It has been a wild ride for many companies that come under the heading ‘“FinTech.” Case in point: MoneyLion. Just a year ago the company was a neobank struggling under a $9 million loss for Q1 2023. Fast forward a year and the data-driven financial...
In biology, a synapse is essentially a conduit, a place in the brain where neurons connect and communicate. In financial services, the recent news that TabaPay would be ending its planned acquisition of the FinTech Synapse Financial Technologies brings to mind a different type of...
Open banking is empowering consumers and the businesses they work with to adapt amid uncertainties, Trustly founder and CEO Alex Gonthier writes in the new PYMNTS eBook, “The Implications of Uncertainty.” The economy is still feeling the aftermath of the pandemic, which completely disrupted...
The financial services industry tends to think at opposite ends of the spectrum when it comes to business customers. Solutions providers, banks and credit card companies tend to pay a lot of attention to small business, as they do during the current Small Business Week (April 28 –...
May 03, 2024
Open banking is empowering consumers and the businesses they work with to adapt amid uncertainties, Trustly founder and CEO Alex Gonthier writes in the new PYMNTS eBook, “The Implications of Uncertainty.” The economy is still feeling the aftermath of the pandemic, which completely disrupted the way we live and work. The outbreak of war […]
April 30, 2024
The financial services industry tends to think at opposite ends of the spectrum when it comes to business customers. Solutions providers, banks and credit card companies tend to pay a lot of...
April 29, 2024
With the right technology, businesses can unlock critical insights hidden in their own customer data, Galileo CEO Derek White writes in the new PYMNTS eBook, “The Implications of Uncertainty.” ...
March 28, 2024
For decades, consumer expectations around the convenience and always-on capabilities of their financial services could not be met. The typical Monday-through-Friday banking hours and 4 p.m. branch closings have made...
April 24, 2024
Today’s customers of the FinTech industry are no longer asking just for ways to accept online payments; they’re asking for “software-defined financial services.” So said Stripe co-founders Patrick Collison and John Collison Wednesday (April 24) during the opening keynote of the company’s annual user conference held in San Francisco. While they founded Stripe in 2009 to enable the acceptance of online […]
April 23, 2024
Banking software company Temenos has appointed Jean-Pierre Brulard as CEO, effective May 1. Brulard will succeed Andreas Andreades, who will retire from the company, Temenos said in a Tuesday (April...
April 04, 2024
The technology, government and financial sectors made the greatest number of job cuts during the first quarter. Across all industries, U.S. employers announced 257,254 job cuts during the quarter, Challenger,...
April 01, 2024
Japanese conglomerate Rakuten is considering merging its financial operations into one unit. The plan, announced Monday (April 1), would consolidate the company’s bank, insurance, securities, and card company and other...
