Author: TMC Admin
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Kenya and Its Fintech Ecosystem in 2022
The African continent plays host to a potential fintech, wider tech and digital powerhouse – Kenya. But what is its current ecosystem like? Located in East Africa, the country of over 56 million people has become not only a regional powerhouse in East Africa but for the wider African continent and Middle East and Africa…
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What is Driving the Rise in Ethical Banking? Insight from EthicsGrade, Netguru & Impaakt
The world is dependent on global finance working towards a fairer financial system for people, the environment and culture with a focus on sustainability, climate change and social justice. This July at The Fintech Times we are putting the spotlight on ethical finance/ethical banking, including environmentally and socially-conscious practices. More and more people are investigating…
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UK Revealed as Europe’s Open Banking Pioneer in Yapily League Table
Although open banking continues to mature across Europe, regional discrepancies could slow progress; according to Yapily’s annual European open banking league table. The data ranked the UK as the continent’s most mature open banking data, followed by Germany and Sweden. The open banking infrastructure’s league table measured local regulatory oversight and enforcement against API performance…
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Adatree Introduces Industry-First CDR-Compliant Open Data Marketplace
The world’s first open data marketplace has come into fruition with 10 participating platforms so far. Created by the Australian fintech and data intermediary and recipient platform Adatree, the Adatree Exchange will shift how organisations are able to procure regulated consumer data right (CDR)-ready, third-party software capabilities. Co-founded by Jill Berry and Shane Doolan, former…
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Fintech Landscape of Kuwait in 2022
In this article, we take a look at Kuwait’s fintech and wider digital ecosystem to see how things are developing. Economic development strategies have been implemented across much of the Middle East and Africa (MEA) and this also includes Kuwait. Kuwait Vision 2035 will aim to diversify Kuwait’s economy and also help the country be…
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eToro Finds Only 5% Of UK Retail Investors Sold Investments During a Bear Market
UK retail investors are standing their ground amid global market sell offs with more than nine in 10 (95 per cent) either holding onto their investments or ‘buying the dip’, according to the latest ‘Retail Investor Beat’, a quarterly survey of 10,000 retail investors across 14 countries, from social investment network, eToro. Of the 1,000…
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This Week in Fintech: TFT Bi-Weekly News Roundup 07/07
The Fintech Times Bi-Weekly News Roundup. Funding and investment Insurance startup YuLife has raised $120million in a Series C funding round. It takes YuLife’s total funding to $206million. YuLife will use the capital to broaden its reach into new global markets as well as scale its product range and deliver financial products. Konsileo, the commercial…
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Behind the Idea: Mambu
During the pandemic Mambu saw a significant shift in favour of digital banking from consumers, which has put pressure on banks to digitally transform. It recently ballsurveyed more than 4,500 consumers gloy, identifying five emerging consumer groups or ‘tribes’ that banks need to know about. One of these five tribes, ‘Techcelerators’, is one worth paying particular…
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Software Engineers in Dubai Earn 30% More Than Those in Other Global Tech Hubs Like London & Berlin
According to global consulting firm Mercer, software engineers in Dubai with a minimum of three years in experience earn the third highest salaries in the world, when compared to other global technology hubs such as London, Amsterdam and Berlin – earning almost 30 per cent more. This difference in compensation indicates the high demand for…
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Domestic and International Payment Processes Consolidated by Monoova and Moneytech FX
Monoova, the Australian payments automation provider, has merged with foreign exchange organisation, Moneytech FX, to deliver a single platform that enables businesses to consolidate domestic and international payment processes and take advantage of faster cross-border transactions. The businesses merged under the Monoova brand will be ideally placed to fulfil their mission of automating and streamlining…