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Tag: Banking Tech


Mobile Banking, PayTech

E-commerce Growth Surges Across Latin America, With Further 25% Growth by 2027; Predicts PayU

September 20, 2023

Via: The Fintech Times

Having already seen significant growth in the region, PayU GPO predicts further growth across LatAm – and suggests its e-commerce market could grow by 25 per cent in volume across the likes of Argentina, Brazil, Chile, Colombia, Mexico, and Peru […]


Mobile payments, Paytech

Revolut Business Tackles Business Payment Facilitation Struggles with RevTag

September 19, 2023

Via: The Fintech Times

The complications that arise when needing to enter IBANs or other beneficiary details are all removed with RevTag. In lieu of them, individuals or businesses only need to enter the RevTag of the recipient in the Revolut Business app. Over […]


Banking Tech, Mobile Banking

Engagement banking

September 8, 2023

Via: FinTech Futures

Essentially, its goal is to make you a healthier person. Following the programme should have many benefits ranging from, but not limited to, better sleep, better cognitive awareness, better health and increased energy. It starts by measuring your blood glucose […]


Banking Tech, Mobile Banking

Payments giant Mastercard to end crypto card partnership with Binance

August 29, 2023

Via: FinTech Futures

The spokesperson adds that this timeline provides cardholders with a “wind-down period” to convert holdings in their Binance wallets, and that there is “no impact” on any other crypto programme. Binance’s customer support team wrote on X last week: “The […]


Invest tech, Trading

One catalyst could trigger Bitcoin to explode by more than 450%

August 22, 2023

Via: Fintech News

Fundstrat Global Advisors managing partner Tom Lee says one catalyst could spur Bitcoin (BTC) to hit a six-figure price. In a new CNBC interview, Lee says that demand for Bitcoin could skyrocket if and when a spot Bitcoin exchange-traded fund […]


Banking Tech, Digital Lending and Credit

Koverly Adds BNPL Feature to Roster of Payment Services for US Businesses

August 22, 2023

Via: The Fintech Times

The BNPL feature adds another way Koverly is helping businesses pay each other. This is in addition to reduced foreign exchange rates (up to 50 per cent less) and no wire transfer fees (enabling firms to save up to $40 […]


Banking Tech, Mobile Banking

Modulus Launches Investment Platform to Support Entrepreneurs During VC Funding ‘Slowdown’

August 21, 2023

Via: The Fintech Times

With the launch, Modulus aims to enable operators to launch their own investment platforms, further driving grassroots investment opportunities. The firm, which powers global equities, derivatives, and asset exchanges; Fortune 500 firms; government agencies and laboratories; and leading research universities, […]


Paytech, Retail

Consumer spending rose 4% in July: Fiserv

August 16, 2023

Via: Payments Dive

Fiserv’s findings align somewhat with the U.S. Department of Commerce’s analysis released Tuesday. Excluding food, auto and fuel purchases, overall retail sales rose 5% in July year-over-year. The federal department also reported an 8% decline in furniture and home-related purchases. […]


Banking Tech, Mobile Banking

First-Party Fraud Growing Threat: Visa Reveals Over 9 in 10 Businesses Are Impacted

August 11, 2023

Via: The Fintech Times

First-party fraud can appear in a variety of different ways. In the financial sphere, it can look like someone applying for a loan, knowing they won’t pay it back or filing a false chargeback claim. However, it is not limited […]


Invest tech, Markets

Naga integrates Rezolve AI into its social trading platform

August 9, 2023

Via: FinTech Futures

The partnership will integrate Brain, Rezolve’s AI platform, into Naga’s social trading app, Naga Trader, which allows users to invest in currencies, stocks, ETFs, commodities, crypto and other forms of assets. The integration is also set to extend to Naga’s […]


Mobile payments, Paytech

Payoneer acquires AI-powered data platform Spott to streamline decision-making

August 4, 2023

Via: FinTech Futures

Founded in 2020 and based in Tel Aviv, Spott leverages artificial intelligence (AI) and machine learning (ML) to sift through large datasets and provide quantifiable results to help businesses make more informed and faster decisions. Payoneer says the start-up’s capabilities […]


InsurTech, Invest tech

InsurTech sector sees shift in investment focus as (re)insurers lead Q2 funding: Gallagher Re

August 3, 2023

Via: Reinsurance News

The global InsurTech sector witnessed a substantial decline in new funding during the second quarter of 2023, amounting to $916.71 million, marking a 34.0% drop from the impressive $1.39 billion recorded in the preceding quarter, according to the latest findings […]


Banking Tech, Mobile Banking

Biometrics integrations look to the future of account access, money, and digital ID

August 1, 2023

Via: Fintech News

IBM has won a major contract worth $84.4 million with the UK government to help build a platform for immigration and law enforcement authorities to match fingerprint and face biometrics. The tender is part of a Home Office program expected […]


InsurTech, Invest tech

Insurance veterans form brand new Insurtech, Modives

July 28, 2023

Via: Reinsurance News

Five insurance industry veterans have formed Modives, a new venture which automates insurance verification for property managers and auto dealers. CEO and Co-Founder Frederick Waite, a veteran entrepreneur, has assembled a team with varied insurance industry experience to launch his […]


Invest tech, Trading

US Senate approves national defense bill that also targets crypto mixers

July 28, 2023

Via: Cointelegraph

The United States Senate passed the 2024 National Defense Authorization Act (NDAA) worth $886 billion on July 27. The bill includes a provision targeting crypto mixers, anonymity-enhancing coins and institutions engaging in crypto trading. The NDAA is a bill that […]


Banking Tech, Digital Lending and Credit

Upgrade acquires travel-focused BNPL startup Uplift for a song

July 27, 2023

Via: TechCrunch

Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it’s agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. It’s likely not the exit Uplift […]


Banking Tech, Mobile Banking

Access PaySuite: Curbing Cart Abandonment with Seamless Payment Systems

July 27, 2023

Via: The Fintech Times

The turbulent economic climate spawned by ongoing global events has certainly kept online retailers on their toes in recent years. From Covid-19 to the cost of living crisis, household budgets have fluctuated and discretionary spending has been particularly vulnerable to […]


Blockchain, Crypto

Bank of Italy innovation hub supports research into security tokens on secondary markets

July 26, 2023

Via: Cointelegraph

The Bank of Italy’s Milano Hub innovation center will provide support for a project developed by Cetif Advisory to research a security token ecosystem for institutional decentralized finance (DeFi). The project has no “commercialisation purpose” but will extend “the scope […]


Banking Tech, Mobile Banking

Bitget surpasses 20M users as wallet integration spurs trading volumes

July 25, 2023

Via: Cointelegraph

Seychelles-based cryptocurrency derivatives exchange Bitget has seen prolific growth in key metrics through the first half of 2023, driven by the integration of a recently acquired self-custodial wallet service. Bitget is currently undergoing a rebranding initiative following its acquisition of […]


Banking Tech, Mobile Banking

Finture offers digital banking services in Southeast Asia

July 24, 2023

Via: ThePaypers

Indonesia-based Finture has released its digital banking and credit card services in Southeast Asia, for the development of Japanese companies in new markets. Following this announcement, the start-up company aimed to launch its digital banking and credit settlement products on […]