Category : Fintech News

Things Lie About Their Identities Just Like People Do

Everywhere you look, the lack of an infrastructure for digital identification, authentication and authorisation is the source of chaos, confusion and crime.

Emirates NBD Launches Enhanced Mobile Banking app ‘ENBD X’; With Embedded Digital Wealth Platform

Emirates NBD, the banking group in MENAT (Middle East, North Africa and Türkiye), has successfully completed launched its enhanced mobile banking app, ‘ENBD X’. ENBD X is now available to all Emirates NBD customers, with new customers abl...

The Payments Association Sets Out Government Recommendations For New Financially at Risk Groups

The cost-of-living crisis continues to expose new groups of people to financial pressures. With warnings of a ‘mortgage meltdown’ and the number of people opting to make cash payments increasing for the first time in a decade in September 2023, The P...

Robocash Finds Latvia and Estonia Lead P2P Development, Displacing the UK From Top Spot

Robocash, the Croatian-based investment platform, has identified the Baltic states to be a hot spot for peer-to-peer (P2P) lending. Forty-three per cent of the 49 platforms examined are based in the region following the high demand of “Eastern&...

Mondu Launches B2B Digital Trade Account to Ease Frequent Buyer Challenges

Mondu, a B2B payments company, has launched a new payment solution: Digital Trade Account. Mondu’s new product offering enables B2B merchants and marketplaces to provide their business customers with a trade account, allowing them to consolidat...

OneID Enables Sumsub to Launch Non-Document Verification in the UK

Sumsub, the full-cycle verification platform, is enabling its customers across a variety of different industries to onboard new users using official bank records. This has been made possible by Sumsub’s Non-Document Verification solution which...

KPMG Highlights Jordan’s Banking Sector Stability Despite Global Challenges in Latest Publication

KPMG Jordan, the audit, tax, and advisory service provider, has released the second publication in its annual series: ‘Banking Perspectives: Jordan 2023’, titled ‘A new era of banking’. The multinational accounting organisatio...

How AI Can Help Boost Inclusion Across The Fintech Industry?

Fintech has long employed automation, machine learning, and AI. What regulations and governance do we need to ensure it represents everyone fairly?

EBANX Furthers Expansion into Africa; Adding 8 new Countries to its Ecosystem

EBANX, the global tech company specialising in payments for rising markets, is expanding its operations to eight more countries across the African continent. This strategic expansion by EBANX follows its successful entry into the African market in S...

Temenos Delves into World of CBDCs as Report Reveals Digital Payment Tendencies

A new report from Temenos, the banking platform, has revealed the move to digital is firmly upon us. Cash is on the decline with 24 per cent of US adults admitting to never or rarely using it. A further 58 per cent believe all payments to be digital...

Behind the Idea: Swan

In the past, embedding banking services into business products has proved to be a difficult task; especially for smaller businesses. However, times now appear to be changing as more options become available, easing the process. One such firm providi...

Bank of England Interest Rate Unchanged in Light of Falling Level of UK Inflation; Industry Reacts

The Bank of England has officially revealed that it plans to leave interest rates unchanged – ending a consecutive streak of 14 base rate hikes. On Wednesday 20 September, the Office for National Statistics revealed that inflation in the UK fe...

The Blockchain Bill That Doesn’t Mention Blockchain: U.K. Leads The Digital Space Race In Trade

The Electronic Trade Documents Act's powers commenced this week transforming a paper bill of lading into a digital asset, optimally suited for blockchain smart contracts.

Froda Utilises Visa Direct Push-Payment Functionality to set ‘new Standard’ for Business Lending

Hoping to enable more seamless payouts and repayments for businesses across Europe, Swedish fintech Froda has joined forces with global payment providers Visa and Checkout.com to introduce push-payment functionality for business lending. Froda has re...

NMI: Why Big Tech Payment Offerings Fail to Meet Every Merchant’s Needs

While big tech companies have recently become major players in the payments space, their offerings may not always get the job done for all businesses because they can’t cater to all of the niche offerings that more verticalised businesses require. M...

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