Fintech

In many emerging markets, super apps are transforming how people access essential services. These multifunctional platforms, offering everything from transportation to financial services within a single ecosystem, are redefining daily life. At Gitex Dubai 2024, Mark Walker, the editorial director of The Fintech Times, sat down with Stephen Kruger, the chief technology and product officer of ride-hailing giant inDrive, to […]

As artificial intelligence continues to redefine industries, few regions are embracing its potential as rapidly as the UAE and the Gulf Cooperation Council (GCC). Known for their ambitious digital transformation goals, these nations are at the forefront of integrating AI across sectors, from finance and healthcare to smart cities and public services. But while the […]

As sustainability and ESG (environmental, social and governance) concerns rise in importance, the digital banking sector is not immune to the shift. Regulatory pressures and growing consumer demand for responsible practices are driving the strategic direction of digital banking, with sustainability and ESG commitments playing a central role. But just how central are these values […]

There is a rising indifference to agency banks among fintechs, according to ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, which has released research into the attitudes of fintechs towards agency banks, with worrying implications for long-term relationships. The ClearBank report, ‘How well are fintechs served by banks? The state of agency banking […]

Organisations exploring the open banking sector and smart data ecosystems could come across hurdles when looking to implement new technologies. Looking to offer help, Raidiam, the data-sharing fintech which delivered the first Trust Framework for Open Banking in the UK, has launched a new service: Raidiam Advise. Raidiam Advise provides consultancy and expertise based on global […]

Reetika Grewal, head of digital, commercial bank and corporate and investment bank, Wells Fargo, and Sarah Lamont, investor, F-Prime Capital, joined Nikhil Lele, banking and capital markets, EY, to discuss the uptake of AI and progress in back office use cases, the importance of partnerships and user-centred design and the rebound of fintech valuations post-2022. […]

Reuters reports Wise said access to the system will allow it to bypass intermediary banks that process and settle funds in Japan, lowering fees and processing times. If Wise does as it aims, this could increase pressure and competition within the Japanese payments market. According to World Bank data, the cost of remittances in Japan is the […]

This move marks the modernisation of Kenya’s national payment systems, and will bring with it numerous benefits for the speed, security, efficiency, and convenience of payments for financial institutions in the country. The standardisation that ISO20022 brings with it will boost KEPSS into processing international transactions and improving liquidity management. KEPSS is Kenya’s Real-Time Gross […]

According to a recent study, there is no single touchpoint to reach Gen Z, although a significant 86 per cent of the generation believe that cashback and loyalty rewards play an important role when making a purchase. These findings, based on the ZBD ‘Gen Z Payments Study‘, a survey of over 2,000 18 to 27-year-olds in the […]

PLAY, a platform integrating Web3 technologies into gaming, has partnered with TapNation, in a move hoping to bring mobile games to the forefront of the Web3 movement. Through the new partnership, PLAY plans to expand its ecosystem by integrating blockchain features into popular TapNation mobile games. With 60 million monthly active users and 1.4 billion […]