Rank launches community finance products for young Africans
The Nigeria-based platform says Money Circles, Tribe and Perks will use group savings, payroll deductions and digital verification...
By Rafael Ortiz 1 month agoFintech Correspondent
Rafael Ortiz
Rafael covers payments, banking infrastructure, and the software eating financial services. Former product lead at a payments processor.
Latest from Rafael Ortiz
Bank of Maldives picks Finastra Essence for core banking upgrade
Finastra said its Essence platform will support Bank of Maldives across conventional and Islamic banking as the lender updates cor...
By Rafael Ortiz 1 month agoAmazon Business adds Affirm installment payments for sole proprietors
Amazon Business will offer Affirm pay-over-time options from three to 48 months, starting with eligible sole proprietors before a...
By Rafael Ortiz 1 month ago
Banks turn fintech partnerships into deposits and fee revenue
Fifth Third, The Bancorp and Pathward reported deposit and fee gains tied to embedded finance and fintech partner channels.
By Rafael Ortiz 1 month ago
Seoul defends Coupang privacy fine as US lawmakers question fairness
South Korea says a 625 billion won penalty on Coupang followed a data leak, while US officials warn against disproportionate burde...
By Rafael Ortiz 1 month ago
US consumer credit applications climb to highest level since 2021
New York Fed survey data show credit demand rose in June while rejection expectations eased across major borrowing categories.
By Rafael Ortiz 1 month ago
Reformation targets up to $239 million in US initial public offering
The sustainability-focused apparel company plans to sell about 14 million shares, valuing it at as much as $1 billion, according t...
By Rafael Ortiz 1 month ago
Banks face rising risk from synthetic insider hiring schemes
AI-enabled fake worker identities are challenging bank controls by turning approved employee access into a channel for data theft...
By Rafael Ortiz 1 month ago
Justice Department seizes World Cup streaming domains
US authorities said more than 1,000 domains carried unauthorized live World Cup streams, citing copyright violations and consumer...
By Rafael Ortiz 1 month ago
Visa launches stablecoin platform for institutional clients
Visa’s beta platform supports minting, redemption and transfers of Open USD as corporate use of digital assets remains limited, PY...
By Rafael Ortiz 1 month ago
Natural secures $30mn to build payment rails for AI agents
Forerunner led the Series A for the one-year-old startup, which is building infrastructure to let autonomous agents hold, send and...
By Rafael Ortiz 1 month ago
Hugging Face says malicious dataset exposed internal credentials
The AI platform said attackers used an uploaded dataset to run code on its servers, prompting credential rotation and user token c...
By Rafael Ortiz 1 month ago