It rolled out a simpler tech stack with UPI Lite and introduced credit card linking, which can aid its global expansion efforts.Ìý
Fintechs and neobanks value banking licenses for functional reasons, but they might be seeking intangible benefits as well.
Two representatives introduced a house companion to the Credit Card Competition Act of 2022, showcasing a broader desire to reform card fees.
Watch the on-demand replay of our webinar, The Great Realignment, as our analysts showcase how ecommerce, social media, fintech, and more are being transformed amid the market turmoil of 2022.
Smarter subsidies and incentives for EV adoption: Global EV adoption targets require a monumental shift for consumers. The shift can be accelerated by incentives to help bring down initial costs.
US regional banks have grown to a size where an economic crisis would have lasting impacts. And EU banks are under review for potential energy-related losses.
Issuers may need to balance meeting lending demand and protecting their balance sheets as more consumers hold onto credit card debt for longer.
Goldman Sachs, JPMorgan, and Nomura have all expanded into NFTs.
Adyen will let its US merchants offer the payment method, which can help Block drive adoption as P2P growth slows.
Fintech valuations remained steady while crypto and blockchain deals jumped 75%.
The consumer watchdog plans to regulate BNPL providers similarly to credit card issuers following a nearly yearlong investigation.
Embedded-finance-driven business lending is expected to grow sixfold in the next five years.
Walmart and Target joined 1,600 merchants rallying around the divisive credit card routing bill—whose prospects aren’t bright.
Worldpay for Platforms offers embedded payment capabilities for software providers. Here’s why payment firms are targeting this group.
Global fintech investment fell 3% to $107.8B from a year before.
The ECB has reportedly written to banks asking them to look into the effects of Russia cutting off gas supplies to Europe.
The launch highlights Bread’s post-rebrand growth strategy, and diversified offerings should help Bread compete in the shaky BNPL market.
But they can take a page from the fintech handbook to maintain productivity and retain workers.
Revolut Pay lets customers earn cash back and claims to offer faster merchant payments. But does it stand a chance against the likes of PayPal?
Fintech firms continue infiltrating the banking sector, handling bank-related tasks with little to no oversight, and potentially perpetuating systematic risk.