Mobile POS payment transactions in China to surpass US and Europe
Thursday, July 25, 2024 by Brittany Hainzinger
Although mobile POS payments have become widely adopted among tech-savvy consumers worldwide, no country is even close to China, the world's largest mobile payments market. In 2024, almost 570 million Chinese will use mobile wallets for POS payments, twice the combined number of Americans and Europeans. This will generate an impressive $1.72 tril...
NFT solution for banks and fintechs from Rarible
Tuesday, November 7, 2023 by Freeman Lightner
Metallicus, the core developer behind Metal Blockchain and Rarible - a cross-chain NFT marketplace, jointly announced a strategic partnership to explore the development of compliant digital ownership solutions for the banking and fintech sectors.
Metal Blockchain and Metallicus recently solidified strategic integrations with leading financial service entities to...
AI expands cross border payment capabilities
Monday, August 8, 2022 by Freeman Lightner
Once regarded as a futuristic technology confined to the realm of films and comic books, AI’s science-fiction reputation has given way to practical usage in a fast-growing range of everyday business processes in the finance industry. This extends to cross-border payments, where AI is already automating processes to speed up transactions, strengthen security and im...
TruEra and Demyst win at the Global Veritas Challenge 2021
Monday, November 15, 2021 by Freeman Lightner
TruEra, along with its data partner Demyst, has emerged as one of the three winners of the Global Veritas Challenge 2021 at the Singapore Fintech Festival, the world's largest fintech event. The winning solution competed in the credit scoring and credit profiling category, demonstrating that third-party data and AI Quality management solutions together can impr...
Conversational AI for Fintechs is out now from Finn AI and MX
Tuesday, September 24, 2019 by Freeman Lightner
Finn AI, the AI-powered conversational banking technology provider, has announced a new partnership with MX, the data platform for banks, credit unions, and Fintechs. Together, Finn AI and MX will combine the power of clean and enhanced financial data with conversational AI to deliver personalized, digital-first experiences for millions of consumers around the worl...
Fintech and developers get challenged by Finastra appathon
Thursday, July 11, 2019 by Richard Harris
Finastra has issued a challenge to Fintechs and developers with its first-ever public appathon, inviting anyone with a good idea to build an application that solves a common pain point for North American community banks and credit unions, using its FusionFabric.cloud platform.
Participants will use Finastra’s US Banking APIs, accessible for free on the FusionFa...
Diebold Nixdorf and Kony form strategic partnership
Friday, May 26, 2017 by Austin Harris
Diebold Nixdorf, provider of connected commerce, announced a strategic partnership with Kony, Inc., an enterprise mobility and application company, to offer white label mobile application solutions for financial institutions and retailers. The next generation mobile application suite - DN Mobile - will enable a unified and highly personalized experience by leveraging cr...