The idea of deferred payments isn’t novel; installment payments historically catered to cash-strapped individuals. Credit cards, a standout 20th-century financial product, essentially function as a buy now, pay later mechanism. However, evolving user preferences, shaped by digital convenience, have altered…
Cryptocurrency and UPI stand as two of the world’s most innovative payment technologies. Cryptocurrency is a digital or virtual token, secured by cryptography, and not controlled by any government or financial institution. On the other hand, the Unified Payments Interface…
JPMorgan Chase is increasing its attractiveness to small business customers by preparing to provide digital payroll processing. According to Gusto CEO Josh Reeves, the bank has chosen San Francisco-based fintech company Gusto to supply the feature’s underlying technology. If you…
After three years of development, Danske Bank is finally launching a B2B business intelligence service that helps clients monitor the financial health of their clients. This service was created in collaboration with Axeptia Credit Intelligence. Following a pilot trial period…
The FedNow Service is set to launch in July 2023, and FinTech Automation announces its participation as a provider of enabling financial technology for payments processing. The FedNow Service will be launched in stages beginning in July 2023, and FinTech…
In Singapore’s Punggol Digital District (PDD), UOB will invest S$500 million to create a new global technology and innovation centre. As a result of the commitment, UOB, which is currently the largest commercial investor in PDD, is the first local…
Eleven former Silicon Valley Bank technology dealmakers, including a fintech and payments expert, have joined the investment bank Moelis & Company. The boutique firm doubled the size of its technology investment banking team in order to pounce on the group…
The European Payments Initiative, a bank-backed initiative originally created to create a competitor to Mastercard and Visa in Europe, will purchase the Dutch payment system iDeal and Payconiq, a mobile payments app backed by a number of Belgian and Dutch…
Using the iPhone’s Tap to Pay feature, GoDaddy’s mobile app enables millions of small businesses to quickly accept contactless payments. GoDaddy, Inc. (NYSE: GDDY), a business that supports thriving entrepreneurs, recently lowered the barrier for millions of small businesses to…
With more than 5.5 million customers, the top payments platform Wirex has introduced Wirex Private. Aimed at Wirex’s expanding group of wealthy customers, it will provide a high-end service with exceptional levels of support and special benefits at no extra…
