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The Rise Of eCommerce And Digital Banking Innovations

PYMNTS

Salesforce predicts that a digital surge could strain holiday shipping. In connected vehicles, the FinTech Car IQ has teamed with Discover to accelerate automotive banking. Data: $86B: Estimated spend on in-car commerce by 2025. 3.6T: Projected size of the "embedded finance" market by 2030.

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Singapore FinTech Grab Mulling US IPO Of Up To $2 Billion

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Singapore-based FinTech Grab is mulling a U.S. Sources told Reuters that Grab is looking to take advantage of the red-hot IPO market in the U.S. If the company chooses to proceed, the IPO could be the largest market debut ever made by a Southeast Asian company on a foreign exchange.

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Top News In Payments: JPMorgan Blocks FinTechs From Passwords; Ant, Razer Join Rally For Singapore eBank Licenses

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In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one of Singapore’s five available digital banking licenses. Plus, Indonesia is planning to implement flat-rate fees for certain digital wallet transactions.

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How 5G Will Shake Up Banking and FinTech?

PYMNTS

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Latency Advantages.

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FinTechs, AI And The Rise Of SMB Credit In Brazil

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One of the biggest tests for FinTech in the coming years is how well it can serve businesses that don’t have easy or efficient access to credit. As Martins said, the country’s financial system and central bank have restrictive rules about what types of collateral — or “leverage” — businesses can offer when seeking loans.

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Ant, Razer Join Rally For Singapore eBank Licenses

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Gaming company Razer is going after a Singapore digital banking license, along with China’s largest online monetary platform Ant Financial , according to reports on Wednesday (Jan. Razer FinTech will own a 60 percent majority stake Razer Youth Bank, which will be headquartered in Singapore. .

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Samsung: Wearables Sales Soared 30 Pct In 2020

PYMNTS

The market for wearables is expected to reach nearly $70 billion by 2025, according to research firm IDTechEX , with healthcare-related products seeing the most growth. Wearables have also expanded their features to include digital payments. Samsung will continue to invest in these advanced technologies.”.

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