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

·May. 20, 2024

Fintech Nexus Newsletter (May 20, 2024): SoLo Funds sued by CFPB for deceiving borrowers

On Friday, the CFPB announced it was suing mobile peer-to-peer lending platform SoLo Funds for multiple issues. SoLo Funds targets minority and other underserved borrowers with short-term loans of up to $575. This is a challenging population to serve and a difficult niche to profit from.

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Startups

·Apr. 5, 2024

FIS Fintech Accelerator offers unique startup benefits

The FIS Fintech Accelerator 2024 will see 10 startups meet with business leaders, scale their products, and develop a market-centric value proposition.

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Fintech

·Jul. 27, 2022

Three trillion reasons to improve women’s financial health

A new report from the Financial Health Network reveals that governments and businesses have almost three trillion reasons to close the financial gender gap.

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Crypto

·Jan. 17, 2022

UPDATED: Crypto.com confirms hackers stole more than $34 million

With a message on Twitter and complaints of locked accounts, Crypto.com announced it was the first significant exchange hacked in 2022.

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Fintech

·Jun. 20, 2023

AML efficiency from networks and AI

Money Laundering is a perpetual thorn in the side of financial institutions. BIS reports that AI and use of networks could be way forward.

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Fintech Nexus USA 2023

·May. 11, 2023

USA 2023: Seekers of fintech investment need to be ‘creative’ in current economic climate

'If you have the right business ball on the right day and in the right situation, there is capital going to certain companies'

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Announcements

·Oct. 21, 2021

Welcome news.lendit readers

We've amalgamated all of the content from the news.lendit site here, including the full archive dating back to 2016 as an evergreen research resource.

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