October 23, 2023
Entersekt to Authenticate Plata’s Mexico Credit Card Offering
Mexican FinTech Plata chose Entersekt to provide authentication services for its new credit card. The partnership will allow for low-friction payment authentication with “risk-aware 3D Secure,” a burgeoning regulatory requirement,...
October 23, 2023
Buy Now, Pay Later Is Having Its Kleenex Moment
Kimberly Clark introduced Kleenex in 1924 as a product used by movie stars instead of face cloths to remove their makeup and keep their skin soft. The key selling point...
October 23, 2023
The New Challenges Facing Finance: Algorithms, Finfluencers and the Quest...
Financial discourse is in flux, driven in part by social media algorithms serving online content produced by digital personalities — so-called finfluencers — who are overshadowing traditional financial institutions (FIs)....
October 22, 2023
Report: Private Equity Firms Reconsider Potential Acquisition of Adevinta
Private equity firms Blackstone and Permira are reportedly reconsidering their potential acquisition of Oslo-based online classifieds company Adevinta. The potential deal, which would have been one of the year’s biggest buyouts, is being taken back...
October 22, 2023
Revolut’s Size Draws Regulatory Attention in UK Banking License Process
Revolut continues to navigate the complexities of obtaining a banking license in the United Kingdom. The digital banking services provider has encountered various challenges and delays in its regulatory journey, but...
October 20, 2023
Paytm Shrinks Losses as Loan Business Surges 64%
Indian mobile commerce and payments FinTech Paytm is seeing its expansion into new areas pay off. The company on Friday (Oct. 20) released quarterly earnings showing its revenues grow, driven in part by a...
October 19, 2023
Financial App Curve Selects Nuvei for Card Acquiring, Alternative Payments
Curve, a fast-growing financial app, has selected Nuvei, a Canadian FinTech company, to provide card acquiring and alternative payment methods (APMs) for consumer fund transfers to and from their Curve...
October 19, 2023
Circle Launches Tools for Web3 Developers, Smart Contracts
FinTech Circle has announced the beta launch of two Web3 Services products, Gas Station and Smart Contract Platform, aimed at simplifying blockchain experiences for developers and businesses. These offerings let...
October 19, 2023
Galileo Aims to Combat Fraud With Payment Risk Platform
Galileo Financial Technologies has unveiled its Payment Risk Platform to help combat fraud. The tool, announced Thursday (Oct. 19), is a “holistic fraud engine” offering real-time payment risk mitigation controls to FinTechs...
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.