Finance News
A deal between Visa and Mastercard has been finalized in Canada to reduce credit card interchange costs for small companies. Small companies and nonprofits that sell less than $300,000 worth ...
Klarna expands partnership with Adyen to streamline card payments for 150 million customers and 500,000 retail partners worldwide.
Abu Dhabi's Hub71 unveils "Hub71+ ClimateTech," fostering businesses in sustainable decarbonization for a net-zero future.
Daemon's study reports a 48% AI investment surge since 2021, emphasizing its pivotal role in digital transformation.
PayPal taps Suzan Kereere for Global Markets President, driving innovation with 'Quantum Leap' and navigating a leadership transition.
Wise Platform and Allica Bank join forces to offer cost-effective and transparent international money transfers for UK businesses.
Nuvei Corporation and Microsoft team up to elevate payment experiences for clients across key areas.
Waave joins forces with Gr4vy to introduce the Pay by Bank solution, targeting major Australian retailers.
The Bank of Canada sparks innovation, competition, and consumer protection with transformative payment sector changes.
Okoora extends its reach to Cyprus, laying the groundwork for a sweeping EU financial venture.
The financial super app Curve has launched a new online portal along with a new multichannel advertising campaign for London.
With 89% of small businesses considering alternatives due to underservice, banks have a key opportunity to meet SME needs.
As households face challenges, a Which? study emphasizes the need for creative payment solutions, especially during the holidays.
UAE fintech Mamo broadens collaboration with Visa for enhanced SME financial services across the Middle East and North Africa.
Singapore collaborates with Sylvera to extend carbon credit initiatives in the Asia Pacific for Paris Agreement targets.
Elon Musk and X CEO Linda Yaccarino reveal plans to make X a financial center, introducing new functionalities by end of 2024.
Cotribute gains Global Know Your Customer (GKYC) certification from FIS, empowering credit unions.
Standard Chartered Visa cards in Asia Pacific now offer Visa Instalment Solution, enhancing payment flexibility.
XXImo leads as one of the first EU Visa issuers processing payments solely on Amazon Web Services (AWS) Cloud, starting Q1 2024.
Cashfree Payments' new BBPS-Biller Solution enhances ease for Indian businesses in collecting interoperable bill payments.
Skills shortages (77%) and poor-quality applicants (78%) pose significant hurdles for UK organizations, impacting operational capabilities.
Over 70% of MENA banks adopt ESG plans, signaling a transformative shift in the industry's approach.
Enhanced functionality and new cash management partnership amplify Checkout.com's impact in the United Arab Emirates.
New payment solution offers flexibility and choice for local retailers in collaboration with Paydock.
Below we examine the potential features that are still able to be added to improve the functioning and user experience of mobile banking apps.
Latin American B2B startup fund, NXTP III, secures $98 million for fostering tech innovation and supporting regional founders.
Juniper Research forecasts an API-driven surge in global virtual card spending beyond 2023's $3.1 trillion mark.
Despite financial challenges, 45% of consumers continue regular charitable donations, a slight dip from last year's 49%.
Gresham House research reveals 60% of UK citizens at risk of below-average retirement living due to insufficient pension contributions.
CISA and NCSC join forces to safeguard AI development, balancing potential benefits with cybersecurity measures.
GFT's Banking Disruption Index reveals 48% of 25 to 34-year-olds have encountered or know someone impacted by financial fraud.
A study finds over 50% of asset managers aim to hold tokenized assets, with 29% planning to offer tokenized funds in the next 5 years
ADGM grants regulatory approval, enabling eToro's trading and investment platform in the United Arab Emirates.
FICO's latest report reveals a rise in credit card spending and a 5.8% decrease in cash sales compared to the previous year.
Ryft and Collctiv join forces to enhance the group payment experience, offering personalized checkouts and convenient money pots.
Mashreq partners with Classic Fashion Apparel for a groundbreaking sustainability-linked loan in Jordan.
The exponential growth of mobile money signals a financial revolution, fostering innovative collaborations in Africa's financial landscape.
Orange's "Max it" super-app redefines daily living, seamlessly integrating e-commerce, finance, and telephony for users' convenience.
Investors persistently favor fintech in Asia-Pacific, finding resilience amid global challenges, notes Uluky's CEO, Alex Axelrod.
Simplify digital transactions with PORTL, the latest widget from Ibanera offering seamless credit card purchases for digital assets.
dLocal extends collaboration with eSky Group, enhancing payment solutions in Latin America and Africa since 2021.
Digido study finds Filipino fintechs thriving with innovation and sustainability, attracting investors emphasizing ESG considerations.
Trafalgar partners with Thought Machine to introduce "turbofintech" in Mexico, utilizing next-gen core technology for digital cards and more.
BNPL industry grows 970% from $2B to $24.2B (2019-2021), with 60% choosing BNPL for large purchases over traditional credit.
Volt receives $60 million in Series B funding to extend its Australian real-time payments network, improving security and efficiency.
Atom bank joins forces with Funding Circle to provide £150 million for UK SMEs, promoting cash flow and expansion.
Mashreq partners with ecolytiq and Visa to launch the first-ever climate banking platform in MENA, empowering clients for environmental impact awareness.
ADGM's FSRA and HKMA sign MoU for enhanced cooperation in cross-border trade and data exchange.
Fintech's AI use faces hurdles in technology, regulation, and education, but solutions are evolving amid growing data challenges.
Wireless Logic marks a significant expansion with a local connectivity solution in Brazil, showcasing its global capabilities.
ADGM FSRA's 2024 Business Plan outlines regulatory priorities, emphasizing its role in UAE's anti-financial crime efforts.
Visa, Doxa, and UOB collaborate to provide faster access to operating capital for contractors in Asia Pacific, transforming payment processes.
With 64% wanting more support and resources, Simply Asset Finance found that UK SMEs are hesitant about seeking help.
The return of Sam Altman as OpenAI's CEO raises concerns about AI innovation's long-term sustainability and global competitiveness.
Epic Games sue Google in a significant antitrust case that could affect Android app distribution and in-app content sales.
According to Temenos, North American banks are embracing disruptive technology faster than ever, boosting industry competition.
Moneyhub showed that 13% of pension investors don't think merging is worth it, and 14% intentionally keep their investments separate.
Visa Installments introduced in the UAE by Network International, offering credit card users the flexibility to split payments at numerous POS terminals.
Klarna's UK survey reveals holiday spending concerns, with 36% fearing credit card debt, 56% worrying about accrued debt.
Organic development and FCA's License help Lithuanian fintech PAYSTRAX reach €20 million in 2022 revenue and grow in 2023.
Discover the transformative impact of fintech on corporate efficiency and leverage a sample business plan to guide your strategic implementation.
PayPal announces leadership changes and a new business unit structure to enhance customer service and prepare for future expansion.
AIF celebrates a milestone with its first student transaction using PayTo, revolutionizing digital payments in fitness training.
Google reinforces data privacy in AI initiatives with a groundbreaking k-anonymity patent, offering enhanced protection for sensitive information.
Axway's survey of 1,000 US consumers reveals shifting perceptions and concerns about personal data sharing in the digital age.
Alloy Labs and the AFC join forces to establish best practices and regulatory frameworks for the evolving financial industry.
Co-founder Sam Altman steps down from OpenAI, with Mira Murati taking on the role of acting CEO as the board searches for a permanent replacement.
Explore how technology is reshaping cross-border payments, as highlighted in a recent whitepaper from the Payments Association.
Tabby and PayTabs join forces for e-commerce growth in the UAE and Saudi Arabia, offering retailers an interest-free split payment solution.
Facilitating faster in-store checkouts, Mastercard and NEC team up for a Biometric Checkout Program, utilizing facial recognition technology.
Banks and fintechs join forces for success, emphasizing planning, alignment, and shared growth commitment.
Commonwealth Bank offers free AI tools globally to combat tech abuse, aiding those affected, including 28% of Australians over 65.
Uncover the sharp rise in global enforcement fines, hitting $5.65 billion in Q3 2023, as detailed in Corlytics' latest report.
Mangopay unveils a cutting-edge FX solution, enhancing cross-border capabilities for online platforms globally.
Embedded banking is on the rise in Europe, with 48% of large enterprises planning to adopt the service in the next three years.
Alibaba's Ant Group and Banking Circle partner to enhance international fund settlements through innovative tokenized deposits.
Iceland's Landsbankinn, powered by Meniga, brings unique banking experiences through Aggregation and Payment Initiation Services in open banking.
Explore innovative ways to grow your cryptocurrency wealth through decentralized finance (DeFi) with these ten strategies.
Tusk and ekko collaborate, enabling businesses to integrate conservation features and support African projects using ekko's infrastructure.
Game7's report spotlights Asia-Pacific as the leader in Web3 game creation, offering insights from extensive data on blockchain games.
Klarna boosts creator and merchant growth with expanded tools for enhanced customer experiences and effective audience interaction.
Seoul and Dubai's financial hubs, SMG and DIFC, collaborate through an MoU for cross-border innovation and cooperation in financial services.
Visa introduces AI consulting practise, using 30 years of knowledge and $3 billion in investments to help clients use generative AI.
The Fintech50 2023 includes GFA Exchange, which revolutionises finance with inclusive AI solutions for underprivileged enterprises.
JPMorgan, Citigroup, Wells Fargo, and Bank of America collectively contribute nearly half of US banking earnings in Q3.
Evolving ESG landscape in finance through Paytech, revealing insights on environmental, social, and governance factors from industry experts.
Banorte transforms with Murex's MX.3, introducing self-service for corporate clients, marking a significant digital milestone.
The EU swiftly agrees on instant payments, enabling transfers in seconds and promoting strategic independence in the European economic sector.
FlowwFunds, backed by Force Over Mass, streamlines venture capital with an all-in-one platform for efficient fund structuring, raising, and deployment.
FinXP PLUS, a FinXP and Mastercard partnership, creates fast, reliable, and affordable cross-border payments for retailers on an easy platform.
Innovative technology from Broadridge simplifies shareholder disclosure in the UK, Australia, and Hong Kong.
Tide and BT boost SMEs by financing one million businesses and saving over 550,000 Tide users on devices and plans.
Neobank OakNorth provides flexible financial finance to neglected mid-sized businesses in the UK to boost growth and impact.
SBI Holdings and SC Ventures join forces, investing $100 million in a UAE-based digital asset venture with a focus on international investments.
Explore the risks AI poses to Fintech and discover calculated methods to overcome challenges in this concise overview.
Explore how blockchain transforms supply chains, offering sophisticated solutions to navigate disruptions and optimize processes.
Belvo transforms financial transactions in Mexico and Colombia with new "pay by bank" options, offering a automated payment solution.
Explore NEP's AI reports shaping the UAE's future, envisioning a $320 billion boost to the economy by 2030.
"Bridge," MENA Fintech Association's dynamic initiative shaping fintech marketing for widespread growth in the Middle East and North Africa.
Explore TMX Group's Alpha-X—a cutting-edge trading platform designed for superior execution and an enhanced overall trading experience in Canada.
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