fintech
Insights from FMLS:23 "AI in the Finance Will Be Worth $64 Billion by 2030"
- 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.
Monday, 29/01/2024 | 17:53 GMT by
Tareq Sikder
"Less Cash, Identity, Risk, Transition, Coexistence, and Channeling": Experts' Insight
- 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.
Monday, 29/01/2024 | 14:52 GMT by
Tareq Sikder
What AI Can't Generate and How Israeli Tech Stays Strong
- 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.
Monday, 29/01/2024 | 08:32 GMT by
Finance Magnates Staff
FMLS:23 Insights: "Super Apps Must Embrace Regulatory Frameworks to Build Consumer Trust"
- 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.
Friday, 26/01/2024 | 16:46 GMT by
Jared Kirui
Equals Group Extends Takeover Deadline amid London Fintech Exodus
- The takeover deadline for Equals Group and Madison Dearborn is extended until 5 pm on February 21.
- Last year, the firm expanded its portfolio by acquiring Oonex S.A. and Roqqett Limited.
Wednesday, 24/01/2024 | 10:43 GMT by
Tareq Sikder
Commerzbank Extends Collaboration with Worldline, Unveiling Real-Time Euro Transfers
- SNB mandates instant payment acceptance by financial institutions from August 2024.
- Commerzbank utilizes Worldline's integrated Payments Back-Office for real-time transactions.
Wednesday, 24/01/2024 | 09:34 GMT by
Tareq Sikder
Exploring New Frontiers: B2B Fintechs as Game Changers in SME Growth
- Fintech's role in SME resilience.
Tuesday, 23/01/2024 | 17:51 GMT by
Pedro Ferreira
Visa and Plug and Play Join Forces to Boost the Canadian Fintech Market
- This alliance aims to foster collaborations and learn through Visa-powered events.
- Visa has introduced initiatives like the Fintech Fast Track Program to enhance the payment ecosystem.
Monday, 22/01/2024 | 14:23 GMT by
Jared Kirui
Broadridge Canada Appoints Chad Alderson as General Manager for Global Tech and Operations
- His role involves the optimization of global trading technology and operations.
- Chad Alderson will oversee Broadridge's wealth, capital markets, and asset management business activities in Canada.
Thursday, 18/01/2024 | 15:46 GMT by
Jared Kirui
Innovation Beyond Compliance? Understanding the DMA Dilemma
- Breaking the Mold: DMA and the Audacity of Innovation
Wednesday, 17/01/2024 | 11:04 GMT by
Pedro Ferreira
"Bypassing Legacy Systems, Clients Embrace Technologies for Payment”: Experts' Insight
- The FMLS panel on “Who Drives the Future of the Payments” advised investing in a robust compliance team and understanding local intricacies.
- The talk highlighted how blockchain enhances risk management, ensuring security, and addressing data concerns.
Wednesday, 17/01/2024 | 09:07 GMT by
Tareq Sikder
Behind the Headlines: The Delicate Dance of Data Security in Open Banking
- CFPB's open banking proposal faces industry scrutiny.
Monday, 08/01/2024 | 15:26 GMT by
Pedro Ferreira
The Great Fintech Slowdown: US and UK's Funding Struggle in 2023
- US fintech funding falls 36% to $18.2 Billion in 2023, while the UK sees 63% drop to $4.2 Billion.
- Economic challenges lead to those significant downturns in the biggest fintech economies.
Monday, 08/01/2024 | 11:16 GMT by
Damian Chmiel
Innovating Together: The Blueprint for Bank-Fintech Triumph
- Prioritizing People and Processes over Technology
Friday, 05/01/2024 | 18:28 GMT by
Pedro Ferreira
LendTech Revolution: Rethinking Business Loans in the Digital Age
- Smart contracts, smarter lending.
Friday, 05/01/2024 | 16:13 GMT by
Pedro Ferreira
Adyen Expands Reach to Icelandic Market through Collaboration with Straumur
- Serving 1,700 merchants, Straumur facilitates transactions through in-person, e-commerce, and app channels.
- In this collaboration, Adyen takes on the role of the card acquiring bank.
Thursday, 04/01/2024 | 10:14 GMT by
Tareq Sikder
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