FinTech

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

Visa, Froda and Lunar Launching Digital Solution for Small Business Loans
Visa, Froda and Lunar Launching Digital Solution for Small Business Loans
February 16, 2023  |  Loans

Visa, Froda and Lunar have partnered to launch a digital solution for business loans. With this collaboration, Nordic digital bank Lunar will be able to...

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Could Banks Win the Race to Fix Consumer Bill Pay?
Could Banks Win the Race to Fix Consumer Bill Pay?
February 16, 2023  |  Consumer Payments

Paying bills online shouldn’t be unnecessarily difficult. And yet, PYMNTS’ latest collaboration with Mastercard, “The One-Stop Bill Pay Playbook,” details just how much friction consumers...

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Consumers’ Trust in PayPal and Amazon to Store Credentials Grows, Putting Banks on Notice
Consumers’ Trust in PayPal and Amazon to Store Credentials Grows, Putting Banks on Notice
February 16, 2023  |  Security & Fraud

Consumers’ faith in their primary banks’ ability to store sensitive information safely may be slipping. Trust and security have long been key loyalty drivers for...

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PayPal Backs Australia’s BNPL Regulation Plans
PayPal Backs Australia’s BNPL Regulation Plans
February 16, 2023  |  BNPL

PayPal has lent its support to Australia’s planned buy now, pay later (BNPL) regulations. In a letter released Thursday (Feb. 16) as part of a government inquiry into...

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Interac Says Small Innovations Will Bring Outsized Digital Payments Benefit
Interac Says Small Innovations Will Bring Outsized Digital Payments Benefit
February 16, 2023  |  Opinion

Market disruptions, innovations and collaborations will continue to challenge traditional payment methods, Interac AVP Anurag Kar writes in the new PYMNTS eBook, “2023 Payments New...

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Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets
Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets
February 16, 2023  |  Digital Payments

The imbalance between payments issuance and acceptance is a major pain point in emerging markets. According to Islam Shawky, co-founder and CEO at Cairo-based digital...

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Spending App Wedge Debuts Visa-Powered Debit Card
Spending App Wedge Debuts Visa-Powered Debit Card
February 15, 2023  |  Payment Methods

Spending platform Wedge and Visa have launched a debit card tied to the Wedge app. Wedge announced the partnership in a Wednesday (Feb. 15) news...

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Limepay Rebrands as April and Sharpens Focus on Embedded Finance
Limepay Rebrands as April and Sharpens Focus on Embedded Finance
February 15, 2023  |  B2B Payments

Limepay has rebranded as April and will focus on embedded finance. The changes reflect the evolution of the FinTech which started as a white label...

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FinTechs Bring Payments Innovation to Connected Economy Leader Singapore
FinTechs Bring Payments Innovation to Connected Economy Leader Singapore
February 15, 2023  |  Connected Economy

The world’s most digitally connected country is also a lead innovator in facilitating international business payments. The PYMNTS Q3 2022 ConnectedEconomy™ Index, “How the World...

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