American Express is expanding its decade-long relationship with Microsoft to develop a suite of solutions based on Microsoft’s AI and Cloud technologies, focused on reducing travel obstacles for employees and businesses. Karma. The first solution developed through this partnership will improve the cost management process by addressing some of the issues faced by business travelers
Flutterwave, Africa’s leading payment technology company, today announced that it has obtained a Payment Provider and Payment Facilitator license in Egypt. The licenses will allow Flutterwave to act as an official payments provider in the country, collect payments on behalf of its customers, and settle payments locally and globally. These licenses will allow Flutterwave to
Let us explain in this short video why you don’t need to become a fintech to embed financial services into your digital product. After all, you’re a business, not a bank. Weavr is the fastest and most cost-efficient solution for any business wishing to embed finance. Our Financial Plug-ins are fully-formed solutions that bring together
Plum, the smart monetization app, today announced its new positioning “Money Driven” with a TV ad and digital campaign created by Founders Makers. The new campaign conveys Plum’s comprehensive offer to help people save more and build wealth, at a time when financial management is arguably more important than ever. The UK public has a
With many innovations in the field, the field continues to grow through the implementation of many areas of technology, such as chatbots, artificial intelligence, digital banking, blockchain and augmented reality. Due to these changes, many companies are able to provide high-quality service at an affordable price. Overview of the fintech market The market for fintech
Clarity AI, the leading global sustainability technology platform, announced a partnership with Refinitiv, a London Stock Exchange Group (LSEG), to develop the SFDR Reporting Specialist. The SFDR is an important part of the EU’s Sustainable Finance Action Plan, which aims to encourage capital inflows into companies and activities that support the EU’s social and environmental
Wipro Limited, leading technology services and consulting company, announced the launch of a new Middle East financial services advisory capability. Capco, a Wipro company, will offer strategic management and technology consulting capabilities to financial services firms in the Middle East to enable their transformation, digitization, and business consolidation initiatives. Regional macroeconomic trends, including diversification away
KuCoin, one of the largest exchanges worldwide, announced that it has engaged Mazars, a leading international audit, tax and advisory firm, to provide a third-party factual findings report. Mazars will provide greater transparency and reporting on whether their in-scope assets are collateralized to KuCoin’s current and potential consumers. It will also give specifics to demonstrate
Positive news, yes? Actually, no. The percentage of after-tax income that consumers save personally is known as the personal savings rate. The increment’s 1% increase is an issue. Among 100 people, none spend. Because they may only purchase in certain quantities, they “save.” Their after-tax income that hasn’t been spent rises along with their income.
Authorize payment transactions by simply touching your credit card, securely and quickly. Sella is piloting a credit card with biometric identification that, thanks to a small chip sensor, allows people to make payments with their fingerprints. The rollout of the new card, enabling biometric verification for direct and contactless payments, was led by Sella Personal
Smart money app Plum announces that it ranked no.1 among fintech and no.5 overall in the 2022 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years. Plum grew 7,735 percent during this period. “We’re delighted to be
Banks and credit unions need to start planning for the difficult economic situation that lies ahead. Due to the greater availability of cash, growing inflation and interest rates, the number of available positions, and pay inflation, this upcoming recession will be very different from the one that occurred in 2008. However, banks and credit unions
