Tag: Banking Tech

December 7, 2023

The global market for Call Centers estimated at US$314.5 Billion in the year 2022, is projected to reach a revised size of US$494.7 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030. In-House, one of […]

December 4, 2023

Despite the industry’s constant longing for anything and everything instant, this scenario has struggled to play out in what is still a highly fragmented market. So much so that right now, only around one in 10 of all euro credit […]

December 1, 2023

Now in their 24th year, the awards acknowledge key developments in banking, finance, and technology. This year, we recognised a broad range of organisations, from established players to emerging fintech start-ups. The awards ceremony took place at the 5-star Royal […]

November 30, 2023

Throughout the month, we have focused on the latest payment innovations, upcoming payment trends and the overall future of payments. But now, we turn our attention back to the most well-established forms of payment and money: cash. As the world […]

November 29, 2023

This month, Philip takes an in-depth look at GenAI in financial services. I’ve stayed away from writing a ‘state of play’ piece on generative artificial intelligence (GenAI) due to the sheer pace of change and my concern that any analytical […]

November 17, 2023

Picus Capital, Coatue, Crane Venture Partners, Inkef, and a number of angel investors also participated in the round, with Silverflow claiming its valuation is now “substantially higher” than its Series A in 2021. Launched four years ago, Silverflow operates a […]

November 15, 2023

But for financial institutions of all sizes, there are key challenges and obstacles to success. What are these key challenges and obstacles and how are they overcome? Fintech Futures, with Moneythor, conducted a survey to identify key issues around new […]

November 13, 2023

Specifically, Klarna is expanding its self-service advertising platform, ‘Ads Manager’, in the UK and Sweden. This will enable better engagement between retailers and high-intent shoppers. Then across the pond, Klarna has made ‘Creator Shops’ live in the US, in turn […]

November 10, 2023

Instant payments enable people to transfer money within ten seconds at any time of the day, including outside business hours, not only within the same country but also to another European Union member state. The new instant payment rules will […]

November 9, 2023

The deal, which is thought to be in the final stages of discussions according to Bloomberg, would reportedly value Melio, a B2B payments platform provider for small businesses, at $1.95 billion. This figure is less than half of the paytech’s […]

November 7, 2023

The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend […]

November 3, 2023

During her six-year tenure at the FCA, Fulugunya gained specialist experience in transaction reporting (MiFID II) and instrument reference data regimes as part of its markets reporting team. As well as reviewing errors and emissions, her remit for the regulator […]

November 3, 2023

Amazon Business, a B2B e-commerce procurement platform, will now provide its sole proprietor business customers the option to select Affirm at checkout to pay for eligible goods over time. The platform says that it plans to make the payment option […]

November 2, 2023

Beginning in May 2023, Visa took part in the e-HKD CBDC pilot programme focused on simulating two use cases of interbank B2B payment flows — property payments and acquirer-merchant settlement, each tailored to the Hong Kong market. It also demonstrated […]

November 1, 2023

The equity funding round also saw participation from Bluepool Capital, and existing investors STV, Mubadala Investment Capital, PayPal Ventures and Arbor Ventures. Following the fresh fundraise, Tabby claims it has become the region’s first fintech unicorn, ahead of its planned […]

November 1, 2023

The company didn’t identify a reason for the delay. A Global Payments spokesperson said Wednesday the beta version of the platform launched this quarter, and the full commercial release of the platform will occur in the first quarter of next […]

October 31, 2023

As Paymentology receives Visa Cloud Connect certification from Visa, it is now able to better serve its fintech, banking and telco clients by connecting to the global VCC network. The certification is also in line with its cloud-fist strategy. Increasing […]

October 27, 2023

UK digital bank Monese is parting ways with Thought Machine three years after signing up for its Vault core banking platform, with the company instead implementing new core tech developed in-house by the company’s recently launched fintech subsidiary XYB. Monese […]

October 27, 2023

Squeeze, the fast-growing US tech platform helping consumers manage, evaluate, and save on their recurring insurance contracts, has acquired Youtility, a UK technology start-up who partners with banks and financial technology companies to deliver embedded home finance management services. Youtility’s […]

October 26, 2023

US-based commerce technology provider Payoneer has partnered with Etsy to support the latter’s expansion into emerging markets and simplify payments. Through this collaboration, Etsy can streamline payments to sellers and help develop economic opportunities for more entrepreneurs in emerging markets. […]