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Best New Fintech Products & Trends of 2024

Fintech Labs Insights

However, we’ll refrain from listing funding rounds since they are covered widely online. And since we can’t resist a good metric, vanity or otherwise, we’ll include customer, dollar or other significant milestones. mo Klarna 24 Jan BNPL Consumer CNBC Bilt Rewards doubles valuation to $3.1B

Trends 15
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Payments as a Service, Ready for Prime Time?

PYMNTS

That flexibility is especially useful in B2B transactions where entering new markets means that suppliers and buyers may transact across borders and across currencies, where everything from compliance to tax collection issues must be considered. billion in 2024, PYMNTS reported in The FI’s Guide to Modernizing Digital Payments.

Payments 260
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For faster loan origination, stop doing this

Abrigo

Frustrating processes tied to credit requests and slow loan decisions are among borrowers’ biggest complaints about banks and credit unions compared to online or alternative lenders. Stop manual tax-data entry. Easily upload and import the data. Instead : Skip this step entirely.

Lending 222
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How to Cash in U.S. Savings Bonds and Report Taxes on Interest Earned

MyBankTracker

That is, it can feel like a windfall of cash – until, that is, you realize you need to report taxes on the interest earned. Still, while the tax part may not be loads of fun, it’s always nice to end up with some unexpected cash. savings bonds that were issued on paper or electronically, and how to report it on your taxes.

Taxes 52
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Takeaway 2 Several small business lending processes can tax both borrowers and staff. The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. They lead to inefficiencies and roadblocks to small business lending.

Lending 244
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Takeaway 2 Several small business lending processes can tax both borrowers and staff. The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months. Online fintech lenders had a market share of about $25 billion.

Lending 195
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Payments-As-A-Service Gets Ready For Prime Time

PYMNTS

That flexibility is especially useful in B2B transactions where entering new markets means that suppliers and buyers may transact across borders and across currencies, where everything from compliance to tax collection issues must be considered. billion in 2024, PYMNTS reported in The FI’s Guide to Modernizing Digital Payments.

Payments 153