1068 Results from 2020
Nicholas Bradford Associate Global Product Marketer at Euronet Software Solutions
Who doesn’t love cookies? There are so many different kinds: chocolate chip, oatmeal, peanut butter, internet… wait, what? In the banking and payments sectors, we’re always thinking about security. Both GDPR and the new California Privacy Rights and Enforcement Act of 2020 revolve around consumer security, and as many of us are now working from ...
30 June 2020 /security /payments
Amita Choudhary Marketing Manager at Princeton Growth Accelerator
The world is already feeling the impact of the Coronavirus pandemic in many ways, and there are various predictions about what else might come in the near future. One thing is certain though – this is not just a passing situation at this point, and it will have some very real repercussions for everyone. Startups in particular seem to be getting af...
30 June 2020 /covid-19 Whatever...
Joris Lochy Product Manager at Intix | Co-founder at Capilever
Marketplaces are hip and trendy on the internet and will likely evolve even more in the near future. In some markets (like food delivery, transportation, commerce, holiday…) they already represent double digit market shares (e.g. in 2018 $1.86 trillion was spent globally on the top 100 online marketplaces), but for the financial services sector, ...
30 June 2020 /devops /markets Open Banking
Retired Member
PSD2 obliges ASPSPs including banks, e-wallets, prepaid cards and other companies that offer payment accounts to provide at least one channel for secure communication with third party providers (TPP). Even neobanks or e-money institutions, including their agents, have to provide such channels with sandbox environments published 6 months before goi...
30 June 2020 /payments /regulation Open Banking
Instant payments are the ‘new normal’. The last decade saw a ramp-up in adoption as regulation, customer expectation and technology dovetailed to create immediate, 24/7 demand for financial services. This means that banks and payment service providers (PSPs) who rely solely on speed of payments as a competitive differentiator will struggle to get a...
30 June 2020 /payments The Payments Business
Hannes Van Rensburg Chief Commercial Officer at Clickatell
There were some high profile announcements of WhatsApp payments available in Brazil (https://tcrn.ch/3dzlnC9) recently. Anybody interested in chat commerce sat up and took notice. Some also tried out Facebook Pay, the payments service WhatsApp owner Facebook launched last year. I can say with some certainty, we all were excited about the possibili...
Joey Kim
Rising unemployment, small business failures, and impending recession pose an existential threat to marketplace lenders who take risks to accurately identify creditworthy borrowers underserved by traditional financial institutions. Within weeks of lockdowns that swept across the globe in March, LendingClub laid off 30% of its staff, Kabbage stopp...
30 June 2020 /startups /covid-19 Fintech innovation and startups
Béla Vér Founder and CEO at ApPello
The SME segment is the backbone of the economy. According to the Federation of Small Businesses there were 5.8 million small businesses at the start of 2019 and SMEs accounted for 99.9 per cent of the business population. A recent COVID-19 survey of UK SMEs conducted by McKinsey (2020), shows more than half view the country’s economy as very or e...
30 June 2020 /retail /covid-19 Fintech
Conchur Gill Associate Partner, Payments at Be | Shaping The Future
RBS’s recent announcement that it will close its ‘green-field’ challenger bank Bó did not surprise many in the FinTech industry. The writing had been on the wall for some time. The digital-only bank may have been troubled with leadership changes and forced to reissue cards in early 2020, but the main problem that caused its downfall was the lack o...
29 June 2020 /payments /retail Fintech
Konstantin Rabin Head of Marketing at Kontomatik
Financial Technology or Fintech is having a major impact on the world right now. These are the companies directly competing with the traditional financial service providers trying to come up with more efficient, faster, and more transparent services all across the globe. Japan is the third-largest economy in the whole wide world. Tokyo being the m...
29 June 2020 /inclusion Fintech
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.