In the modern era of globalization, the demand for efficient, transparent, and cost-effective cross-border payment systems has grown exponentially. Traditional methods of transferring money across borders have proven insufficient, plagued by high fees, sluggish processing times, and significant
The fintech industry has experienced remarkable growth over the past decade, driven by innovations that are redefining how financial services are accessed and delivered. One of the primary catalysts for this transformation is the advent of open banking APIs. These application programming interfaces
Artificial Intelligence (AI) is fundamentally reshaping the credit union industry, not merely by enhancing their operational capabilities but also by upholding and enriching the principle of "people helping people." Traditionally, credit unions have relied on the 4 Cs of lending—Credit, Capacity,
The enterprise applications market is on the brink of a significant transformation, driven by the rapid adoption of AI and cloud technologies. According to a recent study by Futurum Intelligence, the market is expected to exceed $430 billion in revenue by 2028. This growth is fueled by the
Banks are closing down at an alarming rate. According to recent reports from the Office of the Comptroller of the Currency, 754 bank branches closed between January and September. While many may be tempted to dismiss this as the failings of smaller, community banks, the data would indicate
QPLIX, a WealthTech company specializing in wealth management software, has captivated the attention of the tech investment world by securing over €25 million from Partech's Growth Fund. This development is aimed at supporting QPLIX's ambitious global expansion plans. With this considerable
The recent DevCon 2024, held at the Queen Sirikit National Convention Center in Bangkok, Thailand, marked a significant milestone for the Ethereum and broader blockchain community. This influential four-day conference brought together a diverse group of key stakeholders, including solo developers
In the third quarter of 2024, the US RegTech sector presented an intriguing juxtaposition of increasing deal activity against a backdrop of declining funding amounts. The paradoxical nature of the investment landscape reveals the complexities and challenges faced by the sector as it navigates
WealthTech, short for "Wealth Technology," is revolutionizing the wealth management industry. This term denotes the intersection of technology and wealth management, delivering innovative tools and solutions reshaping how individuals and businesses manage their wealth. WealthTech is driving the
Iwoca, a UK-based lender dedicated to small and medium-sized enterprises (SMEs), has secured a substantial £200 million debt funding package from Citi and Waterfall Asset Management. This new investment will empower Iwoca to extend its lending capabilities and support more SMEs across the country.
