Card Wars
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The nation’s major card networks are seemingly in a fierce acquisition battle as they try to differentiate themselves from one another and from upstart fintech competitors as well.
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Payments Start-Ups Target Small Businesses
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It’s long been known that small businesses, feeling often overlooked by their banks, have increasingly turned to fintechs for a variety of services. Now fintechs are looking at FX trading as another avenue by which to attract small businesses.
Read MoreCredit Cards’ Latest Marketing Strategies
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Besides car ownership, another thing we are always told millennials hate are credit cards. Perhaps with that in mind, credit card companies are ramping up their advertising on social media sites in an attempt to better reach a younger demographic. In addition to regular digital ads, some companies that issue credit cards are also paying social media influencers to hock their wares.
Read MorePumping the Brakes on the Cashless Society
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The rise of mobile and digital payments has led to some nations around the world becoming nearly cashless. The benefits to eliminating cash from an economy exist; these include getting rid of the time and cost spent handling and storing cash, as well as making it far harder for criminals to launder money.
Read MoreThe New Apple Card Looks Pretty Clever
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Apple’s Monday event was dominated by Hollywood stars who were drawn to Cupertino by the company’s good taste and aggressive push into an array of new content services, games, subscriptions, and original programming.
Read MoreA Booming—and Consolidating—Fintech Sector
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It seems as if the news breaks monthly with the “biggest deal ever” in some aspect of fintech. That’s why it was only mildly shocking this week when word came out that bank technology giant FIS agreed to pay $35 billion for
Read MoreA Booming—and Consolidating—Fintech Sector
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It seems as if the news breaks monthly with the “biggest deal ever” in some aspect of fintech. That’s why it was only mildly shocking this week when word came out that bank technology giant FIS agreed to pay $35 billion for Worldpay in the largest digital payments M&A deal to date. The deal is part of an escalating arms race among the financial technology sector’s biggest players.
Read MoreMarch Payments Madness
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Although most of the $8.5 billion in bets made during the NCAA Men’s Division 1 will be illegal, things are changing thanks to the Supreme Court’s decision last year to strike down the Professional and Amateur Sports Protection Act of 1992. The result? It is possible to bet on the games legally; however, there remain plenty of impediments and ambiguities in the way (depending on where you live).
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