The 3rd GCC E-Payments and Online Banking Summit

The future of payments and banking industry EastMed Ltd, announced the 3rd Annual E-Payments and Online Banking summit will be held under the patronage of Central Bank of Bahrain on 2-3 December 2020, virtually. E-Pay Summit which has been held annually since 2018 is the chosen meeting point for senior influencers from the e-commerce, retail, […]

Konsentus launches international Open Banking Hub

UK, 25th November 2020: Konsentus today announced it has launched an international  infrastructure platform with the ability to accelerate a country’s implementation of open  banking.  The Konsentus Open Banking Hub (OB Hub), a SaaS based solution, runs in a national  cloud infrastructure, has end to end functionality and helps create, support and secure vibrant open […]

British AI fintech startup ilumoni raises €380K to make it easy for people to borrow well

ilumoni, the British fintech startup helping people to borrow better, save on unnecessary interest and time in paying off debts has raised more than €380K pre-seed investment backed by Move Ventures (formed by the founders of Market Gravity, acquired by Deloitte in 2017), and angel investors including Simon Moran, former CMO and now Non-Executive Director, Premium […]

The Importance Of FinTech In Traditional Banking System

New technologies such as machine learning, Internet-of-Things, artificial intelligence, blockchains, and cloud computing are the major drivers of growth for fintech companies There is no better example of evolution than what we have seen in the financial world. From traditional in-person banking to internet banking which eventually moved from your desktop to the comforts of your palms through mobile banking. The […]

Hong Kong prepares for ‘next era’ of fintech

The Hong Kong Monetary Authority has outlined a slew of new initiatives on bank data exchange, CBDC research, trade finance digitisation and RegTech, as the island state kicks off its annual Fintech Week. In his opening keynote, HKMA chief executive Eddie Yue announced that the central bank is exploring a new data strategy and considering […]

Strive launches world’s first banking offering especially designed for families

Today, a new UK based fintech for parents and kids called Strive launched with the announcement of the acquisition of a popular digital piggy bank company GoSave in an all stock deal. With 50% of the UK population considered financially vulnerable (FCA.org.uk) the need for easy solutions to teach kids about money and engage their parents in […]

8 Berlin Fintechs to look out for in 2021

Berlin’s young, enthusiastic and creative energy and business mindset is nearly unmatched in mainland Europe. Comparisons to the US’ Silicon Valley are becoming increasingly justified: In fact, with more than 2.500 active startups, Berlin is attracting more young minds than any other city in the EU. Berlin’s distinct lack of major banking presences like in […]

Five revenue-generating ideas for fintech/bank partnerships

Collaborative approaches to boost the fintech sector by teaming with, rather than seeking to disrupt, established banks. The fintech industry worldwide has grown very successfully over the past decade. But since the global pandemic, start-ups have suffered through a lack of investment from areas that previously have supported the new financial technology revolution. Suddenly, funds […]

PSD2 and GDPR – Customer consent is the key

PSD2 & GDPR will come into force in the first half of 2018. Paul Weiss, Consulting Practice & Financial Services from Accenture talks about their seemingly conflicting coexistence. While the PSD2 is all about making the data of individuals available to third parties, the GDPR is all about keeping this data private. Surprisingly little has been said […]

Mastercard selects Token.io as a partner for its new open banking hub

Token provides pan-European access to banks, exceptional UX, enhanced security and richer functionality for businesses and consumers. Turnkey open banking platform provider, Token.io Limited, today announces it has been selected by Mastercard to power the connectivity layer of its open banking hub. The hub will connect merchants, retailers and other regulated third parties to financial […]