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Amex, Santander Explore FinTech Using API

PYMNTS

Among traditional players, some of the more innovative companies are leveraging their large customer bases to incorporate this technology into their portfolios, thus allowing customers to engage in transactions that would otherwise become out of reach, both for the customer and the financial institution.

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Scotiabank: Why Banks Need To Rethink Personalization

PYMNTS

FinTech apps, for example, saw a 72 percent increase in usage in the first quarter of 2020 alone. billion by 2027, generating a compound annual growth rate (CAGR) of 13.6 Developers of these digital banking apps have been seeing success, however, building on an overall trend toward digital banking that has been brewing for years.

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Neobank Joust Raises $2.6M To Improve Freelancer Payments

PYMNTS

There are 57 million freelancers in the country, and about half of the American workforce will do some type of freelance work by 2027. We’re pleased to be part of Joust’s innovative solution targeting an underserved and increasingly important segment of the U.S. Joust believes this segment of the population is being underserved.

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What could R3’s DLT-based platform mean for global payments?

NCR

The debate surrounding blockchain – or more specifically distributed ledger technology (DLT) – and its viability for widespread rollout across the global financial system rumbles on, but it seems that we are beginning to see clearer signs of how this area of innovation could have a real impact on the industry.

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Former Worldbank CEO On ClearBank’s New Core Banking Infrastructure And Driving FinTech Innovation

PYMNTS

that resulted in the reduction in the number of clearing banks to four, the incredible rise in FinTech innovation in the U.K. and the dearth of anyone innovating in core banking systems — or even talking about establishing a new clearing and settlement bank that might expedite FinTech innovation. On a global scale.

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Modern Card Issuer Marqeta Is Going Public. Here’s What It Means For Payments Tech & Issuer Innovation

CB Insights

FREE DOWNLOAD: STATE OF FINTECH q1’21. Demand for modern card issuing and open APIs is growing : Many of Marqeta’s fintech competitors, including Adyen and Stripe , are adding card issuing and API integration products as more businesses clamor to give customers payment cards to boost revenue and loyalty. . First name.

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Freelancer Payments Turn Traditional Payroll On Its Head

PYMNTS

The freelance and gig work economy continues to grow, creating wide-open opportunities for FinTechs and service providers addressing a range of new pain points for both the talent and the employer. That figure could rise to 50 percent, it estimates, by 2027. working population. It’s not a U.S.-only ”

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