Payments firms may see this as an opportunity to snap up companies, which may help boost business efficiency.
Fintech companies worldwide garnered $50.7 billion in funding during H1 2022, down nearly 23% year over year. Still, this sum is already higher than 2020’s total of $49.5 billion, indicating a greater trend of increased funding.
Finally, some good inflation news: The US consumer price index didn’t increase in July, which could restore some faith in ad spending.
The number of financial services deals declined 31% compared to Q1.
It expanded its Visa Direct integration so US customers can send payments to eligible Visa cardholders in six countries.
The digital currency mixer allegedly laundered $7 billion. Even as it’s taken down, another will likely rise to replace it.
It will let the bank’s customers share their information with third-party financial tools without providing login credentials.
Our forecast shows that the increasing cost of living and fears of recession will drive greater usage. Banks that rise to the opportunity could win customer loyalty.
Studies show that paying in cash leads to spending less—if it’s easily accessible.
Some state governments are penalizing them for not supporting the fossil fuel industry.
The REI Co-op Mastercard lets users earn 5% cash back for REI purchases and 1.5% cash back for all other purchases.