Category: Fintech
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Deutsche Bank Sees Opportunity in Unlocking Embedded Finance | PYMNTS.com
[ad_1] The value proposition for embedded finance becomes clearer by the day. Businesses see integrated, personalized payments and lending connected directly to their digital platforms. Consumers see new payment options added to their digital experiences. Nonbank financial institutions can offer new services within existing products. Banks see an opportunity to bring the Banking-as-a-Service (BaaS) model…
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SAMA Promotes Financial Innovation in Saudi Arabia With a Focus On Open Banking | The Fintech Times
[ad_1] The Saudi Central Bank (SAMA) is working on strengthening the Saudi Arabian fintech ecosystem, and in doing so, has recognised the potential of open banking. As a result, SAMA has announced the issuance of the second release under the open banking framework, focused on the payment initiation service (PIS). The new release has been…
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Ecommerce Firm Thrasio’s Collapse Leads to Private Equity Fight | PYMNTS.com
[ad_1] The collapse of eCommerce startup Thrasio has reportedly triggered a fight between its former private equity backers. Oaktree Capital Management has written a letter to private equity (PE) firms Silver Lake and Advent criticizing them for their oversight of Thrasio, the Financial Times (FT) reported Sunday (Sept. 8). All three firms had backed Thrasio,…
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Google News
[ad_1] N50 transfer levy may ground fintech, economists warn Punch Newspapers [ad_2] Source link
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Brazil preps new round of CBDC pilots
[ad_1] Google, Visa and Nubank are among the big names selected to take part on the second round pilots for Brazil’s Drex CBDC project. Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Brazil’s central bank has been working on a…
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Block Inc. overtakes Coinbase in market capitalization as Barclays revises price target
[ad_1] Block, Inc., the company behind payment processor Square, music streaming service Tidal, and bitcoin funding iniative Spiral, among other subsidiaries, has surpassed Coinbase in market capitalization for the first time since March. Coinbase’s stock declined this week amid falling prices across the crypto market, logging its worst week of the year so far. Coinbase…
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Report: DOJ Begins Probe Into Nvidia Contracts and Partnerships | PYMNTS.com
[ad_1] American regulators are reportedly probing whether tech giants are abusing their AI marketplace position. Among these companies under probe is Nvidia, the Wall Street Journal (WSJ) reported Sunday (Sept. 8). Sources tell the news outlet that the Department of Justice (DOJ) has already contacted the company — which owns more than 80% of the…
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Google News
[ad_1] ONLINE LENDER SAYS: Adoption of fintech through mobile apps seen hitting 80% by end of 2024 Malaya [ad_2] Source link
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Lithic Reduces Challenges Surrouding Currency Conversion With Expansion Into Canada | The Fintech Times
[ad_1] Lithic, the card-issuing technology company, is expanding its services to Canada, marking the company’s first entry into a non-US market. The announcement will see Lithic enable businesses to grow using its card programmes while allowing them to move money more easily. Furthermore, the expansion will see the card issuing firm introduce new multicurrency processing…
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Google News
[ad_1] CBL Institute of Banking Studies holds Conference on FINTECH in Benghazi Libya Herald [ad_2] Source link