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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.

Swift - Fintech Nexus Newsletter
Fintech Nexus Newsletter
·Nov. 30, 2023

Fintech Nexus Newsletter (November 30, 2023): Swift bringing instant payments across Europe

Swift announced today that the European Payment Council's awkwardly named One-Leg-Out Instant Credit Transfer scheme (OCT Inst) went live this week and it enables payments to and from Europe to be processed 24 hours a day, seven days a week.
Read Full Story
Payments
·Nov. 30, 2023

PayNearMe report outlines data-based decision-making benefits

Financial institutions struggle to meet consumer demand for more payment types, mainly because they lack the proper data science capabilities. This drives suboptimal strategies like layering multiple payment types.
Read Full Story
Embedded Finance
·Nov. 29, 2023

Embedded lending can solve BNPL’s in-store checkout problem

Checking out in a physical store often involves special hardware that can create a barrier for BNPL adoption. Embedded lending is the solution.
Read Full Story
Apple to end partnership with Goldman Sachs - Fintech Nexus Newsletter
Fintech Nexus Newsletter
·Nov. 29, 2023

Fintech Nexus Newsletter (November 29, 2023): Apple to end partnership with Goldman Sachs

The Wall Street Journal is reporting that Apple has indeed decided to move on from Goldman in roughly 12 to 15 months. This will mean both the Apple Card and the savings account (that was rolled out just a few months ago) will need a new banking partn
Read Full Story
LatAm
·Nov. 29, 2023

German N26 exits Brazil amid fierce digital banking competition

Two years after launching in Brazil, German neobank N26 has decided to leave the country as the fintech drops overseas efforts.
Read Full Story
Fintech Nexus Newsletter: TransUnion Report Shows Growing Personal Loan Market
Fintech Nexus Newsletter
·Nov. 28, 2023

Fintech Nexus Newsletter (November 28, 2023): TransUnion Report Shows Growing Personal Loan Market

Every quarter TransUnion releases its Credit Industry Insights Report. Their latest issue, released earlier this month, has some very interesting data.
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Lending
·Nov. 28, 2023

Fintech, student loans highlighted in latest TransUnion credit report

The higher your credit rating, the more likely you are to feel good about the current state of credit. That is a key takeaway from TransUnion’s Q3 2023 Quarterly Credit Industry Insights Report.
Read Full Story
Fintech Nexus Newsletter: The Saga of the OCC and its First Chief Fintech Officer
Fintech Nexus Newsletter
·Nov. 27, 2023

Fintech Nexus Newsletter (November 27, 2023): The Saga of the OCC and its First Chief Fintech Officer

Bhardwaj had reportedly held senior technology positions at various large banks including Citi, Fifth Third and Huntington. The trouble is those banks had no records of Bhardwaj ever being an employee let alone a senior technology executive.
Read Full Story
Sponsored
·Nov. 27, 2023

Addition by simplification: TruStage’s process is making life insurance more widely available

TruStage’s Product Life Distribution team has enabled partner distribution of its life insurance offerings by providing integration options that range from simple smart links to a whole, embedded consumer experience.
Read Full Story
Sponsored Sponsored content is a type of promotional media paid for by an advertiser but created and shared by a publisher. Fintech Nexus contracts sponsored content articles to experienced journalists comfortable in the fintech space.
LatAm
·Nov. 27, 2023

How a Milei presidency could boost Argentine fintech

Fintech leaders praised Milei's win in presidential elections, anticipating a more favorable scenario for the technology sector.
Read Full Story
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