One of the themes in PYMNTS’ monthly “What’s Next in Payments” series is that the Banking-as-a-Service (BaaS) model is under pressure right now. Synapse declared...
MoneyLion has appointed Pinterest and Google veteran Jon Kaplan as its first chief revenue officer (CRO). In his new position, Kaplan will focus on expanding...
It’s one step up and two steps back in the case of Synapse Financial’s bankruptcy, with the court-appointed trustee reporting progress Friday (June 21) in...
Asian digital payments provider Pine Labs is reportedly considering a $1 billion initial public offering (IPO) in India, seeking a valuation of $6 billion. The company...
Both the banking and business landscape are being reshaped by next-generation behavioral expectations. In order to meet these emerging end-user expectations, which tend to center...
Revolut is reportedly planning a share sale and seeking a valuation that would be close to that of Lloyds Banking Group. The British FinTech is...
For traditional financial services players, core banking beckons as a way to enable other financial firms — banks and FinTechs included — to set up...
For banks, forging partnerships with nonbanks and FinTechs has been a key way to capitalize on growth opportunities in private credit. But the increasing connectedness...
Adyen and SumUp have partnered to enable accelerated settlements for small businesses in Europe and the United Kingdom. This partnership expands the availability of SumUp’s...