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
Venmo
FinTech Trends in 2016, So Far
The surge in financial technology, encompassing every sector of financial services, shows no signs of stopping, despite some highly publicized problems. A recent Accenture survey, for instance, puts global investment growth at $5.3 billion, a 67% increase over last year, with total investment at just over $22 billion. FinTech is a shorthand for technologies, ranging from … [Read more...] about FinTech Trends in 2016, So Far
FinTech Investigations
Regulatory agencies are like companies: when one gets wind of a market, others are quick to follow. Expect increased regulatory scrutiny of FinTech in all its forms this year, as regulators seek to catch up with digital innovation. The first three of this week's links show how how the regulatory sector is taking notice in the wake of the LendingClub drama. New York regulator … [Read more...] about FinTech Investigations