PayNearMe’s Post

Here are four reasons why accepting cash still matters, and, how to make the transition to offering this payment method smooth and easy. Michael Kaplan, PayNearMe, shares with PaymentsNEXT. #cash #billpayment #fintech e

Consumers are rapidly embracing modern payments, and prefer financial partners who offer these options. PayNearMe's Roger Portela shares 3 essential best practices for financial institutions looking to expand payment options for their customers with The Financial Brand. https://hubs.ly/Q02dxLFl0 #fintech #payments #financialinstitutions

Plend and Monevo Partner to Provide More Inclusive Lending Options  On this partnership, Dawn Wood Monevos, UK Territory Director, said, “Working with the team at Plend to enable them to distribute their product as well as being able to help them support their declined consumers has been a pleasure. We are very much looking forward to seeing the relationship continue to grow.” This partnership will offer tailored support and additional options, resulting in a better customer experience and more affordable choices. Plend's financial inclusion report recommends improved signposting and referrals to reduce the risk of loan shark usage, and this partnership is in line with that recommendation. This is a positive step towards greater financial inclusion, enabling customers to access the credit they require with the support they need. https://lnkd.in/eZNCMm5h James Pursaill #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

We're thrilled to share the exclusive interview that Reuters had with our President, Mark Loughran, where he shed light on our groundbreaking leap into the financial area with the recent launch of inDrive Money. In this insightful conversation, he delves into the intricacies of our recent venture into integrated financial services where drivers gain access to cash loans and credit cards provided by our partners - financial institutions directly through our app. Our lending and payment partners include Mastercard, R2, Galileo, and GIRO, a monumental step in our mission to empower drivers, starting with Mexico. inDrive Money pioneers the offering of cash loans and credit cards in partnership with financial institutions to drivers, bridging the gap for gig workers often sidelined by traditional institutions, meticulously tailored to meet their unique needs, and seamlessly integrated into our app ecosystem. But here's where it gets truly groundbreaking - through full integration into our app, drivers can effortlessly apply for loans, manage balances, and repay loans in tandem with their earnings. No hassle, no fuss - just a seamless experience that empowers our drivers to thrive financially while they go about their everyday journeys. And this is just the beginning! Stay tuned as we continue to innovate and roll out a comprehensive suite of modern financial services, right at the fingertips of our valued drivers. #Peopledriven #inDriveMoney #Fintech #InnovationAtWork #DrivingProgress https://lnkd.in/g4wbuH5r

So pleased we can shout about our latest VRP partnership - Moneyline! 😃 People having enough to live on is a social and political problem, and there are various ways of helping that (or not), including who you tick at the ballot box. But what we can do, in #fintech, is make collecting money and managing #finances easier, and have a positive impact on how people handle money and their financial lives….which is exactly what we at Ordo are hoping to achieve with Moneyline by extending our Request to Pay #openbanking solutions to #vrp - Variable Recurring Payments. Backed by JROC – which is pretty much every relevant regulator (Financial Conduct Authority, Payment Systems Regulator and the Competition and Markets Authority), and government (HM Treasury), as well as the Opposition, if you’ve not got open banking and VRP deployed or in your imminent project plan, you’ve got some catching up to do! 🏃♀️ With JROC endorsement, we are looking forward to rolling out VRP beyond sweeping later this year, and seeing the benefits of lower cost, #realtime open banking VRP help in #energy, #water, #telco, #financialservices and #government. #payments #paymentsolutions #fintechinnovation #innovation Shiona Crichton Maria Booker Adrienne Grubb Andrew Self Kate Fitzgerald Roisin Edwards Katherine Renton https://bit.ly/3SDDWvr

Coviance is revolutionizing the home equity lending process with our Home Equity Express platform. Credit unions nationwide are experiencing firsthand the incredible benefits of this innovative solution. Our platform streamlines the entire home equity lending process, reducing turnaround times from weeks to mere days. No more waiting around—get things done faster and more efficiently! With Home Equity Express, credit unions are cutting costs significantly. By automating key processes and minimizing manual efforts, we're helping them achieve higher profitability and pass those savings on to their members. Our intuitive interface makes it easy for credit unions to adopt and integrate into their existing workflows. Stay ahead of regulatory changes with our built-in compliance features. Our dedicated team is always here to ensure a smooth and successful experience. Join the many credit unions that have already transformed their home equity lending with Coviance Home Equity Express. It's time to embrace efficiency, savings, and exceptional member service! #CreditUnions #HomeEquityLending #Fintech #Coviance #Efficiency #Savings #Innovation

An Israeli-created company is helping consumers navigate a myriad of lending schemes when buying expensive items, enabling them to find the best deals for financing – in real time and on demand. ChargeAfter helps vendors instantly provide big-ticket buyers with a range of potential lenders on one innovative platform, allowing them to choose the best loan option for them – saving them money and boosting acceptance rates. The list of lenders is provided by the seller when they go to make their purchase, through the ChargeAfter platform.  “There is a very big need here,” ChargeAfter founder and CEO Meidad Sharon tells NoCamels.  “We enable the merchants via one integration to be connected to a network of lenders that would enable consumers to be approved in 80 percent probability instead of 30 percent,” he says. “We are giving you choice and personalization and it’s a better experience for the consumer,” he says. “This is democratization of credit.” #financialtech #loanoptions #bankingindustry #financingsolutions #israelinnovation #israelitech #credithelp

Great insights for 2024 from some big hitters. Figure Upgrade, Inc. Upstart Happy Money Prosper Marketplace Best Egg Oportun Achieve BMG Money - key themes Efficiency, Sustainability, Innovation and Combating High Interest Rates. Love the open comments from all the CEO's. #paymentguard #portfolioresilence #fintechfinance

Consumer Financial Protection Bureau Takes Action to Ensure Consumers Can Dispute Charges and Obtain Refunds on Buy Now, Pay Later Loans “When consumers check out and choose Buy Now, Pay Later, they don’t know if they will get a refund if they return their product or whether the lender will help them if they didn’t get what was promised,” said CFPB Director Rohit Chopra, CFA. “Regardless of whether a shopper swipes a credit card or uses Buy Now, Pay Later, they are entitled to important consumer protections under longstanding laws and regulations already on the books.” https://lnkd.in/eMdDH3Re #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Study Finds Only Half of Consumers Satisfied With Embedded Lending Options Only 50% are satisfied with current options. Embedded lending offers instant credit solutions, tapping into unmet demand. Younger consumers show high interest. Merchants, let's innovate and meet evolving needs! #ConsumerFinance #EmbeddedLending #Fintech https://hubs.li/Q02vgJLY0