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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.

congress
Crypto
·May. 3, 2023

Coming out of crypto’s regulatory ‘dark age’

Concerned about innovation draining from the US many are calling for clear crypto legislation, but what would it take?
Read Full Story
Banking
·May. 3, 2023

Credicorp launches iO, a new neobank in Peru

After several months developing, leading financial group Credicorp launched its digital banking unit iO to cater to young Peruvians.
Read Full Story
station with train exiting
Fintech
·May. 2, 2023

The reusable identity train has left the station

Reusable identities will be vital tools that support identity verification, but how they will work exactly is yet to be determined.
Read Full Story
Payments
·May. 2, 2023

Pix reaches 3 billion monthly transactions in Brazil

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.
Read Full Story
picpay office
LatAm
·May. 1, 2023

Facing a changing market in Brazil, PicPay enters corporate benefits sector

PicPay stated that, before reaching the market, the solution went through tests for eight months with 10,000 company and partner employees.
Read Full Story
first republic
News
·May. 1, 2023

JPMorgan swoops in, snapping up First Republic’s remains

Regulators' seizure of the ailing First Republic comes as no surprise after a week of speculation. JP Morgan wins the bid to acquire.
Read Full Story
DeFi -Decentralized Finance on dark blue abstract polygonal background. Concept of blockchain, decentralized financial system
Lending
·May. 1, 2023

TransUnion, Spring Labs, Quadrata bring off-chain credit scores to DeFi

Reliable off-chain credit scoring on the blockchain provides better service and attracts participants to DeFi.
Read Full Story
cogni passport
Fintech
·May. 1, 2023

Cogni debuts KYC compliance tool for Web3

The offering streamlines Web3 business' ability to maintain KYC compliance in the US as they navigate the regulatory landscape.
Read Full Story
LatAm
·May. 1, 2023

Mercado Libre bucks tech layoff trend with 13,000 new jobs

Mercado Libre will hire 13,000 new jobs this year, bucking a lay-offs trend. Most of the new employees will be based in Mexico and Brazil.
Read Full Story
Fintech Weekly News
News Roundup
·Apr. 29, 2023

Top 10 Fintech News Stories for the Week Ending April 29, 2023

Making news this week were First Republic Bank, Shopify, Cross River Bank, Wise, Coinbase, Binance.US, Klarna, First Republic Bank, Nubank, Congress and more.
Read Full Story
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