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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.

Banking
·Apr. 10, 2024

Three Technologies Banks Will Invest More in This Year

Banks are expected to increase their investment this year in compliance technology, cybersecurity, and personalization.
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monso fraud warning
Fintech Nexus Newsletter
·Oct. 31, 2023

Fintech Nexus Newsletter (October 31, 2023): When it comes to APP fraud (some) banks pay the price

In lieu of a solution that stops the crimes from happening in the first place, bank reimbursement is the only source of protection.
Read Full Story
LatAm
·Apr. 22, 2024

UK neobank Revolut gets Mexico banking license, eyes remittances

The British neobank, serving over 40 million customers globally, has acquired a banking license in Mexico.
Read Full Story
LatAm
·Jul. 7, 2023

Walmart looking to grow aggressively into fintech in Mexico with recent acquisition

Fintech Nexus discussed Walmart's fintech strategy in Mexico with Marcelino Herrera, Chief Financial Services Officer at the retailer.
Read Full Story
Fintech Nexus Newsletter
·May. 17, 2024

Fintech Nexus Newsletter (May 17, 2024): Supreme Court ruling upholds the constitutionality of the CFPB

Yesterday, in a 7-2 vote, the U.S. Supreme Court ruled that the funding structure of the Consumer Financial Protection Bureau is constitutional. This is a big deal for financial institutions. Even though the agency has been a thorn in the side of many fintechs and banks, if the Supreme Court found it unconstitutional, it would undo more than a decade of work and could mean chaos for the industry.
Read Full Story
Regulation
·Mar. 21, 2024

Wisconsin becomes third state to pass an Earned Wage Access law

Earned Wage Access has specific legislation in Nevada, Missouri and now Wisconsin after the governor signed a new law this week.
Read Full Story
Fintech Nexus Newsletter
·Nov. 21, 2023

Fintech Nexus Newsletter (November 21, 2023): SEC Goes After Kraken Crypto Exchange

Yesterday, the SEC announced that it is suing Kraken for operating as an unregistered securities exchange. This follows similar actions in June against the two largest crypto exchanges, Coinbase and Binance.
Read Full Story
Fintech Nexus Newsletter
·Oct. 5, 2023

Acorns Focuses on Families With Their New Premium Offering

Savings and investing fintech Acorns has been relatively quiet since it acquired the UK neobank for kids, GoHenry, six months ago. Now...
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Fintech Nexus Newsletter
·Feb. 12, 2024

Fintech Nexus Newsletter (February 12, 2024): Visa introduces virtual corporate cards for digital wallets

Today, Visa announced a new suite of payments capabilities called Visa Commercial Pay. This is a suite of B2B payments tools targeted at corporations.
Read Full Story
ai
Fintech
·Mar. 8, 2023

Is the U.S. ready for an AI revolution?

Everyone is talking about how AI is the next big thing, and there is no doubt it is making waves. But is the world ready?
Read Full Story
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