How payments are driving financial inclusion in Africa
FinTech in Africa is not improving a traditional financial ecosystem, it is creating one. It is estimated that around 66% of the adult population on the continent is unbanked, but the time for change is now and FinTech is the way to do that.
Over-55s are seeking alternative lending options – free2 study claims
The majority of over-55’s are looking for alternatives to lending options after expressing concern over existing products, according to a study from free2.
Ping An leads the way for insurers’ response for coronavirus – GlobalData study claims
Ping An has led the way in terms of insurers’ Covid-19 response due to its digital capabilities, according to a report from GlobalData.
SteelEye picked by Schroders to aid MiFIR compliance
Compliance technology developer SteelEye has been picked by Schroders to help with MiFIR transaction reporting.
Claims software platform PLNAR joins Guidewire’s PartnerConnect
Virtual claims technology company PLNAR has formed a partnership with Guidewire Software, a software platform for P&C insurers, to join the Guidewire PartnerConnect.
Coronavirus drives rapid adoption of open banking
The Open Banking Implementation Entity (OBIE) has revealed that open banking users have more than doubled since January 2020.
The instant payments market is expected to hit $18trn by 2025
The instant payments market is expected to grow by 500% to reach $18trn by 2025 and will account for 17% of all B2B and consumer digital money transfers and payments.
UK to take less bureaucratic approach to regulations post Brexit
The UK is reportedly set to take a tough but less bureaucratic approach for banks once Brexit is completed.
buguroo launches its behavioural biometric 3D secure solution
Spain-based buguroo has launched its behavioural biometric 3D secure solution in the hopes of combatting card not present fraud.
Acuant to deploy its KYC technology with Prime Trust through new deal
Identity verification platform Acuant has formed a partnership with API-enabled B2B financial infrastructure developer Prime Trust.
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