Consumers ‘Flocking’ To Digital Payments, Led by Internal Transfers

Consumers ‘Flocking’ To Digital Payments, Led by Internal Transfers

  AUSTIN, Texas–Consumers are “flocking” to their digital devices to make payments, according to newly released data. Overall, volume in money movements rose 5%– 7% per financial institution in the past year, covering these types of...
An Israeli Digital Bank May Only Be One Year Away, Says Local Regulator

An Israeli Digital Bank May Only Be One Year Away, Says Local Regulator

By Reut Shpigelman A fully digital bank may only be one year away, according to Israeli banking regulator Hedva Bar. Speaking on Tuesday at the FinTech 2018 conference held in Tel Aviv by Calcalist, Bank Leumi,...
How China is competing for digital innovation leadership

How China is competing for digital innovation leadership

By Paul Mah Once known for its cheap copycat products, China has gone a long way since then and evolved into a powerhouse in the digital arena. And according to a new report titled “Walled...
PayPal India betting on freelancers to fuel digital payments growth

PayPal India betting on freelancers to fuel digital payments growth

By Durba Ghosh@durba1985 India at present is one of the largest market for freelancers in the world with over 10 million people engaged in freelancing gigs. While India’s digital payments trajectory has been concentrated on small...
The Ultimate Guide to Finding Investors

The Ultimate Guide to Finding Investors

Quick Navigation Crafting a Business Plan Write an Executive Statement Set Clearly Defined Goals Calculate the Amount of Money That You Need Achieving Visibility, Viability and Market Readiness Join a Professional Social Networking Platform Professional Blogging Communicate with Personal Connections Engage the Local...
Accessible data and AI: Powering the future of fintech

Accessible data and AI: Powering the future of fintech

BY: RACHEL CARPENTER Why does the fintech industry need to make data and AI more accessible? In short, time, money and intelligence. Each day we are tasked with making financial decisions on matters ranging from personal finance...
China not totally against cryptocurrencies

China not totally against cryptocurrencies

By Ko Tin-yau Bitcoin’s price took a dive of 25 percent last week, falling off from nearly US$12,000 to US$8,700. The fall has been attributed to last week’s hacking of Binance, one of the world’s largest cryptocurrency exchanges. Also,...
How Blockchain Could Disrupt Banking

How Blockchain Could Disrupt Banking

  Last September, JPMorgan Chase CEO Jamie Dimon took a stab at Bitcoin: “It’s worse than tulip bulbs. It won’t end well. Someone is going to get killed.” Lloyd Blankfein, head of Goldman Sachs echoed that...
Digital banking makes physical branches better – FNB CEO

Digital banking makes physical branches better – FNB CEO

By Jamie McKane The increasing number of banking customers who use mobile applications and Internet banking leads to a better experience at physical bank branches, according to FNB CEO Jacques Celliers. Celliers said FNB’s strategy to move...
KIB harnessing innovation to improve the customer experience

KIB harnessing innovation to improve the customer experience

By  James Eugene Galligan, General Manager of Retail Banking, Kuwait International Bank   As with many nations in the Gulf region, a dramatic push towards economic diversification has remained a key focus for governmental organisations and businesses...