he financial services (FS) industry is going through a period of profound change and disruption. Technology provides the means for firms to reimagine the way in which they operate and interact with their customers, suppliers, and employees. One particularly significant area of development is the utilisation of artificial intelligence (AI) and machine learning (ML). The […]
Category: Global Fintech News
Facebook and Paypal Invests in Gojek to Join its Bid to Boost Digital PaymentsFacebook and Paypal Invests in Gojek to Join its Bid to Boost Digital Payments
Gojek announced today that Facebook and PayPal have joined Google, Tencent and others as investors in its current fundraise. This new investment will support Gojek’s mission to boost Southeast Asia’s digital economy, with a focus on supporting payments and financial services in the region. With digital payments adoption primed to accelerate exponentially, the resources of […]
The Future of FinTech in a Post-Pandemic WorldThe Future of FinTech in a Post-Pandemic World
With the emergence of the COVID-19 pandemic over the last few months—and the dramatic, adverse effects it has had on the economy, businesses across the globe are worrying about their future. Some of these businesses and, in fact, their entire industries, have begun to see that this pandemic and its economic impact is not an […]
Two sides of the same coin: Financial and digital inclusionTwo sides of the same coin: Financial and digital inclusion
The issue of how to tackle financial inclusion has long been a part of the conversation in banking and financial services circles. Regulations have led to the UK’s biggest banks having to provide ‘basic bank accounts’ to cater for those who do not qualify for regular current account products. Many fintech and prepaid players have […]
Twenty Over Ten Named Leading FinTech Company in Global WealthTech 100 ListTwenty Over Ten Named Leading FinTech Company in Global WealthTech 100 List
STATE COLLEGE, Pa: Twenty Over Ten, an industry-leading SaaS company, was named to the WealthTech 100 list, an annual list of 100 of the world’s most innovative WealthTech companies. Selected by a panel of industry experts and analysts (who reviewed over 1,200 FinTech companies) the list was put together to help senior management and investment […]
Razer Fintech and Google Partners for Offline PaymentsRazer Fintech and Google Partners for Offline Payments
azer Fintech has announced that Google Play Store consumers can make offline-to-online (O2O) payments through its Razer Cash solution. With Razer Cash, Google Play Store customers can have the added option of purchasing Google Play in-app items and topping up of Google Play credits by paying cash at offline acceptance points. This O2O solution especially […]
GOOGLE CREEPING INTO FINTECH: PROBLEMS?GOOGLE CREEPING INTO FINTECH: PROBLEMS?
Google wants to become a payment vendor and offer a checking account, debit card, and also offer a tool for using the (USA) paycheck protection program. Given Google’s already deep and wide reach into other areas of our digital lives, Is this going to be a privacy problem? Before there were privacy villains like Facebook, […]
How Past Lessons in Digital Payments Can Help Banks Navigate in the New NormalHow Past Lessons in Digital Payments Can Help Banks Navigate in the New Normal
The past couple of decades have seen a complete upheaval in where we buy things and how we pay for them. New technologies have led to huge shifts in consumer behavior and expectation, while businesses have benefitted from faster and more efficient processes. Today, with physical businesses closed and much of the world’s population still […]
How will the digital twin change banking?How will the digital twin change banking?
Modern life relies on the functioning of data centres; from bringing Netflix to our homes to powering our Google searches. One of the latest additions to cloud-first existence is the digital-only bank, and it’s taking the world by storm. In fact, the latest Accenture Digital Banking Tracker shows digital lenders gained over six million new customers in […]
8 Key Trends Changing the Banking Landscape8 Key Trends Changing the Banking Landscape
To remain relevant, banks will have to embrace emerging technologies, become flexible to adopt evolving business models, and put customers at the center of every strategy, according to Deloitte. In a Perspectives piece, the consultancy firm outlines eight main tech trends it believes will shape how banks will look like by 2030. Eight key trends changing […]