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.

J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
March 25, 2024  |  Travel Payments

Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster...

READ MORE >
Chime Plans to Launch IPO in US in 2025
Chime Plans to Launch IPO in US in 2025
March 22, 2024  |  IPO

Chime Financial reportedly plans to launch its initial public offering (IPO) in 2025. The FinTech company aims to do so in the United States but has...

READ MORE >
Thunes and Visa Expand Digital Wallet Partnership to Asia and Africa
Thunes and Visa Expand Digital Wallet Partnership to Asia and Africa
March 21, 2024  |  Digital Payments

Cross-border payments firm Thunes is expanding its partnership with Visa into Asia and Africa. The new collaboration, announced Thursday (March 21), will see Visa tap into Thunes’ network to...

READ MORE >
Small Business, Banks Embrace Credit Alternatives
Small Business, Banks Embrace Credit Alternatives
March 21, 2024  |  Loans

Banks — the stalwarts of traditional lending — are finding new channels and conduits to getting capital to borrowers, across alternative channels, and with FinTech...

READ MORE >
Navro Names PayPal Vet Colin Moss-Davies as Revenue Chief
Navro Names PayPal Vet Colin Moss-Davies as Revenue Chief
March 21, 2024  |  Personnel

British payments firm Navro has named a PayPal veteran to serve as its chief revenue officer. Colin Moss-Davies, PayPal’s former head of sales, was named to his new position...

READ MORE >
AutoSettle Launches Car-Buying Platform in Australia
AutoSettle Launches Car-Buying Platform in Australia
March 20, 2024  |  eCommerce

FinTech startup AutoSettle launched a platform to improve the vehicle-buying process in Australia. The platform is the world’s first virtual settlement exchange for cars and offers instant and...

READ MORE >
PayPal-Backed NX Technologies Raises $24 Million to Streamline Automotive Payments
PayPal-Backed NX Technologies Raises $24 Million to Streamline Automotive Payments
March 20, 2024  |  Investments

NX Technologies raised 22 million euros (about $24 million) in a Series B funding round led by PayPal Ventures. The company will use the capital to strengthen...

READ MORE >
Will Bumper Crop of IPOs Take Cue From Busted FinTech Offerings?
Will Bumper Crop of IPOs Take Cue From Busted FinTech Offerings?
March 20, 2024  |  IPO

Investors may be gearing up for an initial public offering (IPO) renaissance, but if PYMNTS’ FinTech IPO Index serves as any harbinger: Caveat emptor. There’s...

READ MORE >
M1 Finance FinRA Fine Highlights Regulators’ Move to Tighten Grip on ‘Finfluencers’
M1 Finance FinRA Fine Highlights Regulators’ Move to Tighten Grip on ‘Finfluencers’
March 19, 2024  |  Regulation

Social media platforms like TikTok have transformed into vital sources of financial information, particularly for millennials and Gen Zs, with nearly 80% of these demographics seeking advice...

READ MORE >