Author: TMC Admin

BPC, the digital payments provider, has announced a strategic partnership with Powwi, licensed as a deposit-taking institution (Sociedad Especializada en Depósitos y Pagos Electrónicos – SEDPE), one of Colombia’s most successful payment companies and a champion of financial inclusion. Under the terms of the five-year agreement, Powwi will implement BPC’s SmartVista suite to manage the…

The 2008 financial crisis repositioned the banking, financial services and insurance (BFSI) industry forever, sowing the seed for massive regulatory renovation and increased compliance costs. Following the crash, regulators have been quicker to catch up to firms that have failed to comply with the more stringent regulatory landscape; which has driven more companies to invest…

New Cameroon business incubator signs up with Pan-African tech firm and Finnish education technology network to spread 5G tech spaces across the African continent. The recently launched Cameroon-based Boris Bison Youth Empowerment Business Incubator (BB Incubator), the Pan-African video game publishing company Ludique Works and the Finnish technology learning accelerator network Start North are to…

Sokin has come together with Mastercard to connect consumers across 39 new markets to more open and transparent payment services; eliminating barriers that have historically hindered access and financial inclusion. The fintech payment firm signed a multi-year agreement with Mastercard to support the rollout of its fixed-price payment services across the markets of the Middle…

Every Wednesday, we delve into the latest fintech updates from across the UK. This week we look into the impact of Eastern European conflict on UK business plans; while debt collection takes a digital approach.  Ukrainian conflict affects UK business expansion Proactis, which offers software solutions for digital trade, has released research that highlights the…

Knowing who’s who whilst online has never been as important to global consumers as it is now. Identity checks form a crucial access point to financial services, but as new research from Jumio points out, consumers are becoming increasingly interested in seeing such checks being extended to other areas of digital services; such as healthcare…

With the UK becoming increasingly comfortable with post-pandemic life, people are starting to spend more time out socialising, and more time spending money that they weren’t spending during the lockdown. Following its survey of UK adults, credit card company Aqua has uncovered the key factors contributing to Brit’s social overspending. According to the results, Brits…

A third (31 per cent) of financial services and banking professionals are planning to leave the industry due to high pressure, according to a new report by LemonEdge, a global digital accountancy platform for the private capital and venture capital industry. With burnout mounting, a further third (31 per cent) of banking and finance professionals…

Bite Investments has released a report in association with Mergermarket concluding that enhanced data access and operational efficiencies are the main drivers for digitalisation among investment firms. The report, titled “The Tech’s Factor: The digitalization of private markets in 2022 and beyond” reveals how digitalisation is shaping the private capital industry and how fund managers…

Technology is set to play a significant role in helping merchants in the United Arab Emirates (UAE) reach and exceed their growth expectations; with many forecasting company growth in excess of 20 per cent this year. But are they ready for it? Research released by the fintech Adyen revealed how UAE retailers are optimistic for…