The World Economic Forum emphasised the role of thriving fintech hubs hosting clusters of fintech corporate headquarters and providing significant operating markets such as Singapore, the UK, the US, Mexico and India for the global growth of the fintech industry.
Credit Agricole announces a minority stake acquisition in Worldline expanding on their exclusive strategic long-term partnership.
Global stability largely depends on the food security and prosperity of the population. To reduce poverty levels and provide economic security to the dwellers of rural areas, the agriculture sector needs to be properly financed and get access to quality financial services. Agri-fintech startups serve exactly this purpose. In Africa, the need for agri-fintech services […]
Dataroid, a major player in the digital analytics and customer engagement industry, has announced that it has managed to raise $2 million in investment funds.
Mass adoption of digital services in Nigeria is consistent with the growth of the local fintech industry. However, the immense potential of this segment cannot be fully revealed without overcoming a number of the regulatory and financial challenges.
Customers at the checkout-free concept Aldi store in London can now simply tap their contactless payment card or mobile phone at a barrier to enter the store.
To support healthcare providers and insurance companies in dealing with claim approvals and payouts, Mastercard is introducing a medical claim payment solution in partnership with one of the leading financial institutions in India and Remedinet, a cloud-based health tech platform.
Apple has offered to provide competitors with the opportunity to access its contactless payment transaction technology and interact with this development.
Digital Onboarding has announced that it has managed to raise funds for $58 million from the investment firm Volition Capital to realize the intention to expand its digital interaction platform for banks and credit unions.
Billink, a Buy Now, Pay Later (BNPL) service provider, has announced that it has managed to raise $32 million in investment funds.
According to the vision of the Bank of England, super-powerful quantum computers can become a catalyst for significant innovations in financial markets.
Google Pay announced the beginning of cooperation with the Indian mobile payment system, in the space of which transactions worth several billion dollars are generated monthly.
In today’s digitalized world, accepting payments in various currencies on a website is a standard expectation for every merchant. However, the true battleground for payment conversion and client satisfaction lies in seamless transaction processing, as a smooth checkout experience motivates customers to return for future purchases.
Student loan debt in the US has more than doubled over the past two decades. Although ranking second to mortgages, federal student loans exceeded $1.6 trillion in March 2023. The total amount reached over $1.7 trillion when factoring in private student loans.
Artificial intelligence is slowly but steadily penetrating into every sphere of business activities and consumer services. It seems that AI is the future of automation technology in finance as well. Consumer lending is one of the banking segments that can reap most of the benefits of AI automation.
British asset and wealth management software provider Zilo has announced that it has managed to raise 25 million pounds in a Series A funding round.
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