As inflation remains stubbornly in place and credit gets ever more expensive, credit unions may have a secret weapon. Scott Young, managing VP of Emerging Services at PSCU, told PYMNTS that credit unions (CUs) stand to benefit from their lending operations, appealing to critical demographics,...
Following a years-long venture capital (VC) bull market that saw FinTech startups raise billions of dollars in funding, the challenging macroeconomic market has led to a sharpened focus on belt-tightening, with firms now under mounting pressure from investors to have a clearer path to profitability....
There’s a reason that business processes get the “consumer” treatment, not the other way around. And it isn’t just because the cart can’t drive the horse. As it relates to end-user purchasing experiences, “[those of] consumers are just dramatically more streamlined than the experience business...
FinTechs are facing an existential crisis now that the age of easy access to capital is over. Investors — running the gamut from private venture capital firms to Wall Street activist investors and retail masses — are demanding to see profits. Sustainable black ink on...
July 17, 2023
As inflation remains stubbornly in place and credit gets ever more expensive, credit unions may have a secret weapon. Scott Young, managing VP of Emerging Services at PSCU, told PYMNTS that credit unions (CUs) stand to benefit from their lending operations, appealing to critical demographics, at the right time, with the right offers. As joint […]
July 13, 2023
Following a years-long venture capital (VC) bull market that saw FinTech startups raise billions of dollars in funding, the challenging macroeconomic market has led to a sharpened focus on belt-tightening,...
June 30, 2023
There’s a reason that business processes get the “consumer” treatment, not the other way around. And it isn’t just because the cart can’t drive the horse. As it relates to...
March 01, 2023
Digital wallets are helping to create a faster, more expedited checkout for consumers. As financial institutions (FIs) and tech companies battle for market share and compete to bring their offerings...
July 16, 2019
Apple is reportedly planning to fund a set of exclusive podcasts for its audio service in a bid to compete with Spotify and Stitcher. Sources told Bloomberg that the move aims to “keep competitors Spotify and Stitcher at bay” via the funding of specific podcasts from media companies, as well as through exclusive deals. Executives […]
March 26, 2019
Spotify Technology, producer of the audio streaming subscription service, announced Tuesday (March 26) it is acquiring Parcast, a storytelling-driven podcast studio, for an undisclosed sum. In a press release, Spotify said...
July 27, 2018
Spotify’s second quarter as a public company shows that it has increased its paid subscriptions by 40 percent, but it lost $458 million in revenue. According to reports, Spotify now...
October 17, 2017
Might seamless cross-border payments be among the holy grails of payments? Think of the complexities: multiple currencies, time zones, financial institutions, regulations … the list goes on. Speed and simplicity...
