Banking

Feb
22

Google steps up global fight for digital wallet as China dominates mobile payments

Mobile payment transactions in China added up to more than US$12.8 trillion last year, making it the world’s largest mobile payments market. Now US tech giants are playing catch up. To get a sense of how pervasive mobile payments have become in China, consider that on the eve of this year’s Spring Festival, 668 million […]

By Reposted by International FinTech | Banking . FinTech . Payments
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Feb
22

Temenos to create financial technology powerhouse as Fidessa agrees takeover

The boards of Temenos and Fidessa have reached an agreement on the terms of an all-cash takeover of the UK-based trading technology supplier in a transformational deal for the Swiss core banking vendor. Under the terms of the transaction, Fidessa shareholders will be entitled to receive £35.67 in cash for each Fidessa share, a 36.9% […]

By Reposted by International FinTech | Banking . FinTech
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Feb
15

Sydney Fintech Market Update

At Tier One People, we get to work with some amazing startups in FinTech and InsurTech. 2018 has got off to a flier, so here is the first Tier One People FinTech jobs update of 2018. There is an air of optimism that FinTechs are finally in a position to challenge banks, not just partner […]

By Reposted by International FinTech | Banking . FinTech
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Feb
15

The most important FinTech Innovations that will change our lives in the near future

Technology is affecting the topography of workflow and processes in the financial services industry. What was once handled with the assistance of human hands, physical currency and bulky computers has now been completely digitalized. It is an undeniable expanse of financial services globally and that has bred a fertile ground for FinTech startups. Start ups […]

By Reposted by International FinTech | Banking . FinTech
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Feb
02

Paris is city of Fintech love for startups seeking hookups

The fintech dating game is on in Paris. Entrepreneurs in Europe’s financial-technology sector are pushing low-cost payments solutions to steal market share from banks, hoping the challenge they pose will spur the lenders to buy them or seek partnerships with them. Many startups are eyeing deals or potential backing as they converge on Paris this […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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Jan
31

Indonesia’s fintech lending boom exploits shortfall in bank loans

Fintech firms, offering loans of as little as a few hundred dollars, are seeing a spike in lending in Indonesia where tens of millions of people have little or no access to bank credit – helping alleviate a financing shortfall estimated at more than $73 billion. The emergence of these peer-to-peer (P2P) lending platforms has […]

By Reposted by International FinTech | Banking . Borrowing . FinTech . Lending
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Jan
25

Fintech start-ups continue to disrupt the established order

Fintech start-ups are developing innovative new solutions to shake-up the financial services sector; established banks are having to decide whether to collaborate or compete. Banks have been the dominant force in the financial sector for decades, but it is very possible that this is about to change. Emerging financial technology start-ups are challenging this authority, […]

By Reposted by International FinTech | Banking . FinTech
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Jan
24

Banks and Fintechs are duelling in a ‘War For Talent’

Banks may be losing the talent battle to London’s financial-technology industry, but the war for the customer is still to come. Europe’s financial technology startups are on hiring mode, fighting each other – and the incumbents — in what one executive described as a “war for talent.” Payments company GoCardless Ltd., which employs 170 people […]

By Reposted by International FinTech | Banking . FinTech
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