As the crypto industry waits for regulation in the U.S., CeFi has a trust dilemma. Increased transparency might be the way forward.
Belvo will provide access to employment data at the Mexican Social Welfare bureau. It could be a key driver for lending to the underbanked.
Driven by fintech revenue, Mercado Libre booked $201 million in net income in the period, up from $65 million in the year-ago quarter.
By creating trends and building future-ready solutions, fintech companies try to satisfy global regulatory requirements and meet customer demands.
Concerned about innovation draining from the US many are calling for clear crypto legislation, but what would it take?
After several months developing, leading financial group Credicorp launched its digital banking unit iO to cater to young Peruvians.
Reusable identities will be vital tools that support identity verification, but how they will work exactly is yet to be determined.
Pix achieved the milestone of 3 billion monthly transactions in March, up from a previous record of 2.8 billion by the end of last year.
PicPay stated that, before reaching the market, the solution went through tests for eight months with 10,000 company and partner employees.
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Regulators' seizure of the ailing First Republic comes as no surprise after a week of speculation. JP Morgan wins the bid to acquire.