Emerging markets stand on the brink of a transformative year in 2024, propelled by remarkable strides in financial technology, according to a series of recent reports on emerging markets payments and Fintech. These regions – increasingly embracing digital banking, alternative lending, and blockchain innovations – are anticipated to see a significant uptick in FinTech … [Read more...] about Fintech Rising Weekly: Emerging Markets Set for 2024 FinTech Boom
faster payments
Fintech Rising Weekly: Focus on Payments Growth
This week, we dive into the Federal Reserve's 2023 Diary of Consumer Payment Choice, highlighting the continued dominance of credit cards and the stabilization of cash usage. Additionally, we cover Apple's concessions in the EU Tap-to-Pay dispute, growth in both U.S. realtime payments networks, and new guidelines from China on payment services for foreigners, and more insights … [Read more...] about Fintech Rising Weekly: Focus on Payments Growth
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
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
FinTech Forecast 2022
FinTech investments surpassed every year prior in 2021 – $131.5 billion. That’s more than double 2020’s final tally, and 2020 had already set records for that year. It is safe to say that FinTech’s moment has arrived. The digital transformation of finance hit a transition point to become an integral part of business as usual for financial services across the board. In … [Read more...] about FinTech Forecast 2022
Are Businesses Ready for Faster Payments?
The payments industry is currently undergoing a once-in-a-generation change in infrastructure, as use cases increasingly shift towards the promise of faster, or even instant, payments settlement. Progress has been ongoing for years, but the reality of the global pandemic drove the reasons for innovation to the forefront of the minds of many in businesses from small to large … [Read more...] about Are Businesses Ready for Faster Payments?