Fintech Wrap Up

Fintech Wrap Up provides comprehensive coverage on fintech developments, featuring analyses on banking performance, emerging technologies like AI and blockchain, strategic corporate movements, and regulatory changes. It discusses market trends, investment dynamics, and innovations in financial services, including embedded finance, digital wallets, and payment systems.

Banking and Financial Services Technology and Innovation in Finance Corporate Strategies and Acquisitions Regulatory Changes and Compliance Market Trends and Investment Analysis Emerging Technologies Payment Systems and Platforms Embedded Finance and Fintech Solutions

The hottest Substack posts of Fintech Wrap Up

And their main takeaways

Dark software: a new model for SaaS and fintech; Income statement: Visa, Mastercard, and American Express; Why the interest in Payfacs?;

58 implied HN points • 07 Feb 24
💰 Finance SaaS Payments GenAI
  1. Dark software is a new model for SaaS and fintech with a focus on hyper-specialized ICP, full stack product offering, and outsourcing products to minimize costs.
  2. Interest in Payfacs is driven by the need for embedded payments, ease of setting up payment capabilities, risk management, compliance support, and access to reporting tools.
  3. Income statements from Visa, Mastercard, and American Express show patterns of growth in consumer spending, new payment flows, digital innovations, and value-added services.

Open Banking & Embedded Finance – Two sides of the same coin; Which technologies are shaping the future of fintech?; So what has the winning strategy for fintechs been over the last decade?;

58 implied HN points • 24 Jan 24
💰 Finance Fintech Investments Technology Trends Market Analysis
  1. Open Banking and Embedded Finance are closely related concepts driving innovation in fintech through APIs.
  2. Key winning strategies for fintech success include starting with a unique product, scaling to improve cost efficiency, and expanding to offer multiple related products.
  3. Fintech investments globally saw a significant drop in 2023, but confidence started to return towards the end of the year.
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Fintechs, you are not a super-app; The 10 biggest fintech companies in America 2023; Open finance: The opportunity to support small businesses;

19 implied HN points • 14 Jun 23
💰 Finance Fintech AI Cryptocurrency Regulation
  1. Fintech companies should be honest about their capabilities and avoid prematurely labeling themselves as super-apps.
  2. Affirm has partnered with Amazon Pay to offer buy now, pay later options for U.S. merchants and customers.
  3. Open Finance presents an opportunity to support small businesses by improving standards, data-sharing, and access to finance.

How embedded finance works: Square Banking Case; Google aims to bulk up wallet; Key Drivers behind the rise of Asian super apps;

1 HN point • 07 Jun 23
💼 Business Finance Technology Economy Banking Investing
  1. MENAP fintech market defying global trends with strong economic fundamentals and continued growth in the banking sector.
  2. Rise of Asian super apps driven by mobile-first internet users, cost-efficient mobile phones, and building trust through offering multiple services on a single platform.
  3. Stripe introduces charge card program to provide businesses easier access to credit and generate revenue through interest on deposits, interchange fees, and financing revenues.

UBS to cut more than half of Credit Suisse workforce; How does B2B fintech pricing evolve?; Goldman in talks to offload Apple credit card, savings products to American Express;

0 implied HN points • 05 Jul 23
💼 Business Fintech Banking Cryptocurrency Economics Investing
  1. UBS plans to cut over half of Credit Suisse workforce due to a takeover.
  2. Visa acquires Brazilian fintech Pismo in a $1B deal with notable clients like Citi and N26.
  3. Goldman Sachs considers moving Apple credit card and savings products to American Express after losses.

Apple’s fintech strategy; FedNow is under the "radar" of Stripe; 2023 Business payments barometer;

0 implied HN points • 21 Jun 23
💼 Business Fintech Payments Acquisitions Regulations
  1. Apple has experienced significant growth in its fintech offerings through partnerships and products like Apple Pay and Apple Card.
  2. FIS acquired the BaaS startup Bond, showcasing continued consolidation in the fintech industry.
  3. Venmo and Cash App are facing pressure from Senate Democrats to improve security measures due to concerns about fraud and consumer protection policies.

Open Finance datasets to support small businesses; How Mastercard Plans To Beat Visa; The value of embedded banking for platforms;

0 implied HN points • 31 May 23
💼 Business Finance Technology Regulation Fintech
  1. Open Finance goes beyond Open Banking to provide a wider range of financial data for better services and covers areas like accounting, tax data, and digital identity.
  2. Platforms can benefit greatly from embedded banking, leading to increased revenue, better data insights, and improved customer loyalty.
  3. Future retail trends are focusing on the integration of in-store and online shopping experiences, with innovations like 'Buy Now, Pay Later' to enhance trust and user experience.