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Finovate Global Mexico: Banorte’s Digital Bank, Amazon’s BNPL Partnership with Kueski Pay

Finovate

First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. The new digital bank also offers financing products for bineo account holders. The bank also pledges competitive rates and instant access to funds once loans are approved. The company noted that it hopes to add 2.8

BNPL 59
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

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Top 8 Fintech Investors in Indonesia Fueling The Revolution

Fintech News

The firm counts 20 Indonesian fintech companies in its portfolio, including open finance startup Finantier, crypto investment app Nobi, SME finance platform Fazz, and SME banking platform KoinWorks. Indonesia’s fintech landscape is booming.

FinTech 106
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Best Payroll for Small Businesses

Stax

Paychex Flex is their online payroll software solution designed specifically for small businesses. Reviews praise the mobile app and new hire reporting but mention poor customer support. per month and enables SurePayroll to file returns on your behalf. However, it receives praise for ease of use and customizable payroll reports.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. From big banks to big tech. From big banks to big tech.

Finance 77
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Banking Technology Awards Recognize Finovate Alums

Fintech Labs Insights

Fidor Bank won in the “Best Use of IT in Retail Banking” category at the 16th Annual Banking Technology 2015 awards this week. Readers’ choice awards were granted based on online voting results from readers of both Banking Technology magazine and bankingtech.com. Interested in fintech in the U.K.

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The Big Jump: Pandemics And The Connected Economy’s Bigger, Faster Future

PYMNTS

To understand when and how consumer demand will return and the impact it will have on federal and state efforts to reopen the economy, we need consistently refreshed data from a large national sample to get out of the quarantine “information bubbles” and see the big picture. The infamous “ V-shaped recovery.”. No fuss, no muss.

Economy 76