Fintech news stories - Page 2

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

Fintech
Aussie fintech Slyp raises $25M in latest funding round
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.

Fintech
eCommerce financing platform Wayflyer hits 'unicorn' status after $150m funding round
An Ireland-based financing platform is gearing up for expansion into markets including Asia, the United States, and Europe.

Fintech
Data the biggest technical challenge for 81% of fintechs - report
Security was also found to be a significant challenge, followed by cloud support / multi-cloud deployment and administration.

Fintech
Ireland fintech firm Wayflyer eyes up Aussie eCommerce market boom
The company points to research from GlobalData, which pegs Australia’s eCommerce market to be worth US$70 billion (AU$100 billion) by 2025.

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

Fintech
Airwallex launches operations in Singapore as part of expansion plans
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.

Cryptocurrency
More countries to adopt Bitcoin as legal tender in 2022 - expert
“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."

Fintech
Emmi gears up for global expansion following latest funding round
“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.”

Fintech
New online shopping platform allows shoppers to get others to pay for their items
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.

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

Fintech
Mambu raises $235 million in latest funding round, sets sights on global growth
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.

Collaboration
Roadmaps are the new key to digital transformation, says CIO of fintech specialist
A CIO of a fintech specialist has revealed why she thinks a roadmap for digital transformation is essential for the future of companies.

Fintech
The importance of anticipatory design in mobile banking
Applying technology allows banks to anticipate their customer needs, create value and exceed customer expectations.

Personal data
Australians hesitant to share personal information online
"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."

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

Banking industry
The next 5-10 years will make or break APAC banks, report finds
“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."

Partnerships
Ukheshe and dzcard broaden digital payment solutions for APAC
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 Apps
Mobile app installs in APAC continue strong growth trajectory
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.

10 Minute IT Jams
Video: 10 Minute IT Jams - Who is gini?
In today's interview we have gini general manager for Australia and New Zealand Fung Lim.

Fintech
$118.5 billion lost in fees due to failed payments in 2020
Banks spent on average approximately $360,000 in 2020 on failed payments, whereas the average corporate firm spent just over $200,000.

Fintech
Aus fintech company launches cloud native microservice
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.

Fintech
GPS and Currencycloud launch cross-border payments solution
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.

Cloud
Fintech innovation exploding, NZ jumps in rankings
"New Zealand is clearly punching above its weight in terms of fintech innovation."