Tagged: fintech trends

November 21, 2024 @ 9:57 pm By Omar Faridi  |  

Juniper Research has shared key fintech and payments trends in order to  provide industry stakeholders, including banks, intermediaries, and providers, with foresight into emerging technological shifts and market opportunities. Juniper Research stays focused on on identifying and “evaluating the latest disruptive trends in fintech, payments,… Read More

November 19, 2024 @ 8:59 am By Omar Faridi  |  

Global payments are becoming a lot simpler for consumers, however, complexity keeps growing behind the scenes, according a report which explores this paradox and the options for providers. The “tantalizing” vision for global payments has been that they’d be safe, simple, quick, inexpensive, and “ubiquitous,”… Read More

November 14, 2024 @ 3:32 pm By Omar Faridi  |  

Mastercard (NYSE: MA) says that it is reinventing checkout with password and number free payments. By the end of the decade, Mastercard intends to phase out manual card and password entry in favor of “smiles” and fingerprints, paving the way for a future where “numberless”… Read More

November 12, 2024 @ 10:33 pm By Omar Faridi  |  

Airwallex joins the Pledge 1% movement to commit company equity and more toward corporate philanthropy through a sustained ongoing model. “Airwallex Impact” will include expansion of company volunteerism, Airwallex for Startups programs and “discounted” product for select nonprofit organizations. Furthering its commitment to innovation, Airwallex… Read More

November 12, 2024 @ 6:34 am By Omar Faridi  |  

The Juniper Research team has shared key insights on digital-only banking and other Fintech trends encompassing neobanks and the emergence of Fintech innovations offered via digital banking platforms. The digital banking market is an evolving space, with digital banks racing to get banking licenses, create… Read More

November 8, 2024 @ 8:40 am By Omar Faridi  |  

According to some insiders, U.S. open banking is poised for significant acceleration, but political uncertainty could hamper momentum. The Consumer Financial Protection Bureau (CFPB) finalized its Personal Financial Data Rights Rule under Section 1033 of the Dodd-Frank Act two weeks ago. The rule mandates that banks and other… Read More

October 30, 2024 @ 7:36 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, and TickPick, the modern transparent ticket marketplace transforming the event ticketing industry, announced their partnership to enhance the ticket buying experience for all TickPick customers. TickPick, known for its no service fee policy, best price guarantee,… Read More

October 28, 2024 @ 11:00 pm By Omar Faridi  |  

Forrester Consulting recently shared a detailed research report focusing on recurring payment friction in the US markets. Forrester revealed that it has surveyed 297 US payment “decision makers” in mixed B2B and B2C firms and B2B-only firms in order to gain a better understanding of… Read More

October 28, 2024 @ 6:33 am By Omar Faridi  |  

UK based startups are managing to stay ahead of Germany and China in terms of total funding raised during Q3 2024. This, despite an overall decline, according to Tracxn Research. Tracxn’s latest analysis of the UK tech funding landscape reveals a number of  key /… Read More

October 25, 2024 @ 4:10 pm By Omar Faridi  |  

Consumers are not holding back on holiday spending this year – but they are taking a “more deliberate approach” to the purchases they make, according to  research from Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth. The research study,… Read More

October 22, 2024 @ 8:59 am By Omar Faridi  |  

Alex Jimenez from Backbase has shared key insights with Crowdfund Insider. Alex mainly focused on the advantages of leveraging the latest Fintech technologies and how innovative tech may be used to complement existing banking solutions. Alex Jimenez serves as the Lead Principal Consultant at Backbase. He… Read More

October 15, 2024 @ 8:12 am By Omar Faridi  |  

PitchBook has shared key insights that focus on developments in the Fintech and payments ecosystems. The PitchBook report pointed out that Fintech performance has rebounded with shares of public fintech firms closing higher during Q3 of 2024, tracking the “broader” stock market’s rebound. PitchBook also… Read More

October 11, 2024 @ 10:42 pm By Omar Faridi  |  

Airwallex announced that Airwallex Capital is now licensed by the Securities and Futures Commission of Hong Kong (SFC) in order to offer asset management services, paving the way for the upcoming launch of its Airwallex Yield in Hong Kong early next year. As explained in a… Read More

October 11, 2024 @ 10:27 am By Omar Faridi  |  

Kate Hampton, Chief Strategy Officer at NMI, recently shared her views and insights with Crowdfund Insider. As noted in the update shared with CI, embedded payments are revolutionizing the financial landscape, with major companies like Google Chrome leading the way. By integrating embedded payment technology,… Read More

October 8, 2024 @ 7:17 pm By Omar Faridi  |  

XYB, the Coreless Banking Platform business, has announced its plans to help banks enhance their core systems. XYB is working with global tech leader IBM to provide technologies and consulting expertise that can help financial services firms with addressing the increasing requirements for core modernization… Read More

October 8, 2024 @ 8:22 am By Omar Faridi  |  

Real-time cross-border payments are gaining significant momentum as global consumers increasingly rely on them for seamless transactions, according to a recent research study. Many consumers depend on them to send funds close ones, while others use them to purchase goods, underscoring their importance in the… Read More

October 4, 2024 @ 9:45 am By Omar Faridi  |  

Zūm Rails, the company merging open banking and instant payments,  announced it is leveraging embedded finance solutions from Fiserv (NYSE: FI), which is a provider of payment and financial technology, in order to enable digital transactions and financial services for US-based businesses. With Fiserv as… Read More

October 4, 2024 @ 8:33 am By Omar Faridi  |  

According to an extensive update by Finch Capital, 2024 continued to be a turbulent year for European Fintech. While funding levels continued to decline, the sector is now said to be more resilient, with certain “green shoots” now emerging. As noted in the latest research… Read More

October 2, 2024 @ 3:52 pm By Omar Faridi  |  

Indeed Flex, the temporary staffing platform providing flexible work and efficient staffing solutions, has partnered with workforce payments platform Branch to offer Same Day Pay. This tool enables Flexers to access as much as 50% of their earnings within an hour following a shift. As… Read More

September 30, 2024 @ 8:41 am By Omar Faridi  |  

Building on the multimarket partnership to enable flexible payments adoption in the region, Mastercard (NYSE: MA) and ZOOD, one of the digital lending platforms for e-commerce in the Middle East and Central Asia, has introduced a BNPL card – ZOOD Card – in Uzbekistan. The… Read More