A liquidity crunch can be devastating for a digital lender. Here are some ways for lenders to prepare and combat these difficult times.
·
Generative AI has come to lending. This new technology opens up new avenues for success for forward thinking lenders.
In the new Apple iOS 17.4 update there is a little something for fintech enthusiasts: a new API called FinanceKit. This is another example of Apple edging its way into open banking after last November the company allowed UK users to connect outside accounts.
Embedded finance can help small businesses manage their money end-to-end, but not all companies are equipped to offer it properly.
The CFPB continues its attack on all kinds of junk fees charged by banks. This time they are targeting credit card late fees.
Latam neobanks have weathered the capital crisis and reported a strong year of profitability while still growing their customer base.
So far this year we have seen so many negative stories about banking as a service. You could be forgiven that BaaS is dying a slow and painful death.
CashBack+ is a suite of products letting shoppers earn cash back on their purchases. The white-label offering is from New York-based Prizeout, whose technology integrates with credit unions' online banking systems.
The top 10 most viewed articles from January on Fintech Nexus.
We are almost one year removed from the banking crisis precipitated by the struggles at Silicon Valley Bank.
Now, another bank is having its own struggles. New York Community Bank (NYCB) has announced a new CEO and discovered "material weaknesses" in some of its internal procedures.