Author: TMC Admin

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…

Open banking adoption among large financial institutions continues to grow; according to the latest Curity report. The API-driven identity management company surveyed 200 financial institutions and employees who are managing the open banking process. An increased competitive edge, the ability to offer new products and services and adhering to changing customer demand were all factors…

DIFC FinTech Hive, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, has announced the dates for the first sprint of its 2022 FinTech Accelerator programme, which is running until 7 July 2022. DIFC FinTech Accelerator programme offers the most innovative start-ups access to the region’s largest…

International law firm DLA Piper has launched a new report into the state of climate-risk financial reporting, which reveals nearly nine in 10 senior bankers (88 per cent) agree that diverting capital away from environmental polluters is critical to tackling the climate crisis. When it comes to positively influencing ESG change, senior bankers agreed that…

Aviva has announced a partnership with fintech Bud to provide open banking access for its workplace pension clients. Through Bud’s technology, Aviva’s workplace pension clients will be able to offer pension scheme members access to a money management dashboard via the Aviva MyWorkplace app and online portal. The dashboard makes it easy for members to…

The Monetary Authority of Singapore (MAS), in partnership with the International Finance Corporation (IFC) and the United Nations Development Programme (UNDP), has launched an open financial education and action programme for micro, small and medium enterprises (MSMEs) in Asia and Africa. Known as the SME Financial Empowerment (SFE) , this programme aims to help MSMEs…

During a time when Canadians’ appetite for digital services continues to increase, RBC and Plaid have announced a new data access agreement that will empower RBC clients with the option to share their financial data securely via a direct application programming interface (API) with the thousands of apps and services of their choice on the…

Mastercard‘s new virtual payment solution, which is linked to the EziPay e-wallet, is set to open a payment gateway service for consumers and merchants in the Middle East and Africa (MEA) region to perform global digital transactions and connect with brands and businesses around the world. Mastercard has reinforced its collaboration with fintech operators by…

Mashreq has launched Neo NXT, a digital banking proposition for Generation NXT. Residents in the UAE, who are parents of 12–18-year-olds, will be able to empower the next generation with Neo NXT – a smart digital banking proposition. The bank account will offer Generation NXT independence over their spending, provide access to a debit card,…

A joint innovation agreement between CaixaBank and Microsoft has produced an artificial intelligence (AI) Innovation Lab, with the purpose of applying the technology to new financial solutions as well as creating new work environments within the metaverse. Located in Barcelona, the laboratory will work in coordination with Microsoft’s AI Research and Development (R&D) hub, also…