FinTech

Showing Latest FinTech

FinTech in the MENA region – Payments take centre stage

19 Apr 17 @ 13:38

According to a new report, the FinTech (financial technology) sector is rising globally, and has already arrived in the Middle East and North Africa (MENA). In fact, the number of... read more

PSD2: Towards a platform approach — what banks need to know

11 Apr 17 @ 12:13

Open innovation is undoubtedly one of the drivers behind PSD2. However, the trend towards open banking and APIs is a global one that goes beyond European legislation. And effects more... read more

Collaboration between banks and FinTechs now key to survival with connected consumers

27 Mar 17 @ 12:24

With the EU’s Second Payment Services Directive (PSD2) and open architecture framework set to come into force next year, regulation may well tip the scales between banks and FinTechs for... read more

Prepaid card market expected to reach $3,653 billion by 2022

09 Mar 17 @ 15:22

A new report published by Allied Market Research projects that the global prepaid card market is anticipated to reach $3,653 billion by 2022, registering a CAGR of 22.7% from 2016 to... read more

The Internet of Things business index – Transformation in motion

07 Mar 17 @ 11:23

The Internet of Things (IoT) is a key driver of the digital transformation that will enable businesses to reinvent products, services, internal operations and business models. As a result, the... read more

US Federal Reserve express caution on central bank issued digital currency

06 Mar 17 @ 15:53

Federal Reserve board governor Jerome Powell took critical aim at the concept of a central bank-issued digital currency during a roundtable event focused on blockchain and the future of financial... read more

Mastercard Periodic Table of Payment Elements

02 Mar 17 @ 17:02

The payments industry is ever-evolving and, with it, the terminology used to describe it. With the Mastercard PERIODIC TABLE OF PAYMENTS, you don’t have to be a financial genius to... read more

FinTech financing in Asia-Pacific doubles in 2016 to $11.2 billion

28 Feb 17 @ 14:37

Global investment in FinTech ventures grew 10% in 2016, to $23.2 billion, driven primarily by a wave of blockbuster deals in China, according to Accenture analysis of data from CB Insights,... read more

Virtual Account Management: the minimum viable proposition

27 Feb 17 @ 14:15

When it comes to corporate liquidity and treasury management, the banks I’m talking to all seem to have one thing in common. The need for speed. Whether they are offering in-house... read more

Why IoT is the fastest growing retail trend of 2017

24 Feb 17 @ 10:45

A recent Gartner survey estimated that by 2020, the number of connected objects will increase by 30 times current levels, making IoT (Internet of Things) a huge untapped opportunity for retailers... read more

Mastercard, Visa and Rupay launch BharatQR and agree new debit fees

20 Feb 17 @ 16:45

National Payments Corporation of India which owns Rupay and Visa and Mastercard have launched the BharatQR – an app-based ‘scan and pay’ solution for small shops. This is the first time in the... read more

Omni-Channel payments becoming a reality in Europe

14 Feb 17 @ 15:05

First Annapolis recently completed a survey of 18 leading European PSPs and acquirers on the topic of omni-channel capabilities and proposition development. The research confirmed that omni-channel capabilities continue to... 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