Banking as a Service: What It Is and Why It’s Important
Banking as a service has a huge potential, expected to reach mainstream adoption within two to five years. Let’s discover the basic mechanisms and perspectives of the BaaS industry.
Fintech & Ecommerce - page 89
BNY Mellon and Fiserv Partner on Real-Time FX Rate Quotes
The partnership between Fiserv and BNY Mellon brings US financial institutions one step closer to fast and easy cross-border transactions
Web3 Social Wallet Tribes Launches
Tribes, a Web3 messaging and group wallet app, launched after receiving $3.3 million a pre-seed funding round.
B2B BNPL Playter Launches Credit Solution Paid
The UK-based provider of B2B Buy-Now-Pay-Later (BNPL) services Playter now allows suppliers to offer out BNPL payment plans to their customers
Nova Credit Allowed to Provide Credit References in the UK
Nova Credit is a cross-border consumer credit bureau that uses first-party data to enable immigrant consumers to apply for financial services using their international credit history
Virtual Fintech: Banking in the Metaverse
The buzzword of today – metaverse – drives closer attention and huge investments from all major tech players. Retailers and banks cannot stay behind.
ONE Group Partners Fintech Know Your Customer
The collaboration of UK-based provider of financial services ONE and Know Your Customer aims to streamline onboarding operations for business customers, using the Modular Compliance solutions
PhonePe’s Valuation Doubles Over $12BN
The valuation of the Indian fintech giant PhonePe has more than doubled and exceeded $12 billion in a new round of financing.
BNPL Startup Tabby Raises $58M to Expand Product Line
The $58M funding round will allow Tabby to expand its BNPL offering and support the company’s growing operations
HashKey Capital Raises $500 Million for Web3 Fund
Digital asset manager HashKey Capital will be investing $500 million into advancing blockchain initiatives in emerging markets.
Peel Hunt Analysts Optimistic About Fintech Prospects
Analysts of the Peel Hunt investment bank are convinced that the financial technology industry will actively develop.
Binance Launches Institutional Trading Platform
Almost a year after the service was officially rolled out, Binance finally launched its institutional trading collateral custody platform.
Merchants Will Spend $28B on Financial Crime Prevention Software in 2027: Report
Juniper Research estimates that global spending on financial crime prevention software tools will rise from $22.1 billion in 2023 to over $28.7 billion by 2027
Fintech Kwara Raises $3M Seed Extension, Partners Over 4,000 Credit Unions
Kenyan fintech Kwara, which turns analogue credit unions into modern digital banks, has raised a $3 million seed extension, preparing for the enormous expansion
Seoul Government Opens City’s First Metaverse Project
According to Seoul’s mayor, Oh Se-hoon, the new virtual environment will allow residents to access official documents, file complaints, and receive help with filing taxes.
Alibaba Sells Stake in Paytm
Chinese e-commerce giant Alibaba Group has sold a 3.1% stake in Indian digital payments company Paytm.
Fintech & Ecommerce
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