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News Roundup

This page contains an archive of the Global Newsletter summaries and the weekly fintech news roundups.


Every day the Fintech Nexus news team scours the globe for the most important stories of the day to include in our daily newsletter.


Then every Saturday we bring you our weekly news roundup of the top 10 fintech stories of the week with commentary from Peter Renton.


To join our newsletter community please subscribe here.

FintechNews RoundupUSA
·Oct. 17, 2017

Digital Channels Becoming Essential to Big Banks

While announcing earnings for Q3 Wells Fargo and Bank of America both revealed how important digital channels are to their bottom line; BofA saw mobile banking users jump 11 percent, mobile usage grew at 19 percent and digital payments grew 9 percent in the past year; Wells Fargo saw digital usage grow 2 percent and digital sessions grow 6 percent; the digital trend shows how much banks businesses are changing. Source.

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FintechNews RoundupUSA
·Jan. 17, 2018

Digital Channels Continue Growing at Big Banks

JPMorgan Chase and Wells Fargo announced their earnings late last week and digital channels continue to be a growing force at the banks; JPMorgan Chase saw a 13 percent jump in active mobile customers to over 30 million; Wells Fargo’s growth was not as pronounced at 3 percent to over 21 million active mobile customers; this points to a broader industry trend where according to Business Insider’s Mobile Banking Competitive Edge study 83 percent of respondents use mobile banking; some recent trends the study has also seen include more attention to security, mobile transfers and users asking for more advanced features. Source.

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News Roundup
·Nov. 3, 2020

Digital Currencies Finally on the Mainstream Path

One of the biggest questions the crypto and blockchain communities have yet...
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FintechNews RoundupUSA
·Apr. 17, 2020

Digital Currency Adoption and Awareness Increasing Rapidly Across the Globe

A new survey by The Economist Intelligence Unit and Crypto.com says that...
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FintechNews Roundup
·Jan. 18, 2017

Digital Disruption in Banking a Theme at the World Economic Forum in Davos

Banks are integrating automation to help improve cost pressures yet competition from fintech companies continues to increase; professionals believe the market's fintech revolution will transform the industry and lead to greater automation, consolidation and fintech partnerships; banking automation appears to be one leading factor banks are focusing on as they analyze the market's competitive challenges; automation, blockchain and new technologies are all important topics being discussed at this year's World Economic Forum in Davos.  Source

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FintechNews RoundupUSA
·Mar. 25, 2020

Digital Dollar Considered During the Crisis

The economic stimulus that was just agreed upon ultimately did not include...
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FintechNews RoundupUSA
·Apr. 1, 2020

Digital Identity Becoming More Important Than Ever Before

More of our lives are going online by the minute as we...
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FintechNews Roundup
·Dec. 16, 2016

Digital Identity Verification Firm, Socure, Raises $13mn

Socure has added $13 million from a funding round led by Flint Capital; Socure provides software as a service solutions that increase customer acceptance and reduce uncaught fraud; according to Flint Capital Partner Sergey Gribov, "The company supplements market deficiencies in which current identity verification solutions fall short, including millennials, who largely avoid the use of credit, or abroad, where credit systems don't exist at all."  Source

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Asia/PacFintechNews Roundup
·Mar. 29, 2017

Digital Investment Risks Continue in China

The Wall Street Journal reports on the prevalence of digital investment risk in China; notes 5,700 firms registered with the Association of Shanghai Internet Financial Industry; provides examples of losses from companies including Cosun and Shanghai Kuailu Investment Group.  Source

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FintechNews RoundupUSA
·Jun. 3, 2019

Digital Lenders Taking Marketshare From Banks in SMB Lending

The largest online small business lender in the US is now PayPal...
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