The history of connected vehicles began with GM’s introduction of OnStar® in 1996, and in 2021, the number of connected vehicles in the United States was estimated to be 74 million. Connectivity does much more now than it did nearly three decades ago, with modern...
“FinTech, as an investment category, has been incredibly exciting because of the size of the industry — and the size of the opportunity,” Alex Niehenke, Partner at Scale Venture Partners, told Karen Webster. Venture capital firms, of course, are a key conduit to offering up...
It may seem like a lifetime ago, but it was only two years ago when supply chains were at a standstill. And that standstill was a matter of life and death — quite literally. In the race against the insidious pandemic, pharmaceutical firms scrambled to...
Corporate treasurers are faced with multiple pressures in an uncertain economic climate, including the need to support long-term growth. Developing a payments strategy that is both efficient and agile to scale is a significant challenge, as growth can create obstacles to timely settlement and transactions,...
Africa is often lagging behind when it comes to global trade but in recent years, projects aimed at building a more autonomous pan-African economy, many of them under the rubric of the African Union (AU), are seeking to redress that balance and secure a more...
When the Reserve Bank of India (RBI) outlined its vision for a national payment system that would rival international card schemes, its primary goals were to reduce the cost burden on banks and the country’s dependency on foreign processors. And in the eight years since...
Insurance companies are leading the pack in terms of implementing new embedded finance solutions that can benefit themselves, their industry and their customers. Thirty-six percent of financial institutions (FIs) said insurance companies are the types of customers most likely to adopt embedded finance solutions, according...
In the never-ending cat-and-mouse game between those looking to defraud consumers and others looking to protect them, the advent of enhanced Strong Customer Authentication (SCA) for payments has equipped consumers with a key weapon. In the U.K., for example, new SCA rules for eCommerce came...
The Consumer Financial Protection Bureau (CFPB) has sued Active Network, saying the online event registration company duped people into signing up for its discount subscription club and generated $300 million in the process. According to a Tuesday (Oct. 18) news release, the CFPB lawsuit alleges...
