Payments
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LATEST FINTECH NEWS
 
Fintechist Payment Cards Decline

Worldpay Report Shows Payment Cards Will be Trumped by Other Solutions in Five Years

by JP Buntinxon October 18, 2017
Most people are well aware of how payment cards are already on the way out. Although this payment method is still somewhat novel in developing countries, the rest of the world has moved on. More specifically, mobile and e-commerce solutions no longer rely as much as on card payments. World’s annual Global payments Report paints […]
Fintechist PayPal Venmo Retail

PayPal Brings Venmo Payments To Over 2 Million US Retailers

by JP Buntinxon October 17, 2017
Venmo is one of the most popular mobile apps in the financial sector today. Ever since being launched, Millennials have genuinely grown a liking to this app. PayPal, the parent company of Venmo, announces how there will be more functionality soon. More specifically, the app will become an accepted payment method at over two million […]

Fintechist Global Payments TransferGo Ripple

TransferGo and Credit Agricola tap Ripple for Cheaper Global Payments

by JP Buntinxon October 10, 2017
Several dozen banks are exploring blockchain technology. Thankfully, most of them want to use a unified solution. Otherwise, communication between institutions would become a lot more difficult than need be. Ripple has benefited a lot from this growing interest in blockchain As of today, the group’s enterprise blockchain network has over 100 users. Some of […]
Fintechist Germany Savings Banks Mobile

Savings Banks in Germany Announce 2018 Rollout of new Mobile Payment Service

by JP Buntinxon October 7, 2017
Most consumers have gotten rather accustomed to the concept of mobile banking applications. That situation is slightly different in Germany, for some reason. Local savings banks are only now rolling out mobile payment services. They certainly are late to the party. This rollout is expected to commence ¬†at some point in 2018. Mobile payments are […]

Fintechist Mobile payments CC

Mobile Payments to Overtake Credit Cards by 2019, UNCTAD Report Claims

by JP Buntinxon October 6, 2017
Mobile payments are slowly becoming the new normal in the world of finance. Although there is still a long way to go, credit cards are feeling the pressure. More specifically, a new UNCTAD report shows credit cards will be dethroned by mobile counterparts very soon. This may happen as soon as 2019, which puts the […]
Fintechist M-PESA Wristband Payments

M-PESA Rolls out 1TAP Wristbands for Cashless Transactions

by JP Buntinxon October 4, 2017
M-PESA is one of the most established financial service providers in Africa right now. The company has made a name with their mobile payment solutions in recent years. To expand upon their business model the company is now rolling out payment tags and wristbands. This technology has been trialed for about 4 months now. For […]