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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 Roundup
·May. 29, 2020

More News for May 29th, 2020

A chat about challenger banking in the US with Revolut’s US CEO...
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FintechNews Roundup
·May. 4, 2020

More News for May 4th, 2020

More than 150 Ethereum Projects have Received Nearly $25 Million in Funding:...
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FintechNews Roundup
·May. 5, 2020

More News for May 5th, 2020

SoftBank-backed Greensill suffers raft of client defaults MoneyGram CEO Says It’s been...
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FintechNews Roundup
·May. 6, 2020

More News for May 6th, 2020

Revolut’s founder should take some M&A lessons from Warren Buffett Digital Lending...
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FintechNews Roundup
·May. 7, 2020

More News for May 7th, 2020

BankThink Crisis mode provides another lesson for banks, not a life sentence...
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FintechNews Roundup
·May. 8, 2020

More News for May 8th, 2020

Wellness tool from BMO Harris partner finds following with bank’s customers Stilt,...
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FintechNews RoundupUSA
·Oct. 6, 2017

More Partnerships and Consolidation Coming

An opinion piece in American Banker highlights the challenges the marketplace lending industry faced in 2016; Alenka Grealish, a senior analyst at Celent believes that we will see consolidation and more partnerships in the remainder of 2017 and into 2018; discusses the advantages and challenges both fintechs and banks have and what may happen in a downturn. Source

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FintechNews RoundupUSA
·Mar. 28, 2019

More Regional Bank M&A Might be on the Way

A new survey of 175 banks by UBS shows that larger banks...
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News RoundupOnline LendingRegulation
·Oct. 26, 2016

More Regulation of Lending and Data Privacy Recommended in Kenya

This week, the Consultative Group to Assist the Poor (CGAP) proposes improvements to the loosely-regulated fintech sector in sub-Saharan Africa, particularly Kenya; CGAP is a global partnership of 34 leading organizations advancing financial inclusion; they note fintech companies may inappropriately publicize a borrower's personal information if they default on a loan, and others may sweep a user's social media data with minimal notice to the consumer; a key step, by law and proactive process, is to rigorously include all fintech platforms under existing laws for lenders in Kenya.  Source

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FintechNews RoundupUSA
·Jan. 25, 2018

More than 2,000 Bank Branches Close Across US Last Year

US banks closed more than 2,000 bank branches in 2017, an 18 percent increase form the year earlier; Wells Fargo is one of the leading banks as they closed 194 branches and plan to close more than 800 more by 2020; other banks like Citizens Financial is reducing square footage at branches but not closing as many; Banking Technology lists the top 10 banks by branch closures. Source.

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