Sat.Nov 09, 2024

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Sri Lanka On the Road to Recovery: Fintech’s Impact on the Economy

The Fintech Times

In the last five years, Sri Lanka’s economy has struggled greatly. From being one of the strongest markets in South Asia, it has since fallen from grace. Could fintech be the catalyst it needs to see a revival? Back in 2012, Sri Lanka had the highest financial inclusion rate in South Asia with two-thirds of its population having access to formal financial accounts.

Economy 64
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FTC Acts on Consumer Complaints Against Dave For Misleading Marketing and Alleged Failed Promises

The Fintech Times

Online cash advance app, Dave is feeling the heat from the Federal Trade Commission (FTC) as the regulator has taken action against it for misleading marketing. According to Samuel Levine , director of the FTC’s Bureau of Consumer Protection: “Dave lured in consumers living paycheck-to-paycheck with false claims of big-dollar advances, then reached into their pockets to give itself a so-called ‘tip’.

FTC 64
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Sarah Sinclair, CEO of Change Gap Discusses Overcoming Regulatory Challenges Through Collaboration

The Fintech Times

Regulatory scrutiny is constantly on the rise, and as it does, the regulatory landscape is becoming increasingly fragmented. This presents a huge challenge for even the largest financial institutions and is potentially hugely damaging for many smaller fintechs. Sarah Sinclair , CEO of regulatory consultancy Change Gap , sat down with journalist Tom Bleach , to discuss the challenges fintech companies face when trying to stay compliant within this fragmented regulatory landscape, and how the firm

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Fighting Inflation, Keeping DeFi Decentralised: What Can Donald Trump Do For Fintech?

The Fintech Times

With Donald Trump re-elected as President of the US, securing 295 electoral votes following a tough campaign against the Democrat’s Kamala Harris, the focus now shifts to how his administration may shape the fintech sector in the coming years. Although fintech did not feature prominently in the presidential debates, the differing regulatory approaches of Trump and Harris could significantly influence the industry’s development.

FinTech 59
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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?