PIX. Mercado Pago. Pickup. Apps. Data protection. These are a few of the digital shopping trends and payment options that are key to winning customers in Brazil — one of the world’s largest economies and one that is rapidly digitizing. As Brazil’s shoppers continue to...
A changing financial industry is transforming the relationship between traditional banks and FinTechs. In the past, banks largely regarded FinTechs as formidable competitors, if not existential adversaries, due to the latter’s technological prowess, agility and superior customer experiences. This dynamic, however, has begun to swing...
Loyalty is a beautiful thing for consumers and retailers, and loyalty in the beauty space is doubly so, in that choice of retailers and products are deeply personal, literally modifying how we present ourselves visually to the world. That gives beauty brand loyalty unique qualities....
The FinTech IPO Index’s 3.4% gains were outpaced this week by outsized momentum in names like SoFi, while earnings reports in other holdings continued to impact trading. Shares in SoFi soared 28.1.%. As has been widely reported, as part of the agreement on Capitol Hill...
Business travel is making a comeback and Uber is capitalizing on the trend with new products and features designed to make the journey smoother, more comfortable, and more efficient for business travelers. In a press release posted Thursday (June 1), Susan Anderson, global head of Uber...
J.P. Morgan Chase will close 21 of the 84 branches of its recent acquisition, First Republic Bank. About 100 employees will be affected by the closures, Reuters reported Thursday (June 1). They will be offered six-month transition assignments and will then be able to apply for other roles...
Dapi and Mastercard have partnered to provide account-to-account (A2A) payments in the United Arab Emirates (UAE). With this strategic partnership, Dapi, a UAE-based FinTech company, will launch A2A payments on Mastercard Payment Gateway Services (MPGS), the companies said in a Thursday (June 1) press release. “This is a significant milestone...
Instacart is working with discount grocer Aldi on 30-minute delivery of convenience store goods, a move that could boost the grocery aggregator’s competitive position in the category relative to competitors in the space such as DoorDash and Uber Eats. The eGrocery marketplace on Thursday (June...
The Consumer Financial Protection Bureau (CFPB) has advised consumers to transfer money stored on payment apps to insured banks and credit unions. “Your money is at greater risk when you hold it in a payment app, instead of moving it to an account with deposit insurance,” the...
