BankTech

The Role of Social Media in FinTech

According to a report, mobile commerce is estimated to reach $278.9 billion by 2018. With this increase, there comes a shift in the way we make payments across the globe. There will be an estimated 2.55 billion users of social networks by 2017 according to a report by eMarketer. It...

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Payments

Worldpay and Georgia Tech’s ATDC Financial Technology Partnership Yielding Strong Results

8 startups in program have already raised $16.8 million in funding ATLANTA (April, 11, 2016): A year after launching an accelerator program focused on helping entrepreneurs in Georgia’s growing financial technology (FinTech) sector succeeded, the Advanced Technology Development Center (ATDC) at Georgia Tech is working with a portfolio of 20...

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Payments

American Express and Newegg Hatch a Seamless Way to Use Membership Rewards® Points for Purchases on Newegg.com

This first-of-its-kind capability for Newegg offers more payment options for card members NEW YORK, April 14, 2016 -- American Express and Newegg, the largest tech-focused e-commerce platform in the US, today announced the launch of a new technology integration that enables US card members enrolled in the Membership Rewards program...

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BankTech

While Developed Economies See Closure of Bank Branches, in Developing Economies, It's Less Dramatic

Digitization is forcing retail banks to undergo a transformation. The rapid increase of smartphones and tablets, the ease of using apps and social platforms, and the exponential growth of mobile Internet have all contributed to the mobile device being the most preferred communication channel for customers. Furthermore, though branches help...

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