The western world is becoming cashless, but this carries a billion pound cost for merchants. Could open banking be the answer?
The Merchants Payments Coalition is calling on US politicians to block Visa and Mastercard interchange fee hikes that are set...
The cost of living crisis has been tough for merchants, but other factors are affecting their ability to future-proof.
Crypto offers too many benefits to throw it out as a payment mechanism. Let's look at the challenges vexing the payments industry today.
Merchants, community banks and credit unions are pushing the Fed to create their own real-time payments system as an alternative...
Peek at the metrics of startup success, and a founder may never get started. In the words of Gimli the...
In the wake of the eth merge, speculation of skyrocketing value has been forgotten, and a divide in the community gaped open.
Software platform provider MeridianLink has entered an agreement to acquire StreetShares, a FinTech for small business lending, on undisclosed terms.
Bank of America Merrill Lynch announced it has partnered with fintech firm CellTrust for messaging to clients; the new service will be focused on client to advisor text messages; the partnership will allow the bank to catalogue all communication with time and date stamps, tracking and logging activity; they plan to launch the new program over the next two months. Source.
WeChat recently started to offer users access to mutual funds, just another service they were able to add to the platform; the open platform based approach where you can plug in different services through an API is where financial services is headed; while those in Europe and the US might not be as advanced as China they know innovation like this is coming; “It really shows incumbents that they’ll need yet again to pivot to a new platform; that it’s not the bank that’s the platform anymore,” April Rudin, chief executive of wealth management marketing firm The Rudin Group, tells TearSheet; message based financial advice is the next natural step for clients who have transformed the way they interact in recent years from the phone call to the text message or chat service. Source.