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FinTech

BVNK Expands Operational Reach with EMI License for European Markets

  • 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.
Wednesday, 21/02/2024 | 16:08 GMT by Tareq Sikder
Payments

Payments and Mental Health: Exploring Fintech Solutions for Financial Well-Being

  • Creating human-centric financial experiences.
Wednesday, 21/02/2024 | 16:00 GMT by Pedro Ferreira
Payments

Nuvei Sets Sights on the Colombian Market with Direct Payment Access

  • The company aims to enhance international expansion for Colombian businesses.
  • Nuvei's direct payment access enhances processes for eCommerce platforms.
Tuesday, 20/02/2024 | 19:16 GMT by Jared Kirui
FinTech

OpenPayd Teams Up with TrueLayer to Enhance Global Payment Solutions

  • 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.
Tuesday, 20/02/2024 | 17:38 GMT by Tareq Sikder
FinTech

Monzo's Valuation Poised to Hit £4 Billion in Latest Capital Raise

  • The challenger bank's upcoming funding could hit £350 million.
  • Despite the fintech investment dip, Monzo defies the trend with a new hefty round.
Tuesday, 20/02/2024 | 11:37 GMT by Damian Chmiel
FinTech

Merchants Embrace Fintech Innovations: $1.2 Trillion Revenue Forecasted by 2030

  • Generative AI is becoming integral to fintech business ecosystems.
  • Social commerce is expanding with personalized experiences to enhance convenience in transactions.
Tuesday, 20/02/2024 | 09:44 GMT by Pierre Raymond
Executives

Options Technology Names Marlena Efstratopoulou as Chief Information Security Officer

  • The company aims to enhance its security and risk functions.
  • Previously, Efstratopoulou worked as the Chief Information Security Officer at Fixnetix.
Thursday, 15/02/2024 | 13:43 GMT by Jared Kirui
Payments

Revolut Introduces AI Scam Detection to Foil Fraudulent Transactions

  • The feature assesses and declines transactions with potential scam involvement.
  • The firm's financial crime team internally developed the feature.
Thursday, 15/02/2024 | 10:09 GMT by Tareq Sikder
CryptoCurrency

Bonk Goes Mainstream: Revolut's Leap into Meme Coin Adoption

  • 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.
Thursday, 15/02/2024 | 09:19 GMT by Tareq Sikder
Payments

Fiserv Integrates NCR Atleos' ATMs to Expand Access to Cash Services

  • This service will be available at Atleos’ ATMs accepting cash.
  • The partnership aims to cater to consumers who prefer cash payments.
Wednesday, 14/02/2024 | 20:15 GMT by Jared Kirui
FinTech

Quantum Computing and Payment Security

  • Navigating the next frontier.
Wednesday, 14/02/2024 | 16:48 GMT by Pedro Ferreira
FinTech

Klarna's New Feature 'Sign In with Klarna' Puts Data in Users' Hands

  • 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.
Wednesday, 14/02/2024 | 11:50 GMT by Tareq Sikder
Thought Leaders

Top 10 Fintech Companies to Watch in 2024

  • Explore the advancements made by top companies in the Fintech industry.
Wednesday, 14/02/2024 | 11:11 GMT by James Clifford
FinTech

Clearstream and iCapital Team Up to Optimize Private Market Investments

  • 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.
Wednesday, 14/02/2024 | 10:11 GMT by Tareq Sikder
FinTech

Payments Infrastructure Provider Banxa Joins FCA's Roster

  • 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.
Tuesday, 13/02/2024 | 13:35 GMT by Tareq Sikder
FinTech

Cornerstone Ventures Northward: Secures License for Canadian Operations

  • 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.
Tuesday, 13/02/2024 | 09:24 GMT by Tareq Sikder
Payments

Egypt Poised to Become the Next Digital Payments Leader in the Middle East after UAE

  • 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.
Monday, 12/02/2024 | 09:56 GMT by Damian Chmiel
FinTech

Revolut Dives Headfirst into Telecom Sector with eSIM Plans

  • 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.
Monday, 12/02/2024 | 09:23 GMT by Tareq Sikder
FinTech

Transforming Banking for Inclusive Finance

  • Strategies to bridge digital divides in emerging markets.
Thursday, 08/02/2024 | 15:28 GMT by Pedro Ferreira
Retail FX

XTB Aims for £400 Billion Market in The UK, Anticipates "Strong Take Up"

  • 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.
Thursday, 08/02/2024 | 11:27 GMT by Damian Chmiel
FinTech

Charting a Skills-Centric Course in Financial Services

  • Rethinking financial services workforce dynamics.
Wednesday, 07/02/2024 | 16:50 GMT by Pedro Ferreira
FinTech

Latin America Embraces Banking-as-a-Service: Projects 14% Annual Growth through 2027

  • 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.
Wednesday, 07/02/2024 | 14:31 GMT by Pritesh Patel
FinTech

Nuvei Introduces Omnichannel Payments Solution for Global Merchants

  • The technology combines CP and CNP capabilities, serving diverse industries.
  • The firm operates in 50 countries with local acquiring and 680 online payment methods.
Wednesday, 07/02/2024 | 13:51 GMT by Tareq Sikder
FinTech

Fintech and VC Funding Plummet off a Cliff: Worst Results in 5 Years

  • Fintech funding has reached its lowest levels since 2017
  • Declines have spared virtually no region or industry.
Wednesday, 07/02/2024 | 11:20 GMT by Damian Chmiel
Payments

TCS Edges Closer to Taking Over UK's Faster Payments Service

  • This initiative aims to streamline clearing and settlement by overhauling the Faster Payments.
  • Earlier, the Australian Securities Exchange replaced CHESS with the TCS solution.
Tuesday, 06/02/2024 | 09:54 GMT by Tareq Sikder
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