Search results for "fintech"

August 18, 2023
Consumers Love Mobile Wallet Bill Pay but Extra Fees May...

Half of consumers won’t pay bills with mobile wallets if they must pay extra. Mobile wallet use for bill pay is growing across age demographics, with consumers preferring the speed and...


August 18, 2023
Earnings Continue to Dominate as FinTech IPO Index Loses 2.8%...

The FinTech IPO Index slid 2.8%, as earnings continued to come in, particularly from companies based overseas. Katapult shares led to the downside through the past five sessions, with shares...


August 17, 2023
Nubank’s Stock Dips After CEO Sells 3% of His Shares

Digital bank Nubank reportedly saw its shares dip after CEO David Velez sold a portion of his stake in the company. The stock fell by as much as 8.6% during...


August 17, 2023
Emirates Development Bank and Trade Capital Partners Collaborate on Supply...

Emirates Development Bank (EDB) has partnered with Trade Capital Partners (TCP) to offer supply chain finance and working capital solutions to small- to medium-sized businesses (SMBs) in the United Arab...


August 17, 2023
BNPL Platform Sezzle Starts Trading on Nasdaq

Sezzle, the digital payments platform, started trading on Nasdaq on Thursday (Aug. 17), according to the company. To kick off the occasion, Sezzle executives rang the opening bell to start...


August 17, 2023
Adyen’s Revenue Cut By Hiring Spree and US Competition; Stock...

Adyen’s decision to boost its staff continues to cut into the Dutch payment company’s revenues. In its half-year earnings report issued Thursday (Aug. 17), the company said hiring costs and...


August 17, 2023
Small Insurers Lag in Adopting Real-Time Payments, but Plan a...

Insurance companies are embracing real-time payments when collecting customer premiums or receiving payments from other businesses. Even though 80% of firms use real-time payments, they account for just 16% of...


August 16, 2023
UK Launches FinTech Fund Backed by Mastercard and Barclays

The United Kingdom has taken a significant step to bolster its position as a global FinTech investment hub by launching a £1 billion investment fund, announced Wednesday (Aug. 16) by...


August 15, 2023
FinTech IPO Index Offers Directory of ‘Who’s Who’ for Bank...

At first glance, it might seem incongruous to mention the PYMNTS FinTech IPO Index and banks and M&A in the same sentence. The index itself is up 32% year to date. ...


The FinTech-Bank Relationship Shifts Toward Collaboration
US Open Banking Regulations Will Force More Bank-FinTech Collaboration  Nearly all banks view FinTech partnerships as important, but the partnership dynamics will be put to the test as new open banking regulations go into effect in 2024. In the “FinTech Tracker®,” a collaboration with Sezzle, PYMNTS examines what will be required as banks and FinTechs will rely on each other for data sharing and compliance.
How Credit Product Rates Impact FI Selection

One-Third of Credit Union Members Would Leave for Better Credit Products

Consumers are on the hunt for better access to credit and financing, and they’re not afraid to shop around to find the FI providing the lowest rates and most convenient offerings. PYMNTS’ latest study of more than 4,000 consumers and 154 FinTech and CU execs reveals what CUs can do to win — and keep — consumers’ business. Read more in Credit Union Innovation: How Credit Products’ Rates and Terms Impact FI Selection,” a collaboration with PSCU.