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Pix's Unstoppable Growth in Brazil

Pix's Unstoppable Growth in Brazil

Hey FinTech Fanatic! Brazil's Pix payment system, launched by the central bank three years ago, has quickly overtaken cash and wire transfers, posing a significant threat to credit cards, especially in e-commerce. Pix's instant payment feature has become a favorite, with usage soaring 74% last year,

Amazon to Phase Out Just Walk Out Checkout Technology in Grocery Stores

Amazon to Phase Out Just Walk Out Checkout Technology in Grocery Stores

Hey FinTech Fanatic! Amazon's innovative Just Walk Out checkout system has been a key part of its strategy to revolutionize traditional grocery stores. This system, aimed at streamlining the shopping experience by eliminating traditional checkouts, is currently featured in 47 of its 64 Fresh stores in the U.

IKEA's Evolution: From Furniture Giant to Financial Powerhouse with Ikano Bank Acquisition

IKEA's Evolution: From Furniture Giant to Financial Powerhouse with Ikano Bank Acquisition

Hey FinTech Fanatic! Welcome back! I hope you had a wonderful long weekend, taking advantage of the Easter break to enjoy some much-needed time off with your family and rest up—just like I did. As we all return, recharged and ready to dive back into our routines, I'

DoJ Claims Apple Prevented the Rise of Super Apps in the West

DoJ Claims Apple Prevented the Rise of Super Apps in the West

Hey FinTech Fanatic, Super apps haven't caught on in the West, partly because the DOJ accuses Apple of blocking their growth to prevent users from easily switching to competitors. Apple denies this, highlighting the success of apps like WeChat in China on its devices, arguing that the lack

Robinhood Challenges Apple Card with the Launch of its Gold Card

Robinhood Challenges Apple Card with the Launch of its Gold Card

Hey FinTech Fanatic, As I predicted last week 😉, Robinhood, the popular brokerage app FinTech, has launched its Gold Card, aiming to rival the Apple Card by offering unique cash-back rewards that can be invested directly into stocks. Exclusive to Robinhood Gold members, who pay $5 monthly or $50 annually, the

BREAKING: Visa & Mastercard Agree To Landmark Deal Saving Merchants Up To 30 Billion On Fees

BREAKING: Visa & Mastercard Agree To Landmark Deal Saving Merchants Up To 30 Billion On Fees

Hey FinTech Fanatic! After almost two decades of legal disputes, Visa and Mastercard have finalized an agreement with American retailers to reduce and establish limits on credit card interchange fees, a move projected to yield $30 billion in savings for the merchants over the next five years. This agreement marks

Chime Has More Primary Customers Than Chase With More Than 38 Million Customers🤯

Chime Has More Primary Customers Than Chase With More Than 38 Million Customers🤯

Hey FinTech Fanatic! Yesterday I shared with you that Chime is planning to go public in 2025. Soon after the news broke, Cornerstone Advisors big man Ron Shevlin published interesting research data about Chime. Cornerstone Advisors has determined that Chime boasts over 38 million customers, surpassing the combined customer base