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.

artificial intelligence

·Jul. 21, 2023

AI in fintech: An adoption roadmap

The increased use of AI in financial services is inevitable, but for it to fully flourish, many issues must be addressed, including legal, educational and technological ones. As they get resolved, several factors will still increase use in the interim.

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AI-powered virtual assistant by Glia transforms banking by phone and online

Glia's voice banking solution extends its Al-powered virtual assistants to banking customer phone calls, replacing menu-based IVR technology.

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Pix for export? Fiserv takes Brazil’s mobile payments to Argentina

Fiserv's initiative in Argentina will make Pix available to Brazilians outside their home country for the first time.

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Dangerous Hooded Hacker Breaks into Government Data Servers and Infects Their System with a Virus. His Hideout Place has Dark Atmosphere, Multiple Displays, Cables Everywhere.

Fintech

·Jul. 18, 2023

Organized crime makes identity fraud more common than you think

Organized crime groups are exploiting gaps in detection technology to orchestrate financial fraud on a massive level simultaneously across multiple businesses and geographies. The result? Actual fraud rates are multiple times higher than reported

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LatAm

·Jul. 17, 2023

Petro, Maduro’s crypto endeavour in Venezuela, is crumbling

Petro, Venezuela's oil-backed crypto is falling. Users are reporting paralysis, little acceptance among the public and a government overhaul.

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Fintech

·Jul. 14, 2023

State Regulation hits EWA (but is it enough?)

State regulators are stepping into action to regulate earned wage access. But the process is slow and could create a mismatch for providers.

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Crypto

·Jul. 13, 2023

Ripple verdict: XRP not an investment contract

In a case that has taken three years to reach a verdict, XRP token is found not to be a security. But Ripple isn't completely off the hook.

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Fintech

·Jul. 13, 2023

FedNow: Instant Payments or Instant Fraud

Real-time payments systems have globally increased the threat of related fraud. Will FedNow follow the trend?

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Embedded Finance

·Jul. 13, 2023

Is embedded finance dead?

Is embedded finance dead? Ahon Sarkar said your answer depends on where you fit into the ecosystem. Sarkar is the general manager of Q2’s Helix division. Helix works with companies to make personalized banking products.

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