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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.

Fintech
·Jun. 19, 2023

Digital banks plow ahead in Brazil despite funding challenges

Despite a challenging scenario for Latin American fintechs, neobanks and digital wallets in Brazil continue to sign up millions of clients.
Read Full Story
News Roundup
·Jun. 16, 2023

Global newsletter: BlackRock calls out Gensler in crypto staredown

Asset management behemoth BlackRock doubled down on crypto Thursday by filing an application with the U.S. Securities and Exchange Commission to launch the iShares Bitcoin Trust.
Read Full Story
Open Lending Featured Image
Opinion
·Jun. 16, 2023

Capturing unfulfilled automotive loan potential

Open Lending's latest research, "Loans Within Reach: Lending Enablement Benchmark 2023," surveyed 95 automotive lending leaders at U.S. financial institutions to understand their current challenges and how technology is helping them adapt.
Read Full Story
Charter One bank building facade
News Roundup
·Jun. 15, 2023

Global newsletter: Citizens partners with Wisetack to extend BNPL power

Citizens Financial Group announced it is working with Wisetack to offer a B2B2C service.
Read Full Story
Fintech
·Jun. 15, 2023

Credit and Underwriting – Best Practices for Uncertain Times

At Fintech Nexus USA the Credit & Underwriting track is always one of the most popular. Here is a description of the track and links to the audio of all the sessions.
Read Full Story
Rohit Chopra at a desk speaking into a mic
News Roundup
·Jun. 14, 2023

Global newsletter: Chopra scolds P2P services for weak fraud fight

CFPB director Rohit Chopra was back in front of the senate banking committee Tuesday, where he brought his focus on fraud in the P2P payments space.
Read Full Story
LatAm
·Jun. 14, 2023

QED Investors’ $1B capital boost offers hope for LatAm fintech

QED raised $1B in funding to back fintech startups. Partner Mike Packer talked to Fintech Nexus to discuss its impact on Latin America.
Read Full Story
Phil Goldfeder, CEO of American Fintech Council, right, interviews Rohit Chopra, Director, Consumer Financial Protection Bureau, on the keynote stage at Fintech Nexus USA 2023 at the Javits Center in New York City. | John K. White, Fintech Nexus
News Roundup
·Jun. 13, 2023

Global newsletter: Open banking rules are coming…next year (probably)

In a blog post published yesterday, CFPB director Rohit Chopra suggests we now have a (somewhat) definitive timeline for implementation.
Read Full Story
financial advice
Banking
·Jun. 13, 2023

More young bank customers want in-person financial advice

Twenty-one percent of customers under age 40 surveyed expect the number of bank branch visits to increase compared to 12% of those over 40.
Read Full Story
FIS logo
News Roundup
·Jun. 12, 2023

Global newsletter: FIS scoops up Bond

As Jason Mikula predicted on June 1, FIS has acquired embedded finance startup Bond in a deal where terms were not touted in a splashy press release.
Read Full Story
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