Fintech

Fintech

global POS loans market equals $6 trillion
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Point-of-sale finance competition growing fast

The checkout line is getting crowded with point-of-sale (POS) finance competitors each looking for a slice of the consumer lending market with the help of innovative technology and platforms. Filene Research Institute estimates the annual size of the POS finance market in the US at $391 billion ...
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$18.5 billion was invested in payments companies in 2018
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Payments industry pulling in big VC cash

The $1.9 trillion payments industry is getting a lot of attention and billions of dollars of investment from venture capitalists these days, according to a CNBC report. That makes for a lot of potential new payments industry unicorns on the horizon. Pitchbook Data, which monitors ...
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May 24 Global payments news roundup

After a week of subpoenas, bank intrigue, and political drama, we thought you’d enjoy a simple global payments news roundup leading into the US Memorial Day long weekend. First, we look into why cash is still used by 31% of US consumers. We explore why ...
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e-commerce project failures
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30% of UK retail got no value from e-commerce projects

You’re in charge of e-commerce for your midsize retail business and you just finished your pitch for a budget for your next project. When asked how much it’s going to cost, you respond, “You better give me 130% of the budget, because 30% is going ...
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future of fintech
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Why is fintech adoption by business still lagging?

The cost benefits and ROI of fintech in the financial industry are so obvious, why is business still so slow to adopt many new technologies that can positively impact their bottom line? A new report for AvidXchange by Levvel Research offers insight into some of ...
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fintech news
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May 17 Global payments news roundup

While the tariffs tiff continues, we’ve got other global payments news to keep you ahead of the curve. We start with a business and payments industry look at the impact of China tariffs. AI is getting deeper into the payments business and online grocer Farmstead ...
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mobile invoicing
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10 Benefits of Mobile Invoicing

The explosion of business apps in recent years has been remarkable and while some may die a slow death after great launches on Product Hunt with much fanfare, a handful of mobile invoicing apps are genuinely useful for business owners and their customers. Mobile invoicing ...
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global payments roundup
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May 10 Global payments news roundup

We’ve got a pre-Mother’s Day global payments news roundup filled with news you can use. The NRF predicts Mother’s Day spending will reach a record $25 billion this year. Gartner looks at Amazon’s complicated private-label business. Alipay, Adyen, and Klarna will allow AliExpress shoppers to ...
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payments trends and global news
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April 26 Global payments news roundup

Welcome to the weekly global payments news roundup from Payments NEXT. Fintech company Resolve launched its B2B payments platform. A New York student sued Apple for $1 billion for his arrest due to mistaken facial recognition. Equifax acquires PayNet to tackle the small to midsize ...
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B2B automated loans by Resolve
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B2B financing gets easier and faster with Resolve

Forrester Research says B2B e-commerce will reach $1.8 trillion by 2023 and make up 17% of B2B sales. Fintech startup Resolve aims to disrupt the painfully slow, traditional business finance model with its automated payments platform offering extended net terms for customers of B2B sellers. ...
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