By Jeff Domansky, March 18, 2021 Are you struggling to get approved for a credit card? Poor credit score or no credit history? Hate paying high credit card interest rates? That pretty much describes millions of young US consumers or new immigrants without a US ...
Read more
Banking
Banking
By Jeff Domansky, March 16, 2021 The payments and fintech world looks very different today after one year of Covid disruption. The pandemic’s economic, work and health impacts created a perfect storm of challenges, business opportunities, and the financial industry. As a result of massive ...
Read more
By Jeff Domansky, March 4, 2021 When it comes to business loans, non-bank lenders have jumped out ahead of traditional banks as the fintech revolution disrupts the financial services industry. Last month we analyzed PayPal’s outstanding 2020 financial results and its growth as the payments ...
Read more
By Jeff Domansky, March 3, 2021 Payment services company Square Inc. officially launched its bank yesterday. A year after Square Financial Services (SFS) received charter approval from the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions. Headquartered in Salt Lake City ...
Read more
By Jeff Domansky, Feb 26, 2021 The UK fintech business is big for a midsize nation. It contributes $15.5 billion to the UK economy annually and holds around 10% of the global fintech market. A new report on Britain’s fintech industry, commissioned by the Chancellor ...
Read more
By Jeff Domansky, Feb 1, 2021 Contactless payments are now approaching tsunami size. The latest Visa Back to Business Study shows just how far and fast adoption has occurred by merchants and consumers, even in the lagging US market. The research covered business and consumers ...
Read more
By Jeff Domansky Jan 26, 2021 US bank and credit union customers didn’t seem to miss visits and lineups at their favorite financial institution during the past year. In fact, in the space of 10 months during the pandemic, 42% of customers used mobile deposits ...
Read more
Greenwood founders (l to r): rapper Michael “Killer Mike” Render, Ambassador Andrew Young, Bounce TV founder Ryan Glover By Jeff Domansky, Jan 21, 2021 It’s only fitting that Atlanta-based digital bank Greenwood is building financial services for the Black and Latinx community, given its ownership ...
Read more
By Jeff Domansky, Jan 13, 2021 Walmart announced plans for a new fintech startup that could soon offer its 265 million weekly customers a basket of fresh new financial products like those available from other successful fintech startups. The announcement offered no initial details on ...
Read more
By Jeff Domansky, Nov 23, 2020 Visa and Conferma Pay, announced a strategic partnership to launch Visa Commercial Pay, a suite of B2B payment solutions designed to improve cash flow for businesses and eliminate outdated manual processes. Visa Commercial Pay provides comprehensive card-program management capabilities, including ...
Read more