Category : Fintech News

Understanding Cyber-Attacks on Banks and the Current Cybersecurity Landscape

What is the current cybersecurity landscape in banking? ATMs and central servers, which are the systems that control ATMs, have become a popular target for cyber-attacks, and the pressing issue is growing worldwide. 58.16% of respondents to the ATMIA...

FISCAL Technologies Say Procurement Fraud in Public Sector Should be Defended Through Proactivity

The UK government’s recent announcement to provide advice helping local councils fight procurement fraud, follows a succession of reports on local government lost income, fraud and corruption. With unique demands – such as the temporary changes to th...

Deliveries Start for 15-Minute Supermarket App Weezy After £1m Pre-Seed Funding Secured

The UK’s first on-demand supermarket that delivers groceries in 15 minutes is now live, after securing £1m pre-seed investment from Heartcore Capital as well as the backers and former executives of Ocado, Tesco, Sainsbury’s Chop Chop and Deliveroo. W...

Seniors Beware: Scam Artists Want Your Money

Seniors beware: Scammers want your money.

Incoming Liquidity Stress Regulations and the COVID-19 Impact

During times of crisis, investors become particularly risk-averse. In March, during the height of the pandemic, investors were quick to pull their money out of investment funds worldwide, with the S&P falling by around 34%, according to Bloomberg...

Who Wants Google To Be Their Bank?

A July 2020 survey asked consumers what they would do if Google offered a checking account. More than a quarter said they would open an account. Who are these consumers and what impact will this have on the banking industry?

Providing VSAT Connectivity to New Social Enterprise in Malawi

With a population of 19 million (2020) and a gross national income per capita per year of only $360, according to the World Bank in 2018, land-locked Malawi in Africa currently has two mobile network operators and one fixed-line operator. However, in...

Gobear and Unionbank Partner to Launch Lending as a Service in the Philippines

GoBear, Asia’s leading financial services and data platform and UnionBank of the Philippines (UnionBank), a leading digital bank in Southeast Asia, have launched a first-of-its-kind Lending as a Service (LaaS) partnership in the Philippines. This com...

Climate Change And Equity Capital Allocation

Equity capital allocation fully ignores environmental risks to date. Blackrock issues Engagement Priorities, BP attempts to reduce its carbon footprint and Danone uses a carbon adjusted EPS. But what would an environmental risk adjusted equity capita...

The Great Chinese Money Experiment is Over

China’s 800 year experiment with paper money is almost over, and they’ve decided that its not going to be extended.

Financial Services Firms in Canada are Moving to Adopt FDX Technical Standards for Secure Financial Data Sharing

Financial Data Exchange, LLC (FDX) has officially launched in Canada, with 31 organizations leading the country’s financial services ecosystem in joining FDX and taking part in its mission to develop a secure, common, interoperable, flexible and roya...

Finexio Partners With Billtrust To Meet Growing Demand for Digital Payments And Expand Supplier Network

Finexio, a fintech company offering a comprehensive accounts payable payments-as-a-service solution, today announces its partnership with Billtrust, the leader in B2B order-to-cash solutions, to provide faster digital payments to its suppliers and su...

Yolt wins best personal finance app at the Wealth & Finance FinTech Awards

Following the recent announcement that yolt is heading into a substantial beta phase for a new alliteration of the app, it’s today been announced that the smart thinking money app, has been awarded the title of ‘Best Personal Finance App’ at the Weal...

Turkey’s Fintech Landscape has “Potential to Grow” According to Global Kapital Group

Turkey’s geographical position make the country a three-way bridge between Europe, the Middle East and Asia, something unique for many centuries that made the country influential and important. Today, fintech’s growth is also one that the country, an...

Launching a new and Fully Customisable Digital Banking app in Bahrain

One of Bahrain’s banks, Al-Salam Bank, has announced the launch of its new state-of-the-art digital banking app. It will offer a full suite of mobile banking services, including family accounts, digital onboarding, and a comprehensive range of...