In emerging market countries where economic volatility is a way of life, there aren’t a lot of relatively safe options for the up-and-coming middle class to save their money. In …
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Additiv driving WealthTech democratization in Asia
Zurich-based WealthTech company Additiv has become a worldwide leader in the field of digitization for wealth managers. In Asia, the company is driving a wide-angle perspective and helping wealth management …
Read More »11 of the most notable WealthTech companies in Switzerland
With 75 companies operating in the sphere, WealthTech has become a thriving subset of FinTech in Switzerland. Here are 11 of the more notable Swiss WealthTech companies: AAAccell – a …
Read More »Libra: everything you need to know about Facebook’s cryptocurrency
Facebook has announced a plan to launch its own cryptocurrency (Libra) next year. In fact, what they may be doing in launching Libra is actually creating a new financial system …
Read More »Apple Card review
With Apple Inc. starting the rollout of its brand-new Apple Card and its availability expected to reach more than 40 countries by the end of the year, we wanted to …
Read More »Video: the threat of payment apps to U.S. banks
U.S. banks are projected to lose as much as USD 43 billion in revenue if mobile payment apps become as popular in the U.S. as they are in China. This …
Read More »G20 countries discuss new tax system for large internet companies
At a meeting of the financial heads of G20 countries in Southwestern Japan, a discussion was held on developing a new tax system for large internet companies such as Google …
Read More »China’s WeChat: the high cost of digital convenience
On the surface it may seem the China’s WeChat is a social network like Facebook or WhatsApp. But with more than a billion users and a plethora of functions, it …
Read More »BigTech’s impending banking invasion
With concerns of a BigTech “invasion” into financing reaching an apex, it seems appropriate to examine BigTechs’ interest in the financial sector: Why might BigTechs get into banking? – financial …
Read More »Hong Kong facilitating BigTech’s push into banking
So far this year, Hong Kong’s Monetary Authority (HKMA) has issued virtual banking licenses 8 different groups, including BigTechs, as part of an initiative to promote financial innovation, enhance consumer …
Read More »Amazon Pay launches Android P2P payments in India
Android users in India can now make instant peer-to-peer (P2P) payments via Amazon Pay through a government-backed unified payments interface (UPI) platform. The new service will also allow customers to …
Read More »BigTechs threaten financial stability
According to Christine Lagarde, head of the International Monetary Fund (IMF), the entrance of BigTechs into the financial market could adversely affect overall financial stability. Ms. Lagarde specially mentioned concerns …
Read More »The race to digitize banking in the Asia-Pacific region
Competition in the Asia-Pacific region is intensifying between established financial institutions and the technology and e-commerce disruptors that threaten to carve up the payment solutions market. According to a report …
Read More »China’s TechFin giants
Chinese tech firms are moving into the banking sector in a much different way then their Western counterparts. Whereas Western BigTechs like Amazon and Google seem content in serving financial …
Read More »Top B2B FinTech Companies
B2B FinTech companies don’t often get the recognition of their B2C cousins; however, they play a key role in the future of financial services and deserve some acknowledgment. That being …
Read More »Q-Lana: a new tool to bolster MSMEs in emerging economies
Q-Lana, a U.S.-based FinTech company, was founded to develop the concept of knowledge-based lending as a way to help financial institutions overcome the challenges associated with broader MSME lending and, …
Read More »Pureplay digital operators to process USD 14 trillion in B2B payments by 2023
New data from Juniper Research suggests that B2B transactions processed by pureplay digital operators are likely to reach USD 14 trillion by 2023, up from USD 6.7 trillion in 2018. …
Read More »Amadeus, Mastercard, Elavon test B2B payments plan with Thai Airways
Amadeus (a Madrid-based travel reservations provider) is teaming with Mastercard and Elavon (the payments unit of U.S. Bancorp) to launch a B2B payments plan with Thai Airways and Sweden’s Select …
Read More »UniCredit teams with FinDynamic to enhance invoicing service
Italian banking group UniCredit has teamed with Italian FinTech company FinDynamic to enhance its working capital offering for corporate clients. The partnership will allow bank clients to offer suppliers early …
Read More »SmartPay financial inclusion wallet launched in Vietnam
FinTech startup SmartPay has launched a financial inclusion wallet in Vietnam, targeting 25 million unbanked/underbanked consumers and 6 million small- and medium-sized merchants. SmartPay ensures a better payment and finance …
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