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News

Every day the Fintech Nexus News team writes original stories from around the world, and we archive them chronologically on this category landing page.

Two presidents
LatAm
·Jan. 24, 2023

Brazil-Argentina’s common currency is met with skepticism 

In Buenos Aires, presidents Lula da Silva and Alberto Fernandez said a trade common currency would help reduce dependency on US dollar.
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Payments
·Jun. 6, 2022

Bill payments industry lags behind for young clients

Pay Near Me has found adults aged 18-29 are more likely to pay their bills late. By asking why, their survey unveiled the next big opportunity for bill payments.

Read Full Story
decentralised daydreaming
Crypto
·Nov. 11, 2022

Is decentralization just a pipe dream?

A basis for Web3 is the pursuit of the decentralisation dream. As 2022 sees even more "DeFi" entities fall, is a dream all it will ever be?
Read Full Story
Fintech Nexus Newsletter
·Jun. 4, 2024

Fintech Nexus Newsletter (June 4, 2024): LoanPro integrates with Visa DPS on credit card platform

UK digital banking pioneer Monzo reported its financial results for the 2023-24 fiscal year today. The numbers are impressive. Total revenue was £880 million for the year, more than 2x the £356 million from the previous year.
Read Full Story
Banking
·Apr. 30, 2024

LendingClub exceeds expectations in strong Q1 earnings

LendingClub reported Q1 2024 earnings and the company exceeded analyst expectations for both revenue and profit.
Read Full Story
Fintech Nexus Newsletter
·Mar. 6, 2024

Fintech Nexus Newsletter (March 6, 2024): Apple releases a new API called FinanceKit

In the new Apple iOS 17.4 update there is a little something for fintech enthusiasts: a new API called FinanceKit. This is another example of Apple edging its way into open banking after last November the company allowed UK users to connect outside accounts.
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Banking
·May. 23, 2022

Financial literacy education has far-reaching effects

Gimi, in a partnership with ABN Amro has released a financial literacy app for children. According to its founder, the effects could go far beyond economic benefits.
Read Full Story
Chris Britt (left) was a keynote speaker at Fintech Nexus 2022. He was interviewed by Paul Stamas from General Atlantic
Fintech Nexus USA 2022
·Jun. 9, 2022

Fintech Nexus USA 2022: Ten years in and Chris Britt and Chime are only getting started

Chime has come a long way since its founding a decade ago, but co-founder Chris Britt said the company is only getting started.
Read Full Story
F-Prime feature
Payments
·May. 13, 2022

F-Prime Fintech Index gets granular on evolving sector

The F-Prime Fintech Index tracks the performance of emerging, publicly traded financial technology companies.
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Fintech Nexus Newsletter
Fintech Nexus Newsletter
·Jan. 5, 2024

Fintech Nexus Newsletter (January 5, 2024): Trade associations have suggestions for the CFPB open banking rule

When the CFPB released their long-awaited proposal on open banking rules in October there was cautious optimism from both banking and fintech groups. Fast forward two and a half months, when everyone has had a chance to fully digest the 299-page proposed rulemaking, there are many suggestions for improvement. With the 60-day comment period ending this week, the CFPB has received over 11,000 comments.
Read Full Story
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