The digest was prepar by the r_mad_robot analytical center. Trends of the Month: Cutting FinTech Costs, New Contactless Payment Methods, and Decreasing. Dependence on the US Dollar The world’s banks have team up to create a competitor to. Apple Pay and PayPal. Wells Fargo, Bank of America, JPMorgan Chase and four other as yet unnam banks are developing a single digital wallet that will be link to customers’ debit and crit cards. Services (EWS), a private fintech company that provides banking screening services. EWS is own by seven major US banks: Bank of America, Capital One, JPMorgan Chase, PNC Bank.
The largest fintech company Stripe
Truist US Bank and Wells Fargo. Fintechs are under Benin Phone Number List pressure due to new economic conditions. Real estate tech companies have fac massive layoffs in 2022 as rising mortgage rates and inflation scare away would-be homebuyers. Even, is under pressure from the slowdown in e-commerce activity and is cutting costs. This shift has already undermin the position of fintech in the venture capital market – in the fourth quarter of 2022, the sector attract only 14% of all venture investments in the global market. This is ten percentage points lower than in the second quarter of 2021, when it peak at 24%. Card terminal manufacturer.
A technology that identifies the user
Ingenico and IT company Fujitsu have develop and allows him to make payments bas on the pattern of veins. The system BT Lists allows customers to authenticate their payments with a simple flick of the palm over an infrar sensor, without the ne for a card or PIN. To connect customers to the service, retailers scan their palm with an Ingenico device, after which the image is encrypt, tokeniz, and link to the user’s payment card in Ingenico’s secure cloud environment. Davos launch a universal network (UDPN) to provide where technology can make life easier for professionals and society AI white collar.