Fintech News

FEBRUARY 15, 2024

2024 is expected to be a year of innovation for the fintech industry, marked by advancements in artificial intelligence (AI), cross-border and real-time payments, cryptocurrency and blockchain, and bundled software-as-a-service (SaaS) offerings. The sum represents more than double what was secured in 2021 (US$1.2

Innovation 96

Innovation FinTech Cross-Border Payments Cross-Border 96

The Fintech Times

MARCH 25, 2024

Today, industry leaders offer perspectives on the key regions and factors driving insurtech innovation worldwide. “Several regions globally are leading the charge in insurtech innovation, driven by a combination of factors. “Asia, notably China, India and Singapore, is witnessing significant insurtech growth.

Innovation 111

Innovation Online and Mobile Banking On-Demand Technology 111

Finovate

SEPTEMBER 20, 2024

What is the level of interest in fintech innovation there? However, competition is increasing as the government continues its drive for privatization and other reforms. The level of innovation in the local fintech market is very advanced, thanks to open banking. What does the financial services ecosystem look like in Uzbekistan?

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

Fintech Finance

JULY 30, 2024

This highlights a clear opportunity for innovation in the industry to address these gaps and adapt to evolving consumer demands. The post New Research: 58% of Fintechs Now Offer Open Banking Payments as Adoption Rates Continue to Surge appeared first on FF News | Fintech Finance.

Research 89

Research Continuity FinTech Cross-Border Payments 89

Fintech Finance

JULY 15, 2024

But to capitalise on this growing opportunity, travel providers must address Asia’s diverse and fragmented payments landscape – a task which is not possible using a single processor. We’re excited to expand our usage of Primer to continue revolutionising how travelers connect, checkout, and engage with our experiences.”

Innovation 92

Innovation Processors Payments Strategy Fraud Prevention 92

Fintech News

APRIL 28, 2024

The banking industry is shifting towards innovation, collaboration and customer-centricity, driven by the adoption of technologies including cloud computing, data analytics, artificial intelligence and machine learning (AI/ML), changing customer preferences, and a rapidly evolving regulatory landscape, a new report by Amazon Web Services (AWS) says.

AI 92

AI Innovation Financial Crimes Crime 92

The Fintech Times

MAY 16, 2024

Kick-starting our focus this May, we first look at some of the latest innovations seen in the digital asset ecosystem during the past year. ” The digital asset space continues to explode into life, but which recent innovations are driving the most growth in the space?

Innovation 80

Innovation Blockchain Stablecoins AI 80

The Fintech Times

MAY 22, 2024

Since Bitcoin’s inception in 2009, the crypto world has jumped from one height to the next continually breaking records. We set out to find out about the latest innovations in the world of crypto. Payments are and continue to be the proven ‘killer application’ for crypto.

Cryptocurrency 78

Cryptocurrency Innovation Bitcoin Blockchain 78

Finextra

OCTOBER 15, 2024

Reflecting on insights from last month’s Visa Payments Forum, Tareq Muhmood, SVP, Value Added Services, Europe, Visa, addresses the dramatic rise in global fraud—from $800 million in the early '90s to $33 billion in 2023.

Fraud Detection 98

Fraud Detection Value Added Service AI Addressing 98

Fintech Review

DECEMBER 31, 2024

Emerging markets have become a hub for fintech innovation. They encourage innovation, attract investment, and increase financial inclusion. Regulators collaboration with industry players also fostered trust and innovation. These frameworks reduced entry barriers and encouraged startups to develop innovative solutions.

FinTech 111

FinTech Regulations Best Practices Central Bank 111

Fintech News

MAY 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). To address these objectives, the BOT conducted the pilot test within a confined environment, divided into the Foundation Track and the Innovation Track.

CBDC 103

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 103

Fintech Finance

DECEMBER 11, 2024

With a proven track record in transforming financial data collection across different sectors, Armalytix has developed a sophisticated platform that streamlines Source of Funds (SoF) verification, addressing long-standing challenges in legal financial processing. The partnership goes beyond simply gathering basic financial information.

Laws 95

Laws Transactions FinTech Legal 95

The Fintech Times

MARCH 26, 2024

As insurers strive to meet the evolving needs of a digitally-savvy customer base while addressing the persistent challenge of financial inclusion, they are increasingly turning to fintech solutions. By leveraging fintech innovations, insurers can bridge the digital divide and extend insurance services to populations with limited access.

Underserved 115

Underserved FinTech Financial Inclusion Risk 115

The Fintech Times

APRIL 15, 2024

Project Nemo , a new disability inclusion initiative in the fintech industry, has launched with the aim of addressing the underrepresentation of disabled individuals in both the workforce and customer base. Project Nemo’s goal is to create a lasting legacy of continual progress towards a more inclusive fintech industry and services.

FinTech 111

FinTech Addressing Finance Innovation 111

Fintech News

DECEMBER 11, 2024

Since Singapore launched its first digital bank in 2022, five digital banksGXS Bank, MariBank, ANEXT Bank, Green Link Digital Bank, and Trust Bankhave entered the market, challenging traditional banking models and reintroducing fintech innovation to Singapore’s financial landscape. removing minimum deposit requirements.

Underserved 102

Underserved Regulatory Compliance Innovation Financial Inclusion 102

Fintech Review

NOVEMBER 27, 2024

In many regions, they create jobs, drive innovation, and stimulate local economies. From innovative lending platforms to advanced payment processing, fintech is enabling them to access growth opportunities and thrive in today’s competitive markets. Fintech companies see this gap as an opportunity to innovate.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

The Fintech Times

DECEMBER 9, 2024

As 2024 draws to a close, it’s been an eventful year for the payments industry, marked by rapid innovation, unexpected challenges, and evolving consumer expectations. Where do you see it driving innovation? ” EV payment anxiety continues to be a concern. How should businesses address this?

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking AI Financial Inclusion 102

Fintech Review

JUNE 12, 2024

We explore the innovations in personalised insurance products, the role of IoT devices in data collection and risk assessment, and the challenges faced by established insurance companies integrating new technologies. On-Demand Insurance Another innovation is on-demand insurance, which allows customers to purchase coverage when needed.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

Fintech News

MARCH 24, 2024

The lounge, situated within Tech Mahindra’s Singapore campus, aims to support businesses in leveraging advanced technologies such as AI, Intelligent Automation, Hybrid Cloud, 5G, Edge Computing, and Cybersecurity to address complex challenges, improve customer service, reduce costs, and increase efficiency.

APACS 88

APACS Best Practices AI Cybersecurity 88

Fintech Finance

AUGUST 21, 2024

Shiji , the global hospitality technology innovator, and FreedomPay , a leading provider of secure commerce technology, have announced a partnership that marks a significant expansion into the Mexican market.

Payment Solutions 95

Payment Solutions Point-of-Sale (POS) Contactless Payments Payments 95

Fintech Finance

AUGUST 15, 2024

Zip (ASX: ZIP), a digital financial services company offering innovative, people-centered products, today announced its integration as a payment method for U.S. BNPL has firmly established itself as a mainstream payment option, and Zip’s innovative and inclusive approach is revolutionizing access to the retail economy.

Financial Inclusion 98

Financial Inclusion BNPL Underserved Innovation 98

Fintech Finance

JUNE 25, 2024

Matt’s roles at disruptive companies in the payments sector such as Nubank , Booking.com, and Amazon.com have equipped him with a deep understanding of innovative product development and strategic technology leadership. This new hire will continue to strengthen Thredd’s leadership team, particularly across its product and technology output.

Global Payments 92

Global Payments Innovation Product Continuity 92

Fintech Finance

NOVEMBER 19, 2024

Kani Payments , the disruptive global data reconciliation and reporting platform, has been crowned Payments Compliance Technology of the Year at the Payments Awards 2024 for its innovative QMR and GOC reporting solution. It’s an honour to be recognised among such strong industry peers.”

Compliance 93

Compliance Technology Payments Visa 93

The Fintech Times

NOVEMBER 12, 2024

It aims to build innovative solutions that address existing challenges, all the while helping to drive sustainable growth and development in the region. This presents a significant opportunity to support the founders who are not only driving innovation, but also addressing the unique challenges and opportunities of the region.

Stablecoins 101

Stablecoins Cross-Border Financial Inclusion Underserved 101

Fintech Finance

DECEMBER 17, 2024

Lorenzo Pellegrino, CEO at Kuady, said: Our partnership with MeridianBet underscores our commitment to delivering fast, simple, and innovative payment solutions in key growth markets like Peru. Our focus on speed, simplicity, and security ensures that Kuady continues to set new standards in payment technology across Latin America and beyond.

Processors 98

Processors Payments Economy Security 98

Fintech Finance

JULY 30, 2024

The event highlighted the progress and innovation within Ghana’s fintech sector. The Mastercard Ghana Fintech Forum aimed to address these issues, fostering engagement and innovation to drive financial inclusion. “At added Folasade Femi-Lawal, Country Manager and Area Business Head for West Africa at Mastercard.

Contactless Payments 96

Contactless Payments Cybersecurity Visa FinTech 96

Fintech Finance

JANUARY 2, 2025

iWallet , the pioneer in digital payment solutions, announces a groundbreaking innovation with the introduction of Voice AI to payments. This revolutionary technology addresses the growing demand for advanced, secure, and user-friendly payment methods. Ask any question you like.

AI 92

AI Payments Zelle Venmo 92

Fintech News

JUNE 30, 2024

Nearly three-quarters of banks globally continue to run on legacy core banking systems, which fail to deliver on transformation goals. To address these limitations, nearly all (93%) of banking executive teams shared their willingness or full commitment to core system changes.

On-Demand 137

On-Demand Innovation Product Risk 137

Fintech News

JUNE 5, 2024

In this era of technological innovation, companies are increasingly entrusting critical services to external partners. Why outsourcing management matters Dr Thng “Cost reduction, lack of in-house capabilities, and the need for rapid innovation are the key drivers of outsourcing. billion by 2030. adds Dr Thng.

FinTech 89

FinTech Mitigation Risk On-Demand 89

VISTA InfoSec

FEBRUARY 13, 2024

The proliferation of technology in the present age, while undeniably a win for innovation and modern convenience, has unfortunately been paralleled by an upsurge in cyber threats that present a multifaceted challenge to both businesses and individuals. Implementing a structured patch management process is key to overcoming this challenge.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

Fintech Review

JULY 24, 2024

These markets, often characterised by underdeveloped financial infrastructure , benefit significantly from fintech innovations. Nubank’s growth underscores the potential for fintech to address inefficiencies in conventional banking systems. In many countries, existing regulations do not fully accommodate fintech innovations.

FinTech 105

FinTech Online and Mobile Banking Financial Literacy Financial Inclusion 105

The Fintech Times

FEBRUARY 7, 2024

The government has also pledged £10million to prepare and upskill regulators to address and make the most of the opportunities presented by AI. It hopes the fund will support regulators as they develop ‘cutting-edge’ research and practical tools to monitor and address risks and opportunities across a variety of sectors.

Governance 112

Governance Government AI Regulations 112

Fintech Review

AUGUST 27, 2024

Cross-chain interoperability aims to address this issue, enabling seamless communication and transactions across various blockchain platforms. This connectivity enhances the functionality and utility of blockchain networks, promoting broader adoption and innovation. Interoperability is vital for several reasons.

Interoperability 105

Interoperability Blockchain Facilitators Innovation 105

Fintech Finance

SEPTEMBER 24, 2024

In this new role, Nitin will spearhead product innovation and develop strategic growth initiatives for Cashfree Payments. He will oversee product development, drive innovation and ensure delivery of world-class products and solutions that cater to the evolving needs of businesses both in India and globally. Welcome aboard, Nitin!”

Product 81

Product Payments Verification Innovation 81

Fintech Review

NOVEMBER 20, 2024

Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments. What specific challenges in the cross-border payments industry does Almond FinTech aim to address, and how? Today, moving funds across borders is still incredibly inefficient.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Multi-Currency FinTech 115

Fintech Finance

SEPTEMBER 4, 2024

Key features include robust chargeback protection, various deposit options such as cards, online bank transfers, and cash, and instant payouts for customers—addressing the needs of individuals who face challenges in accessing their funds.

Technology 102

Technology Cross-Border Processors Financial Inclusion 102

Fintech Review

APRIL 24, 2024

Fintech Review delves into the characteristics of CBDCs, examining their potential benefits, and addressing the complexities they introduce to the global financial system. The global landscape of CBDCs continues to evolve. They combine the reliability of traditional currencies with digital innovation’s benefits.

Central Bank 91

Central Bank CBDC Cross-Border Payments Cross-Border 91