This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. Banking-as-a-Service (BaaS) describes the concept that enables non-bank platforms to access banking capabilities traditionally only offered by licensed banks.
Emerging trends such as cross-border payment systems and open banking initiatives are breaking down traditional barriers, fostering greater connectivity and efficiency in Asias financial landscape. This trend is fostering innovation and competition in the financial services sector.
In simple, layman’s terms, embedded finance is when financial services – like payments, loans, or insurance – are integrated directly into non-financial platforms. Take Buy Now, Pay Later (BNPL) services as an example. But it’s not just about BNPL. Financialinclusion will remain a key focus.
Qist Bazaar , Pakistan’s leading Buy Now Pay Later (BNPL) fintech startup, announced today that it has secured US$3.2 Bank Alfalah, one of Pakistan’s largest commercial banks has already invested in Qist Bazaar, leading the seed round. million in its Series A funding round. billion in assets under management (AUM).
Payment technology and innovation are accelerating across the fintech industry, with more companies recognising the importance of adapting to changing customer needs, with non-cash transactions projected to hit 2.3 trillion transactions by 2027. This will help create digital payment ecosystems that can reach the 1.4
From open banking to open finance and beyond: The future of financial data-sharing March 18 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The evolution of open banking into open finance, examining regional regulatory approaches and adoption trends. Why is it important?
This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. We hear from industry experts on how embedded finance ensures the checkout experience is financiallyinclusive.
Attendees can expect to gain a clearer understanding of the realities of the BNPL industry, insights into the strategies BNPL providers employ to build trust, drive responsible growth, and navigate regulatory changes. The session will be moderated by Urs Bolt, a Fintech and Banking Expert.
It has been almost six years since the Second Payment Services Directive (PSD2) came into force and laid the foundations for Open Banking in the EU and UK. Together, these new rules will enable Europe to push forward into Open Finance – the next stage of Open Banking. PSD3: Evolution or Revolution?
Mexico and Guatemala are also embracing this global trend of integrating financial services into non-financial platforms. However, each country presents unique characteristics, especially when it comes to regulatory maturity, technological infrastructure, and financialinclusion. What are your future plans?
The Rise of Embedded Finance Embedded finance is revolutionising the way businesses interact with financial services. By integrating payment solutions directly into non-financial platforms, companies can offer seamless user experiences. In payments, open banking facilitates account-to-account (A2A) transfers.
The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions. billion (US$4.4
This evolution is reshaping the financial services landscape, creating cohesive digital experiences that cater to modern user expectations. Embedded finance refers to the integration of financial services directly into non-financial platforms, eliminating traditional barriers to transactions and enhancing user convenience.
Data monetization in the banking sector has become increasingly prevalent in recent years, driven by evolving customer expectations, new data sharing rules and opportunities for new revenue streams. Data monetization refers to the process of using data to obtain quantifiable economic benefit. This enhances the overall customer experience.
This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. These platforms offer credits, even against future earnings, or immediate access to earnings, in that way improving freelancers’ and gig workers’ financialinclusion.
As a proliferation of payment options promises to streamline banking and commerce, regulators, fintechs, and financial services companies are looking for ways to make sure that the challenges to these new payment optionsfrom technical complexity to new forms of fraud and financial crimeare met. And then trust.
It will also continue to invest in its comprehensive tech stack to power the end-to-end customer journeys across banking, insurance, and embedded commerce. Founded in 2008, Perfios is a B2B SaaS company serving the banking, financial services and insurance industry in 18 countries, empowering 1,000+ financial institutions.
Banks, non-banks and fintechs have just one year to prepare for some of the biggest regulatory shake-ups to fundamentally impact the way they do business. Banks, non-banks and fintechs have just one year to prepare for some of the biggest regulatory shake-ups to fundamentally impact the way they do business.
The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time transactions, as well as presenting the opportunities that exist in digital remittances, open banking, business-to-business (B2B) payments and agricultural lending.
These products and services are safe, highly secure, and promote financialinclusion by allowing consumers including lowandmoderate income consumers who have historically not had full access to the financial system to conduct their everyday financial transactions. states and territories.
Aadhaar-enabled Payment Service (AePS) AePS, in India, enables individuals to conduct basic banking transactions like d eposits, withdrawals, balance inquiries, bill payments, etc. without requiring a traditional bank account or debit card. Unlike physical cash or bank deposits, CBDCs are purely electronic.
A: I think players in the non-prime and near-prime space are trying to get the most complete picture of credit worthiness for any potential borrower, so it’s becoming a “must have” in a lot of ways to stay competitive against new Fintechs in the space and not run into adverse selection.
The fintech sector is at the forefront of a global revolution, reshaping how financial services are delivered and consumed. This dynamic industry thrives on innovation, leveraging technology to disrupt traditional banking models and set new standards for customer experience.
The payments industry in 2024 saw rapid evolution, marked by the growing adoption of real-time payments, advances in AI-driven fraud detection, and significant progress in Central Bank Digital Currencies (CBDCs). By embedding financial services, businesses can offer experiences beyond simple transactions.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content