The "Financial Infrastructure Transformation Programme" launched by the Central Bank of the United Arab Emirates (CBUAE) nearly two years ago is currently "85 percent" complete, as announced by the authority this week. This multi-faceted plan aims to spearhead the digital
Qomodo, a burgeoning Italian fintech company specializing in digital payment solutions, including the increasingly popular buy now pay later (BNPL) formula, has recently secured further investment, marking significant progress 12 months post-commercial launch. Initially building up momentum with a
The integration of advanced technology with financial acumen underpins the revolutionary transformation known as financial technology, or fintech, which is reshaping the global economy. At the core of this evolution is fintech software development, which aims to democratize access to financial
As we transition into 2025, the fintech industry's momentum shows no signs of slowing down. The year 2024 was a period of significant transformation, with fintechs continuing to challenge traditional financial services through advancements in technology, analytics, and risk management. This
The European Central Bank (ECB) has recently taken a significant step by choosing the Spanish fintech company Monei to participate in the testing of the digital euro infrastructure. This move is seen as a crucial advancement towards the potential introduction of a central bank digital currency
Moniepoint, a rapidly growing fintech leader based in Africa, has recently established a landmark partnership with Visa, a global leader in payment technology. This strategic alliance involves Visa making a significant investment in Moniepoint, aiming to bolster the adoption and infrastructure of
