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Latin America’s crypto conquest is driven by consumers needs

PRNewswireJune 23, 20227 min
51% of consumers in Latin America have already made a transaction with crypto assets. Latin Americans desire flexibility and convenience in digital currencies and payments and are seeking more support from their financial institutions. The digital payments revolution that began during the pandemic is consolidating and driving Latin American interest in cryptocurrencies. 51% of consumers in the region have already made a transaction with cryptoassets and more than a third say they have made a payment...

Consumers Demanding Faster Payment Options to Fit Their Digital

PRNewswireMay 17, 20225 min
U.S. consumers are seeking faster payments in more areas of their increasingly on-demand lives, with four out of five saying they are interested in faster options to pay businesses, according to a survey released today by the Federal Reserve Banks. About 70% say having access to enhanced faster payment capabilities from their financial institution(s) is an important satisfaction driver. “From recurring payments to last-minute bill pay, consumers are looking for faster payment options that give them more...

Digital Payment Solutions Demand Growing For Consumers & Businesses

PRNewswireApril 27, 202213 min
In the wake of the coronavirus pandemic, the Payment Solutions industry has been hit quite hard, however the market has witnessed a complete change in consumers’ buying patterns and the market has grown and is projected to continue for years to come because of the pandemic!  Digital Payment methods are in high demand for consumers and businesses. Minimized customer spending, reduced trade in international markets, and unemployment across the globe has been decreased transaction volume in...

Mastercard Reinvents Installments for Consumers Payment Choices

BusinessWireSeptember 29, 202117 min
BNPL program to come to market in the U.S., Australia and the UK; Enables consumers to access this increasingly popular form of payment across its vast global acceptance network New Buy Now, Pay Later (BNPL) program gives consumers a flexible, ubiquitous way to pay online and in-store through equal, interest-free installments – an additional choice to debit, credit or prepaid cards. Mastercard Installments enables banks, lenders, fintechs and wallets the ability to offer BNPL experiences...

Consumers Credit Union Selects Baker Hill NextGen as FinTech Partner

PRNewswireFebruary 17, 20215 min
Baker Hill, the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, announces a new partnership with Consumers Credit Union. The Kalamazoo, Michigan-based credit union has selected Baker Hill NextGen®, Baker Hill’s unified solution, to support its growth, update lending procedures, and leverage member data to enhance efficiencies and member experience. Consumers is currently celebrating their 70th year since their establishment in 1951. In office and online, they currently serve more than...
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