Category: digital currencies

A compassionate approach to the financial needs of persons with disabilities, supported by innovative technology solutions, has the potential to address the needs of the most vulnerable members of society across the Middle East and Africa, according to the latest white paper from Mastercard. The study, Bridging the Disability Gap: An Opportunity to Make a Positive…

New research from GoCardless, a provider of direct bank payments, reveals high potential demand for Variable Recurring Payments (VRPs) as UK consumers clamour for better ways to manage their money, with convenience and ease at the top of their wish lists. Half of consumers say they would use new technology that automatically moves their money…

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…

Banktivity, a US-based PFM app, has teamed up with Salt Edge, a provider offering open banking solutions, to enable its customers in the UK and EU to connect their bank accounts and have all their financial data pulled into the app instantly and fully digitally. The modern PFM market is witnessing considerable growth, accelerated by…

Mollie, one of the fastest-growing payment service providers in Europe, has announced its new strategic partnership with Plaid, an open banking network and payments platform that powers digital finance, to provide improved merchant and customer experiences for financial services, including onboarding and payments. Mollie will leverage Plaid’s API to deliver a more secure and easier…

Gullibility in untrained and poorly regulated financial markets The Times chronicles how investors are so easily fooled by plausible crooks with a business card and a suit. For Investors, some of whom are supposed to be professionals read lenders. The basis of this is that three fund managers working for a German Insurance company fooled…

Over two thirds (67 per cent) of consumers want their bank or financial institution to become more sustainable in future, according to a new report from cloud banking platform Mambu. The report surveyed over 6,000 consumers on their attitudes to green finance globally. It reveals that, while the majority are in favour of greener financial…

Attacks on financial institutions’ websites by bad bots are on the rise, with their penetration tactics growing more sophisticated and challenging to detect. Data security services provider Imperva tracked a spike in advanced bad bot traffic to financial services’ websites during the fourth quarter of 2021 — including a 156% leap in October. “This breed…

Automation vendor UiPath in May added a former Google Cloud executive as its co-chief executive. Robert Enslin became co-CEO on May 16, joining co-founder Daniel Dines as the robotic process automation (RPA) vendor looks to clear $1 billion in revenue for the year. Enslin most recently served as president of cloud sales at Google Cloud,…

The fintech industry talks a lot about bank-fintech and fintech-bank relationships. Everyone in this industry will proudly declare how essential these partnerships are for everyone in the value chain. However, the recent introduction of crypto and decentralized finance (DeFi) is complicating things. How can a traditional financial (TradFi*) institution like a bank align itself with…