$900Billion Metaverse Market Won’t Exist as ‘One Singular Platform’, Bain & Company Report Explains
Most headlines across the last six months have been dominated by artificial intelligence (AI) in one way or another. Meanwhile, the ‘hype’ surrounding other emerging technologies including the metaverse appears to have died down. Despite this, the metaverse could reach up to $900billion dollars by 2030, according to new research released recently by management consulting […]
How Are Fintechs Ensuring Financial Inclusion?
Next week, between 16 – 19 October 2023, the Center for Financial Education will host the eighth iteration of Financial Inclusion Week. As the industry gears up for the event, we reached out to find out what organisations are doing to ensure they’re going the extra mile to be financially inclusive. Digitisation and the use […]
Fusion by J.P. Morgan Integrates Cloud Tech To Retrieve Critical Investment Data
Cloud technology is quickly being picked up in the fintech world, with J.P. Morgan, the investment banking firm, being the latest to implement the technology in its offering. Fusion by J.P. Morgan (Fusion) enables investors to retrieve critical investment data held by J.P. Morgan’s Custody, Fund Accounting and Middle Office services. It uses cloud-native channels […]
Colombian Remittance Market Bolstered as TerraPay Partners With Bancolombia
TerraPay, a global payments network and Bancolombia, a Colombian remittance organisation have partnered to enhance financial inclusion for Colombians. This will be especially beneficial for Colombians living abroad who need secure, real-time payment solutions. TerraPay’s reach and agile infrastructure connects 100 remittance companies in the world. In turn, this enables the flow of payments between […]
Latvia Fintech Pulse 2023 Creates Roadmap For Potential Investors
The Fintech Latvia Association has presented its second industry report, ‘Fintech Pulse 2023’ at the FinTech Forum. It explores the main trends in the fintech sector within the country and out, and serves as a roadmap for potential investors. The Fintech Latvia Association report provides both industry experts and public sector representatives with conclusions and […]
Compass Plus Technologies: Who Will Win the BNPL Race?
With its exponential growth and potential impact, buy now, pay later (BNPL) is not just a passing trend but a transformative force in the world of payments. Paul Chandler, sales director – Europe for payments technology specialist Compass Plus Technologies, explores the significant implications of BNPL and how it’s reshaping the financial landscape, offering insights that […]
UK Fintech News Roundup: The Latest Stories 11/10
Every Wednesday, we delve into the latest fintech news from across the UK. This week brings updates from Opengear, Revolut, Starling Bank and TrueLayer. Skills shortage worsens as UK network engineers retire Sixty-one per cent of UK-based CIOs expect at least 25 per cent of their network engineers to retire in the next five years; […]
GNY Launches AI-Powered Forecast Tool for Top Cryptocurrencies as Traders Increase Focus on Ethereum
Retail crypto traders are increasing their focus on Ethereum as its price continues to climb, according to new research from GNY.io Limited, a blockchain-based machine learning business. GNY carried out its study when Ethereum sat at around $1,900 having gained around 54 per cent this year. Its research shows 76 per cent of the non-professional […]
Temenos Correspondent Banking Solution Helps Banks Grow Cross-border Payments Business
Temenos, the open platform for composable banking, is helping banks and payment service providers (PSPs) stay ahead of market changes and grow profitable cross-border payment services on the back of them, with its cloud-native ‘Correspondent Banking’ solution. Temenos revealed that its cloud-native banking solution is supporting the rapid addition of new alternative payment rails and payment […]
Qatar Central Bank Works Towards Its Fintech Strategy 2030 With Loan-Based Crowdfunding Regulation
Qatar Central Bank (QCB) has issued instructions for the loan-based crowdfunding regulation. This has been done for the purpose of licensing and regulating (loan-based crowdfunding activities and services in Qatar). Qatar Central Bank has announced that all companies wishing to work in this field must apply to obtain the necessary license from QCB. This is […]
