Category: digital currencies

Alternative Credit Decisions, the latest product from Berlin-based Fraugster, will enable buy now pay later (BNPL) and enterprise merchants to approve more customers without increasing credit risk. The artificial intelligence (AI) payment company’s new product has set out to enrich BNPL credit scoring models and to give a more accurate picture of a buyer’s true…

Singapore-based fintech Nium rolls out real-time payments in Malaysia and announces broader local licence capabilities. Nium has expanded the availability of real-time payments into Malaysia, increasing its total real-time payment markets to a ‘market-leading’ 100 countries. With the addition of Malaysia, Nium now processes more than 75 per cent of transactions globally in real-time. According to…

Banks have been closed-off and self-interested for too long, losing sight of an unwritten social contract with customers to promote financial wellbeing. When open banking is done right, it presents a huge opportunity for banks, as well as fintechs, to put customers back at the centre of operations. Jody Bhagat With this in mind, Jody…

Coinbase’s first-quarter earnings report showed a $430 million loss in revenue and a 19% drop in users, going from 11.4 million to 9.2 million MTUs – monthly transacting users. It also showed that in 2021 subscription and services revenue grew by 10x over 2020, generating $500 million ($200 million in Q4) representing 7% of the…

Tranch, a buy now, pay later (BNPL) platform for SaaS sellers, has raised £3.5million in pre-seed equity, while bagging a place on Y Combinator’s next startup accelerator programme. London-based Tranch, founded in 2021 by Philip Kelvin and Beau Allison, combines credit risk modelling and open banking data to make BNPL payments more accessible to more…

On this weeks episode of News & Views, The Fintech Times Podcast team speak about how Revolut has reported an increase over 215% in the number of UK users aged between 55 and 74, BNPL and its reaction from GenZ and millennials & a clearer look into American Express’ partnership with Google.

TRM Labs, the blockchain intelligence solutions provider, along with crypto industry leaders including Circle, Solana Foundation, The Aave Companies, Hedera, Binance.US and Civic, has announced the launch of a new community-powered scam reporting platform, Chainabuse, which empowers anyone in the crypto economy to warn others about scams, hacks or other fraudulent activity as they encounter…

Axerve, payment partner to grow, specialising in creating accessible and frictionless payment solutions for e-commerce and physical sales, announces the release of a new white paper, ‘New technologies and trends in digital payments in 2022′. The white paper explores the drivers behind growing digital payment forms worldwide and assesses the impact that the proliferation of…

Fintech YAP has been granted an in-principle approval (IPA) from the State Bank of Pakistan for an Electronic Money Institute (EMI) Licence. After initially launching its digital banking platform in the UAE, YAP has identified Pakistan’s rapidly growing fintech landscape as the ideal market to expand its operations. YAP Pakistan, a subsidiary of YAP, has…

Smart Africa’s capacity building arm, the Smart Africa Digital Academy (SADA) in partnership with Ghana’s Ministry of Communications and Digitalisation have launched a national digital academy in the country, marking the official kick-off of in-country implementation of the initiative. The agreement is contained within a Memorandum of Understanding (MOU) signed between the Smart Africa Alliance and…