A new private sector-led body has been launched in the United Kingdom to nurture the country’s FinTech ecosystem. The Center for Finance, Innovation and Technology (CFIT) announced in a Tuesday (Nov. 8) press release that Charlotte Crosswell, who will soon be stepping down as chair...
The pandemic ushered in a receivables revolution as disruption forced an “innovate or perish” urgency in cash management, money movement, payout options and related fraud risk. As part of PYMNTS’ monthlong series of discussions around the digital transformation of business, we invited Abhishek, global head...
Collaboration between retailers, financial institutions (FIs) and FinTechs powers the rich, seamless commerce and banking experiences today’s digitally-savvy consumers expect. Often, this includes leveraging the full value of item-level receipt data in a simple, secure way to better engage with merchants and consumers. PYMNTS’ research...
Aiming to make Zanzibar a home for tech companies from Africa and around the world, B2B eCommerce marketplace Wasoko has partnered with the Zanzibar government to open an innovation hub on the island. The Wasoko Innovation Hub is a private-public partnership that is part of...
The Ministry of the Economy and Innovation of the Republic of Lithuania will make about €600 million ($602.5 million) available in the next few years to help bolster innovation, starting this autumn. In an agency blog post published Aug. 17, Minister of the Economy and...
As food prices skyrocket, consumers are shifting their meal spending from restaurants to grocery stores, and Instacart is doing everything in its power to accelerate that shift. Instacart announced Thursday (Aug. 4) that it is integrating catering software subsidiary FoodStorm’s technology into its app to...
FinTech platform Synctera has launched Ground Control, a banking and compliance program designed to help creators of financial products ensure they are meeting banking and financial regulatory obligations. Ground Control gives FinTech builders the choice of having compliance tasks managed by Synctera, including know your...
Rumors that Elon Musk has been spotted squiring a “Barbie” around Los Angeles and San Francisco sounded catty and mean until a recent bit of news made the picture clearer, like the time they had to basically put eyeglasses on a near-sighted Hubble Space Telescope....
More than 20 years before his passing last week at the age of 93, Visa founder and CEO Emeritus Dee Hock wrote a book that is an apt summation of where we are today. “The Birth of the Chaordic Age.” If your mind’s eye incorrectly...
