April 21, 2025 @ 8:37 am By Omar Faridi  |  

The fintech sector continues to reshape global finance, with Royal Park Partners’ Fintech Report offering an analysis of its trajectory. The report highlights key trends, transactions, and challenges shaping the Fintech (financial technology) industry, emphasizing the resilience and adaptability of fintech firms in a dynamic… Read More

 Tagged fintech adoption, payments, research

April 20, 2025 @ 10:53 pm By Tony Zerucha  |  

AI is not only powering online shopping; it’s also making it easier than ever for Americans to buy counterfeits. According to The Counterfeit Buyer Teardown, a study of US counterfeit e-commerce, 28% of consumers who bought knock-off products online say they used AI tools to… Read More

 Tagged counterfeits, e-commerce, fraud, Laura Urquizu, Red Points, research

April 20, 2025 @ 9:52 pm By Omar Faridi  |  

Swift announced the launch of an enhanced solution for managing payment investigations that could save the financial industry millions and significantly reduce the time it takes to “identify and resolve issues when international payments are delayed.” Financial institutions spend more than $1.6 billion each year… Read More

 Tagged digital technology, digitalization, payments, swift

April 20, 2025 @ 9:06 pm By Omar Faridi  |  

Digital identity is transforming how individuals interact with online systems, offering a secure, reusable way to verify who they are. According to a Juniper Research whitepaper, digital identity is defined as a digital representation of an entity, encompassing identifying data, events, or assurance signals. In… Read More

 Tagged digital identity, digital technology, research, security

April 20, 2025 @ 7:09 pm By Tony Zerucha  |  

Spreedly, an open payments platform, and FlexFactor, a payment recovery platform, are partnering to help merchants recover lost sales. With more than $500 billion in sales lost each year due to false declines, this new collaboration aims to empower merchants to turn declines into revenue, enhancing shopping cart… Read More

 Tagged FlexFactor, Rose Francois, spreedly, Ze'ev Shoval

April 20, 2025 @ 6:26 pm By Omar Faridi  |  

Alto, a platform that enables individuals to invest in alternative assets through retirement funds, is announcing a partnership with InvestX, a North American asset manager that provides accredited investors access to select late-stage growth pre-IPO companies. This collaboration will allow Alto investors to “explore exclusive… Read More

 Tagged alto, investments, investx, private markets

April 20, 2025 @ 12:16 pm By Michael Wong  |  

Zain Fintech, the financial services arm of Zain Group, launched its “Bede” Digital Wallet in Sudan, enabling customers to carry out financial transactions via mobile phones without a traditional bank account or card. The platform, designed for both basic feature and smart phones, offers services… Read More

 Tagged africa, Bede, digital bank, fintech, Sudan, wallet, Zain Fintech

April 20, 2025 @ 11:09 am By Michael Wong  |  

Yiren Digital Ltd, an artificial intelligence (AI)‑powered platform providing financial and lifestyle services in China, said it formed a strategic joint venture with PT Pinjaman Kemakmuran Rakyat (klikUMKM) and PT Artha Digital Investama, part of the Artha Graha Network (AG Network), to deliver AI‑driven financial… Read More

 Tagged klikUMKM, Yiren Digital

April 20, 2025 @ 7:12 am By Tony Zerucha  |  

PalmPay, a digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, an African domestic card scheme. The PalmPay Debit Card brings advanced features such as savings yield on deposits and merchant rewards within reach for mass… Read More

 Tagged b2b, edbit card, Jiapei Yan, nigeria, PalmPay, payments, Sofia Zab, Verve

April 19, 2025 @ 10:52 pm By Omar Faridi  |  

European fintech Pliant has reportedly acquired the Austrian Insurtech hi.health. The acquisition enables Pliant to apply its payment expertise to the insurance sector while “gaining industry-specific know-how.” This marks the company’s second acquisition “following the purchase of Friday Finance in 2023.” hi.health will continue to… Read More

 Tagged acquistion, austria, europe, insurtech, pliant