Category: Doing Business Overseas

Seamless Middle East & North Africa 2022 welcomed more than 15,000 global attendees in just two days, making it the biggest event in its 22 year history. With 350 speakers, live attractions, demonstrations and product launches, the event at the Dubai World Trade Centre delivered fantastic opportunities for key players in the payments and e-commerce…

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…

Courtesy of Tencent, Block (formerly known as Square), and existing investor Insight Partners, Indonesian consumer payments platform Flip has secured a $55 million addition to its Series B round. Also involved in the funding were a handful of individual investors including Checkout.com CEO Guillaume Pousaz, DoorDash executive Gokul Rajaram, and former Venmo COO Michael Vaughan.…

“Your call may be recorded for quality assurance.” Customer service systems often automate call recording and processing analysis, but you can tell a lot by detecting the tone of a conversation. Los Angeles-based Behavioral Signals says its technology is more effective than humans at determining empathy and intention. Rather than attempting to detect the actual…

Seven financial services powerhouses, led by Citi and Bank of America, launched an independent company this week to create the first open-market electronic trading platform for syndicated loans and collateralized loan obligations (CLOs). The new company, Octaura, is working with low-code software development platform Genesis Global to manage syndicated loans and CLOs electronically, in real…

When approaching the $1 billion asset size mark, banks have more to think about than just popping champagne. Attention from regulators becomes more pronounced, risk across the enterprise is increased, and existing infrastructure can become strained. For banks, technology poses the best opportunity for managing and mitigating these challenges. Jayson Callies has been on both…

The EU’s pilot regime for market infrastructures based on distributed ledger technology has now been finalised. The regime will provide significant flexibility for eligible firms to experiment with DLT-based trading facilities and settlement systems for financial instruments, including the option of operating a combined trading and settlement facility. There are, limitations to consider, however, including…

Bank of America is looking to upgrade its client communications after auto loans are approved as the bank continues to lean on its digital capabilities and more consumers apply for loans through online channels. The upgrade is expected within the next year and comes on the heels of a chat support feature in the bank’s…

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…