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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.

LatAm
·Jan. 8, 2024

Fintechs transform banking landscape in Argentina, reaching full population coverage

As fintechs gained traction in Argentina, financial access to accounts has become nearly universal, according to a central bank report.
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Silicon Valley Bank - Fintech Nexus News
Banking
·Jan. 5, 2024

2024 Update on Silicon Valley Bank: Fintech Focus Persists While Competition Heats Up

Silicon Valley Bank is still open for business for fintech companies. In many ways, even though it is now part of First Citizens Bank, it is very similar to what it was before, at least from a fintech perspective.
Read Full Story
Fintech Nexus Newsletter
Fintech Nexus Newsletter
·Jan. 5, 2024

Fintech Nexus Newsletter (January 5, 2024): Trade associations have suggestions for the CFPB open banking rule

When the CFPB released their long-awaited proposal on open banking rules in October there was cautious optimism from both banking and fintech groups. Fast forward two and a half months, when everyone has had a chance to fully digest the 299-page proposed rulemaking, there are many suggestions for improvement. With the 60-day comment period ending this week, the CFPB has received over 11,000 comments.
Read Full Story
Startups
·Jan. 4, 2024

Neu helps students build credit and avoid the debt trap

Neu’s path to success will produce financially literate college graduates and a strong bottom line. The journey began in late 2023 with the release of the Neu Card, whose attributes include no late fees and interest charges, a maximum $1,000 spending limit, no Social Security number required, and no credit history or cosigner required.
Read Full Story
Fintech Nexus Newsletter
·Jan. 4, 2024

Fintech Nexus Newsletter (January 4, 2024): Spot Bitcoin ETF: Will it or won’t it be approved?

Fraud is going to be top of mind for all financial institutions in 2024. Banks and fintechs alike are constant targets of fraud attacks. It was interesting to read this morning about the experience of Regions Bank when it comes to check fraud.
Read Full Story
News
·Jan. 4, 2024

Generative AI can be a goldmine for lenders in 2024

Generative AI is coming to lending and it is going to happen this year. Lenders who are early movers will have an advantage here. This new white paper from Prodigal shows how.
Read Full Story
LatAm
·Jan. 3, 2024

LatAm fintechs expect more benign conditions in 2024

Latam fintechs expected to grow into lending in 2024, as a more benign economic environment favors greater risk-taking.
Read Full Story
Fintech Nexus Newsletter
·Jan. 3, 2024

Fintech Nexus Newsletter (January 3, 2024): Regions Bank experienced a surge in fraud costs in 2023

Fraud is going to be top of mind for all financial institutions in 2024. Banks and fintechs alike are constant targets of fraud attacks. It was interesting to read this morning about the experience of Regions Bank when it comes to check fraud.
Read Full Story
News
·Jan. 3, 2024

Whitepaper Discusses the Threat Posed by Serial Fraud

Serial fraud is becoming a major problem for financial institutions today as criminals use automation and scale like never before. This white paper provides actionable steps to combat serial fraud.
Read Full Story
Guest Post
·Jan. 2, 2024

Will Embedded Finance Make Software Companies the New Community Banks?

With community banks pulling back on lending to small businesses vertical software platforms are filling the void. They provide software, of course, but are increasingly also providing access to capital.
Read Full Story
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