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Helping FI’s Develop Their ‘FinTech Sense’

PYMNTS

Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. But that doesn’t mean all the players in payments and financial services have a solid or clear digital strategy. But that’s not the whole story, of course.

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Currencycloud Teams With Hyundai Card For Mobile Remittance Service

PYMNTS

With just a few touches on the mobile phone, people will be able to remit their money using their credit card account,” said Wookyung Chang, head of Hyundai Card’s digital strategy department. This will open the new era of personalized digital financial services in Korea.”.

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Chime, Uniswap, and the future of finance could soon struggle

Lex Sokolin

To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. This generated a good $6 billion of revenue in 2016, though that number is likely further compressed given attempts at regulating this sector. Just referring customers to capital sources.

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Alternative SME Finance Just Might Survive In 2017

PYMNTS

CAN Capital, one of the largest and oldest players in alternative lending, has stopped lending and replaced CEO Dan DeMeo,” he reflected in a statement. Meanwhile, in addition to CAN Capital’s recent struggles, another alternative lender, Argon Credit, reportedly filed for bankruptcy protection this month.

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