Bank Automation

JANUARY 22, 2025

While fintech funding this year may not match the $143 billion it reached in 2021, it is forecast to grow marginally higher than 2024, when funding fell 20% year over […] The post 22 startups to watch in 2025 appeared first on Bank Automation News.

Automation 94

Automation FinTech Posting AI 94

Fintech News

NOVEMBER 6, 2024

When rates were previously cut between 2019 and 2021, ASEAN fintech funding peaked at US$6.36 billion in 2021, the region’s highest annual total in the past decade. The recent interest rate cuts by the US Federal Reserve are expected to support further growth. The report was launched at the Singapore Fintech Festival.

FinTech 108

FinTech Federal Reserve Cross-Border Innovation 108

Payments Dive

APRIL 24, 2023

Card, ACH and check payment values climbed from 2018 to 2021, as cash was left behind, according to the Federal Reserve’s noncash payments study.

ACH 195

ACH Federal Reserve Fed Payments 195

Fintech News

JANUARY 13, 2025

A Tracxn Technologies report highlights that the Southeast Asia fintech ecosystem experienced its zenith in 2021, marking the highest annual equity funding in the last decade. A visual overview of the SEA fintech sector’s funding trajectory from 2017 to 2024, showcasing the sharp decline after a record-breaking 2021.

FinTech 115

FinTech Cross-Border On-Demand Innovation 115

The Fintech Times

APRIL 10, 2025

Since its launch in 2021, Shop Pay instalments have seen widespread use, with millions of consumers actively utilising this payment method across Shopify’s extensive merchant network in the US.

Cross-Border 98

Cross-Border Payments Payment Networks Consumer 98

Fintech News

OCTOBER 31, 2024

Founded in 2021, Partior utilizes blockchain technology to transform clearing and settlement, and redefine the way value moves globally. Established in 2021, Tazapay is a leader in cross-border payment solutions, serving small and medium-sized enterprises (SMEs) and business-to-business (B2B) marketplaces from around the world.

Cross-Border Payments 132

Cross-Border Payments Cross-Border Payment APIs and Integration Multi-Currency 132

Fintech News

APRIL 2, 2025

This marks the initiative’s transition from a Bank for International Settlements (BIS) experimental project, started in 2021, into practical implementation. NGP, incorporated as a non-profit company limited by guarantee, will oversee the operationalisation of the Nexus scheme.

Global Payments 105

Global Payments Cross-Border Payments Central Bank Cross-Border 105

Fintech News

MARCH 24, 2025

These additions build on Worldcoins biometric foundation, which relies on iris-scanning orbs for identity verification a controversial component of the project since its debut in 2021. Worldcoin has faced mounting regulatory scrutiny in several jurisdictions, including Singapore and Hong Kong.

Stablecoins 113

Stablecoins Request for Comment Push-to-Card Card Issuer 113

Fintech News

NOVEMBER 27, 2024

Established in 2021 and backed by DBS Bank, J.P. The bank plans to act as a Euro and US dollar settlement bank on Partior’s platform, aligning with its dbX initiative—a correspondent banking ecosystem launched to optimize financial institution client services.

Cross-Border 115

Cross-Border SARS Multi-Currency Correspondent Bank 115

Fintech News

APRIL 9, 2025

Since 2021, it has also offered outward transfers from India through its own AD-II licence, allowing customers to remit up to US$250,000 annually under the Liberalised Remittance Scheme. Wise says transfers are processed within 90 minutes during business hours, with automatic eFIRC delivery via email.

APACS 98

APACS Payments Accounts International Payments 98

Bank Automation

FEBRUARY 21, 2025

San Francisco-based Block, which rebranded from Square in 2021, acquired buy now, pay later (BNPL) service provider Afterpay that same year for $29 billion. Block is rolling out Afterpay on its Cash App card this week after a year of testing the buy now, pay later service.

Blocks 85

Blocks BNPL Volume Acquirers 85

Finovate

APRIL 8, 2025

With this in mind, today we showcase Finovate alums in recent years that have made financial literacy a key part of their mission when it comes to building new fintech solutions.

Financial Literacy 64

Financial Literacy AI Acquirers Innovation 64

TechCrunch Fintech

FEBRUARY 26, 2025

Founded in July 2021 by Marcelo Lutz and Roberto Biselli, who serve as co-CEOs, Sao Paulo-based Capim describes itself as a vertical SaaS company specializing in the […] 2024 TechCrunch. Capim, a startup offering Brazilians the option to buy now, pay later (BNPL) for dental services, has raised $26.7 All rights reserved.

BNPL 71

BNPL FinTech 71

Payments Dive

NOVEMBER 8, 2023

The bank, between 2015 and 2021, denied certain credit card products to applicants with surnames ending in “ian” and “yan,” suffixes that Citi employees associated with Armenian national origin, the CFPB said.

CFPB 159

CFPB Credit Cards Origination Product 159

Fintech News

OCTOBER 21, 2024

According to the 2021 Financial Inclusion Survey by the Bangko Sentral ng Pilipinas (BSP), formal account ownership stood at 56% in 2021, a remarkable rise from 29% in 2019, 23% in 2017 and 17% in 2015. In 2021, e-money accounts surpassed bank accounts as the most commonly held financial accounts in the country.

Financial Inclusion 143

Financial Inclusion Payments Embedded Finance Push-to-Card 143

The Fintech Times

NOVEMBER 14, 2024

In Bahrain, the volume of e-wallet transactions almost tripled between 2020 and 2021. This has had a huge impact on the growth in outgoing remittances – which rose from $25billion in the early 2000s, to $134billion in 2021. In Morocco, as much as 75 per cent of people had used at least one emerging payment method in 2022.

FinTech 78

FinTech Payments Emerging Payments APACS 78

Fintech News

NOVEMBER 25, 2024

Founded in 2017 by Chu and Arthur Mak , YouTrip overcame challenges during the pandemic, including a 90% drop in transaction volumes that led to the layoff of 10 staff in 2021. The company now employs 250 people and plans to grow its workforce by 50–100 in 2025.

Multi-Currency 112

Multi-Currency Volume Transactions Process 112

Fintech Finance

NOVEMBER 1, 2024

Launched in 2021, Vilnius-based Torus offers a SaaS intelligence platform to help banks improve their card transaction profitability. And Torus is on a mission to fix this issue. A big thank you to Sifted for featuring us, and we will continue to push forward!”, ”, shares his thoughts CEO of Torus, Kirill Lisitsyn.

FinTech 98

FinTech Push-to-Card Card Issuer Visa 98

Fintech News

MARCH 18, 2025

billion IPO in 2021. A source familiar with the matter said the planned IPO is expected to raise around US$1 billion, comprising both fresh capital and stake sales by existing investors. Rau did not confirm the IPO size. If successful, it would be the countrys second-largest fintech listing, following Paytms US$2.5

PayPal 93

PayPal Visa FinTech Payment Solutions 93

Finovate

MARCH 25, 2025

Utah-based LoanPro made its Finovate debut at FinovateSpring in 2021. LoanPro made its Finovate debut as part of our all-digital FinovateSpring conference in 2021. That same year, the company also participated in our developers conference, FinDEVr 2021.

Payment APIs and Integration 59

Payment APIs and Integration Financial Inclusion Origination API 59

Fintech Finance

NOVEMBER 18, 2024

Founded in 2021, Nook has built one of Europe’s most comprehensive AP products, earning Xero’s Emerging App of the Year award. Security and efficiency remain central to both platforms, with features such as Confirmation of Payee (CoP) to validate account details in real-time, helping prevent fraud across payment processes.

Automation 101

Automation Accounts Acquirers Embedded Payments 101

Fintech News

FEBRUARY 2, 2025

The investigation, conducted between 2020 and 2021, led Wise to pay $450,000 in compensation to affected customers. In 2021, the company was fined US$360,000 by financial regulators in the United Arab Emirates over lapses in its anti-money laundering controls. However, its global expansion has faced challenges.

Consumer Financial Protection Bureau (CFPB) 74

Consumer Financial Protection Bureau (CFPB) Regulations CFPB Cross-Border Payments 74

The Fintech Times

NOVEMBER 16, 2024

According to the World Bank ’s Global Findex 2021, transaction account ownership in Georgia has doubled over the past decade, reaching 70.5 per cent in 2021. Georgia Population: +3,800,000 Capital, financial hub and largest city: Tbilisi Gross domestic product (GDP) per capita: +$6,086 Access to a formal financial account (adults): 61.2

FinTech 69

FinTech Central Bank Financial Literacy Online and Mobile Banking 69

Fintech Finance

DECEMBER 5, 2024

Founded in 2021, Numeral is a fast-growing payment technology provider that offers financial institutions a universal gateway to connect to partner banks and access schemes and a modern payments hub to automate payment processing. We look forward to welcoming their talented team as we unlock new growth opportunities together.”

Payment APIs and Integration 98

Payment APIs and Integration Technology Acquirers Instant Payments 98

Fintech News

DECEMBER 2, 2024

According to the Vietnam Fintech Landscape 2024 map by business consultant Khoa Nguyen, Vietnam is now home to 16 wealthtech companies, representing a 129% increase from the seven companies identified by local real estate financing startup FinHome in 2021. The payment vertical continues to dominate, with 48 companies and a share of 21.8%.

Financial Inclusion 112

Financial Inclusion Financial Literacy Point-of-Sale (POS) NOV 112

The Payments Association

OCTOBER 28, 2024

Our report have interesting highlights such as that challenger processors are growing at a rate four times higher than the overall card processing market, with a CAGR of 35% from 2021 to 2024. in 2021 to 4.0% Their market share has increased from 2.6% by 2024, driven by API-first and cloud-native architectures.

Process 100

Process Payment APIs and Integration Processors Payments 100

Finextra

APRIL 3, 2025

billion in 2021 to $6.1 Plaid has raised $575 million in a secondary share sale that sees the open banking platform's valuation drop from $13.4

100

100

TechCrunch Fintech

APRIL 9, 2024

It last raised a $50M Series C funding round in 2021. TransferGo, the UK-based fintech best known as a consumer platform for global remittances, has raised a $10 million growth funding round from Taiwan-based investor Taiwania Capital, with a view to expanding in the Asia-Pacific region. All rights reserved. For personal use only.

FinTech 137

FinTech Consumer 137

The Fintech Times

NOVEMBER 12, 2024

Crypto boom Following the ban on crypto mining activities in China in 2021, Kazakhstan experienced an influx of cryptocurrency miners. In 2021, the county took 13th position among Asian Pacific Region countries in the ‘ Global Fintech Index 2021 ’.

FinTech 59

FinTech Audit Non-Bank ISOs 59

Fintech Finance

NOVEMBER 4, 2024

That set the precedent for Wise to be granted direct access to payment systems in the EU in 2020, as well as Singapore and Australia in 2021. Wise has continued to invest in building direct connections to payment systems starting with the UK in 2018 where Wise was the first non-bank to connect to the Faster Payment System (FPS).

Instant Payments 98

Instant Payments Settlement Accounts Cross-Border Payments 98

TechCrunch Fintech

JANUARY 17, 2024

The Buenos Aires-based company started in 2021 with the goal of giving fintechs and embedded finance players a way to launch virtual accounts and issue prepaid and credit cards via compliant onboarding processes. Argentinian payments infrastructure startup Pomelo has raised $40 million in a Series B round of funding.

Embedded Finance 133

Embedded Finance Credit Cards Payments FinTech 133

The Fintech Times

MARCH 11, 2025

This initiative builds on the bank’s experience in Switzerland and Trkiye, where it has offered similar services since 2021 and 2023, respectively. BBVA Switzerland launched the Bitcoin custody and trading service to all its private banking clients in June 2021.

Security 59

Security Bitcoin Stablecoins Cryptocurrency 59

Fintech Finance

DECEMBER 10, 2024

The UAE is committed to sustainability and digital transformation, with initiatives like Abu Dhabis Vision 2030 and the Dubai Plan 2021 driving innovation and growth. With 99% internet and 96% smartphone penetration, over 71% of e-commerce payments are made via cards and wallets (Statista).

Payment APIs and Integration 91

Payment APIs and Integration Payment Gateways Multi-Currency Cross-Border 91

Fintech Finance

NOVEMBER 13, 2024

This move builds upon several efforts from Mastercard to reimagine the card – in 2021, the company was the first payments network to formally phase out the magnetic stripe in favor of newer and more secure technologies.

Visa 98

Visa Authentication Issuers Payments 98

Neopay

DECEMBER 17, 2024

Between 2021 and 2022, Visa and Mastercard raised interchange fees for cross-border transactions by up to five times their previous levels, increasing debit card fees from 0.2% The interim cap could revert fees to their pre-2021 levels or be set at a level that ensures issuers can cover transaction costs.

Cross-Border 52

Cross-Border Caps Consulting Visa 52