Fintech

The digital payments market in Israel is on the verge of a significant transformation, with major changes expected to take effect in the coming year. New and refreshing payment options will allow consumers to pay quickly and easily, saving both time and money. V-Check, a leading Israeli fintech company headed by CEO Kobi Ram, is […]

Growth in the payments industry, which was once characterized by rapid expansion, is now slowing as the shift from cash to digital payments has reached its peak, according to BCG research. The BCG Global Payments Report 2024 found that revenue growth is expected to halve by 2028, with global revenues set to rise at a […]

Smart Money People, the UK’s comprehensive financial services review site, has launched a new cross-industry working group focused on creating better communication for customers in vulnerable situations. Smart Money People says it is launching the working group having recognised that, despite the implementation of the FCA‘s Consumer Duty over a year ago, 81 per cent of customers say […]

G7, the cab company in Europe, is expanding how many payments its French taxi drivers can accept to enhance the travel experience for visitors. Partnering with Alipay+, a suite of cross-border mobile payments and digitalization technology solutions, visitors can now pay for taxis directly using one of 15 international e-wallets. International passengers, especially those from […]

Nurturing local talent and ensuring the Middle East and North Africa (MENA) region continues to be a hub for innovation, Bahrain FinTech Bay (BFB), the fintech ecosystem builder, has launched its MENA Innovation Academy (MENA-IA). The new initiative has been created following a partnership with Reboot Coding Institute (Reboot01), the academic and training institution. This collaboration ensures that the […]

Rerail is the pet project of formmer Anthemis, Speedinvest and Cocoa alum Anthony Danon. The new fund, which is backed by an array of founders and operators, will invest $200-500k at pre-seed/seed into entrepreneurs looking to utilize fintech as a strategic advantage, with a skew to Europe, but also with an eye on global opportunities. […]

Russia is pushing for the creation of a new cross-border payment system for Brics countries as part of a scheme that would help the country to evade financial sanctions and reduce its reliance on the US dollar. A report on the proposal was published ahead of an annual Brics summit that will be held next […]

Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders, eliminating the need to upload documents like photo ID, proof of residency or passport. Set for tests in a number of European markets, Mastercard’s Identity Attribute Verification service leverages new industry standards set by […]

Smart Money People, the UK’s comprehensive financial services review site, has launched a new cross-industry working group focused on creating better communication for customers in vulnerable situations. Smart Money People says it is launching the working group having recognised that, despite the implementation of the FCA‘s Consumer Duty over a year ago, 81 per cent […]

A new study from Mastercard has revealed that affluent customers, particularly in the Australasia region, are more likely to manage their money using various payment methods and careful planning. It found that by optimising their wallets, they aim to capitalise on incentives, live comfortably, and save to leave a legacy. The new study surveyed 29,536 consumers in […]