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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. 24, 2024

Nubank ramps up LatAm strategy with remittances in Mexico, license in Colombia

Nubank steps up its game in Latin America by offering remittances in Mexico and securing a new license in Colombia.
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Bilt - Fintech Nexus News
Fintech Nexus Newsletter
·Jan. 24, 2024

Fintech Nexus Newsletter (January 24, 2024): Bilt Rewards closes a $200m equity raise at a $3.1b valuation

A $200m equity raise at a valuation double the previous round? No you did not wake up in 2021 this morning, it is (checks watch) definitely January 2024. I was just chatting with someone earlier this week about equity raises and I commented that there seems to be much more activity this month than in January 2023. While we are most definitely not back in 2021, VCs seem to be opening up their checkbooks a little more.
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Guest Post
·Jan. 24, 2024

The Future of On Demand Pay and Earned Wage Access

The co-founder of DailyPay shares his views on earned wage access, why it is so important, why it is obviously not a loan, and what is next.
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Open Banking
·Jan. 23, 2024

Plaid is Everywhere in Fintech Today

Plaid is becoming the glue that connects so much in financial services. Here is a rundown of just some of their recent developments.
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Fintech Nexus Newsletter
·Jan. 23, 2024

Fintech Nexus Newsletter (January 23, 2024): Grayscale sees massive outflows of its Bitcoin ETF

It has been almost two weeks since the SEC approved Bitcoin ETFs and we now have some data on the 10 ETFs that have been trading since then. The two biggest and oldest names in finance are leading the way: BlackRock and Fidelity. Each fund has attracted more than $1 billion in inflows.
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Fraud/Identity
·Jan. 22, 2024

Innovating Customer Experience in the Face of Digital Fraud

In an era where digital fraud is on the rise, trust becomes the cornerstone of customer relationships. Learn how to enhance customer experience without sacrificing security in this new white paper.
Read Full Story
Fintech Nexus Newsletter
·Jan. 22, 2024

Fintech Nexus Newsletter (January 22, 2024): LoanDepot’s cyberattack is still ongoing

This year has not started well for loanDepot. We first heard the news two weeks ago that the mortgage lender had suffered a cyber attack that shut down critical systems.
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Fraud/Identity
·Jan. 22, 2024

Protect the house from fraud, not just the front door

While many security companies can make a strong lock for your front door, DataVisor co-founder and CEO Yinglian Xie said focusing on every area of the house is a much more effective strategy.
Read Full Story
Visa and Checkout.com Webinar
Payments
·Jan. 19, 2024

Real-Time Pay-to-Card: Insights from the Visa Direct-Checkout.com webinar

The webinar with Visa Direct and Checkout.com discussed the rise of real time payments and how pay-to-card solves the pain points for many different verticals.
Read Full Story
Federal Reserve - Fintech Nexus Newsletter
Fintech Nexus Newsletter
·Jan. 19, 2024

Fintech Nexus Newsletter (January 19, 2024): FedNow making progress but some big banks are hesitant

We had an update from the Federal Reserve on FedNow this week. There are now 400 banks participating in the instant payments network as either a sender or receiver. They launched last July with 35 institutions and have been growing steadily since then. The last public statement that I have heard was when FedNow chief, Mark Gould, spoke at the American Fintech Council's Policy Summit in November when they had 200 banks on the platform.
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