May 17, 2024 @ 10:01 am By Omar Faridi  |  

We spoke to co-founder of PayFuture Technologies Dubai, Zaki Farooq on why businesses should overcome their reluctance to enter emerging markets to tap into a world of opportunity. Emerging markets are one of the fastest developing sectors of the global economy and many new businesses are establishing… Read More

 Tagged emerging markets, interview, payfuture technologies, zaki farooq

May 17, 2024 @ 9:25 am By Omar Faridi  |  

Corporate venture capital funding rebounds in Q1’24, driven by $100M+ mega-rounds, according to an update from CBInsights. CBInsights noted that Corporate venture capital (CVC) had “a solid quarter in Q1’24, with CVC-backed funding increasing by 26% quarter-over-quarter (QoQ), greater than the venture market as a… Read More

 Tagged research, vc, venture capital

May 17, 2024 @ 8:56 am By Omar Faridi  |  

Deloitte’s 2024 Gen Z and Millennial Survey connected with nearly 23,000 respondents across 44 countries, examining the evolving circumstances shaping the workplace and the societal experiences of these generations globally. Elizabeth Faber, Deloitte Global Chief People & Purpose Officer, said: “This year’s survey spotlights two… Read More

 Tagged consumer behavior, deloitte, gen z, generative ai

May 16, 2024 @ 10:39 pm By Omar Faridi  |  

Consumers are willing to spend an average of 9.7% more on sustainably produced or sourced goods, even as cost-of-living and inflationary concerns weigh, according to PwC’s 2024 Voice of the Consumer Survey, released recently. The survey, which collected “the perspectives of more than 20,000 consumers… Read More

 Tagged pwc, research, survey, sustainability

May 16, 2024 @ 10:38 pm By Omar Faridi  |  

Chime, provider of a banking app, is announcing MyPay, a new offering that will aim to transform how everyday people access their pay in America. MyPay, Chime’s innovation, lets eligible members “access up to $500 of their pay, including government benefits, before payday with no… Read More

 Tagged banking, chime, ewa, neobank, payments

May 16, 2024 @ 10:36 pm By Omar Faridi  |  

Tuum, the core banking services provider, is pleased to announce a new partnership with TransactionLink, a key player focused on end-to-end KYB/KYC automation solutions. This collaboration aims to tackle “the pressing challenges faced by fintechs and banks, particularly in achieving faster time-to-market, scalability for growth… Read More

 Tagged compliance, digital financial services, kyc, tuum

May 16, 2024 @ 10:35 pm By Omar Faridi  |  

The way people pay and get paid has changed more in the past five years than in the last 50, according to an update from Visa (NYSE: V). Consumers have evolved, adapting to new payment experiences – “from the advent of embedded, digital commerce to… Read More

 Tagged digital transactions, fintech adoption, visa

May 16, 2024 @ 6:11 pm By Omar Faridi  |  

Nucleus Financial Platforms, one of the UK’s independent, adviser platform groups, has announced the appointment of two new Non-Executive Directors (NEDs) to its board. Cathryn Riley, who started on 1 May, will “chair the remuneration committee, and Clare Bousfield will join on 1 July and… Read More

 Tagged new appointments, nucleus financial platforms, uk, united kingdom, women changing finance

May 16, 2024 @ 6:00 pm By Tony Zerucha  |  

dLocal, a cross-border payment platform specializing in high-growth markets, today expanded its partnership with Deel, a global HR and payroll platform that helps businesses scale their remote workforce capabilities. The expansion includes Indonesia, Malaysia, Thailand, and Vietnam in Asia, and Ghana, Jordan, Kenya, Morocco, Saudi… Read More

 Tagged Aguston Botta, dan westgarth, deel, dlocal, emea, payroll, remote workforce

May 16, 2024 @ 4:52 pm By Omar Faridi  |  

Many prospective homebuyers fear the long-term consequences of renting, including 70% who feel they’re not making a long-term investment in their future, and 72% who worry that rent increases could affect their current and long-term finances, according to a Bank of America (NYSE: BAC) Homebuyer… Read More

 Tagged bank of america, homebuyers, real estate, Research Report