Marqeta eyes April IPO, Amazon acquires Shopify rival, Banks, BigTech duke it out over digital first

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February 17, 2021

PYMNTSTV: Banking Infrastructure

Old Guard vs. Vanguard: Banks, FinTechs, Big Tech Duke It Out Over Digital-First

What does the Super Bowl LV matchup between Tom Brady and Patrick Mahomes have in common with the FinTech/incumbent FI match-up over moving legacy systems digital-first? As it turns out, quite a lot, as Kelly Switt, head of financial services at Red Hat; Mick Fennell, head of payments at Temenos; and PYMNTS' Karen Webster debated in the latest PYMNTS TV segment.

 

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Next Gen Debit Tracker

Debit Rails: Automatic Debit Payments Power Utility Provider Cash Flow

Delays in paying utility bills impact access to basic services for consumers, but can create cash flow issues for utility providers. In the latest Next-Gen Debit Tracker, Jennifer Montague, senior vice president and chief customer officer of utilities provider NiSource, discusses how automated debit payments eliminate both of those frictions.

 

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Care Now, Pay Later

Flipping The Script: Care Now, Pay Later (CNPL) Does For Doctors What BNPL Did For Retailers

By any name, patient financing of expensive procedures is a payment practice whose time has come. As Rectangle Health Chief Technology Officer Mike Peluso told PYMNTS, as much as buy now, pay later (BNPL) programs have taken the credit industry by storm, the need for healthcare is different than enabling the commercial desire to buy goods and services.

 

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PYMNTSTV: FinTech Innovation

Partner Or Compete? Banks Can Take Hybrid Approach With FinTech Innovation

The financial world has evolved to the point where bankers can take an either-or approach when dealing with FinTechs. As Jim McCarthy, president at i2c, told Karen Webster, banks have plenty of innovations and competitive advantages to deploy.

 

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Gift Cards

Gift Cards Emerge As Digital Payments On-Ramp For Cash-Based Customers

Retailing should not be a matter of online businesses versus brick-and-mortar. As Blackhawk Network Vice President of Strategy Helena Mao told PYMNTS in a recent conversation, the goal for every merchant will be to shift their focus to the total set of products and services available and deliver them across channels.

 

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KYC/AML Tracker

Report: Crypto Exchanges Thread The Needle Between Compliance And Privacy

Staying compliant while respecting user privacy concerns have forced cryptocurrency exchanges to rethink their approach to KYC. In this month’s AML/KYC Tracker, PYMNTS talked with Caitlin Barnett, U.S. chief compliance officer at Bitstamp, about how exchanges can thread this needle with transaction analysis systems.

 

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