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.

Fintech Nexus Newsletter

·Jan. 31, 2024

Fintech Nexus Newsletter (January 31, 2024): Apple releases usage details on the Apple Card for the first time

Yesterday, Apple shared details on Apple Card usage for the first time. The card was introduced in 2019 and since then it has acquired 12 million users, not a bad effort in less than five years. Users earn Daily Cash rewards when they use the card and Apple reported that the total for 2023 was over $1 billion.

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News

·Jul. 30, 2011

Roundup of Social Lending News – July 30, 2011

Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best...

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LatAm

·Mar. 6, 2023

Comun raises $4.5 million to become the neobank for the Latino community in the U.S.

Comun's seed round was led by Silicon Valley fund Costanoa Ventures and included participation from South Park Commons and FJ Labs.

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Rohit Chopra Director of the Consumer Financial Protection Bureau of the United States

Regulation

·Oct. 25, 2022

CFPB announces open banking rule

CFPB director Rohit Chopra lobbed a surprise grenade onto the expo floor Tuesday morning by announcing plans for an open banking rule.

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News Roundup

·May. 23, 2023

Global newsletter: Shine bright like a Dimon

You have to acknowledge the star quality of JPMorgan Chase chairman and CEO Jamie Dimon after reviewing the investor day details yesterday.

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Banking

·Oct. 28, 2021

Nubank, Chime, and the push for challenger bank IPOs

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.

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