Search Results for: fintech sector

July 10, 2025 @ 6:48 pm By Omar Faridi  |  

Sumsub joined hands with DKM ECO, a data services provider in the Asia-Pacific region, to stage an APAC Roadshow “Comply to fortify 2.0” in Hong Kong to share with businesses on how innovative solutions can address their most pressing compliance challenges. This initiative forms part… Read More

June 14, 2025 @ 12:41 pm By Michael Wong  |  

Fraud in Asia-Pacific’s fastest-growing digital sectors is rising sharply, driven by sophisticated tactics involving deepfakes and synthetic identity documents, according to a new report from global verification provider Sumsub. Healthtech recorded the highest year-on-year increase in fraud cases across the region with a 723% surge… Read More

May 16, 2025 @ 12:16 pm By JD Alois  |  

The IPO market is cracking open. This week, eToro listed its shares on the Nasdaq, and Chime filed an S-1 indicating its intent to float its shares as well. Klarna may be moving forward on its paused public listing as well. There appears to be… Read More

April 15, 2025 @ 10:15 am By Omar Faridi  |  

Gradient Labs is an AI company that has built (what they claim to be) the only safe AI customer service agents for regulated industries, including financial services, fintech, and insurance. While AI-powered customer service isn’t new, regulated industries have been left behind due to strict… Read More

March 25, 2025 @ 9:25 am By JD Alois  |  

Tomorrow, the Chancellor of the Exchequer, Rachel Reeves, will deliver the Spring Statement, and the Fintech industry will be watching closely to see how future policy will impact their sector and other changes that may affect the economy in general. The UK government has already announced it… Read More

March 19, 2025 @ 3:32 pm By Omar Faridi  |  

The Fintech sector has considerable potential, as highlighted in PitchBook’s Q1 2025 Analyst Note. Held in Las Vegas from February 25–27, 2025, the Fintech Meetup event drew over 4,000 attendees and showcased the industry’s untapped opportunities within a $14 trillion global financial services market, of… Read More

October 28, 2024 @ 6:25 am By Omar Faridi  |  

FT Partners Research is announcing the release of their Q3 2024 FinTech Insights report, providing a review of FinTech deal activity with analysis across private company financings, IPOs, M&A transactions. The third quarter wrapped up with public markets “at all-time highs,” again, much-awaited interest rate… Read More

October 8, 2024 @ 4:45 pm By JD Alois  |  

Florida, and the Miami region specifically, has emerged as a fast-growing startup/entrepreneur ecosystem. The warm weather (minus the occasional hurricane), combined with a business-friendly state government and no state income taxes, has helped shift activity from elsewhere to the Sunshine State. Some big firms have… Read More

April 5, 2024 @ 8:48 am By Omar Faridi  |  

VC dealmaking slides to a 7-year low, while several blockbuster deals “drive a modest rebound in funding,” according to an extensive update from CBInsights. According to the latest CBInsights report, Q1’24 was “a mixed bag for the venture market.” The CBInsights report reveals that equity… Read More

April 1, 2024 @ 8:48 am By Omar Faridi  |  

The United Kingdom is currently the sixth largest economy globally and the UK tech startup ecosystem ranks third in terms of funding raised in the first quarter of 2024, after the US and China, according to a new report. Tracxn, a global SaaS-based market intelligence… Read More

December 30, 2023 @ 12:58 pm By Michael Wong  |  

The UK’s Fintech sector is bracing for a talent crunch in the coming year, with a significant gap emerging between the demand for digital skills and the available workforce, City A.M. reported, quoting a leading industry figure. Charlotte Crosswell, chair of the Centre for Finance,… Read More

December 29, 2023 @ 4:33 pm By Omar Faridi  |  

Akash Sinha, CEO & Co-Founder, Cashfree Payments, has shared key insights with CI that are focused around UPI, digital payments and the overall Fintech space. Akash Sinha from Cashfree Payments notes that even with global economic uncertainty, the fintech sector in India has “continued to… Read More

December 17, 2023 @ 6:17 am By Michael Wong  |  

The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) has urged for tougher regulations in the fintech sector and the operations of Bureaux de Change. This call was made by ACAEBIN Chairman, Prince Akamadu, during the association’s 57th quarterly general meeting in Lagos…. Read More

December 12, 2023 @ 9:35 am By Michael Wong  |  

The State Bank of Pakistan (SBP) has launched a “regulatory sandbox” framework, issuing preliminary guidelines to foster innovation in the financial technology (Fintech) sector. This initiative, part of the central bank’s Vision 2028 strategy, aims to create a more collaborative regulatory environment for startups and… Read More

November 21, 2023 @ 4:46 pm By Omar Faridi  |  

Juniper Research unveiled recently the 10 trends that are set to radically impact the fintech and payments landscape in 2024, included within its latest whitepaper. The whitepaper found that “the fintech market is undergoing a rapid shift, with the rise of new technologies, such as… Read More

November 7, 2023 @ 10:37 pm By Omar Faridi  |  

The past year has been challenging for the Australian fintech sector, according to the KPMG Australian Fintech Survey Report 2023, “with both total investment and the number of deals materially dropping compared to the previous year.” This has led to a decline in the total… Read More

October 23, 2023 @ 7:37 am By Omar Faridi  |  

Osborne Clarke has supported a new report published by Whitecap Consulting, which shows the FinTech sector in the South West includes more than 190 FinTech firms and contributes more than £1 billion to the regional economy annually. The new report is the result of a… Read More

September 24, 2023 @ 8:11 pm By Omar Faridi  |  

In order to support innovation, financial inclusion as well as the emerging digital financial services ecosystem, the State Bank of Pakistan (SBP) has reportedly issued In-Principle Approvals for launching five digital retail-focused banking platforms. Pakistan’s newly approved online banks reportedly include HugoBank, KT Bank Pakistan… Read More

May 4, 2023 @ 10:27 am By Omar Faridi  |  

Stevens Institute of Technology and Rensselaer Polytechnic Institute announced their first industry members, “including Bank of America (NYSE: BAC), and initial research projects for the Center for Research toward Advancing Financial Technologies (CRAFT).” An industry-university cooperative research center, “backed by a grant from the National… Read More

October 23, 2022 @ 7:29 pm By JD Alois  |  

Like many other markets around the world, the hot tech sector in Israel is not as hot as it was last year. According to LeumiTech’s periodic report, in the first nine months of 2022, Israeli Tech companies raised $12.3 billion or 30% less than in… Read More