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Tag: FedNow

Future of Payment Review: six-months on – Digital Payment Infrastructure

Joe Garner’s Future of Payment review published in 2023 on behalf of the UK Government reflected the complexity of the current instant payment UK...

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Banking-as-a-Service is not dead and other lessons from Fintech Meetup

What a few days we had in Las Vegas this week for Fintech Meetup. My voice (and liver) is still recovering. When we sold...

Banks Risk Losing Billions of Dollars in a Few Years

In a world where people learn to use their thoughts and brain chips to control technology, plastic cards and 2-day transactions still prevail. Such...

Fintech Nexus Newsletter (March 6, 2024): Apple releases a new API called FinanceKit

In the new Apple iOS 17.4 update there is a little something for fintech enthusiasts: a new API called FinanceKit. This is another example of Apple...

Fintech Nexus Newsletter (March 4, 2024): BaaS is not dead: Synctera raises $18.6 million

So far this year we have seen so many negative stories about banking as a service. You could be forgiven that BaaS is dying...

Top 10 Most Popular Articles in February

Welcome to our monthly top 10 series at Fintech Nexus. We publish dozens of articles every month and I always think it is interesting...

Fintech Nexus Newsletter (March 1, 2024): New York Community Bank struggles worsen

We are almost one year removed from the banking crisis precipitated by the struggles at Silicon Valley Bank. Now, another bank is having its own...

Orum launches direct access to the Fed with Deliver API

Today, payments fintech Orum has announced that it now has a direct connection to the Federal Reserve. It is currently live with FedACH and...

Züm Rails’ $10.5M Boost for North American Expansion

Funding | Feb 23, 2024 Image: FreepikZüm Rails Secures $10.5M Series A Funding to Expand Across North AmericaZüm Rails, a Canadian fintech startup, is...

Fintech Nexus Newsletter (February 2, 2024): Why are banks not jumping on real-time payments?

We have been following the recent developments in real-time payments with some interest. While adoption is increasing it is not going as fast as...

US falling behind peers on CBDC progress, warns think tank

The United States' slow progress on central bank...

Plaid is Everywhere in Fintech Today

The breakthrough technology that Plaid created over a decade ago was the ability to connect in real-time to almost every bank and credit union...

Fintech Nexus Newsletter (January 19, 2024): FedNow making progress but some big banks are hesitant

We had an update from the Federal Reserve on FedNow this week. There are now 400 banks participating in the instant payments network as either a...

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