One million people in Mexico opened a Nubank savings account by June, just about a month after the digital bank rolled out its second product in the Mexican market. The threshold points to a growing demand for digital services in the country, drawing interest from local and international players alike. For Nubank, initially co-founded in […]
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 { […]
The final countdown is on for the launch of FedNow, and while there continues to be confusion about what the system means for the financial system, in the fintech sphere, most are optimistic. Instant payment networks have been on the rise globally for some time. Within the US, The Clearing House launched its real-time payment […]
Sardine has taken on fraud in a big way this week, with two major announcements within 48 hours. Fraud is becoming an ever-present danger for an increasingly digital financial system. Global payment fraud losses have tripled since 2011 and are projected to reach $40.62 billion in 2027. Over 50% of Americans have been found to […]
It seems everyone is jumping on the real-time fraud protection bandwagon. Less than a week ago, we highlighted news that Plaid was taking a network approach to fraud. This week, fraud prevention and compliance provider, Sardine announced its own solution. Subscribe to the Global newsletter SardineX is a consortium of financial institutions and fintechs that are joining […]
The economy has been through the wringer for the past few years. Skyrocketing inflation in the wake of the COVID-19 pandemic brought with it a series of rapid rate rises that still may not have reached an end. Financial fear has set in, and many vulnerable consumers are becoming even more vulnerable by the day. […]
The following is an excerpt from today’s Global Newsletter. We’ve all heard about the rising rates and their wake of destruction on the industry, but it seems that Wise missed the memo. The company announced they had tripled profits before tax in the year ending March 31 2023. Their customer base had grown by 34% […]
Hey guys welcome to the Fintech Coffee Break I’m your host, Isabelle Castro. Back in May, I sat down and shared my coffee with Ben Borodach, co-founder and CEO of April. April focuses on the challenging task that faces all US adults every year- tax returns. Turning away from previous approaches that only digitize tax […]
While the US still wallows in the depths of confusion regarding the regulation of crypto, Europe steps forward with MiCA implementation. Passed in April and set to come into full effect by the end of 2024, the rules aim to bring some clarity to the crypto space. While, for now, the rules currently focus primarily […]
I started in fintech back in 2010 when I began writing about my experiences as an investor in peer-to-peer lending platforms. Little did I know covering financial innovation would become a career. First and foremost, I wanted to create a digital media company, so Renton Media was born. It was really by accident that I […]