Despite a more challenging scenario for Latin American fintechs, Brazil’s digital banks and virtual wallets continue to plow ahead with customer acquisition strategies, signing up millions of clients even as many are forced to cut costs and trim workforces. The largest digital bank Nubank reported 75 million customers in Brazil in the first quarter, up […]
The following is an excerpt from today’s Global Newsletter. Two of our favorite Forbes fintech pundits weighed in on the potential of the Apple Vision Pro headset to transform digital banking in the not-to-distant future. First, there was grumpy Gus Ron Shevlin, who suggested Apple’s move was more about protecting their territory from Meta than changing the […]
This recording is from Fintech Nexus USA held at the Javits Center in New York City on May 10-11, 2023. Session: “Synthetic Identity Fraud: How to Protect Your Revenue Before Damage is Done” from the Fraud Fight Club Track, sponsored by Mastercard. Featuring: Graeme Bullock, Identity Solutions, Mastercard Sarah Hague, Identity Solutions, Mastercard Billy Haile-Mariam, […]
This recording is from Fintech Nexus USA held at the Javits Center in New York City on May 10-11, 2023. Session: “Money Mules – How to Actually Get Fraud & AML to Collaborate” from the Fraud Fight Club Track, sponsored by Mastercard. Featuring: Jeff Dant, Ally Rob Rendell, NICE Actimize Sushil Raja, JPM Chase Donna […]
The following is a guest post by Matt Roe, Chief Revenue Officer at Open Lending. Due to a precarious automotive lending environment — driven by inconsistent supply, rising interest rates, and continued economic instability — lenders are under more pressure to grow returns on assets (ROA) and curb risk. Open Lending’s latest research, “Loans Within […]
The following is an excerpt from today’s Global Newsletter. The high-stakes poker game of crypto regulation just leveled up. Asset management behemoth BlackRock doubled down on crypto Thursday by filing an application with the U.S. Securities and Exchange Commission to launch the iShares Bitcoin Trust. Oh, and they listed Coinbase as the bitcoin custodian in the […]
Nigel Morris of QED Rishi Varma of BCG When I first heard that QED Investors and BCG were putting together a report on the future of fintech I knew it was going to be good. I was not wrong. Never before have we seen an in-depth and rigorous analysis of where the industry is today […]
At Fintech Nexus USA last month, the Credit & Underwriting track was always very popular. With an uncertain economy and many lenders tightening their credit boxes, there was a lot to talk about. The track was led off by Al Crawford, the CEO, and Co-Founder of BHG Financial, the sponsor of the track. He went […]
The following is an excerpt from today’s Global Newsletter. Another day, another major fintech partnership involving BNPL. This time it was Citizens Financial Group announcing it is working with Wisetack to offer a B2B2C service. Subscribe to the Global newsletter As a super-regional bank, Citizens has been at the forefront of fintech for some time, as deals with Apple, Best Buy, […]
Last month, QED Investors caused ripples in fintech when it raised short of $1 billion to deploy in the sector, the latest illustration of underlying trends in the industry that remain in place despite the more challenging environment. The global fintech venture capital firm set up two new funds. An oversubscribed $650 million fund will focus […]