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.

FinTech IPO Index Skids 6.6% as Platforms Plunge Double Digits 
FinTech IPO Index Skids 6.6% as Platforms Plunge Double Digits 
January 19, 2024  |  Fintech Investments

The Fed may not cut rates as soon as many on Wall Street would have hoped. And that means, at least for now, dampened enthusiasm...

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Cybrid Adds B2B Payment Capabilities to Embedded Finance API Solutions
Cybrid Adds B2B Payment Capabilities to Embedded Finance API Solutions
January 18, 2024  |  B2B Payments

Cybrid, a provider of embedded finance application programming interface (API) solutions, has expanded its Fintech API platform to include business-to-business (B2B) payments. This move is...

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AI Poised to Drive Small Business Lending Decisions
AI Poised to Drive Small Business Lending Decisions
January 17, 2024  |  SMBs

Small- to medium-sized businesses (SMBs) are, by definition, firms with the most potential to grow. But, somewhat counterintuitively, SMBs also represent a category most likely...

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TessPay Simplifies Financial Management for Affordable Connectivity Program Participants
TessPay Simplifies Financial Management for Affordable Connectivity Program Participants
January 17, 2024  |  Technology

TessPay, a FinTech company specializing in blockchain technology for secure financial transactions, has upgraded its platform to boost access to affordable connectivity. These enhancements aim...

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The Value of Turning Receipts Into Rewards in Real Time
The Value of Turning Receipts Into Rewards in Real Time
January 17, 2024  |  Data

Two key words for the payments landscape in 2024 include personalization and embedded. Banyan’s platform is helping merchants, banks and FinTechs navigate both. “It is...

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High Circle, FirstBank and Treasury Prime Partner on Banking-as-a-Service Solutions
High Circle, FirstBank and Treasury Prime Partner on Banking-as-a-Service Solutions
January 16, 2024  |  Partnerships

High Circle has partnered with FirstBank on a solution that blends FDIC insurance, competitive interest rates and luxury rewards. This strategic partnership is powered by Treasury Prime, an embedded...

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Galeries Lafayette UAE Partners With Nuvei to Optimize Payment Flow
Galeries Lafayette UAE Partners With Nuvei to Optimize Payment Flow
January 16, 2024  |  Partnerships

Galeries Lafayette UAE, a subsidiary of French Department Stores LLC, has partnered with Canadian FinTech company Nuvei to enhance its eCommerce platform’s payment flow. This strategic...

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Revolut Partners With Tech Firm Jabil to Scale Development of Mobile POS
Revolut Partners With Tech Firm Jabil to Scale Development of Mobile POS
January 15, 2024  |  Partnerships

Technology firm Jabil is helping Revolut scale the production of its mobile point-of-sale system. Revolut debuted its Revolut Reader in 2022, letting merchants accept in-store...

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EU Consumers Say They’d Rather Card Networks Than Banks Deliver Their Everyday App
EU Consumers Say They’d Rather Card Networks Than Banks Deliver Their Everyday App
January 15, 2024  |  Consumer Insights

Globally, the increasing reliance on apps and connected devices has led to growing consumer demand for an everyday app that seamlessly integrates banking, shopping and...

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