SME-focused fintechs are better known than banks as sources of advice and guidance on financial matters, such as cash flow management.
Wagner Ruiz, Co-founder of EBANX, talked at the Fintech Nexus LatAm 2022 event about the outlook for payment innovation in emerging markets.
DeFi is positioned to boost our economy by reducing our reliance on an antiquated and expensive jumble of legacy payment systems.
Silvergate, a US-based crypto bank that first partnered with the Facebook venture to create a stable coin last May, said in a release they paid $182 million for the operations infrastructure.
Mexican fintech Clara secured a $90 million debt facility as it plans to grow its footprint in South America.
Saque y Pague will seek to strengthen its regional network and install 2,000 of its self-service terminals in the Colombian market.
First-party fraud is rife, costing over $100 billion a year. Many say they're accidental, but data sharing could stop repeat offenders.
As the digital economy expands, chargebacks will remain a vital consumer protection tool. The onus is on financial institutions to adapt to this changing landscape, ensuring that chargeback processes are efficient, transparent, and aligned with the evolving needs and expectations of consumers.
Grassroots groups facing fundraising woes have an ally at their disposal, ready to help them through the process of establishing a DAO.
SoFi reported their financial results for Q3 2023 and showed considerable improvements across all areas of their business.