First-party fraud is rife, costing over $100 billion a year. Many say they're accidental, but data sharing could stop repeat offenders.
Marqeta, having already made their mark as a debit card issuing partner, has launched a credit card issuing platform.
Proposed regulations recently released by the Treasury Department help bring added clarity to participants in the digital asset economy. But the process is far from over. Investors, centralized crypto exchanges, payment processors, some hosted wallet providers, and some decentralized exchanges are the most affected. Miners, stakers and developers are not impacted.
The UK gig economy is underserved by lenders' traditional affordability assessment. A shift to probability of future income could be key.
The top five stories in fintech this week as featured on the Fintech Nexus 5 are from CFPB, JPMorgan and Mastercard, The State of New York, The Federal Reserve and Plaid
The Chief Risk Officer at Pipe provides new perspective on the collaboration between risk and product teams in fintech
In a long awaited move, the CFPB proposed a rule to improve consumer access to their financial data and drive the shift to open banking.
Financial innovation is happening all around the world and the Caribbean is no exception. With a population of 45 million people it is a rich market for fintech.
The ECB announced the results of their two year digital euro investigation. Many questions still stand. They have decided to move forward.
Federal Reserve's launch of FedNow places instant payments at the forefront, paving the way for the future transformations in the financial services industry