FinTech Alliance’s Post

🌟 5 Global Fintech Giants Transforming Finance and Why They Are Special Ant Group - $78.5B 📲 Why Special: Alipay's QR payments and virtual wallet cater to over 1 billion users, making it the most used fintech globally! Stripe - $50B 💸 Why Special: Processes $817B in transactions for all business sizes, including Amazon and Google. It’s all about seamless payments! Revolut - $33B 🌍 Why Special: Offers no-commission crypto and stock trading. It’s a one-stop app for flexible banking and investing. Chime - $25B 💳 Why Special: Provides early paychecks and fee-free ATMs to 14M+ users. Online banking at its finest! Rapyd - $15B 🌐 Why Special: Reduces cross-border transaction costs with flexible payment solutions in 100+ countries. Truly global! These fintech leaders are driving innovation and making finance more accessible, efficient, and global. #Fintech #Innovation #FutureOfFinance

🎉 In case you missed it… the IXOPAY team will be at Money20/20 in Las Vegas from October 27-30! We’re excited to connect with even more of you as the event draws near. If you haven’t already, make sure to schedule a meeting with us through the Money20/20 app or stop by our booth #11213. Let’s talk about how IXOPAY can enhance your payment solutions. See you in Las Vegas! 🎰💸 #Money2020 #LasVegas #Payments #Fintech #IXOPAY #paymentorchestration

🚀 Big news in the fintech world! Senior Mizuho analyst Dan Dolev maintains an outperform rating for PayPal after Adyen, a top Dutch payments firm, partners to offer Fastlane—a game-changing checkout tool from PayPal. With a total addressable market potential of $3 trillion, this partnership signals Fastlane's strength, even among competitors. 💸 What do you think? Could this partnership redefine the payments landscape and boost PayPal's future growth? 🔮 #PayPal #FintechRevolution #DigitalPayments #Fintech #tech #technology #Finance

Another week went by, and plenty of fintech events took place to write a fintech post   💳 Un (precedented, believable, imaginable) shift in the payment world. Visa and Mastercard have settled with US merchants, lowering credit card interchange rates in a deal that could save the merchants $30B. The settlement in question is a 0.04 percentage points decrease from a 3% max interchange fees in the US for credit cards. Is it a big deal? Europe’s fintech ecosystem lives with a 0.30% interchange cap. In fact, it looks like a hit on fintech leveraging the Durbin amendment, which is a significant number of businesses in the US. The fee reduction for merchants can look good, but eventually, it’s all about consumer comfort. I believe the supply should pay for the demand’s needs, so further lowering the interchange and implying more surcharges can damage the credit card-amassed economy of the US. IMHO   🏹 Golden swipe. Robinhood issues a golden credit card (yes, it’s really made of gold) that offers benefits, including 5% interest on uninvested cash and a 3% match on IRA contributions. X1 acquisition plays out now. The product looks sweet for consumers, as 5% is a good saving rate, and 3% cashback looks very big. However, it looks strange at the same time, 3% cashback can be maintainable     #fintech #payments #cards #interchange  

⏱ The countdown is on! Who are we meeting tomorrow at Money20/20? Connect with PayU GPO's CRO, James Churchill, and Partners Manager EMEA, Michiel Knoester to discover how our fintech expertise can skyrocket your success. 🚀 Looking for transformative opportunities? Reach out to the team to book a meeting 🙌 #Money2020 #PayUGPO #Fintech

The Fintech Times Edition 54 - Beyond borders: FinXP's answer to payment delays The cross-border payments market is blossoming and many organisations are looking at ways to establish themselves within the space. However, a simple desire to enter the space is not enough. With long wait times and limited access to payment networks, many challenges are holding firms back from truly capitalising on the cross-border payments market’s potential. Chris Denny and FinXP unveils the tools needed to unlock the secrets to cross border payments success. Read more: https://hubs.li/Q02qWh1S0

Venmo and Cash App competitor Zelle is closing in on its $1 trillion payments volume target. In 2023, Zelle enabled $806 billion in transaction volume across 120 million consumer and small-business accounts. “In 2017, we launched Zelle and changed how Americans move money – we’re now on track to hit $1 trillion in 2024,” said Early Warning Services’ CEO, Cameron Fowler in a LinkedIn post. The last quarter of 2023 was the most successful in its relatively short history, with consumers transacting $219 billion across the Zelle Network -- that translates to $100 million sent per hour. Read more info in the Tearsheet newsletter: https://lnkd.in/eDPZQ86A Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ]  #payments #paytech #digitalpayments #venmo #cashapp #zelle #fintech #digitalbanking #financialtechnology #fintechindustry #fintechnews 

Great night with Headline: Fintech Panel Series💸 1) Despite the advances in digital payments, hundreds of millions of dollars continue to be processed through checks, representing roughly 20% of BILL transaction volume. 2) Given the well-established ACH infrastructure, consumer preferences still dominate the market. The key to winning in the fintech space today is creating a superior user interface (UI). Fintech companies are intensely focused on developing the best UI. 3) At Workee, we’ve encountered this as well - All big players are building ways to make money happen locally while swift remains the biggest system in the world yet. Thank you Henrique Ceribelli King Goh, CFA Matt Schrey Michelle F. and Headline for this event. #Fintech #Payments #Innovation #ConsumerTrends #EmbeddedPayments

The move by #BNPL providers to issue credit cards is a strategic one. It shows they're evolving from niche players to comprehensive financial service providers. This aligns with the #FinTech trend of unbundling and rebuilding financial services into all-encompassing ecosystems. Many BNPL providers likely aim to become financial super apps, offering a broad range of financial products and services under one roof.

Fintech Blue: The Credibility Shortcut Blue dominates the fintech landscape because it symbolizes trust. Industry leaders like Revolut, PayPal, Coinbase, Alipay, Affirm, Wealthfront, and Remitly choose shades of blue to evoke feelings of trust, security, and reliability. These qualities are crucial in financial services, where credibility is everything. Want to learn more? Check out our Revolut rebrand audit and competitor landscape analysis to see how color strategy plays a key role in fintech brand positioning. [Link in comments] #Fintech #Branding #ColorStrategy #Revolut #DigitalBanking