Financial Services Archives | Page 5 of 58

Digital Lending / Digital Payments

MoneyGram and Plaid Partner to Revolutionize Global Payments

The recent strategic partnership between MoneyGram, a global leader in cross-border payments, and Plaid, an innovative fintech company, aims to enhance the financial transaction experience. This collaboration promises users a more secure, instantaneous, and seamless banking experience by integrating Plaid’s advanced API technology for real-time transactions and bank account verification. Strategic Partnership Overview Bridging Traditional and Modern Financial Services The

April 23, 2025

Embedded Finance

Banks Embrace Embedded Finance to Meet Corporate Demands

The increasing importance of embedded finance in corporate treasury is prompting significant changes in banks’ product strategies and technological investments, according to a new report from Celent, now part of GlobalData. This integration of financial data directly into corporate treasury and finance platforms is transforming corporate-to-bank connectivity. As client demands for seamless, real-time, and relevant financial experiences increase, large global

April 23, 2025

Digital Wealth Management

DPI Launches Venture Capital to Boost African Fintech Expansion

Development Partners International LLP (DPI), a renowned private investment firm with a significant focus on Africa, has launched DPI Venture Capital to support and cultivate early-stage companies that positively impact the continent’s burgeoning middle class. DPI’s strategic move leverages its 18-year history of backing innovation-led enterprises and its extensive reach across 43 African countries. This venture aims to take advantage

April 23, 2025

Digital Lending / Digital Payments

Barclays and Brookfield Team Up to Transform Payment Services

In the ever-evolving landscape of financial technology, Barclays and Brookfield Asset Management have embarked on a groundbreaking partnership to overhaul Barclays’ payment acceptance division. This strategic alliance seeks to reimagine and modernize the division, transitioning it into an independent entity under the Barclaycard Payments brand. The initiative is a significant undertaking that underscores Barclays’ dedication to advancing technological capabilities and

April 23, 2025

Fintech Blockchain

Is DeFi’s Surge in USDe Borrowing Reflecting a Bullish Trend?

A significant milestone has been reached in the decentralized finance (DeFi) sector, with Euler Finance experiencing an all-time high in USDe stablecoin borrowing. On April 22, borrowing surpassed $16,101,840.38, reflecting a growing demand for USDe and highlighting Euler Finance’s rising prominence among DeFi lending platforms. This surge in borrowing activity was observed around noon UTC, signaling an increase in user

April 23, 2025

Customer Data Management

How Can Financial Institutions Boost CRM Adoption and Productivity?

Aisha Amaira is a MarTech expert known for her prowess in merging technology with marketing. Specializing in CRM marketing technology and customer data platforms, she passionately advocates for leveraging innovation to obtain key customer insights. Today, we delve into CRM adoption in the financial sector, particularly amidst the upheaval brought on by the COVID-19 pandemic. Can you elaborate on how

April 22, 2025

Embedded Finance

How Is Embedded Finance Transforming LatAm’s Financial Landscape?

Latin America’s fintech sector is at a pivotal moment, with embedded finance emerging as a game-changer. The region’s economic fluctuations have not deterred innovation; instead, they highlight resilience and significant potential for growth, especially in Brazil, Mexico, and Guatemala. FitBank is at the forefront of this transformation, pioneering new financial technologies and solutions. The Emergence of Embedded Finance in LatAm

April 22, 2025

Embedded Finance

AI and Non-Bank Firms Drive Malaysia’s Financial Evolution

The financial landscape in Malaysia is undergoing a significant transformation, driven by the integration of artificial intelligence (AI) and the notable rise of non-bank financial players. These advancements promise a more inclusive, efficient, and technology-driven financial sector. Insights from the recent Asian Banking & Finance and Insurance Asia Summit held in Kuala Lumpur revealed the dynamic changes reshaping the industry.

April 22, 2025

Fintech Blockchain

Crypto Market Faces Liquidity Woes and Bearish Predictions

The cryptocurrency market is currently grappling with significant issues, including liquidity problems and a bearish outlook predicted by major market players. Recent events and developments have stirred the market, revealing ongoing challenges and trends that could shape the industry’s future. Mantra OM Token Crash Illustration of Liquidity Problems The collapse of the Mantra OM token has brought to light serious

April 22, 2025

Digital Lending / Digital Payments

Will Digital Wallets Dominate Hong Kong’s Payments by 2030?

Digital wallets are set to dominate Hong Kong’s payment ecosystem by 2030, according to Worldpay’s report. These wallets are projected to account for 45% of online transaction value and 48% of in-store transactions, a significant shift from a decade ago, when credit cards were the predominant method. The usage of credit cards is expected to drop to 32% for both

April 21, 2025

Embedded Finance

How Embedded Finance Is Transforming Digital Banking Expectations

The rise of embedded finance is revolutionizing customer expectations of digital banking. Embedded finance integrates payment processing, lending, insurance, and investment services directly into non-financial platforms, fundamentally changing how consumers and businesses interact with these services. Industry experts provide a detailed analysis of these transformations. Customer Loyalty in the Age of Embedded Finance Shifting Customer Allegiances Embedded finance is now

April 21, 2025

Digital Lending / Digital Payments

Digital Wallets Boost Cross-Border Payments with Fast Transactions

The increasing adoption of digital wallets for cross-border transactions marks a significant shift in international payment preferences. A comprehensive report by PYMNTS Intelligence and TerraPay underlines this trend, revealing that 42% of participants from the United States, the United Kingdom, Saudi Arabia, and Singapore now prefer digital wallets over traditional payment methods for international transfers. The growing trend towards digital

April 21, 2025