Consumers have dozens of fintech options when it comes to bank accounts. In the small business space, there are fewer options but recently better choices are emerging. Some fintech companies have thought deeply about small business and have created bank accounts with options tailored just for the small business owner. NorthOne Co-founders Eytan Bensoussan (CEO) […]
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The central bank of Brazil eased regulation on the fintech sector in the country, a much welcome respite for many of the new entrants in the industry as the economy deteriorates and inflation, although on a downward trend, is way above target. The regulator postponed the implementation of a new prudential capital regulation by six […]
Several factors are contributing to rising rates of BNPL fraud, Sift’s trust and safety architect Brittany Allen said. Through its end-to-end Digital Trust and Safety Platform, Sift helps clients proactively stop fraud at crucial transaction points while fuelling growth. Sift also works with clients to help them use their services best. BNPL services are increasingly […]
Pinwheel released a consumer finance survey that showed 75% of respondents wished consumer finance relied on more than just credit scores. Out of 2,000 survey respondents, most wanted a more open financial system. More than half of customers agreed credit scoring lacked transparency and was not updated fast enough. 67% said that they wished credit […]
The following is a guest post by Rehan Haque, CEO of metatalent.ai. Work trends have rapidly changed across the world, post-pandemic. How and where people choose to work now or in the future will radically differ from how it used to be a few years ago. Labor markets across all sectors have undergone drastic shifts in […]
Chilean fintech Destácame announced the closing of a new Series B investment round for $10 million USD. The latest round was led by Banco Santander and counted with the participation of the VC funds Kayyak Ventures and FEN Ventures, being the bank’s first foray into the national fintech ecosystem. The company, which was founded in […]
The neobank space is very competitive. Every company has a solid app with extensive functionality, that is a given these days. But where there is differentiation is how these neobanks are engaging with the customers. Some are focused on optimizing for interchange fees, some are focused on credit products, some on deposit gathering while others […]
The remittance market is a lifeline to many. According to the International Fund for Agricultural Development (IFAD), over one billion people worldwide use remittances, with flows benefitting more than an estimated 800 million. The market is considered an integral part of reaching the UN’s sustainable development goals, and at least 80 countries rely on flows […]
Just in time for the holiday shopping season, payments app Curve closed on a $1-billion credit facility deal to fund loans across the UK, EU, and US. Credit Suisse will back the Curve Flex split-pay option the company offers on transactions within the app. After launching crypto rewards payments in September and vying for BlockFi’s […]