On this week's episode of Spotlight Mariette Ferreira is joined by Marc Winitz - CMO at payments fintech Rapyd. The pair dive into Marc's career, his role at Rapyd and what the team there are working on, before taking a look at the wider payments industry - one of the most exciting areas of financial services.
Identity verification is integral to the secure use of digital platforms, many of which have become staples of consumers’ lives in recent years. But with so many authentication methods – from traditional passwords and usernames, to biometrics like face and fingerprint scans – it can be challenging to know just what consumers prefer from their apps and digital accounts, and how best to optimize these experiences from a merchant standpoint. In this virtual roundtable, PYMNTS Editor-in-Chief Matt Nesto hosts industry leaders to discuss this topic and more. Tune in.
Merchants are dialed into the reality that more payments options at checkout increases the odds they’ll make a sale. New data shows that one of those options now must include a lease to own option, particularly for merchants selling expensive durable goods. With 57 percent of the US population — and 39 percent of those making more than $100k a year — now living paycheck to paycheck, many need the flexibility that this payment option offers, while giving merchants a new way to convert customers who might never consider them an option for making such a purchase. Tune into this conversation with PYMNTS CEO Karen Webster and expert guests to learn more.
Consumers have flocked to “buy now, pay later” businesses in recent years as a way to make big purchases more manageable. In fact, these new services have become big competition for traditional store credit cards. Their rapid growth is raising questions about the benefits and risks for consumers, as well as the lack of regulation.
Fintech is only 1% finished. But what do we mean by that?
Simon Taylor, Head of Ventures at 11:FS takes us through the landscape of financial technology in this Lightboard edition of 11:FS Explores. When you take a look at the customer numbers that financial services brands are serving in any particular segment, it’s apparent that the majority of UK Fintech brands currently operate within areas that have high customer numbers, but low value-per-customer.
For example, areas with high customer numbers such as retail are being served by market-leaders such as Monzo, Starling, and Revolut. Retail is one of the most over-served markets by digital banking providers at the moment - but considering 12 million UK customers have a digital bank and the majority aren’t moving their salary into it, there is still a lot of work to be done, and that shows it. But the biggest edge in recent times is the massive changes to the supplier landscape - from onboarding and KYC, to payments, to Banking as a Service.
Prospective fintech companies now have the chance to assess the opportunity space for their proposition and to get a full view of the suppliers available to them. With such a robust supplier landscape emerging - it means that any company can be a fintech company. The market has blown wide open.
From our Blog
Get the details HERE.
In this episode of Truth in Data, "PaymentsJournal" breaks down the frequency of payroll payments at U.S. small businesses.
From our Blog
El Salvador became the first country in the world to adopt bitcoin as its national currency, allowing people to use a digital wallet to pay for everyday goods. Here’s what the impoverished nation’s risky experiment looks like.
In this episode of Truth in Data, PaymentsJournal discusses potential pitfalls for merchants offering BNPL.
From our Blog
In this episode of Truth in Data, PaymentsJournal takes a look at the most commonly experienced types of fraud.
Website Statistics
mortgage payment calculator