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With new RBC analysis suggesting that the US buy now, pay later market is set for explosive growth, Visa says issuers, acquirers and fintechs are snapping up its instalment payments technology.
27 October 2021
European fintech funding rebounded from its pandemic lull in the first half of 2021, according to a Finch Capital report which nevertheless warns that the boom could stall again next year.
19 October 2021
Analysts at Wells Fargo predict that over 100,000 banking jobs could be displaced by technology over the next five years.
04 October 2021
Visa is working on a 'universal payment channel' (UPC) that enables interoperability between different digital currencies such as CBDCs and private stablecoins.
30 September 2021
A prototype of multiple central bank digital currencies (mCBDCs) developed by the Bank for International Settlements and four central banks has demonstrated the potential of using digital currencies and distributed ledger technology (DLT) for cheaper and safer cross-border payments and settlements.
28 September 2021
Australian buy now, pay later platform Zip has invested $50 million in Indian BNPL firm ZestMoney, amid predictions that the subcontinent will emerge as the largest market in the world for credit-on-tap over the next five years.
23 September 2021
Global investment in fintech bounced back strongly in the first half of 2021, hitting $98 billion with a record number of deals, according to KPMG.
10 August 2021
Federal Reserve governor Christopher Waller is the latest central bank bigwig to pour cold water on CBDCs, declaring himself "highly sceptical" that there is a compelling need for a digital dollar.
06 August 2021
Fintech firms have been missing a trick by largely ignoring the fastest growing and wealthiest demographic - the over 50s, says VC QED Investors.
29 July 2021
As the Financial Conduct Authority gears up for a consultation on regulating the buy now, pay later market, the Coalition for a Digital Economy (Coadec) has set out its proposal for a "robust and proportionate" framework.
26 July 2021
78% of small and medium-sized enterprises (SMEs) call for digital transformation of banking to be balanced with a human element, finds new research conducted by Cynergy Bank.
07 July 2021
The Federal Reserve's supervision chief has become the latest central bank bigwig to weigh in on CBDCs, comparing them to the parachute pants made famous in the 1980s by MC Hammer - a fad that could in future seem embarrassing.
30 June 2021
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