Fintech

Fintech

Affirm financial results
Buy Now Pay Later Fintech

Affirm plans debit card with buy now pay later feature

By Jeff Domansky, March 1, 2021 The global $400 billion-plus buy now, pay later (BNPL) market is heating up incredibly fast, leading to some interesting new features and competitive positioning by market leaders. San Francisco-based Affirm announced plans to issue the first US debit card ...
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UK fintech valued at $15.5 billion
Banking Fintech

UK fintechs fight to retain market leadership

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 ...
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Disruptive Technologies Fintech

67% of investors trust robots more than human advisors

By Jeff Domansky, Feb 10, 2021 As someone who writes about payments, finance, and fintech, a new research report from Oracle caught my eye and jarred my not-so-artificial intelligence. Oracle’s research team surveyed 9,001 global consumers and business leaders from 14 countries about their attitudes ...
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Amazon record Q4 results
E-commerce Fintech

Amazon record earnings rock the e-commerce world

By Jeff Domansky, Feb 3, 2021 The record Q4 2020 earnings report for Amazon crossed the $100 billion level for the first time, nearly eclipsing the most important news of the day – founder Jeff Bezos’ decision to step down as CEO. Bezos used Amazon’s ...
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Earned Wage Access leaders
Fintech Payments Trends

Earned Wage Access companies tackle CA consumer regulation

By Jeff Domansky, Jan 27, 2021 The business of providing Earned Wage Access (EWA) or on-demand pay services for employees has grown quickly, particularly in the past 10 months during the COVID pandemic. The industry is not governed by federal regulations but faces its first ...
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best mobile check deposit accounts
Banking Disruptive Technologies Fintech

Research: Consumers love their mobile check deposits

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 ...
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Greenwood digital bank founders
Banking Fintech

Greenwood digital bank will serve Black & Latinx community

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 ...
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Walmart fintech coming soon
Banking Fintech

Attention Walmart customers: Fintech on aisle five

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 ...
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buy now pay later healthcare payments
Fintech Payments Technology Payments Trends

Buy now pay later for billion-dollar elective healthcare market

By Jeff Domansky, Jan 7, 2021 California-based fintech startup PrimaHealth Credit launched a ‘Buy Now Pay Later’ (BNPL) payment plan specifically designed for credit-challenged patients seeking elective healthcare treatments. According to the company, most healthcare lending products focus on the prime market, leaving behind 52% ...
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payment data automation
Fintech Payments Technology Payments Trends

Bill pay problems? How automation can help

By John Minor, Chief Product Officer for PayNearMe Jan 5, 2021 We all know the types of problems that can get in the way of a smooth payment transaction: exceptions, fraud, compliance concerns, human error, insufficient funds, and overloaded customer service teams, to name a ...
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