The art of investing is often considered a sophisticated practice reserved for only high net worth individuals who have the resources to play to win. For millennials and Gen Z customers, the feeling of being excluded from that investing club is even stronger, says David...
Money moves from a consumer to a business and often there’s a use case in which that needs to move back out whether as refunds, withdrawals and disbursements, said Kiaan Pillay, co-founder and CEO of South Africa-based FinTech firm Stitch. To help simplify that two-way...
Legacy tech has gotten a drubbing throughout the pandemic — and rightly so, many would argue, as merchants and their payments partners seek to create new experiences that were not technologically possible before, while managing high levels of risk that ride along. Merchants particularly are...
Historically, developers who wanted to build on top of the existing payments infrastructure have struggled to access the data needed to build real-time, engaging experiences. According to Fidel API Chief Technology Officer Andre Elias, that’s a gap that the global financial infrastructure firm is filling...
Application programming interfaces (APIs) will decentralize banking and change the way savings accounts are opened, accessed and managed, enabling digital-only banking and financial services for millennials, agricultural marketplaces, neobanks and financial platforms, according to a Cashfree Payments report Friday (July 15). Cashfree Payments’ report, “Changing...
Last month, the European Banking Authority (EBA) published a response to the European Commission’s call for advice on the upcoming review of the revised Payment Services Directive (PSD2). Read more: EU Regulator Launches PSD3, Open Finance Consultations The 490 items contained within the document include...
Technology, of course, is fast becoming central to everything a bank does. Neeraj Gupta, vice president, B2B Solutions at FIS, told PYMNTS in an interview that application programming interfaces (APIs) can help financial institutions — including both banks and FinTechs — craft new experiences as...
When members of a Formula One (F1) racing team are working at the track, they’re not just carrying tools and containers of fuel — they’re also holding tablets that help them use data delivered through application programming interfaces (APIs). “It’s fascinating how technology plays a...
For most of the time that retailers have existed, the only option shoppers had when they wanted to buy something was to go to a physical store and purchase in person. Then came eCommerce, which added online shopping to the mix, and more recently, the...
