{"id":4442,"date":"2019-02-06T20:50:24","date_gmt":"2019-02-06T20:50:24","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4442"},"modified":"2023-02-13T09:29:08","modified_gmt":"2023-02-13T16:29:08","slug":"adyen-joins-stripe-square-and-paypal-jpmorgan-goes-fintech-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/adyen-joins-stripe-square-and-paypal-jpmorgan-goes-fintech-news-roundup\/","title":{"rendered":"Adyen Joins Stripe, Square and PayPal; JPMorgan Goes Fintech: News Roundup"},"content":{"rendered":"\n

PaymentFacilitator\u2019s<\/em> News Roundup is a curated mix of the past\nweek\u2019s news and articles from around the web, including company announcements,\nglobal payments news, and other coverage and analysis of topics relevant to\npayment facilitators.<\/strong><\/p>\n\n\n\n

Big Brands Compete<\/em><\/h4>\n\n\n\n

Adyen joins Stripe,\nSquare and PayPal<\/strong>. Just not in the way you think. Adyen stock has almost\ntripled since their initial public offering and as a result, this\nAmsterdam-based startup has joined U.S. rivals Stripe, Square and PayPal as the\nfintech companies that control more than three quarters of the marketplace for\nmerchant-to-consumer commerce. From SFGate.<\/p>\n\n\n\n

JPMorgan fuels\ncompetition with fintech companies<\/strong>. In an effort to compete with Stripe,\nPayPal and the like, JPMorgan has merged its business-to-business treasury\nservices with its customer-to-business merchant services. What makes this\ncompetitive enough to be threatening? Ultimately, \u201cthe global brand would be\nthe only company to offer businesses a single payments system that groups can\nuse to accept incoming payments from consumers and to make corporate payments\nto suppliers or transfer money between accounts.\u201d From Financial\nTimes<\/a>. <\/p>\n\n\n\n

Klarna prepares for\nU.S. fintech competition<\/strong>. With a new campaign featuring Snoop Dogg as the\nface of Smoooth Dogg (the campaign name), Klarna looks to break into the U.S.\npayments ecosystem. Already popular in Europe for its deferred payments and\nlending options, Klarna has yet to make it big in the U.S. payments culture.\nIts closest U.S. competitor is Affirm. The big difference though is Affirm\ncharges interest payments to its consumers while Klarna keeps the cost within\nits merchants. From Cheddar<\/a>.\n<\/p>\n\n\n\n

Fintech Forward<\/em><\/h4>\n\n\n\n

India ecommerce\nmarket projected to cross $100 billion threshold<\/strong>. In an ecosystem that\nshows no signs of slowing down, recent reports are projecting the booming\nfintech marketplace to reach and even surpass the $100 billion threshold by\n2022. Other predictions include a $200 billion e-tail market by 2026 and an\ninternet user base that could likely increase to 829 million by 2021. From DNA\nIndia<\/a>. <\/p>\n\n\n\n

Top 15 Nigerian\nfintech firms to watch for<\/strong>. As the fintech industry continues to boom, 2019\npromises to be a year for even more impressive growth and development\nopportunities. Here are 15 companies \u2013 including some PFs \u2013 charging the pulse\nof Nigeria\u2019s payments ecosystem that are expected to do big things this year.\nFrom Ventures\nAfrica<\/a>.<\/p>\n\n\n\n

The Quick-response Edit<\/em><\/h4>\n\n\n\n

NBC and BOT sign MoU\non QR<\/strong>. Coming together on the basis of QR technology, the National Bank of\nCambodia and the Bank of Thailand have signed a memorandum of understanding\nregarding QR-based payments among their two countries. As part of the\nagreement, an interoperability standard will be developed for secure and\nefficient domestic and cross-border transaction \u2013 as well as local currency and\nfinancial innovation support between both countries. From Saigon\nOnline<\/a>. <\/p>\n\n\n\n

Industry News<\/em><\/h4>\n\n\n\n

Blackbaud\nIntroduces Purchase Cards and Expense Management in Blackbaud Financial Edge\nNXT\u00e2<\/sup><\/a><\/strong><\/p>\n\n\n\n

Phreesia\nNamed 2019 KLAS Category Leader for Patient Intake Management<\/a><\/strong><\/p>\n\n\n\n

USA\nTechnologies and CSC ServiceWorks Announce Supply Agreement<\/strong><\/p>\n\n\n\n

ETA\nWhite Paper Examines How Financial Technology Innovation Provides Access, Affordability,\nand Convenience to the Underserved<\/strong><\/a><\/p>\n\n\n\n

TotalHousehold\nPro Partners with CardConnect to Provide Integrated Payment Processing<\/strong><\/a><\/p>\n\n\n\n

Lightspeed\nLaunches Fully-Integrated Payments Solution<\/strong><\/a><\/p>\n\n\n\n

ParkHub\n& SpotHero Announce Long-Term Partnership to Enhance Event Parking\nExperience<\/strong><\/p>\n\n\n\n

PayPal\nCredit Transaction Volume Reaches $50 Billion Milestone<\/strong><\/a><\/p>\n\n\n\n

Cross\nRiver and Railsbank Announce Partnership to Enable Global Market Access for\nFintech Companies by Providing Seamless, Cross-Border Banking and Payment\nSolutions<\/strong><\/strong><\/p>\n\n\n\n

Paysafe\nLaunches Ground-breaking New Approach to iGaming Payments <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

PaymentFacilitator\u2019s News Roundup is a curated mix of the past week\u2019s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.\ufeff<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1015],"tags":[24,303,455,469,725,828,846],"class_list":["post-4442","post","type-post","status-publish","format-standard","hentry","category-archive","tag-adyen","tag-fintech","tag-jpmorgan","tag-klarna","tag-qr-codes","tag-square","tag-stripe"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/comments?post=4442"}],"version-history":[{"count":6,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4442\/revisions"}],"predecessor-version":[{"id":9085,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4442\/revisions\/9085"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4442"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}