The journey of Banking-as-a-Service (BaaS) spans over three decades, tracing back to a time when banking was largely an in-house affair, with financial institutions tightly gripping the reins of their services and infrastructure. From the clunky, monolithic banking systems that operated in silos,
Decentralized Finance (DeFi) has rapidly emerged as one of the most transformative innovations in the financial sector. By eliminating intermediaries and enabling peer-to-peer financial transactions, DeFi offers a more transparent, inclusive, and efficient alternative to traditional finance. As we
This week's top fintech news highlights significant developments from industry leaders such as Airwallex, Melio, BNZ, Standard Chartered, and Marygold & Co UK, showcasing their innovative approaches to driving growth through strategic investments and partnerships. Airwallex, a prominent
The evolution of cryptocurrency wallets has seen a significant shift from traditional self-custodial wallets to smart contract wallets. This transition is driven by the need to address the security and usability challenges that have long plagued traditional wallet designs. By integrating advanced
In a significant move to bolster its compliance and streamline its payment processes, South Africa's Standard Bank has aligned itself with Volante Technologies, adopting Volante's cloud-native Payments-as-a-Service (PaaS) and pre-processing solutions to enhance its operations. This
The Global Open Banking market is on the brink of a substantial expansion, with projections indicating a rise from USD 35.4 billion in 2024 to a significantly higher value by 2032. This growth is driven by the secure sharing of financial data through APIs (Application Programming Interfaces), which
The world of blockchain technology and decentralized finance (DeFi) is experiencing significant advancements, with Ethereum, Chainlink, and BlockDAG leading the charge. These developments are not just incremental improvements but transformative shifts poised to redefine the future landscape of
The crowdlending market in Europe is on the verge of a transformation with the advent of blockchain technology, and 8lends is positioned at the forefront of this revolution. By integrating blockchain into peer-to-peer (P2P) lending, 8lends aims to significantly enhance transparency, reduce costs,
The landscape of finance operations is undergoing a significant transformation, driven by advancements in automation, artificial intelligence (AI), and digital tools. However, the journey towards fully automated finance processes is fraught with challenges. This article delves into the barriers,
The UK's data protection regulator has recently emphasized the critical need for organizations to share customers' personal data in a responsible manner to address the escalating fraud crisis. According to official statistics, fraud has now become the most prevalent crime in England and
