In 2023, the FinTech landscape experienced a transformative surge of innovations, reshaping financial technology from its core. These advancements, spanning cutting-edge technologies and the evolution of business models, have ignited a pivotal shift that goes beyond mere functionality, altering how financial services are accessed and...
From buy now, pay later (BNPL) to credit card installments, there are diverse credit and lending products available to consumers today. However, for two-thirds of the world’s population, particularly in emerging markets, access to formal credit can be extremely challenging, if not impossible, says Kunal...
International banking group Standard Chartered Americas has announced a trade finance partnership with financial services company Truist Bank. This strategic collaboration aims to strengthen trade finance capabilities in emerging markets and enhance Truist clients’ ability to conduct global business, the companies said in a Wednesday (Sept. 20) press...
Forging a 21st century commerce ecosystem on a global scale means changing consumer behavior, and merchant mindsets, particularly in markets where digital remains a small fraction of how consumers and merchants shop and pay. It’s also an enormous opportunity for PayFacs to accelerate adoption and...
December 28, 2023
In 2023, the FinTech landscape experienced a transformative surge of innovations, reshaping financial technology from its core. These advancements, spanning cutting-edge technologies and the evolution of business models, have ignited a pivotal shift that goes beyond mere functionality, altering how financial services are accessed and utilized. In a recent interview with PYMNTS, Jori Pearsall, chief business […]
October 18, 2023
From buy now, pay later (BNPL) to credit card installments, there are diverse credit and lending products available to consumers today. However, for two-thirds of the world’s population, particularly in...
March 27, 2023
With the first quarter of 2023 almost a wrap and many developed markets stuck in the latest crisis — collapsing banks — a lot of the smart money is focusing where...
December 29, 2022
Global economic volatility and recession risk test the business resilience of startups. But for firms in emerging markets across Africa and the Middle East, the macroeconomic impact on business growth...
February 26, 2024
Visa has teamed with the GSMA Mobile for Development Foundation to improve financial inclusion. The newly announced Digital Finance for All (DFA) Initiative is aimed at helping 20 million people in low- and middle-income countries in Africa, Asia and Latin America, including women, small-holder farmers (SHFs), and nano, micro and small enterprise (NMSE) owners, Visa said Monday (Feb. 26). […]
September 20, 2023
International banking group Standard Chartered Americas has announced a trade finance partnership with financial services company Truist Bank. This strategic collaboration aims to strengthen trade finance capabilities in emerging markets and enhance Truist...
February 27, 2023
Miami-based trade finance platform Marco said Monday (Feb. 27) that a fresh $200 million credit line as well as an $8 million equity investment would enable it to pursue rapidly...
February 28, 2020
WhereIsMyTransport, a mapping startup that works to outline public transport routes in emerging markets, has raised $7.5 million in a Series A funding, according to a report by TechCrunch. The...
