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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.

AI
·Dec. 4, 2023

APIs: The silent fintech security concern

A quarterly report published by integrated app and security platform Wallarm gives granular attention to a little-discussed but critical security concern for fintechs - their APIs.
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Yardstreet to acquire Cadre - Fintech Nexus Newsletter
Fintech Nexus Newsletter
·Dec. 1, 2023

Fintech Nexus Newsletter (December 1, 2023): Fintech consolidation continues: Yieldstreet acquiring Cadre

While it is not yet a wave, fintech consolidation is starting to pick up. And yesterday we learned of another deal, this one in the investing space. While this deal was telegraphed a few months ago there was an official announcement yesterday. Leading investment fintech Yieldstreet is acquiring the real estate platform Cadre.
Read Full Story
LatAm
·Dec. 1, 2023

LatAm neobanks show promising signs, soaring profits in Q3

Latin America's neobanks showed growing profits and robust customer acquisition in the quarter, a sign of resilience amid economic troubles.
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Sponsored
·Nov. 30, 2023

The ripple effect of default payments on digital lenders

Discover the unique challenges digital lenders face with default payments as well as proactive steps to take to help mitigate the impact.
Read Full Story
Swift - Fintech Nexus Newsletter
Fintech Nexus Newsletter
·Nov. 30, 2023

Fintech Nexus Newsletter (November 30, 2023): Swift bringing instant payments across Europe

Swift announced today that the European Payment Council's awkwardly named One-Leg-Out Instant Credit Transfer scheme (OCT Inst) went live this week and it enables payments to and from Europe to be processed 24 hours a day, seven days a week.
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Payments
·Nov. 30, 2023

PayNearMe report outlines data-based decision-making benefits

Financial institutions struggle to meet consumer demand for more payment types, mainly because they lack the proper data science capabilities. This drives suboptimal strategies like layering multiple payment types.
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Embedded Finance
·Nov. 29, 2023

Embedded lending can solve BNPL’s in-store checkout problem

Checking out in a physical store often involves special hardware that can create a barrier for BNPL adoption. Embedded lending is the solution.
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Apple to end partnership with Goldman Sachs - Fintech Nexus Newsletter
Fintech Nexus Newsletter
·Nov. 29, 2023

Fintech Nexus Newsletter (November 29, 2023): Apple to end partnership with Goldman Sachs

The Wall Street Journal is reporting that Apple has indeed decided to move on from Goldman in roughly 12 to 15 months. This will mean both the Apple Card and the savings account (that was rolled out just a few months ago) will need a new banking partn
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LatAm
·Nov. 29, 2023

German N26 exits Brazil amid fierce digital banking competition

Two years after launching in Brazil, German neobank N26 has decided to leave the country as the fintech drops overseas efforts.
Read Full Story
Fintech Nexus Newsletter: TransUnion Report Shows Growing Personal Loan Market
Fintech Nexus Newsletter
·Nov. 28, 2023

Fintech Nexus Newsletter (November 28, 2023): TransUnion Report Shows Growing Personal Loan Market

Every quarter TransUnion releases its Credit Industry Insights Report. Their latest issue, released earlier this month, has some very interesting data.
Read Full Story
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