Category : Fintech News

SPOTLIGHT ASIA: Societe Generale Eyes Transformation Success With Incubator Launch

French multinational investment bank Societe Generale is helping fintechs specialised in financial markets turn their ideas into innovative services. Here Jerome Niddam, Head of Global Markets for Asia Pacific at Societe Generale, explains why it has...

Trade and Investment Between Asia and The Middle East and Africa Region in 2020: Fintech, Tech, Financial Services and Beyond

The world’s largest continent by both population and landmass, Asia, and the Middle East and Africa (MEA) region have common trade and investment opportunities and the potential to grow that even further. This plays true in the fintech, wider tech an...

Nucleus Commercial Finance: How Open Banking Is Transforming SMEs Financial Lives

At Nucleus Commercial Finance the business is currently reporting a 90-95% opt-in rate from their users to Open Banking functionalities. This allows the user’s various financial accounts data to be aggregated within Nucleus’ proprietary user portal a...

Subscriptions – the Ultimate Destination for Fintech Partnerships

In our series on Partnerships, we have so far seen how fintech collaborations are helping consumers, banks and the high-street – but a new type of financial model, the subscription, is where the concept of fintech partnerships could play its bi...

How Fintech has Impacted Online Gaming

FinTech stands for Financial Technology and is a broad term used to encompass any process, service or software which aims to make dealing with finances and financial transactions easier for businesses and the individual. For most of us, this means pa...

Socure Launches Fully-Automated Document Verification Solution

Socure, a leader in Day Zero digital identity verification, has announced DocV, a fully-automated omnichannel document verification service that expedites onboarding, reduces fraud, and works to eliminate costly manual reviews. Combining the power an...

Plaid: Smart Regulatory Divergence – Where To Next for UK Fintech?

As Brexit negotiations being to heat up, the issue of regulation continues to raise its thorny head. The Chancellor, Rishi Sunak, has already said that the government will “review our regulatory framework on financial services” and that “not be...

Central Bank of Bahrain Launches First Digital Fintech Lab in the Region

The Central Bank of Bahrain, in cooperation with the Bahrain Economic Development Board, Bank ABC, ila Bank, BENEFIT, National Bank of Bahrain (NBB) and Bahrain Islamic Bank (BisB), has announced the launch of FinHub 973, the first comprehensive digi...

Highlights in Fintech in the Middle East and Africa: Events and Initiatives October 2020

The FinTech Times highlights some of the key events and initiatives that happened in the Middle East and Africa (MEA) in October. Due to the pandemic, as is the rest of the world, events and initiative have mostly went virtual. Here are some of them...

New Report Finds Entrepreneurs From Ethnic Minority Backgrounds Experience Worse Business Outcomes

Black business owners and those from Asian and Other Ethnic Minority backgrounds face persistent disparities in business outcomes, with systemic disadvantage playing a key role. This was revealed in a new report ‘Alone together: Entrepreneurshi...

Tink: What Makes a Good Bank-Fintech Partnership?

Bank and fintech partnerships are booming as the shift in the financial industry is taking everyone in the same direction — towards data mobility and digital-native solutions, both of which are enabled by the open banking ecosystem. Our 2020 open ban...

Google Releases Document AI Solution to Automate Procurement Data Capture

Google Cloud has announced its newest solution, Procurement DocAI, to automate procurement data capture at scale (e.g. invoices and receipts.) announced at Google Cloud NEXT: OnAir, the solution will take unstructured documents across a variety of fo...