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Nigerian fintech Moniepoint has secured investment from digital payments giant Visa , enabling it to continue its mission to ensure financial inclusion for people across Africa. Through this investment, Visa plans to support the Moniepoint mission to empower African businesses, further accelerating its growth and expansion across the continent. With around 83 per cent of African employment in the informal economy, Moniepoint aims to widen access and participation in the formal financial system a
Modern loan origination software has eliminated historical barriers through powerful integrations, enhanced functionality, and optimised costs. These advances have transformed conventional banking platforms characterised by complex setups and rigid infrastructure. However, one critical decision financial institutions face when adopting such software is choosing between cloud-based and on-premises loan origination software.
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The card company still reported a rise in revenue and a surge in net income, driven partially by an increase in interchange and other fees paid by merchants.
Social media in fintech is a huge issue and cuts right to the core of how the latter has revolutionised financial service. Both are all about democratisation and giving individuals greater power. Social media gives people a voice, with billions using X, Instagram, TikTok, and others to express themselves and reach others. Fintech works similarly, with many tech solutions designed to give people greater transparency and direct control over their finances (saving, banking, insurance, crypto and in
Social media in fintech is a huge issue and cuts right to the core of how the latter has revolutionised financial service. Both are all about democratisation and giving individuals greater power. Social media gives people a voice, with billions using X, Instagram, TikTok, and others to express themselves and reach others. Fintech works similarly, with many tech solutions designed to give people greater transparency and direct control over their finances (saving, banking, insurance, crypto and in
By Piers Williams, Global Insurance Manager at AutoRek In an ideal world, insurance payments are processed immediately, customers enjoy seamless claim payouts, The post Emerging technologies: Insurance payment processings future first appeared on Payments NEXT.
Entrust has launched an AI-powered identity verification as a new tool for its IDaaS platform, enabling facial biometric authentication by verifying users against their encrypted identity.
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Five years after launching its first product in Mexico, Nu announced today that it has reached 10 million customers in the country, doubling its customer base over the past 12 months.
Egypt-based fintech company MoneyHash has obtained USD 5.2 million in a Pre-A funding round, with the company planning to leverage the funds to further expand its capabilities.
As the internet has developed, many of us have become reliant on a varying amount of passwords but our dependence on passwords has given way to just as many security risks. As such, the industry is beginning to turn to passkeys as a new promise of security and ease.
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Zumo has released a report examining how well crypto-asset service providers are prepared for MiCA, with a particular emphasis on sustainability requirements.
National Agency of Perspective Projects of the Republic of Uzbekistan (NAPP) has authorised Biance , a crypto industry player, to offer services in the country.
Adclear, the innovative RegTech startup transforming marketing compliance for rapidly-scaling fintech businesses, has successfully secured 510,000 in pre-seed funding.
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Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Liberty Mutual Investments (LMI), the investment firm of the Liberty Mutual Group of Insurance Companies (LMIG), announced the upsize of their forward flow loan purchase program. Over the program term through June of 2027, LMI will purchase Affirms installment loans on a forward flow basis, in amounts up to $750 million outstanding.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
France-based startup Karmen has obtained a EUR 9 million funding round, with the company planning to leverage the capital to optimise its instant financing solutions.
DoubleCheck announced the appointment of Ashwin (Ash) Rangan as its new chief executive officer. Rangan succeeds outgoing co-CEOs Joel Schwartz and Bill Amelio.
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Core Payment Solutions , a provider of merchant services, has launched a new point-of-sale (POS) system designed for restaurants and retail businesses.
Clearstream, Deutsche Brse Groups post-trade services provider, has enhanced its US network link by partnering with Proxymity. Proxymity Vote Connect Total US (VCT US) enables institutional and retail investors owning US shares to vote at US general meetings.
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