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Tag: Affirm

How Embedded Finance is Changing the Payment System? (Maksym Popov)

Evolution of Payment SystemIn the last decades, payment processing has been organized around the usage of payment plastic cards and POS terminals. In many countries, inserting...

Beyond the horror: F-Prime report gives many reasons to love fintech

Dig below the scary numbers in F-Prime Capital’s State of Fintech 2023; there’s still plenty to be optimistic about. First, with the bad news:...

Tech Layoffs: February Marks Third-Worst Month

Good news: February layoff numbers for the U.S. tech sector were lower than those in January. Bad news: That’s not actually saying...

3 trends changing the credit card customer experience forever (Arianne Rosmolen)

A new school of challenger brands is beginning to reshape the face of short-term lending. From Buy Now Pay Later (BNPL) to in-the-moment offers and...

The Great Correction: F-Prime’s 2023 state of fintech report

By most accounts, 2022 was a challenging year. Following historical highs in 2021, the fintech sector has been caught in a turmoil of stunted...

Why less is more when it comes to the future of E-commerce payments

Too many choices can sap our brainpower and make it hard to think straight. Unfortunately, when making e-commerce payments, things aren’t all that different. The...

Innovation investment during a downturn

Anyone reading the news these days would be forgiven for thinking fintech’s innovation investment is dead.  Mass layoffs, problems with regulators, and previously profitable...

Banks out to challenge Big Tech in brewing digital wallet war

With digital wallets now being used more after a years-long ramp-up, there’s a new battle brewing over which wallets consumers both know and...

Top 10 Fintech News Stories for the Week Ending February 11, 2023

Earnings season has begun for fintech and it is not looking very good so far with Affirm and Adyen both sinking after lackluster reports....

Job cuts and missed targets: Affirm’s earnings call

Affirm‘s earnings call on Feb. 8, 2023, was followed by a sharp drop in confidence after founder and CEO Max Levchin announced that the...

Apple Pay Later’s time is ‘soon’ – but will it be soon enough?

Key among the tech giant’s efforts to cement an ecosystem that brings higher-margin services to the forefront has been the move to offer...

ChatGPT faces credibility crisis as users say OpenAI is turning the chatbot into a political tool and using AI to promote transgenderism

“The damage done to the credibility of AI by ChatGPT engineers building in political bias is irreparable.”  ChatGPT is the fastest-growing consumer application in history,...

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