Neu’s path to success will produce financially literate college graduates and a strong bottom line. The journey began in late 2023 with the release of the Neu Card, whose attributes include no late fees and interest charges, a maximum $1,000 spending limit, no Social Security number required, and no credit history or cosigner required. It […]
For our last post of the year, I thought we would do something a little different. I reached out to the CEOs of every major consumer lending fintech to ask for commentary on 2024. Most responded to me and there were some really interesting points to consider for everyone as we enter the new year. […]
Fintech leaders in Latin America expect investment capital to be more abundant next year, as interest rates worldwide reach a tipping point in early 2024 and the region benefits from secular trends such as nearshoring and relatively lower geopolitical risk. “2024 should be a better year for companies in Latin America,” said Andrew Seiz, Head […]
Fintech Nexus Newsletter (January 2, 2024): HSBC’s Zing to take on Wise, Revolut in foreign exchange
Happy New Year everyone! While some of us are still getting over our New Year’s Eve hangover we have our first major product announcement of the year. HSBC has announced Zing, a new retail-focused service offering inexpensive foreign exchange. The large banks. particularly in Europe, have mainly looked on with envy as startups like Wise and Revolut […]
When designing an intelligent budget-tracking app, Piere founder and CEO Yuval Shmul Shuminer prioritized functionality, integrations, and meeting the evolving needs of emerging generations. Billed as the“intelligent budget tracker app that’s ready in just two taps,” Piere offers quick functionality and automatic reconciliations and updating. Shuminer said Piere is heavily influenced by her experience living […]
It’s hard to overstate the importance of small businesses to our economy. They account for nearly half the private sector jobs and almost as much of GDP. Keeping small businesses healthy is in the best interest of all of us, and yet many have a very difficult time accessing the capital they need to operate […]
Fraud is going to be top of mind for all financial institutions in 2024. Banks and fintechs alike are constant targets of fraud attacks. It was interesting to read this morning about the experience of Regions Bank when it comes to check fraud. A large regional bank based in the South, Regions was under fire from the […]
Much has been made about the advances in document automation that has led to efficiencies in many areas of fintech. But the fraudsters also have access to this same technology. It is automation and the scale it makes possible that sets serial fraud apart. It is defined as industrial (re)production and distribution of fraudulent documents […]
Matt Bodkin Matt is a seasoned editorial cartoonist with a Bachelor of Fine Arts from Long Island University. He brings a strong background in the newspaper industry and skills in arts and design to his work. He aims to distill complex issues into funny doodles that resonate with readers. View all posts .pp-multiple-authors-boxes-wrapper.box-post-id-45383.pp-multiple-authors-layout-boxed.multiple-authors-target-shortcode.box-instance-id-1 .box-header-title { […]
Latin American fintechs are gearing up for 2024 with increased momentum, rebounding from a year marked by rising delinquencies and a more cautious approach due to capital constraints. Leaders expect more integration in the financial market, especially as Open Finance moves forward in several of its major economies, and a more helpful macro environment stemming […]