Anyway you slice it, we have not been doing a good job in stopping money laundering.
It is estimated that we only catch 1-2% of all illicit money flowing through the banking system. Yet as an industry, we spend many billions of dollars in this fight.
On Aug. 30, Coromandel Capital, a secured lender and regular in the Fintech Nexus community, announced a $25-million deal with Nectar, an alternative cash flow provider for real estate and rental operators.
Fintech Nexus is for sale and we are currently seeking expressions of interest.
Latin America's neobanks showed growing profits and robust customer acquisition in the quarter, a sign of resilience amid economic troubles.
These numbers consolidate Nubank as the fifth-largest financial company in Brazil by customers.
As fintechs gained traction in Argentina, financial access to accounts has become nearly universal, according to a central bank report.
The SEC’s new cybersecurity rule can protect investors and ensure companies take security seriously. But it creates as many questions as it answers.
Financial exclusion is a global problem affecting millions of people, through strategic design and implementation, could CBDCs be the solution?
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Ready to Sign Up for a Gen AI Certification Program? Fintech Founders & Others Weigh In on the Trend
We are still figuring out fintech applications for generative ai, so is now the time to start talking about certifications?
A new report from Open Lending and TransUnion dispels the myth that many thin-file consumers, especially younger ones, are more risky.