As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of […]
Category: Fintech
This Week in Fintech: TFT Bi-Weekly News Roundup 02/07
Welcome to The Fintech Times Bi-Weekly News Roundup on Tuesday 2 July 2024 bringing you the latest updates from across the world. Partnerships AMINA Bank, […]
Revolut Celebrates Third Profitable Year in a Row as it Continues to Push for UK Banking Licence
Digital banking platform Revolut has revealed it recorded a record profit before tax in 2023, despite difficult financial headwinds across the globe. According to its […]
German Firms Complete Successful Tests Using DLT for Wholesale CBDC Transactions
In a move to test the use of distributed-ledger technology (DLT) for settling wholesale transactions of a central bank digital currency, Clearstream, the private market […]
Future Plans for CoinsPaid: New Assets, Centralised Payment Solutions, and US Expansion
CoinsPaid, an Estonia-licensed crypto payment provider on a mission to bridge the gap between crypto and traditional finance, headed to Amsterdam for Money20/20 Europe 2024 […]
Project Nexus Takes Step Toward Live Implementation on Mission to Enhance Cross-Border Payments
The Bank for International Settlements (BIS) has completed a comprehensive blueprint for the third phase of Project Nexus, enabling ready participants to work towards the […]
Allica Bank: UK SMEs Left ‘Ripped Off’ as High Street Banks Fail to Increase Savings Interest Rates
The UK’s biggest banks are leaving SMEs shortchanged regarding their savings interest, with businesses worse off by an average of nearly £2,160 a year according […]
A $360trillion Opportunity: Dandelion Payments on the Growth of Cross-Border Payments
Cross-border payments are a significant part of the global financial system, currently handling over $150trillion annually. Dandelion Payments, the largest real-time, cross-border payments network in […]
Leveraging Data to Fairly Provide Revenue-Based Finance to the Merchants Who Need it
A lack of accessible finance presents a threat to small businesses globally with many businesses finding it difficult to access the funds they need when […]
Monzo Introduces New Security Controls to Combat Rising Fraud
UK digital bank Monzo has unveiled three new security controls designed to combat fraud, as financial crimes continue to rise across the country, affecting many […]