Technologies obviously dictate new rules of the game for banks. The current trends in fintech include using AI in business processes and creating ecosystems for clients. Liubov Svezhentseva, Marketing Director of Payeer, reveals the development paths banks have today and whether a digital transformation is really beneficial for them.
It’s easy to understand why enterprise Software-as-a-Service (SaaS) usage is booming; end-user spending globally is expected to increase by more than 40% to $170 billion in 2022. SaaS apps offer an agile, adaptable method to give employees the functionalities they need, when and when they need them, as businesses change to support new work paradigms. […]
MakerDAO integrates blockchain data provider Chainlink’s Automation for price updates, liquidity balancing, and maintaining the stability of Maker’s DAI stablecoin.
US fintech Alloy has announced the launch of activities in the British financial services market as part of a project to expand its presence in the EMEA region.
Mastercard and digital commerce company Network International have jointly developed a technology using artificial intelligence (AI) to combat fraud in financial transactions in the Middle East and Africa.
Danish neobank Lunar announced the raising of financing in the amount of 35 million euros.
Fierce, a financial app founded by former Nyse CIO Rob Cornish, was launched with $10 million in seed funding.
Standard Chartered Bank and Singapore-based Allinpay have made PayNow’s instant cross-border payments feature available to merchants and businesses in Hong Kong.
Proposed ‘Spark Protocol’ will leverage MakerDAO’s DAI stablecoin and its crypto assets for liquidity.
Flux Finance invests in U.S. government debt-backed yield farming.
Several members of the Umami team have resigned as a result of O’Donnel dumping his UMAMI holdings.
E-commerce is a great way to make money. But you’re only going to make money if you sell products, right?
Jupiter Asset Management sold its stake in digital lender Starling Bank.
Transport for Wales (TfW) announced a tender for the development of a national Mobility-as-a-Service (MaaS) mobile application.
Bank of London, a global startup in the field of clearing and transactional banking services, has raised $40 million as part of a Series C funding expansion.
The banking group, consisting of nine large financial institutions, has directed investments of $45 million to the development of Carbonplace, a global network of transactions on carbon credits based on DLT, founded by them.
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