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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.

Lending
·Nov. 28, 2023

Fintech, student loans highlighted in latest TransUnion credit report

The higher your credit rating, the more likely you are to feel good about the current state of credit. That is a key takeaway from TransUnion’s Q3 2023 Quarterly Credit Industry Insights Report.
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Fintech Nexus Newsletter: The Saga of the OCC and its First Chief Fintech Officer
Fintech Nexus Newsletter
·Nov. 27, 2023

Fintech Nexus Newsletter (November 27, 2023): The Saga of the OCC and its First Chief Fintech Officer

Bhardwaj had reportedly held senior technology positions at various large banks including Citi, Fifth Third and Huntington. The trouble is those banks had no records of Bhardwaj ever being an employee let alone a senior technology executive.
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Sponsored
·Nov. 27, 2023

Addition by simplification: TruStage’s process is making life insurance more widely available

TruStage’s Product Life Distribution team has enabled partner distribution of its life insurance offerings by providing integration options that range from simple smart links to a whole, embedded consumer experience.
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Sponsored Sponsored content is a type of promotional media paid for by an advertiser but created and shared by a publisher. Fintech Nexus contracts sponsored content articles to experienced journalists comfortable in the fintech space.
LatAm
·Nov. 27, 2023

How a Milei presidency could boost Argentine fintech

Fintech leaders praised Milei's win in presidential elections, anticipating a more favorable scenario for the technology sector.
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Fintech Nexus Newsletter: The Saga of the OCC and its First Chief Fintech Officer
Fintech Nexus Newsletter
·Nov. 22, 2023

Fintech Nexus Newsletter (November 22, 2023): CZ Out as Binance Chief, Pleads Guilty

The OpenAI story was eclipsed yesterday by monumental news in the world of crypto. The world's largest crypto exchange, Binance, has agreed to pay $4.3 billion in fines to the U.S. government for violating anti-money-laundering requirements. 
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Banking
·Nov. 22, 2023

Relationship-based services as a customer attraction and retention tool

Banks use relationship-based services to attract and retain customers in these times of higher interest rates. SunTec Business Solutions President Amit Dua said if these services are correctly deployed, they benefit both the bank and the customer.
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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.
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AI
·Nov. 21, 2023

Looking beyond the AI hype: Delivering real value for financial institutions

If a financial institution looks beyond the hype of AI and tempers its expectations, it can use AI to deliver measurable business results. That’s been the experience of Amount’s director of decision science Garrett Laird.
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digital lending
·Nov. 20, 2023

Building customer loyalty in a high-interest environment

Rising interest rates drive retailers to seek new options that will encourage safe consumer spending. That is good news for companies like Accrue Savings, which offers an FDIC-insured wallet that helps customers build a balance with their favorite retailers.
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LatAm
·Nov. 17, 2023

In Mexico, fintechs eagerly await the delayed Open Finance regulation

The fintech industry urges the government to expedite the procedure, contending that the current legal framework is impeding growth.
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