Sun.Nov 24, 2024

article thumbnail

Latin America fintech will be a market to watch in 2025

TechCrunch Fintech

Heading into 2024, Mike Packer, a partner at fintech-focused QED Investors, predicted we’d hit the bottom for funding to Latin American fintech startups during the year. While momentum wasn’t a straight shot up and to the right, Packer’s prediction may still have come true. The volume of venture capital dollars invested into fintech companies based […] © 2024 TechCrunch.

FinTech 98
article thumbnail

Finastra Confirms Breach Amid Hacker’s 400GB Data Theft Claim

Fintech News

Finastra, a major financial software provider that serves many of the world’s leading banks, is grappling with a data breach. The company confirmed the incident to TechCrunch following a hacker’s claim of compromising Finastra ‘s internal file-transfer platform and subsequent attempts to sell the stolen data. Cybersecurity journalist Brian Krebs first brought the breach to public attention when a hacker, on a known cybercrime forum, offered 400 gigabytes of data allegedly plund

Breach 74
article thumbnail

Afterpay Announces Google Pay Integration as it Reveals Changing Views Towards Alternative Payments

The Fintech Times

There has been a clear shift towards fintech solutions when consumers are shopping. A new whitepaper, produced by buy now pay later service, Afterpay and paytech Cash App, explores how this shift is actually spreading better financial habits, rather than putting people into difficult situations. The Afterpay and Cash App report , titled The Future of Money , reveals that many customers are turning to fintech services as traditional banks are failing to meet their needs.

BNPL 72
article thumbnail

KoinWorks’ Subsidiary Faces OJK Scrutiny Over Lender Payment Delays

Fintech News

Indonesia’s Financial Services Authority ( OJK ) has increased its supervision of PT Lunaria Annua Teknologi following reports of payment delays to some lenders. The company is a subsidiary of peer-to-peer lending platform KoinWorks operating as KoinP2P. The OJK has summoned KoinP2P’s management team to explain the situation and outline steps to resolve the issue, which arose from the misuse of funds by a borrower.

article thumbnail

From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

article thumbnail

Revolut preps AI assistant, ATMs and mortgages for 2025

Finextra

Revolut has laid out its plans for 2025, including the introduction of an AI assistant, mortgages, ATMs, and a business credit product.

ATM 78
article thumbnail

Alternative Investment: What Myths are Holding Back New Investors?

The Fintech Times

Financial advice can be a sensitive topic – those giving it don’t want to mislead customers, while customers are wary about the level of trust they can place in their advisers. Nonetheless, done correctly, investing can be a very beneficial way for someone to use their funds. This November we are exploring all the aspects of wealthtech and how the industry has developed this year.

More Trending

article thumbnail

CoinW Selects CoinCover Protection to Enhance Security of Users’ Digital Assets

The Fintech Times

CoinW , the global cryptocurrency exchange based in the UAE, is partnering with CoinCover , a digital asset protection provider, to enhance the security of its users’ digital assets. Leveraging technology from CoinCover, which is backed by a warranty provided by insurers at Lloyd’s of London , CoinW ensures it provides a non-custodial disaster recovery solution.

article thumbnail

How to automate Accounts Payable using LLM-Powered Multi Agent Systems

Nanonets

Introduction In today’s fast-paced business landscape, organizations are increasingly turning to AI-driven solutions to automate repetitive processes and enhance efficiency. Accounts Payable (AP) automation, a critical area in financial management, is no exception. Traditional automation methods often fall short when dealing with complex, dynamic tasks requiring contextual understanding.

article thumbnail

Cashflows Improves Payments Personalisation For Businesses With Raimac Partnership

The Fintech Times

Merchants are constantly on the look for new technologies which can help them meet consumer demands. One of the most pressing customer desires is personalisation. To meet this, Cashflows, the paytech for businesses, has partnered with flexible payments solutions provider, Raimac Financial Technology. By integrating Raimac’s technology, Cashflows will allow merchants to provide customers with customisable payment options that suit their preferences.

BNPL 59
article thumbnail

5 Reasons Why Mobile-First Approaches Are Transforming Digital Lending in India

Finezza

The smartphone has transformed banking practices, benefiting consumers and financial institutions (FIs) alike. What was once a complex, time-consuming process of securing a loan has now been reduced to a few taps on a smartphone screen. Therefore, many lenders are increasingly adopting a mobile-first strategy to stay relevant and broaden their customer base.

article thumbnail

15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

article thumbnail

Top threats of the evolving risk landscape

Nomentia

Actionable insights into the most pressing risks companies face today and why an effective risk management strategy is critical for businesses?

Risk 59
article thumbnail

Australian banks team up with BioCatch to mitigate fraud and scams

The Paypers

Banks across Australia have teamed up with BioCatch to pilot launch an anti-scam initiative focused on minimising fraud in banking payments.

Scams 50