The world's central banks are turning towards CBDCs and real-time payments. FIS has launched infrastructure to support them.
Over my decade-plus covering fintech, I see parallels between earned wage access (EWA) and equity crowdfunding, P2P lending and BNPL.
Banco Bradesco, a massive player in Brazil's loan market, announced plans to expand in Mexico, Latin America's second-largest economy.
On Nov. 9, Fintech Nexus partner TOKEN2049 will be in London after a similar and successful October event broke records in Singapore.
The increased use of AI in financial services is inevitable, but for it to fully flourish, many issues must be addressed, including legal, educational and technological ones. As they get resolved, several factors will still increase use in the interim.
Nontraditional data is relevant across Africa as credit bureaus don't have the historical depth their Western counterparts enjoy.
In two years, Spin has quickly carved out a place of itself as one of the most relevant fintech players in Mexico.
On March 30, banking investor Cross River announced another successful funding round of $620 million, co-led by Andressen Horowitz and Eldridge Capital.
While statistics vary year by year, there was a 79 percent increase in document fraud in 2022. Such a number doesn't come as a surprise to Inscribe fraud analyst Daragh McMeel. A rise in fraud rates often occurs when the economy travels an uncertain and difficult path.
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Venture capital funding to LatAm startups droped 70% to $1.3 billion in the quarter, down from $4.1 billion in the year-ago period.