According to Visa 96 percent of U.S. payment volume took place on chip cards, with the large majority being chip and signature cards; starting next month major card brands will look to move customers to the chip and PIN cards that have been widely adopted across Europe; Merchants will be able to turn cell phones into terminals instead of buying expensive POS terminals with pin pads; wide adoption will take time as smaller retailers might not see the benefits as quickly and large retailers have invested a lot in the current technology. Source.
CNBC is reporting that Goldman Sachs has quietly launched a new point of sale installment loan product with JetBlue as...
Millennials and Gen Z consumers are still wary of credit cards and are looking for alternative payment methods; they are...
Advances in embedded lending provide better options for consumers and higher sales with more certainty for merchants. It's a win-win.
Leading European buy now pay later platform Klarna is the latest company to add a savings account to their offering;...
Indonesia based ride-hailing startup Gojek has branched out beyond their core business into food delivery, logistics and digital payments; the...
Yesterday morning, four fintech experts joined a Lendit panel to discuss Buy Now Pay later: how to lay the foundations for a successful BNPL offering.
Klarna is well known for their buy now, pay later offering and is now launching a customer loyalty program called...
The latest fintech IPO is likely to be GreenSky which focuses on point of sale finance. Source