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.

Nexi Picks Mastercard for European Open Banking Partnership
Nexi Picks Mastercard for European Open Banking Partnership
March 11, 2024  |  Partnerships

Nexi has chosen Mastercard to help it support open banking account-based payments throughout Europe. “Through this partnership, Mastercard Open Banking will facilitate e-commerce payments across Nexi’s gateways serving merchants across...

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Expense-Sharing Apps Adapt to Changing Relationship Dynamics
Expense-Sharing Apps Adapt to Changing Relationship Dynamics
March 08, 2024  |  financial apps

Budgeting and managing expenses are fundamental aspects of individual financial well-being.  However, when it comes to couples, these practices take on a heightened significance. Financial...

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MoneyLion Adds Premium Subscription, AI to Personal Financial Management Platform
MoneyLion Adds Premium Subscription, AI to Personal Financial Management Platform
March 07, 2024  |  Earnings

MoneyLion added a premium membership offering and artificial intelligence-powered search to its personal financial management platform. The additions are meant to support the growth of the...

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Embedded Finance Leads Treasury Management’s Digital Migration
Embedded Finance Leads Treasury Management’s Digital Migration
March 07, 2024  |  B2B Payments

Beyond monitoring the bank accounts, beyond the day-to-day ebb and flow of cash in the corporate coffers, treasurers’ roles are changing. And, increasingly, technology is...

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Sandbox-as-a-Service Poised to Remove Friction From Bank-Vendor Partnerships
Sandbox-as-a-Service Poised to Remove Friction From Bank-Vendor Partnerships
March 05, 2024  |  Banking

Few financial institutions (FIs) are choosing to develop technology in-house, indicating a growing reliance on third-party FinTechs to meet their needs. However, sifting through the...

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PNC Teams With Koxa to Offer Embedded Banking
PNC Teams With Koxa to Offer Embedded Banking
March 04, 2024  |  Banking

PNC has teamed with treasury platform Koxa to debut an embedded banking offering. The integration, announced Monday (March 4), is aimed at PNC clients that use the Workday...

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How WealthTech Firms Are Simplifying Investing for Tomorrow’s High-Net-Worth Individuals
How WealthTech Firms Are Simplifying Investing for Tomorrow’s High-Net-Worth Individuals
March 04, 2024  |  Consumer Finance

A staggering $84 trillion is the amount of cash and assets that Generation X, millennials and Gen Z consumers are set to inherit from older...

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Beforepay Debuts AI-Powered B2B Lending Tool
Beforepay Debuts AI-Powered B2B Lending Tool
March 04, 2024  |  B2B Payments

Australian FinTech Beforepay has launched a commercial version of its risk management and lending platform. Dubbed Carrington Labs, the new offering gives enterprise clients access to the...

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Consumers Like Open Banking Features, Now Banks and FinTechs Need to Deliver
Consumers Like Open Banking Features, Now Banks and FinTechs Need to Deliver
March 04, 2024  |  Banking

Last month, a top financial industry regulator voiced concerns that banking and FinTech collaborations might be “blurring the lines” between banking and commerce. According to...

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