December 31, 2024 @ 1:56 pm By Timothy Li  |  

FINTECH in 2025! It’s been a whirlwind since my last Fintech predictions for 2024. I forecasted AI ubiquity, the end of BaaS, digital twinning, and Elon Musk’s ambition to dominate Fintech. Some of these predictions came true, others fell flat, but as they say, truth… Read More

 Tagged perspective, predictions, timothy li

December 31, 2024 @ 11:33 am By Omar Faridi  |  

Nayax Ltd. (Nasdaq: NYAX), a commerce enablement and payments platform designed to help merchants scale businesses by simplifying payments and maximizing loyalty, announced that it will deploy its EasyFuelPlus, a fuel management system, by OTI PetroSmart, a provider of fuel management and payment solutions, across… Read More

 Tagged Nayax, payments, uk, united kingdom

December 31, 2024 @ 11:28 am By Omar Faridi  |  

With the inflation rate expected to increase again in December after October and November’s surges, SumUp conducted a survey, asking US business owners about their understanding of inflation and its impact on their business, past, and future. The survey focused on 4 key areas: the… Read More

 Tagged inflation, sumup

December 31, 2024 @ 10:23 am By Omar Faridi  |  

CFPB Director Rohit Chopra has issued a statement on developments regarding large asset manager ownership of banks. Rohit Chopra noted that the US has understood the importance of preventing commercial interests from “gaining an unfair advantage by consolidating ownership of railroads, electric utilities, banks, and… Read More

 Tagged asset managers, banking, cfpb, rohit chopra, us

December 31, 2024 @ 10:22 am By Omar Faridi  |  

HC3, a data-driven statement provider, announced a partnership with Apiture, a provider of digital banking solutions, to deliver digital statements via the Apiture Digital Banking Platform. The partnership enables Apiture bank and credit union clients to provide their account holders with “secure, immediate access to… Read More

 Tagged apiture, digital banking, digitalization, hc3

December 31, 2024 @ 8:22 am By Omar Faridi  |  

The US Department of Justice (DOJ), together with the Federal Trade Commission (FTC), announced a civil enforcement action against Dave Inc. and its co-founder, President, Chief Executive Officer, and Chairman of the Board of Directors, Jason Wilk, for alleged violations of the FTC Act and… Read More

 Tagged dave, doj, enforcement, ftc, us, us department of justice

December 30, 2024 @ 12:01 pm By Omar Faridi  |  

Visa (NYSE: V), a global enabler of digital payments, announced its first Retail Spend Monitor from Visa Consulting & Analytics (VCA). This year, Visa’s preliminary insights indicate that the “overall holiday retail spend in the U.S. increased 4.8% year over year.” This is across all forms… Read More

 Tagged consumer behavior, digital payments, research, spending, visa

December 30, 2024 @ 8:32 am By Omar Faridi  |  

CaixaBank is marking the 15th year of operations of its representative office in Turkey. CaixaBank noted in the announcement that the bank opened the office in 2009 as part of its “international growth strategy” through its international banking network, which has branches and representative offices… Read More

 Tagged CaixaBank, digital banking, europe, turkey

December 29, 2024 @ 9:35 pm By Omar Faridi  |  

Staying secure means staying ahead of what’s coming, according to Fintech Plaid. At Plaid, they reportedly run hundreds of services across tens of thousands of pods on dozens of Kubernetes clusters hosted in AWS. Shuaiwei Cui and Anirudh (Ani) Veeraragavan noted that their teams ship… Read More

 Tagged financial infrastructure, financial technology, fintech adoption, plaid

December 29, 2024 @ 9:32 pm By Omar Faridi  |  

BillMart Fintech and Eqaro Guarantees have teamed up to provide  offer guarantee solutions intended to build more trust between lenders and businesses in the Indian trade finance sector. With this latest collab, Eqaro’s guarantee products will now be integrated into BillMart’s Fintech platform, the firms… Read More

 Tagged billmart fintech, eqara guarantees, india, trade finance