Global Fintech Blockchain Market Forecast to Hit $57.84bn Billion by 2031

The global fintech blockchain market, valued at $2.2 billion in 2022, is set to expand significantly, reaching $57.84 billion by 2031, with a compound annual growth rate (CAGR) of 43.8% from 2024 to 2031, according to SkyQuest. Fintech blockchain solutions, which integrate blockchain technology with… Read More

Bank of Ireland, the Ireland Strategic Investment Fund, Pearl Property Managers Launch New Fund

Bank of Ireland, the Ireland Strategic Investment Fund (ISIF), and Pearl Property Managers Limited (Pearl) have launched a new fund with an initial value of €55 million that will grow in the future, and support the delivery of more than 2,500 new homes over the… Read More

Nubank Announces Acquisition of Hyperplane to Support AI-first Strategy

Nubank (NYSE: NU) announced the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, “bringing smarter, fairer, and more personalized financial products and services to Nubank’s customers.” Hyperplane, launched in 2022 and… Read More

Real-Time Cross-Border Payments Fintech Nium Announces Spencer Hanlon as COO

Nium, the global enabler of real-time cross-border payments, announced the appointment of Spencer Hanlon to the role of Chief Operating Officer (COO). Previously, Hanlon served as Nium’s Global Head of Travel, “spearheading one of the company’s fastest-growing business units.” Hanlon joined Nium in 2021 via… Read More

Greek Neobank Snappi Secures ECB Universal License

Snappi, the pioneering Greek neobank, has obtained a universal banking license from the European Central Bank (ECB), following a proposal by the Bank of Greece. This approval marks a crucial milestone in Snappi’s mission to deliver next-generation financial services across Europe. The licensing process was… Read More

Fintech: Ibanera, DMALINk Form Strategic Partnership to Support Tech Firms

Digital banking platform Ibanera has partnered with data-centric ECN firm DMALINK to address the financial challenges faced by technology companies. The collaboration merges DMALINK’s expertise in FX trading with Ibanera’s cross-border payment solutions, offering a comprehensive financial toolkit tailored to the needs of tech firms… Read More

Payments Canada Welcomes Susan Hawkins as New President and CEO

The Payments Canada Board of Directors announced the appointment of Susan Hawkins to President and CEO of Payments Canada, effective August 12, 2024. Garry Foster, Chair of the Payments Canada Board of Directors said: “We are thrilled to appoint Susan Hawkins to lead Payments Canada… Read More

Senior Executive’s Embedded Finance Attitudes, Analyzed in Pathward Report

Pathward’s new report – Embedded Finance – Executive Perspectives shares how executives view a growing trend that’s set to grow almost fivefold to $248.4 billion by 2032. One key takeaway is there is opportunity for consultants to assist with strategy and implementation. Most senior executives,… Read More

Open Banking in a Box Provides Regulator Guide

Open Banking in a Box, a new program from Open Banking Excellence (OBE), helps regulators globally develop their open banking markets. It gives access to insights, expertise and practical advice from the UK’s experience in creating its open banking blueprint. This provides the building blocks… Read More

Financial Transformation for Organizations Being Supported By Finance Teams Globally – Report

FloQast recently announced the results of its latest survey, Embracing Financial Transformation: What It Is, Why Organizations Should Want It, and How to Achieve It. The survey released by FloQast explores factors of “both awareness and understanding around the concept of financial transformation among accounting… Read More

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