PYMNTS-MonitorEdge-May-2024

FinTech

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

Post-Purchase Financing Ushers In a New Era of Lending
Post-Purchase Financing Ushers In a New Era of Lending
April 01, 2024  |  BNPL

The cart doesn’t lead the horse, which is why payments innovations tend to check the boxes that end users need most. And sometimes the smallest...

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Capital A to Integrate Ant International’s Payment Orchestration Services
Capital A to Integrate Ant International’s Payment Orchestration Services
March 29, 2024  |  Payment Methods

Ant International and AirAsia owner Capital A Berhad are exploring ways to integrate more local payments methods and payment orchestration services into Capital A’s platform....

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For Banks to Compete With FinTechs, They Need to Act Like One
For Banks to Compete With FinTechs, They Need to Act Like One
March 28, 2024  |  Banking

The financial services landscape is an inherently customer-centric one. Within it, the winds of change around customer behavior and expectations about their banking relationships and...

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Banks Need to Copy eCommerce’s ‘Friction-Free’ Experiences
Banks Need to Copy eCommerce’s ‘Friction-Free’ Experiences
March 27, 2024  |  Banking

Eric Foust, VP of Banking Partnerships, North America at Trustly, said that in the wake of the pandemic, consumers are looking toward banks to deliver the...

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As Chime Mulls IPO, Neobanks Grapple With Uneven Profitability
As Chime Mulls IPO, Neobanks Grapple With Uneven Profitability
March 26, 2024  |  Digital Banking

As they say in horse racing and on Wall Street: You pays your money and you takes your choice. The news that Chime Financial is mulling an...

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Credit Unions Cure Churn With Enterprise Focus on Innovation
Credit Unions Cure Churn With Enterprise Focus on Innovation
March 26, 2024  |  Credit Unions

In a world where big banks have long dominated the financial landscape, a quiet revolution is underway. Credit unions (CUs), those member-owned financial cooperatives that...

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Brazilian FinTechs Under Pressure as Delinquency Rates Soar
Brazilian FinTechs Under Pressure as Delinquency Rates Soar
March 25, 2024  |  Loans

Brazilian FinTech firms are reportedly grappling with a surge in loan defaults, leading to a crisis in the asset-backed credit market. The delinquency rates on...

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Restaurant POS System Provider Lightspeed Considering Going Private
Restaurant POS System Provider Lightspeed Considering Going Private
March 25, 2024  |  Business

Lightspeed, which provides point-of-sale (POS) systems to restaurants, is reportedly considering going private. The firm went public five years ago but Dax Dasilva, interim CEO...

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The Innovation Imperative for Banks Starts With Personalized Digital Experiences
The Innovation Imperative for Banks Starts With Personalized Digital Experiences
March 25, 2024  |  Digital Banking

The traditional banking model and business roadmap for financial institutions needs future-proofing. Across today’s financial services landscape, digital increasingly rules the roost — making prioritizing...

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