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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.

Fintech Nexus Newsletter
·May. 24, 2024

Fintech Nexus Newsletter (May 24, 2024): A SEC approves spot ETH ETFs

It has been the talk of the crypto world all week. SEC watchers noticed early this week that the regulator appeared to be getting ready to approve an ETF for funds holding Ethereum.
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digital transformation
·May. 24, 2024

Amdocs study shows increased personalization benefits

Amdocs’ Personalization and Multigenerational Banking Survey shows the more customers know about personalized banking, the more they want it.
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Banking
·May. 23, 2024

Study reveals half of Brits are now more wary of online banking, with online fraud a key concern

Consumer sentiment is changing towards online banking in the UK. We explore the potential reasons why official figures have shown a downward trend in customers willing to recommend their online bank and banking app over the last 4 years, and how the rise in online fraud is a key contributing factor.
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Fintech Nexus Newsletter
·May. 23, 2024

Fintech Nexus Newsletter (May 23, 2024): A Fintech Mess: Synapse, Evolve and locked customer funds

The slow-moving dumpster fire that is the Synapse-Evolve meltdown has turned into a nightmare for many fintech customers. Synapse acted as a middleman between banks and fintechs, but there have been several disagreements between Synapse and these banks and fintechs. Consumers who assumed their money was safe are caught in the middle.
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venture capital
·May. 23, 2024

Fintech’s future predicted in Team8 report

A Team8 report charts the industry’s path by predicting what remains and changes while taking a few big swings at potential mega-trends.
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LatAm
·May. 22, 2024

Aplazo bags $45B from QED investors to expand BNPL in Mexico

Mexican fintech Aplazo concluded its Series B funding round, securing $70 million, with an additional $45 million in new equity financing.
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Fintech Nexus Newsletter
·May. 22, 2024

Fintech Nexus Newsletter (May 22, 2024): CFPB proposes new rules for BNPL

It has been a busy last few days for the CFPB and their fintech work. For the third consecutive day this week our lead story concerns actions taken by the CFPB. This time it is around BNPL. The CFPB is proposing new rules that would essentially lump BNPL in with credit cards when it comes to consumer protections.
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Banking
·May. 22, 2024

Rising digital spending among findings of Alkami, Cornerstone Advisors report

Mobile payment rates, active digital bank users, and chatbot deployment are numbers on the rise in a report from Alkami and Cornerstone Advisors.
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Payments
·May. 21, 2024

Offline Digital Payments to Deal With Financial Exclusion of the Non-Digital World

In the west we take it for granted that the vast majority of people have internet access. But that is not true in the developing world. For digital payments to take off there we need to develop robust offline payments infrastructure.
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Fintech Nexus Newsletter
·May. 21, 2024

Fintech Nexus Newsletter (May 21, 2024): CFPB Director calls out credit reporting and credit scores for price gouging

Speaking at an event yesterday, CPFB Director Rohit Chopra said his agency is looking at "price gouging" in credit reporting. With credit reports required for selling mortgages to Fannie and Freddie, mortgage lenders have no choice but to pay for them. Some lenders have shared that the costs for credit reports have increased by up to 400% since 2022.
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  • FNThursHoneycomb CEO on the 30-second fix that took hours Mar. 26, 2026
  • Santiago SuarezInside Addi’s mission to build a fairer financial system in Colombia Feb. 19, 2026

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