The digital payment landscape is undergoing a seismic shift, fueled by rapid technological advancements and evolving consumer preferences. According to the "Digital Payment Research Report 2024," the global market is projected to grow from $8.97 trillion in 2023 to an astonishing $28.16 trillion by
In the rapidly evolving landscape of the US FinTech sector, Q2 2024 stood out for its marked reduction in deal activity and funding. The downward trend highlights a cautious approach by investors, emphasizing quality over quantity. Despite fewer transactions, the average deal size saw an uptick,
The regulatory technology (RegTech) market is on a compelling trajectory, poised to expand from $13.2 billion in 2023 to an impressive $65.7 billion by 2032. This growth is spurred by advancements in technology, increasing regulatory complexity, and a rise in digital transactions. As businesses
The intersection of cybersecurity and fintech has become a critical talking point in today’s digital age. With fintech's global surge, understanding how various regions approach cybersecurity to foster fintech growth is essential. A recent study sheds light on this vital relationship, delving into
In a remarkable feat, Zepz, the international money transfer service group known for its robust cross-border payment solutions, announced the successful closing of its Series F equity round, raising an impressive $267 million. The financing round, marked by influential participation from several
In a groundbreaking move, Swift has unveiled plans to initiate live trials of digital asset and currency transactions using its network beginning in 2025. The project aims to seamlessly integrate conventional financial systems with emerging digital and bank-led networks, marking a significant
TechCrunch Disrupt 2024 in San Francisco, set to take place from October 28-30, has generated considerable buzz within the tech and finance arenas. This acclaimed conference dedicates a segment to fintech, showcasing emerging technologies and addressing pressing industry issues. Here's a glimpse
The financial services sector is experiencing a seismic shift, thanks in large part to the integration of artificial intelligence (AI). Once reliant on manual and often cumbersome processes, risk management and assessment have been significantly transformed by AI. This change is not only making
The evolution of technology has significantly impacted various sectors, and the financial industry is no exception. One area that has seen notable improvements due to tech integration is fraud prevention in lending. This article explores how advancements in technology have bolstered fraud
As the fintech industry continues to grow and evolve, the challenges of fraud and identity verification (ID) have become increasingly complex. The need for robust security measures has never been more critical. This article delves into the sophisticated tactics of fraudsters, the importance of
