Community
Fintech discussions and conversations around the development of fintech.
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Igor Tomych Founder/CEO at Dashdevs
Gone are the days when customers had to make a physical trip to the bank and stick to their business hours just to handle basic banking tasks. Thanks to the wonders of modern technology, financial institution customers now have the delightful convenience of mobile banking apps at their fingertips. With these handy apps, customers can effortlessly...
20 November 2023 /payments /wholesale
Leetal Gruper Co-Founder & CEO at Tarci
Despite the current challenging economic climate, there is a fascinating trend emerging whereby small and medium-sized businesses are prioritizing financial expertise above all other skills. Tarci’s research team found that over 34,700 businesses are actively seeking to fill financial roles annually, indicating a hiring frenzy. Why are SMBs Unde...
20 November 2023 /payments /retail
AI has transformed the financial services business, including applications in investing, insurance, management of wealth, and other areas. Today ChatGPT is considered one of the most potential AI tools for the fintech industry. The global AI in the banking market is expected to grow from $6.82 billion in 2022 to $9.00 billion in 2023 at a compou...
17 November 2023 /payments /wholesale
Mireia Tomàs Marketing Manager at Triple
As you may already know, in the digital world we increasingly live in, fraudulent activities in finance are a major problem for both companies and individuals. Simultaneously, advances have been made to develop solutions that prevent risks and detect fraud in a timely manner. One of these solutions is data enrichment. Thanks to this technique, com...
15 November 2023 /security /payments
Darya Lyhach PR manager at Noda
In today's rapidly evolving business landscape, it's imperative for Small and Medium Enterprises (SMEs) to stay ahead of the curve. And one of the most transformative tools at their disposal is Artificial Intelligence (AI). Beyond the buzzword, AI presents an opportunity to revolutionise operations, drive profits, and elevate customer experiences.
15 November 2023 /payments
Ivan Aleksandrov CSO | Fintech Licensing, Core banking & BaaS at Advapay
The rise of banking-as-a-service (BaaS) and agent schemes is expected to persist due to continuous regulatory tightening on e-money and payment institution licenses. Acquiring one’s own e-money or payment institution license is extremely challenging without a sizable, experienced team, a large client base, and budgets of at least 1 million euros. ...
13 November 2023 /payments /startups
Ekmel Cilingir Chairman of the Supervisory Board at European Merchant Bank
In 2023, the financing of the FinTech sector has faced some serious fluctuations. The latest KPMG report shows that in the first half of 2023, global financing of the FinTech sector decreased by 17 per-cent compared to the second half of 2022. Despite facing this and other recent challenges, FinTech is one of the most advanced and innovative secto...
07 November 2023 /markets /predictions
The fintech sector in 2023 has experienced unparalleled expansion, marking its prominent role in the worldwide financial landscape. As per EMR's data, the global fintech market reached a significant valuation and is projected to expand at a CAGR of 16.8% during 2023-2028, targeting a market size of USD 492.81 billion by 2028. Source: Expert Ma...
01 November 2023 /startups /predictions
Businesses call for more transparency in an increasingly interconnected world, especially regarding financial transactions. The roots of this demand can be traced back to a collective desire to optimize operational costs, boost cash flow, mitigate risks, and fundamentally foster trust. As international business endeavors burgeon, the emphasis on
24 October 2023 /payments
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
Francesco Fulcoli – Chief Compliance Officer The Financial Conduct Authority recently conducted an extensive review of payment account providers' systems and controls against money mule activity, shedding light on both positive practices and areas that require enhancement. Money mules have emerged as a crucial component of fraudulent schemes, ena...
20 October 2023 /payments /crime
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