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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.

Jackie Chiles from Seinfeld
News Roundup
·Jun. 6, 2023

Global newsletter: Gensler and SEC waging war on crypto; Coinbase today’s target

One day after dropping 13 counts against Binance, the largest crypto exchange worldwide, the SEC set its sights on Coinbase.
Read Full Story
GreenSky app screen grab
News Roundup
·Jun. 23, 2023

Global newsletter: Goldman Sachs faces significant loss from GreenSky

CNBC reported today that Goldman Sachs is likely to take a "large writedown" as they seek to offload their ill-fated acquisition. 
Read Full Story
Located in Caboolture, the Abbey Medieval festival runs for a week and brings together lovers of all things old world. This image depicts several gentlemen dressed as knights in armor preparing retaliation to protect their king (and the castle you can see in the photo) during a battle in the LARP ring. The LARP battle take place in the large arena set upright in the heart of the festival. You can see the archer bracing to take his shot and the oncoming attack raising their shields in preparation. In this Image he is loading his bow with an arrow. This photo was taken at the festival on the 14th of July 2019 held at the Abbeystowe Museum.
News Roundup
·Jun. 1, 2023

Global newsletter: If you can’t beat them, pretend to be them

Major players in traditional finance are taking the crypto exchange bull by the horns to create their versions in a quest for market share.
Read Full Story
Assorted payment apps offering Buy Now Pay Later services are seen on an iPhone, including Afterpay, Affirm, Klarna, Sezzle, Zip (Quadpay), Perpay, and Tabby.
News Roundup
·May. 26, 2023

Global newsletter: Klarna’s lose now, win later plan is working

Your feel-good Friday news comes to us from Klarna this week. The Swedish BNPL behemoth appears to be delivering on its promise from 2022 to return to profitability by the end of 2023.
Read Full Story
Crypto coins
News Roundup
·Jun. 20, 2023

Global newsletter: Major tradfi names launch crypto exchange

Last week, it was BlackRock announcing their bitcoin ETF, and now we have a consortium involving Citadel Securities, Fidelity, and Schwab launching a new crypto exchange called EDX Markets.
Read Full Story
Phil Goldfeder, CEO of American Fintech Council, right, interviews Rohit Chopra, Director, Consumer Financial Protection Bureau, on the keynote stage at Fintech Nexus USA 2023 at the Javits Center in New York City. | John K. White, Fintech Nexus
News Roundup
·Jun. 13, 2023

Global newsletter: Open banking rules are coming…next year (probably)

In a blog post published yesterday, CFPB director Rohit Chopra suggests we now have a (somewhat) definitive timeline for implementation.
Read Full Story
beacon network alert
News Roundup
·Jun. 23, 2023

Global newsletter: Plaid brings the network effect to fraud fighting

An announcement from Plaid, launching their collaborative fraud fighting network, Beacon, which is designed to "stop the chain reaction of fraud."
Read Full Story
FDIC building
News Roundup
·Jun. 9, 2023

Global newsletter: Regulators provide clarity on bank-fintech partnerships

This week the FDIC, OCC, and the Fed produced a 68-page interagency report detailing how banks should manage third-party relationships.
Read Full Story
sardine
News Roundup
·Jun. 28, 2023

Global Newsletter: SardineX – There’s strength in numbers when fighting fraud

Less than a week ago, we highlighted news that Plaid was taking a network approach to fraud. This week, Sardine announced its own solution.
Read Full Story
Changpeng Zhao of Binance (Left) and FTX CEO Sam Bankman-Fried
News Roundup
·Jun. 5, 2023

Global newsletter: SEC hits Binance with 13 charges

The SEC filed 13 charges against Binance and CEO Changpeng Zhao, in the latest in a series of painful stories about the embattled fintech.
Read Full Story
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