Author: TMC Admin
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Crypto Companies Look To Tackle CO2 Emissions With Sustainable Investments
When looking to make an investment, a variety of things come into question, with one of the most prominent being: how sustainable is it? With this in mind, various players in the cryptocurrency and blockchain industry have taken steps to help the planet through sustainable investments. Two of the latest to make movements are Fight…
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UK Fintech News Roundup: The Latest Stories 22/06
Every Wednesday, we delve into the latest fintech updates from across the UK. This week sees a wide range of product launches and company offerings to help combat the cost-of-living crisis. Students receive financial education Schools in the Aberdeenshire region have begun educating students about good financial practices after teaming up with financial planning company.…
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Money Management Apps Become the Consumer’s Must-Have as Prices and Inflation Soar
Public engagement with money management apps has soared by 46 per cent year on year as consumers seek to beat the cost of living crisis. An analysis of the performance of money management apps over the past two years by app marketing and analytics platform App Radar has revealed that the sector has gained over…
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RBC Joins the Open Invention Network To Protect Fintech From Looming Threat of Patent Trolls
Royal Bank of Canada (RBC) joins the Open Invention Network (OIN) as its newest community member. OIN was formed to safeguard open source software (OSS), with the company now the largest patent non-aggression community in history. It announced this week that RBC has joined as a community member. OIN is an advocate for patent non-aggression,…
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UK Open Finance Offering Improved as Experian Expands With Employment & Income Verification Services
Expanding its automated employment and income verification services to the UK, Experian, the global information services company, looks to broaden UK employees’ access to better financial products and services. These digital services, that automate the time-consuming process of sharing payroll and employment information with lenders, provide an instant and secure alternative for verifying such information…
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Why Is BNPL So Popular? With Nets, Mollie, Entrust, Kearney and Stax Payments
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…
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GhIPSS Launches Bank-Wide GhanaPay Mobile Money Service
Ghana Interbank Payment and Settlement Systems (GhIPSS) has introduced the launch of the bank-wide GhanaPay mobile wallet to encourage the rise of the country’s cashless and financially-inclusive ecosystem. The mobile money service is to be launched as an open application and will be offered universally across all the country’s incumbent and rural banks, including various…
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In Profile: Ivan Zhiznevskiy, CEO of 3S Money
It is rare that a company would want to stunt its growth – but there is a logical reason for this. With a small company, employees and employers are more likely to communicate, but as it grows, understandably priorities shift to ensure the growth is sustainable. This was a conundrum faced by 3S Money, a…
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Enfuce Buckles up With Konsentus Verify as ATO Continues Fintech Onslaught
Enfuce has chosen Konsentus’ Verify to protect its customers from unauthorised or fraudulent third parties gaining access to valuable account data and funds. The Finnish open banking and embedded payments provider is to deploy the Konsentus Verify infrastructure regtech to enable open banking data to be exchanged securely within its own services. The infrastructure is…
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Ukrainian Residents Able to Collect Cash From Globus Bank’s Branches Following Paysera Partnership
Paysera has partnered with Globus Bank in Ukraine, giving local residents the opportunity to pick up money sent by their relatives in cash at one of 150 branches of Globus Bank and its partners. Gintautas Mezetis, CEO of Paysera, says that although there are many international cash transfer companies in the market, there is still…