Category : Economy

Banking Economy Markets News

SVB Financial Group, Parent Of SVB Bank, Declares Bankruptcy.

Fintech Staff Writer
SVB Financial Group has petitioned the United States Bankruptcy Protection Court for the Southern District of New York for a court-supervised Chapter 11 reorganisation. The business looks to sell its assets. The funds and general partner companies of SVB Securities and SVB Capital were not included in the Chapter 11......
Economy Finance News

US Treasury Official Delivers Keynote Address At GBA Event On The Future Of Money, Government, And The Law

Fintech Staff Writer
D. R. Maurice, appearing in her own capacity, will be the keynote speaker at the “Future of Money, Governance, and the Law” conference on May 24–25, 2023, in the nation’s capital, according to the Government Blockchain Association (GBA). Government representatives, business titans like Circle (CRCL) and Ciphertrace, a Mastercard subsidiary......
Digital Economy Featured Fintech Primers

In 2023, The Digital Economy Mantra Has Done A Complete Reversal

Pooja Choudhary
I’m going to discuss seven trends this year that give innovators and company leaders in the payments industry a strategic framework for success. 1. Real-world issues drive payment innovation to return to the fundamentals. In 2022, 348 web3 startups received funding totaling $7.5 billion, an increase of $4.5 billion from......
Analytics Economy Lifestyle News

IndiaLends’ #WorkingStree Survey Found That 90% Of Women Pay Household Bills But 67% Rely On Men For Financial Decisions.

Fintech Staff Writer
According to the 5th Edition of #WorkingStree, an annual study of working women in India conducted by IndiaLends, two-thirds of working women viewed “financial independence” as ceasing to rely on anyone for their financial requirements, rather than having the flexibility to spend their own money. Yet, roughly 67% of people......
Commerce Economy Guest Posts

How Small Businesses are Leveraging Payments to Improve Customer Experience

Afshin Yazdian
If you’ve visited a retail establishment lately, you may have noticed that crowds are back in-store. With pre-pandemic levels of foot traffic returning to brick-and-mortar businesses again, merchants are evaluating the best ways to reach customers and meet new demands from the market. Many of these merchants are looking at......
Economy Guest Posts Insights

Achieving a Frictionless Customer Experience in Fintech

Lelen Udayan
Modern customers expect fintechs to focus as much on the experience they provide as the products and services being offered By definition, a truly frictionless customer experience (CX) is unobtainable even though it is the end state every fintech company strives for. Along the way, the focus falls on providing......
B2B Banking Economy News

Standard Chartered And Allinpay Signals Cross-border QR Payments

Fintech Staff Writer
Participating merchants in Hong Kong will be able to accept Singapore PayNow payments without infrastructure or operational charges. Moreover, Singaporeans will not have to face currency exchange rates or cross-border fees.Standard Chartered Bank and Singaporean company Allinpay have enabled PayNow instant cross-border payments for merchants and businesses in Hong Kong......
Banking Economy News

FalconX Hires Technology Sector Veteran Baris Cetinok As Chief Product Officer

Fintech News Desk
– FalconX, a digital assets platform for institutional investors, announced that Baris Cetinok has joined the team as Chief Product Officer. As a product and technology veteran with more than 25 years of experience, Cetinok has played an integral role in shaping important business initiatives and delivering exceptional products for some of......
Economy Insights News

Chargebacks Filed Admitted As A “Friendly” Fraud By 25% Consumers

Fintech Staff Writer
Sift, which is famous as a leader in Digital Trust & Safety, released its Digital Trust & Safety Index for Q4 2022, which found that chargeback dispute rates have risen over 35% since Q1 2022, as everyday consumers increasingly seek to claw back money. This report which is based on......
Economy Finance News

Wave Launches ‘Creator Economy Financial Playbook’ To Enable Entrepreneurial Success for the Fastest Growing Segment of Small Business

Fintech News Desk
New playbook provides proven strategies and real-world advice to help creators turn their passions into financial gain Wave, the one-stop money management solution for small business owners, launched a new financial playbook to help the 7 million Americans who are part of the “creator economy” grow their businesses and thrive.......