PYMNTS

JANUARY 2, 2020

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. JPMorgan Ups Security By Blocking FinTechs From Passwords. Ant, Razer Join Rally For Singapore eBank Licenses.

Fintech 133

Fintech Payments Digital Banking America 133

PYMNTS

DECEMBER 17, 2019

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. FinTech Sandbox. FinTech Prognosis. billion USD) in revenues by 2025. That’s hardly the only FinTech and financial services growth happening in Brazil.

Fintech 136

Fintech blockchain Trends America 136

Gonzobanker

APRIL 4, 2024

While valuation at many fintechs has dropped since 2022, Chime has bucked the trend. Bloomberg recently reported that Chime, the leading fintech neobank, is planning to go public in 2025. Cornerstone’s numbers don’t jive, however, with what some of the other fintechs have reported publicly. Is it ready for an IPO?

Comparison 104

Comparison Fintech America Survey 104

PYMNTS

DECEMBER 1, 2020

Glasgow-based bank Virgin Money has partnered with Redspire , a local FinTech, to help boost its presence in the business account market, according to a report from Daily Business Group.

Regional 205

Regional Groups Report Innovation 205

PYMNTS

OCTOBER 28, 2020

Digital payments are growing ever more widespread, with the global digital payments market increasing by more than 50 percent in the past three years to hit $4.7 This puts them at risk of losing customers to more agile FinTechs that lack these issues. billion by 2025, up from $74.4 trillion in 2020.

Payments 219

Payments Compliance Fintech Innovation 219

PYMNTS

NOVEMBER 5, 2020

Singapore FinTech platform Nium has appointed Frederick Crosby as its new chief revenue officer. “I He was responsible for pioneering digital cross-border payments at PayPal, Western Union and eBay, and most recently was the chief revenue and marketing officer at Veem. trillion by 2025.

Fintech 130

Fintech Strategy Regional Marketing 130

PYMNTS

APRIL 25, 2019

As detailed in the Credit Union Innovation Playbook, a generational divide separates younger generations from older ones in terms of what they desire from their FIs – and if they don’t get what they want, they just might make the leap to FinTechs. percent: Projected CAGR of the digital payments market between 2019 to 2024. $39

Mobile 128

Mobile Fintech Course Innovation 128

PYMNTS

FEBRUARY 18, 2020

South Asia is the fastest-growing market in FinTech and eCommerce, according to Credify. The area is projected to be a $72 billion market for FinTech in 2020, at an CAGR of 72.5 percent, and is expected to be a $102 billion eCommerce market by 2025.

Regional 171

Regional Lending Fraud Maine 171

PYMNTS

JANUARY 15, 2021

FinTech installment lender Affirm more than doubled its valuation when it went public earlier this week. The resale market exploded in 2020, growing 25 times faster than the previous year. The resale market exploded in 2020, growing 25 times faster than the previous year.

United States 151

United States Community Marketing Fintech 151

PYMNTS

NOVEMBER 13, 2019

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. In the absence of open banking regulations, FinTechs continue to enter the market, collaborating with bank partners to offer their own financial services, which often compete directly with other FIs.

Google 161

Google Fintech Apple Survey 161

PYMNTS

OCTOBER 22, 2019

FinTech startups and tech giants are bringing new competition and banks risk “becoming footnotes to history” as regulations ease, making it easier for companies to offer financial services. Whereas FinTechs earmark 70 percent of budgets to advancements, legacy banks set aside only 35 percent. Amazon in the U.S.

Survey 101

Survey Fintech Innovation Report 101

PYMNTS

SEPTEMBER 16, 2019

trillion global payments market with free services, banks could lose as much as $280 billion in revenue by 2025, according to an Accenture report and press release circulated on Monday (Sept. As more startups penetrate the $1.5

Payments 150

Payments Survey Analysis Capital 150

PYMNTS

NOVEMBER 20, 2020

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. Samsung will continue to invest in these advanced technologies.”. Wearables have also expanded their features to include digital payments.

Samsung 150

Samsung Apple Google Analytics 150

PYMNTS

JANUARY 20, 2020

As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. The Wall Street banker has had a presence in South African for over 20 years.

Operations 150

Operations Capital Groups Apple 150

PYMNTS

SEPTEMBER 17, 2020

Higher education is not immune from pandenomics, and is undergoing its own reset as institutions of higher learning synthesize new market conditions. One recent report found that the IAM technology market is predicted to grow from $7.6 billion by 2025.”. billion this year to $15.3 Testing Limits, Pushing Boundaries.

Video 251

Video Resources Course Online 251

PYMNTS

FEBRUARY 26, 2019

As CNBC pointed out, Southeast Asia is estimated to have an internet economy of more than $240 billion by 2025. Citigroup has recently been investing heavily in technology to keep up with the FinTech startups that have been disrupting the financial services market. Customers also can earn rewards points and airline miles.

Payments 183

Payments Lending Cards Mobile 183

PYMNTS

JANUARY 20, 2020

As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. The Wall Street banker has had a presence in South African for over 20 years.

Capital 131

Capital Groups Apple Operations 131

PYMNTS

DECEMBER 26, 2019

Lotte started its eCommerce arm in 2016, allocating $25 million with an eye toward gaining 20 percent market share within three years. Last week, Vietnamese group Vingroup announced a plan to shut down its eCommerce site Adayroi.com, which it formed in 2013, and merge its ePayment business side with its FinTech arm, VinID.

Retail 130

Retail Groups Maine Google 130

PYMNTS

DECEMBER 1, 2020

Today in B2B payments, Virgin Money has tapped a FinTech partner as it prepares the rollout of its business banking offering, while Iceland debuts its instant payments network. Plus, Altana raises funding for its supply chain technology, Velo Labs partners with Visa on SME lending and Google's former CEO backs a new tech fund.

Payments 141

Payments Google Capital Lending 141

PYMNTS

SEPTEMBER 25, 2019

Kreditech, an AI-based loan startup that targets emerging markets, has raised $22 million in its latest funding round, according to a report. We are on track to realize our vision, which is to be one of the leading technology-enabled consumer-lending companies; a FinTech platform of choice for both individuals and POS and eCommerce partners.

Capital 109

Capital Lending Strategy Fintech 109

PYMNTS

OCTOBER 15, 2020

FIs of all sizes are developing new systems to supplant or replace correspondent banking models, with many partnering with FinTechs to do so. Cloud services are boosting cross-border payments, however, with a study projecting that the cloud services market will reach $266.4 billion by the end of this year.

Payments 228

Payments Report Study Security 228

PYMNTS

NOVEMBER 6, 2019

In a market without open banking regulations, FinTechs continue to enter into the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions. “We want the whole industry to use it.”.

New York 103

New York Fintech Payments Report 103

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. Mexico has crafted its upcoming rules with similar developments in mind, especially as its 2018 law makes the market more attractive to FinTechs.

America 165

America Regulation Regional Tools 165

PYMNTS

NOVEMBER 6, 2019

In a market without open banking regulations, FinTechs continue to enter into the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions. “We want the whole industry to use it.”.

New York 101

New York Fintech Payments Report 101

Independent Banker

DECEMBER 31, 2022

Here are what I believe will be the top five opportunities this year: Targeted fintech initiatives focused on meeting community bankers’ unique needs. Embedded finance is expected to increase exponentially over the next few years, opening up new markets and enhancing customer experiences. billion in 2020 revenues.

Innovation 103

Innovation Trends Community Bank Community 103

Gonzobanker

JULY 27, 2022

Strategies focused on physical attraction (marketing) and distribution – where branches serve as customer attractors and points of service and delivery – are increasingly “invalid,” requiring banks to “upgrade to the latest version of the protocol,” i.e., digital marketing and distribution. Strategy #2: Embedded Fintech.

Strategy 88

Strategy Customer Experience Fintech blockchain 88

PYMNTS

AUGUST 20, 2019

Facebook is in talks with several FinTech companies in Indonesia about bringing mobile transaction services to the country through the WhatsApp chat app, according to a report by Reuters. Indonesia is Southeast Asia’s largest economy — and with over 100 million WhatsApp users, it’s one of the chat app’s top-five markets worldwide.

Payments 137

Payments Regulation Operations Fintech 137

PYMNTS

JANUARY 2, 2020

Razer FinTech will own a 60 percent majority stake Razer Youth Bank, which will be headquartered in Singapore. . Southeast Asia’s digital lending market is anticipated to top $110 billion by 2025, which is over four times the size it is now, according to a report by Bain & Co., Google and Temasek Holdings. .

Digital Banking 130

Digital Banking Capital Google Cards 130

PYMNTS

SEPTEMBER 28, 2020

As a result, he said, businesses will increasingly turn to FinTechs that can offer more creative, flexible solutions to their cash flow and debt challenges. This could be an opportune moment in the history of FinTech and alternative lenders, however. An Alternative To Collections Agencies. It's a juggling act.".

social media 215

social media Capital Fintech Operations 215

PYMNTS

NOVEMBER 26, 2019

As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. This demand is driving the global expense management software market to reach $6.6 billion in value by 2025. Yordex , a U.K.-based

Tools 141

Tools Boston Cards Management 141

PYMNTS

FEBRUARY 27, 2019

Faster payment schemes are advancing worldwide, with the global real-time payments market expected to increase at a compound annual growth rate (CAGR) of 32 percent between 2019 and 2025. The payment, sent instantly to Mexico, was made by food production company Mustard Foods , and saved the company both time and money.

Nebraska 144

Nebraska Risk Management Apple Payments 144

Chris Skinner

FEBRUARY 17, 2017

Research house IHS Markit estimate 78 billion things communicating by 2025. McKinsey say this will be a multi-trillion dollar market that, after the mobile internet and artificial intelligence, will be the most impactful technologies for the next decade. How many things are connected in this future planet? There are various estimates.

Mobile 259

Mobile Technology System Software 259

Bobsguide

MARCH 28, 2022

Dubai, UAE, London, UK, New York, US – March 28, 2022 – Finastra today published a market assessment report: ‘Banking as a Service: Outlook 2022 | Paving the way for Embedded Finance’. Key findings include: • More than 80% of regulated financial services providers expect the overall BaaS market to grow.

Innovation 60

Innovation Lending social media Retail 60

PYMNTS

NOVEMBER 29, 2018

MovieCoin aims to deploy blockchain, smart contract and cryptocurrency technologies in a wide range of use cases, all geared toward the global movies and entertainment market — one that Grand View Research recently estimated to be worth nearly $1.15 trillion by 2025. Being able to solve them with cryptocurrency is no guarantee.

cryptocurrency 135

cryptocurrency blockchain Industry Technology 135

PYMNTS

SEPTEMBER 14, 2017

trillion by 2025. Before businesses can spread their global wings and reach new markets, though, they must first overcome their fears of engaging in global trade. A new product released by FinTech firm TranferWise allows Canadian freelancers and businesses to operate in the U.S., and European markets. credit history.

Report 191

Report Trends Massachusetts Study 191

PYMNTS

JUNE 24, 2019

According to the tracker, there was a 24 percent year-over-year increase in same-day ACH payment volume between Q1 2018 and Q1 2019, and the global real-time payments market is projected to increase by a 30.6 percent CAGR between 2018 and 2025. The gig economy’s functionality is tied to real-time payments. Peter Briffett, CEO of U.K.

Payments 162

Payments System Millennials Community Bank 162

PYMNTS

SEPTEMBER 18, 2018

The changes that tech-savvy workers have imposed on their employers’ travel and expense (T&E) policies and strategies go beyond adoption of expense management FinTech solutions, too. “The T&E market is at a turning point.” “Technology and demographic changes are transforming business travel.

Millennials 138

Millennials Management Technology Innovation 138