International money transfer apps provide an alternative to bank transfers. These apps charge lower fees than the banks do when you send money abroad. They’re…
A recent article from Banking Dive provided insightful analysis on the payment processing industry. Merchants complain about the fees that banks charge them for processing…
Before there were buy now, pay later apps, merchants offered installment buying plans. These purchase contracts were also known as time payments. They became very…
Recently, the Wall Street Journal reported that the card networks Visa and Mastercard plan to raise interchange fees. This is bad news for merchants, who…
Brandjacking is a growth hacking method where a startup uses another company’s brand to promote its own services. Sometimes, the brandjacker even impersonates the other…
The IRS recently sent out $600 stimulus payments. Some of them were sent out by check, which is how I received the stimulus payment last…
I recently interviewed Lorde Astor West (Astor), the founder of fintech startup Scratchware. This startup pioneered Surcharging-as-a-Service™ by making an app that can recover credit…
I joined the beta program for the neobank app Unifimoney recently. While it’s clearly a banking app, it’s designed to function like the financial superapps…
In the United States, bank account holders use apps like Zelle and Venmo to send payments to other individuals. Other countries, including Britain, Norway, Sweden,…
Challenger banks have a few advantages over traditional banks. Two of them are speed and costs. These fintech startups process transactions faster than traditional banks.…