Fintech

The rise of digital platforms has significantly altered the landscape of property investment, offering tools and insights that were once unimaginable. As technology continues to advance, these platforms are becoming indispensable for investors seeking to streamline their research, make informed decisions, and execute purchases with greater efficiency. To explore this transformation, we asked industry experts […]

HSBC UK has joined the Open Property Data Association (OPDA) to enhance the homebuying process by improving the sharing of digital property information across the mortgage market. This move aligns HSBC with other major lenders including Nationwide and Lloyds Banking Group, signalling growing momentum towards more transparent and customer-centric homebuying experiences. The OPDA has been advocating for the digitisation of property data […]

TerraPay has formed a new initiative to enhance how wallets interact globally. Dubbed the “Wallet Interoperability Council,” this collaboration brings together five digital wallet operators to make international money transfers more accessible globally. Global Wallet Interoperability The Wallet Interoperability Council, spearheaded by TerraPay, includes key players like Airtel, bKash, MPESA, Nequi, and Sama Money. These […]

The BRICS nations continue to make progress on the road towards de-dollarization as Valentina Matviyenko, the Speaker of Russia’s Federation Council, recently announced that the trading bloc has made significant progress on the BRICS digital payment platform as part of their efforts to revolutionize global financial transactions. “The creation of the independent financial payment platform […]

Digital payment wallets have exploded in recent years and are expected to reach 5.2 billion users globally by 2026. But despite the popularity of quick payments offered by ApplePay, GPay, and PayPal, a new study is questioning their security and warning that changes in authentication methods are necessary to avoid identity theft and fraud. Researchers […]

Dutch banking group ABN Amro has gone live with technology from cloud banking tech provider nCino and Norwegian software vendor Commercial Banking Applications AS (CBA) to accelerate its digital transformation and strengthen its trade finance transaction monitoring. ABN Amro has gone live on the nCino cloud banking platform to streamline its corporate lending operations and […]

Amount, a US-based digital origination and decisioning Software-as-a-Service (SaaS) platform, has bagged $30 million in its latest equity funding round. The round saw participation from several existing backers including Hanaco Ventures, Growth Investing at Goldman Sachs, WestCap, and QED Investors. Moreover, Curql, a coalition of credit unions investing jointly in fintech, has become a new […]

US payments giant Mastercard has confirmed it plans to cut around 3% of its full-time global workforce – around 1,000 employees – as a result of recently announced “organisational changes”. In April, the company revealed its plans to realign its organisational structure into three interdependent units: Core Payments, Commercial and New Payment Flows, and Services. […]

PayPal has been a major force in digital payments since its debut in 1998, leading the charge in online financial interactions. However, the digital payment sector is continually evolving, giving rise to a myriad of alternatives. These include Venmo, Wise, Payoneer, Zelle, and more. These contenders specialize in various areas, offering tailored experiences to meet […]

Persistence should be rewarded. But when it comes to the long-standing persistence of both buyers and suppliers relying on checks for their B2B payments, there is no reward — only lost opportunity. While checks may be familiar to traditional businesses happy enough with the way things have always worked, they also carry with them significant inefficiencies and […]