Chilean Datamart raised $6.3 million last week to grow further in Latin America. The company is looking to expand into Mexico this year, the region’s second-largest market, where it eyes substantial opportunities to market its data compliance services. Mauricio Thibaut, CEO & Founder at Datamart. Moonvalley Capital led the seed round. It also saw participation […]
Once seen only in science fiction, the idea of widespread Artificial Intelligence (AI) application is becoming ever more of a reality. Increasingly, AI and machine learning are being applied to financial tools, with many suggesting that the technology could be key to making a more inclusive, accessible system. Media outlets and experts herald its capabilities […]
A report by Nucleus Commercial finance revealed some promising results for International Women’s Day. The report found that almost half of UK employees work for a company with a female CEO or Managing Director. Nearly 63% of female respondents feel their company supports female leaders and encourages female staff to pursue leadership roles. These results […]
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The following is a guest post by Andy Newman, VP of Business Development Wildfire Systems. Amazon’s October 2022 announcement declaring it would accept Venmo as a form of payment was a significant milestone for the fintech industry. This move marked the first time a major retailer has embraced a payment-to-payment (P2P) application as a form […]
Credit card fraud rates are rising, and while bad behavior will never go away, research from Security.org shows that some progress is being made. More of us are being hit more often. The number of victimized Americans is 65%, up from 58% YOY. That’s more than 150 million people. Close to half (44%) reported two […]
After years of waiting, the central bank of Brazil has finally authorized Meta‘s WhatsApp merchant payment system, the latest illustration of how the Brazilian payment market is fast evolving. Last week, the regulator cleared the way for the tech giant. Users can now pay for goods and services at stores through its messaging application. WhatsApp […]
The frequency of fraud and chargebacks rises during a recession. Chargeback Gurus‘ COO Rodrigo Figueroa said that addressing it properly requires the correct data and methods. In partnership with Checkout.com, Chargebacks Gurus researched how fraud rates are affected by a recession. The results are significant: Fraud to transaction ratios increase by 50%; Average fraud losses […]
Hi guys. Welcome to the Fintech Coffee Break. I’m your host Isabelle Castro. Today, my coffee break with Matt Oppenheimer, CEO and co-founder of Remitly. Matt Oppenheimer, CEO and co-founder of Remitly Remitly has been a leader in the disruption of the remittance market, an area integral to reaching the UN Sustainable Development Goals, with […]
Comun recently announced the closing of a $4.5-million seed round. The company is a neobank focused on offering financial inclusion banking solutions. According to the company, the resources from this investment will be used to expand the reach of financial services for Latino immigrant families in the United States. The round was led by Silicon […]