Fintech Finance

JULY 23, 2024

Anecdotal evidence suggests that this trend is caused by increased numbers of shopping trips, the transition to hybrid working, the use of multiple bank accounts, and the increased use of Buy Now Pay Later (BNPL) services. Key figures for 2023 The total number of payments made in the UK increased by five per cent to 48.1 billion).

Contactless Payments 98

Contactless Payments Online and Mobile Banking Debit Card Payments 98

Fintech News

JULY 23, 2024

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4

FinTech 133

FinTech Online and Mobile Banking Multi-Currency Non-Bank 133

Finovate

FEBRUARY 2, 2024

First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. The new digital bank also offers financing products for bineo account holders. The bank also pledges competitive rates and instant access to funds once loans are approved. The company noted that it hopes to add 2.8

BNPL 59

BNPL Online and Mobile Banking Debit Card Non-Bank 59

FICO

DECEMBER 15, 2021

The pandemic isn’t the sole cause of this, as fintechs have been upending traditional banking models for years. This speed of change, coupled with their experience of increased personalisation from firms such as Amazon and Netflix, has raised their expectation of how they expect their bank or building society to engage with them.

BNPL 52

BNPL Online and Mobile Banking Payment APIs and Integration Assessments 52

PYMNTS

JANUARY 25, 2021

Consumer awareness of buy now, pay later (BNPL) options is increasingly rising as an alternative option. Consumers who do not qualify for credit cards or become reluctant to use those tools may see BNPL plans as a convenient alternative method for deferring payments. Interest in BNPL is not limited to the U.S.

Consumer 74

Consumer BNPL Credit Cards Payments 74

Fintech News

JUNE 20, 2024

OpenWay , a provider of digital payments technology to banks, processors, national payment switches, and mobile wallet operators, found that clients are recognising the benefits of AI. To overcome those barriers, Gen AI needs a payment processing platform with powerful data management and a 24/7 online front- and back-office.

Use Case 125

Use Case AI Multi-Currency Payments 125

Fintech News

MARCH 18, 2024

The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time transactions, as well as presenting the opportunities that exist in digital remittances, open banking, business-to-business (B2B) payments and agricultural lending.

FinTech 113

FinTech Online and Mobile Banking Blockchain Product 113

FICO

JANUARY 19, 2022

From TBML to BNPL to NFTs, 2021 found fraud and financial crime professionals dealing with a plethora of new challenges and criminal schemes. BNPL Fraud — When "Buy Now, Pay Later" Backfires. Darryl Knopp wrote: For banks with their own BNPL offering, a multi-layered approach to risk management and fraud protection is critical.

Financial Crimes 52

Financial Crimes Crime Money Laundering NFTs 52

Fintech Finance

JANUARY 19, 2024

The growth in the historic period can be attributed to e-commerce growth and online shopping trends, consumer demand for flexible payment options, rise of digital wallets and mobile payments, increase in millennial and gen z consumer base, competition among payment service providers.

BNPL 52

BNPL Online and Mobile Banking Embedded Finance Cross-Border 52

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. billion globally in 2021 – banks and credit unions are losing their status as the primary financial services providers to American consumers. Taking the FinTech Threat Seriously: What Should Banks Be Doing to Compete? banks collected $15.47

Credit Union 52

Credit Union FinTech BNPL Online and Mobile Banking 52

PYMNTS

DECEMBER 11, 2020

In today’s top news, FinTech startup Tink raised €85 million to bring its valuation to €680 million, and Starbucks plans to shift more toward drive-thru and online ordering. The open banking platform’s valuation is up more than 60 percent from the €415 million it was worth in January. and internationally — especially in China.

Online and Mobile Banking 56

Online and Mobile Banking Returns Payments BNPL 56

PYMNTS

OCTOBER 1, 2020

We're focusing on the ability for consumers to use their rewards points at over 60 million merchants around the world, whether that’s online, in-store or via contactless using a major wallet such as Apple Pay or PayPal – and really bringing [loyalty redemption] to life.”. We've been working on it for many, many months. My Rewards 2.0

Digital Currency 93

Digital Currency Point-of-Sale (POS) Online and Mobile Banking Interoperability 93

Clearly Payments

NOVEMBER 21, 2023

In Canada, a nation celebrated for its rock solid banking and financial systems, which have consistently embraced pioneering technologies, the payment landscape stands as a testament to this ongoing commitment to progress. issuing banks) in Canada increased the transaction limits from $100 to $250 in 2021.

Payments Trends 52

Payments Trends Contactless Payments BNPL Online and Mobile Banking 52

Fintech News

DECEMBER 17, 2023

Akulaku – US$2 billion Indonesia’s most valuable fintech startup is Akulaku, an online banking and digital finance platform valued at US$2 billion. Founded in 2016, Akulaku provides digital banking, financing, investment and insurance brokerage services, targeting financial underserved demographics. Dana – US$1.13

FinTech 52

FinTech Financial Literacy Online and Mobile Banking Financial Inclusion 52

Tearsheet

MARCH 21, 2024

As leaders in innovative marketing, they’ve collaborated with iconic brands like Morgan Stanley, Truist, Bank of America, and more. To effectively engage this audience, she advocates for strategic partnerships with credible influencers, online platforms, and mobile apps. Go to tearsheet.co/strawberryfrog

Financial Literacy 59

Financial Literacy Debit Card Credit Cards Push-to-Card 59

FICO

JULY 6, 2020

Over the same period, we have seen a significant growth in BNPL borrowing. Data, such as open banking transactional profiling, that gives unparalleled insight into a consumer’s changing spending behaviour, is already recognised as key. Where it is available, use open banking data to determine accurate affordability assessments.

Assessments 52

Assessments Online and Mobile Banking Risk Settlement 52

PYMNTS

JANUARY 15, 2021

The march toward digital-first banking, meanwhile, continues unabated. But the bank, as noted in statements by CEO Jamie Dimon, is positioning itself for significant near-term economic uncertainty. Overall, the company saw 10 percent growth in its active mobile customer base to 40.9 billion that accrued to the bottom line.

Push-to-Card 60

Push-to-Card Online and Mobile Banking BNPL Consumer 60

Fintech News

MARCH 23, 2025

This milestone was the result of an extraordinary funding surge in 2021 , during which Indian startups raised USD $42 billion across 1,583 deals , creating 45 new unicorns in a single year. The fintech sector now represents 5% of total revenues generated by all banking, financial services, and insurance (BFSI) companies in India.

FinTech 73

FinTech Push-to-Card Online and Mobile Banking Credit Cards 73

The Payments Association

APRIL 14, 2025

Key developments include progress on stablecoin regulation with draft legislation anticipated, advancements in open banking and variable recurring payments (VRPs), outcomes from the PSR's review on card fees, and the introduction of buy now pay later (BNPL) legislation in Parliament.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88