Author: Fady Askharoun
Los canales digitales se han convertido en el principal objetivo de fraude para empresas minoristas y financieras en América Latina, según un reciente estudio solicitado for LexisNexis, revelando el costo no deseado del fenomenal y…
Salt Labs, which helps lower-income workers but does not subtract from their earnings, has recruited Ted Benna, the father of the 401(k), as an advisor. Often hourly employees and frontline workers have nothing extra to…
As customer sentiment turns towards digitalization and ease of use, embedded finance has grown to meet their needs. Experiencing an uptick in interest, fintechs and big techs have risen to the challenge. In an EY…
The distinction between startups rooted in the finance world and startups that weren’t used to be an obvious one. Startup founders would pick an industry and stay there to grow. If that industry didn’t happen…
The CFPB’s rule on Personal Financial Data rights, implementing section 1033 of the Consumer Financial Protection Act of 2010 (CFPA) is meant to supercharge the drive to open banking. Once finalized and passed, it is…
Industry leaders often refer to the a16z prediction that every company would become a fintech company when talking about embedded finance. However, as the space has developed and that prediction comes closer to being true,…
Payroll is complicated and complex. But like everything else in finance, it can be embedded into an existing software operation. One of the leaders in embedded payroll is Check, a fintech that has pioneered this…
Buy Now Pay Later (BNPL) products have gained popularity among consumers in recent years primarily because of the speed and convenience they offer. Nevertheless, they are not without their own set of challenges. For instance,…
Pinwheel’s partnership with payroll provider Workday company OneSource Virtual (OSV) ushers payroll into the same convenience levels as other areas of finance. It will also help banks achieve primacy with their customers. Partnerships lead Brian…
The new Mighty Oak Visa debit card from Acorns has a solid foundation for success says a representative from long-time partner Helix by Q2. GM Ahon Sarkar said he’s not surprised by Acorns’ prosperity since…
We’re starting to see troubling indicators that the credit crisis, which eased as people paid off their cards during the pandemic, is creeping back up. Delinquencies rose at the 30-, 60- and 90-day marks in…
Galileo’s chief product officer, David Feuer, said AI and improving infrastructure allow financial services innovators to create more responsive products, including in BNPL. And the innovation is just beginning. Feuer said payments evolved before the…
More than 10 million small businesses were created in the past two years – a record-setting number for new applications. And according to a recent survey, small businesses are not just growing in number, but increasingly optimistic about…
Brazilian favelas, renowned for their vibrant culture and the scenic backdrop against Rio de Janeiro’s rounded hills, are so much more than just tourist attractions—they’re home to nearly 13,000 communities across the country, rivaling the…
Embedded finance can help small businesses manage their money end-to-end, but not all companies are equipped to offer it properly. Green Dot’s head of enterprise business development, Simran Singh, said several factors must first be…
A new report from Viola Fintech shows why companies must go beyond embedded finance to contextual finance if they want their share of a pie estimated to reach $588 billion by 2032. It Depends on…
Findings from AI-powered tax-filing product april’s 2023 customer impact study suggest customers are receptive to a self-guided, mobile-first process. Among the benefits are substantial time savings, convenience, and maximized refunds. april partners with banks, fintechs…
Jifiti is quietly shaping the future of embedded finance by working strategically with banks to deliver personalized solutions. This will help them get their share of a pie expected to grow by 148% by 2028.…
Embedded consumer lending offers many benefits over BNPL. Working with a BaaS provider like Finastra allows banks to control their roadmap in an increasingly bust sector. Finastra’s lead client partner for embedded finance and BaaS,…
Look beyond the recent market shocks, and there are plenty of positive developments in blockchain-related industries, the leader of a global investment firm believes. Roderik van der Graaf founded Lemniscap, a global investment firm specializing…
Despite the consensus (notwithstanding the opinions of a few of congress) that the closure of three banks within a week was a failure of the banking system, not due to crypto, the news has been…
The collapse of Silicon Valley Bank (SVB) will improve financial system health if it moves society towards decentralized systems, one fintech CEO says. A move to DeFi pulls the system away from single points of…
Private permissioned blockchains are a key feature of Tassat’s B2B payments and financial services for banks. Best of all, chief information security officer Al Berg said they are compliant while easily operating within U.S. regulations.…
NEW YORK, N.Y. — As one of the trailblazers in applying blockchain and Web3 technologies to traditional finance, Caitlin Long, CEO and founder of Custodia Bank, has had her fair share of dealings with regulators. …
The following is an excerpt from today’s Global Newsletter. Subscribe to our Global Newsletter And now for something completely different… Monday good news! There is a definite Monty Python theme to today’s summary, and it fits…
The crypto industry has entered a rough patch. Hit by crises of some of the industry’s major players in 2022, trust has faltered, and DeFi is yet to return to its former glory. In addition,…
Fresh off the back of the Terra-Luna collapse last year, BCG published a report that said despite a slowdown in trading volumes and crypto market cap, tokenization of illiquid assets was predicted to reach $16…
Brazil’s leading neobank Nubank has just made a groundbreaking move by introducing USDC, opening up significant possibilities for the stablecoin in Latin America and providing a significant avenue for the digital bank to enhance profitability…
Crypto’s history of centralized custody is not a positive one. For most of the crypto-curious, high-profile failures of crypto custodians spring to mind. MtGox, FTX, and Prime Trust are just some that have left investors…
The crypto winter may have cast a chill on global interest in virtual assets, but in Latin America, the flame is burning brighter. Over 4 million individuals in Brazil are embracing the crypto space, enticing…
As the cryptocurrency and blockchain industries mature, they must prepare for a downside to their success – patent trolls. As technology charts clear routes and more money is at stake, Dykema patent attorney Michael Word…
While the future of payments is digital, Gnosis Pay co-founder and CEO Marcos Nunes said that leaves plenty of room for consumer choice. The critical element is flexible back-end infrastructure that makes it convenient for…
Latin American businesses increasingly embrace Banking-as-a-Service (BaaS) as a tool to scale financial services swiftly in today’s digitally-driven economy. As non-bank firms race to bolster their digital banking capabilities, the regional BaaS market is set…
For years, the way traditional banks operate has excluded billions of people around the world from accessing financial services. With the evolution of fintech, this scenario has shifted recently. By using the model of Banking…
Alkami’s Digital Sales and Service Maturity Model shows banks and credit unions how they digitally stack up against the competition. Based on research on 215 American financial institutions with at least $200 million in assets…
Nubank has revolutionized digital banking, attracting millions of clients online and expanding its financial services across Latin America through virtual platforms. Yet, in Mexico’s vast economy, valued at 1.3 trillion, it faces its biggest rival:…
