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Fintech
Europe's Economic Crossroads: Recession Fears and S&P Global's
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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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Tareq Sikder
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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Tareq Sikder
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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Damian Chmiel
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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Tareq Sikder
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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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Pedro Ferreira
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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Damian Chmiel
FinTech
Charting a Skills-Centric Course in Financial Services
2024-02-07T18:50:39.061+02:00
Rethinking financial services workforce dynamics.
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Pedro Ferreira
FinTech
Latin America Embraces Banking-as-a-Service: Projects 14% Annual Growth through 2027
2024-02-07T16:31:08.764+02:00
The market size for BaaS is expected to grow annually USD $2,430 billion by 2027.
Open APIs play a crucial role in facilitating the integration of banking functionalities into FinTech and IT platforms.
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Pritesh Patel
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FinTech
Nuvei Introduces Omnichannel Payments Solution for Global Merchants
2024-02-07T15:51:55.895+02:00
The technology combines CP and CNP capabilities, serving diverse industries.
The firm operates in 50 countries with local acquiring and 680 online payment methods.
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Tareq Sikder
FinTech
Fintech and VC Funding Plummet off a Cliff: Worst Results in 5 Years
2024-02-07T13:20:37.957+02:00
Fintech funding has reached its lowest levels since 2017
Declines have spared virtually no region or industry.
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Damian Chmiel
Payments
TCS Edges Closer to Taking Over UK's Faster Payments Service
2024-02-06T11:54:18.240+02:00
This initiative aims to streamline clearing and settlement by overhauling the Faster Payments.
Earlier, the Australian Securities Exchange replaced CHESS with the TCS solution.
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Tareq Sikder
FinTech
Praxis Implements 3DS Cascading to Enhance Transaction Security
2024-02-01T13:14:48.572+02:00
The platform streamlines authentication while meeting SCA requirements.
Smart Routing minimizes repetitive verifications by finding optimal payment routes.
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Tareq Sikder
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FinTech
"First Year Marketing Success Centers on Data": Experts Share Insights
2024-01-31T19:00:02.141+02:00
The FMLS:23 panelists on the “Marketing in Fintech Startups” emphasized the importance of identifying the audience from day one.
They advocated for a balance between tech-driven data analytics and human touch.
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Tareq Sikder
FinTech
ISX Financial's Q4 Revenue Hits €10.5 Million: A 35% Growth
2024-01-31T14:03:43.873+02:00
The firm has reported €9.5 million gross profit amidst a Q-o-Q revenue surge of 39%.
The report has revealed a notable €3.1 million profit before tax.
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Retail FX
“Diversity Must Match Local Demographics and Talent Pools”: Experts Opine
2024-01-30T13:34:16.651+02:00
The panelists of FMLS:23 on 'Growth Driving Leadership' endorsed innovation and feedback as business catalysts.
They noted the industry’s rapid evolution by regulatory changes, technology, and market shifts.
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FinTech
Fintech Fintel Reveals 2023 Results and Two Expansion Moves
2024-01-30T12:04:03.315+02:00
The company reported a jump of 6% EBITDA to £20.5 million.
However, Fintel share price fell following the trading update.
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Damian Chmiel
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FinTech
bunq Closes 2023 with €53 Million in Profit, Applies for UK License
2024-01-30T07:44:56.412+02:00
The company intends to tap the estimated 2.8 million British digital nomads.
Customer deposits on the platform increased to about €7 billion.
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Arnab Shome
FinTech
Insights from FMLS:23 "AI in the Finance Will Be Worth $64 Billion by 2030"
2024-01-29T19:53:36.327+02:00
The panelists on “What’s Next for Fintech?” underscored a notable rise in the adoption of embedded finance.
They highlighted AI's potential to slash operating costs by a trillion dollars by the end of the decade.
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Tareq Sikder
FinTech
"Less Cash, Identity, Risk, Transition, Coexistence, and Channeling": Experts' Insight
2024-01-29T16:52:03.050+02:00
The FMLS:23 panel on ‘Banking Reimagined’ emphasized a composite ID approach, drawing from Estonia and Ukraine.
The panelists discussed banking's evolution, highlighting challenges from digital entrants and stressing innovation.
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Tareq Sikder
Payments
What AI Can't Generate and How Israeli Tech Stays Strong
2024-01-29T10:32:52.934+02:00
Israel’s tech industry is adapting to the impact from the war.
Despite challenges, attendees at Fintech Junction 2024 were positive about the future.
AI will have a role in financial services, but it has to find a place.
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Finance Magnates Staff
ADVERTISEMENT
FinTech
FMLS:23 Insights: "Super Apps Must Embrace Regulatory Frameworks to Build Consumer Trust"
2024-01-26T18:46:01.516+02:00
The panelists described super apps as a revolutionary concept in the mobile economy.
Besides that, collaborations, regulatory challenges, and the impact of Web 3.0 were discussed.
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Jared Kirui
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