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Payments
Nubank Sets Sights on Becoming Latin America's Largest Fintech
2024-02-26T09:57:50.304+02:00
Nubank achieved $1 Billion net profit, marking a significant turnaround from previous years.
The company's customer base reached nearly 94 million across Brazil, Mexico, and Colombia.
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FinTech
Ebury and Nium Forge Partnership for Cross-Border Payments in Brazil
2024-02-22T16:43:18.933+02:00
Nium's payment network facilitates payouts in over 100 currencies to more than 190 countries.
Ebury utilizes Nium's infrastructure in Europe for payments.
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FinTech
Automated Investing: Revolut Introduces Robo-Advisor Services in the EEA
2024-02-22T15:52:58.526+02:00
With a 100 Euro minimum investment, Revolut is expanding investing opportunity.
Clients customize their investment parameters for the Robo-Advisor to construct a tailored portfolio.
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FinTech
Adapting Payment Systems for an Aging Population
2024-02-22T11:00:05.087+02:00
Fostering a financial landscape that empowers every individual, regardless of age.
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FinTech
Ethical Spending: Fintech's Revolutionary Impact on Consumer Choices
2024-02-22T11:00:04.196+02:00
Understanding the fusion of fintech and conscious consumerism.
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FinTech
BVNK Expands Operational Reach with EMI License for European Markets
2024-02-21T18:08:35.195+02:00
The B2B payments sector is expected to grow to $137 trillion by 2027.
The firm now offers vIBANs in EUR and GBP for key UK and European payment schemes.
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Payments
Payments and Mental Health: Exploring Fintech Solutions for Financial Well-Being
2024-02-21T18:00:01.876+02:00
Creating human-centric financial experiences.
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Payments
Nuvei Sets Sights on the Colombian Market with Direct Payment Access
2024-02-20T21:16:17.507+02:00
The company aims to enhance international expansion for Colombian businesses.
Nuvei's direct payment access enhances processes for eCommerce platforms.
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FinTech
OpenPayd Teams Up with TrueLayer to Enhance Global Payment Solutions
2024-02-20T19:38:19.714+02:00
TrueLayer's network enables global instant payments from the UK and Europe.
With 80+ banks involved, the rise of open banking signals cost savings potential.
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FinTech
Monzo's Valuation Poised to Hit £4 Billion in Latest Capital Raise
2024-02-20T13:37:12.624+02:00
The challenger bank's upcoming funding could hit £350 million.
Despite the fintech investment dip, Monzo defies the trend with a new hefty round.
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FinTech
Merchants Embrace Fintech Innovations: $1.2 Trillion Revenue Forecasted by 2030
2024-02-20T11:44:32.725+02:00
Generative AI is becoming integral to fintech business ecosystems.
Social commerce is expanding with personalized experiences to enhance convenience in transactions.
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Executives
Options Technology Names Marlena Efstratopoulou as Chief Information Security Officer
2024-02-15T15:43:39.809+02:00
The company aims to enhance its security and risk functions.
Previously, Efstratopoulou worked as the Chief Information Security Officer at Fixnetix.
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Payments
Revolut Introduces AI Scam Detection to Foil Fraudulent Transactions
2024-02-15T12:09:53.161+02:00
The feature assesses and declines transactions with potential scam involvement.
The firm's financial crime team internally developed the feature.
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CryptoCurrency
Bonk Goes Mainstream: Revolut's Leap into Meme Coin Adoption
2024-02-15T11:19:52.253+02:00
The learn campaign aims to grow Bonk's user base by 500,000 individuals.
Six out of twelve council members voted in favor with no opposing votes.
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Payments
Fiserv Integrates NCR Atleos' ATMs to Expand Access to Cash Services
2024-02-14T22:15:51.319+02:00
This service will be available at Atleos’ ATMs accepting cash.
The partnership aims to cater to consumers who prefer cash payments.
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FinTech
Quantum Computing and Payment Security
2024-02-14T18:48:16.792+02:00
Navigating the next frontier.
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FinTech
Klarna's New Feature 'Sign In with Klarna' Puts Data in Users' Hands
2024-02-14T13:50:22.744+02:00
In 23 countries, Klarna's service addresses challenges from Apple and Google's cookie changes.
The service succeeded in Sweden, initially tested with platforms like Maitres and Tradera.
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Thought Leaders
Top 10 Fintech Companies to Watch in 2024
2024-02-14T13:11:48.622+02:00
Explore the advancements made by top companies in the Fintech industry.
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FinTech
Clearstream and iCapital Team Up to Optimize Private Market Investments
2024-02-14T12:11:28.637+02:00
This expansion builds upon an existing €10 billion investment of iCapital funds through Clearstream.
The collaboration benefits Clearstream's global Fund Services, spanning over 100 countries.
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FinTech
Payments Infrastructure Provider Banxa Joins FCA's Roster
2024-02-13T15:35:36.802+02:00
The firm offers fiat-processing services to cryptocurrency exchanges like Binance and OKX.
Unregistered firms have reassessed operations, resulting in service withdrawals for specific clientele.
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FinTech
Cornerstone Ventures Northward: Secures License for Canadian Operations
2024-02-13T11:24:19.797+02:00
The company has obtained an MSB license from Canada's Financial Transactions Center.
Earlier, the firm partnered with Mastercard to launch a new corporate card product.
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Payments
Egypt Poised to Become the Next Digital Payments Leader in the Middle East after UAE
2024-02-12T11:56:00.000+02:00
Mastercard aims to revolutionize Egypt's digital payments, targeting the $20.6 billion market.
Digital payment trends focus on BNPL growth, market expansion, and open banking consolidation.
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FinTech
Revolut Dives Headfirst into Telecom Sector with eSIM Plans
2024-02-12T11:23:51.342+02:00
The eSIM service provides affordable global data amidst Brexit-driven roaming cost hikes.
It offers financial services like bank accounts, currency exchange, insurance, and travel bookings.
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FinTech
Transforming Banking for Inclusive Finance
2024-02-08T17:28:35.024+02:00
Strategies to bridge digital divides in emerging markets.
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Retail FX
XTB Aims for £400 Billion Market in The UK, Anticipates "Strong Take Up"
2024-02-08T13:27:44.124+02:00
In the coming weeks, the fintech is set to submit an ISA application.
This will open the path to a market with 12 million new subscriptions every year.
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