Author: TMC Admin

The number of startups qualifying as unicorns has grown significantly in the last year and a half. The exact percentage of unicorn growth in numbers since 01/01/2021 comes to 162 per cent with 707 new unicorns emerging in that period. Up until the end of 2020, the total headcount of the mythical herd was just…

A new report from Netacea, the bot detection and mitigation specialist, reveals that bots are going undiscovered for an average of 16 weeks, up two weeks from last year’s findings. The study, The Bot Management Review 2022, surveyed 440 businesses across the travel, entertainment, eCommerce, financial services and telecoms sectors in the United States and…

Rapyd, a global Fintech-as-a-Service company, has announced a major milestone in the company’s history by opening its doors to its new Dubai office as it seeks to become the first Israeli company to be regulated in the United Arab Emirates (UAE). Rapyd has been registered at Dubai International Centre (DIFC), the global financial centre in…

In this episode of The Fintech Times Podcast, we discuss how open banking can help navigate cross-border payments with a focus on Australia. Global digital banking platforms are attracted to the Australian market due to the top four banks holding over 80 per cent market share by total assets and being amongst the most profitable…

As 90 per cent of internet users are worried about getting their passwords hacked, is the password here to stay as the core of personal digital security? With this in mind, cybersecurity experts Ping Identity, uncover what the future of passwords looks like for businesses and consumers alike. In 2004, Bill Gates predicted the death of the password, envisioning…

It is very easy for many who are new to the fintech space to think that financial technology is an exclusive term for payments technology, and while there is some truth to this, it does not tell the entire story about fintech. However, in June, The Fintech Times is looking to indulge this belief as…

Fantom, a layer-1 blockchain platform, has revealed substantial upgrades to its network, as it looks to bolster its infrastructure following a year of significant user growth. The upgrades will supercharge the network’s settlement speed and platform efficiency to ultimately generate greater decentralisation and efficiency for developers building on Fantom. Fantom continues to cement itself among…

One in four US consumers impacted by identity theft in 2021, Aite-Novarica consumer survey finds, with people often targeted through BNPL payments or who suffered a fraudulent P2P transfer. Aite-Novarica, a research and advisory firm, has announced a new Impact Report commissioned by GIACT, a Refinitiv company, that details excessively high rates of identity theft…

Kushki, the payment technology company that connects LatAm through payments, has announced a $100million extension of its Series B fundraising at a valuation north of a billion dollars. The latest round includes participation from new and existing investors including Kaszek Ventures, Clocktower Ventures, SoftBank Latin America Fund and DILA Capital among others, and brings the…