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7 Ways Instant Payments Impact Deposit Performance

South State Correspondent

Putting This Into Action The data clearly shows that even though your customers may not be asking for instant payments, they are likely using instant payments through other institutions or financial technology firms, such as PayPal. The adoption of instant payments significantly influences customer behavior and deposit management.

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Ant Financial Debuts Technology Brand For FIs

PYMNTS

Ant Financial , the financial services unit of Alibaba , is rolling out a new brand to provide financial institutions (FIs) with support for digital transformation. In a press release issued Thursday (Sept.

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New Greenlight Financial Round Pushes Valuation Past $1.2B

PYMNTS

FinTech company Greenlight Financial Technology , which makes products to help parents raise financially literate children, said Thursday (Sept. 24) it raised $215 million in Series C venture funding. The investment and its associated valuation put the company's total value in excess of $1.2

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Nium Teams Up With Visa To Issue Credit Cards In Australia

PYMNTS

Nium , a financial technology platform, has become a Visa issuer in Australia as part of its membership in Visa’s FinTech Fast Track program. Nium said its technology and business relationship with Visa can “streamline and simplify” the issuing of credit cards and their use by digital wallets.

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Mastercard Adds More Startups To Its Accelerate Program

PYMNTS

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. 12) announcement. The company said its efforts recognize “the important role FinTechs play in the world’s rapid digital transformation.”.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. When deciding whether to use a BNPL service for a purchase, it is essential to read the fine print.

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Veem Grows Multi-Rail B2B Payment Capabilities

PYMNTS

The company said that the advancements will better the method in which firms make and receive payments domestically and internationally, "following a successful year of growth for the financial technology firm," according to the announcement.

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