VC funding has taken a hit this year however Arc co-founder and CEO says all is not lost. This could be the time for fintech alternatives.
·
COVID-19 has brought challenging years for SMEs. With inflation rates at an all-time high, alternative lenders become key to their survival.
In the past few years, the finance sector is seeing an influx of non-financial businesses turning towards fintech solutions.
Amazon's deal with Venmo has the potential to set a new standard for payment tenders in general, and other brands are likely to follow in its footsteps.
At the end of September, Lendistry reached the one-year mark running the Amazon Community Lending program.
A longtime SMB lender toward its own seller network, Amazon will begin offering official short-term loans up to $100,000.
“Amazon came to us with this incredible idea,” CEO and Founder Everett K. Sands said.
Amazon launched a credit card product in Brazil in an effort to compete with Mercado Libre and ramp up its fintech strategy in South America.
Paypal Mafia buy now pay later fintech the talk to the town having snagged the biggest e-commerce market in the world.
Certain customers will be able to use an Affirm pay later option at checkout, Amazon said in a press release.
Amdocs’ Personalization and Multigenerational Banking Survey shows the more customers know about personalized banking, the more they want it.
First-party fraud is rife, costing over $100 billion a year. Many say they're accidental, but data sharing could stop repeat offenders.