Search Results for: businesses and consumers

Bank of America Credit and Debit Card Data Shows Continued Growth in Consumer Spending, up 9% year-over-year in May
Digital Payments News

Bank of America Credit and Debit Card Data Shows Continued Growth in Consumer Spending, up 9% year-over-year in May

Fintech News Desk
by Fintech News Desk0
Despite challenges from higher inflation, households continued to spend at a healthy pace, with spending on services like travel and entertainment continuing to grow The Bank of America Institute released its findings from the latest Consumer Checkpoint, which aims to provide a holistic and real-time estimate of U.S. consumers’ spending......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech News Desk
by Fintech News Desk0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Freightos, a Leading Booking and Payment Platform Digitalizing Global Freight, to Raise Growth Capital and Become Public via Business Combination with Gesher I Acquisition Corp.
Digital Payments News

Freightos, a Leading Booking and Payment Platform Digitalizing Global Freight, to Raise Growth Capital and Become Public via Business Combination with Gesher I Acquisition Corp.

Fintech News Desk
by Fintech News Desk0
Freightos Limited, a leading global freight booking and payment platform and Gesher I Acquisition Corp, a special purpose acquisition company, today announced they have entered into a definitive merger agreement that would result in Freightos being publicly listed on the NASDAQ under the ticker symbol “FROS”. The combined entity, to......
Affirm and Stripe Partner to Help Businesses Grow Their Revenue
Digital Payments News

Affirm and Stripe Partner to Help Businesses Grow Their Revenue

Fintech News Desk
by Fintech News Desk0
Millions of businesses using Stripe can offer their customers flexible and transparent payment options with Affirm Affirm the payment network that empowers consumers and helps merchants drive growth and Stripe, a financial infrastructure platform for businesses, announced a strategic partnership that makes Affirm’s Adaptive Checkout™ available to Stripe users in the......
Swift and CapGemini Work on CBDC Gateway to Existing Payment Networks
Digital Payments Fintech News

Swift and CapGemini Work on CBDC Gateway to Existing Payment Networks

Fintech News Desk
by Fintech News Desk0
Interbank messaging network Swift is working with Capgemini to explore ways to interlink the multiple domestic-based CBDC networks emerging worldwide with existing payment infrastructures for seamless cross-border payments In 2021, Swift conducted a first set of CBDC experiments that demonstrated it could successfully orchestrate a cross-border transaction between one entity......
COVID-Driven Digital Payment Adoption Likely Here to Stay for US Consumers
Digital Payments News

COVID-Driven Digital Payment Adoption Likely Here to Stay for US Consumers

Fintech News Desk
by Fintech News Desk0
71% of US consumers surveyed used a mobile wallet in the last 12 months. 56% of US consumers surveyed felt comfortable leaving their wallet at home and taking their phone with them to make payments. 38% of US consumers surveyed own cryptocurrency. The pandemic ushered in a seismic shift in......
Marqeta Adds Evolve Bank & Trust as Bank Partner to Expand Program Management Capabilities
Finance News

Marqeta and Alviere Launch Groundbreaking Partnership in Europe

Fintech News Desk
by Fintech News Desk0
Alviere Partners With Modern Card Issuing Leader Marqeta to Power European Expansion Alviere, the leading global embedded finance platform that enables any brand to deliver a full suite of financial products and services to customers, fans, and employees, announced a groundbreaking partnership with Marqeta, the global modern card issuing platform.......
Prove Joins Visa Ready for BNPL to Enable an Authenticated and Frictionless User Onboarding Experience
Digital Payments News

Prove Joins Visa Ready for BNPL to Enable an Authenticated and Frictionless User Onboarding Experience

Fintech News Desk
by Fintech News Desk0
Prove’s Pre-Fill solution will enable lenders and merchants to implement faster and safer identity verification for BNPL payment options Prove Identity, Inc., the leader in digital identity, announced it has joined the Visa Ready for BNPL (Buy Now, Pay Later) program. Prove will enable Visa’s BNPL clients to streamline account......
Mambu and Brim Financial Partner to Deliver Transformative Digital Banking
Banking Digital Payments News

Mambu and Brim Financial Partner to Deliver Transformative Digital Banking, Embedded Finance Products Platform in Real-Time

Fintech News Desk
by Fintech News Desk0
Integrated platform provides powerful user experience, enables rapid speed to market with next-generation products Market-leading SaaS banking platform Mambu, and Brim Financial (Brim), one of the fastest growing fintech companies in North America, announced a strategic partnership to deliver a modern, more powerful digital banking, deposit, lending and cards platform across Canada......
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