Back in June, Plaid CEO Zachary Perret asked simply, "What do you think financial services will be like in 2030?"
Fraud is going to be top of mind for all financial institutions in 2024. Banks and fintechs alike are constant targets of fraud attacks.
It was interesting to read this morning about the experience of Regions Bank when it comes to check fraud.
We had an update from the Federal Reserve on FedNow this week. There are now 400 banks participating in the instant payments network as either a sender or receiver.
They launched last July with 35 institutions and have been growing steadily since then. The last public statement that I have heard was when FedNow chief, Mark Gould, spoke at the American Fintech Council's Policy Summit in November when they had 200 banks on the platform.
Neu’s path to success will produce financially literate college graduates and a strong bottom line. The journey began in late 2023 with the release of the Neu Card, whose attributes include no late fees and interest charges, a maximum $1,000 spending limit, no Social Security number required, and no credit history or cosigner required.
Binance said it would pull out of the FTX deal in a tweet, citing corporate due diligence and media reports.
Nubank, the largest neobank in Latin America, will introduce USDC to its Brazilian clients, a significant advancement for the stablecoin.
Real-time payments systems have globally increased the threat of related fraud. Will FedNow follow the trend?
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Despite high interest rates and risks of a reccesion, many BNPL fintech providers now vie to offer loans to the underbanked in Mexico.
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An EO From the Trump administration mandates the government to modernize payments–but may not move the needle much In late...