Unleashing the Power of News Data: A Catalyst for Business Success
In today’s dynamic world, news data has emerged as a strategic asset, transforming industries and driving informed decision-making. From compliance and media to finance and business intelligence, organizations are increasingly leveraging the power of real-time news to gain a competitive edge. For compliance officers, accurate and timely news is essential for staying abreast of regulatory […]
German WealthTech Investments Plummet in 2024 Amidst Economic Uncertainty
The German WealthTech sector has experienced a dramatic downturn in 2024, with investment figures revealing a significant pullback from the highs of previous years. A stark decrease in both deal volume and total funding underscores the growing caution among investors in the face of economic uncertainties and evolving regulatory landscapes. According to recent data, the […]
Mesh Payments and ALTOUR Partner to Streamline Corporate Travel and Expense Management
Mesh Payments, a leading travel and expense (T&E) management platform, has announced a strategic partnership with ALTOUR to offer enterprises a seamless, technology-driven solution for managing corporate travel and expenses. This collaboration integrates ALTOUR’s industry-leading travel management services with Mesh’s automated expense platform, aiming to enhance efficiency, cost control, and the overall traveller experience. The […]
Fintech Landscape Shifts: Monument Bank Eyes Nasdaq, Stripe’s Valuation Soars, and Regulatory Changes Loom
The fintech sector is buzzing with activity, from ambitious IPO plans to significant acquisitions and potential regulatory overhauls. Monument Bank, a UK challenger, has reportedly set its sights on a 2027 Nasdaq listing, aiming to raise £200 million in a Series C funding round. Having already secured £30 million, the bank is building on its […]
ESG Commitments Increasingly Influence E-Commerce Merchant Choices
New research commissioned by global payments platform Ecommpay reveals that over 60 percent of e-commerce merchants would “definitely” select a payment provider based on their commitment to environmental, social, and governance (ESG) principles. Additionally, 38 percent indicated they “might” prioritize ESG in their decision, leaving only 2 percent of merchants who view these factors as […]
Fintech in 2024: Navigating Challenges and Embracing Opportunities
The year 2024 presented a mix of challenges and opportunities for the fintech industry, marked by cautious investment trends and evolving priorities. According to KPMG’s Pulse of Fintech, global investment in the sector dropped to $51.9 billion in the first half of the year, the lowest six-month total since 2020. This decline reflects investor wariness […]
Global Digital Banking Market Shifts Focus to User Experience and Super-Apps, Deloitte Study Reveals
After a period of rapid innovation, the global digital banking market is maturing, transitioning from developing new features to refining existing services and enhancing user experience (UX), according to a recent Deloitte study. The Digital Banking Maturity 2024 report, published in October, surveyed 349 banks across 44 countries to analyze the current state of digital […]
AI Leads the Charge in Banks’ Digital Transformation, Study Finds
Artificial intelligence (AI) is becoming a central pillar in the digital transformation strategies of banks as they strive to enhance customer experiences and streamline operations. A recent study by Publicis Sapient, a prominent American digital consulting firm, reveals that banks are dedicating 29% of their digital transformation investments in customer experience to machine learning (ML), […]
Visa Completes Acquisition of Featurespace to Enhance AI-Driven Fraud Prevention Solutions
Visa has finalized its acquisition of Featurespace, a leading provider of real-time artificial intelligence (AI) technology for payment protection. This strategic acquisition strengthens Visa’s ability to prevent and address payment fraud and financial crime, offering enhanced security solutions for clients and consumers worldwide. With Featurespace’s advanced technology integrated into Visa’s existing suite of fraud prevention […]
Navigating the Ethical Challenges of AI in Financial Services, Experts Discuss
As artificial intelligence continues to advance rapidly, understanding its ethical implications has become just as important as harnessing its capabilities. In a recent interview with FinTech Global, Nathan Marlor and Andrew Parsons from Version 1, a digital transformation firm, discussed the growing concerns around AI ethics in financial services. Founded in 1996, Version 1 is […]
