MoneyLion launched a partnership with YouTube superstar Jimmy Donaldson, better known as “MrBeast.” The FinTech is partnering on “Beast Games,” a new competition series by MrBeast that premiered on Prime Video Thursday (Dec. 19), according to a press release issued the same day. MoneyLion is...
Mastercard has launched a digital payments-focused partnership with Türkiye-based FinTech company Dgpays. The collaboration is aimed at promoting the adoption of digital payment solutions for consumers and businesses in Eastern Europe, the Middle East and Africa (EEMEA), per a Wednesday (Dec. 18) news release. As part of...
British financial institution Salad Money has named Klarna’s former U.K. CEO to chair its board. Alex Marsh, whose appointment was announced Wednesday (Dec. 18) in a news release provided to PYMNTS, succeeds Sir Tim Melville-Ross, who has held the chair position since Salad launched in...
Morgan Stanley will offer its clients high-speed cross-border settlements through Wise Platform. The investment bank tapped this solution from Wise, a global technology focused on money movement, to facilitate foreign exchange international settlement for its corporate and institutional clients, the companies said in a Tuesday...
December 17, 2024
The insurance industry has faced challenges in implementing real-time payouts due to high costs and transparency issues, despite the potential benefits for insurers and customers, such as reduced delays and improved satisfaction. According to a PYMNTS Intelligence report, “Real Time Matters: The Imperative for Instant Disbursements for Insurance,” a collaboration with Ingo Payments, smaller insurers […]
December 13, 2024
No business wants to get paid slower. No one wants to park their financial operations with a larger company. And no one wants to pay more fees for banking and...
December 10, 2024
Several watchdogs and agencies are sharpening their gaze on FinTechs, specifically bank-FinTech relationships and the risks tied to those partnerships. In July, the Board of Governors of the Federal Reserve...
December 10, 2024
A wave of funding rounds over the past several months is giving challenger banks fresh financial firepower to position themselves as alternatives to traditional banks, mainstays of financial services that...
December 19, 2024
PayRetailers, a payments processor serving Latin America and Africa, acquired business payments FinTech Transfeera. The deal was approved by the Administrative Council for Economic Defense (CADE) and the central bank in Transfeera’s home country of Brazil (BCB), the companies announced in a Thursday (Dec. 19) news release provided to PYMNTS. “The transaction is part of […]
December 19, 2024
MoneyLion launched a partnership with YouTube superstar Jimmy Donaldson, better known as “MrBeast.” The FinTech is partnering on “Beast Games,” a new competition series by MrBeast that premiered on Prime...
December 18, 2024
Mastercard has launched a digital payments-focused partnership with Türkiye-based FinTech company Dgpays. The collaboration is aimed at promoting the adoption of digital payment solutions for consumers and businesses in Eastern Europe, the...
December 18, 2024
British financial institution Salad Money has named Klarna’s former U.K. CEO to chair its board. Alex Marsh, whose appointment was announced Wednesday (Dec. 18) in a news release provided to...