15 & 16 November, Accra Ghana Africa’s financial services markets are among the most stimulating in the world. The banking and financial services market in Africa is the second-fastest-growing and second-most profitable of any global region, and a locus of innovation. The West African financial sector has been witnessing a wave of digital innovation that
While financial data has always been considered sensitive, the growing number of companies working with sensitive data has brought renewed attention to the issue. Financial institutions are among the most targeted by hackers due to the large amount of critical customer data they handle. Any loss of personally identifiable information (PII) can lead to lawsuits,
Smart money app Plum and fintech unicorn Bitpanda have joined forces to make crypto investing available to Plum’s rapidly growing European customer base. The development underlines the growing demand from investors in Europe for easy access to safe cryptocurrency trading that allows them to diversify their investment holdings. Plum’s specialized financial services app is now completely linked with Bitpanda’s
While the financial services industry is viewed as lacking significant diversity, many studies have shown a strong business case for promoting diversity and inclusion. A recent study, The Journey of African American Insurance Professionals, offers some practical suggestions for recruiting and retaining African Americans, a group that is underrepresented in the industry. The study, conducted in
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it is partnering with Snowflake, the Data Cloud company, to transform how data is accessed, shared and leveraged across a number of its services. Using the Snowflake Data Cloud, DTCC aims to further promote market
Nova Credit, the world’s leading consumer-permission credit bureau, today announced that it has partnered with HSBC to provide the bank with global access to its cross-border credit data product, Credit Passport, creating more opportunities for credit access to cross-border customers across the globe. Through this partnership, HSBC will have the authorization to access the translated
Small businesses make up more than 99% of the economy and are responsible for 65% of new job creation. In our opinion, there’s nothing “small” about that. Many financial institutions (FIs) disregard small business owners despite these statistics. Only 25% of small-to-medium sized businesses (SMBs) have awarded relationship managers a “very good” rating since COVID-19, according to
Chase, the largest co-brand card issuer in the U.S., and DoorDash, the local commerce platform, today announced plans to launch the first-ever DoorDash credit card, with Mastercard as the exclusive payments network for the new card. The DoorDash Rewards Mastercard will allow cardmembers to unlock benefits and earn rewards on purchases both on and off the DoorDash platform.
Leading digital banking infrastructure enabler Signzy today said that it had raised INR 210 Crore (US$26 Million) from Gaja Capital and its existing investors, Vertex Ventures and Arkam Ventures, in its latest funding round. The Bengaluru-based Fintech SaaS startup further stated that it would use the additional funds to improve its “No-code Workflow Digitalization” platform and solutions
Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced the expansion of its relationship with Amazon to Canada, bringing increased payment flexibility and transparency to customers shopping on Amazon.ca. This payment option will be available during checkout to all eligible customers in both English and French within the next month.
Even before the pandemic hit, sectors like retail, gaming or e-healthcare moved quickly to embrace the speed, convenience and experience of digital services – led by technology pioneers like Amazon or Google. Despite the availability of online tools and support via apps or chatbots, traditional banks and financial institutions have traditionally encouraged consumers to visit
FintechCashier’s new banking business model and future services are promising. Yes, you heard right, FintechCashier is to release its first “Lite Label” Banking-As-A-Service subscription that allows it to manage the Merchants/ Affiliates/ Customers/ Acquirers and Prepaid issuing all from Backend solution. FintechCashier has recovered from the entire COVID-19 pandemic and is now more resilient than ever. They now