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In 2019 the fintechs finally managed to become the talk of the town. They expanded their reach, improved the lives of millions and finally this year they got the recognition for what they’ve done and ...
This year has been a huge success for South Africa and Africa in general as well in terms of gaining a reputation for innovative technologies, embracing financial innovations and producing unicorn sta...
2019 was an excellent year for fintechs in terms of exposure and raising awareness among the majority of the population about what fintechs are and what potential they hold for the regular citizens. I...
More and more consumers around the world are turning to prepaid for payments. The question you may be asking yourself is, “Why?” For starters, prepaid is convenient, secure, versatile, easy to use, an...
Summary: Last week the FDIC announced that it was issuing a new rule that will modify two definitions in the regulations regarding deposits that are facilitated by third parties to banks and other i...
An appropriate time to talk about remittances and their effect on globalisation is right now. According to industry reports remittances have almost overtaken Foreign Direct Investment (FDI) as the lar...
The prohibition of “unfair or deceptive acts and practices” by federal banking regulators is not new. First introduced via the 1938 Wheeler–Lea Act, with a significant expansion in 2004, the concept h...
FinTech, shortened from Financial Technology, is a fast-rising industry that improves financial activities like asset and wealth management through technology, hence its name. It is a technologically ...
China has now publicly voiced its desire to be the leading country in financial technology development and adoption. The president of the republic openly called for the promotion of blockchain technol...
The European Securities and Markets Authority has introduced a new system that will classify Third Country Central Counterparties according to tiers. The tiers will be assigned to the CCPs according ...
The first wave of Open Banking was characterised by a steep learning curve for the nine largest UK banks. The new technology standard created challenges in all organisational aspects. Banks will have ...
Blockchain, the technology behind cryptocurrency is getting more and more attention from states and companies trying to use the system to serve a larger variety of causes. Blockchains offer the servic...