Welcome back to the AI edition of Fintech Nexus. This past week was a gut-check for anyone still underestimating how quickly AI is evolving and how high the stakes are getting. Mary Meeker dropped a 340-page report going all-in on AI. Tl;dr? It’s reshaping everything. Truly, everything — from software to the physical world around […]
“If small and mid-size banks decide not to invest in open banking, the largest banks will be able to both easily pick off new customers and steer existing customers toward preferred partners.” former CFPB official Dan Murphy told Fintech Nexus Fintechs take notice: the open banking rule saga at the CFPB is once again rearing […]
This week, thousands of founders, engineers, and venture capitalists—including leaders from Microsoft, Writer, Cohere, and more—zipped up their Arc’teryx and descended on Vancouver for Web Summit’s first run in the new city. Set against the mountainous backdrop of the waterfront convention centre, the debut marked not just a change of scenery, but a westward handoff […]
Welcome to the AI edition of Fintech Nexus (soon-to-be Future Nexus — stay tuned). At Web Summit Vancouver this week, the buzz is not just about what we can build with AI, but also what we should. It’s a timely conversation as we consider, What are we willing to lose? For the most part, we’ve […]
We spoke with finfluencers building their audiences as people seek advice in navigating today’s tough economy As the global economic picture has become murkier and the spectre of layoffs is setting in, consumers are looking to shore up their money. But, as a recent Discover survey showed, more than 40% of respondents are unsure how […]
Artificial intelligence-powered software is getting better at giving people a full picture of their financial health Storied Silicon Valley startup accelerator Y Combinator (DoorDash, Airbnb, Coinbase, Instacart) is always on the lookout for the startups with the biggest and brightest potential to disrupt legacy industries; On this summer’s wish list? Founders building AI for personal […]
Fintech Nexus caught up with Public.com about where their members are investing now–and the co’s latest tech Last week, we published a survey of fintechs flouting recession vibes — like going-out-of-business experts SimpleClosure, in addition to some robo-advisors, earned wage access (EWA) platforms, and cash-flow analytics solutions. Turns out some consumers are flouting recession vibes, […]
With Reg Z enforcement scuppered, regulators and consumers may not know the true extent of BNPL’s reach for the foreseeable future. In the shadow of a looming recession, that could be dangerous. Buy now, pay later (BNPL) giant Klarna announced this week that its net losses doubled in Q1 2025 compared to a year earlier, […]
$250 billion in now-delinquent debt is hanging over millions of consumers as the Trump administration’s policy changes may mean a massive economic hit. In March 2020, at the onset of the COVID-19 pandemic, the federal government suspended most federal student loan payments and brought many interest rates for these loans to 0%. With the resumption […]
Savvy operators have built contingent products and revenue streams to thrive despite the major economic and market turmoil Even the most cursory survey of fintech-focused news headlines paints a concerning picture. Deals are down, public markets (plus global trade) possess the same teeter-tottering volatility as a ride at Six Flags, and major IPOs-to-be have been […]