As the FinTech industry strides through 2024, it finds itself at the heart of a technological revolution with Artificial Intelligence (AI) beginning to stand out as one of the drivers on the charge. This era of innovation is remapping the contours of financial services, making operations more efficient, enhancing security measures, and personalizing customer experiences. The … [Read more...] about AI Unleashed: Remapping Fintech’s Future
Banking
Exploring the Future of Payments with Richie Serna, CEO, Finix Payments
Richie Serna, CEO of Finix Payments, has had a front-seat view of the rise of FinTech payments. In a conversation with Collin Canright, Richie talked about His on-the-job education in payments integration. The influence of his immigrant parents and how Finix got its name. Competition with FinTech payments leader Stripe. The history of payments distribution. The … [Read more...] about Exploring the Future of Payments with Richie Serna, CEO, Finix Payments
The Neobanking Revolution in 2024
The year 2024 stands as a landmark in the financial services landscape, marked in part by an expectation of continued growth in neobanking. Referring to a new breed of financial institution, these digital-first organizations are redefining the traditional banking model, catering to the modern demands for rapid, efficient, and personalized financial services by operating solely … [Read more...] about The Neobanking Revolution in 2024
Embracing the Future of Faster Payments
The digital era continues to redefine industries, propelling the payment sector to the forefront of this transformation. Both consumers and businesses, driven by the pressing need for speed and convenience, have been gravitating towards faster and real-time payment mechanisms. Same Day ACH: Meeting the Urgency As an embodiment of this demand for swiftness, the growth of Same … [Read more...] about Embracing the Future of Faster Payments
Digital Assets: Today’s Landscape, Tomorrow’s Potential
As finance has firmly entered the digital era, the concept of value has started to transcend formerly physical boundaries, manifesting in forms no one could have foreseen even just a decade ago. Today, the term digital assets doesn't simply refer to highly speculative cryptocurrencies or NFTs—the ecosystem has expanded dramatically to encapsulate a much wider range of purposes … [Read more...] about Digital Assets: Today’s Landscape, Tomorrow’s Potential
FedNow Launches
The Federal Reserve today announced the launch of its long-awaited real-time payment system, FedNow. After nearly four years of development, this initiative will establish the regulator's first nationwide network for instant payments, a feature already present in other countries and a major U.S. processor. The launch date comes as the adoption of faster payments increases in … [Read more...] about FedNow Launches