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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.

Documents with title alternative dispute resolution ADR in an office.
Crypto
·Feb. 10, 2022

Bringing customer protection to crypto

Knowing how technologies work and the paths typical payments take has helped MyChargeBack develop an effective system to protect participants.
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cfpb
News Roundup
·Oct. 20, 2023

Fintech News Roundup for the Week Ending October 20, 2023

The top five stories in fintech this week as featured on the Fintech Nexus 5 are from CFPB, JPMorgan and Mastercard, The State of New York, The Federal Reserve and Plaid
Read Full Story
Paytile airdrop 4 cash
Fintech
·Feb. 16, 2022

PayTile ‘AirDrop cash’ partners with Cross River

PayTile, an 'airdrop for cash' geolocation-based payments system partnered with Cross River to enable users to send p2p privately.

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LatAm
·Dec. 11, 2023

Brazil’s QI Tech raises $200M in one of Latam’s largest fintech rounds in 2023

Brazilian QI tech tapped $200 million in a landmark Series-B investment deal, one of the largest rounds in Latin America this year.
Read Full Story
Banking
·Apr. 17, 2024

Nubank partners with Wise to bring global account to affluent Brazilians

Brazilian neobank Nubank partnered with Wise to launch a global account. The online lender is targeting the highly affluent in Latin America.
Read Full Story
News
·Aug. 14, 2019

YieldStreet and LendingPoint Lead Fintechs on the Inc. 5000 List

Every year Inc. Magazine releases a list of the 5,000 fastest growing companies in the country. They call it the...
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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. 
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Fintech Nexus Newsletter
·May. 20, 2024

Fintech Nexus Newsletter (May 20, 2024): SoLo Funds sued by CFPB for deceiving borrowers

On Friday, the CFPB announced it was suing mobile peer-to-peer lending platform SoLo Funds for multiple issues. SoLo Funds targets minority and other underserved borrowers with short-term loans of up to $575. This is a challenging population to serve and a difficult niche to profit from.
Read Full Story
Open Banking
·Apr. 3, 2024

The Tide is Turning for Pay by Bank in the US

The open banking industry in the US had a slow start to life, but is shaping up for an exciting 2024. With the first glimpses of regulator support and increasing demand from merchants, Pay by Bank is set to become a serious alternative to mainstream payment methods in the minds of US consumers.
Read Full Story
Fintech
·Feb. 1, 2023

Web3 insurance is all about the basics

While Web3 and the crypto world bring provide some unique situations, when insurance providers assess their risk, they go back to the basics. That is, if they touch it all.
Read Full Story
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