FinTech

Showing Latest FinTech

Digital transformation presents banks with trillion dollar profit opportunity

26 Sep 19 @ 11:24

Temenos has announced the first set of results from the Temenos Value Benchmark, a strategic, survey-based program providing in-depth analysis of how software capabilities impact a bank’s profitability. Key findings... read more

Bringing contactless to e-commerce – The answer to SCA

24 Sep 19 @ 15:15

On the 14th September, the EU formally introduced its Strong Customer Authentication (SCA) regime as part of the PSD2 roll out. Whilst this regulation aims to ensure greater security for... read more

Ant Financial – the world’s most valuable private FinTech – heads for IPO

24 Sep 19 @ 08:34

Ant Financial is the world’s most valuable private FinTech company, and grew out of Alipay, the payments system founded by Alibaba in 2004. It also owns Yu’e Bao, the world’s... read more

The World Payments Report 2019

18 Sep 19 @ 09:33

According to the World Payments Report 2019, which tracks and analyses non-cash transaction volume, regulatory and industry initiatives, and digital transformation across the global payments market, global non-cash transactions are... read more

Report: Banks risk losing $280 billion in payments revenue by 2025

17 Sep 19 @ 09:03

As much as 15% of banks’ global payments revenue, or $280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become more... read more

Millennials pushing shift from credit to debit and digital wallets

13 Sep 19 @ 09:32

Young people in the UK have become “credit-averse”, according to a major study of shopping and spending habits conducted by YouGov. Instead, they are increasingly hungry for innovations like digital... read more

FinTech mega-deals lead to record-breaking $120 billion transaction value in H1 2019

20 Aug 19 @ 11:44

Three FinTech mega-deals totalling $87 billion set the scene for a record-breaking $120 billion in disclosed transaction value for the sector in a ‘white-hot’ first half of 2019, reveals the... read more

Daimler and Commerzbank pilot blockchain e-money wallet for car payments

16 Aug 19 @ 10:29

Commerzbank has partnered with Daimler Trucks on a pilot to use a blockchain e-money wallet called the Daimler Truck Wallet to make payments with e-euros from Commerzbank. Once the e-euros... read more

Global FinTech investments falls sharply – Trade war and poor economic outlook to blame

15 Aug 19 @ 13:09

According to a new report, global investments in FinTech has  fallen by 29% in H1 2019 as deal activity in China in particular fell sharply amid an escalating trade war... read more

Start winning with omni-channel and Apple Pay

30 Jul 19 @ 11:50

Speed and convenience – these are the main ingredients consumers look for in a shopping experience today. If you’re short on either of these, big chances are your shop, either... read more

Digital banking only? Younger consumers demand bricks and mortar services

29 Jul 19 @ 10:21

The rush to digital banking and to close high street bank branches may be premature, according to the latest Somo White Paper – Are digital only brands the future of... read more

How is AI changing the banking industry?

27 Jun 19 @ 08:51

Both challenger and traditional banks are growing their focus on helping consumers save money. As customers increasingly look to save money for a rainy day and become more fiscally responsible,... 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