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NewsBriefs
This article contains excerpts from news stories recently posted under In fact, registration for that event is underway already.
Breaking Industry News on our homepage. For links to these and other The excitement was palpable and on display as old friends
full news stories, please visit www.greensheet.com/breakingnews.php. and colleagues—many of whom hadn't seen each other in
over a year—embraced and networked in the exhibit hall,
conference sessions and hotel lobby.
Study highlights fintech diversity, consolidation
A new report titled The Changing FinTech Landscape: A
Snapshot of M&A Themes and Trends explores the maturing,
consolidating fintech ecosystem. It provides perspectives
from global law firm Shearman & Sterling, fintech
accelerator Rise by Barclays, and research advisory
S&P Global Market Intelligence. Diverse perspectives
on emerging trends and dominant brands shaping the
consolidating U.S. fintech industry presented in the report
MWAA attracts nearly 1,000 attendees were further explored on July 29, 2021, in a webinar hosted
by S&P Global Market Intelligence.
In-person meetings are back! That was one clear message
from the Midwest Acquirers Association's annual Shearman & Sterling's Donna Parisi mentioned the report
conference. The event attracted 949 attendees, with the was a joint effort to analyze data across a diversity of
exhibit hall at times so packed the din of conversations financial institutions, fintechs and service providers.
was almost deafening. "We made it," Rod Katzfey of "The analysis and conclusions in this report are based on
Katzfey International and MWAA president, proclaimed data provided by our colleagues at S&P Global Market
as he kicked off the event. Katzfey also mentioned that Intelligence, underlining their role as a market-leading
next year's event (the 20th annual) will be held at the same provider of information, research and analysis in the
venue, July 27 and 28, 2022.
FinTech sector and beyond," she stated.
Major players pumped for BNPL
The buy now pay later (BNPL) market is heating up. In
July 2021, Visa Canada heralded a new partnership
2021 with Global Payments and Desjardins, a Quebec-based
card issuer, to bring BNPL to eligible cardholders in
the Canadian market. A U.S. rollout of the new service,
STILL known as Visa Installments, will soon follow, according
where the industry meets to recent comments by Visa executives. Not to be left out
of the action, payments disruptor Square disclosed on
gaylord opryland | nashville | july 25-27 Aug. 1 that it plans to acquire Afterpay, one of the largest
players in the BNPL market, in an all-stock deal valued at
$29 billion.
BNPL schemes allow consumers to spread the cost of
purchases across a set period of time through weekly,
bi-weekly or monthly installments. They are akin to the
layaway plans that were popularized by retailers in the
1960s and 1970s, with one important difference: consumers
take immediate possession of their purchases just as they
would with any other POS transaction. BNPL options
one-stop shop to advance your POS sales A Also find us on lso find us on FFacebook, acebook,
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most up-to-date stories, t up-to-date stories,
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can’t miss events and newest an’t miss events and newest
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