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Fintech Insider Podcast by 11:FS
798. News: JP Morgan's former fintech lead launches TodayPay and Airwallex target LATAM
Oct 30, 2023
Former J.P. Morgan fintech lead launches TodayPay, Airwallex expands into LATAM, Marqeta launches a credit card platform, CFPB issues open-banking proposal, FCA lifts ban on banker's bonuses, Central Bank of UAE launches payments platform, and a WhatsApp scammer goes viral.
01:05:17
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Quick takeaways
- Today Pay aims to enhance customer loyalty and increase checkout conversion rates by offering instant refunds and different payment options.
- Airwallex's acquisition of MEX Pargo expands its presence in Latin America, providing businesses with cross-border payment solutions in a growing market.
Deep dives
JP Morgan's former head of Fintech launches Today Pay to solve refund delays
Today Pay, launched by JP Morgan's former head of Fintech, aims to provide instant refunds to customers, addressing the problem of lengthy refund processes. By offering different payment options, Today Pay aims to enhance customer loyalty, reduce disputes and fraud, and increase checkout conversion rates. The platform already has the support of backers like Visa and Amazon Web Services.
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