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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. The Congressional House Financial Services Committee held a hearing last fall, “Buy Now, Pay More Later?

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The Financial Technologies SMEs Aren’t Using

PYMNTS

Clearly, there’s still a long way for SMEs to go before they fully embrace FinTech – and the latest research on the topic reinforces the notion that small businesses aren’t using technology the way some may have hoped. The statistics were published last week from BDRC Continental, which surveyed 100,000 U.K. small businesses.

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Analysts Press For Corporate Payers, Banks And FinTechs To Collaborate

PYMNTS

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. Nearly a quarter of survey respondents said they were doing business in each of the 10 key markets identified by the survey, with the vast majority operating in North America.

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AeroPay Introduces Digital Payment Solutions For Cannabis Businesses

PYMNTS

FinTech AeroPay has launched a new suite of digital payment solutions intended for cannabis businesses, according to a press release. “We are committed to providing a safer, more efficient environment for cannabis businesses to operate in,” he said, according to the release.

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SMBs Aren’t The Only Ones Threatening To Switch Banks: Ovum

PYMNTS

Analysts described the scenario as a “red flag” for banks, with half of the corporate treasurers surveyed saying they have considered switching providers in the last year. Increasingly, treasurers want to streamline operations by consolidating their financial services under fewer providers, the report noted.

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Top News In Payments: China Posts Worst Slowdown In Nearly Three Decades; Alphabet Market Cap Hits $1T

PYMNTS

bank deposit accounts, according to a survey released by the American Bankers Association. Far Point Acquisition — which focuses on financial technology deals —said it would buy Global Blue, a payments company based in Switzerland, for $2.6 Check fraud has spiked from $8.5 billion in 2016 to $15.1

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Former Google Exec Tries Blockchain Banking On For Size

PYMNTS

Reports on Wednesday (July 13) said Taylor has founded a company to provide financial institutions with a blockchain-based operating system. Dubbed Vault OS, the solution is geared towards banks that need to update their systems with secure technology, he said. Now, he’s taking his talents to a new arena.