April 29, 2024
Backflip Raises $15 Million to Grow Real Estate Investment Platform
Backflip raised $15 million in a Series A funding round to grow its platform for real estate investors. The company’s real estate and FinTech platform is designed to provide funding and tools to the entrepreneurs...
April 29, 2024
Stripe Is Bringing Back Crypto Payments, Citing ‘Real Utility’
Crypto payments have traditionally suffered from a pervasive “cold start” problem. Among other issues hamstringing the integration of blockchain-based digital assets as a payments mechanism, many potential customers simply don’t...
April 29, 2024
Digital Wallets Provide Local Touch to Connected Travel Experiences
Alipay+ unveiled a cross-border payments initiative in a move to boost Hong Kong’s tourism and commerce sector. The platform facilitates transactions for users of 14 overseas mobile wallets and bank apps from nine countries and regions. Among...
April 29, 2024
Bank of America: Digital Makes Healthcare Payments as Easy as...
There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But there are other implications as...
April 29, 2024
Bank of America: Digital Makes Healthcare Payments as Easy as...
There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But there are other implications as...
April 28, 2024
Banks Pay Savers More to Stay Amid Steep Interest Rates
For America’s biggest banks, deposit costs are exceeding interest income. That’s the first time that’s happened since the Federal Reserve began increasing rates two years ago, the Financial Times noted...
April 26, 2024
Earnings Put Spotlight on Banks’ Full-Scale Digital Transformation
The shift toward digital channels in financial services shows no signs of slowing down, as evidenced by the latest earnings results from incumbent banks and financial services providers. During the...
April 26, 2024
Consumers Are Slow to Adopt Mobile Wallets for Store Payments
Consumers are using mobile wallets more, but it is taking a while for them to grow accustomed to utilizing the technology to pay in stores, PYMNTS Intelligence reveals. By the...
April 26, 2024
Real Madrid, Ouro Deal Nets Big Wins in Financial Innovation
In today’s digital age, the combination of innovative financial products and a loyal, international fanbase holds the potential for significant market disruption. The recent collaboration between financial services company Ouro...