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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.

beacon network alert
Fintech
·Jun. 23, 2023

Plaid launches Beacon- fighting fraud in real-time

Fraud is rising, and with real-time payments taking an ever greater hold of the financial system, faster ways to combat are needed.
Read Full Story
earned wage access
Payments
·Jun. 23, 2023

First proposed bill to regulate Earned Wage Access

Earned Wage Access has, until now escaped the confines of sector-specific regulation. Nevada has stepped up to change that.
Read Full Story
LatAm
·Jun. 23, 2023

In two years, Pix became the most used means of payment in Brazil

Instant payment system Pix has overtaken credit and debit cards as the most used means of payment in Brazil.
Read Full Story
GreenSky app screen grab
News Roundup
·Jun. 23, 2023

Global newsletter: Goldman Sachs faces significant loss from GreenSky

CNBC reported today that Goldman Sachs is likely to take a "large writedown" as they seek to offload their ill-fated acquisition. 
Read Full Story
beacon network alert
News Roundup
·Jun. 23, 2023

Global newsletter: Plaid brings the network effect to fraud fighting

An announcement from Plaid, launching their collaborative fraud fighting network, Beacon, which is designed to "stop the chain reaction of fraud."
Read Full Story
LatAm
·Jun. 22, 2023

Qik, Dominican Republic’s first neobank, to ramp up fintech services in the Caribbean

Fintech Nexus sat down with Qik's CEO, the first neobank in the Dominican Republic. Traditional lender Grupo Popular to invest $70 million.
Read Full Story
Screen grab from FedNow interactive map of mock city for learning
News Roundup
·Jun. 21, 2023

Global newsletter: FedNow is coming; hold on tight for super-fast payments

While Twitter is awash with naysayers and confusion about whether the real-time payments network is actually a CBDC (it is not), there's a flurry of excitement from fintech leaders.
Read Full Story
FedNow app on smartphone screen
Fintech
·Jun. 21, 2023

FedNow brings innovation, fraud concerns, and conspiracy theories

FedNow's launch is imminent and there seems to be a whole lot of confusion about what it means - Here's all you need to know.
Read Full Story
employees
Fintech
·Jun. 21, 2023

Kashable and SecureSave partner to support strained employees

Rising rates and inflation have caused employee financial stress to skyrocket. The partnership could ease some of the strain.
Read Full Story
Business network concept. Human Resources. Group of businesspeople. Management strategy.
News
·Jun. 20, 2023

It’s a rate-shopping environment: Do you have the data to compete?

In today’s rate-shopping environment, it is important for Americans to be able to accurately compare credit products and make the best possible decisions for their financial future.
Read Full Story
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