The fintech uses models for verification and fraud, and notes its staff’s compliance experience. Fintech Jifiti’s “white-labeled” BNPL product includes one integration for lenders to serve merchants. It also assumes overhead from banks so they don’t have to update the merchants they use for programs.

Incumbents and fintechs alike are launching teen investing accounts, and no amount of heightened regulatory pressure will stop them—here’s why.

Fintechs can give investment managers analytical capabilities that help them to screen companies against various benchmarks, identify common factors, and develop their own ratings. UK-based fintech Forefront Future’s investment screening solution, which ascertains if companies meet customizable and complex ESG metric standards, is one example.

Judges toss New York’s fintech charter challenge: An appeals court panel overturned a ruling that let the state’s Department of Financial Services challenge the Office of the Comptroller of the Currency’s special-purpose charter—a credential that would permit tech giants to offer banking services.

Tribal Credit can use Visa’s payment expertise and technology to improve its business cards and reach new customers in Latin America: The fintech said it will focus on Chile, Colombia, and Peru before looking to the wider region. The improvements could help make Tribal Credit’s cards and other payment solutions more attractive to customers, helping it gain more business in the region.

Commission-free trading is no longer enough for an investment platform to stand out in the crowded UK market.

Temenos gives ability to offer crypto features: The banking software provider is partnering with fintech Taurus to give its client banks the option to offer their own customers crypto features—the latest example of a vendor getting into the space.

Both providers already work with medical supply retailers and some cosmetic dentist offices, but they aren’t the only ones that recognize the opportunity: Healthcare fintech PayZen offers “Care Now, Pay Later,” which lets healthcare providers offer patients more affordable payment options.

We collaborated with Scientia, a vetted third-party firm that operates the platform FinTech Insights, for data on the features. Scientia identified which capabilities were present in the FIs’ iOS apps as of October 31, 2021. FinTech Insights is a research platform that collects data on the feature sets of over 100 financial services providers worldwide. Read about our methodology in detail.

PriceRunner is in the process of being acquired by Swedish fintech Klarna. A Google spokesperson told CNN that the company would defend the lawsuit in court. What’s next? We’re seeing a waterfall effect where the larger EU General Court decision against Google is opening the floodgates of similar antitrust cases from specific competitors in European countries.

Canada’s Big 5 banks are likely to have an easier time than upstart fintechs. But since the anticipated scope of affected customers is relatively small, enforcement of the suddenly invoked Act can serve as a good pressure-test of financial institutions’ agility in responding to compliance issues.

The installment product also will help banks deepen their engagement with current customers who might otherwise use a fintech offering. BNPL could also attract new customers to whom banks could eventually cross-sell depository and other lending products.

Article: Fintech funding hit record levels in 2021—but 2022 could be even bigger. Article: Accelerating digital transformation in banking in 2022 will continue industry upheaval.

We expect both fintechs to see another spike in Q4, similar to Q2, as crypto prices have rebounded: The global crypto market hit the $3 trillion mark for the first time last week.

The profitable fintech is expanding its product suite and will create its own loan-servicing platform—an IPO figures in its long-term roadmap.

As the company dives further into fintech, crypto solutions could complement the push and make its financial solutions more attractive. Xoom, owned by PayPal, is mulling over plans to develop a stablecoin called PayPal Coin, which it could integrate into Xoom among its other solutions.

Fintech Futures. Fintech Singapore. Gartner. GM. Intuit. Javelin. JPMorgan Chase. Juniper Research. Klarna. McKinsey. MineralTree. Modern Retail. MoneyGram. NFCW. Northridge Group. NRF. Payments Journal. PayPal. Paysafe. PR Newswire. PYMNTS. Reuters. Stripe. TechCrunch. TrueLayer. Venmo. Visa. Voice of America. Zelle.

The insurtech’s share price surged 86% earlier this week after Reddit users once again coordinated to inflate specific stock prices—here’s what our Fintech and Digital Health analysts think it means for Clover

Booming Competition From Sustainability-Focused Neobanks and Fintechs. Consumers are prepared to put their money where their mouths are when it comes to sustainability—and that’s bad news for banks that fall short.

Neobanks, the digital disruptors of the fintech world, will see the number of US account holders reach 20.2 million by the end of 2021, more than double the number just two years ago, according to our inaugural Insider Intelligence forecast for digital-only banks. Neobank Chime, which was founded in 2013, is well ahead of its competitors. It will hold steady as the industry leader, but there will be a shift this year for the No. 2 spot.