Category Archives: Finance

23Apr/21

Mobile Wallet Adoption Rate to Increase to 75 Percent by 2025, Says Beroe Inc

The global mobile wallet adoption rate is expected to witness an upward trend in the coming years amid an increase in the digital payment market through the usage of mobile payment wallets and contactless payments as an alternative to credit/debit card transactions on a global scale, says Beroe Inc. Continue reading

20Apr/21

Finastra announces winner of its hackathon to tackle bias in financial services

Finastra has announced the winner of its recent hackathon – Hack to the Future 3. Launched to help build an unbiased fintech future, the event saw over 600 participants from more than 50 countries, including Antarctica. With many women-led and diverse teams of students, fintech enthusiasts, financial institution developers and fintech founders all joining the movement, the hackathon is a step towards positive change and redefining the future of finance. Continue reading

12Apr/21

FICO Survey: UK Banks Struggled with COVID-19 Fraud and Money Laundering Surge

As cases of fraud and money laundering rose during the pandemic last year, banks in the UK faced unforeseen challenges. In a new study by global analytics software provider FICO and independent research firm OMDIA, 79 percent of respondents from UK banks said that working from home had a high or major impact on the effectiveness of their financial crime prevention. Continue reading

05Apr/21

ICC and TradeFlow Capital Management join forces to enable commodity trade for SMEs

ICC Secretary General John W.H. Denton AO announced an ambitious partnership with TradeFlow Capital Management (TradeFlow) during the World Trade Organization’s 2021 Global Trade & Blockchain Forum, as part of ICC’s growing effort to enable SME access to short-term liquidity to survive the ongoing economic crisis and thrive in the post-pandemic future. Continue reading

29Mar/21

BlackRock Tops the First Fund Brand 50 Global Asset Manager Rankings

Fund Brand 50 (FB50), an annual research study by global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), celebrated its 10th anniversary with a global edition – highlighting the world’s best-performing, third-party asset management brands. Continue reading

16Mar/21

Opera hires PayPal and WeChat Pay veteran Allen Hu as new EVP of its fintech arm, Dify

Opera Limited (NASDAQ: OPRA), one of the world’s major browser providers with 380 million monthly active users globally, today announced it has hired PayPal veteran Allen Hu to become new Executive Vice President (EVP) of Dify, Opera’s fintech arm. An expert in financial technology and payments, Allen Hu will lead the Dify business. He brings a wealth of experience from nearly ten years at PayPal, where he was Regional Head of Global Core Payments, based in California. Continue reading

09Mar/21

Spend local currencies, the multicurrency Wirex card is coming.

Introducing the multicurrency Wirex card

It’s the payment card that makes crypto and traditional currencies equal. Realtime point-of-sale conversion, zero exchange fees and up to 2% bitcoin rewards on all spending. Join Wirex and get yours now.


15Feb/21

Crypto Finance Group: Why Every Bank Will Need a Crypto Asset Strategy

ZURICH, Feb. 15, 2021 /PRNewswire/ —

We live in an age of digital disruption that has accelerated over the last year. Central banks are unleashing record levels of monetary stimulus, while technology continues to rapidly reshape our global economy. It has shown us that conventional thinking will not bring the answers for what lies ahead. In the midst of this change, crypto assets are emerging as a ‘safe-haven’ asset for institutional investors looking for alternative stores of value for their investment portfolios. Continue reading

29Jan/21

Gemini research reveals 2 in 5 crypto investors in the UK are women

National survey finds 13.5% of UK population are current or previous investors in digital assets, up 152% from previous studies

LONDON, Jan. 29, 2021 /PRNewswire/ — New data from Gemini, the cryptocurrency exchange and custodian, presents the demographic profile of existing and potential crypto investors in the UK market. The results of a nationally representative survey of 2,000 respondents challenge certain long-held stereotypes about consumer engagement with digital assets, while reinforcing other past research. Continue reading