FinTech Rising

Reports at the intersection of money, banking, securities, and payments with digital technologies

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The Global FinTech Landscape: Insights from Emmanuel Daniel

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In an interview with Collin Canright, Emmanuel Daniel, founder of The Asian Banker and author of The Great Transition: The Personalization of Finance is Here, shares his insights on the evolving FinTech industry. We discuss the significant trends shaping the future of finance, focusing particularly on the challenges and opportunities in the sector. The State of FinTech … [Read more...] about The Global FinTech Landscape: Insights from Emmanuel Daniel

The Capital One-Discover Merger and Its Implications

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This week, we turn our attention to the unfolding Capital One-Discover merger, a potential game-changer in the credit card landscape. As this deal progresses, it promises to reshape competition, regulation, and the broader fintech ecosystem. Here’s a breakdown of the key insights: Competitive Dynamics in Play The merger is poised to disrupt the Visa-MasterCard duopoly by … [Read more...] about The Capital One-Discover Merger and Its Implications

Buy Now, Pay Later Eats Credit Card Profits

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Discover Financial reported last week that credit-card loans were down 9% for the year ending Jan. 31, 2021, reports Crain's Chicago Business. Meanwhile, Affirm, a leader in installment lending, announced a debit card with BNPL features to make the increasingly popular financing method easier to use at retail point-of-sale, according to PaymentsSource. "The trend eats away … [Read more...] about Buy Now, Pay Later Eats Credit Card Profits

Credit-Card Fraud Detection: Customer Experience Rules

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Excellent customer experience requires better credit-card fraud-detection tools for international and domestic travel bookings Of the many areas in financial services that could benefit from machine learning, credit-card fraud detection must be high on the list. Last year, card fraud reached $9.37 billion in the United States (36% of the global total) and is expected to … [Read more...] about Credit-Card Fraud Detection: Customer Experience Rules

Legacy Challenges

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FINTECH ARTICLES OF THE WEEK 09/20/17 As a follow up to last week's newsletter, Breached, the Equifax breach likely will have regulatory effects on FinTech that go beyond the credit-scoring business itself. In an ironic but not unsurprising development, legacy institutions questioned new technologies in relationship to legacy problems. Last week's Senate Banking hearing on … [Read more...] about Legacy Challenges