Technology

Lending options at the physical point of sale are going to play a significant role in how consumers take part in a post-pandemic economic recovery. But as with many payment methods, they risk leaving out the underbanked.

As competition becomes more about countering fintechs than beating other banks, alternative payment methods and broader services will be key, says Icon Solutions' Simon Wilson.

The industry’s most effective relationships come when providers serve as collaborators and an extension of their clients to serve customers and work in tandem to address a range of challenges and grow their businesses together, says Paya's Chris Scappa.

The Chicago fintech, which currently offers personal loans and credit cards, will add deposit accounts with the acquisition of Level.

Banking and payments technology tester and certifier Fime is working with the government of India to develop the testing infrastructure for a national contactless transportation card and accompanying mobile app.

The joint checking account is similar to its individual checking feature, launched last April, and will target millennial couples in particular.

Issuers may provide relief for borrowers who fall behind on installment loans — and mitigate some of the reputational hit to merchants in the process.

Issuers may provide relief for borrowers who fall behind on installment loans — and mitigate some of the reputational hit to merchants in the process.

Both consumers and merchants are realizing the permanent benefits, says Azoya USA's Franklin Chu.

The world’s largest retailer filed for a trademark on the name on March 29, in the process giving clues as to what the startup might actually do.