FinTech

Showing Latest FinTech

Realtime payments offer immense potential for banks and FinTechs globally

19 Nov 19 @ 12:36

New research from Emerging Payments Association reveals that realtime payments are growing rapidly in the UK and deploying widely worldwide, signifying potential for business payments for banks and FinTechs. The... read more

Open Banking: Consumer appetite for new banking services

12 Nov 19 @ 12:03

Around the world, banks are opening up their customers’ financial data (with the customers’ consent) to third parties through application programming interfaces (APIs). The global trend of Open Banking allows... read more

Visa acquires stake in Nigeria’s Interswitch

12 Nov 19 @ 10:41

Visa has announced it will acquire a “significant minority” stake in Nigerian payments platform Interswitch. Interswitch did not provide financial details in its statement but media reports indicate that Visa... read more

97% of merchants are already looking to leverage PSD2

04 Nov 19 @ 16:58

Last month, the European Banking Authority (EBA) announced an 18-month delay to the implementation of Strong Customer Authentication (SCA). However, the delay to PSD2 – which follows UK FCA’s own... read more

Governance of payments industry a key trend for 2020

04 Nov 19 @ 14:04

The dynamic payments industry continues to expand and evolve, with digital payment vehicles and transaction volumes growing across the globe. Over the past year, industry incumbents have been responding to... read more

Summary: The World Retail Banking Report 2019

31 Oct 19 @ 10:20

Within today’s connected, digital environment, bank executives realise that customer satisfaction standards must stack up not only to those of other firms providing financial services, but also with non-industry businesses... read more

Report: Payment services for SMEs – Jump-starting digital payment services

30 Oct 19 @ 12:58

Financial inclusion for SMEs is a hot topic for European governments, financial institutions, banking representatives and small business associations. All recognise that SMEs are a significant part of the region’s... read more

Would a subscription-based banking model fend off challenger banks?

29 Oct 19 @ 11:25

It is forecasted that mobile banking is set to be more popular than visiting a high street bank branch within two years. And as the banking industry continues its digital... read more

Know your audience: why age matters in banking

28 Oct 19 @ 13:49

The banking industry is saturated with buzz words and all banks need to be seen to be advocates of these words, whether it’s Open Banking and PSD2, or agile work... read more

Finance sector feels negative impact of cloud migration

22 Oct 19 @ 11:17

Research has found that 86% of finance companies say that a lack of ability to migrate legacy apps to the cloud is impacting their business negatively, despite 85% viewing digital... read more

Contactless payments come to e-commerce

01 Oct 19 @ 15:03

Our first blog in this series looked at Strong Customer Authentication, and provided the Maxa answer to this challenge. In this blog, we chart the rapid growth of contactless payments... read more

Regulation killing Challenger Banks and FinTech disruptors in UK

30 Sep 19 @ 15:32

Challenger banks such as Metro Bank, and even larger foreign banks such as Santander, as well as branchless FinTechs such as Monzo, were supposed to break the dominance of the... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more