FinTech

Online microlending in Kazakhstan has been steadily growing in the past few years. In 2015, it amounted to KZT 2.5 billion. In 2016, this figure rose to KZT 8.9 billion, …

The government of Georgia is working to find a proper balance between regulating online loans and allowing online lenders the flexibility they need to meet consumer demands. Economic Minister Dimitri …

An online lender is a company that offers loans and other forms of financing through their website. The types of lending provided are usually in the form of lines of …

In today’s financial climate, many banks have stopped lending to new businesses or businesses that do not have sufficient credit. This seemingly leaves many businesses with few options; in reality …

As alternative lending matures into what many are calling “alternative lending 2.0″, it is worth taking a look back at the sector’s evolution since 2005 — from Zopa pioneering peer-to-peer …

This video shares some insights on the impact alternative lenders will have on lending in the next five years. COVID-19 is pushing a complete transformation of the banking sector Video: …

Factoring, sometimes referred to as accounts receivable financing, can be a great way for a business to get money fast. However, it can also be a relatively expensive form of …

Evocabank has launched a new online lending service through its mobile application. SingleTouch loans, available to customers 24 hours a day/7 days a week, are given in local currency at …

The National Bank of Kazakhstan is preparing the largest reform in ten years, which will greatly impact online lenders. Currently, the online microloan market in Kazakhstan is almost not regulated …

Georgian Finance Minister Mamuka Bakhtadze has announced changes designed to encourage small- and medium-sized enterprises (SMEs) in the country. As part of this effort, the Finance Minister specifically noted that …

A new Juniper Research study has found that nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up by nearly …

The way people make payments is changing faster than any area of financial services, and understanding trends in payments is important for any financial institution wanting to serve the complete …

The days of plastic payment cards are numbered, and mobile wallets are starting their taking over. The recent global rise in contactless payments, as well as biometrics, demonstrates that consumers …

Google has announced that Android and iPhone users can initiate P2P transactions through voice commands in Google Assistant. Users can both send money and request a transfer of funds via …

Payme has announced that Visa, MasterCard and Mir card holders can now transfer funds to Uzcard, with funds being automatically converted into the local currency. To receive a transfer, the …

The National Bank of Tajikistan has issued three-year licenses to several international (Visa International, MasterCard, UnionPay and Western Union) and one national (Corti Milli) payment system operators. A license gives …

Payment startups have seen considerable momentum in recent years and are on track for USD 3.8 billion in funding this year. From point-of-sale solutions to money transfers and mobile payments, …

A new law has been introduced in Japan to reduce the high usage of cash in the country. The law, which is being gradually phased in over the next two …

Chocofamily has launched a new mobile application called Rahmet. The application allows users to pay bills from their phone and receive up to 20% in cashback and other discounts. The …

Uniteller and Optima Bank have joined forces to launch a new online payment service, meaning that a number of additional services may now be paid online using Visa bankcards. This …