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

·Feb. 20, 2024

Fintech Nexus Newsletter (February 20, 2024): This is a big deal: Capital One is acquiring Discover

Many people have called Capital One the original fintech. Founded in 1994 by Richard Fairbanks and Nigel Morris (of QED) Capital One broke new ground as a monoline credit card bank that married technology and data science before that was a thing in banking.

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Banking

·Feb. 20, 2024

EY, MoneyLion unite to deliver integrated digital finance

EY Nexus for Banking Powered by MoneyLion unites two category leaders to help banks scale with integrated digital financial solutions.

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Fintech Nexus Newsletter

·Feb. 16, 2024

Fintech Nexus Newsletter (February 16, 2024): Coinbase earnings reflect crypto bull market

We haven't talked about crypto for a while in this newsletter. Coinbase reported earnings yesterday so this provides a perfect opportunity to reflect on the state of crypto.

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LatAm

·Feb. 16, 2024

Brazil’s Pix to reach 40% of online shopping by 2026, study shows

One of the most popular payment methods in Brazil, Pix is now set to take over online commerce too, a study by fintech EBANX shows.

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·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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