Fintech

GOU Payments, a Grupo Aval company, has received certification from Banco de la República to operate in the Bre-B instant payments system. The approval verifies its technological, operational, and security capabilities for 24/7 instant payments. The fintech aims to boost financial inclusion in Colombia.

March 20, 2026 Iniulat ng AI

Fomento Económico Mexicano (Femsa) has laid off hundreds of workers at its fintech unit Spin by Oxxo, as part of cuts across divisions. The move aims to adjust expenses under new leadership. Spin has failed to boost Oxxo store traffic despite gaining customers.

The Federal Reserve Bank of Kansas City has granted Kraken Financial a limited-purpose master account, marking the first time a cryptocurrency firm gains direct access to the central bank's payment system. This approval allows Kraken to settle U.S. dollar transactions on Fedwire without intermediaries. The move comes amid a shifting regulatory landscape under the Trump administration but draws criticism from banking trade groups over potential risks.

March 03, 2026 Iniulat ng AI

Banco Serfinanza, part of Grupo Empresarial Olímpica, announced the acquisition of 30% of fintech Tpaga as part of its digital transformation strategy. The alliance aims to integrate digital payments and artificial intelligence into its services, also impacting Olímpica's retail chain with new payment options. Leaders from both entities emphasized combining technological innovation with banking experience to expand financial solutions.

Korean savings banks are intensifying efforts to enter the foreigner finance market amid a rising number of foreign residents. Traditionally dominated by commercial banks, this sector is seeing tailored products from savings banks. Industry officials highlight initiatives to improve financial access for migrant workers.

February 10, 2026 Iniulat ng AI

Robinhood Markets reported fourth-quarter revenue of $1.28 billion for 2025, falling short of analyst forecasts of $1.33 billion, primarily due to a 38% drop in crypto trading revenue to $221 million. Despite the miss, earnings per share of $0.66 exceeded expectations of $0.63. The results highlight the impact of a broader crypto market downturn on the trading platform's business.