The New York Federal Reserve estimated that US credit card debt reached nearly $1 trillion in the fourth quarter of 2022, growing by a record $130 billion annually. The rise in delinquencies and charge-offs makes credit card issuers prepare for the worst
The beta version of a revamped TikTok creators fund called the “Creativity Program” provides higher revenue opportunities for qualified video views
One of the leading banking-as-a-service (BaaS) providers in the Southeast Asian market – AIZEN – introduced the banking service using “AI Core-Tech” in a dynamic environment with ChatGPT
The report by LexisNexis Risk Solutions reveals that financial inclusion is accelerating the adoption of alternative credit data across financial institutions which, in turn, is increasing their revenues
UK, which had managed to maintain robust levels of fintech investments longer than its European counterparts, saw investment numbers sharply fall last year
Love is in the air – on Valentine’s Day, UK Finance’s Take Five to Stop Fraud campaign is warning people to stay alert to online romance fraud, which has caused losses of £16.6 million in the first half of 2022
The simplicity of utilisation and emerging use cases will predictably drive the open banking growth, helping unlock its full potential
KPMG’s Regulatory Barometer showed that financial service firms in the UK and the EU remained under significant pressure to comply with diverging ESG requirements over the last 6 months
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. […]
Chinese tech giant Tencent expands its presence in Singapore with WeChat/Weixin Pay as Covid-19 travel restrictions are lifted
January 2023 euro area bank lending survey by European Central Bank (ECB) revealed significant tightening in credit standards for all loan categories along with subdued business loan demand
Did you know that small and mid-sized businesses are hit by 62% of all cyberattacks, about 4000 per day? Hackers are creating new traps every day, making more and more people their victims. They are after valuable data such as users’ credit card details, bank account numbers, passwords, social security numbers, etc. As an eCommerce […]
Formula One racing is one of the most popular sports in the world. It has captivated audiences for decades with its thrilling races and colorful characters. But now, a new era of Formula One racing is emerging that promises to redefine how fans experience the sport. With advances in technology, sports broadcasting and streaming services […]
A new payment processing feature, Payment Center, will allow insured.io to customise automatic payments
China Development Bank granted CNY 261.9 billion (about $38.68 billion ) of loans to support the country’s science and technology innovation in 2022
Juniper Research estimates that global spending on financial crime prevention software tools will rise from $22.1 billion in 2023 to over $28.7 billion by 2027
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