Fintech news stories - Page 2

Global fintech platform, Airwallex, has added two essential senior hires to its leadership team, expanding the company’s presence in the US.

Off the back of the raise, additional products and features will be expedited with Slyp announcing payment linked loyalty is on the roadmap for 2022.

An Ireland-based financing platform is gearing up for expansion into markets including Asia, the United States, and Europe.

Security was also found to be a significant challenge, followed by cloud support / multi-cloud deployment and administration.

The company points to research from GlobalData, which pegs Australia’s eCommerce market to be worth US$70 billion (AU$100 billion) by 2025.

Finance companies who invested in digitisation during 2021 are already experiencing the positive effects, according to a new survey by Broadridge Financial Solutions.

Australian founded fintech Airwallex has announced its launch in Singapore after receiving a Major Payment Institution (MPI) licence by the Monetary Authority of Singapore in November 2021.

“By adopting cryptocurrency as legal tender these countries then immediately have a currency that isn’t influenced by market conditions within their own economy, nor directly from just one other country’s economy."

“Up until now, the investment sector has been without a tool that goes beyond a simple score, and as investors, it is critical to have access to objective and trusted insights that give us confidence to protect and grow capital.”

New fintech startup YouPay offers a unique online shopping option where you pick what items you want from over 250 retailers and get someone else to pay.

A new report shows fast-paced fintech innovation in Asia Pacific has a measurable, positive impact on access to financial services in the region.

Mambu, the modern SaaS banking platform, has announced it has raised $235 million in an EQT Growth-led Series E funding round, the largest financing round to date for a banking software platform.

A CIO of a fintech specialist has revealed why she thinks a roadmap for digital transformation is essential for the future of companies.

Applying technology allows banks to anticipate their customer needs, create value and exceed customer expectations.

"Most importantly, consumers feel more assured when organisations clearly make the effort to integrate frontend security measures, which underscores the need for simple, safe and secure identity verification."

Banking, insurance, fintech, and investment management customers, and others in the financial services industry, can now utilise Snowflake's Financial Services Data Cloud.

“Digital transformation can’t be viewed as a long-game anymore, and in fact three in five APAC banks believe they will cease to exist within the next five to ten years if they don't change the way they operate. That’s a very sobering statistic."

South Africa-based fintech firm Ukheshe Technologies looks set to expand its reach into the Asia Pacific region, thanks to a partnership with card solutions and security firm dzcard.

Mobile app installs are reaching record highs, but it doesn’t always mean people are taking more time to engage with the apps they’re using.

In today's interview we have gini general manager for Australia and New Zealand Fung Lim.

Banks spent on average approximately $360,000 in 2020 on failed payments, whereas the average corporate firm spent just over $200,000.

Appian has announced that Hay, the Australian headquartered fintech company, has launched its ‘Hay-as-a-Service’ (HaaS) solution with the support of the Appian Low-Code Automation Platform.

The solution is designed to enable businesses to offer customers compliance and regulatory infrastructure, cross-border payments infrastructure, real-time FX for overseas card transactions, access to a global banking network and more.

"New Zealand is clearly punching above its weight in terms of fintech innovation."