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Why Collaboration Is Credit Unions’ Payments Innovation Advantage

PYMNTS

It’s a model based on the concept of collaboration and cooperation, two ideals that have become instrumental in the financial services arena’s payments innovation efforts. ” That global reach also had the CU prioritizing global payments innovation from the get-go. As the U.S. As the U.S.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. Fintech enthusiasts should also keep a close watch on Apple’s newly unveiled BNPL system, Apple Pay Later.

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Which Fintech Companies Have Over 1 Million Customers?

Bank Innovation

Fintech startups, particularly neobanks, have long suffered from having great technology, but few customers using it. Simple and Moven had more innovative offerings than traditional peers, but that didn't translate to more customers or more revenue. What was BBVA paying for when it bought Simple for $117 million in 2014?

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UK’s FCA Inks FinTech Collaboration With CFTC

PYMNTS

19) that they had inked a deal to collaborate and support FinTech initiatives called the Cooperation Arrangement on Financial Technology Innovation (FinTech Arrangement). According to a press release , the two organizations will support each other’s efforts via the FinTech initiatives LabCFTC and FCA Innovate.

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Fintech 1, 2 and 3.0 … there’s an elephant in the room and it’s under attack

Chris Skinner

I was piqued by Victor Matarranz’s [SEVP Head of Group Strategy and Chairman’s Office, Banco Santander] presentation at MoneyConf last week, mainly because he began by talking about Fintech 1.0 versus Fintech 2.0. Fintech 1.0

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How Traditional and Emergent Fintech Could Converge and Change Finance

Bank Innovation

Traditional Fintech is so boring – and so profitable. The question is whether these vendors will use some of those profits to transform themselves or let nimble startups with modern technology and new business models eat their lunch. Two years ago, in December 2014, we took a look at Read More.

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Accenture Unveils FinTech Lab Startups, Billon Teams Up With FIS

PYMNTS

Coverage includes Accenture ’s FinTech Innovation Lab Asia-Pacific. Europe’s Billon has signed a letter of intent with financial technology provider FIS to explore joint product development and sales opportunities for its corporate blockchain solutions. “FIS

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