FinTechs

ACI Worldwide Takeover Slowed by Banking Turmoil
ACI Worldwide Takeover Slowed by Banking Turmoil
May 11, 2023  |  Acquisitions

Motive Partners’ potential acquisition of payments company ACI Worldwide has reportedly run into some roadblocks. The private equity firm is still working on the purchase,...

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PYMNTS Intelligence: FinTechs Have an Opportunity to Improve Consumers’ Credit Capabilities
PYMNTS Intelligence: FinTechs Have an Opportunity to Improve Consumers’ Credit Capabilities
May 10, 2023  |  Financial Inclusion

With millions of Americans still struggling to access traditional credit options, achieving full financial inclusion will be neither quick nor easy. With an estimated 307...

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Less Than a Quarter of Credit Unions Offer Real-Time Payments, Disappointing Members
Less Than a Quarter of Credit Unions Offer Real-Time Payments, Disappointing Members
May 10, 2023  |  Credit Unions

Credit unions (CUs) may find attracting and retaining members challenging if they lag behind major banks and FinTechs in providing enhanced payment capabilities, such as...

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PYMNTS Intelligence: Partnerships and BaaS Are Powering a Digital Transformation
PYMNTS Intelligence: Partnerships and BaaS Are Powering a Digital Transformation
May 08, 2023  |  Digital-First Banking

Embedded finance is made possible by banking as a service (BaaS), a fee-based model that enables nonbanking entities to provide financial services to their customers through direct...

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FinTechs Clear Credit Path for 57% of Subprime Millennials
FinTechs Clear Credit Path for 57% of Subprime Millennials
May 08, 2023  |  Financial Inclusion

With concerns over the banking system dominating the news after the collapse of Silicon Valley Bank and others, it can be easy to lose sight...

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Ant Group Reportedly Won’t Get Financial Holding Company License for Months
Ant Group Reportedly Won’t Get Financial Holding Company License for Months
May 05, 2023  |  International

Ant Group may not see progress on its application for a license from China until the second half of the year or later. The Chinese...

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UK FinTechs Seek Government Support After SVB Collapse
UK FinTechs Seek Government Support After SVB Collapse
April 16, 2023  |  Startups

British FinTech startups are concerned their country has lost its standing in the financial world. According to a Saturday (April 15) report by the Financial...

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Report: Tech Funding Falls by 55% Amid Banking Crisis
Report: Tech Funding Falls by 55% Amid Banking Crisis
April 06, 2023  |  Investments

Funding to U.S. tech startups reportedly plummeted 55% during the first quarter of 2023. Those companies raised $37 billion in venture capital (VC) in the...

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80% of Larger FinTechs’ Customers Have ‘No Problems’ When Sending Money
80% of Larger FinTechs’ Customers Have ‘No Problems’ When Sending Money
April 03, 2023  |  Digital Banking

For FinTechs, the key to keeping customers lies with speed and ease, especially for money mobility. Mobility refers to money in and money out —...

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