The financial technology sector, or fintech, has rapidly restructured the fabric of financial services, affecting both businesses and consumers. Central to this evolution is data—specifically, how fintech companies collect, analyze, and transform data into actionable insights. Understanding the s
Embedded Finance is revolutionizing the way consumers interact with financial services by embedding these services directly into non-financial platforms, resulting in seamless user experiences. According to Jovi Overo, Managing Director at Unlimit’s BaaS (Banking as a Service) Division, this b
ConnectID, a leading digital identity verification platform, has announced an exciting expansion to include Lendela, a fintech company that specializes in loan matching. This partnership aims to enhance data security and streamline the loan application process in both Australia and Singapore,
As the financial world continues to evolve, one notable trend has captured the spotlight: multi-banking. Consumers increasingly choose to hold accounts with multiple financial institutions, refraining from fully abandoning traditional banks for digital alternatives. This behavior, dubbed
Personal finance has undergone tremendous evolution in recent years, thanks primarily to innovations in financial technology (fintech). Among these innovations, EMI calculators and tax calculators stand out as game-changers. These digital tools have drastically simplified the way individuals manage
Risk Administration Services, Inc. (RAS) has taken a significant step forward by deciding to integrate the full product suite of CLARA Analytics, a leading AI technology provider for insurance claims optimization. The aim of this collaboration is to significantly boost the efficiency and
The recent collaboration between Consumers Credit Union (CCU) and Lumin Digital marks a transformative step in CCU's evolution. With a focus on enhancing digital banking capabilities, this partnership aligns with CCU's ongoing growth and upcoming merger with Rockford Bell Credit Union.
Binance, one of the largest cryptocurrency exchanges globally, has witnessed significant changes and growth in the past year. At the heart of these transformations are leadership transitions, regulatory compliance efforts, and a notable increase in institutional investor interest. CEO Richard Teng,
In a significant move to bolster its offerings of fintech solutions, CSI, a respected American provider of financial software, has acquired Velocity Solutions, a company well-regarded for its advanced account management and deposit solutions. This acquisition marks a decisive step in CSI's
In the first half of 2024, the regulatory technology (RegTech) sector experienced a notable shift in investment patterns. While the overall number of deals has decreased, the average deal values have surged, reflecting a strategic pivot among investors towards larger, more substantial investments
