Fintech/page/89 news and trends

Visa Invests in Four African FinTech Startups From Accelerator Program
VISA // November 06, 2024

Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s dedication to driving digital innovation within Africa, according to a Wednesday (Nov. 6) news release emailed to PYMNTS. In doing...

Matera CEO Thinks US Banks Should Take a Page From Brazil’s Success With Pix and...
Payments Innovation // November 06, 2024

Digital transformation for banks and credit unions in the U.S. is ripe with opportunities, some of which can strengthen customer relationships in ways that only a few years ago would have been scarcely imaginable. With the help of artificial intelligence (AI), direct connections and instant...

Earnings Spotlight FinTech Platforms’ Progress in Speeding Banking’s Digital Shift
Digital Banking // November 05, 2024

Digital transformation holds promise for banks, but it could also give them pause. The traditional route, upgrading legacy systems and on-premise technology — going it alone, so to speak — is rife with friction and heavy upfront investment. There’s a long runway in tailoring online...

IBC Integrates Finata Commercial Lending Offering to Bolster Digital Banking
Partnerships // November 05, 2024

IBC Bank has launched a partnership with commercial lending FinTech Finanta. “By integrating Finanta’s advanced commercial lending platform, IBC Bank will accelerate its digital transformation in commercial lending and unleash incremental business value,” the companies said in a news release Tuesday (Nov. 5). As part of the partnership, Finanta...

Interviews & Exclusives
Navigating the Future of B2B: Collaboration, Innovation and Risk Management

November 08, 2024
Teamwork makes the dream work, especially when that dream is better B2B payments. With FinTech innovators increasingly pairing up with secure and reliable financial institutions, the future looks bright. Tribh Grewal, head of FinTech partnerships at Discover® Global Network, and Jonathan Vaux, head of propositions and partnerships at Thredd, discussed with PYMNTS how FinTechs and […]

Matera CEO Thinks US Banks Should Take a Page From Brazil’s Success With Pix and...

November 06, 2024
Digital transformation for banks and credit unions in the U.S. is ripe with opportunities, some of which can strengthen customer relationships in ways that only a few years ago would...

Giving Credit Unions Credit: Bright Future for ‘Little Guys’ of Banking

November 05, 2024
Bigger doesn’t always mean better across financial services — especially when it comes to innovation. And as financial technology reshapes the payments industry, even smaller, regional credit unions are finding...

Rule 1033 Explained: How the CFPB’s Data Sharing Standards Could Reshape Banking

November 05, 2024
The Consumer Financial Protection Bureau’s finalized rule on data sharing has its share of supporters and detractors. Those in favor of the new mandates — and as described by the...

Quick Reads
Visa Invests in Four African FinTech Startups From Accelerator Program

November 06, 2024
Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s dedication to driving digital innovation within Africa, according to a Wednesday (Nov. 6) news release emailed to PYMNTS. In doing so, the payments giant aims to foster the development of […]

IBC Integrates Finata Commercial Lending Offering to Bolster Digital Banking

November 05, 2024
IBC Bank has launched a partnership with commercial lending FinTech Finanta. “By integrating Finanta’s advanced commercial lending platform, IBC Bank will accelerate its digital transformation in commercial lending and unleash incremental business...

Affirm Begins Rollout of Pay-Over-Time Options in UK

November 03, 2024
Affirm launched its pay-over-time options in the United Kingdom. The company will initially offer its interest-free and interest-bearing monthly payment options, with any interest applied being fixed and calculated solely...

Mexican Banking FinTech Klar Aims for 2026 IPO

November 03, 2024
Mexican FinTech Klar is reportedly aiming to go public at the end of 2026. Juan Sarmiento, the company’s vice president of finance, told Bloomberg News Saturday (Nov. 2) that Klar...