Author: TMC Admin
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Galileo Becomes a Preferred Technology Partner for Mastercard in LatAm and the Caribbean
Galileo Financial Technologies, a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), and Mastercard have announced the formation of a multi-year strategic alliance focused on accelerating digital transformation and improve access to financial opportunities for unbanked and underserved segments in Latin America and the Caribbean. The most innovative companies in Latin American markets are developing solutions that…
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Over 8 in 10 People Believe the Metaverse Will Be a Part of Their Jobs in the Future
Over the last six months, the metaverse has developed from a barely-known concept, one largely associated with a fictitious world like that of Ready Player One, to the subject of endless opinion, explainers and debate. This is best seen by the fact Google search interest in metaverse jobs has risen by 938 per cent according…
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Volvo To Discuss Embedded Finance With Railsbank at Open Banking World Congress This Month
Embedded finance continues to be a hot topic for brands and customers alike. From delivering financial services when and where they are needed, such as in-app payments, embedded finance is now evolving into something much more powerful. This power has recently been realised by the car company Volvo, which has launched its own car subscription…
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Ransomware Attacks Rise by 78% Between 2020 and 2021 Finds StockApps
In 2020, ransomware attacks hit 37 per cent of businesses. Following the rise in digital fraud due to the pandemic, in 2021 this number rose by 78 per cent as 66 per cent of businesses were hit with the digital attacks, according to StockApps, the educational hub for beginner and experienced investors. From the analysis,…
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How Are the Arrivals of New Regulations, Like PSD2, Shaping Technology?
Like brakes to a bicycle, fintech must exist within the realms of regulation if it is to ditch its ‘wild west’ persona. Indeed, the adoption of various elements of the industry, like cryptocurrency, has ultimately suffered due to the lack of regulation that surrounds and supports them. Throughout the entire month of May, The Fintech Times will…
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Yobota Finds 80% Of Financial Organisations Seek Feedback From User Base to Improve Services
London-based technology company Yobota commissioned an independent survey of 251 senior decision-makers at UK-based banks, finance companies and financial services firms, and found that in order for products to keep pace with evolving demands, financial organisations must consider risk aversion and small investment limitations. The survey found that 71 per cent have developed a new…
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Crypto ATM Market Set to Hit $3557.05millon by 2030 Despite Recent Stagnation
Cryptocurrencies’ rising popularity has seen the use of crypto ATM’s grow as a consequence, however, this has recently stagnated according to cryptomonday. The blockchain community found that at the beginning of the year, the net change dropped by 14.3 per cent to 1,687 ATMs from December 2021’s high of 1,969 ATMs, and is yet to…
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Behind the idea: Quantum Metric
Last year, the digital environment exploded during various lockdowns. Any brand unprepared to accommodate digital for 100 per cent of their customer base faced significant challenges. Banks and financial services companies – often seen to be at the mercy of legacy-based systems and architecture – were no exception. Traditional banking models suffered and there was…
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The Regulations Set To Change Everything This Year; With NorthRow, Smarsh, Breach and More
Like brakes to a bicycle, fintech must exist within the realms of regulation if it is to ditch its ‘wild west’ persona. Indeed, the adoption of various elements of the industry, like cryptocurrency, has ultimately suffered due to the lack of regulation that surrounds and supports them. Throughout the entire month of May, The Fintech…
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The Top Tech Trends Transforming The Insurance Industry
In the past few years, we’ve witnessed the emergence of core technology trends impacting nearly every industry – and the insurance industry, for one, has never been more ripe for disruption than it is today. Not to mention the many Insurtech startups leading with their technology-first approaches to shake up and redefine the industry forever…
