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Fintech
Europe's Economic Crossroads: Recession Fears and S&P Global's
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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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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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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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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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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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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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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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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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FinTech
Equals Group Extends Takeover Deadline amid London Fintech Exodus
2024-01-24T12:43:44.590+02:00
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.
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FinTech
Commerzbank Extends Collaboration with Worldline, Unveiling Real-Time Euro Transfers
2024-01-24T11:34:33.300+02:00
SNB mandates instant payment acceptance by financial institutions from August 2024.
Commerzbank utilizes Worldline's integrated Payments Back-Office for real-time transactions.
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FinTech
Exploring New Frontiers: B2B Fintechs as Game Changers in SME Growth
2024-01-23T19:51:26.132+02:00
Fintech's role in SME resilience.
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Pedro Ferreira
FinTech
Visa and Plug and Play Join Forces to Boost the Canadian Fintech Market
2024-01-22T16:23:35.756+02:00
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.
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Jared Kirui
FinTech
Apple's NFC Opening Paves the Way for Resolution in EU Antitrust Clash
2024-01-19T16:17:00.610+02:00
The 2020 EU dispute claimed Apple limited NFC access, raising antitrust concerns.
The proposal allows third-party NFC access via APIs, without needing Apple Pay.
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Executives
Broadridge Canada Appoints Chad Alderson as General Manager for Global Tech and Operations
2024-01-18T17:46:28.596+02:00
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.
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FinTech
Ebury Launches Bank in Brazil, Eyes Further Expansion and IPO
2024-01-18T10:45:00.212+02:00
Ebury Bank will target foreign trade companies.
Ebury grows in Brazil, Chile, and South Africa, focusing on SMEs and API services.
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FinTech
Innovation Beyond Compliance? Understanding the DMA Dilemma
2024-01-17T13:04:31.055+02:00
Breaking the Mold: DMA and the Audacity of Innovation
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FinTech
Visa's $1.2 Billion Move Unlocks New Banking and Payment Products
2024-01-17T12:57:10.730+02:00
The finance giant finalizes its acquisition of cloud-based fintech Pismo.
Pismo's tech aids Visa's expansion into broader banking and payment services.
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FM-Events
African Fintech Landscape: Upcoming Key Events and Conferences in 2024
2024-01-17T12:12:31.456+02:00
Fintech events and conferences hold a unique place in the African fintech landscape.
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Jeff Patterson
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FinTech
"Bypassing Legacy Systems, Clients Embrace Technologies for Payment”: Experts' Insight
2024-01-17T11:07:40.220+02:00
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.
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FinTech
Equals Group Ends 2023 on High Note with 37% Revenue Surge
2024-01-16T10:01:52.152+02:00
The rise was driven by growth in its Solutions business and B2B products.
Despite an ongoing strategic review, Equals expressed confidence in its growth prospects.
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FinTech
UAE's Fintech Market Rises 92% amidst Global Funding Slowdown
2024-01-10T12:23:53.995+02:00
Fintech investments globally drop to $51.2 billion in 2023.
The Middle East and Asia buck this trend, maintaining positive dynamics.
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FinTech
Behind the Headlines: The Delicate Dance of Data Security in Open Banking
2024-01-08T17:26:02.199+02:00
CFPB's open banking proposal faces industry scrutiny.
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FinTech
The Great Fintech Slowdown: US and UK's Funding Struggle in 2023
2024-01-08T13:16:58.478+02:00
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.
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