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Fintech Nexus Newsletter

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

·Feb. 15, 2024

These Four Trends are Shaping How Fintech Should be Using Generative AI

Generative AI is powering fintech modernization with streamlined processes and automated workflows. Transformation teams find the greatest ROI is driven by 4 key adoption trends, especially when supported by an AI-specific risk management strategy.

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Fintech Nexus Newsletter

·Feb. 15, 2024

Fintech Nexus Newsletter (February 15, 2024): Temenos attacked in new Hindenburg report

European core banking provider Temenos is the latest victim of a Hindenburg Short Report. The detailed report cites interviews with 25 former employees that allegedly uncovered manipulated earnings and accounting regularities.

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·Feb. 15, 2024

Lendbuzz uses AI to disrupt assessments, earns $219M AAA securitization

Lendbuzz blends its founders’ early experiences with AI to disrupt traditional assessment methods and widen the pool of credit-worthy individuals.

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Fintech

·Feb. 14, 2024

Established Fintechs Likely to Target Measured Growth in 2024 as They See Benefits from Optimizing Finances in 2023

Fintechs looking to achieve or maintain stability in 2024 need to focus of three key areas: cost discipline, measured growth and regulatory compliance.

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Fintech Nexus Newsletter

·Feb. 14, 2024

Fintech Nexus Newsletter (February 14, 2024): FIS partners with pay-by-bank fintech Banked

Global fintech behemoth FIS has signed a new partnership with Banked to expand pay-by-bank options for consumers and small businesses. Banked has created an alternative payment rail based on account-to-account (A2A) connectivity and powers real-time payments through this technology.

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Lending

·Feb. 14, 2024

Upstart reports decent Q4 2023 earnings but provides weak guidance

Upstart reported Q4 2023 earnings yesterday with $140m in revenue for the quarter and a loss of $47.5m.

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Banking

·Feb. 13, 2024

Everything Everywhere All at Once: Traditional Banks Accelerate Digital Transformation

Revenues in fintech are projected to grow three times faster than the traditional banking sector. Here are three ways banks can prepare for their digital future.

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Fintech Nexus Newsletter

·Feb. 13, 2024

Fintech Nexus Newsletter (February 13, 2024): The 50 Hottest Startups in Fintech According to Forbes

Forbes is out with its ninth annual Fintech 50 this morning, a subjective list of the hottest startups in fintech. The list is created by Forbes editors, is only open to private companies and it involves analyzing data as well as interviews with company CEOs and industry insiders.

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Payments

·Feb. 13, 2024

Analyzing Payment Analytics: Quantum Leaps Beyond the Swipe

There is a treasure trove of data within a payments flow. By understanding payments analytics fintechs and banks can transform the user experience.

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Lending

·Feb. 12, 2024

Banks and merchants can successfully balance accessibility with responsible POS financing in 2024

Bank lending is often the least expensive form of financing but it is not often a consideration at the point of sale. Advances in embedded lending now makes this possible.

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