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While the number of downloads for Android banking apps rises by 13% in 2023, digital banks continue to draw in customers.

Traditional banks still have a disproportionate amount of clients, even if digital banks are leading the way in innovation and agility in the banking industry. However, a recent analysis by App Radar and SplitMetrics suggests that a move away from legacy banks may already be well under way.

By Maurine Lind | April 10, 2024 | 0 Comments

A majority of baby boomers—2 in 5—plan to use services, driving BNPL development.

Interesting new information on the BNPL services market is revealed by TransUnion's Q1 Consumer Pulse study, which suggests an unanticipated demographic change.

By Tyree Schoen | April 08, 2024 | 0 Comments

Finotta's Most Recent Whitepaper Reveals The Keys To Gaining Gen Z Allegiance

Gen Z financial tendencies are very different from those of their forebears. Many have different views toward technology because they were up in a totally digital world, which makes them more receptive to the idea of its integration and the role it may play in managing and protecting their finances.

By Maurine Lind | April 05, 2024 | 0 Comments

2024 Cybersecurity: An in-depth examination of FinTech's primary problems and approaches

According to the 2024 Cybersecurity Benchmarking Survey, almost 40% of compliance professionals in asset management, investment adviser, and private markets organizations are still ill-prepared for the cybersecurity threats presented by artificial intelligence.

By Tyree Schoen | April 04, 2024 | 0 Comments

Worldpay Report: Golden Age of Payments Driven by Consumers

According to Worldpay's 2024 Report, digital wallet usage will increase globally and account for £203.5 billion in UK e-commerce transactions by 2027.

By Travon Stracke | March 22, 2024 | 0 Comments

Pay via Bank is Increasing, Per New Brite Payments Research

Pay by Bank is ranked among the top three payment methods in the UK, Netherlands, Finland, Spain, and Germany, according to new data from Swedish fintech Brite Payments and YouGov. This indicates that consumer payment behavior is evolving.

By Maurine Lind | March 20, 2024 | 0 Comments

How InsurTech is changing due to AI

InsurTech is the newest industry trying to take advantage of AI's incredible potential as it continues to rise as a revolutionary force in the commercial world. FinTech Global recently conducted interviews with various industry leaders to uncover the significant influence artificial intelligence is expected to have on the field.

By Tyree Schoen | March 12, 2024 | 0 Comments

Less than two years after introduction, NatWest will abandon the BNPL option.

In less than two years after its original launch, NatWest plans to discontinue its Buy Now Pay Later (BNPL) option.

By Tyree Schoen | March 08, 2024 | 0 Comments

Getting around the dark: OnlyFake and the problem with general artificial intelligence in document fraud

Resistant AI recently explored the facts behind the 'OnlyFake' issue and Gen AI fraud in a piece.

By Tyree Schoen | February 28, 2024 | 0 Comments