Women hold less than a third of C-suite roles in banking. Amanda Swoverland makes the case that diverse leadership isn't a fairness argument — it's a governance one.
About Banking
The banking sector uses fintech to become more efficient and increase its client base. But banks and fintech companies are not always partners.
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Recent Articles Tagged With Banking
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The Need for More Diverse Leadership in Banking - Women's History Month -
KBC Becomes the First Belgian Bank to Offer Regulated Crypto Trading. It Chose a Swiss Custody Partner to Make It Happen.KBC, Belgium's largest bank-insurance group, has launched regulated Bitcoin and Ether trading through its Bolero brokerage platform, with Taurus handling institutional custody under MiCAR.
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The Banks Are Winning One Battle. Here Is What That Means for the Other.The CLARITY Act is stalled in the Senate. Banks rejected the White House's own compromise on March 5. At the same time, crypto firms are rushing to get OCC trust bank charters. These two stories are the same story.
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How Neobanks Are Changing the Way We Use Credit and Debit CardsNeobanks are redefining credit and debit card usage through AI, automation, and real-time controls. This analysis explores how digital banking is changing security, underwriting, and spending behavior.
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Barclays Takes Minority Stake in United Fintech Amid Rising Interest in Shared Technology PlatformsBarclays has acquired a minority stake in United Fintech, joining four other global banks as shareholders. The move highlights growing demand for shared technology platforms that give financial institutions structured access to fintech solutions.
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To Drive AI Adoption in Banking, You Need to Understand Your Employees’ SkillsBanks are investing heavily in AI, but many still struggle to scale it. Understanding and verifying employee skills is becoming central to turning AI investment into real operational value.
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Fintech Providers: Stop Harboring Community Banks’ Customer DataCommunity banks rely on data to survive in the digital age. Why some fintechs blocking access could stall their growth for good.
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Why Mainframes Still Matter in Banking’s Digital Era – Interview with Jennifer NelsonDespite the rush to cloud, mainframes continue to power global finance. Jennifer Nelson explains why modernization requires balance, not abandonment.
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The Quiet Cloud Revolution Powering the Next Generation of Digital BanksDiscover how cloud hosting powers digital banks and fintechs, driving scale, compliance, security, and faster innovation worldwide.
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From Legacy to Innovation: The Ongoing Transformation of Banking through TechnologyAs banks evolve from legacy systems to modern tech, Leena Kallakuri explores the strategic steps reshaping the future of digital banking.
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Revolut Faces Delays in UK Banking License MobilisationRevolut risks missing a key milestone in its UK banking license process, raising concerns over regulatory delays amid global expansion efforts.
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Circle Seeks National Trust Bank StatusCircle files an application to create a national trust bank, a move that would allow it to custody reserves and crypto assets directly.
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Revolut Moves to Enter Argentina’s Banking Sector with Planned Acquisition of Banco CetelemRevolut plans to acquire Argentina’s Banco Cetelem, marking its first major step into South America. The deal could grant the fintech a banking licence as it expands amid Argentina’s financial reforms.
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AFS Reports Zero Fraud Losses for Bank Clients Over Past YearArab Financial Services reports zero fraud losses among its bank clients, crediting AI-driven tools and real-time monitoring for secure fintech operations.
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Metro Bank Faces Potential Buyout as Pollen Street Circles: What It Means for the Future of UK MarketsMetro Bank may go private after being approached by private equity firm Pollen Street. The potential buyout raises concerns about London's competitiveness as a financial hub.
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European Banks Brace for Liquidity Pressures Ahead of SEPA Instant DeadlineEuropean banks face rising liquidity costs and compliance hurdles as SEPA Instant Payments regulation becomes mandatory in October 2025.
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Crédit Coopératif in Talks to Acquire Anytime in Bid to Expand Digital Services for AssociationsCrédit Coopératif and Orange Bank enter exclusive discussions over the potential sale of fintech platform Anytime, focused on nonprofit clients.
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Big Banks Consider Joint Stablecoin to Counter Growing Crypto CompetitionMajor U.S. banks are in early talks to issue a joint stablecoin, a move aimed at retaining control of payments amid rising crypto and fintech pressure.
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Bank Charters Under the Trump Administration: A More Welcoming Path for Fintech?How Trump-era regulatory shifts shaped fintech’s approach to national and state bank charters—and what that means for the future of financial innovation.
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Robinhood Expands Into Banking With Cash Delivery and 4% APY for Gold MembersRobinhood announces new online banking services with 4% APY, FDIC pass-through insurance, and physical cash delivery—available to Gold subscribers in fall 2025.
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MiCAR is Allowing German Banks to Explore Crypto AssetsWith MiCAR coming into full effect and BaFin now officially designated as the local regulator, German banks can confidently begin exploring opportunities in digital assets. There is pent-up demand from institutional and retail customers. The question is where and how to play as an established bank.
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AlHuda CIBE and Autosoft Dynamics inked to Promote End-to-end Islamic Banking Suite -
How to Prevent Biometrics Hacking in Banking AppsDiscover how to prevent biometric hacking in banking apps with advanced security measures. Learn about encryption, AI-powered fraud detection, liveness detection, and decentralized data storage to protect user credentials and enhance fintech security.
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The Fall of Banks? How Fintechs Are Reshaping Finance - FTW Sunday EditorialExplore the evolving battle between traditional banks and challenger banks. Discover how fintech innovation, government reliance, and digital disruption are reshaping the future of global finance.
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Data capture in banking: Navigating the digital revolutionAI-powered data capture is revolutionizing banking, from mobile check deposits to instant customer onboarding. As automation reshapes financial services, banks must navigate the critical balance of innovation and security.
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India's Digital Rupee Gains Momentum with Fintech IntegrationIndia's Digital Rupee, introduced by the Reserve Bank of India (RBI) in December 2022, gains momentum. Cred has become the first fintech to offer access to the e-rupee, aiming to streamline transactions and boost usage among creditworthy individuals.
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ECB Cuts Interest Rates as Inflation PersistsFrankfurt, January 30, 2025 – The European Central Bank (ECB) has moved to cut interest rates, adjusting its monetary stance in response to persistent inflationary pressure. The decision, announced Thursday, marks the first rate cut in over a year, lowering the deposit facility rate to 2.75% and the main refinancing rate to 2.90%.
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AI’s Golden Handshake with Banking: Redefining Trust and TransformationAI is transforming banking with hyper-personalized services, proactive fraud prevention, and enhanced efficiency. This article explores its potential, ethical challenges, and the balance between innovation and human expertise for a trust-driven future in finance.
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No Shortcuts: Banking as a Service (BaaS) Requires Investment, CommitmentWith financial technology (fintech) companies growing in number, scale and market share, banks have faced a choice in recent years of whether to view them solely as competitors or to partner with them in a mutually beneficial manner.
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How to Check and Monitor Your CIBIL Score for a Good RangeIn today's world, maintaining a healthy credit score is crucial for your financial well-being. In India, your creditworthiness is typically represented by your CIBIL score, which is generated by the Credit Information Bureau (India) Limited.
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Banking Reinvented: How Advanced Generative AI Models Are Shaping the IndustryAdvanced generation AI models are shaping the future of the banking industry, offering transformative potential and creating new challenges. In this comprehensive article, we explore the evolution of generative AI models, their impact on the banking sector, and how to address the ethical and compliance concerns they raise.
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Start a Fintech Business with UltimaBanq - Core Banking SoftwareIn recent years, the fintech industry has been rapidly evolving, and technology is changing the way people conduct financial transactions. Core banking software is one of the most significant technologies that have been adopted by financial institutions worldwide.
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BaaS Explained: For BanksBanking-as-a-Service (BaaS) can allow anyone to easily realize financial products. In this article, we will cover BaaS for banks.
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What’s Likely to Brew in Fintech Market in 2023?Our best guess what trends will dominate the year in FinTech in Green Finance, Smart Contracts, Embedded Finance, Digital Banking and Artificial Intelligence.
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Banking-as-a-Service: What It Is & How To PlayLearn about the ongoing evolution in Banking-as-a-Service, the key market players, the market structure and how incumbents deal with new challengers.
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Top 7 Blockchain Uses & Opportunities for BanksAnalysts expect the blockchain technology market to grow by 62.73% CAGR over the next few years. But how can banks turn blockchain adoption into revenue?
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Features Of A Winning Banking API StrategyAPIs can be more than intermediary tools. When it comes to banks, what does it take to build a winning banking API strategy?
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Recent Meetups Tagged With Banking
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Finfinity Meetup"Finfinity, the smart #Fintech Meetup in Cologne has been a hot spot to exchange views on financial technology and related areas for more than two ...
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Holland FinTech MeetupThis Meetup group joins people that want to gain and share knowledge on FinTech, meet entrepreneurs, investors, people from financial institutions ...
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FinTech WomenNot quite in finance, and not quite in technology? Welcome to the wonderful world of FinTech! FinTech Women is a regular London-based meet-up f...
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FinTech AvivWelcome to the home of Israeli FinTech! FinTech Aviv, the Israeli FinTech Association, is operating in order to gather the Israeli minds in the Fi...
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FinTech Meetup Europe - LisbonHello Lisbon-FinTech Fans! Let’s start uniting FinTech Founders, Corporates, Developers, and VCs across Europe to share, build and collaborate. The...
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Recent Links tagged with Banking
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Fintech CEO Takes on Perils of Banking for Cannabis BusinessesThe regulation of cannabis in the US doesn’t mean that it ceased to be a high-risk business: Abaca chief executive, Dan Roda, talks about how finte...
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Fintech Platform Fnality to Lower Banks’ Intraday Liquidity Requirements by Leveraging DLTThe fintech Fnality will use blockchain technology to reduce banks’ intraday liquidity requirements by collaborating with other platforms and creat...
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One Year in Fintech: 2021 Funding Success StoriesEven if 2021 came to an end, we retrace the most important fintech events of the past year with The Fintech Times: the magazine shares the most imp...
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EXCLUSIVE: ‘A question of trust’ – Rod Boothby, Santander in ‘The Fintech Magazine’If financial institutions have so far guarded our financial assets, they could now be able to guard another kind of asset that is becoming more imp...
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The End Of Digital Transformation In BankingRon Shevlin reflects on the digital transformation in banking. What many banks are doing is using new tools for an old industry, without really dea...
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Community Banking Network CBANC Unveils New B2B Fintech MarketplaceCBANC announced the launch of a new marketplace: the fintech platform will be free for all employees of U.S. financial institutions, as well as the...
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Neobanks say they're unfazed by old guard’s overdraft movesThere is no doubt that neobanks have been able to cut costs for the end users, but what will happen in the future? Traditional banks are reducing t...
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Tesco launches prepaid debit card with linked savings accountWhile we’re on the subject, Tesco Bank is launching its Tesco Clubcard Pay+: this Visa card is a debit card you can top up with any UK bank account...
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Small Businesses in Canada Looking at Banks for Advice to Weather Challenging Economy, J.D. Power FindsAccording to the J.D Power 2022 Canada Small Business Banking Satisfaction Study, 6 out of 10 small businesses in Canada are considered financially...
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Nigeria-based fintech company wins $50,000 in Ecobank Fintech ChallengeThe African fintech space thrives, and the 2022 edition of the Ecobank Fintech Challenge has recently rewarded a fintech company, Touch and Pay, wi...
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Want to build a global open banking fintech? Move to AmericaEven if the UK has been considered, for a long time, the best place to build a fintech - especially a global fintech, now the best place may be the...
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Neobank For Businesses Raises Its Valuation To $720 Million Despite Fintech DepressionDespite the fact that fintech is going through tough times, some fintech firms still manage to succeed and raise their valuations. One of these suc...
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Banking Reinvented: How Advanced Generative AI Models Are Shaping the IndustryAayush Mittal analyzes the effect of artificial intelligence on banking for FinTech Weekly. Generative AI is actually re-shaping the whole industry...
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Implementation ManagerIn partnership with other members of the Global Payments team, the Implementation Manager will primarily focus on implementations of new Prepaid, C...
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FINRA fines Goldman Sachs $3m for mismarking short sell ordersThe Financial Industry Regulatory Authority – FINRA – fined Goldman Sachs for incorrectly labeling short sales – worth over $60 million – as long s...
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Banking Reinvented: How Advanced Generative AI Models Are Shaping the IndustryBanking is for sure one of the main sectors that can benefit from artificial intelligence. AI is already reshaping this industry by improving autom...
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Banks are ‘museums of technology,’ says fintech companyThe CEO of 10X Banking, Antony Jenkins, affirmed that banks are “museums of technology”. The CEO went on saying that banks had never focused on tec...
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Treasury Secretary Yellen Insists US Could Default on June 1 — Goldman Sachs Estimates 'Real Deadline' Is a Week LaterThe US debt ceiling becomes an increasingly tough topic, since the deadline of June 1 is closer. According to Treasury Secretary Yellen, after that...
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How does fintech serve the creator economy?Fintech Insider hosts, Gwera Kiwana and Ross Gallagher, are joined by Lotanna Ezeike (XPO) and Kyla Scanlon to discuss how fintech and banking serv...
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Top lenders set finance guidelines for ASEAN's green transitionAmong the regions that realized the importance of green and sustainable finance, Southeast Asia is playing a major role. MUFG Bank, as well as othe...
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HSBC Asset Management to Phase Out Thermal Coal in Active FundsAnd in response, the top asset manager HSBC decided to exclude thermal coal companies from its funds. The policy adopted by HSBC will allow the man...
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Dimon defends need for fossil fuel investments to CongressIn the meantime, Jamie Dimon, JPMorgan Chase Chief Executive, assessed that the US should invest more in the fossil fuel industry to favor economic...
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Banking Reinvented: How Advanced Generative AI Models Are Shaping the IndustryAayush Mittal analyzes the effect of artificial intelligence on banking for FinTech Weekly. Generative AI is actually re-shaping the whole industry...
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Implementation ManagerIn partnership with other members of the Global Payments team, the Implementation Manager will primarily focus on implementations of new Prepaid, C...
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Japan's top banks tap AI chatbots to lighten workloadThe same is happening in the banking industry. Asia is for sure benefiting from the different benefits provided by generative AI: in Japan, three h...
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Goldman Sachs CIO suggests bank could train its own ‘ChatGS’ A.I. chatbotAlso Goldman Sachs could start using this technology, but the top bank is maybe going to train its own AI chatbot: this was suggested by Goldman Sa...
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Banking Reinvented: How Advanced Generative AI Models Are Shaping the IndustryTo get back to our discussion on how financial groups and banks are benefiting from generative AI, FinTech Weekly describes how this revolution is ...
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Federal regulators look to update bank-merger rules amid fintech challengeThe Fed wants to update bank-merger guidelines to make banks more competitive. The guidelines have not been reviewed since 1995, but as fintech ari...
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9 Misunderstood Fintech Trends Impacting Retail BankingThis article considers an interesting point: do you exactly know what fintech-related terms mean? The Financial Brand takes into account 9 popular ...
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Open Banking Fintech Tink Introduces Income Check in the UK, a Service for Improving Income VerificationTink, the open banking platform, confirmed that it is introducing the “Income Check” in the United Kingdom. Thanks to this tool, both banks and len...
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Customers Bank teams with fintech on small-business loan softwareEnigma, the data provider, in cooperation with Customers Bancorp and Capital One Financial, developed a new company, Prime, a lending platform focu...
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FinTech Platforms Help Paycheck-to-Paycheck Consumers Pay off DebtsWith higher inflation, paycheck-to-paycheck consumers find it even harder to pay off debts. Credit card debts alone are reaching pre-pandemic level...
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Web3 banking platform Juno raises $18 million, launches tokenized loyalty programExisting banking ecosystems can't keep up with the growth of cryptocurrencies. This might be the reason behind the last successful funding round of...
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How Small Banks Can Counter Fintech & Megabank Marketing BudgetsDan Novalis, CEO of 2Novas, give advice on how small banks can counter the power of fintech firms and large banks thanks to specific marketing stra...
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Fintech SaaS provider Toqio secures €20 million in fresh fundingAnother successful fintech company is the London-based Toqio. The company, which offers a software-as-a-service (SaaS) model that allows its custom...
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$1T opportunity: JPMorgan becomes first major bank in the metaverseJPMorgan invests in the metaverse: the blockchain-based world Decentraland hosts a virtual lounge of the bank. This market opportunity is worth $1 ...
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Today in FinTech: Bank of America Invests in UK FinTech to Tackle Card Processing FeesFintech firms and banks are cooperating to find more innovative solutions for merchants and to enhance security: one of these collaborations is rep...
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Synctera launches Community Bank with FinTech partnerSynctera provides its platform and tools to fintech creators, communities and entrepreneurs. The platform has recently participate in the partnersh...
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Top 5 fintech trends & predictions for Africa in 2023Even if African fintech is still a young sector, it proved to be successful in terms of investments. For 2023, the BDO Fintech In Africa report ide...
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Berlin Fintech Penta Is Seeking Valuation Above $450 MillionThe European market is getting harder, but fintech companies don’t renounce to new investors: Penta is one of these companies. It is not a common f...
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How Fintech Impacts Financial InclusivityFintech plays a major role in financial inclusivity not only by providing the tools to allow people to have easier access to financial services, bu...
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Virtual Lenders Shake Up Hong Kong’s Banking IndustryDigital banks and lenders are becoming extremely popular in Hong Kong: higher interest rates - thanks to the lack of costs for physical branches, g...
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UK open banking users surpass 5m amid fintech boomAnother milestone for fintech: after the records of 2021, in 2022 open banking managed to acquire over 5 million users only in the UK. This happene...
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Peter Thiel’s VC fund backs TreeCard, a fintech that plants trees when you spendPeter Thiel's Valar Ventures, which has already invested in top companies like Qonto, Bitpanda, N26, is one of the top investors behind TreeCard. F...
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CBN, Stakeholders Collaborate To Check Rising Cyber AttacksCyber attacks in Nigeria are rising. Mr. Musa Jimoh, the director of the Central Bank of Nigeria (CBN) has assured stakeholders that the bank is ad...
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Five types of risks that threaten bank-fintech partnershipsEven if banks and fintech companies are increasingly partnering to create new financial solutions, there are still risks that could threaten furthe...
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CBDC’s May Require Global Regulation, According to an EU CommissionerCentral Bank Digital Currencies (CBDCs) can be a very innovative and useful way to integrate digital and traditional economies, but many technicali...
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Fintech in Latin America and Africa Is Breaking the MoldFintech in Latin America and Africa is a thriving sector: the need to solve the issues of unbanked people made startups and established companies o...
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The Bank of Canada urges fintechs to prepare for retail payments regulationThe government tasked the Bank of Canada with supervising fintech and paytech firms that provide businesses with innovative payment methods. This t...
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Argentine Fintech Ualá to Start Giving Personal Loans in MexicoUalà, the Argentina-based fintech company backed by financial personalities like George Soros, will start offering loans to Mexican clients thanks ...
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Europe’s banks temper ambitions to challenge big US payments groupsThe European Payment Initiative (EPI), acquired Currence Ideal and Payconiq, but it now has to lower its ambitions. Born with the intention to allo...
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What’s Likely to Brew in Fintech Market in 2023?Artificial intelligence, along with blockchain, was included in our list of the fintech trends for 2023. Discover how different technologies have a...
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Hong Kong to local banks: play nice with crypto firmsIn the meantime in Hong Kong, monetary authorities go on with their plan to create a regulatory framework that can help crypto firms to be fully co...
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Owners Bank Announces Ecosystem of Strategic Fintech Partners Fueling "No BS" Banking for Small BusinessesOwners Bank, the digital bank designed to offer small businesses the same financial opportunities offered by big banks to big companies, announced ...
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FDIC order against Cross River Bank is a warning on fintech alliancesIn the meantime in the US, the FDIC – Federal Deposit Insurance Corporation – issued an order against the New Jersey-based Cross River Bank for all...
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AI tool created by JPMorgan analyzes Fed speeches to signal tradesJP Morgan, one of the top US investment banks, continues to embrace tech innovations. The bank reported the creation of a new AI tool that uses Cha...
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Top 12 CeFi Lawsuits of 2022 – The Many Ways CeFi BrokeAmidst all the difficulties CeFi had to cope with in 2022, we talked about the top CeFi lawsuits under a 2023 perspective – read the complete artic...
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Banks are ‘museums of technology,’ says fintech companyThe CEO of 10X Banking, Antony Jenkins, affirmed that banks are “museums of technology”. The CEO went on saying that banks had never focused on tec...
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Treasury Secretary Yellen Insists US Could Default on June 1 — Goldman Sachs Estimates 'Real Deadline' Is a Week LaterThe US debt ceiling becomes an increasingly tough topic, since the deadline of June 1 is closer. According to Treasury Secretary Yellen, after that...
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This is a tremendous community and it’s not getting services it needs’Penny Crosman, host of the American Banker podcast, welcomes Yasaman Hadjibashi and Keith Armstrong to discuss their innovative fintech company: th...
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Fintech SaaS Startup Lentra Bags $60 Mn Funding To Build War Chest For AcquisitionsThe Indian fintech Lentra has just raised $60 million. The Series B funding round was led by investors like SIG, Citi Ventures and Bessemer Venture...
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The Growing Domination Of Chime, Square Cash App, And PayPal In Checking AccountsRon Shevlin shares Cornerstone Advisors data and focuses our attention on a particular point: fintech firms are becoming the first choice when it c...
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Fintech fills a gap for divorced parents co-managing moneyOnce again, fintech is able to solve common issues that might not be properly addressed by more traditional businesses. One of these problems is ho...
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Banking reforms could make the UK a sustainable finance hub, but also threaten financial stabilityWe at FinTech Weekly have already covered the so-called Edinburgh reforms, a set of changes to banking rules to make the UK financial system more s...
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Japanese fintech leader Smartpay first to launch the next phase of digital consumer finance through open bankingSmartpay, the Japanese fintech company founded by seasoned fintech professionals with previous experiences in companies like Facebook and Stripe, l...
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Web3, Crypto, Cybersecurity, Rural Fintech: Trends To Look Out For In 20232022 saw a crash in the crypto space, but despite this, the market witnessed the rise of new projects and major changes – like the Ethereum upgrade...
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Bill on Digital Ruble Submitted to Russian ParliamentTo further show how blockchain technology and fintech can even be able to change geopolitics, news about the digital ruble can make us reflect on t...
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Banks and FinTechs See Collaborative Opportunity to Reach Emerging Market ConsumersPredictions for 2022 saw fintech as the top player in financial inclusion. To reach this goal and, at the same time, comply with stricter regulatio...
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JPMorgan Chase Falls As Banks Brace For RecessionJPMorgan Chase showed strong earnings, but the banking sector is not so strong to prevent the fall of stocks of top banks. In fact, despite JPMorga...
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Winter of ‘disconnect’: Morgan Stanley’s Mike Wilson braces for more than 20% stock dropThe same works for Morgan Stanley. Mike Wilson affirmed that even if many investors know that we are close to a recession, they don’t seem to reall...
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Goldman Sachs posts its worst earnings miss in a decade as revenue falls while expenses riseDifferently from JPMorgan Chase, Goldman Sachs – another top financial institution – posted its worst earning rewards in ten years. According to ex...
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Why central banks should not push ahead with CBDCsTony Yates, former professor of economics and adviser at the Bank of England, shares his opinions on why central banks should stop working on CBDC ...
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Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis GrowThe US Fed revealed that over 700 banks are reporting significant unrealized losses – that is, the losses they would experience if they sell their ...
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Billionaire Bill Ackman on US Banking Crisis: We Are Running Out of Time to Fix This ProblemBill Ackman, founder of Pershing Square Capital Management, said that the US needs to solve the banking crisis soon, because there’s no time. The ...
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Opinion: Congress can deliver a big win to consumers and small businesses by giving fintech firms room to growPenny Lee, CEO of the Financial Technology Association, discussed why the Fed should support fintech firms as it does with traditional banks - this...
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Sustainability in global transaction banking: A market imperativeAccording to Bloomberg, sustainable debt instruments reached over $1.6 trillion in 2021. Moreover, GTB – global transaction banking – has a large r...
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HSBC launches digital platform that revolutionises trade financeThe top bank HSBC has launched a new platform for the UK and Hong Kong markets: the HSBC Trade Solutions – HTS – allows clients to manage their tra...
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Senate Banking Chairman Brown to introduce bill closing ‘shadow’ banking loophole after Elon Musk says Twitter will process paymentsAbout a month after Elon Musk's plan to turn Twitter into a payment service platform, Sen. Sherrod Brown introduced a bill - the Close the Shadow B...
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‘No surprise’ fintech partnerships are behind evolution of banking servicesIn these messy times, banks and fintech companies are cooperating more to reach financial results for their clients. This decision might be a direc...
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The Fed May Hand The Market A Huge Surprise This WeekThe Fed may rise interest rates once again to face inflation. During the next FOMC (Federal Open Market Committee), the Fed could announce rates be...
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UK banking rules in biggest shake-up in more than 30 yearsThe UK will go through the most significant revision of banking rules of the last 30 years. The package of reforms, called the "Edinburgh Reforms",...
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JPMorgan Chase Falls As Banks Brace For RecessionJPMorgan Chase showed strong earnings, but the banking sector is not so strong to prevent the fall of stocks of top banks. In fact, despite JPMorga...
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Winter of ‘disconnect’: Morgan Stanley’s Mike Wilson braces for more than 20% stock dropThe same works for Morgan Stanley. Mike Wilson affirmed that even if many investors know that we are close to a recession, they don’t seem to reall...
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Goldman Sachs posts its worst earnings miss in a decade as revenue falls while expenses riseDifferently from JPMorgan Chase, Goldman Sachs – another top financial institution – posted its worst earning rewards in ten years. According to ex...
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Why central banks should not push ahead with CBDCsTony Yates, former professor of economics and adviser at the Bank of England, shares his opinions on why central banks should stop working on CBDC ...
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Bank Of America’s And Chase’s Digital Wallet Is DOA (Delusional On Announcement)Alternative payment methods create competition between banks and fintech businesses focused on favoring people to use both debit and credit cards a...
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Aramco-backed fintech opens bank branch in London to help Muslims investThe fintech startup Wahed, which is backed by the popular player Paul Pogba and the oil giant Saudi Aramco, launches a new bank branch in London to...
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Banks Cannot Keep Shouldering Risks For Crypto And Fintech ClientsThe fall of FTX and the crypto winter, as we said, made regulators more severe. And this is evident also when it comes to the relationship between ...
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Why Virginia Could Let Banks Offer Crypto Custodial ServicesVirginia is one of the most crypto-friendly states in the US, and the last move of the government in this sense is to allow banks to provide crypto...
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Fintech startup Zeta raises $30 million, teams with MastercardZeta, the fintech company specialized in banking and credit card services, is considered a unicorn in the fintech space. The last funding round rai...
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Insights: What makes partnerships work?Simon Taylor is joined by Nicole Perry (Strategy Director at 11:FS), Martin Haring (Temenos), Mary Agbesanwa (Seccl) and Josh Williams (Seattle Ban...
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Fintech for landlords introduces a banking platformThe New York based fintech firm Baselane announced the introduction of a new banking platform. Baselane helps property owners to manage all the ope...
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Lloyds Banking Group and Fintech Scotland opens applications for innovation programmeThe Launch Innovation Programme of Lloyds Banking Group is opened. The group opened this program for the second time to find new fintech partners f...
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Banking-As-A-Service Is Under Fire — What’s Next For Fintech’s Hottest SegmentBaaS – Banking-as-a-Service – has benefited from the fintech investment boom, but it’s now facing some challenges: not only the increasing competit...
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Banks Can Trump Fintech as Zero-Rate Era EndsTelis Demos raises a question: what will happen when zero interest rates will end? This is the actual advantage of many neobanks, but the competiti...
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News: SCA finally in effect, Lunar raises $77M and HSBC joins the metaverseGwera Kiwana and Sam Rai are joined by Roger De’Ath (Truelayer) and Jimmy Fong (SEON) to discuss the most relevant developments in financial techno...
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Will Banks Overtake Fintechs As Interest Rates Rise? Don’t Bet On ItRon Shevlin shares his thoughts – and data – about the WSJ article, and uses some interesting topics to defend fintech and the future of fintech co...
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Regulators Warn Banks - Say No To Crypto FinTech CompaniesRegulators aren’t just acting directly against cryptocurrencies, but they’re also warning banks. If banks want to serve fintech and crypto customer...
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China’s central bank encourages ‘controllable risks’ in fintech innovation in Alibaba’s home province of ZhejiangPeople’s Bank of China and Chinese financial regulators want to encourage “controllable risks” to improve financial technology in the region. The c...
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An introduction to… Why banking infrastructure is brokenMarcus Treacher (ClearBank) analyzes the disruptive changes brought by financial technology. The infrastructure of banks, if they want to survive, ...
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Santander launches instant payments into Brazil from EuropeSantander launches new payment solutions that will allow SMEs in Spain to make immediate payments to Brazilian recipients. This solution – One Trad...
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JPMorgan’s U.K. Digital Bank Chase Launches Savings AccountsChase, the U.K. digital bank of JPMorgan, launched a new savings account to allow users to maximize interest. As Shaun Port – managing director at ...
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Banks need an answer to the pervasiveness of fintech in IndiaFintech companies are replacing traditional banks and payment methods in India: some of the reasons that led to this new system can be found in the...
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The CEO of America’s second-largest bank is preparing for possible US debt defaultWhile the Congress argues about raising the debt ceiling of the US, there is still the possibility for a default. Brian Moynihan, CEO of the Bank o...
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Banks Weigh Using Zelle to Challenge Visa, MastercardThe fintech firm Zelle – backed by some giants like JPMorgan, Bank of America and Wells Fargo – experienced an impressive growth due to the pandemi...
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Demystifying the Banking Regulators’ Recent Crypto Actions: Key Takeaways for Fintech CompaniesThe collapse of FTX stopped the process that was bringing closer banks and cryptocurrencies. Regulators became more severe, but some clarifications...
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Financial Inclusion in Banking Can Be Improved With AI Says Fintech IndustryFinancial inclusion is one of the main goals of fintech: compared to traditional financial instittions, fintech companies manage to be more efficie...
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BaaS Explained: For BanksIn this article by Surbhi Arora, published by FinTech Weekly, the focus is BaaS – Banking as a Service. To understand BaaS, there are some key aspe...
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How can banks deal with the new fintech competition?The types of services offered by banks still can’t compete with fintech companies. Even if banks started focusing more on digitalization, it’s also...
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Future Branches in BostonWhat is your branch doing to exceed their expectations and meet the needs of other generations as well? Future Branches is two days of action-packe...
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News: JP Morgan bans ChatGPT, while female founders are on the riseBenjamin Henson, host of the Fintech Insider podcast, invited Lena Hackeloer, Mary Agbesanwa and Ruth Foxe Blader to his recent podcast episode to ...
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London fintech Griffin receives authorisation with restrictions to become an official bankThe fintech firm Griffin is now transitioning from fintech startup to bank. The London-based fintech is officially on the Financial Conduct Authori...
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Fintech sector’s overreliance on chatbots is a mistakeAs JP Morgan Chase reports, chatbots help them to save thousands of hours of work. But it’s also true that when it comes to financial decisions, pe...
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Banking giant Truist acquires fintech startup Long Game in effort to reach younger demographicThe banking giant, Truist, finds it hard to appeal to the youngest generations of users. This is the reason behind its last acquisition: the financ...
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Dutch fintech bunq enters Irish market as pillar banks leaveWhile major banks are leaving the Irish market, bunq enters the banking market of the country to offer its online services. The Dutch fintech compa...
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‘We’re alive and kicking’: CEO of banking app Dave wants to dispel doubts after this year’s 97% stock plungeDespite these messy times for the global economy, crypto investors and fintechs, there are some cases more successful than others – despite what th...
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JP Morgan signs deal for stake in fintech Viva Wallet for over $800 millionViva Wallet, which operates in over 20 countries in Europe, is going to be partially acquired by JP Morgan Chase. JP Morgan wants to acquire 48.5% ...
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Digital incumbents must beware of potential profitability pitfallsFintech firms and digital-only banks might seem the preference of new users, but as suggested by GlobalData's Financial Services Consumer Survey, p...
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The UK recession will be almost as deep as that of Russia, economists predictThe UK and the Euro area are already in recession, and this will drive inflation to higher peaks. According to Golman Sachs’ forecasts, the UK is j...
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Crypto trading app Tap Global among London’s first public listings in 2023Tap, the crypto trading app founded by 29-year old Arsen Torosian, allows users to trade currencies and use them also for purchases thanks to the p...
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Crypto's Banking Problem: Industry Needs Access but US Regulators Keep Digital Assets at BayIn the meantime, crypto firms in the US are in trouble. It seems that the Fed is increasingly widening the barrier between banks and crypto firms. ...
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Big banks choose fear-mongering over facts when it comes to fintechFintech constantly grows: users prefer fintech companies because, as it emerged from a The Harris Poll’s survey, they help to save money, time and ...
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Banking-as-a-Service: What It Is & How To PlayBanking as a Service (BaaS) is a great occasion for companies that want to easily integrate banking services into their models.
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iOS EngineerWe have built our entire banking platform in house and mostly in Java. We are looking for people who want to work on building the tooling that is u...
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Bangladesh and India to Trade in National Currencies Due to US Dollar Liquidity IssuesDue to the liquidity issues faced by the United States, Bangladesh and India decided to trade in their national currencies. The Bangladesh Bank too...
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Economist Peter Schiff Warns About a New, Incoming Great Depression Crisis, Criticizes Misleading Inflation NumbersThe chief economist of Europac, Peter Schiff, warns about a new Great Depression. According to the economist, the depression will be worse than th...
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U.K. Finance Minister Reverses Nearly All Planned Tax CutsThe tax cuts announced almost one month ago by the UK government will be reversed. If the measures were meant to help people deal with the recessi...
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US Regulators Sound Cautious Note on FinTech InnovationAt the same time, regulators and banks would like to have more control over the financial and economic revolution that started with blockchain and ...
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Is fintech losing its lustre for career changers?Recession, inflation, and layoffs might change not only regulators’ opinions about fintech, but also top executives’ choices when it comes to consi...
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With $900 Million In Funding, Hong Kong Fintech Unicorn WeLab Bets Big On IndonesiaDespite difficulties, fintech still meets people’s needs – therefore, interesting projects manage to get significant investments. Often, funding ro...
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Against CBDCs and the Politicization of MoneyNot everyone agrees with banks and regulators on the adoption of new regulatory measures concerning the digital economy and assets. The involvemen...
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Apple to Launch High-Yield Savings Accounts With Goldman SachsSavings become more important for people, and big companies realize that. Apple is increasingly benefiting from fintech solutions, constantly inclu...
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Banking-as-a-Service: What it is, why it’s Important and How to PlayLearn about the ongoing evolution in Banking-as-a-Service, the key market players, the market structure and how incumbents deal with new challengers.
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CDAO Financial ServicesCDAO Financial Services brings together your data & analytics community from the Financial Services industry for two days of learning, networki...
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News: JP Morgan bans ChatGPT, while female founders are on the riseBenjamin Henson, host of the Fintech Insider podcast, invited Lena Hackeloer, Mary Agbesanwa and Ruth Foxe Blader to his recent podcast episode to ...
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London fintech Griffin receives authorisation with restrictions to become an official bankThe fintech firm Griffin is now transitioning from fintech startup to bank. The London-based fintech is officially on the Financial Conduct Authori...
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Banking-as-a-Service: What It Is & How To PlayBanking as a Service (BaaS) is a great occasion for companies that want to easily integrate banking services into their models.
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iOS EngineerWe have built our entire banking platform in house and mostly in Java. We are looking for people who want to work on building the tooling that is u...
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News: JP Morgan bans ChatGPT, while female founders are on the riseBenjamin Henson, host of the Fintech Insider podcast, invited Lena Hackeloer, Mary Agbesanwa and Ruth Foxe Blader to his recent podcast episode to ...
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London fintech Griffin receives authorisation with restrictions to become an official bankThe fintech firm Griffin is now transitioning from fintech startup to bank. The London-based fintech is officially on the Financial Conduct Authori...
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Banking-as-a-Service: What It Is & How To PlayBanking as a Service (BaaS) is a great occasion for companies that want to easily integrate banking services into their models.
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iOS EngineerWe have built our entire banking platform in house and mostly in Java. We are looking for people who want to work on building the tooling that is u...
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Future Branches in BostonWhat is your branch doing to exceed their expectations and meet the needs of other generations as well? Future Branches is two days of action-packe...
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Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis GrowThe US Fed revealed that over 700 banks are reporting significant unrealized losses – that is, the losses they would experience if they sell their ...
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Billionaire Bill Ackman on US Banking Crisis: We Are Running Out of Time to Fix This ProblemBill Ackman, founder of Pershing Square Capital Management, said that the US needs to solve the banking crisis soon, because there’s no time. The ...
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Big bank, little bank: Why fintech relationships are still rockyBanks and fintech companies have some points in common, but competition among them is a reality. Despite this, relationships among “older” and new ...
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Mastercard partners with Swedish fintech Dreams on sustainable bankingThe Swedish fintech Dreams, focused on financial well being, partners with Mastercard to create new and more sustainable banking products.
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Fintech using behavioral science to monitor consumer debtWhile inflation rises prices, people struggle with debts – also credit card debts. The fintech company Nickels works with financial institutions to...
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Rich List 2022: The hedge fund, bank, and fintech billionaires that made the cutAnd like every year, the Sunday Times Rich List was published. It’s worth noting that many of the 1,000 names listed are in the banking and fintech...
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Brazilians are adopting digital payments faster than anyone else — what lessons can we learn?As reported by the World Economic Forum, Brazil is a leading country in the adoption of digital payments. As David Vélez – founder of Nubank – poin...
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Fintech Marqeta pushes into banking for next growth phaseThe fintech company Marqeta is launching its banking-as-a-service platform that will allow its partner banking institutions to offer more financial...
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Zopa Bank and Fintech TrueLayer Make Saving Seamless with Acct-to-Acct PaymentsTrueLayer, the European open banking platform, and the digital bank Zopa are partnering to create new products: Zopa’s Smart Saver, launched in Feb...
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Panic Mustn't Be Allowed To Spread After SVB Collapse: EU LawmakerMarkus Ferber, leader of the center-right party in the European Parliament, said that regulators should stop the fear spreading after the Silicon V...
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Also a banking provider like Yobota joins the BNPL market: the London-based company is partnering with Tranch – a Buy Now, Pay Later startup – to p...
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What's Next for Silicon Valley Bank After It's Historic Collapse?Sally Bakewell discussed what could happen now to the Silicon Valley Bank and said that the bank wanted to initiate a rescue plan but failed to do ...
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HSBC to run fintech education course for employeesHSBC, the popular financial service institution, partners with Oxford to create a FinTech course for employees: the program will be based on the Ox...
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Fintechs Winning Silicon Valley Bank’s Abandoned CustomersThe bank of Silicon Valley has come to an end this week and it shocked everyone, even the most experienced and the most expert people in finance. F...
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Goldman Sachs Begins Trading Ethereum-Linked Derivative ProductDuring these chaotic times for finance and markets, Goldman Sachs launches a new derivative product. Its underlying asset? Ether (ETH).
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Chinese firms feel limited impact from SVB's failure; experts warn of global risksChinese enterprises said that the sudden collapse of the Silicon Valley Bank had a limited impact on them, but they should be aware of the risks of...
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JPMorgan Wants to Bring Trillions of Dollars of Tokenized Assets to DeFiJPMorgan wants to enter DeFi protocols – but in an institutional way. As Tyrone Lobban, head of Onyx Digital Assets, said during the Consensus 2022...
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FDIC Planning Another Silicon Valley Bank AuctionRegulators are having some trouble in finding a buyer for the firm over the weekend, after their try in auctioning the Silicon Valley Bank. But acc...
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Silicon Valley Bank Isn’t LehmanThe issues the Silicon Valley Bank is facing are not the same as the 2008 crisis. The SVB is not Lehman: according to Paul Krugman, even if the col...
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Biden emphasizes US banking system is safe after Silicon Valley Bank collapseOn Monday, President of the United States Joe Biden said that the US banking system is safe and is taking action to contain the recent collapse of ...
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FinTech DefinitionA complete definition of FinTech is the starting point to understand what is happening in the industry, why fintech is disruptive, where regulators...
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Bangladesh and India to Trade in National Currencies Due to US Dollar Liquidity IssuesDue to the liquidity issues faced by the United States, Bangladesh and India decided to trade in their national currencies. The Bangladesh Bank too...
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Economist Peter Schiff Warns About a New, Incoming Great Depression Crisis, Criticizes Misleading Inflation NumbersThe chief economist of Europac, Peter Schiff, warns about a new Great Depression. According to the economist, the depression will be worse than th...
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U.S. has the 'tech edge' amid growth expected for the fintech industry: Milken Institute execNicole Valentine, FinTech Director at the Milken Institute Center For Financial Markets, joins Allie Garfinkle (Yahoo Finance) to discuss the curre...
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‘It’s going to get worse for banks’ — JPMorgan CEO on overregulationJamie Dimon, CEO of JPMorgan Chase, said – during an interview – that regulators should focus less on creating new rules for banks. The main proble...
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U.S. has the 'tech edge' amid growth expected for the fintech industry: Milken Institute execNicole Valentine, FinTech Director at the Milken Institute Center For Financial Markets, joins Allie Garfinkle (Yahoo Finance) to discuss the curre...
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‘It’s going to get worse for banks’ — JPMorgan CEO on overregulationJamie Dimon, CEO of JPMorgan Chase, said – during an interview – that regulators should focus less on creating new rules for banks. The main proble...
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Banks are ‘museums of technology,’ says fintech companyThe CEO of 10X Banking, Antony Jenkins, affirmed that banks are “museums of technology”. The CEO went on saying that banks had never focused on tec...
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Treasury Secretary Yellen Insists US Could Default on June 1 — Goldman Sachs Estimates 'Real Deadline' Is a Week LaterThe US debt ceiling becomes an increasingly tough topic, since the deadline of June 1 is closer. According to Treasury Secretary Yellen, after that...
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Privacy Concerns Dominate CBDC Discussion at Consensus 2023In the meantime, CBDCs (Central Bank Digital Currencies) are still one of the most discussed topics. At Consensus 2023, participants talked about t...
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JPMorgan Turns to Blockchain for Dollar Trades in India HubJPMorgan Chase launched a pilot program to settle transactions with six Indian banks by using Onyx, the blockchain created by the company. The proj...
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UBS Agrees to Buy Credit Suisse for More Than $3 BillionThe Union Bank of Switzerland – UBS – agreed to buy the troubled Credit Suisse in an historic deal worth over $3 billion. The deal represents one o...
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Contagion Risks Remain After UBS-Credit Suisse Deal, AMP SaysAlthough the UBS-Credit Suisse deal will help the customers of CS, this doesn’t necessarily mean that the European banking system – and the banking...
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When Will This Banking Crisis End?Actually, there are still doubts on when the banking crisis will end. Regulators don’t seem to be in full control of the current situations and sim...
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SVB contagion: Australia reportedly asks banks to report on cryptoOne of the most discussed bank collapses of the past weeks is the collapse of the Silicon Valley Bank – the 16th bank in the US. Despite many exper...
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Florida Gov. Ron DeSantis Proposes Law to Ban CBDCsIn the meantime, and as we mentioned in our Weekend Newsletter, the importance of CBDCs might increase over time. Central Bank Digital Currencies c...
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Will SVB’s Collapse Burst San Francisco’s AI Hype Bubble?San Francisco is for sure one of the US cities that most rely on tech. And investment in artificial intelligence and generative tech are an importa...
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The Future Of AI In BankingQuestions arise also when it comes to the future of artificial intelligence – AI – in banking. As Alex Kreger points out, ChatGPT is the “fastest-g...
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Elon Musk sees 'serious risk' of another Great Depression if the Fed doesn't stem the collapse of regional banks after SVB failureAlso, Elon Musk, one of the top personalities in the tech and AI spaces, talked about the currency banking situation. Following the tweet of the fi...
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Will the US Banks Collapse Affect the World?We at FinTech Weekly analyzed – and also shared some opinions – on the current economic and financial situation. The main question is – will the co...
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UBS Agrees to Buy Credit Suisse for More Than $3 BillionThe Union Bank of Switzerland – UBS – agreed to buy the troubled Credit Suisse in an historic deal worth over $3 billion. The deal represents one o...
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Contagion Risks Remain After UBS-Credit Suisse Deal, AMP SaysAlthough the UBS-Credit Suisse deal will help the customers of CS, this doesn’t necessarily mean that the European banking system – and the banking...
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When Will This Banking Crisis End?Actually, there are still doubts on when the banking crisis will end. Regulators don’t seem to be in full control of the current situations and sim...
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SVB contagion: Australia reportedly asks banks to report on cryptoOne of the most discussed bank collapses of the past weeks is the collapse of the Silicon Valley Bank – the 16th bank in the US. Despite many exper...
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Florida Gov. Ron DeSantis Proposes Law to Ban CBDCsIn the meantime, and as we mentioned in our Weekend Newsletter, the importance of CBDCs might increase over time. Central Bank Digital Currencies c...
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Will SVB’s Collapse Burst San Francisco’s AI Hype Bubble?San Francisco is for sure one of the US cities that most rely on tech. And investment in artificial intelligence and generative tech are an importa...
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The Future Of AI In BankingQuestions arise also when it comes to the future of artificial intelligence – AI – in banking. As Alex Kreger points out, ChatGPT is the “fastest-g...
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Elon Musk sees 'serious risk' of another Great Depression if the Fed doesn't stem the collapse of regional banks after SVB failureAlso, Elon Musk, one of the top personalities in the tech and AI spaces, talked about the currency banking situation. Following the tweet of the fi...
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Will the US Banks Collapse Affect the World?We at FinTech Weekly analyzed – and also shared some opinions – on the current economic and financial situation. The main question is – will the co...
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Banks are ‘museums of technology,’ says fintech companyThe CEO of 10X Banking, Antony Jenkins, affirmed that banks are “museums of technology”. The CEO went on saying that banks had never focused on tec...
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Treasury Secretary Yellen Insists US Could Default on June 1 — Goldman Sachs Estimates 'Real Deadline' Is a Week LaterThe US debt ceiling becomes an increasingly tough topic, since the deadline of June 1 is closer. According to Treasury Secretary Yellen, after that...
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News: Allica bank raises for SMEs and Backbase raises to transform the back end of bankingBenjamin Ensor and Gwera Kiwana are joined by Soren Aabel Hammer (Mazepay), Keshvi Radia (Allica Bank), Tim Rutten (Backbase), Richard Davies (Alli...
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Adapting to rapidly changing business modelsTony Coleman, CTO of the fintech firm Tenemos, talks about how the company is helping banks to keep up with modern business models.
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Open Banking Reaches 6m UK UsersThe rise of open banking is evident and fast: OBIE – Open Banking Implementation Entity – found that this kind of service managed to get 1 million ...
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‘Regulators let the bad guys get big’ — former Kraken CEO speaks out after SEC settlementAfter the issues that the popular centralized crypto exchange Kraken had with regulators - issues that resulted in a fine worth $30 million - the c...
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India’s central bank cracks down on fintech startupsDespite the fact that Indian fintech startups have raised over $15 billion in investments in the past years, the central bank took a decision that ...
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The Revolution Is Alive And Well: How Fintech Has Impacted BankingRon Shevlin analyzes the article that appeared in The Telegraph, “The phony ‘fintech revolution’ is eating itself”, and assesses that even if the s...
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News: Kroo lands coveted banking license, while Credit Suisse found guilty of money launderingDavid M. Brear and Kate Moody are joined by Andrea de Gottardo (Kroo) and Jessica Cath (Fintrail) to discuss some of the hottest fintech news – amo...
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Banks, NBFCs stop lending to apps under loan default guarantee modelBanks and similar financial companies in India have almost stopped their relationships with fintech for what concerns lending products and services...
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Here’s what’s hot — and what’s not — in fintech right nowBy analyzing venture capital firms’ choices, Ryan Browne identifies some hot fintech investments and projects that currently don’t attract investor...
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Warba Bank Becomes 1st Islamic Lender To Enter The MetaverseWarba Bank is the first company in the MENA region to enter the Metaverse. The bank chose Decentraland and Sandbox to join the digital world.
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Large Banks Raising Stakes to Compete with Fintech ChallengersThe competitive intelligence source for digital financial services, Keynova Group, shared its findings on traditional banks: to respond to pressure...
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Future BranchesFuture Branches is two days of action-packed stories, conversations and connections with the top minds in retail banking. We will explore how leadi...
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Fintech - Will it replace traditional banks?Open banking, backed by APIs, allows non-financial businesses to easily embed financial services and make people’s lives easier. That’s one of the ...
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Goldman-backed fintech Starling withdraws European bank license application in blow to global ambitionsStarling, the fintech company and largest online-only bank in the UK, withdrawn its European bank license application. The fintech backed by Goldma...
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Indian Banks are cozying up to the idea of MetaverseUnion Bank of India is joining the Metaverse: the banking company announced the launch of a Metaverse Virtual Lounge and Open Banking Sandbox durin...
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Banks are ‘museums of technology,’ says fintech companyThe CEO of 10X Banking, Antony Jenkins, affirmed that banks are “museums of technology”. The CEO went on saying that banks had never focused on tec...
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Fintech: Neobanks – the State of Play in 2022Neobanks are able to overcome traditional banks’ shortcomings by using technology and delivering inclusive financial services. They’re here to stay...
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French business bank unicorn Qonto buys German competitor PentaThe French banking company Qonto is expanding across Europe. The company announced that it’s planning to acquire the German Penta: the deal should ...
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Uber brings mobility fintech Moove to India to boost driver ecosystemMoove is a mobility fintech company also able to underwrite loans to drivers. Its financial and mobility technology mix makes it the largest supply...
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Visa's founder, and his influence on today's fintechDee Hock passed away in July 2022, and this article helps understand how his work and beliefs were able to set the ground for modern fintech. The f...
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Visa's founder, and his influence on today's fintechDee Hock passed away in July 2022, and this article helps understand how his work and beliefs were able to set the ground for modern fintech. The f...
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Visa's founder, and his influence on today's fintechDee Hock passed away in July 2022, and this article helps understand how his work and beliefs were able to set the ground for modern fintech. The f...
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Visa's founder, and his influence on today's fintechDee Hock passed away in July 2022, and this article helps understand how his work and beliefs were able to set the ground for modern fintech. The f...
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Millions in the Middle East are unbanked. Can fintech platforms change that?The Middle East is home to 85 million unbanked people. Fintech companies and their simplified and innovative payment solutions, allow everyone to b...
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The Reserve Bank of Australia to explore use cases for CBDCUniversities, industry partners and the Australian Government are all cooperating to better understand how digital currencies can improve the Austr...
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FinTech Automation Teams Up with Mastercard for Open BankingFintech Automation is now a part of Mastercard’s Engage network. The goal of this program is to make it easier for businesses to access fintech and...
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Fintech firms ramp up investments in Kenya’s microfinance spaceThe African vibrant fintech sector attracts even more overseas investments. Among the latest more significant investments, the US-based UMBA Inc. i...
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Fintech Regulation: If It Looks And Walks Like A Duck, It Is A DuckAn interesting and long-lasting debate about regulators: should they “regulate entities or activities?”. The debate is reignited by the new regulat...
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Congress Should Give Fintechs Access To Fed’s Settlement ServicesSo far, fintech companies in the United States have been in a limbo. To get access to Fed’s payment services, firms that are not considered as a pa...
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FinTech Banks Fill SME Funding Gap Created by Russia-Ukraine ConflictLithuania faces two major issues: the Russia-Ukraine conflict – especially because of its borders, and SME financing gap – since the few traditiona...
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Rising Interest Rates Put the Squeeze on Fintech LendersThe aggressive policy of the Federal Reserve is affecting fintech lenders too. These kinds of fintech firms have fewer restrictions when it comes t...
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U.S. Dollar Hits 20-Year High: Here’s What That MeansAfter the comments of Fed Chairman Jerome Powell about higher interest rates to address inflation, the US dollar continued to appreciate. Higher in...
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Bloomberg Black Business BeatKristen Broady, a senior economist at the Federal Reserve Bank of Chicago, shares her thoughts on the condition of unbanked people, whose number is...
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Brazil’s Largest Private Bank, Itaú, Selected by Central Bank to Develop a DeFi Liquidity PoolBrazilian LIFT (Financial and Technological Innovation and Technology Laboratory), a public program aimed at reaching financial inclusion in the co...
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Central Banks Issuing Digital Banking Licenses In Fear of Fintech’s Quick RiseDifferent interest rates, approaches towards neo banking, and regulatory frameworks across the world, ignite – once again – the long-lasting debate...
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Crypto Exchange Binance Hires Former Brazilian Central Bank President as AdviserThe crypto market decline seems to be a good occasion for big moves from big players. One of these moves could be the decision of Binance, the larg...
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UAE Fintech Optasia Steps Up Global Expansion to Target UnbankedThe UAE fintech company Optasia plans to expand across Africa, Latin America, and Southeast Asia. The company, backed by major investors, focuses o...
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Fintech startup Flutterwave obtains payments processing license in NigeriaTo prove once again the strength of the African fintech environment, and the possible cooperation between companies and institutions, the fintech c...
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Nigerian digital bank Kuda is the latest African startup to lay off employeesIn the meantime, another African fintech company had to lay off part of its workforce. The company is Kuda, the digital bank based both in Nigeria ...
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DT One Announces New Leadership Hires to Drive Global Expansion and Market Adoption of Micropayments and Prepaid SolutionsThe Singapore-based fintech company DT One renews its top management positions to go ahead with its plans to expand across different sectors of the...
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Regulators appear to be growing increasingly wary of banks and fintech startups getting too cozyBanks and fintech firms are long-time competitors, but it seems that by offering people what they want, the two are partnering more than expected. ...
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Edinburgh Showcased as a Hub for Sustainable Finance EducationSince we’re talking about sustainable finance, a European city was elected the center of sustainable finance education. The city is Edinburgh, the ...
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News: Stripe vs Plaid and Apple vs The EUBenjamin Ensor and Kate Moody are joined by Nilixa Devlukia (Payments Solved) and Karen Kerrigan (Moneybox) to discuss Stripe’s latest launches, th...
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Fintech Raisin partners with Credit Europe BankThe fintech company Raisin and the Credit Europe Bank are partnering to offer improved savings products to their customers.
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American Express launches its first digital-checking account for rewards-hungry consumersAmerican Express launches Amex Rewards: US customers will be able to enjoy no-fee, no minimum balance account, and each user will be rewarded with ...
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Vyne and Gr4vy Partner to Enable Instant Open Banking Payments for Online MerchantsVyne, the frictionless payments platform, and Gr4vy, which allows merchants to manage all the operations related to payments with one platform, ann...
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Why Every Company Will Be a Fintech Company [Spoiler: Tech Giants Are Already Into It]Fintech adoption is becoming a must for every company, no matter the industry sector. Digitalization, APIs and financial services are becoming one ...
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Why Build, rent what you need – PaaS, the New Normal in PaymentsPaaS (Platform as a Service) providers are improving payment systems creating modern and easy-to-use platforms. Among the services offered by these...
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Request to Pay: What is it and how close is the industry to adoption?Request to Pay looks like an easy and flexible solution to improve payment systems and transactions between payers and billers. Despite customers a...
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Sign of the times: Klarna lets you pay for gas in installmentsGas prices are rising – it’s not something new. But the real news is that Klarna is allowing users to use BNPL schemes also to buy gasoline. This s...
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JPMorgan agrees to take 49% stake in Greek fintech Viva WalletJPMorgan Chase continues with its strategy to stay competitive in the financial space: the last acquisition of the company is Viva Wallet, a Greek ...
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News: GoCardless, Stitch and Vivid Money raise funding to solve money movement frictionRoss Gallagher and Deepa Anikhindi are joined by Kiaan Pillay - co-founder and CEO of Stitch - and Catherine Birkett - CFO at GoCardless. Fintech I...
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The Next Step in Buy Now Pay Later? Fintech Industry Reacts to the New Klarna CardFinally, Klarna announced the launch of its physical card: the card will be launched in the UK as part of Klarna's “Pay in 30” program, so consumer...
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New US debit card fintech Xrent aims to help renters get on the property ladderXrent opened the waitlist for its new debit card. The fintech firm wants to provide users with a debit card that serves their “rent-to-mortgage” pr...
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Open Banking Fintech TrueLayer Introduces European Payments with Instant Deposits, Refunds, WithdrawalsTrueLayer, an open banking platform, wants to expand its offer to address the main issues of traditional payment methods: no more long waiting time...
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Money management apps flourish as consumers face cost of living crisisAmidst financial uncertainty, people look for applications that can help them to manage their finances. App Radar found that over 5 million people ...
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FinTech World Forum 2022 conferenceFINTECH WORLD FORUM 2022 #crypto http://fintechconferences.com #iot #ai #nfcLONDON. May 23-24. BOOK NOW! #fintech http://fintechconferences.com#reg...
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Digital Euro Should Be Capped and Green, Five European Nations SuggestEven if a possible European Central Bank Digital Currency (CBDC) is still being discussed, five nations are already pointing out that the currency ...
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Walmart's secretive fintech ONE is the new disruptor in consumer banking, and the retailer has nabbed talent from Wall Street mainstays like Goldman Sachs.Walmart has been working on a fintech solution for a while, even involving top investors Ribbit Capital and executives like Omer Ismail and David S...
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EMTECH Onboards SEC Ghana On Its Digital Regulatory Sandbox PlatformEMTECH, the popular company focused on providing banking infrastructures, partners with SEC Ghana to deploy an innovative regulatory sandbox. Thank...
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SVB Fallout: FinTech to the RescueAs we anticipated in our FTW Weekend newsletter, it seems that fintech companies are the solution to the current crisis. The co-CEO and co-founder ...
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A.I. and machine learning are about to have a breakout moment in financeAI in finance. The use of artificial intelligence in the financial sector raised questions about the future of work and the fintech industry. Despi...
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First Citizens shares soar 50% after the bank buys a large chunk of failed Silicon Valley BankThe FDIC – the US Federal Deposit Insurance Corporation – announced that First Citizens Bank will buy $72 billion worth of Silicon Valley Bank’s as...
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High-yield bond spreads show increasing recession jittersDespite the various deals that seem to ease concerns about the banking crisis, in reality investors are still nervous. As Kate Marino points out, t...
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Treasury Secretary Yellen Insists US Could Default on June 1 — Goldman Sachs Estimates 'Real Deadline' Is a Week LaterThe US debt ceiling becomes an increasingly tough topic, since the deadline of June 1 is closer. According to Treasury Secretary Yellen, after that...
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3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currencyWhile concerns about the actual power of the US economy, the US dollar, and the discussions related to debt ceiling, other currencies might challen...
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Digitization And Digitalization Must CoexistBlockchain technology and cryptocurrencies are just a part of the current talks surrounding the global financial and economic system. People still ...
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JPMorgan Chase enters generative AI race with IndexGPT trademarkIndexGPT, the ChatGPT rival created by JPMorgan Chase, was registered with the US Patent and Trademark Office (USPTO) on May 11. In April, the CEO ...
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Top 8 Ways Banks Benefit From Blockchain TechFTW Vintage: an article published by FinTech Weekly to highlight how banks can benefit from the use of blockchain technology, something that is bec...
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Big banks are talking up generative A.I. — but the risks mean they’re not diving in headfirstAt the Amsterdam Money 20/20, many were the definitions of generative AI given by bankers. They were positive thoughts and opinions, and even if mo...
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Technology Business Analyst, VPOur people work differently depending on their jobs and needs. From hybrid working to flexible hours , we have plenty of options that help our peo...
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Deutsche Bank Applies for Digital Asset Custody License in Germany: ReportDeutsche Bank, the largest bank in Germany, applied with BaFin (the Federal Financial Supervisory Authority) to get the license for its digital ass...
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Fidelity pushes into European corporate lending as banks retreatFidelity International is exploring European markets. The goal of the company is to provide secured loans to SMEs – something that European entrepr...
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Strategy ManagerWe are looking for a Growth Strategy Manager to help our continued expansion across Europe and the US.
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Banks are in an AI talent war and Revolut launches the 'Ultra' account | Fintech Insider News | 753A new episode of FI podcast to discuss recent fintech news with Jonas Lornell (Majority) and Nadia Edwards-Dashti (Harrington Starr). Among the mos...
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HSBC Hong Kong Launches Support for Bitcoin and Ethereum ETFsCrypto-based financial products will become more popular. HSBC opens futures Exchange Traded Funds (ETFs) based on Bitcoin and Ethereum to its Hong...
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EU reaches deal on capital requirements for banks holding cryptoBanks & Cryptocurrencies. In the European Union, lawmakers agreed on the capital requirements for banks that hold cryptocurrencies. This is a t...
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Product Manager ATMEVO Payments is looking for talented team members.
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PSD3 unveils plans to shake up Open Banking | Fintech Insider News podcast | 755A new episode to discuss recent fintech news. Among the most important events, the European Union plans for open banking.
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SoLo Funds, peer-to-peer loan platform for underserved banking consumers, is expanding to NigeriaFintech in Africa. SoLo Funds, the US community-led lending platform, is expanding to Nigeria to serve unbanked people.
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Manager Software EngineeringAt Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee focused as it is on it...
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PSD3 unveils plans to shake up Open Banking | Fintech Insider News podcast | 755A new episode to discuss recent fintech news. Among the most important events, the European Union plans for open banking.
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SoLo Funds, peer-to-peer loan platform for underserved banking consumers, is expanding to NigeriaFintech in Africa. SoLo Funds, the US community-led lending platform, is expanding to Nigeria to serve unbanked people.
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Manager Software EngineeringAt Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee focused as it is on it...
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Head of Project ManagementAs Head of Project Management, you will assume a critical leadership role within our payments fintech company. This position requires an experience...
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How Mastercard leans on open banking to expand its technologyDiversification is becoming a must for Mastercard, and the set of new products it’s launching proves that. Open banking is becoming a major player,...
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Business AnalystMobilize Financial Services is Hiring talented Business Analyst
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Testament of Excellent BankingAI & banking in Africa – First Bank of Nigeria managed to gather a number of achievements and recognitions. One of its unique features is its ...
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Banking Operations Specialist - PaymentsA Banking Operations Specialist is an expert in operations with in-depth process and tooling expertise. The role is in the Payment Operations team,...
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By ignoring climate risks, GOP politicians cost their states and cities billionsExtreme weather events are always more common, and they’re becoming the rule more than the exception. Despite this, Republicans oppose financial tr...
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UK fintech funding ranks second globally despite drop in volumesDespite the drop in fintech funding, there are some economies that perform better than others. The UK is one of them: the country ranked second glo...
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By ignoring climate risks, GOP politicians cost their states and cities billionsExtreme weather events are always more common, and they’re becoming the rule more than the exception. Despite this, Republicans oppose financial tr...
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UK fintech funding ranks second globally despite drop in volumesDespite the drop in fintech funding, there are some economies that perform better than others. The UK is one of them: the country ranked second glo...
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The many ways contactless payments are transforming mass transitAs we're aware, the pandemic prompted individuals and businesses to reevaluate many routine activities. Financial transactions, which form a core p...
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The many ways contactless payments are transforming mass transitAs we're aware, the pandemic prompted individuals and businesses to reevaluate many routine activities. Financial transactions, which form a core p...
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Singapore fintech firms eye bigger share of bank-dominated payment servicesSingaporean fintech companies are scaling up despite challenges from banks and reduced funding, targeting an increased demand for payment and remit...
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4 FinTech mobile apps facilitating digital banking services in Middle EastThe Middle East, especially nations like UAE, Saudi Arabia, and Kuwait, is witnessing a surge in FinTech mobile app development due to increased mo...
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JPMorgan: Embedded Payments Build New Business Models That Challenge Competitive NormsThe business methods and tools we adopted during the pandemic proved so convenient that they have become permanent fixtures. Eileen Dignen, the Glo...
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A look at the growing use of generative artificial intelligence and chatbots in consumer financial servicesSpecial guests Ron Shevlin and Reggie Young delve into generative AI and chatbots. They explore the revolutionary tools banks and fintechs can depl...
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The A.I. Revolution Is Coming. But Not as Fast as Some People Think.Lori Beer, CIO of JPMorgan Chase, is enthusiastic about AI's transformative potential. Yet, she cautions that AI's full integration into banking is...
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Fed raises concerns over Goldman Sachs's risk oversightThe Federal Reserve (Fed) has issued official warnings to Goldman Sachs regarding risks and compliance. The regulator's concerns are related to the...
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Decoding The Changing Dynamics Between Banks & Fintech CompaniesRitu Singh discusses the changing fintech landscape with her hosts and how it is impacting the banking industry.
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Acquired.com launches Hosted Checkout solutionHosted Checkout, Acquired.com's highly customizable and pre-built solution, is designed to allow merchants to accept credit and debit cards, as wel...
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All that fintech investment had a real impact on banking penetration in Latin AmericaDespite the significant impact of fintech startups in Latin America—a region that is notably underbanked—venture capital volumes have decreased by ...
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VP- Financial Reporting HBCEThe incumbent will be responsible for leading the end to end process of the Production of the Annual and Interim reports of HSBC Continental Europe...
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A European Banking Giant Rises to the Fintech ChallengeConscious of the competition brought by fintech firms, one of the largest banking groups in Europe, Intesa Sanpaolo Group, launched a digital platf...
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Financial Institutions See Technology More Than Ever as Key Differentiator in Customer Experience, Says ISGInformation Services Group, a leading global tech research firm, says that banking and financial firms are navigating economic uncertainty, cyber r...
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Business Analyst - Credit RiskPayU, a leading payment and Fintech company in 50+ high-growth markets throughout Asia, Central and Eastern Europe, Latin America, the Middle East ...
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FinextraTV: Transforming Banking with Artificial IntelligenceFinextraTV hosts Richard Kalas and Simon Thompson to discuss recent developments in fintech, from GFT’s Banking Disruption Index to the next evolut...
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Mastercard presents study on Malta’s fintech sector at FinanceMalta conferenceMastercard participated in the Annual Conference organized by FinanceMalta, sharing insights on the Maltese fintech landscape and a set of strategi...
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Emerging Trends to Incorporate Into Your Fintech BlueprintCredit Union Times analyzes some trends that should be incorporated into fintech blueprints. Among them, open banking and the use of API, embedded ...
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AI Product ManagerAn AI product manager is responsible for developing and actively managing the product road map for data driven AI products being developed at Money...
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Finance infrastructure fintech Weavr to shut open banking payments app CommaFintech firm Weavr discontinues its open banking payments app, Comma, moving towards an API-only solution, leveraging its technology in embedded fi...
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Business Systems Analyst, AnaplanBain Capital, LP is one of the world’s leading private multi-asset alternative investment firms with approximately $160 billion of assets under man...
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The big AI and robotics concept that has attracted both Walmart and SoftbankSymbotic, an AI-driven warehouse technology firm, has garnered attention from giants like Walmart and Softbank. The company provides an AI-powered ...
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You Can't Send AI To Jail — So Use it to Fight Crime. Here's How AI Is Taking Banking Compliance To the Next LevelFintech firms are leveraging AI to navigate the intricate landscape of compliance, with AI-driven solutions offering a competitive edge in the indu...
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Goldman Sachs, JPMorgan, Morgan Stanley tell staff in Israel to work from home amid war with HamasAmid escalating tensions and conflict with Hamas, major Wall Street banks including Goldman Sachs, JPMorgan, and Morgan Stanley have advised their ...
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Intesa Sanpaolo S p A : first european bank to use Artificial Intelligence for regulatory analysisIntesa Sanpaolo pioneers as the first European bank to harness artificial intelligence for regulatory analysis. Adopting the "RegTech" solution, th...
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Bank-fintech partnerships: a delicate regulatory balance must be struckThe fintech sector has evolved from being seen as a competitor to traditional banks to becoming a collaborative partner, ushering in a new financia...
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Goldman Sachs pilots superhuman, generative AI banker projectGoldman Sachs is testing a generative AI initiative aimed at enhancing the productivity of bankers' meetings and strengthening client relationships...
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What are digital bonds and how are they issued?Banks are increasingly exploring blockchain technology for issuing digital bonds, aiming to streamline the traditionally slow and costly debt issua...
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Why is technology best for checking bank customer identities?The Financial Times delves into why technology, particularly artificial intelligence, is increasingly preferred for verifying bank customer identit...
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What bank, fintech execs are saying about AIBefore the Biden administration's significant executive order on AI regulation was unveiled, banks and fintech executives gathered at Money20/20 to...
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Chinese banks jump on AI bandwagon to cut costsChinese banks are adopting artificial intelligence to cut labor costs and boost efficiency, despite facing technical and regulatory challenges. The...
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The future of Blockchain in Banking & Financial Services I Global Fintech Fest'23Dive into the advancements of Blockchain within the Banking and Financial Services sector alongside Sarang Bhoyar and Prof. Himanshu Tyagi at the G...
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The Fintech Files: A sterling effort from JPMorgan’s blockchain armJPMorgan's blockchain endeavors are expanding, with its Onyx division aiming to handle settlements in sterling, building on its experience of manag...
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Fintechs weigh in on the White House's executive order on AIFintech industry experts are observing the impact of the White House's executive order on artificial intelligence, confident in their ability to ad...
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Nubank hits 90 million customers as third-quarter profits soarBrazilian neobank Nubank has reached a milestone with over 90 million customers, primarily in Brazil. The bank reported a significant increase in p...
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London-based Fnality International bags €89 million Series B to establish a global liquidity management ecosystemFnality International, a fintech firm, has raised €89 million in a Series B funding round, led by notable investors like Goldman Sachs and BNP Pari...
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ECB says property slump could last years in threat to lendersThe European Central Bank (ECB) has raised concerns about the prolonged slump in the commercial property sector, which could pose a threat to banks...
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Indonesia: Central Bank Issues Ethical Guidelines on AI for FintechIndonesia's central bank, in collaboration with major fintech associations, has introduced ethical guidelines for AI use in fintech. This move, emp...
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MIA-Fintech brings AI-assisted credit checks to emebedded finance platformMia-Platform has partnered with Genio Diligence to integrate AI-assisted credit checks into its embedded finance platform. This collaboration aims ...
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Where banking and fintech collide: Commercial cards for organizational simplicityDespite stock market fluctuations, the fintech sector has experienced explosive growth, with the number of fintech unicorns reaching 272, cumulativ...
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SSV Capital's CEO Ankur Ghosh discusses SmartPay launch and expanding fintech horizons - ICYMIAnkur Ghosh, CEO of SSV Capital, outlines the company's significant progress, including the London Stock Exchange listing and the upcoming soft lau...
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CaixaBank to develop generative AI with new multi-disciplinary teamSpain's CaixaBank is creating a multi-disciplinary team to develop generative AI, aiming to enhance internal processes and customer experiences. Th...
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India’s assault on unsecured loans hits Paytm and other fintech companiesIndia's central bank has tightened regulations on unsecured consumer loans, impacting fintech lenders like Paytm. The Reserve Bank of India's move ...
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African fintech startup Bloc launches cutting-edge business banking platformBloc, an emerging African fintech startup, has unveiled its new business banking platform in Lagos, Nigeria, designed for modern, tech-savvy busine...
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Manish Bhatia Unplugged: Fintech Trends, Challenges, and LendingKart's BlueprintIn a revealing conversation, Manish Bhatia, a tech industry stalwart with over 20 years of experience, shares his insights on fintech's evolution. ...
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Asia Pacific Fintech 2024: A Balanced VisionIn 2024, Asia Pacific's fintech sector is set to embrace a 'balanced vision,' focusing on stable growth with a prudent approach. A key trend is the...
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Rising fintech trends for 2024: From A2A payments to GenAI in bankingThe fintech market in 2024 is poised for transformative changes, driven by emerging technologies like Open Finance, generative AI, and Account-to-A...
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Innovators Today: Fostering Financial Ecosystem CollaborationYvonne Ng, Regional Director APAC at Elliptic, emphasizes the critical need for collaboration between traditional financial institutions and crypto...
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Fintech Technologies Market to Grow at CAGR of 24.79% through 2032The fintech technologies market is poised for remarkable growth, with a projected CAGR of 24.79% through 2032, expanding from USD 136.73 billion to...
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5 Fraud Management platforms safeguarding banks in EuropeThe FinTech industry is facing a surge in fraud and financial crime, driven by advanced technologies like mobile banking and digital payments. Crim...
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Pioneering change: Evolving products and technology in the time of regulatory shifts within financial servicesRecent regulatory guidelines from the Reserve Bank of India (RBI) are significantly impacting the Indian financial services sector, initiating tran...
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Phalanx Impact Partners Announces Strategic Investment in Dallas-Based FinTech Company CollateralEdgePhalanx Impact Partners, focused on environmental and community betterment, invests in Dallas-based FinTech firm CollateralEdge. The innovative sol...
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Cyber and fintech risk policies rejigged in a few central banksRisk Management Benchmarks 2024 report indicates only a quarter of central banks (25.8% of 31 surveyed) revised their cyber security and fintech ri...
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The Fintech Files: Banks are going after fintechs. Should they be worried?HSBC's new FX app, Zing, marks its latest venture in the fintech arena, following partnerships and investments in platforms like Tradeshift and Mon...
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European fintech aims to provide hassle-free crypto-to-cash conversionsIn addressing the critical challenge of slow crypto-to-cash conversions that hampers broader cryptocurrency adoption, Renegade, a Web3 financial pl...
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Government confirms privacy protections for digital poundThe Bank of England and the UK Treasury have assured that user data associated with the proposed digital pound, a state-backed cryptoasset, will re...
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Agricultural Fintech Traive Secures $20M for Expansion and New Product LaunchBanco do Brasil has led an investment in Traive through the BB Impacto ASG I Fund to support technological innovation, operational expansion in Bra...
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Central banks are adopting AI despite inherent risksA study by the Bank for International Settlements (BIS) on central banks' use of artificial intelligence (AI) has highlighted potential risks with ...
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Generative A.I.’s Biggest Impact Will Be in Banking and Tech, Report SaysA new era of artificial intelligence, highlighted by technologies like OpenAI's ChatGPT, is expected to significantly affect high-paying white-coll...
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Bankwell Bank pilots generative AI in small-business lendingBanks are exploring generative AI's potential, particularly in small-business lending, to streamline the loan application process. These AI models,...
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Will 2024 Be The Year That Generative AI Comes To Financial Services?The anticipation surrounding the integration of generative AI technologies like ChatGPT into the financial services sector is high, with prediction...
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Bankwell Bank pilots generative AI in small-business lendingBanks are exploring generative AI's potential, particularly in small-business lending, to streamline the loan application process. These AI models,...
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Will 2024 Be The Year That Generative AI Comes To Financial Services?The anticipation surrounding the integration of generative AI technologies like ChatGPT into the financial services sector is high, with prediction...
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Bankwell Bank pilots generative AI in small-business lendingBanks are exploring generative AI's potential, particularly in small-business lending, to streamline the loan application process. These AI models,...
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Will 2024 Be The Year That Generative AI Comes To Financial Services?The anticipation surrounding the integration of generative AI technologies like ChatGPT into the financial services sector is high, with prediction...
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JPMorgan sued by chief executive of fintech it co-ownsHaris Karonis, founder and CEO of Viva Wallet, a fintech co-owned by JPMorgan, has initiated legal action against the banking giant, alleging that ...
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Nigeria's Carbon buys Vella Finance for AI-powered business bankingCarbon, established in 2016 and known for providing instant loans, BNPL services, savings plans, and a debit card to Nigerians, is expanding into t...
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Boosting credit risk assessments in banking with AISimone Mensink of IG&H and Hein Wegdam of ING Real Estate discuss the future of credit assessment, focusing on combining artificial intelligenc...
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The Use of GenAI and Embedded Finance in Non-banking and Fintech ApplicationsArtificial intelligence (AI) is revolutionizing the financial sector, enabling fintech and financial services to develop advanced embedded finance ...
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Bud & Fintech Galaxy bring AI-led Open Banking solutions to MENABud Financial, a leading data intelligence platform, has partnered with Fintech Galaxy, a pioneer in open banking and financial innovation, aiming ...
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Fintech employees trained in AI in just over one-third of central banksThe Fintech Benchmarks 2024 report reveals that most central banks lack staff training in artificial intelligence (AI), with only 37.1% of 35 surve...
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How AI and Machine Learning Are Shaping FintechFintech has undergone significant transformation recently, largely driven by advancements in artificial intelligence (AI) and machine learning (ML)...
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IEC Expands Global Footprint with MRAL Spain Launch, Leverages AI in Consumer LendingInvestment Evolution Credit plc (IEC), a prominent global fintech group, has unveiled a strategic partnership that has led to the formation of MRAL...
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How are Microsoft and HSBC using AI to transform financial services?Banks are intensively enhancing their AI capabilities across all operations, investing heavily in both technology and personnel. This episode delve...
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Banks Risk Losing Billions of Dollars in a Few YearsIn a tech-advanced yet paradoxical world, the slow adoption of innovative payment technologies stands out. The gradual success of systems like Expr...
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Banks Invest in United Fintech as Digital Transformation Gap WidensBNP Paribas and Citi have taken a pioneering step by investing in United Fintech, a digital transformation platform that is gaining attention amids...
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Swiss fintech nsave gets $4M to enable people from unstable economies to open offshore accountsSwiss fintech startup nsave, aimed at democratizing access to Swiss banking for individuals in countries plagued by unstable banking sectors or ram...
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HSBC & HKSTP join forces to fuel FinTech landscape in Hong KongThe Hong Kong Science and Technology Parks Corporation (HKSTP) and HSBC have launched a three-year strategic partnership to foster innovation and e...
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Synctera is the latest banking-as-a-service startup to lay off staffSynctera, a Banking-as-a-Service (BaaS) startup, has undergone restructuring, leading to a workforce reduction, the company confirmed to TechCrunch...
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Rakuten Group aims to integrate bank, fintech unitsRakuten Group is set to merge its fintech divisions into a single unit to enhance collaboration and customer acquisition, spanning online banking, ...
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How Nigeria can leverage the rise of fintech for economic progressFintech is revolutionizing Nigeria's banking, enhancing financial service reach and efficiency, and contributing significantly to the African finte...
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‘Outside of the banks’: Swiss fintech startup to help customers from struggling economiesSwiss fintech nsave, co-founded by Amer Baroudi, offers secure foreign accounts to individuals from economically unstable regions to protect their ...
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MENA’s banking and finance sector embraces the digital tideTechnology is reshaping banking and finance in the Middle East, driven by a youthful population, high mobile usage, and government initiatives towa...
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Fintech Revolut bets on Mexico growth, expects remittances as driverFinancial technology firm Revolut plans to invest over $100 million in Mexico this year, capitalizing on record remittance flows, according to the ...
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Banks Leverage FinTech Partnerships to Ride Digital Transformation WaveThe digital transformation in banking is being driven by strategic partnerships that enhance customer experiences and streamline operations. An exa...
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How US Banks Can Get Ready For Open BankingThe Consumer Financial Protection Bureau is on track to finalize its open banking rule this fall, mandating that financial institutions nationwide ...
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Nigeria restricts fintech onboarding to stop KYC-evading crypto investorsThe Central Bank of Nigeria (CBN) has ordered four fintech companies, OPay, Kuda Bank, Moniepoint, and PalmPay, to halt the onboarding of new custo...
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Digital fraud-hit banks turn to startups to cope with risksIndia's digital banking ecosystem is experiencing a significant increase in attacks by fraudsters, prompting legacy financial institutions to seek ...
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Central banks prepare for the rise of AIChia Der Jiun, managing director of the Monetary Authority of Singapore (MAS), and Eddie Yue, chief executive of the Hong Kong Monetary Authority (...
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FinTech Skyro taps ADVANCE.AI to secure financial access in the PhilippinesSkyro, a FinTech licensed by the Securities Exchange Commission (SEC) in the Philippines, has forged a partnership with ADVANCE.AI, a leading provi...
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How Financial Services Companies are Using Artificial IntelligenceArtificial intelligence is revolutionizing the financial services industry. Banks and fintech firms are increasingly adopting AI technologies to en...
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Regulators must be wary of AI’s ‘invisible hand’ – BoE officialRegulators must exercise caution in addressing the lack of clarity surrounding artificial intelligence breakthroughs, a Bank of England official st...
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Philippine fintech app MarCoPay addresses seafarers' needsFintech startup MarCoPay is expanding its financial services for Filipino seamen by offering QR-code payments and loans, tailored to meet their uni...
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EU watchdog says banks must take full responsibility when using AIBanks and investment firms in the European Union must uphold boardroom responsibility and their legal obligation to protect customers when using ar...
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Introducing Wise: A Conversation with Julie Arnoux at Money 20/20 EuropeJulie Arnoux, Commercial Lead for Europe at Wise, gives a 30-second overview of Wise in her interview at Money 20/20 Europe.
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Applications open for 7th $50k Ecobank Fintech ChallengeThe pan-African Ecobank Group has opened applications for the seventh edition of its Fintech Challenge, offering $50,000 in prize money. Serving ov...
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Over 44% of U.S. consumers embrace AI in banking, prioritise fraud detection–with a few caveatsU.S. banking customers are increasingly open to the idea of artificial intelligence (AI) in their personal banking, according to a new report. The ...
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European Commission opens consultation on AI in financeThe European Commission (EC) opened a consultation on the use of artificial intelligence (AI) in financial services on June 18. Responses will info...
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Nubank acquires HyperplaneNubank, the Brazilian neobank, has acquired the AI platform Hyperplane seven months after its $6 million seed funding round. This move aims to stre...
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Podcast on Generative AI in Fintech: Unraveling the hype with PerfiosIn a recent podcast, Shashank Shekhar, Co-founder and Head of Consulting at The Digital Fifth, and Alok Kumar, Chief of Engineering at Perfios, exp...
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EU central banks don’t want to ‘over-regulate’ AIEuropean central bank officials aim to avoid over-regulating artificial intelligence (AI) amid uncertainty about its impact on the financial sector...
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This is just the beginning: UBS sees how artificial intelligence is changing the banking industryUBS has noted changes in the interactions between customers and bank employees due to artificial intelligence, according to Sabine Keller-Busse, Pr...
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Can tokenisation narrow the global trade finance gap?As tokenized assets transition from blockchain and decentralized-finance startups to traditional finance, mainstream lenders are intensifying effor...
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Top 10 fintech innovations transforming the financial sectorIn a world where technology and finance converge, fintech innovations are revolutionizing the banking industry. Mobile-only banking and blockchain ...
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Watch for the Trump Trade in Banking and Big OilDespite being wounded in an assassination attempt, Donald Trump entered this week with improved betting odds of becoming the next U.S. president, a...
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Donald Trump mulls Jamie Dimon for US Treasury, won't try ousting Fed's PowellDonald Trump has stated he will not attempt to remove Federal Reserve Chair Jerome Powell before the end of his term and is considering JPMorgan CE...
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EP61 - AI-Driven Banking TransformationDelve into the revolutionary influence of artificial intelligence (#AI) and emerging technologies on the finance and banking sectors. These advance...
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Leveraging Artificial Intelligence for optimal performance by Nigerian banksThe Nigerian banking sector is poised for a major transformation with the integration of artificial intelligence (AI). Tier 1 banks in the country ...
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EP61 - AI-Driven Banking TransformationDelve into the revolutionary influence of artificial intelligence (#AI) and emerging technologies on the finance and banking sectors. These advance...
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Leveraging Artificial Intelligence for optimal performance by Nigerian banksThe Nigerian banking sector is poised for a major transformation with the integration of artificial intelligence (AI). Tier 1 banks in the country ...
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EP61 - AI-Driven Banking TransformationDelve into the revolutionary influence of artificial intelligence (#AI) and emerging technologies on the finance and banking sectors. These advance...
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Leveraging Artificial Intelligence for optimal performance by Nigerian banksThe Nigerian banking sector is poised for a major transformation with the integration of artificial intelligence (AI). Tier 1 banks in the country ...
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EP61 - AI-Driven Banking TransformationDelve into the revolutionary influence of artificial intelligence (#AI) and emerging technologies on the finance and banking sectors. These advance...
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Leveraging Artificial Intelligence for optimal performance by Nigerian banksThe Nigerian banking sector is poised for a major transformation with the integration of artificial intelligence (AI). Tier 1 banks in the country ...
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Tech tycoon’s arrest dents South Korea’s fintech and AI ambitionsThe arrest of South Korea’s top tech entrepreneur has thrown a major company into disarray, with potential repercussions for the banking sector and...
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This Organization is Funding the Finternet, One Fintech at a TimeIn many established markets, transferring money is effortless, often just a tap or scan away. However, over 1.4 billion people globally lack access...
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Rural fintech startup Jai Kisan acquires Kushal Finnovation Capital, inherits NBFC licenceJai Kisan, a rural fintech startup, has obtained an NBFC license through its acquisition of Kushal Finnovation Capital Private Limited. This licens...
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Revolutionising Business Banking With Cutting-Edge Fintech Solutions: WegofinWegofin is an innovative fintech platform that streamlines payment processing and financial management for businesses in India. By utilizing advanc...
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Why Every Indian Fintech Now Wants To Be An NBFCIn the crowded fintech space, small-ticket loans are emerging as one of the few profitable avenues. Fintech firms currently rely on partnerships wi...
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HKMA launches GenAI sandboxThe Hong Kong Monetary Authority (HKMA) has launched a generative artificial intelligence (GenAI) sandbox, allowing banks to experiment with the te...
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893. News: Banking could face major job losses, Atlantic Money to challenge SWIFT, US regulatory approval for OakNorthHosts Benjamin Ensor and Nadine Timmer-Bodenstein, joined by special guests, dive into this week's major fintech and financial services news. Key t...
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Banks Will Lose Opportunities If They Don’t Work With Fintechs: Axis Bank MDAxis Bank MD and CEO Amitabh Chaudhry warned that banks risk missing valuable opportunities if they don't collaborate with fintech startups. He not...
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NZ fintech in process of launching first bank designed for Open Banking and AINew Zealand fintech company Debut is gearing up to become the country’s first locally-owned bank tailored for an open banking environment and drive...
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Central banks may face volatile inflation for years to come, ECB's Lagarde saysChristine Lagarde, President of the European Central Bank, warned that profound economic changes—ranging from deglobalization to rapid technologica...
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News: JPMorgan poised to take over Apple Card, US Senators push for BaaS crackdown, H1 2024 fintech deals down 50%This week on the fintech show, host David Barton-Grimley and guests Kevin Fox of Thredd and Sophie Winwood of Foxe Capital discuss major industry d...
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Banks bet on a tech surge. It’s paying off big time as AI, software bring ‘sea change’ in productivityBankers are generating record revenues for their companies, thanks to technological advancements like online banking and artificial intelligence. S...
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We're only in 1996': Why the AI boom is still in its earliest days, according to Bank of AmericaAmid growing skepticism over artificial intelligence investments, Bank of America maintains that the AI boom is just beginning, drawing parallels t...
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Sterling Bank Migrates To Africa’s First Indigenous Core Banking SystemIn a groundbreaking move for African banking, Sterling Bank Limited has adopted SeaBaaS—the continent's first indigenous core banking solution deve...
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Fintech Tackles Financial Exclusion Head-on With Innovative SolutionsFinancial exclusion occurs when individuals are unable to access mainstream financial services, reinforcing poverty and inequality. Banking access ...
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Lloyds Bank uses artificial intelligence to check trade finance documentsLloyds Bank is enhancing its trade financing sales by incorporating artificial intelligence (AI) to automate the document-checking process, ensurin...
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News: After Dark - Revolut to target Middle East, Chase set to offer UK credit cards, and 28% targeted by voice-cloning scamsHosting a live broadcast from St Michael and All Angels Church in London, Kate Moody and Jamie Campbell presented Fintech Insider News with special...
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MercadoLibre's fintech arm applies for banking license in MexicoMercado Pago, the fintech division of Latin American e-commerce giant MercadoLibre, announced on Wednesday that it has applied for a banking licens...
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AI is Unpredictable and the Destruction is Going to be Big in Fintech — Dave BirchAt the sixth annual conference of the Financial Technology Service Providers Association in Kampala, keynote speaker Dave Birch explored pivotal te...
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Future Banking Will Track Emotions: The Emotional AI Frontier In FinanceAdvancements in artificial intelligence and emotional analytics could make banking more personal—and more invasive—than ever before. Financial inst...
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FinTech Automation Launches Unique Card Issuance Solution for Banks and Credit UnionsFinTech Automation has launched ChargeIt™, a new card issuance platform that allows banks, neo-banks, and credit unions to create customized card p...
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The Impact of Open Banking on International TransfersOpen banking has transformed the financial industry by reshaping how data is shared, promoting transparency, security, and innovation in banking. I...
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Fintech Banking Doomed To Disappear, But Customers Will BenefitFintech companies rely on partner banks for access to the banking system, but many banks are withdrawing from this role. Without these crucial bank...
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News: The BBC attacks Revolut, banks behaving badly, and fintech makes the world a better placeHosts Laura Watkins and Dave Morris, along with guests, discuss key fintech and financial services news this week. Topics include a BBC investigati...
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Joel van Dusen on how Mashreq is driving innovation in bankingBanks in the Gulf Cooperation Council (GCC) region are undergoing rapid transformation to meet the growing demand for more personalized banking exp...
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News: Stripe drops $1,1 billion on Bridge, Capital One and Minna Tech team up, and the US gets open banking regulationsStripe’s $1.1 billion move to acquire Bridge highlights the stakes in digital payments, especially with U.S. open banking rules in flux. While fint...
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Bank of England gets ready for CBDC in case banks fall throughThe Bank of England’s cautious steps toward a digital pound reflect a readiness to stabilize payments should private innovations falter. With centr...
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Traditional Finance Eyes Tokenization, But BIS Warns of Risks – ReportTokenization promises efficiency gains for traditional finance, but the Bank for International Settlements warns of risks in governance and legal f...
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What does Trump’s victory mean for banks, tech, fintech and the future?The Tower. Experts predict that Trump’s fiscal policy changes could drive market volatility, with tax cuts likely to benefit equities and banks. Bu...
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How Trump will transform banking regulation — even with Powell at the FedThe Emperor. Trump’s election brought an 8% surge in bank stocks, spurred by expected regulatory relief and potential tax cuts. The Republican Sena...
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News: LATAM fintech is booming, Metrobank slapped with a hefty fine, and why Klarna chose NYC for its IPOAmid the race for innovation, fintechs are carving their paths globally. LATAM’s Nubank and Ualá showcase regional growth, while Klarna eyes a U.S....
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Temenos Powers On-Premises Generative AI For Real-Time Banking With NVIDIA Accelerated ComputingIn the pursuit of smarter banking, Temenos brings NVIDIA-powered generative AI to financial institutions, enabling secure, on-premises data process...
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News: 'Black Fraud Day' warning for shoppers and Revolut hits the big 5-0From Revolut’s milestone of 50 million users to Chase UK launching its first credit card, fintech continues reshaping financial services. Meanwhile...
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JPMorgan’s AI Rollout Is Augmenting Jobs, Not Replacing ThemJPMorgan’s generative AI rollout is enhancing, not replacing, jobs. Tools deployed in asset and wealth management are empowering bankers to work mo...
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News: UK lenders brace for massive payouts and is the FCA 'incompetent'?Benjamin Ensor and guests dive into pivotal fintech updates: UK regulators face scrutiny, UniCredit eyes a major acquisition, Checkout.com expands ...
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Generative AI in Banking and Financial Services: Revolutionizing Regulatory and Legal AnalysisThe BFSI sector stands to gain transformative benefits from Generative AI, from enhancing compliance to improving decision-making. However, navigat...
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Payments, Banking and Beyond: Thomas Priore on How Fintech Is the Future of FinanceFintech companies, like Priority under CEO Thomas Priore, continue to revolutionize payments by offering integrated digital tools for businesses of...
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News: Current eyes profitability, VRPs, and who's on Santa's fintech naughty list?Benjamin Ensor and guests recap the year’s final stories, including Current’s fundraise, Tyme's $250M unicorn status, and Visa and Mastercard's glo...
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CFPB sues Walmart, fintech partner for illegally opening accountsThe CFPB alleges Walmart and Branch Messenger Inc. compelled Spark drivers to use costly bank accounts under threat of termination. The lawsuit rai...
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A running list of BaaS banks hit with consent orders in 2024Federal regulators maintain pressure on banks partnering with fintechs, with enforcement actions focusing on Bank Secrecy Act failures. While actio...
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Fintech Enfuce and Alisa Bank Introduce Business Credit Card for SMEs in FinlandFinland’s digital bank Alisa Bank teams up with Enfuce to launch a Visa business credit card for SMEs. This partnership aims to reshape SME banking...
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Top 10 Trends For Banking In 2025 – The Future Is BackAs banks embrace AI, data, and cloud technologies to reinvent themselves, they face a paradox.
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Goldman Sachs CEO says that AI can draft 95% of an IPO prospectus in minutesGoldman Sachs CEO sees AI as a game-changer, cutting down on repetitive tasks like writing financial documents.
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Human-in-the-loop approach needed for AI to work effectively, say experts at BFSI summitExperts at the Mint BFSI Summit stress that not all banking products can be fully digitized, exposing AI’s current boundaries.
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U.S. Bank scouts for agentic AI as age of ‘do it for me’ awaitsU.S. Bank’s innovation team explored agentic AI at CES, spotlighting its transformative potential in financial services.
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How AI Is Transforming Banking and What It Means for Your MoneyAI has turned banking on its head, eliminating long queues and paperwork—but how will it reshape the way you manage your money?
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News: DORA is here, HSBC shuts down Zing, and is Nubank coming to the UK?In the meantime in fintech, the UK’s PSR is driving payments innovation, Belvo is teaming up with J.P. Morgan in Mexico, and Nu Holdings is conside...