In a year marked by technological advancements and strategic investments, 2024 saw CloudWalk, Inc., the fintech giant behind InfinitePay and JIM.com, achieve tremendous revenue growth and net income. The company's revenue soared to an impressive US$497 million, reflecting a 67% increase from
Yavrio, a London-based Open Banking fintech, has secured $2.4 million in seed funding to advance its mission of revolutionizing the enterprise resource planning (ERP) landscape. By eliminating the reliance on outdated and insecure CSV file imports, Yavrio aims to enhance efficiency, security, and
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
As traditional forms of payment such as physical wallets and checks rapidly decline, digital wallets like Apple Pay and Google Pay are emerging as the preferred method for many consumers, reflecting broader changes in how people manage money and shop. The transformative impact that digital wallets
Open Banking, introduced in the UK in 2018 as part of the Revised Payment Services Directive (PSD2), has revolutionized financial transactions. By allowing secure and easy sharing of bank account data, it reduces dependency on traditional payment methods and enhances overall transaction efficiency.
The financial industry is currently grappling with a significant and unprecedented challenge: the rapid advancement of deepfake fraud technology. With the swift evolution of AI capabilities, fraudsters are now able to create hyper-realistic fabricated images, videos, and audio, bypassing
