Technology

Technology
Today in FinTech: Concessions Go Digital; Donor Payments Firm Mulling Buyers; Branded Cards Hit Europe
May 25, 2022

In today’s FinTech news, MLB and NFL stadiums are moving forward with grab-and-go kiosks, while donor payments firm PushPay is considering buyers. Plus, Paddle makes its first acquisition. MLB, NFL Venues Digitize Concessions With Next-Gen Self-Service Retail technology company Gallery Carts is teaming up with...

Technology
5G Networks for Enterprises Deliver Savings, Revenue, New Experiences
May 24, 2022

When the SailGP global sail racing league wanted to transfer data from its fleet of F50 foiling boats to enhance the broadcast of the race to fans, it had a challenge. It would have to transfer 240,000 data points per second from Internet of Things...

Technology
Today in TechREG: ECB Warns Crypto Could Shake Financial Stability
May 24, 2022

On Tuesday (May 24), the European Central Bank (ECB) published a report flagging possible financial stability risks in the future if crypto assets continue to grow at the same pace. A group of EU lawmakers are using a week without parliamentary sessions to travel to...

Technology
PYMNTS AM Radar: Stability Shakeup; FedNow Pre-Launch; Nursing Payments; Better Billing; ICYMI
May 24, 2022

It’s Tuesday (May 24), and there is a global shortage of 43 million healthcare workers. Meanwhile, the rare monkeypox virus is starting to make headlines, Airbnb is leaving China, the World Economic Forum is in full swing, President Biden is in Tokyo, and G-7 nations...

Technology
‘Smart Industrial Strategy’ Boosts Efficiency of Farm, Construction Equipment
May 23, 2022

Facing labor shortages and rising costs, businesses that use heavy equipment are adopting a “smart industrial strategy” that uses technology to boost productivity. In farming, construction and forestry, for example, software platforms and semiautonomous features that have been added to the equipment are enabling the...

Technology
Today in FinTech: Airtel Africa’s SmartCash Launches; OPay, Mastercard Team for Financial Inclusion
May 19, 2022

In today’s FinTech news, SmartCash Payment Service Bank, a unit of Airtel Africa, brings digital financial services to Nigeria, while OPay and Mastercard partner to boost financial inclusion. Plus, Walmart-owned PhonePe steps up the competition against Google, Amazon and others in India with new acquisitions....

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Stripe Debuts Data Pipeline Tool for Data Synchronization
May 18, 2022

Stripe, a financial infrastructure platform for businesses, is debuting a new tool called Stripe Data Pipeline to help consolidate data with Amazon Redshift or Snowflake Data Cloud. According to a press release Wednesday (May 18), the platform syncs Stripe data with those two platforms so...

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Surecomp Launches API Trade Finance Platform
May 18, 2022

Trade finance solution provider Surecomp is launching an application programming interface (API)-based trade finance platform designed to create a collaborative ecosystem of corporates, financial institutions and FinTechs.  Called RIVO, the platform enables collaboration between corporates and financial institutions for “centralized visibility of credit lines and...

Technology
Today in TechREG: SEC’s Gensler Asks Congress for Additional Funds; UK Regulator Steps up Efforts...
May 18, 2022

Today in TechREG, the chair of the U.S. Securities and Exchange Commission (SEC) urged Congress to increase the agency’s budget to hire more staff to implement its enforcement and rulemaking plans on crypto and artificial intelligence (AI). Additionally, the chair of the Commodities Future Trading...