Justice is slow but it comes. If you have ever been charged more when withdrawing cash from an ATM, you are in luck! The hidden fees that have outraged us so many times now have legal consequences for banks, and you could be one of the beneficiaries of this historic agreement. We are going to […]
Fintech
Garanti BBVA launches a used vehicle digital loan, the first of its kind in Türkiye
Garanti BBVA has added a new innovative solution to its range of digital banking products by launching a used vehicle digital loan available via mobile banking, making it the first of its kind in Türkiye. With this online loan, customers need only enter the required information, without the hassle of having to sign a loan […]
iWallet Begins Offering Voice AI Payments
Digital payment solutions provider iWallet is adding voice artificial intelligence technology to its payments offering. The new technology comes as many consumers are using voice technology each day, according to a Monday (Dec. 30) press release. “However, the payments industry has lagged behind, relying on outdated systems and neglecting to integrate modern, secure technologies for […]
India delays UPI payments market share cap in relief for Walmart-backed PhonePe, Google Pay
India on Tuesday delayed the implementation of market share caps for a popular digital payments method by two years, a move that will benefit Google Pay and Walmart (WMT.N), opens new tab-backed PhonePe. According to the proposal, first made in November 2020, digital payment firms would not be allowed to hold more than 30% share […]
US files complaint against fintech app Dave and its CEO
The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave Inc and its CEO Jason Wilk for alleged violations of federal law. The Justice Department and the Federal Trade Commission alleged the company lured users to its personal finance app by advertising cash advances of […]
Tighter digital payment rules set in March
The Bangko Sentral ng Pilipinas (BSP) is giving the local payments industry more time to put up their respective systems that would quickly and appropriately resolve complaints from consumers who encounter problems with their electronic fund transfers. In a memorandum signed by Governor Eli Remolona Jr. on Dec. 27, the BSP approved the extension of […]
Digital Banking Platform PDX Global Tests Crypto to Cash Payments Solution PDX Beam
PDX Global, a digital banking and payments developer for the crypto economy, announced a successful round of tests of PDX Beam, the end-to-end payment transaction process and seamless crypto-to-cash payments platform for merchants and consumers. PDX has reportedly launched a live public beta test program commencing Thursday, Dec. 19. PDX Beam is a “globally-capable” payments […]
Africa’s newest fintech unicorns are winning by keeping their feet on the ground
Africa’s tech ecosystem just got a boost of attention, with South Africa’s TymeBank and Nigeria’s Moniepoint both raising funds in recent weeks at valuations of over $1 billion and joining the coveted unicorn pantheon. But those valuations don’t just reflect investor confidence. They signal the success they’ve had in taking disruptive fintech models originally developed […]
Better Fintech Stock: PayPal vs. SoFi Technologies
The financial technology, or fintech, industry was one of the hardest hit parts of the stock market in the post-pandemic bear market, but there are still some excellent opportunities. PayPal (NASDAQ: PYPL) is one great example with a stock price that is still about 70% below its 2021 peak and excellent turnaround progress in 2024, while SoFi (NASDAQ: SOFI) is an […]
AI, embedded finance, or payments: Which fintech trend will define 2025?
As the FinTech industry marches into 2025, its trajectory is shaped by a convergence of innovation, consumer expectations, and regulatory frameworks. Insights from key voices at payabl., along with global trends, paint a dynamic picture of the year ahead. From embedded finance to artificial intelligence (AI), these forces are set to redefine the way businesses and […]