Author: Fady Askharoun
Digital banking leader Nubank is venturing into Latin America’s travel sector by introducing a new Global Account product together with Wise. Tailored to cater to the financial needs of the bank’s affluent customer base, known…
Revolut, the British-born unicorn, with a whopping 40 million clients globally across 50 countries and a prized banking license for the European Economic Area, has just clinched approval from Mexico’s banking regulator to officially become…
Online banks in Latin America have emerged as competition to traditional banks in the past few years. They were fueled by significant venture capital investments and substantial client acquisitions, and millions have signed up across…
Brazilian fintech QI Tech announced a $50 million Series B round extension led by General Atlantic, supplementing its earlier $200 million investment six months prior and catapulting the firm past the $1 billion valuation mark.…
LendingClub released its earnings for the first quarter of 2024 after the bell today, demonstrating a robust performance marked by significant achievements and strategic advancements. Here are some of the details from their earnings report…
Over the past few years, many issues have surfaced in the banking and fintech sectors due to the growing complexity of financial crimes. This has resulted in fines for non-compliance, and AML violations doubled in…
As cybersecurity attacks against financial institutions continue to escalate, banks and other financial organizations must take proactive measures to protect themselves and their data. Here are three strategies they can use to guard against potential…
Mobile payment rates, active digital bank users, and chatbot deployment are some of the numbers on the rise in a report from Alkami and Cornerstone Advisors. The Digital Banking Performance Metrics report compiles data from…
The collapse of Synapse is a significant blow to fintech. The horrible stories coming out about frozen money for mortgage downpayments, college funds, teenage savings and many more are heartbreaking. People trusted a fintech would…
The banking industry has been shifting its focus more and more to online banking and banking apps over recent years, moving away from face-to-face banking as the British high street continues to dwindle and physical…
