pymnts.com pymnts.com

Brazil’s RecargaPay Raises $70 Million To Expand Payments App

Brazil’s RecargaPay has raised $70 million in a Series C funding round to expand its payments platform for consumers and small businesses. The funding round, led by IDC Ventures and Fuel Venture Capital, brings RecargaPay’s total funding to over $100 million. Other investors include Experian, LUN Partners and ATW, according to a press release. “Founded in Brazil in 2010, RecargaPay set out to provide a comprehensive and...

digitalpulse.pwc.com.au digitalpulse.pwc.com.au

Meeting the Design and Distribution Obligation with technology

Imagine walking into an auto dealership needing to buy a family car for the growing brood, and after getting advice from the sales staff, you walk away with a high-powered sports motorcycle. It’s a pretty unlikely scenario. While that may be true in the world of vehicle sales, in financial services, customer choices aren’t quite as clear. Not all consumers can spot the differences between financial products, and many rely heavily...

blogs.cisco.com blogs.cisco.com

What has work from home done for financial services?

It has been almost a year since the COVID-19 pandemic sent much of the workforce home. Before the pandemic 29% of financial services organizations had at least 60% of their workforce working from home at least once a week. Now, 69% of financial services companies expect to have at least 60% of their workforce working from home at least once a week moving forward (pwc.com). This is a dramatic change, and it is expected to continue long...