Fintech

Bhaskar Chakravorti started his career as a game theorist “solving mathematical puzzles on obscure topics of no use to anyone except other game theorists,” he said. Now dean of global business at The Fletcher School and founding executive director of the Institute for Business in the Global Context (IBGC), he spearheads research on the digital […]

Science Card has developed a platform that allow UK consumers to fund university research in healthcare, computing, and climate change by making purchases with a Mastercard-powered debit card. Users can set up a free account and select the projects they want to support. As they make transactions, Science Card will automatically round up the amounts and contribute […]

One way to see what a quantum leap PCI 4.0 is for merchants is to consider the extended timeline for compliance. Unlike previous updates to the benchmark data protection protocol, which generally required retailers to comply within a year, this update provides a full three years. In his report PCI 4.0: What Merchants Need to Know, Don […]

Gen Alpha is expected to top two billion people, making the children born between 2010 and 2025 the largest generation ever. They are also projected to have significant spending power, with Gen Alpha already earning $5,200 annually and having $45 per week in disposable income. Their earning potential will continue to grow as they mature. […]

PayQuicker, a global payouts orchestration firm, is partnering with Thunes, the cross-border payment infrastructure provider, to expand its e-wallet payout capabilities worldwide. Aiming to address increasing demand for more diverse, and flexible payout methods, particularly in emerging markets that rely on e-wallets, PayQuicker aim to offer access to over 120 e-wallets in key emerging markets, to […]

The rise of digital platforms has significantly altered the landscape of property investment, offering tools and insights that were once unimaginable. As technology continues to advance, these platforms are becoming indispensable for investors seeking to streamline their research, make informed decisions, and execute purchases with greater efficiency. To explore this transformation, we asked industry experts […]

Earlier this week, the US Securities and Exchange Commission (SEC) revealed that 26 broker-dealers and investment advisers have agreed to pay combined civil penalties totalling over $392million, for unauthorised use of messaging services such as Whatsapp. Firms and their employees are not allowed to use WhatsApp to communicate with colleagues, partners or customers, as it […]

Earnings powered the FinTech IPO Index 5% higher in a week that was, as has been the case for the last month, dominated by earnings. Sezzle kept up its post quarterly-report momentum, leaping more than 53% through the past five sessions. The recent Sezzle gains tack on to the 38% rally that came in the […]

The urge to splurge resurged in July as consumers shrugged off inflation and visited on-site retailers to conduct their everyday spending. As reported by the Commerce Department on Thursday (Aug. 15), retail sales, unadjusted for inflation, were up 1% in July, well above the consensus estimates for a 0.4% boost. Overall, 10 of 13 spending categories tracked […]

Mastercard reportedly plans to lay off 3% of its global workforce — about 1,000 people — as part of a reorganization it announced earlier this year. Most of the employees who will be affected by the move will be notified by the end of the current quarter, Reuters reported Friday (Aug. 16), citing a Mastercard […]