We have been following the recent developments in real-time payments with some interest. While adoption is increasing it is not going as fast as many industry observers had hoped.
The Silicon Valley Bank collapse highlighted the importance of a little-discussed but key feature of healthy banks and fintechs - backup servicing.
The top 10 most viewed articles from January on Fintech Nexus.
There is a new report out today that looks at the impact of generative AI on the workforce and what industries will be most impacted.
We have heard before that white-collar jobs, those people with college degrees will be most impacted. This report tries to quantify some of this impact.
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Galileo’s CPO, David Feuer, said AI and improving infrastructure allow financial services innovators to create more responsive products, including in BNPL.
Advances in embedded lending provide better options for consumers and higher sales with more certainty for merchants. It's a win-win.
Yesterday, Apple shared details on Apple Card usage for the first time.
The card was introduced in 2019 and since then it has acquired 12 million users, not a bad effort in less than five years. Users earn Daily Cash rewards when they use the card and Apple reported that the total for 2023 was over $1 billion.
Pinwheel’s new partnership with Jack Henry will help banks and credit unions win primacy with more clients.
LendingClub reported earnings for Q4 2023 and the company beat analysts expectations both on revenue and net income.
The largest small business lender that you may not even know exists is Amazon Lending. The tech behemoth loans out billions of dollars every year to small businesses on its marketplace.
Today, we learned about a new fintech partnership Amazon is entering into with SellersFi (formerly Sellers Funding). SellersFi is a seven-year-old small business lending fintech focused on e-commerce platforms. They provide e-commerce merchants with working capital, payments solutions and more.