Fintech

Global bank partners with Quantinuum to shield digital assets from quantum threats, enhancing security for institutional and retail investors in fintech se HSBC, the multinational banking and financial services organisation, has successfully trialled quantum-secure technology for trading tokenised physical gold. This development marks a significant advancement in protecting digital assets against future quantum computing attacks, […]

Founded in 2021, New York-based Chaos Labs offers a suite of on-chain risk management tools for decentralised finance (DeFi). The startup’s recently launched Edge decentralised oracle protocol, has already secured a $30 billion over the last two months and has been adopted by exchanges such as Jupiter, the top perpetuals exchange on Solana. PayPal launched […]

According to Bloomberg, the retail giant is tapping into Fiserv’s NOW Network, which integrates with The Clearing House’s Real Time Payments network and the Federal Reserve’s FedNow. The feature – coming next year – provides shoppers with an alternative to the card networks, which Walmart and other retailers have long been in conflict with over […]

Visa plans to increase the number of businesses accepting digital payments in Pakistan tenfold over the next three years, the payments giant’s general manager for Pakistan, North Africa and Levant told Reuters. The comments from Leila Serhan came as Visa announced a strategic partnership with 1Link, Pakistan’s largest payment service provider, aimed at streamlining remittances […]

Singapore’s dtcpay is teaming up with Visa on a card that enables ultra high net worth individuals to convert their digital currencies such as stablecoins into fiat at real-time rates. Dtcpay says the partnership will help bridge the gap between traditional payments and digital currencies, enabling merchants to accept payments from a growing segment of […]

Crypto.com has secured full approval from the Central Bank of Bahrain to operate as a payment service provider (PSP) through its local subsidiary. This approval enables Crypto.com to expand its payment services in the region, including e-money offerings as well as the introduction of its prepaid cards. Bahrain’s Minister of Sustainable Development, H.E. Noor bint Ali Alkhulaif, welcomed the company’s […]

2024 is proving another standout year for the regulatory space, finding itself under the spotlight, for better and worse reasons. This month, The Fintech Times will look at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the fintech world fairer […]

AutoRek, the Glasgow-based reconciliation and financial data management platform, has partnered with Capgemini, the consulting and digital transformation firm, to ensure it remains ahead of reporting requirements for clients as well as complying with regulatory changes. AutoRek is aiming to strengthen its finance operations team and controls for big players across asset management, payments, banking […]

Rapid technological advancements and regulatory shifts are hindering operational efficiencies in the fintech sector according to research by Future Finance, the financial services supporting body. Looking to drive innovation in the face of these challenges, Future Finance is leading a new initiative. In this programme, Future Finance will support businesses with the skills and insight […]

The UK’s Department for Business and Trade has revealed that venture capital fund managers who have signed up to the government’s ‘Investing in Women Code’ are more likely to invest in female founders. Just shy of a third (32 per cent) of all venture capital deals made by Investing in Women Code signatories were in female-founded companies […]