Category: Doing Business Overseas
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Atomic and Bond Launch New Lending Product ‘Paylink’
Atomic and Bond’s newly created lending product gives consumers access to better rates by leveraging untapped financial data and repayments from their payroll accounts, creating a unique benefit that drives recruiting and retention. Atomic FI, the market-leading payroll connectivity solution, and Bond Financial Technologies, the leading embedded finance company, announced the deepening of their existing…
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Two-thirds of Businesses Adopt Technology To Improve Efficiency
Businesses’ desire for efficiency is the key motivating factor encouraging the adoption of innovative technologies, such as augmented reality (AR), robotics and the Internet of Things (IoT), new research has revealed. According to the Digital Transformation & Next-Gen Business Technologies, 2022 Report, carried out by cloud-based accounting software platform, bluQube Accounting Software, almost two-thirds of…
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Fintech Unicorns Quadruple in Numbers in Less Than 18 Months
The number of startups qualifying as unicorns has grown significantly in the last year and a half. The exact percentage of unicorn growth in numbers since 01/01/2021 comes to 162 per cent with 707 new unicorns emerging in that period. Up until the end of 2020, the total headcount of the mythical herd was just…
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Bot Attacks Go Undiscovered for Average of 16 Weeks, Research Shows
A new report from Netacea, the bot detection and mitigation specialist, reveals that bots are going undiscovered for an average of 16 weeks, up two weeks from last year’s findings. The study, The Bot Management Review 2022, surveyed 440 businesses across the travel, entertainment, eCommerce, financial services and telecoms sectors in the United States and…
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Rapyd Is Registered at DIFC, Becoming First Israeli Company to Be Regulated in the UAE
Rapyd, a global Fintech-as-a-Service company, has announced a major milestone in the company’s history by opening its doors to its new Dubai office as it seeks to become the first Israeli company to be regulated in the United Arab Emirates (UAE). Rapyd has been registered at Dubai International Centre (DIFC), the global financial centre in…
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Podcast: How Open Banking Can Help Navigate Cross-Border Payments in Australia
In this episode of The Fintech Times Podcast, we discuss how open banking can help navigate cross-border payments with a focus on Australia. Global digital banking platforms are attracted to the Australian market due to the top four banks holding over 80 per cent market share by total assets and being amongst the most profitable…
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Ping Identity Analyses Need of Passwordless Authentication as Companies See 925 Weekly Cyber Attacks
As 90 per cent of internet users are worried about getting their passwords hacked, is the password here to stay as the core of personal digital security? With this in mind, cybersecurity experts Ping Identity, uncover what the future of passwords looks like for businesses and consumers alike. In 2004, Bill Gates predicted the death of the password, envisioning…
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Alt Lending week ended 10th June 2022
A crash is coming: Rejoice You might not like what Andrew Orlowski has to say but as he says “ the tech sector is long overdue a correction- Kick back and watch creative destruction do its thing”. Don’t worry. Be happy. But a correction is due and it has already arrived with VC backed projects…
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How Can Businesses Pay Other Businesses? With Tranch, Kalkine and More
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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Fantom Improves Network’s Settlement Speed After 3800% Growth in Unique Wallet Addresses
Fantom, a layer-1 blockchain platform, has revealed substantial upgrades to its network, as it looks to bolster its infrastructure following a year of significant user growth. The upgrades will supercharge the network’s settlement speed and platform efficiency to ultimately generate greater decentralisation and efficiency for developers building on Fantom. Fantom continues to cement itself among…
