A survey by Fiserv indicate the growing use of modern payment methods in Brazil such as Pix, QR codes and online shopping.
Transfeera, a banking-as-a-service provider in Brazil focusing on B2B transactions, raised $ 1.3 million this month in a series A round.
Card payment fees have been a long-standing issue for businesses. Pay by bank could be a solution. Plaid joins Adyen to make it possible.
Plaid is becoming the glue that connects so much in financial services. Here is a rundown of just some of their recent developments.
Plaid has announced a new cash flow underwriting tool call Consumer Report that is the most comprehensive offering for lenders yet.
Fraud is rising, and with real-time payments taking an ever greater hold of the financial system, faster ways to combat are needed.
The firm is calling it the Plaid Portal and not explicitly tying the launch with a privacy settlement the firm reached on Friday, but the timing is close enough to call.
After avoiding section 1033 of Dodd-Frank for 12 years, in October the CFPB announced proposals for action. Plaid now offers their advice.
The economy has faced waves of challenges and fintech may be feeling the strain. Plaid investigated customer behaviour within the sector.
Instead of joining a major payments provider, Plaid aims to disrupt the Visa, Mastercard, and Amex payment empire. Partners like Square, Dwolla, and new arrivals to the Plaid ecosystem Checkout.com and Marqeta are members of the new program, building payment capabilities for the new age of fintech.