TCS Edges Closer to Taking Over UK's Faster Payments Service
In the UK's financial technology landscape, Tata Consultancy Services (TCS) is poised to assume control of the country's Faster Payments Service. The move positions TCS as a formidable contender,...
View ArticleChargeAfter to Provide PoS Technology to Citi Pay
Citi Retail Services has selected ChargeAfter, the embedded lending platform for point-of-sale financing, as a technology provider for its Citi Pay products, which include Citi Pay Credit and Citi Pay...
View ArticleBeyond Borders: The Banking Industry's Pivotal Role in Global Commerce
In what concerns the intricate tapestry of global commerce, the banking industry stands as a strategic linchpin, orchestrating the delicate dance of trade, sustainability finance, and payments. Recent...
View ArticleNubank on Track to Achieve $1 Billion Annual Profits, CEO Says
The $42 billion Brazilian fintech startup Nubank has laid out ambitious plans to become the biggest financial services provider in Latin America, according to an interview with the company's CEO, David...
View ArticleThe BaaS Revolution: Redefining the Banking Battlefield
As traditional banks grapple with liquidity challenges, BaaS emerges not just as a lifeline but as the potential game-changer in winning the deposit war. BaaS stands poised to unleash novel strategies...
View ArticleCharting a Skills-Centric Course in Financial Services
The conventional job-centric structures are proving inadequate to meet the demands of financial services' constant evolution. Recent research reveals that executives recognize the need for departure...
View ArticleGenerative AI Adoption: Canadian Financial Advisors Take the Lead at 56%
The global fintech company Broadridge has released its annual survey, highlighting the adoption of artificial intelligence (AI) among financial advisors in North America. Dubbed the Fifth Annual...
View ArticleRethinking Personalized Payment Links
Personalized payment links, generated by cutting-edge payments technology, seamlessly integrate into payment reminders and traverse various communication channels such as SMS, email, or push...
View ArticleFintech and VC Funding Plummet off a Cliff: Worst Results in 5 Years
The latest Pulse of Fintech report by KPMG highlighted a notable downturn in fintech investment in 2023. Global fintech investment fell to $113.7 billion in 2023, a significant drop from $196.3 billion...
View ArticleBeyond the Transaction: The Art of Invisible Payments
Embedded payments are emerging as a transformative force, not merely as transactional tools but as integral components of a customer's journey. As businesses across various sectors increasingly...
View ArticleProfit in Precision: Data-as-a-Service Strategies for Issuers
Issuers are urged to chart a course through the digital transformation strategically. The shift toward a tech- and data-driven business model is irreversible, demanding a nuanced approach that eschews...
View ArticleLatin America Embraces Banking-as-a-Service: Projects 14% Annual Growth...
Banking-as-a-Service (BaaS) is growing in popularity among businesses as a strategy to improve client engagement and retention. BaaS in Latin America will grow at a 14.27% compound annual growth rate...
View ArticleNuvei Introduces Omnichannel Payments Solution for Global Merchants
Nuvei Corporation, a Canadian fintech company, has unveiled its latest innovation in the payments industry, announcing the launch of its enhanced omnichannel payments solution tailored for merchants...
View ArticleTransformative EU Regulations Redefine Instant Credit Transfers in Banking...
In a seismic shift for the financial services sector, the European Parliament has approved groundbreaking regulations aimed at reshaping the dynamics of credit transfers within the European Union. This...
View ArticleTransforming Banking for Inclusive Finance
As the digital revolution unfolds, the banking industry plays a pivotal role in fostering economic development in emerging markets. However, persistent digital divides continue to hinder widespread...
View ArticleThe Metaverse and The Evolving Landscape of Digital Payments
The metaverse, a computer-generated environment that transcends reality, has become a focal point of technological advancement and investment. As this immersive digital space continues to shape...
View ArticlePayPal Shares Dive 8% Afterhours with FY24 Guidance Miss
PayPal (Nasdaq: PYPL) ended the fourth quarter of 2024 with per-share adjusted earnings of $1.48, beating the estimations of $1.36 by the analysts at LSEG (formerly Refinitiv). Its net quarterly...
View ArticleRevolut Exposes Meta Platforms as Root of 60% of UK Scams
In a revelation, Revolut has unveiled concerning data regarding the prevalence of scams originating from Meta platforms in the UK and across Europe in 2023. According to the findings, a staggering...
View ArticleMachine Learning in Central Banking: Paving the Way for a Data-Driven...
As central banks globally continue to explore and implement machine learning solutions, the financial landscape stands on the brink of a paradigm shift. The synergistic collaboration between...
View ArticleThe Pragmatic Case Against Full Interoperability
In the realm of digital finance, the winds of change blow strongly toward interoperability. However, a contrasting perspective emerges, one that makes the case for companies, particularly big tech...
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