Search Results for: Traditional banks

Real-Time Payments Now as Popular as Cash in Southeast Asia as Pandemic Accelerates Digitization of Payments, New ACI Worldwide Research Reveals
Digital Payments Fintech News

Real-Time Payments Now as Popular as Cash in Southeast Asia as Pandemic Accelerates Digitization of Payments, New ACI Worldwide Research Reveals

Fintech News Desk
Three in five (61%) consumers in Southeast Asia select real-time payments – such as DuitNow (Malaysia), PayNow (Singapore) and PromptPay (Thailand) – as a preferred way to pay in 2021, equal to cash (61%) Strong consumer demand for real-time payments demonstrates urgent need for payments modernization across Southeast Asia and heralds......
The Future of Small Business Lending Is Here-- And It’s Digital!
Business Fintech Guest Posts

The Future of Small Business Lending Is Here- And It’s Digital!

Jorge Sun
Unfortunately, COVID-19 isn’t going away anytime soon, making returning to pre-quarantine business models highly unlikely. As businesses adapt to the “new normal” and the demand for capital continues to rise, lenders have a unique opportunity to adopt a new model now—and get ahead of the game. Here’s where the digital......
AXIA Capital Bank Launches to Redefine Banking
Banking Digital Fintech News

AXIA Capital Bank Launches to Redefine Banking

Fintech News Desk
AXIA Capital Bank will focus on a participatory and low risk model that creates value for members The AXIA Projectannounced the launch of its own dedicated digital currency banking platform AXIA Capital Bank. The project aims to embed AXIA Coin, it’s proprietary digital currency, into a variety of ready-made ecosystem......
Monisnap Raises $11.85 USD to Become the European Leader in Digital Remittance Service.
B2B Fintech News

Monisnap Raises $11.85 USD to Become the European Leader in Digital Remittance Service

Fintech News Desk
Monisnap, a French-based fintech providing remittance services, announces a $11.85 USD funding from Serena and existing investors. The newly secured funding will support Monisap to expand its B2B offer, further develop its Mobile Money service, and support its geographic expansion. Since 75% of the emerging population do not have a bank......
Baasid Has Developed Authentication and Storage That Most Clearly Utilizes Blockchain Technology
Banking Blockchain Fintech News

BaaSid Has Developed Authentication and Storage That Most Clearly Utilizes Blockchain Technology

Fintech News Desk
A multinational company located in the Asian countries of Taiwan, Japan, Korea, Singapore, and Malaysia, BaaSid aims to focus on blockchain technology application development. Since blockchain has been around for quite some time now, many developing countries, with the help of multinational corporations, are currently exploring and developing blockchain-based applications to support their financial sectors. We......
Finclude Joins Growing Ecosystem of Partners Supporting the IBM Cloud for Financial Services
Cloud Finance Fintech Machine Learning News

Finclude Joins Growing Ecosystem of Partners Supporting the IBM Cloud for Financial Services

Fintech News Desk
Finclude Intends to Use IBM Cloud for Financial Services to Increase Access to International Credit and Accelerate Transactions with Financial Institutions in a Highly-Secured Environment Finclude, an Ireland-based start-up that provides credit scoring and affordability profiles using machine learning technology, announced it has joined IBM’s growing ecosystem of more than......
CR2 Market Insight: African Banking and Payments Trends
Banking Featured

CR2 Market Insight: African Banking and Payments Trends

Sudipto Ghosh
African banking and payments industry is showing positive growth across all technology domains.  According to the latest CR2 report, across Africa, all banking and payment channels are showing positive growth – from ATM usage through to mobile wallets. The key challenge for banks is to equip themselves so that they......
Mobile Money and the Unbanked: How Mobile Payments Can Support Financial Inclusion in Emerging Markets
Banking Guest Posts

Mobile Money and the Unbanked: How Mobile Payments Can Support Financial Inclusion in Emerging Markets

Brad Hyett
The shift to a cashless society was already underway before the pandemic hit. Nevertheless, the COVID-19 has accelerated years’ worth of digital transformation within the space of a few short months. From contactless spending to the rise of e-wallets, it’s an exciting time for consumers as digital innovation offers easier......
ISG to Publish Studies on Digital Banking Services and Platforms
Banking Digital Digital Payments Mobile Banking News

ISG to Publish Studies on Digital Banking Services and Platforms

Chandni Maske
Upcoming ISG Provider Lens™ reports will examine digital providers and platforms as the COVID-19 pandemic pushes banks to embrace online services Information Services Group (ISG), a leading global technology research and advisory firm, has launched two research studies examining providers of digital banking services and digital banking platforms as the......
FV Bank
Banking Digital Fintech News

FV Bank Selects Fireblocks as Infrastructure Partner for Digital Asset Custody Services

Fintech News Desk
FV Bank, a licensed digital bank and digital asset custodian has announced today it has inked a deal with Fireblocks, an award winning platform for securing digital assets. FV Bank will be leveraging Fireblocks unique MPC-based wallet and network infrastructure to support the introduction of its digital asset custody services......
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