BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced an updated payment experience for crypto customers, which will begin rolling out this week, including support for dozens of new cryptocurrencies. Continue reading
Tag Archives: Financial technology
Study Shows Canadians Invest in Cryptocurrency to Enhance Living Standards and Quality of Life
Bitget, top cryptocurrency exchange and copy trading platform, has released a study that sheds light on the financial aspirations and investment behaviors of crypto enthusiasts across the globe. The research, conducted from May 2023 to August 2023, engaged over 1,500 participants from 20 countries, including Canada, Europe, Australia, Japan, and Turkey. Continue reading
Africa is not a jungle, it’s an innovation hub
June 20, 2023 /Business/ — Africa is the second-most populous continent in the world, with over 1.3 billion people. The continent’s economy is also growing rapidly, with an average annual growth rate of 5.5%. This means that there is a huge potential market for African startups. Africa is a continent with a lot of diversity, both in terms of its people and its economies. This can present both challenges and opportunities for businesses. However, the opportunities are significant, and there are a number of government initiatives in place to support innovation. Continue reading
Flutterwave and Token.io Team Up to Provide Pay By Bank Transfer to Users in UK and EU
Flutterwave, Africa’s leading payments technology company, has collaborated with Token.io, Europe’s leading account-to-account (A2A) payment infrastructure provider, to power Pay By Bank transfer capabilities for Flutterwave’s platform. The announcement was made today at the Money20/20 Europe fintech conference in Amsterdam. Continue reading
AWS announces the 25 startups selected for its first ‘fintech in Africa’ accelerator
25 African fintech startups have been selected for the inaugural Amazon Web Services (AWS) FinTech Africa Accelerator cohort. This cohort was selected from over 500 applications and is part of the EMEA Startup Loft Accelerator (SLA) program run by AWS. Continue reading
The current state of open banking regulation around the world.
April 25, 2023 /Finance/ — Open banking is a financial services term for the practice of allowing third-party financial service providers to access customer data held by other financial institutions, through the use of application programming interfaces (APIs). The goal of open banking is to promote innovation and competition in the financial services industry by giving consumers more choices and control over their financial data. Continue reading
Zambia’s digital asset regulation tests framework
April 16, 2023 /Finance Technology/ — Zambia is currently testing a technology that would form the foundation of digital asset regulation. The tests are being conducted by the Bank of Zambia (BoZ) and the country’s securities regulator, the Securities and Exchange Commission (SEC).
The tests are designed to assess the feasibility of regulating digital assets in Zambia. They are also designed to identify any potential risks associated with digital assets and to develop mitigation strategies. Continue reading
Industry players call for a ‘non-stop’ approach to Africa’s banking digitisation
If banks want to remain competitive in the face of neo-bank and fintech upstarts, they’ll have to fundamentally change the way they do business to be digital first. And if they’re going to achieve that goal, then working with technology partners to ensure that they have the right infrastructure in place will be crucial. That was the overriding message from the speakers at a media roundtable event hosted during the Huawei Intelligent Finance Summit for Africa 2023, recently held in Cape Town, South Africa. Continue reading
Reminder: 2Gather: London
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About this event
*Note: Due to the continuing changes with the rail strike in and around London, we have made the decision to change the 2Gather: London event that will take place on March 16th to an all virtual event.* For this special financial services and fintech event, we’re excited to have Bruno Aziza, Head of Data & Analytics, Google Cloud over from sunny California to lead conversations with customers sharing their stories about Google Cloud and the value it brings to their businesses. Come to this virtual event to:
See you there! Questions?
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Japanese fintech leader Smartpay first to launch the next phase of digital consumer finance through open banking
Japan-based fintech Smartpay has launched Smartpay Bank Direct, the country’s first digital consumer finance service that allows customers to pay for online installment purchases straight from their bank accounts. Smartpay Bank Direct emphasizes user security while delivering convenience for the consumer, through a network of 67 partner banks across Japan[1]. Smartpay is Japan’s first digital consumer finance company to utilize Japan’s open banking system. Continue reading