Search results for "fintech"

November 03, 2023
Can Shop Cash Turn Shopify Into an Amazon Challenger?

I’m feeling flush. I got an email last Saturday from Shop that I had $43.40 in my Shop wallet to spend on the app. This was news to me, since...


November 03, 2023
FinTech IPO Index Surges 6%, as SoFi and NerdWallet Post...

Earnings season is in full swing, and has given several names in the FinTech IPO Index a boost. Through the past five days, the index surged 6%. NerdWallet shares soared...


November 03, 2023
Over 70% of Consumers Do Not Believe Real-Time Payments Are...

Consumers are increasingly embracing the immediacy and transparency offered by real-time payments. And the migration to ISO 20022, a new global standard for secure and efficient messaging between financial institutions...


November 02, 2023
Cost Deters Nearly Half of Larger SMBs From Using Corporate...

Access to credit is a significant challenge for many small and midsized businesses (SMBs), leaving them vulnerable to closure. According to recent data, only 47% of SMBs generating annual revenues...


November 02, 2023
National Credit Union Groups Merge to Form ‘America’s Credit Unions’

Two national credit union associations are merging to create a new advocacy group. Members of the Credit Union National Association (CUNA) and National Association of Federally-Insured Credit Unions (NAFCU) have voted to join...


November 02, 2023
Italy Probes Intesa Sanpaolo’s Isybank Transition Amid Controversy

Italy’s antitrust authority announced on Thursday that it has initiated an investigation into the manner in which the nation’s largest bank, Intesa Sanpaolo (ISP.MI), transitioned thousands of customers to its...


November 02, 2023
Amazon Business Enters BNPL Space With Affirm Partnership

Amazon Business is offering buy now, pay later (BNPL) services in collaboration with Affirm. Amazon Business started rolling out Affirm Thursday (Nov. 2) to eligible sole proprietor businesses. It will...


November 02, 2023
Revolut Names Molo Founder Francesca Carlesi as UK CEO

Revolut hired 15-year financial sector veteran Francesca Carlesi to lead its United Kingdom operation. Carlesi, whose appointment as U.K. CEO was announced Thursday (Nov. 2), comes to Revolut from Molo,...


November 02, 2023
Fiserv: Collaboration and Communication Help FIs and FinTechs Navigate Uncertain...

The steady drumbeat of legislation and regulation echoes through federal buildings in Washington, D.C. and through state capitols across the country.  Kim Ford, senior vice president of government relations at Fiserv,...


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.