More consumers prefer digital payments, a trend accelerated by the pandemic, results of a new survey from payments gateway Onbe reveal. The rates of online shopping, mobile wallet usage, apps and P2P payments have also risen.
Top Story
When war broke out in Ukraine last year, Daumantas Dvilinskas and his team at TransferGo quickly realized the intensifying need for money transfering services such as theirs.
Top Story
More consumers prefer digital payments, a trend accelerated by the pandemic, results of a new survey from payments gateway Onbe reveal. The rates of online shopping, mobile wallet usage, apps and P2P payments have also risen.
Fintech
Our weekly look at the top 10 fintech-related stories of the week, from our team of writers and the best websites covering the space
Making news this week were First Citizens Bank, Early Warning (Paze), Apple, big banks vs small banks, the FDIC, venture capital, Binance, HM Treasury and more.
The good news this week is that we had no more bank failures in this country. While a buyer was found for Signature Bank (most of it anyway) the fate of First Republic still hangs in the balance.
Books will be written and movies will be made about the last seven days as it was the most dramatic week in finance since the financial crisis of 2008.
The fintech news this week was dominated by the demise of Silicon Valley Bank, a fast moving story that took less than 48 hours to unravel.
Making fintech news this week were Silvergate Bank, Klarna, Goldman Sachs, Marqeta, LendingTree and more