We find Fintech news from around the world and share it with you here.
Digital wallets have become an essential part of the travel experience for many, with 74% of U.S. travelers now using them on their trips. This, according to an update from Visa (NYSE:V). Kicking off the summer travel season, Visa, a global enabler of digital payments,… Read More
Read more in: Fintech, Global | Tagged digital transactions, digital wallets, travel, visa
Research from Nucleus, one of the UK’s independent, adviser platform groups, has revealed 76% of people are unaware they can pay money into someone else’s pension. Of those who did not know “about the possibility of third-party pension contributions, 55% said they would not consider… Read More
Read more in: Fintech, Global | Tagged nucleus financial platforms, pensions, research, uk
Research from Experian has revealed British businesses recognize the critical role effective data governance plays in today’s modern economy but cite inherent obstacles in putting these practices into action. The findings reveal that 8 in 10 (83%) British businesses “acknowledge data governance should no longer… Read More
Read more in: Artificial Intelligence, Fintech, Global | Tagged data, experian, research, uk, united kingdom
Mintos is introducing Mintos Smart Cash to help clients with earning up to 3.75% on their cash. Mintos Smart Cash is described as “a new way for investors to earn attractive returns on cash.” This new offering from Mintos lets investors “earn returns on their… Read More
Read more in: Global, Investment Platforms and Marketplaces | Tagged cash, EU, europe, latvia, mintos, money management, savings
Gresham, a provider of financial technology solutions, has released a research report, titled “US Banks’ Data Transformation Journeys at a Crossroads” that reveals fewer than 1-in-10 banks are at the leading edge of data and digital transformation. The report, which surveyed 120 banking leaders from… Read More
Read more in: Fintech, Global | Tagged banking, digital transformation
The Bank of Ireland has entered a new Enviroflex partnership with Aurivo Co-op. Sustainability-linked loans now available to members of leading agribusiness, according to the update from the Bank of Ireland. As mentioned in a blog post, the Bank of Ireland has formed a new… Read More
Read more in: Global, Fintech, General News | Tagged bank of ireland, europe, ireland, loans, sustainability
Mambu, a cloud banking platform, and C24 Bank, a “fully regulated” and BaFin-approved bank have announced an extension to their ongoing partnership following a successful initial launch of the greenfield digital retail bank. Founded by Check24, Germany‘s largest online comparison portal, C24 Bank “provides convenient… Read More
Read more in: Fintech, Global | Tagged banking, c24 bank, germany, mambu
The International Monetary Fund (IMF) has released an update titled “Mapping the World’s Readiness for Artificial Intelligence Shows Prospects Diverge.” The IMF noted in a blog post that the new AI Preparedness Index Dashboard “tracks 174 economies based on their digital infrastructure, human capital, labor… Read More
Read more in: Artificial Intelligence, Global | Tagged ai, artificial intelligence, imf, research
Bank payment company GoCardless has announced a partnership with integration and automation platform Celigo to accelerate its growth through indirect channels. Leveraging Celigo’s integration platform (iPaaS) will enable GoCardless “to build integrations between its payment platform and the back-end systems commonly used by businesses today.”… Read More
Read more in: Fintech, Global | Tagged automation, celigo, gocardless, integration
Strike is introducing buying Bitcoin, global payments, and more to customers in the United Kingdom. Strike is now available in the UK, offering individuals and businesses access to a suite of Bitcoin and Lightning services. Stike noted in a blog post that they’re rolling out… Read More
Read more in: Global, Blockchain & Digital Assets | Tagged bitcoin, btc, strike, uk, united kingdom
World ID verification is reportedly coming to Ecuador. World ID orb verifications are to be introduced across Ecuador, according to an update from the WorldCoin Foundation. Verifications will be available “at six locations across two Ecuadorian cities, starting with the port city of Guayaquil on… Read More
Read more in: Global, Blockchain & Digital Assets | Tagged digital technology, ecuador, world id, worldcoin
MiddleGame Ventures (MGV), a Luxembourg-based investment firm focused on Fintech startups, announced today that it has raised a new fund targeting early-stage investments in Europe. The fund is designed to support the next generation of digital financial service providers “at the Post-Seed, Series A, and… Read More
Read more in: Fintech, Global | Tagged fintech adoption, investments, luxembourg, middlegame ventures
MiCA, or Markets in Crypto Assets regulation approved by the EU, will soon come into effect. The new regulations aim to create a compliant ecosystem to enable digital asset innovation while protecting consumers and businesses. Today, Bitstamp, a long-established crypto exchange, has announced that it… Read More
Read more in: Global, Blockchain & Digital Assets, Investment Platforms and Marketplaces | Tagged bitstamp, EU, europe, european union, mica, regulation, robinhood
We recently connected with Venu Appana from global Fintech Finastra, who helped us learn more about embedded lending services. Venu talked about the various concerns about BNPL products. He also helped us gain a better understanding of the overall Fintech industry trends and the current state… Read More
Read more in: Fintech, Featured Headlines, Global, Opinion | Tagged embedded lending, finastra, fintech trends, interview, venu appana
The SaaS funding landscape in 2024 is very different from even two years ago, according to an update from Capchase. In previous years, venture capital (VC) funding was “the most popular form of SaaS funding, with countless firms investing bold amounts into fledgling companies,” the… Read More
Read more in: Fintech, Global, Strategy | Tagged capchase, funding, saas, software as a service
HeavyFinance is pleased to announce their partnership with CEEZER, a platform offering high-quality carbon removal and reduction projects. This partnership is said to mark a significant milestone for HeavyFinance and their investors. The voluntary carbon market “holds immense potential to validate climate mitigation beyond the… Read More
Read more in: Global, Investment Platforms and Marketplaces | Tagged carbon removal, ceezer, heavyfinance, sustainability
Jeremy Allaire, the CEO and Founder at stablecoin issuer Circle, says he’s more bullish than he has ever been about crypto. Deeper Dive into my Long Form Post/Cast on why I’m more bullish than I have ever been about crypto.https://t.co/BuQ5UoaQSg “Public blockchain infrastructure has evolved… Read More
Read more in: Blockchain & Digital Assets, Global, Opinion | Tagged blockchain adoption, circle, crypto, jeremy allaire
Klarna, the AI powered global payments network and shopping assistant, announced the divestment of Klarna Checkout (KCO). The buyer is a consortium of investors led “by Kamjar Hajabdolahi, CEO & Founding Partner at BLQ Invest.” This strategic move will allow KCO to “continue its evolution… Read More
Read more in: Fintech, Global | Tagged ai, klarna, klarna checkout, payments
ION, a global enabler of trading and workflow automation software, high-value analytics, and strategic consulting, announces the successful integration of its fixed-income solutions with XTP Execution, extending client access to a range of futures markets for trading and market data. In today’s highly competitive and… Read More
Read more in: Fintech, Global | Tagged automation, ion, trading, xtp execution
Dan Morehead, CEO at Pantera Capital, confirmed that Pantera recently made the largest investment in its history in the TON initiative. Dan Morehead explained via social media that TON is a Layer 1 network originally “designed by Telegram and continued by the open source community.”… Read More
Read more in: Blockchain & Digital Assets, Global, Opinion | Tagged blockchain adoption, crypto tokens, dan morehead, pantera capital, ton
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