Fintech News

MARCH 19, 2025

The company cited delays in regulatory approvals, and will now focus on debt collection while continuing to serve existing investors and customers, Validus Vietnam has been scaling back its loan book in the country over the past year, reducing it by more than 50%. It plans to reassess lending only when there is greater regulatory clarity.

Finance 90

Finance Addressing Regulations Continuity 90

Finovate

MARCH 19, 2025

Tuum-powered institutions will also benefit from the ability to securely scale and operate in multiple markets thanks to real-time decisioning and continuous risk monitoring. The company was founded in 2019. This will enable them to onboard customers faster and comply with international KYC/AML regulations. Myles Bertrand is CEO.

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

Fintech Finance

FEBRUARY 19, 2025

The use of digital wallets has rapidly grown in recent years with the proportion of card transactions using a digital wallet increasing significantly from 11% in 2019 to 35% in 2023. They will continue to embrace digital improvements that benefit consumers.

Alternative Payment Methods 81

Alternative Payment Methods Contactless Payments Duplicate Financial Inclusion 81

The Fintech Times

FEBRUARY 3, 2025

Fintech SMEs in the City of London have secured 4.3billion in equity investment since 2019, making the sector the most dominant in the Square Miles thriving tech ecosystem, according to a new report from the City of London Corporation. These firms have collectively raised 6.7billion in equity since 2019. The Square Mile is home to 14.5

FinTech 64

FinTech Gateways Innovation Small Business 64

The Finance Weekly

MARCH 6, 2022

companies from 2009 to 2019, and found that female CFOs in general gave more concise responses backed by numbers- making them more straightforward and to the point. The question of why is often asked, but whatever the reasons behind it, we will continue to see the results and studies of more and more organizations being led by female CFOs.

Research 264

Research Origination Authorization Continuity 264

Fintech Finance

JANUARY 6, 2025

This milestone aligns with the banks continuous efforts to collaborate with FinTech companies to provide flexible solutions that contribute to advancing financial inclusion in line with the vision of the Egyptian government and the Central Bank of Egypt.

Central Bank 98

Central Bank PCI DSS FinTech Online and Mobile Banking 98

Bank Automation

APRIL 10, 2024

The shakeup at Truist Financial continues. Case took on the role of CIO at Truist in December 2019, according to his LinkedIn profile. Truist Financial Chief Information Officer Scott Case has left the Charlotte, N.C.-based based bank, a source close to the matter told Bank Automation News. He previously […]

Automation 122

Automation Continuity 122

Fintech Finance

JANUARY 20, 2025

A positive payment experience makes 82% of global online sports-bettors stay to continue wagering with sportsbooks, according to new research released today by leading payments platform Paysafe (NYSE: PSFE). About the 2025 All the Ways Players Pay Research Report Paysafe launched its All the Ways Players Pay research report series in 2019.

Security 98

Security Alternative Payment Methods Payments On-Demand 98

The Fintech Times

JANUARY 29, 2025

In 2024, Qatar continued to strengthen its position as a leading player in the global fintech and economic landscape. The following overview from Richie Santosdiaz reflects on the significant strides the country made in developing its fintech ecosystem and advancing its broader economic diversification agenda.

FinTech 59

FinTech Central Bank Authorization Legal 59

The Payments Association

OCTOBER 28, 2024

In the world of digital payments, fraud is an ever-present threat that continues to evolve, creating serious risks for both businesses and consumers. One of the most alarming trends identified in the report is the continued rise in social engineering scams, which now account for a significant portion of fraud activity.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

The Fintech Times

MAY 26, 2024

In September 2019, Konsentus started reporting on the number of regulated open banking third parties in the European Economic Area (EEA). Konsentus’ data reveals that in September 2019, 34 per cent of the total number of EEA TPPs could passport their open banking services to other EEA markets.

Cross-Border 129

Cross-Border Non-Bank Regulations Payments 129

PYMNTS

JANUARY 11, 2021

billion in 2019. billion in July 2019, according to reports. According to WSJ, remittances also appear to be up for 2020 compared to 2019 in Guatemala, El Salvador and Honduras. by Mexican immigrants continued in 2020, especially in the agricultural and construction sectors, WSJ reported.

Cross-Border 125

Cross-Border Funds Transfer Central Bank Economy 125

Fintech Finance

JANUARY 30, 2025

The company chose Checkout.com as its partner to support its global growth as the trend for booking travel experiences online continues to soar. Since 2019, using Online Travel Agencies (OTAs), such as GetYourGuide, to book travel experiences has grown by 200%, making it the fastest growing vertical for travel.

Payments 59

Payments On-Demand Acquirers Digital Payments 59

The Fintech Times

FEBRUARY 19, 2025

Essa Kazim, governor of DIFC “DIFCs Strategy 2030 continues to position us as the top global financial centre in the region and as one of the worlds leading financial centres,” added Essa Kazim , governor of DIFC. Positive change The Global Financial Centres Index continues to rank Dubai as the regions leading financial centre.

AI 75

AI FinTech Laws Authorization 75

PYMNTS

NOVEMBER 18, 2020

Mortgage originations, including refinances, continued on their upward trend as homeowners continue to take advantage of the low interest-rate environment,” Donghoon Lee , research officer at the New York Fed, said in the report, which tallied numbers through Sept. percent in 2019. percent in 2019. Mortgage debt hit $9.86

Credit Cards 124

Credit Cards Consumer Federal Reserve Fed 124

Finovate

SEPTEMBER 10, 2024

We are especially grateful for our attendees and sponsors, whose support continues make our Finovate conferences among the most anticipated events in our industry. Let’s also raise a glass to all of our demoing companies for their innovations in fields ranging from regtech and payments to lending, wealth management, and beyond.

Deepfake 111

Deepfake Innovation Advisors Risk Management 111

Fintech News

JANUARY 13, 2025

Recognising the need to address inefficient practices like manual processing, the Infocomm Media Development Authority implemented InvoiceNow, a nationwide E-invoicing network , in 2019 to help businesses improve efficiency and reduce cost. Automating these processes can benefit SMEs.

AI 120

AI Finance Automation SWIFT 120

The Fintech Times

MARCH 7, 2025

The Bank also finds that business investment by SMEs continued to be low, a key reason for the lag in UK productivity versus other G7 countries. The increasing role of challenger banks in 2024 is an encouraging sign, as is the continued rise of asset finance. ” Is a lack of access to finance the key issue?

Finance 59

Finance Credit Cards Small Business Continuity 59

PYMNTS

DECEMBER 4, 2020

The bank also processed record-breaking online and mobile payment transactions on Cyber Monday, up nearly 25 percent over 2019. That helped offset a 12 percent drop in payment authorizations at physical stores as people continue to largely lock down amid the coronavirus pandemic. “As with 2019 transaction volume exceeding $1.5

Online and Mobile Banking 115

Online and Mobile Banking NOV Treasury Processors 115

Fintech Finance

JULY 18, 2024

Rob, a Chartered Accountant, joins the Boku executive team and Board having spent over 25 years at Natwest Group plc (formerly Royal Bank of Scotland Group plc) where he held a number of senior roles, including Finance Director for Commercial and Private Banking from 2014 – 2019, which accounted for £5.7bn annual revenues in 2019.

Non-Bank 98

Non-Bank Payment Solutions Mobile Payments Finance 98

The Fintech Times

FEBRUARY 19, 2025

fact, digital wallet adoption more than tripled between 2019 and 2023, with the proportion of card transactions using a digital wallet increasing from eight per cent to 29 per cent, the regulators revealed. Digital wallets are rapidly increasing in popularity across the globe, not least in the UK.In

Regulations 72

Regulations Underserved Innovation Authorization 72

PYMNTS

NOVEMBER 16, 2020

A new report from TransUnion shows that average consumer-level credit card balances have declined during the course of the COVID-19 pandemic and now stand at $5,075 as of Q3 2020, down from $5,668 in Q3 2019. The recent declines in total credit card balances reverse a three-year trend between the third quarters of 2017-2019,” said TransUnion.

Credit Cards 121

Credit Cards Online and Mobile Banking Consumer Research 121

PYMNTS

JUNE 29, 2020

The money represented around a quarter of the total revenue the company had between 2016 and 2019. Earlier this year, EY said it had refused to sign off on Wirecard’s 2019 accounts due to the discrepancies and false statements around the missing money.

Audit 130

Audit Risk Management Accounts Risk 130

Fintech News

JANUARY 3, 2024

Founded in 2019 in Singapore, dtcpay is a regulated payment service provider in the Web 3.0 dtcpay said in a statement, “As we embark on this new chapter under Anson’s leadership, we anticipate an era of continued growth, innovation, and unwavering commitment to compliance and security. payments industry.

Web 3.0 111

Web 3.0 Compliance Cryptocurrency Blockchain 111

Clearly Payments

MARCH 18, 2025

Pre-Pandemic Growth (20152019) Between 2015 and 2019, the U.S. 2019 : The trend continued with 3.5 Pre-Pandemic Growth (20152019) Between 2015 and 2019, the U.S. 2019 : The trend continued with 3.5 2021 : The upward trend continued with a 22.7% 2021 : The upward trend continued with a 22.7%

Economy 52

Economy Small Business Credit Cards Legal 52

The Fintech Times

NOVEMBER 6, 2024

Pix has established itself as one of the leading digital payment methods across the globe, and to ensure more countries continue to accept the payment method, Peruvian fintech, B89 has partnered with PagBrasil , the cross-border solutions developer for Pix.

Cross-Border 64

Cross-Border Central Bank Instant Payments Transactions 64

PYMNTS

DECEMBER 14, 2020

In the How We Will Pay: Connected Devices research brief, a PYMNTS and Visa collaboration, we explore how the types of connected devices that consumers own are shifting as their lives continue to revolve around home. Thirty-three percent of consumers now own voice assistants, in fact, up from 31 percent in 2019 and 27 percent in 2018.

Consumer 111

Consumer Research Use Case Continuity 111

The Fintech Times

MARCH 20, 2025

In the summer of 2019, my friend Julio from my MBA reached out and said that he wanted to start his own company by building software for finance teams. That growth continued into 2022, reaching 120 team members by June – right as global markets shifted, with rising interest rates reshaping the economic landscape.

Finance 66

Finance Fraud Detection AI Regulations 66

Fintech News

MAY 8, 2024

He played a crucial role in the company’s public listing on the New York Stock Exchange in 2019. He will be a strong addition to our leadership bench, and I look forward to his contributions as we continue to deliver on our promise of providing reliable and seamless banking to our customers.”

Cybersecurity 107

Cybersecurity Technology Continuity Innovation 107

Clearly Payments

NOVEMBER 6, 2024

payment processing market remains a major player in the global economy, with transaction volumes that highlight the sector’s vast scale and continued expansion. trillion 2019 $4.0 Market Size and Growth The U.S. Credit card sales volume in the USA by year from 2018 to 2023 Year Credit Card Transaction Volume (USD) 2018 $3.7

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

The Payments Association

MARCH 19, 2025

However, there are considerable developments in both Europe and North America, with Apple Pay, Google Pay, and PayPal continuing to expand, with increasing merchant acceptance. For example, Goldman Sachs partnered with Apple for the Apple Card and savings account offering in 2019.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Fintech News

JANUARY 15, 2024

Lifepal was founded in 2019 by former Lazada executives Giacomo Ficari and Nicolo Robba, to offer over 300 policies across health, life, automotive, property, and travel. The company will continue providing online comparison services for car and health insurance.

Acquirers 117

Acquirers Underwriting Continuity FinTech 117

The Finance Weekly

MARCH 16, 2023

trillion at the end of 2019 before the pandemic. By staying vigilant and proactive, CFOs can help ensure their companies are well-positioned to weather financial storms and continue to thrive in the long term. Other banks may be harboring paper losses on large fixed-income portfolios as well, although not as large as SVB.

FDIC 264

FDIC Risk Compliance Finance 264

PYMNTS

JANUARY 22, 2021

Global payments firm MoneyGram is advancing its Visa debit card deposit service across Europe in a partnership with Checkout.com and continued collaboration with Visa’s real-time push payments platform Visa Direct. Consumer demand for real-time payments direct to bank accounts and mobile wallets continues to surge.”. using Visa Direct.

P2P 107

P2P Cross-Border Real Time Payments Cross-Border Payments 107

The Fintech Times

FEBRUARY 4, 2025

Source: The Fintech Times Key statistics Image Source: The Fintech Times This is an excerpt from The Fintech Times: Middle East and Africa (MEA) 2024 Report : read online The post How is Senegal Leveraging Fintech to Overcome Major Inclusion and Economic Challenges?

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

PYMNTS

NOVEMBER 30, 2020

percent increase from the share who did so in 2019. percent more than those who shopped online on Black Friday in 2018, demonstrating the continuation of a much longer and broader transition that has been driving more consumers to shop online with each passing year. Our research shows that 74.1 It is also 27.1 This compares to 45.1

Debit Card 128

Debit Card PayPal Credit Cards Consumer 128

Fintech News

MARCH 10, 2024

UOB’s analysis reveals a 70% surge in total billings for the UOB Lady’s Debit and Credit Cards from 2019 to 2023, with transactions more than doubling in the same timeframe. We leverage these useful insights to continually enhance our products and offerings for ladies.

Credit Cards 107

Credit Cards Deposit Account SWIFT Adjustments 107