Editor

·Nov. 5, 2021

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Please clicRecent ‘unicorns’ like Brex, Paxos, and Chime are unique in that their innovation extends to internal functions, like risk management. This survey aims to identify the connection between innovative risk management and business growth. Could a dynamic approach to handling risk actually accelerate progress?k the link to complete this form.

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Fintech

·Nov. 5, 2021

Square adds teens to Cash App to strengthen relationships with parents

Jack Dorsey's payments company wants to reach a younger demographic while also giving adults more reasons to use its peer-to-peer service.

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Fintech

·Nov. 5, 2021

Latam: PayU Says it will Hit $8 Billion in Transactions in 2021

Latam Fintech PayU says it will hit $8 billion and 300 million transactions in 2021. PayU says it has experienced an 80% user growth since 2019. PayU is a is the payments and Fintech business of Prosus and a leading online payment service provider, operating

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Fintech

·Nov. 5, 2021

Chipper Cash Raises $150M at $2B+ Valuation

African FinTech Chipper Cash closed a $150 million Series C extended funding round at a more than $2 billion valuation, according to media reports.

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Fintech

·Nov. 5, 2021

Digital bank Jiko accelerates banking-as-a-service strategy

The Jiko app is still available for consumers to download, and the company plans to keep enhancing its features, but its main use will serve as a "showroom" for Jiko's technology, CEO Stephane Lintner said.

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Fintech

·Nov. 5, 2021

Incoming New York mayor Eric Adams vows to take first three paychecks in bitcoin

New York City mayor-elect Eric Adams plans to take his first three paychecks in bitcoin, in the politician’s latest move to give Miami a run for its money as one of the country’s top destinations for crypto enthusiasts.

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Fintech

·Nov. 5, 2021

Visa Direct: Ruben Salazar On Visa’s Money Transfers Ambition

The ultimate goal is for Visa Direct to become “the de facto most efficient, secure money movement network on Earth”.

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Fintech

·Nov. 5, 2021

How regulators worldwide aim to rein in buy now/pay later

As installment lending becomes more popular, regulators in the U.S., Europe and Australia are considering new restrictions or taking action against lenders.

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Fintech

·Nov. 5, 2021

JPMorgan estimates CBDCs could save corporates £100 billion in transaction costs

A full-scale, multiple central bank digital currency (mCBDC) network could potentially save global corporates up to $100 billion in transaction costs annually, according to a joint research report from Oliver Wyman and JPMorgan.

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Europe

·Nov. 5, 2021

FCA working on using data to predict consumer harm

The City regulator is working on leveraging data to create new tools that will allow it to detect consumer harm and intervene more quickly, amid its growing scrutiny of high-risk investments. Speaking at the CDO Exchange for Financial Services, Jessica Rusu, chief data, information and intelligence officer at the Financial Conduct Authority (FCA), said that...

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