Singapore’s central bank plans to issue up to five digital bank licenses to suitable applicants, a move that could deliver the biggest shake-up in a market dominated by local banks.
More than a third of companies have adopted some form of AI in the past year, according to an MHR Analytics poll.
WorldRemit’s chief product officer, Alice Newton-Rex, will join WhatsApp’s product team later this year to work on the app’s messaging service.
The euro zone could have an instant payments system shared by all banks in the bloc by the end of 2020, finance industry officials said.
SPS is introducing CMI® to allow banking card issuers and the whole banking card ecosystem to develop an even more customized card solution.
Seven Dutch banks have recently started to introduce instant payments using the CSM (Clearing and Settlement Mechanism) system of equensWorldline.
The retailer said this move aims to attract shoppers outside bricks-and-mortar supermarkets.
Zilvinas Bareisis, Payments Analyst at Celent shared his experience at Money 20/20 Europe in Amsterdam earlier in June.
Facebook's Libra could "substantially improve financial inclusion and dramatically lower the costs of domestic and cross border payments," says BoE governor Mark Carney.
Initial exchange offerings (IEOs) are currently the most popular fundraising trend in the cryptocurrency industry. Do you know the difference between IEO and ICO?
The merged group to create a unique transatlantic payment network based on next-generation online banking payments.
Grab, Southeast Asia’s most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks.
In the nearest future, we’ll witness the rise of end-of-shift payments which will eventually lead to single payment accounts.
To understand the key stats, features, and mechanics of the technology, it is best to start from the beginning and learn how does a simple crypto transaction work.
According to Gartner, most banks will be made irrelevant by 2030. One of the key reasons is that they are not meeting market needs and keeping up with the pace of digitalisation.
With the new stablecoin, over one million Paysend users will be able to send instant global payments without the traditional cross-border fees.
PayPal has invested 10 million euros ($11.2 million) in Tink, a Swedish company that enables banks and fintech startups to access financial data more easily.
The world's biggest card issuer, China UnionPay, will offer debit and credit cards in Europe after striking a deal with a UK back-office startup, Tribe Payments.
Monzo has hit 2 million current account customers, signing up more than 35,000 new people every week.
New data from Juniper Research has found that fintech platform revenues will reach $638 billion by 2024, up from an estimated $263 billion in 2019.