Open Finance turns three years in Brazil, and data shows it is growing at a steady pace, with over 40 million consents granted by users.
EY Nexus for Banking Powered by MoneyLion unites two category leaders to help banks scale with integrated digital financial solutions.
Revenues in fintech are projected to grow three times faster than the traditional banking sector. Here are three ways banks can prepare for their digital future.
Financial institutions have access to a vast amount of customer data, including account information, transaction history, and credit scores. However, much of that data is siloed by different payment platforms and networks and out of reach when fraud teams need it most. Banks can address this data drought problem by finding ways to modernize their tech stack, getting creative with existing rails, and leaning on providers to gain scale.
The Silicon Valley Bank collapse highlighted the importance of a little-discussed but key feature of healthy banks and fintechs - backup servicing.
Pinwheel’s new partnership with Jack Henry will help banks and credit unions win primacy with more clients.
LendingClub reported earnings for Q4 2023 and the company beat analysts expectations both on revenue and net income.
SoFi reported financial results for Q4 2023 showing 35% revenue growth and its first ever quarter of profitability
Nubank steps up its game in Latin America by offering remittances in Mexico and securing a new license in Colombia.