Ant Group Spends $2.9 Billion on Research
Last year, Ant Group Co. spent a record 21.2 billion yuan ($2.9 billion) on research.
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Saudi Fintech Rasan Jumps by 30%
Saudi fintech company Rasan Information Technology Co. has moved forward in its debut in Riyadh, managing to raise 841 million riyals ($224 million) amid the hype associated with the listing, as a result of which several companies have started trading in the kingdom over the past month.
Worldpay Says About Growth of Demand for Digital Wallets in China and India
Based in the United Kingdom, Worldpay, a company specializing in the implementation of payment transaction processing activities, has published a report according to which there is currently an increase in the use of digital wallets at the global level.
Linq Raises $6.6 Million to Bring AI to Financial Analysts
Startup Linq raised $6.6 million in investment funds.
Most Notable Fintech Companies in Turkey to Watch in 2024
The fintech sector in Turkey has recently been experiencing a notable period of substantial expansion. This rapid growth has been fuelled by a combination of factors including a significant increase in internet access, a surge in the use of mobile devices, and a demographic that is both youthful and oriented towards technology.
Fintech Startup Ecosystem of Algeria
Algeria’s fintech ecosystem may not be as robust as in some developed markets. However, the country has significant potential for mobile banking and payment solutions. With sufficient investment and continuous support from the government, Algeria has all the chances to gain a significant share in the global fintech sector. Opportunities for Fintech Startups in Algeria […]
Morgan Stanley Says AI Helps Financial Advisers Save Time
Morgan Stanley CEO Ted Pick said that the ability of artificial intelligence to transcribe conversations and categorize them by topic could save financial advisers 10 to 15 hours a week.
Fintech Startup Surfin-Meta Actively Uses AI
Surfin-Meta startup, which is based in Singapore, aims to use the capabilities of artificial intelligence to provide services to people in developing countries who are facing a shortage of banking maintenance.
TymeBank Reportedly Aims to Raise $100 Million
Media reports indicate that TymeBank is committed to raising investment funds worth at least $100 million to expand its operations in the domestic market, which in this case is South Africa.
WhatsApp Launches AI Tools for Businesses
WhatsApp has launched artificial intelligence tools, which are designed to provide companies with the opportunity to use this digital platform to carry out commercial activities for the sale of goods and services.
Janet Yellen Warns AI Risks in Finance
The United States Treasury Department on Thursday, June 6, announced that it is seeking public comments on the assessment of the practice of using artificial intelligence technologies in the financial services industry.
Transforming Consumer Behavior in the Digital Age: How Fintech Enhances Corporate Citizenship and Social Responsibility
The intersection of technology and finance—commonly referred to as fintech—is revolutionizing how businesses engage with their customers. This transformation is not just about convenience and efficiency; it’s about fostering corporate citizenship and social responsibility. Fintech is paving the way for companies to adopt more ethical practices, resonating deeply with modern consumers who prioritize values and transparency. […]
Senangdali & GoodTech to Offer Loan Protection Insurance in the Philippines
The new loan protection insurance product from Senangdali and GoodTech is specifically designed for rural banks in the Philippines.
Alipay+ and Hyundai Department Store Join Marketing Efforts
Alipay+ signed a Memorandum of Understanding (MoU) with Hyundai Department Store to expand customer interaction and strengthen the parties’ global positions.
Monzo Reports First Profitable Year
Neobank Monzo has recorded the first profitable year in its entire history, as a result of which this virtual lender, relying on positive financial indicators, is now planning to scale up its activities.
Visa Launches AI-Powered Fraud Detection Service in UK
Visa has launched a real-time artificial intelligence-based fraud detection service in the United Kingdom.
Fintech & Ecommerce
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