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Tag: fintech


Invest tech, Markets

FinTech Futures: Top five stories of the week – 3 March 2023

March 3, 2023

Via: FinTech Futures

Intesa Sanpaolo, Italy’s largest banking group, has partnered with tech titan IBM to “future-proof” its IT infrastructure. Intesa says demand for digital services and “increasingly stringent security, compliance and sustainability regulations” have made it necessary for banks to review and […]


InsurTech, Invest tech

Altai Ventures launches $53mn fintech & InsurTech fund

February 27, 2023

Via: Reinsurance News

Altai Ventures, an early-stage venture capital firm has closed a $53 million fintech and InsurTech fund. Bain Capital Ventures, Century Equity Partners invested in the fund alongside a number of limited partners across P&C insurance, life insurance and retirement, insurance […]


Blockchain, Crypto, Invest tech, RegTech

Canada’s securities regulator tightens rules for crypto exchanges

February 23, 2023

Via: FinTech Futures

When registering with the CSA, it says crypto exchanges must have enhanced protections for the custody and segregation of crypto assets for Canadian clients and a prohibition on offering margin, credit or other forms of leverage. Platforms are also prohibited […]


Banking Tech, Digital Lending and Credit

Buy now, worry about it later: the future of BNPL

February 22, 2023

Via: FinTech Futures

BNPL offers a lifeline for some and flexibility for others, and there is an argument that it broadens financial inclusion. Research conducted by Divido in February 2023 suggests that almost three fifths of British consumers (58%) believe point-of-sale (POS) financing […]


Blockchain, Crypto

Turkish nonprofits raise millions of dollars in Crypto for earthquake response

February 8, 2023

Via: Fintech News

Nonprofit organizations new to cryptocurrency are leading an effort to raise millions of dollars in crypto to aid victims of the region’s major earthquake. Turkish singer Haluk Levent’s charity Ahbap is leading the response with roughly $2 million in crypto […]


Banking Tech, Digital Lending and Credit

Aussie BNPL fintech Openpay enters receivership

February 7, 2023

Via: FinTech Futures

In an announcement to the Australian Stock Exchange (ASX), the firm says it will “work closely with Openpay’s employees, merchants and customers to urgently determine the appropriate strategy for the business”. It adds customers are currently no longer able to […]


Invest tech, RegTech

FCA Appoints Fintech & Regtech Advisors to Speed Up Innovation

February 6, 2023

Via: The Fintech Times

The UK’s financial regulatory body has appointed seven advisors to a new Innovation Advisory Group (IAG) which will meet for the first time this month. The IAG will also alert the FCA on key issues in financial technology and regulation […]


Paytech, Retail

New Zealand accounting fintech Hnry bags $24.5m in Series B funding

January 31, 2023

Via: FinTech Futures

The round also saw participation from Athletic Ventures, Left Lane Capital, Icehouse Ventures and Notion co-founder and chief operating officer (COO) Akshay Kothari. Founded in 2016 and based in Wellington, Hnry provides invoicing, tax, insurance and compliance services to self-employed […]


Banking Tech, Mobile Banking

Mastercard: How Cloud Technology Is Revolutionising the Payments Landscape

January 25, 2023

Via: The Fintech Times

How cloud technology is revolutionising the payments landscape In the last decade, we’ve seen a huge rise in the number of markets looking to modernise their payment systems. Consumers and businesses alike want access to smooth, real-time and secure payments, […]


Mobile payments, Paytech

German fintech ryd partners with Aral for mobile payments

January 17, 2023

Via: ThePaypers

Germany-based fintech company ryd, the operator of a B2C network for petrol station mobile payment has announced partnering with Aral to enable mobile payments at around 1800 Aral petrol stations. Aral customers can use it to pay for fuel nationwide […]


Invest tech, Trading

Robinhood reveals that it will discontinue support for Bitcoin SV

January 13, 2023

Via: ThePaypers

US-based retail trading app Robinhood has issued a warning that it plans to halt support for Bitcoin SV and plans to remove it from the platform. Robinhood plans to discontinue its support for Bitcoin SV on 25 January 2023, and […]


Invest tech, Markets

The ‘Elon Effect’ shows how opinion leaders shape the FinTech market

January 9, 2023

Via: Cointelegraph

The power that influencers have in affecting public perception and therefore causing alterations in the value of a product, service, asset or currency has increased to the point where they can crash or uplift entire markets with their content and […]


Invest tech, WealthTech

Why Bitcoin is the ultimate wealth preservation technology

January 5, 2023

Via: Fintech News

Evolutionary psychologists believe that the ability to preserve wealth gave modern humans the decisive edge in evolutionary competition with other humans. Nick Szabo included an interesting anecdote in his essay “Shelling Out: The Origins of Money.” When Homo sapiens sapiens […]


Paytech, Wholesale

What New Zealand can learn about open banking from countries already doing it

January 2, 2023

Via: Fintech News

Traditional banks in New Zealand have long served as gatekeepers of customers’ data. This is about to change with the arrival of what’s called “open banking”, set to arrive in New Zealand by 2024. In essence, open banking is where […]


Editorial

4 Emerging Technologies That Will Transform the FinTech Industry

December 29, 2022

Via: Sandra Ferguson

As the world moves toward a cashless future, the FinTech sector is rapidly expanding. It’s changing the way we bank, shop, and invest. At the 2022 FinTech Festival Singapore, financial experts from across the world discussed how this transition will […]


Editorial

Why are Investors Interested in FinTech?

December 27, 2022

Via: Sandra Ferguson

FinTech companies are attracting a lot of interest from investors these days. This is because these companies have numerous advantages over traditional financial institutions. Players like PayPal, Square, and Stripe have made it easy for people to do their banking […]


Blockchain, Crypto

What is Web3? The term often confused with crypto, NFTs and the metaverse is getting popular

December 22, 2022

Via: Fintech News

The reputation of Web3 has taken a beating after the collapse of the cryptocurrency exchange FTX, but the term is used to encompass a lot more than just crypto tokens. Depending on who you ask these days, Web3 is either […]


Invest tech, Markets

Bitcoin to explode fast after overcoming major resistance, says popular Crypto strategist

December 19, 2022

Via: Fintech News

A popular crypto analyst is predicting Bitcoin (BTC) will break through a major resistance and go on an explosive rally. In a new YouTube strategy session, crypto trader Michaël van de Poppe tells his 164,000 subscribers that Bitcoin is on […]


Blockchain, Crypto

Africa was Fastest-Growing Region for Binance in 2022 Review

December 9, 2022

Via: The Fintech Times

Binance reveals that it has recorded a significant increase in those using Binance Pay across Africa. The cross-border crypto payment solution aims to increase financial inclusion and accessibility across the continent. The crypto and blockchain company also released the Binance […]


Banking Tech, LendTech

Keeping faith in net-zero banking in 2023 and beyond

December 6, 2022

Via: FinTech Futures

Severe summer droughts, extreme storms and much more have shown how new weather patterns threaten us. However, the energy crisis caused by the war in Ukraine has made energy security even more of an issue than sustainability, and the poor […]