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A Tale Of Two Payments Regions: UK And Germany

PYMNTS

The only way to predict what the emerging payments trends are for today is to seek out the one group of people who has the power to control the entire market: consumers. But, of course, no two consumers are exactly alike – especially when comparing consumers across different regions of the world. How Emerging Payments Stacked Up.

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Where Does Chime Go From Here?

Gonzobanker

That’s similar to MoneyLion, whose Q2 2023 securities filing claimed the company had “nearly” 10 million customers. Because banks like Bank of America, Chase, Wells Fargo and other large regional banks have highly diverse product lines, making a direct comparison of number of customers nearly impossible. That works out to 8.1%

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State of Fintech Q2’22 Report

CB Insights

For deeper insights, all the record figures, and a ton of private market data, download the full report. While Europe fintech funding sank across most fintech sectors, wealth tech startups in the region saw funding increase. Startups in the space secured 188 deals, a 36% increase QoQ. First name. Company name. Phone number.

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Deep Dive: How FIs Can Upgrade Authentication Measures To Foil Fraudsters? Open Banking Attacks

PYMNTS

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. There appears to be strong demand for such services, too, with the global open banking market projected to increase in value at a compound annual growth rate (CAGR) of 24.4

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Why The SCA Delay Is Both An Opportunity, Challenge

PYMNTS

The benefits could be quite significant in terms of providing additional security and, ultimately, a better consumer experience. However, as of yet, there is no formal harmonization of migration across the EEA, which means different markets may be doing different things. The end goal should be to create a benefit, Bayliss noted.

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Bitcoin Daily: Coincheck’s Investors Take Their Money, Iceland’s Big Mining Electricity Bill

PYMNTS

Until the market matures, cryptocurrency price manipulation is “unavoidable,” according to NEM President Lon Wong. “You see it in mainstream markets as well. The news comes as merchants in the region have begun allowing their customers to pay in bitcoin.

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Mastercard Bets On Biometric Cards To Advance Inclusion

PYMNTS

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. In the U.S. Because where there is high demand, there is the possibility of scale.

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