Dubai Fintech Summit 2024: How the UAE is fostering fintech innovation
There is a huge sense of urgency, commitment and purpose behind fintech in the UAE.
Consumer/Personal Finance
News, intelligence and resources on the global fintech industry including topics such as consumer/personal finance.
Reimagining the future of money: freedom-bearing, human-centric
Protecting privacy is critical for digital money and CBDCs in order to obtain public trust.
The digital transformation divide in Europe’s banking industry
Europe must harness the full potential of the digital revolution for the continent’s unbanked.
What the FinTech? | S.5 Episode 7 | Digital banking trends in the US
In this episode of the podcast, we’re joined by Sonali Divilek, Head of Digital at Chase.
Pierre-Yves Guegan named as new COO of CCF Group in France
Guegan’s two decades of industry experience extends to UniCredit, RN Bank and BNP Paribas.
Digital lending platform Blend Labs bags $150m funding from Haveli Investments
Blend will use the cash to repay “all amounts payable” under its existing credit agreement.
State of play: the future of credit
Alternative data sources will be key to ensuring the future of credit is affordable, inclusive, and accessible.
Al Etihad Payments partners Core42 to launch open finance across the UAE
The UAE central bank says it will be ready to offer open banking to “the majority of customers” this year.
Enigmatic Smile buys Fidel API’s loyalty business
The sale, for an undisclosed sum, includes all assets associated with Fidel’s loyalty business.
Goldman Sachs sells Marcus Invest’s digital investing accounts to Betterment
The deal includes Marcus Invest’s accounts and assets under management.
Karma Wallet acquires sustainability marketplace DoneGood ahead of card and membership programme launch
The sustainability spending fintech is to integrate the DoneGood marketplace into its company ratings platform.
UK fintech Wagestream bags £17.5m funding to expand its financial benefits offering
The fintech plans to launch a credit-builder card, loans and an AI-powered financial advice coach this year.
US neobank Mercury enters consumer banking market with Mercury Personal
Customers of Mercury’s latest offering will need to commit to a $240 annual subscription fee.
Klarna to launch credit card offering in the US “over the next few months”
The US is set to be Klarna Card’s fourth market of entry, following earlier launches in Sweden, Germany and the UK.
Innovate Finance flies the flag for the UK’s fintech sector in return of global summit
IFGS 2024 is taking place in London this week, with fintech regulation and innovation high on the agenda.
Video: Chipper Cash at FinovateEurope 2024 – How Africa’s growing middle market is finding power in payments
We chat with Brett Magrath of Chipper Cash about how new paytech solutions are boosting Africa’s middle market.
Video: Symend at Fintech Meetup 2024 – Putting an end to “zombie engagement”
Symend’s Hanif Joshaghani discusses how firms can enhance their digital communication with customers.
Demystify Podcast: Breaking the mould in banking technology with SaaScada
In this podcast episode, Dharmesh and Dave explore the evolving core banking market with SaaScada.
CFPB publishes new report highlighting risks related to financial transactions in video games
Americans spent nearly $57bn on gaming hardware, software, and in-game transactions in 2023.
Human connection in the age of AI
Even in the age of an AI arms race, we can still reclaim what is uniquely human: our empathy.
Is a phone charging cable the new bank card?
Have smartphones completely replaced the need for physical bank cards?
Mobile banking app for kids and teens, Cashee, to launch in Saudi Arabia
Cashee will provide a free banking app and a prepaid Visa card, issued by Arab National Bank (ANB).
FinTech Futures: Top five news stories of the week – 22 March 2024
Our pick of the top fintech news stories this week includes Nuvei, Silverbird, nCino and more.
Payment security and fraud prevention take centre stage at this year’s Pay360 conference
Concepts concerning the safety and efficiency of payments proved central to the conference’s agenda.
7IM expands UK footprint with acquisition of Eastcote Wealth Management
The acquisition will give 7IM a base in the Midlands to broaden the reach of its operations.
Nationwide partners Signly to offer British Sign Language website translation service for deaf customers
Nationwide’s BSL website content is to be provided “in the form of pre-recorded signed videos”.
Lloyds Banking Group partners ApTap for bill management tool
The tool will be integrated into Home Wise by Lloyds Bank and HelloHome by Halifax.
Is talking to our money the next user experience paradigm?
We need a way of literally talking to our money to help us build a proper relationship with it.
CFPB to cap credit card late fees at $8 and increase accountability among issuers
The new limit is poised to save US consumers more than $14 billion a year.
Video: KoreFusion at FinovateEurope 2024 – Payment innovation’s role in emerging markets
At FinovateEurope 2024, we sat down with Daniel Ben-Aron, vice president of APAC at KoreFusion.
California’s Edwards Federal Credit Union taps Apiture for consumer banking solution
The 62-year-old credit union has around 12,500 members across California’s Antelope Valley region.
Mexican microlending start-up Baubap secures $120m in debt financing
The fintech intends to leverage the debt financing to extend its lines of credit to the underserved.
The history of banking technology vs the history of banking experience
Over time, the transactional aspects of banking have been solved, but not the emotional ones.
State of play: banking
Banks are facing a myriad of challenges, from transformative technological shifts to increasing competition.
Mexican neobank Hey Banco’s split from Banregio due for 2025
The move, announced in 2020, was expedited by Hey Banco’s banking licence authorisation last July.
US Bank partners Pagaya Technologies for inclusive lending with AI
The bank is to instate Pagaya’s AI tech within its Simple Loan function.
FinTech Futures: Top five news stories of the week – 16 February 2024
Our pick of the top fintech news stories this week includes Monese, Virgin Money, Bank of America and more.
Westpac taps Dancerace to upgrade its invoice finance operations
Dancerace says its tech will make it easier for Aussie businesses with unpaid invoices “to receive their cash faster”.
India’s Tata Consultancy Services reportedly in the race to run UK’s Faster Payments service
The potential move would see TCS replace Mastercard’s Vocalink as the service’s technology partner.
Offa taps Finova to power new Sharia-compliant property lending platform
The move comes as part of a £1 million investment by Offa to upgrade its IT systems.
