UK fintech Dojo receives e-money licence to launch in Ireland
Dojo has been granted its e-money licence from the Central Bank of Ireland, enabling the payment provider to bring its innovative payment technology to Ireland.
Identity Document Verification: Debunking the Top 5 Myths
Fraudsters will never stop searching for vulnerabilities, but businesses can fortify their defenses with robust identity document verification.
Mambu facilitates hypergrowth for Cake, dominates Asia Pacific cloud banking platform market
Mambu has worked with Vietnamese digital bank Cake to replace its core banking technology in just 74 days, in a record for the region.
Circle completes $440 million financing to drive growth and market expansion
Global fintech firm Circle announces it has raised US$440 million in financing from leading institutional and strategic investors.
FinTech brand TrueMoney paves the way for low remittance rate for Filipinos
TrueMoney is the largest and fastest growing mobile payment and financial service provider is Southeast Asia. It was established in 2003 as part of the True Corp and CP Group. In the last 2 years, they expanded to other emerging markets in Southeast Asia. They now have presence in multiple markets such as Thailand, Cambodia, Myanmar, Indonesia, Vietnam and the Philippines, with more markets being opened soon. Xavier Manzan, Country Managing Director and CEO for TrueMoney Philippines said, “Our Mission is really to provide access to affordable financial services, to particularly the unbanked and underserved populations today.” In the Philippines, 70% of adults are considered “unbanked,” according to Manzan while […]
Growing demand for mobile payment services across Asia
Cashless payments are growing in Asia with consumers lured by an increasing array of services, from smartphone payment apps such as e-wallets to stored value cards and cheap online interbank transfers. Many like the convenience and safety of not having to carry cash. But the growth is not universal, and, in some countries, cash remains king because of fears of identity theft as well as the lack of infrastructure and lack of knowledge of the digital world. Insurance agent Zhang Tong goes out for lunch every day without a dollar on her. She pays for her noodles by scanning a QR code with her phone, which is also how she […]
This FinTech CEO is making money instantly available anywhere in the World
The consumer financial services industry currently boasts a $33.5 billion market cap globally, supplying consumers with various loans and lines of credit. For years, the most common and accurate way of indicating whether consumers qualify for an approved loan or credit line was by analyzing general online data and traditional credit intelligence metrics. Today, with real-time consumer data becoming easily accessible and more emphasis is placed on creating cutting edge banking solutions for a mobile generation, financial technology companies have risen and claimed a reputation for actively disrupting the traditional banking infrastructure. Consequently, the existing challenge for FinTech startups and their big bank counterparts is whether to continue operating independently, […]
