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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.

Crypto
·Oct. 23, 2023

Proposed Treasury crypto regulations bring clarity, but questions remain

Proposed regulations recently released by the Treasury Department help bring added clarity to participants in the digital asset economy. But the process is far from over. Investors, centralized crypto exchanges, payment processors, some hosted wallet providers, and some decentralized exchanges are the most affected. Miners, stakers and developers are not impacted.
Read Full Story
gig economy
Lending
·Oct. 23, 2023

Gig Economy Loan Approvals Could Lie in Income Probability

The UK gig economy is underserved by lenders' traditional affordability assessment. A shift to probability of future income could be key.
Read Full Story
cfpb
News Roundup
·Oct. 20, 2023

Fintech News Roundup for the Week Ending October 20, 2023

The top five stories in fintech this week as featured on the Fintech Nexus 5 are from CFPB, JPMorgan and Mastercard, The State of New York, The Federal Reserve and Plaid
Read Full Story
Lending
·Oct. 20, 2023

How Risk Teams Can Help Drive Product Innovation

The Chief Risk Officer at Pipe provides new perspective on the collaboration between risk and product teams in fintech
Read Full Story
cfpb
Open Banking
·Oct. 19, 2023

CFPB Proposes Rule to Accelerate Open Banking

In a long awaited move, the CFPB proposed a rule to improve consumer access to their financial data and drive the shift to open banking.
Read Full Story
Banking
·Oct. 19, 2023

Banking (R)evolution: A New Wave of Digital Banking in the Caribbean

Financial innovation is happening all around the world and the Caribbean is no exception. With a population of 45 million people it is a rich market for fintech.
Read Full Story
The dematerialization of money, euros are dematerialized on a black background.
central bank / CBDC
·Oct. 19, 2023

The ECB Moves Forward on Digital Euro development

The ECB announced the results of their two year digital euro investigation. Many questions still stand. They have decided to move forward.
Read Full Story
fednow
Guest Post
·Oct. 18, 2023

Federal Reserve’s Launch of FedNow Service Places Instant Payments at the Forefront

Federal Reserve's launch of FedNow places instant payments at the forefront, paving the way for the future transformations in the financial services industry
Read Full Story
baas
Fintech
·Oct. 18, 2023

The Issue of BaaS Middleware

The popularity of BaaS has grown as businesses opt for a quick API to offer banking products, but it may have a problem.
Read Full Story
LatAm
·Oct. 17, 2023

Neobank Albo taps $40M in series-C round to expand SME products

Digital neobank Albo saw a $40 million investment from U.S. and Mexican venture capital firms to expand SME loans in Mexico.
Read Full Story
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