The credit giant is adding advanced analytics to further assist lenders in managing their risk profiles while adding expanded credit models for small business loans and credit-card lines.
David Velez founded Nubank in 2013 with the idea of taking on big banks in Brazil and leveraging technology to change how financial products are served in the country radically.
In the west we take it for granted that the vast majority of people have internet access. But that is not true in the developing world. For digital payments to take off there we need to develop robust offline payments infrastructure.
There is still too much friction involved in switching bank accounts. But a new tool from Atomic called PayLink is addressing this friction by making it easy for users to move their recurring payments.
The rise of eCommerce has revolutionized global trade but also brought challenges that threaten to undermine the trust.
Supporting credit unions in their digital transition, Glia has implemented effective tools for customer service. This will now be enhanced.
Jason Gardner, founder, and CEO of Marqeta, took to the main stage to announce the launch of banking as a service.
While there will likely be a change in how organizations use sanctions as a tool, their increased use looks to continue.
Many of these firms have aimed to go public in the vague "end of 2021/ early 2022/ when we have enough money" time frame while participating in increasingly rare-letter funding rounds.
Despite a challenging scenario for Latin American fintechs, neobanks and digital wallets in Brazil continue to sign up millions of clients.