Financial Information Technologies LLC (Fintech) is enhancing B2B payment capabilities with Nexxus Group acquisition. Meanwhile, Amount sees SEC's inquiry into Upstart as a critical moment for AI in finance. Hello Alice champions digital reskilling, while Klarna employs Gen AI for cost-cutting in marketing. Newcomer Circle enters Brazil's effervescing fintech scene, and Paymentology welcomes former Superscript exec, Tim Joslyn, as their new CTO.

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Fintech Expands B2B Payment Capabilities with the Asset Acquisition of Nexxus Group

Fintech LLC bolsters its B2B payment capabilities with the acquisition of Nexxus Group. With its second investment in consignment-selling tech, Fintech can process all invoice types for retailers regardless of size. This signals further expansion and development for Fintech in the B2B payment landscape. (Bullish)

Read more at Businesswire

Lawsuit, subpoena, have fintechs revisiting AI

As regulations tighten, the fintech community is reassessing its AI practices. Amidst subpoena issues and a lawsuit, the call for unbiased AI is more pronounced. Open banking and AI in finance pose thrilling challenges and opportunities. (Neutral)

Read more at Fintech Nexus

Judge dismisses case from former Trump officials suing Houston fintech platform

Victoriously transcending a lawsuit, Hello Alice leads in XPRIZE Rapid Reskilling competition. Winning $1m, the platforms approach to reskilling workers for the digital economy is championed. Reskilling and small business growth are central to a diverse, inclusive business landscape. (Bullish)

Read more at InnovationMap Houston

Fintech Adds Consignment-Selling Technology With Nexxus Group Acquisition

Financial Information Technologies (Fintech) marks its entry in the B2B payment sector with Nexxus Group acquisition. This strategic addition will empower retailers to reduce their inventory levels, further expanding Fintech's tech offerings for clients. (Bullish)

Read more at PYMNTS

Breaking Down a Broken Healthcare Payments System

Evident of America's healthcare affordability crisis, a call for third-party payment models where financial responsibilities nurtures better outcomes for all stakeholders while resolving payment issues in the healthcare system is pressed. (Neutral)

Read more at Fintech Nexus

Thredds McCarthy Gets Down to the Business of FinTech

Tackling the real-time nature of modern fintech, McCarthy emphasises adaptability and collaboration as key. He points to unexplored possibilities in consumer credit disruption, highlighting the significance of agility in the fintech sector. (Neutral)

Read more at PYMNTS

Grab's two side projects suggest Malaysia beats Singapore for fintech jobs

Both Singaporean fintech Grab's GXS Bank Singapore and GXBank Malaysia are seeing fast growth, albeit at different rates. They denote a vibrant fintech job market in Malaysia, suggesting an interesting shift in the Southeast Asian fintech landscape. (Neutral)

Read more at eFinancialCareers

USDC Issuer Circle Announces Entry into Brazil's Fintech Sector

Circle, globally recognised fintech firm and issuer of USDC, enters Brazil's burgeoning fintech market. Through local partnerships, Circle aims to provide swift and efficient digital financial products, riding the wave of Brazil's fintech adoption. (Bullish)

Read more at Finance Magnates

Paymentology hires former Superscript exec Tim Joslyn as new CTO

Paymentology welcomes Tim Joslyn as its new CTO as the firm aims to expand its tech offerings. Bringing over 25 years of fintech experience, Joslyn's appointment promises an interesting evolution in Paymentology's journey. (Bullish)

Read more at FintechFutures