The results of a recent Axway survey on open banking in America bode well for its adoption stateside. More than half, 55%, have heard of open banking, with 32% believing they have a decent understanding of it.
The DeFi world hasnt had the best year, with multiple entities entering law suits and bankruptcy. Yet, another crypto exchange is launched.
Finance minister and frontrunner in Argentina presidential elections announced the digital Peso project, against crypto critics.
The fintech investor ecosystem is retreating to 2018 levels, while founding is at a significant low. However, it's not all bad.
Cryptocurrency enthusiasts in the region have turned to crypto loans to secure funding, or earn interest income.
Early stage founders face a challenging climate and many lack the expertise to drive growth.Support from an experienced hand may be critical.
Money Laundering is a perpetual thorn in the side of financial institutions. BIS reports that AI and use of networks could be way forward.
A Lendit Fintech and Amount white paper came back with results from 1,000-plus international banks, fintechs, and fin service providers building BNPL.
New York-based online banking company Ampla Technologies recently launched a new extended payment terms solution called Ampla Pay Later.
While fintech is no exception to the changeability, there remains appeal from both investors and consumers in tech-enabled financial tools.