March 22, 2025 @ 6:40 am By Tony Zerucha  |  

Results of a survey commissioned by Engage People, a loyalty network that enables program members to pay with points directly at checkout, found that 90% of consumers are open to switching brands. This highlights the growing importance of financial-based rewards—such as the ability to Pay… Read More

March 21, 2025 @ 8:21 am By Tony Zerucha  |  

The 10th edition of the Worldpay Global Payments Report reveals a global transformation in payments. In one decade, innovation such as digital wallets, buy now pay later (BNPL) and real-time account-to-account (A2A) technology has revolutionized the way consumers pay. This year’s report looks back at a decade… Read More

March 20, 2025 @ 9:14 am By Tony Zerucha  |  

Officials at Hostinger predict that many financial services jobs will be made redundant by AI and AI agents within five years. With the artificial intelligence market projected to grow from $184 billion in 2024 to $826.7 billion by 2030, businesses are rapidly adopting these technologies to… Read More

March 20, 2025 @ 8:58 am By Tony Zerucha  |  

According to a new report from fraud prevention platform Ravelin, e-commerce merchants are bracing themselves for a significant rise in AI-powered fraud over the next 12 months. The majority (91%) of retailers, travel companies, digital goods providers, and marketplaces are worried about criminals turning to… Read More

March 18, 2025 @ 4:02 pm By Tony Zerucha  |  

This week Abrigo, a provider of software and advisory services for financial institutions, launched Loan Review Assistant. This generative AI-powered solution, available as an add-on to Abrigo’s DiCOM Loan Review, is designed to improve the loan review process with a more accurate approach to credit… Read More

March 18, 2025 @ 9:19 am By Tony Zerucha  |  

  Insurance is one of life’s boring necessities, but bolt is livening it up through technology partnerships and industry expertise. The platform works with hundreds of insurers and businesses across industries and operates in more than 35 markets on four continents. Bolt’s financial services vertical… Read More

March 18, 2025 @ 9:05 am By Tony Zerucha  |  

YouHodler’s chief of markets, Ruslan Lienkha, recently shared his thoughts on cryptocurrency market trends. With BTC’s price cooling off after recent highs, is this a healthy consolidation phase, or does it signal deeper weakness ahead? Based on last year’s trends, Bitcoin’s consolidation phase can last… Read More

March 17, 2025 @ 9:25 am By Tony Zerucha  |  

The Capgemini Research Institute’s World Retail Banking Report 2025, published this week, reveals a critical shortcoming in how retail banks appeal to the demands of digital-native, urban clients between the ages of 18-45. According to the report, while 73% of these credit card customers are motivated primarily by… Read More

March 17, 2025 @ 8:52 am By Tony Zerucha  |  

Recent cryptocurrency-related moves from Washington generated mixed reactions from industry insiders. Some moves were more important than the markets may think, while others lacked substance. SPACE ID director of business development Harrison Seletsky said that despite the market’s tepid reaction to the crypto reserve announcement,… Read More

March 15, 2025 @ 3:59 pm By Tony Zerucha  |  

Concerns about fraud are escalating among Canadians, with a new Equifax Canada survey revealing that 89% believe companies must do more to protect personal data. Seniors and Quebec residents are particularly worried, demanding stronger fraud prevention measures and broader fraud education. Key findings 55% believe… Read More

March 14, 2025 @ 10:38 am By Tony Zerucha  |  

Thredd’s Damien Gough said that in today’s economically challenged environment, many Fintechs seeking growth must expand to new countries. However, with every country having unique characteristics, companies cannot simply cut and paste their playbook from one into another. Thredd helps such firms quickly and successfully… Read More

March 14, 2025 @ 9:20 am By Tony Zerucha  |  

The recent $1.4 billion Bybit hack by Lazarus Group has crypto industry figures weighing in on lessons that should be learned moving forward. SMARDEX co-founder Jean Rausis said the industry should review its hiring practices and closely consider crypto’s “remote nature.” “Most of us work… Read More

March 14, 2025 @ 7:16 am By Tony Zerucha  |  

Flutterwave, an African payments technology company, has announced a strategic partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to provide micro, small, and medium enterprises (MSMEs) across the nation with digital payment solutions, e-commerce tools, financial access, and capacity-building programs. The… Read More

March 12, 2025 @ 11:05 am By Tony Zerucha  |  

This past week, United Kingdom cashflow management platform Lenkie announced £49 million in Series A funding. The round, which includes £4 million in equity and a £45 million debt facility, was led by a “large US private credit fund focused on supporting lenders internationally.” Lenkie… Read More

March 12, 2025 @ 9:24 am By Tony Zerucha  |  

While the cryptocurrency industry is experiencing growing pains (with many self-induced), Flipster head of product Youngsun Shin said that is expected for a new sector. However, he does have solutions for many of its problems. Flipster is a cryptocurrency trading platform that offers high-speed, secure,… Read More

March 12, 2025 @ 9:13 am By Tony Zerucha  |  

The British Business Bank’s Small Business Finance Markets 2024/25 report, published this week, finds that challenger and specialist banks’ share of gross lending is the highest on record – accounting for 60% and outperforming the UK’s big five banks. The report also finds that business… Read More

March 11, 2025 @ 1:10 pm By Tony Zerucha  |  

This week, the Pan-African Payment and Settlement System (PAPSS) was launched in Kenya and Rwanda. Launched by the African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, PAPSS was launched by KCB Group… Read More

March 10, 2025 @ 10:40 pm By Tony Zerucha  |  

A new report from Strata Decision Technology finds financial institutions nationwide are preparing to navigate significant economic uncertainties and mounting competition from non-traditional, digitally based competitors and industry consolidation throughout 2025. The 2025 CFO Outlook for Financial Institutions report combines industry analysts’ projections with Strata’s independent research. The… Read More

March 10, 2025 @ 8:59 am By Tony Zerucha  |  

UK Fintechs are among the beneficiaries from the second close of the Arāya Super Angel Fund. Valued at £18.2million, the Arāya Super Angel Fund got a £5 million boost from British Business Investments, a subsidiary of the British Business Bank. The community-powered fund will invest… Read More

March 10, 2025 @ 8:56 am By Tony Zerucha  |  

Asset Token Ventures, a company merging real-world assets with blockchain, has launched MBSToken, a solution targeting the $11 trillion mortgage-backed securities market. Designed for institutional accredited investors and qualified purchasers, MBSToken offers on-chain exposure to mortgage-backed securities, which have been traditionally restricted to major financial… Read More