As Jason Mikula predicted on June 1, FIS has acquired embedded finance startup Bond in a deal where terms were not touted in a splashy press release.
Pix achieved the milestone of 3 billion monthly transactions in March, up from a previous record of 2.8 billion by the end of last year.
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The experience of this past weekend highlights a type of business continuity risk that managers of FBO accounts should stop to consider.
TransUnion, one of the big three credit bureaus, has launched a new data analytics platform called OneTru.
The new platform will offer banks and fintechs AI and ML tools for addressing a variety of credit, anti-fraud and marketing needs.
While it is no surprise that recent market shenanigans have caused investors to shed their cryptocurrency holdings, some are leaving the asset class more than others. This is among the findings of recent research conducted by the Financial Health Network.
The Bank of International Settlements sees tokenization in our future. Crypto, on the other hand, may not be.
Nomad, which offers dollar accounts to Brazilians, will now allow its customers to pay in installments for purchases made abroad.
Pix has led to a dramatic acceleration in financial inclusion, Carlos Brandt, head of Pix at the central bank, said at Fintech Nexus LatAm.
Latin America's leading e-commerce Mercado Libre reported 49 million fintech customers in the quarter, up 40% year over year.
Overdraft revenue is on the decline, but recent filings show that JPMorgan Chase and Wells Fargo remain by far the largest generators of the controversial fees.