What is 'Buy Now Pay Later?

What is ‘Buy Now Pay Later?

  By FintechNews Staf -Buy now, pay later, or BNPL is a type of installment loan. It divides your purchase into multiple equal payments, with the...
Black Friday: There was a 51% increase in the use of BNPL payment methods

Black Friday: There was a 51% increase in the use of BNPL payment methods

  By FintechNews staff -Fintech unicorn and leading payment processor, Mollie, reveals trends for small and medium-sized merchants during Black Friday, Cyber Week and Cyber Monday The...
59% of B2B companies are not open to accepting cryptocurrencies as a form of payment.

59% of B2B companies are not open to accepting cryptocurrencies as a form of...

  By FintechNews staff - Texas! Invoiced and PaymentsNEXT have just published "The State of B2B Payment Acceptance" detailing the top payment trends and priorities among U.S....
China central bank vows stronger fintech regulations

China central bank vows stronger fintech regulations

  By FintechNews staff   -Advancements in artificial intelligence (AI), cloud computing, big data, blockchain and e-commerce have come at the cost of personal data protection, as financial institutions adopt fintech, said the Chinese...
3 leading Fintech trends to watch in 2022

3 leading Fintech trends to watch in 2022

  By FintechNews staff   -We have seen dramatic growth in FinTech during the pandemic. As the banks shut down, people largely relied on virtual financial services....
OneRepublic first major artist paid in Bitcoin

OneRepublic first major artist paid in Bitcoin

  By FintechNews staff   -The “Counting Stars” band OneRepublic performed last week just outside of Vienna and was paid entirely in bitcoin, the first American major...
MercadoLibre enables crypto transactions for Brazilian clients

MercadoLibre enables crypto transactions for Brazilian clients

  By FintechNews staff -MercadoLibre, known in Brazil as MercadoLivre, is the country’s biggest ecommerce platform. -Brazilians will soon be able to buy, sell, and hold bitcoin...
That’s why PayPal uses advanced ML to continually optimize the complex rules written by our client’s in-house fraud and data science teams, and to apply these rules to large datasets in order to spot patterns that humans may miss.

PayPal taps AI/ML in battle against fraud

  By FintechNews staff Summary:  -Artificial intelligence (AI) and machine learning (ML) are helping merchants and online platforms get smarter about detecting risk. The bad guys have...
More bots will be connected with payment systems such as Paypal and digital wallets, allowing consumers to make payments without ever leaving the messaging platform, improving customer experience.

How chatbots are driving fintech

  By FintechNews staff -A chatbot is a customer experience tool. It can help improve and customize the user experience at every stage, saving banks and...
Payments with Bitcoin

Payments with Bitcoin

  By FintechNews staff Summary:  -With cryptocurrencies rising in popularity and value, workers across the globe are increasingly expressing demand to be paid in this currency. -People who...

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How blockchain technology impact the financial services

Security: how blockchain technology impact the financial services

  By FintechNews staff -Blockchain introduced radical, innovative trends that imposed a formidable impact on almost all industries, including finance, supply chain management, and healthcare. Now, almost every...
first NFT collection of an authentic T-Rex fossil

The first NFT collection of an authentic T-Rex fossil

  By FintechNews staff -MetaRex will unveil the world’s first NFT collection of an authentic T-Rex fossil, in a sale that’s due to take place mid-December....
AI/ML and fraud detection

AI/ML and fraud detection

  By FintechNews Staff   -Banking and finance are regularly targeted by cyber hackers, so fraud detection is the area where artificial intelligence can increase the protection...