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Report: Strategic Payment Investments Give FIs, FinTechs Innovative Payment Options

PYMNTS

Consumers’ desire to go contactless or cardless during the pandemic presents plenty of opportunities for FinTechs, banks and other card issuers to bring innovative credit solutions to market, but such investments much be approached strategically. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.

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FIS sheds 2,600 employees: report

Payments Dive

Amid a strategic review of operations, the payments processor and fintech giant has dismissed 2,600 workers, Bloomberg reported.

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The future of payments post-pandemic (free research report)

Chris Skinner

During this quite period of time, it’s a good time for reflection and I was lucky enough to be commissioned to produce some research on how European FinTech influencers see the future of payments post-pandemic.

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FinTech Dave Reports Data Breach Involving 7.5M Users

PYMNTS

The FinTech on Saturday (July 25) confirmed the data breach after reports emerged that details involving as many as 7.5 According to the FinTech, the “malicious party” gained access to user passwords “stored in hashed form using bcrypt , an industry-recognized hashing algorithm.”.

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Fintech funding drops in 2Q

Payments Dive

While there was a drought of venture capital for payments startups and other fintechs in the first half of the year, industry reports spot potential for new flows in the second half.

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State of Fintech Q2’22 Report

CB Insights

Global fintech funding fell 33% quarter-over-quarter (QoQ) to hit $20.4B — its lowest level since Q4’20. Below, check out a handful of highlights from our 197-page, data-driven State of Fintech Q2’22 Report. Below, check out a handful of highlights from our 197-page, data-driven State of Fintech Q2’22 Report.

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State of Fintech Q3’22 Report

CB Insights

Global fintech funding fell 38% quarter-over-quarter (QoQ) to hit $12.9B — matching Q4’20’s level. Below, check out a handful of highlights from our 150-page, data-driven State of Fintech Q3’22 Report. Below, check out a handful of highlights from our 150-page, data-driven State of Fintech Q3’22 Report.

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