story
John Glen MP addresses IFGS 2022 audience
Europe
·Apr. 4, 2022

UK Economic Secretary announces innovative approach to crypto technologies

As part of Innovate Finance's IFGS 2022 event, John Glen MP, Economic Secretary announced a groundbreaking government approach to crypto-assets, blockchain and distributed ledger technology, letting innovation guide the way.

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Fintech Nexus Newsletter
·Feb. 5, 2024

Fintech Nexus Newsletter (February 5, 2024): LendingClub’s agreement with the OCC expired Friday

It was three ago last week when LendingClub closed its acquisition of Radius Bank. At that time LendingClub entered into an operating agreement with the OCC that imposed capital restraints and growth limits on the fintech pioneer.
Read Full Story
goldman sachs
News Roundup
·Oct. 13, 2023

Fintech News Roundup for the Week Ending October 13, 2023

The top five stories in fintech this week as featured on the Fintech Nexus 5 are from Goldman Sachs. Fiserv and Plaid, the big banks, Stash and Fintech Blueprint
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This month:

  • Vesey Ventures – Julia HuangWhy agentic AI will spark commerce’s next PayPal moment Apr. 10, 2025
  • Mortgage PerformancesHome Invasion: What Happens if Fannie and Freddie Go Private Apr. 10, 2025
  • Aidan CorbettWayflyer’s $5B Bet on Small Business Lending May. 1, 2025
  • The Unintended Consequences of the BaaS CrackdownThe Unintended Consequences of the BaaS Crackdown Apr. 10, 2025
  • Pat Kinsel, CEO and Founder, ProofAI Cometh for the Tax Man Apr. 17, 2025
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  • Fintech Nexus team shotFarewell: Fintech Nexus is shutting down Jun. 21, 2024

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