Just as many traditional financial institutions are being forced to improve their conventional product offering due to the innovations made by Fintech companies and start-ups, credit card lenders are also set for disruption. In the more than 55 years since Barclays launched the first credit card in the UK, the financial ecosystem has shifted dramatically.
Tuesday 17 August 2021 by FTT Team
It’s not hard to see why consumers have embraced Buy Now Pay Later (BNPL) services with open arms in recent years. According to research from Finder.com, 37% of Brits say they have used a BNPL service in the past with more than half of BNPL users reporting to use these services more since the beginning of COVID. While BNPL is growing increasingly popular, especially among Millennials,
How payment cards can take crypto mainstream The number of cryptocurrencies now exceeds 5,200, according to Investing.com, evidence that cryptocurrencies are increasingly viewed as viable stores of value. However, the technology that supports Bitcoin, Ethereum, Binance Coin, and Dogecoin trading has some inherent limitations. Even the most popular cryptocurrencies today are not easily accessible for everyday