Fintech

Fintech

false payment declines hurt business
E-commerce Fintech Payments Research

False declines cost merchants $20.3 billion

By Jeff Domansky, Jane 4, 2021 New research from Checkout.com and Oxford Economics shows that disconnected payments cost merchants more than $20.3 billion in the US, UK, France, and Germany last year. The research also identified those disconnects and where improvements can still be made ...
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true cost of digital payments
E-commerce Fintech Payments Technology

The hidden cost of digital payments

By Rob Lincolne, founder and CEO, Paydock, Dec 8, 2020 When Square launched in 2009, they often spoke of the ‘Hidden cost of accepting cash.’ Articulating reconciliation, banking, and administrative inefficiencies (not to mention theft) contemporary thinking at the time referenced the value of non-cash ...
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Pix digital payments in Brazil
Banking E-commerce Fintech

Uber and EBANX partner in payments with Pix in Brazil

By Jeff Domansky, Nov 16, 2020 Uber and Latin American fintech EBANX have launched an exclusive payments partnership for processing Brazil’s new instant payments system Pix. Brazilians will be able to pay for their Uber rides and Uber Eats orders with Pix and EBANX through ...
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Banking E-commerce Fintech Payments Trends

Nov 6: Global payments news roundup

What a week! While the US waits for a clear election winner, the payments world was busy as usual. Here’s a fresh news roundup to keep you informed on the latest developments in the global payments industry. Top companies in the news include Visa/Plaid, Ant ...
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DOJ blocks Visa acquisition of Plaid.
Banking Fintech

US DOJ blocks Visa’s $5.3 billion acquisition of fintech Plaid [Updated]

Editor’s note: Late yesterday Visa issued the following statement in response to the US DOJ lawsuit: “Visa strongly disagrees with the Department of Justice (DOJ), whose attempt to block Visa’s acquisition of Plaid is legally flawed and contradicted by the facts. This action reflects a ...
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global payments news roundup
Banking Fintech Payments Technology

Oct 26 Global payments news roundup: Ant Fin’l, Stripe, JPMorgan, Visa, Wirecard, PayPal, more…

As the biggest shopping season of the year approaches in the US and around the world, it’s also a hectic time for payments industry news. We’ve got another payments news roundup with all that you need to stay ahead of the latest payments and fintech ...
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credit cards for poor-credit customers
Disruptive Technologies Fintech Loyalty

Petal aims to be credit card for credit-blemished customers

Fintech credit card startup Petal recently launched its second no-annual-fee credit card for those with no credit history or a blemished credit record. Petal hopes to make it easier for younger, new credit card applicants and those with damaged credit records to get approval for ...
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Azlo Pro adds new SME financial tools
Banking Fintech Payments Trends

Azlo launches new automated digital banking & invoicing tools for SMEs

While COVID-19 is spurring new entrepreneurial startups, San Francisco-based fintech Azlo has launched a new set of digital banking, invoicing, and back-office tools to help SMEs and freelancers manage their back-office financial functions more efficiently and less expensively. Azlo Pro is a new subscription-based set ...
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US immigration
Banking Cybersecurity Fintech

New partnership will help immigrants establish US credit in minutes

With non-US-born residents making up nearly 15% of the US population, establishing credit is often a big challenge for these new immigrants, many of whom have excellent credit records in their home countries. It’s also a challenge for lenders who are keen to offer services ...
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PeasyPay biometric payments
Disruptive Technologies Fintech Payments Technology

Biometrics enables EU payments with a wave and a smile

European shoppers in Budapest and Spain are shopping and paying with a wink and a wave with the launch of Hungarian fintech PeasyPay.Imagine. No more carrying your purse, wallet, smartphone, or credit card while shopping and paying for groceries, lunch at your favorite cafe, fresh ...
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