Global

We find Fintech news from around the world and share it with you here.

MAS Reveals that Social Aspects of a Retail CBDC Featured “Strongly” in the Global CBDC Challenge: Report

Sopnendu Mohanty, Chief Fintech Officer at the Monetary Authority of Singapore (MAS), notes in the Global CBDC Challenge 2021 Report that history has shown that currency is a protean concept. Mohanty points out that from livestock around 9000 BC, to the introduction of paper money around… Read More

E-Commerce: Airwallex Offers Global Accounts, Affordable Online Payments, Borderless Cards

Airwallex notes that the world of e-commerce is “changing rapidly.” As consumers continue to drift away from the high street into the “outstretched arms” of digital commerce marketers, brands are “upping their game.” Airwallex writes in a report that we should no longer just show… Read More

Tokenized Real Estate Market Remains Steady, Valued at $30M+, Trading Volume Surges Considerably in Dec 2021: Report

The team at Security Token Market (STM) has published their Real Estate Report for December 2021. STM writes in a blog post that December’s edition of the real estate report has an updated structure and they’ve also shared their analysis. Previously, this report primarily focused… Read More

Instant Transactions, Real-Time Notifications are Vital to Trusted Payments Process, Modulr Survey Reveals

The team at UK Fintech Modulr has done some research in order to find out what “makes paying passengers leave, and what makes them come back.” As noted in a blog post by Modulr, digital transformation has “been on the collective agenda for years.” It’s… Read More

EstateGuru Introduces Investment Strategies, the “Next Evolution” of Auto Invest Feature

The team at EstateGuru, an online investment marketplace that matches borrowers to investors with secured debt securities, notes that Investment Strategies is the next “evolution” of Auto Invest, which it replaces. EstateGuru wrote in an update that they’ve now “removed the €250 minimum limit for… Read More

BaaS Fintech Unit Says Financial Products Such as Credit Are Key Focus Area for 2022

Itai Damti, CEO at Unit, a financial services company that helps tech firms build financial features into their products (accounts, cards, payments, lending), notes that 2021 was a great year for Unit, thanks to their clients, team, partners, and investors. In the “demanding” day-to-day of… Read More

Crypto Markets Massively Outperformed Other Asset Classes Last Year, Reasonable to Expect Market Crash in 2022: Report

The team at Blockchain.com, a leading block explorer, crypto wallet, and trading platform, says that 2021 witnessed a “fourth” major bull cycle for Bitcoin (BTC) and other crypto-assets. Historically, in the years that followed the previous large bull markets, we’ve seen “a struggle to hold gains… Read More

Embedded Finance: Darren Thang from Railsbank APAC Comments on How Property Buyers Will Get an Enhanced Experience

Railsbank APAC Marketing Manager Darren Thang has taken a look at how property buyers are about to get an enhanced experience. Thang writes in a blog post that increasingly, nonbank firms are “warming to the idea of embedded finance experiences, offering banking-like services that provide… Read More

UK MPs Create New Crypto and Digital Assets APPG as Parliament Aims to Enable Digital Asset Innovation

The UK Parliament has created a cross-party group of MPs and Lords for “Crypto and Digital Assets.” The All-Party Parliamentary Group (APPG) aims to act as a forum for parliamentarians, policymakers and the UK crypto sector to discuss policy and regulation of the industry. According… Read More

A Clear Divide Exists Between High-Income and Emerging Economies in Attitude Towards AI, World Economic Forum Reports

A recent survey highlights a “clear divide” between high-income and emerging economies in “attitudes” toward artificial intelligence (AI), with “optimism” considerably higher in emerging economies. Those in emerging economies noted that they are “more familiar with AI tools and products than those in developed economies.”… Read More

Bank for International Settlements Appoints Raphael Auer as Head of Innovation Hub Eurosystem Centre

The Bank for International Settlements (BIS) has appointed Raphael Auer as the Head of Innovation Hub Eurosystem Centre. Auer is presently a principal economist in the Innovation and the Digital Economy division of the BIS’s Monetary and Economic Department. He has “contributed extensively to BIS… Read More

Cloud enabled Currencycloud Platform Enables Real-Time FX and Payments As Remittances Market Continues to Expand

Ned Barker, who has considerable experience in the payments sector, notes in a blog post published by UK-based cross-border payments Fintech CurrencyCloud that remittances are one of the “single most powerful financial forces in existence today, with workers sending hundreds of billions of dollars to their… Read More

UK Fintech TrueLayer to Take Open Banking Mainstream, Addressing Pain Points of Manual Bank Transactions

Jack Wilson, ex-FCA advisor and TrueLayer’s Head of Public Policy, notes that he’s responsible for coordinating how the firm “influences” public policy (government and regulators) to ensure the appropriate conditions for the company’s growth across the United Kingdom, European Union, internationally. A lot of the… Read More

Real Estate Report: Birmingham, Manchester Considered Prime Investment Locations for 2022 Due to Strong Property Prices, Rental Growth

The team at UK’s Blend Network, a specialist development finance lender, notes that as 2022 gets underway, they’ve reflected on the “strength” and “resilience” of the UK property market. With property prices and rents surging to double digit growth in some areas of the UK,… Read More

Fintech Wise Explains Why their Payment Options Might Be Better than Other Service Providers

If you’ve sent or received a payment from a friend or family member, you might have used either Zelle or Venmo to complete the transaction. These Fintech payment services enable consumers to send and receive local personal payments easily, with simply an email address or… Read More

Martins Valters, Co-Founder at Mintos, Reveals that They Worked Extensively on Regulation-related Objectives in 2021

The team at Mintos, an investment firm that claims to be the leading alternative investment platform in the European Union, says they’ve made “big things” happen at Mintos in 2021, resulting in “a lot of transformative change.” According to Mintos, the loans asset class (for… Read More

Landbay to Focus on Production Innovation and Technology Investment to Enhance User Experience in 2022

Landbay, the buy-to-let mortgage market that leverages the latest Fintech and claims to be one of the fastest-growing tech firm in Europe, notes that 2021 started in the middle of a lockdown and at that time, no one would have “wanted to bet on prospects… Read More

Southeast Asia’s StashAway, a Digital Wealth Manager, Says they’re Prepared for a Solid 2022

Stephanie Leung, Group Deputy CEO at Southeast Asia’s StashAway, a digital wealth manager, notes that the COVID-19 outbreak has accelerated three key trends: a new inflation regime, China’s economic recovery, and the Fourth Industrial Revolution. According to Leung’s observations, the Coronavirus pandemic has continued to… Read More

Cryptocurrency Adoption: Bitrefill Says You can Now Live on Crypto In Saudi Arabia

Bitrefill, a Fintech company that’s supporting digital currency adoption by helping consumers “live on crypto” with gift cards, phone refills, and Lightning Network access, claims that you can now live on crypto in Saudi Arabia. Bitrefill has reportedly added 73 new and popular gift cards… Read More

Credit Reporting Firms Add BNPL Data. Is this a Good Thing?

Last month, Equifax announced that it was incorporating buy now, pay later (BNPL) data in their credit files. Industry sibling Experien has already been adding at least some data to their files. BNPL has risen in popularity due to its growing accessibility and lower cost… Read More

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