Real-Time payments have brought instant processing into focus. Orum has used FedNow to execute rapid, automated account verification
Instant payments are growing in LatAm, but experts at Ebanx Payments Summit call for strong central bank regulation to break banks' dominance.
FedNow may have sparked some real time urgency but institutions may still be stuck in the "receive only" phase. Cloud could help.
The top five stories in fintech this week as featured on the Fintech Nexus 5 are from Visa, Apple, FTX, Monzo and WhatsApp.
Artificial intelligence (AI) can significantly improve loan decisioning accuracy, but several factors must be considered to maximize that effectiveness. Luckily, given some care and consideration, Zest AI’s chief legal officer Teddy Flo said they can be easily applied.
With 40Seas, Eyal Moldovan believes he has solved a cross-border payments issue hindering importers and exporters who are already contending with a rapidly changing environment.
Itaú joins the digital banking frenzy with "Itu," a digital banking initiative in Chile offering a virtual account and a debit card.
Competition, regulatory pressure and changing customer preferences are driving banks to refocus on their customers.
The top five stories in fintech this week as featured on the Fintech Nexus 5 are from Apple, Atomic, Binance, Cushion and Mastercard/Mercedes.
While Brazil's PIX has achieved great success, it is not alone. UPI has thrived in India, ushering millions into the digital economy.