Fintech Trends Impacting Small Businesses in 2023
In the competitive world of 2023, small firms are increasingly turning to financial technology, or fintech, to streamline their operations and accelerate growth. Fintech solutions provide innovative...
View ArticleShould AIs be Trained on Data for Free?
Data has emerged as a critical resource for training clever algorithms in the fast-evolving world of artificial intelligence (AI). As businesses work to develop and improve AI systems, the topic of...
View ArticleThe Expansion of Embedded Finance: Fintech Integration in Non-Financial Sectors
The financial technology (fintech) industry has seen considerable growth and disruption in recent years across a variety of sectors. One prominent development is the growth of embedded finance, which...
View ArticleRobo-Advisors in 2023: Revolutionizing the Investment Landscape
Robo-advisors have acquired substantial popularity in the financial business in recent years. By providing efficient, low-cost, and accessible investing solutions, these automated investment platforms...
View ArticleThe Latest Developments in Cross-Border Remittance
The process of moving money across international borders, known as cross-border remittance, is critical in facilitating global economic activities and promoting financial inclusion. Technology...
View ArticleThe Expansion of Embedded Finance: Integration in Non-Financial Sectors
The integration of financial services into non-financial sectors, known as embedded finance, is rapidly gaining traction, altering industries and revolutionizing how consumers access and interact with...
View ArticleSingapore Tops as Southeast Asia Reports Record Investments in Fintech
The investments channeled to the fintech sector in the Association of Southeast Asian Nations, ASEAN, increased to USD4.3 billion in the first nine months of 2022. The amount is higher than the total...
View ArticleCorporates Are Spoiled for Choice When It Comes to Cash Pooling
Cash pools are arrangements mostly used by multinational groups to optimise cash and liquidity management and reduce reliance on external funding and associated funding costs. There are two basic types...
View ArticleThe Adoption of Open Banking and Its Impact on the Payments Industry in the...
The concept of open banking has gained hold globally in recent years, altering the financial services sector and revolutionizing how customers handle their accounts. The introduction of open banking...
View ArticleWise Reports 33% Jump in Active Customer Base to 6.7 Million
In a strong start to the fiscal year 2024 (FY24), Wise plc (LSE: WISE) experienced a robust uptick in its growth metrics during the first quarter. The company reported a year-over-year (YoY) increase...
View ArticleAfrica Has Hardly Scratched The Surface Of Digital Banking And Contactless...
The uptake of digital banking and contactless payments has varied across African nations on the post-pandemic road to economic recovery. While a number of countries in the region experience a high...
View ArticleCybersecurity Trends and Challenges in the Fintech Industry
The necessity of cybersecurity has never been stronger as the fintech industry continues to innovate and disrupt traditional financial services. Fintech firms manage sensitive client data and financial...
View ArticleOvercoming Security and Privacy Concerns in Open Banking
Open banking, a system that allows third-party financial service providers to access consumer banking data via Application Programming Interfaces (APIs), has the potential to transform the financial...
View ArticleThe Advantages of Real-Time Payments for Businesses in 2023
Businesses require efficient and secure payment solutions to thrive in today's fast-paced and digitally-driven environment. Traditional payment systems with delays and laborious processes can stymie...
View ArticleFederal Reserve’s New Real-Time Payment Network Goes Live in 35 Banks
The Federal Reserve has launched an instant payment system that enables users in the US to transfer money electronically. In a statement released today (Thursday), Fed's Chair Jerome Powell said that...
View ArticleThe UK Launches the Permanent Digital Sandbox to Fuel Market Innovation
The Digital Sandbox, an experimental testing environment for the UK’s startups, will become a permanent fixture starting from 1 August 2023. It follows two successful pilot runs and aims to broaden its...
View ArticleEmbracing Web3: The Next Chapter in KYC Data and Identity Management
In the ever-evolving landscape of technology and finance, the emergence of Web3, also known as the decentralized web, is poised to revolutionize how Know Your Customer (KYC) data is handled and...
View ArticleInterbank Blockchains and the On-Chain Payments Horizon
In recent years, blockchain technology has emerged as a transformative force in various industries, with its decentralized and secure nature offering significant advantages over traditional systems....
View ArticleCan Meta’s Threads Overtake Twitter?
In the fast-paced world of social media, platforms are constantly competing for users' attention and loyalty. Meta, formerly known as Facebook, has recently launched "Threads," a new feature designed...
View ArticleEmpowering the Underbanked: Fostering Inclusive Financial Solutions
The underbanked population, consisting of individuals who lack access to traditional banking services, faces numerous financial challenges and limited opportunities for economic growth. While expanding...
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