The NASDAQ fintech index, heavily weighted with world finance payments firms, advanced 1.1% on above-average trading volume, signaling institutional rotation into cashless transaction plays. Q4 forecasts hint at continued secular growth. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Mastercard and Visa. The Motley Fool has a disclosure policy . Financial Consumer Protection and Fintech: An Overview of New Manifestations of Consumer Risks and Emerging Regulatory Approaches (2022) Consumer demand for BNPL (Buy Now, Pay Later) services has accelerated, supporting expansion in world finance payments firms. The shift from traditional credit cards is being monitored closely by equity analysts.