Money Management Archives | Page 41 of 239

Digital Lending / Digital Payments

Huntington Bank Enhances Digital Wallets with Entrust Integration

In an era characterized by rapid technological advancements, Huntington Bank is taking significant strides to enhance its digital wallet capabilities. By partnering with Entrust, a leader in identity-centric financial solutions, Huntington Bank aims to offer secure, innovative, and convenient services to its cardholders. This collaboration reflects a commitment to delivering cutting-edge technology solutions that blend security and ease of use.

October 25, 2024

Digital Wealth Management

How Does Wealthsimple’s Travel eSIM Benefit High-Value Clients?

With Wealthsimple’s recent introduction of a travel eSIM as part of its new lifestyle rewards program, clients with at least $200,000 in assets can now enjoy enhanced connectivity and cost savings. Wealthsimple, a Canadian fintech company dedicated to unlocking financial freedom for its clients, has partnered with Gigs to provide Premium and Generation clients with a global 10GB travel eSIM.

October 25, 2024

Digital Wealth Management

Wealthtime Teams with Wipro and GBST for Advanced Wealth Platform

Wealthtime has recently announced a partnership with Wipro and GBST to develop a cutting-edge, digital-first platform tailored for the wealth management and advisory market. By consolidating its current Wealthtime and Wealthtime Classic platforms into a single, heightened offering, Wealthtime seeks to leverage GBST’s advanced technology alongside Wipro’s expertise in digital transformation. This initiative underscores the collaboration’s mission to drive technological

October 25, 2024

Embedded Finance

Embedded Payments Revolutionize B2B Commerce with Seamless Integration

The landscape of Business-to-Business (B2B) commerce is experiencing a transformative shift, driven by the increasing adoption of embedded payment solutions. This shift is redefining payments from a mere afterthought to a strategic asset that can significantly influence business workflows and outcomes. Embedded payment solutions integrated into existing business software systems are streamlining transactions and providing enhanced financial capabilities. By incorporating

October 24, 2024

Digital Lending / Digital Payments

How Will FedNow Impact Instant Payments and Digital Banking Trends?

The completion of testing and certification for the Federal Reserve’s FedNow instant payments platform marks a significant milestone for both financial institutions and digital banking networks like Metallicus. This event follows a lengthy period of integration and certification phases, initially announced in mid-2023. FedNow aims to revitalize how financial institutions process payments by enabling instant transactions 24/7—an ambitious leap forward

October 24, 2024

Digital Lending / Digital Payments

Real-Time Payments to Boost Global GDP and Financial Inclusion by 2028

Real-time payments are set to revolutionize the global financial landscape, driving substantial economic growth and fostering greater financial inclusion. As the world steadily shifts toward instantaneous financial transactions, the benefits are becoming increasingly apparent. A recent report by ACI Worldwide and The Centre for Economics and Business Research (Cebr) reveals that real-time payments will significantly enhance global GDP and create

October 24, 2024

Digital Lending / Digital Payments

Wise Platform Expands Global Reach with Faster, Secure Payments Solutions

The world of international payments is evolving at a rapid pace, with technological advancements driving changes that make transactions faster, cheaper, and more secure. At the forefront of this evolution is Wise Platform, a product of Wise, designed to cater to the cross-border payment needs of banks, financial institutions, and large enterprises. Wise Platform has made significant strides in enhancing

October 24, 2024

Robotic Process Automation In Fintech

How Is Bank of America Revolutionizing Client Services with AI?

Bank of America has made significant advancements in artificial intelligence (AI) and machine learning (ML) over the past few years, with a substantial increase in patents and applications that underscore the bank’s commitment to technological innovation. Since 2022, BofA has increased its AI and ML patents by 94%, bringing its total portfolio to nearly 1,100 patents and pending applications. Over

October 24, 2024

Digital Lending / Digital Payments

Can Digital Lending Transform Brazil’s Agricultural Credit Access?

Brazil’s agricultural sector stands as a cornerstone of the nation’s economy, contributing significantly to both domestic sustenance and export revenues. Yet, smallholder farms, which form the backbone of this crucial sector, frequently encounter formidable challenges in securing credit. These financial hurdles cap growth potential, stymie innovation, and occasionally threaten the very survival of these small enterprises. Digital lending platforms like

October 24, 2024

DevOps

Can Blockchain Revolutionize Humanitarian Aid Delivery with Ripple?

The partnership between Ripple, a digital asset infrastructure pioneer, and the International Rescue Committee (IRC), a globally recognized humanitarian organization, is setting the stage for a potentially transformative approach to humanitarian aid. This collaboration seeks to harness blockchain technology to overcome long-standing challenges in aid delivery, offering a glimpse into a future where financial transactions in crises can be fast,

October 24, 2024

Payroll

Tide Enhances Payroll Services for UK SMEs with Onfolk Acquisition

In a bold move aimed at enhancing administrative offerings for small businesses in the UK, business banking platform Tide has announced the acquisition of Onfolk, a UK-based SME payroll solution. This acquisition is expected to significantly streamline payroll processes for Tide’s extensive customer base, which includes over 650,000 small enterprises in the UK alone. By integrating Onfolk’s advanced payroll functionalities

October 23, 2024

Fintech Blockchain

India’s Fintech Blockchain Market to Reach $1.87B, Driven by DeFi and IoT

India’s fintech landscape is on the cusp of a major transformation, driven by the exponential growth of blockchain technology. From 2024 to 2030, the fintech blockchain market in India is projected to swell from USD 0.35 billion to USD 1.87 billion, showcasing a robust Compound Annual Growth Rate (CAGR) of 32.1%. Key factors propelling this momentum include the rise of

October 23, 2024