Expectations Low for Facebook’s Blockchain Initiative
Long-time fintech analysts have low expectations for Facebook's newly unveiled blockchain initiative to be headed by PayPal's former president. Further,...
Payments
AI and Lending Dominate Day 1 of Finovate
SANTA CLARA, Calif. - New takes on lending and underwriting dominated the opening day of demos at FinovateSpring 2018 here...
Facebook Goes Hard at Blockchain
Facebook has formed a team to tackle blockchain initiatives. And it has put the former PayPal President David Marcus in...
Mastercard’s PromptPay Hits 40M Users in Thailand (DEMO VIDEO)
Mastercard launched PromptPay, a P2P payments application, in January 2017 in Thailand. The app now has more than half of...
3 Fintech Startups to Watch in the SME Space
Fintech startups have taken note of the vast opportunity in the SME space, which has been underserved by banks since...
Zelle Passes on a POS Solution, For Now
Zelle is not working on a point-of-sale payments solution right now. “Zelle moved $25 billion last quarter,” said Norm Marraccini,...
Could Crowdfunding Create Competition for Digital SME Lenders?
Crowdfunding is on the rise. A recent report by Statista Digital Market Outlook shows that by 2022, crowdfunding could grow to...
Want Access to Chinese Remittances? You Need to Crack Alipay
With global remittances expected to grow by more than 4% this year, providers are utilizing mobile and other digital technologies...
Will Realtime Payments Push U.S. Banks Into an Open Banking Ecosystem?
Preparing for realtime payments has pushed U.S. banks to engage with APIs and open banking at a fundamental level. Look...
Payments Providers Are Lukewarm on Blockchain Technology
The ways businesses, consumers, and even banks make payments are changing, as technologies like realtime payments and APIs make it...
