Top Stories

PayPal expands strategic partnership with Adyen to offer Fastlane in the US

PayPal has announced the strengthening of its global strategic partnership with Adyen, the global financial technology platform of choice for leading businesses. Within the expanded partnership, Adyen will offer Fastlane by PayPal to accelerate guest...

2 million people join Chime’s MyPay waitlist

In May, Chime announced the news of its latest product innovation: MyPay. And word spread fast! People across the country are done waiting for payday. Within 48 hours of sharing the news of MyPay and early access to the product for eligible members, more...

Revolut receives UK banking licence

Revolut, the global FinTech with over nine million UK customers and 45 million globally, has announced that it has received its UK banking licence with restrictions from the Prudential Regulation Authority (PRA), the regulator responsible for overseeing the UK...

NatWest gives its digital assistant a Generative AI upgrade with IBM

NatWest Bank has announced the launch of Cora+, an upgrade to its digital assistant, Cora, developed in collaboration with IBM. Being one the first banks in the UK to deploy GenAI through a digital assistant.  In 2023, Cora helped customers with 10.8...

Nigeria on track to cashless society

Abimbola Pinheiro, CEO of O3 Capital, delves into Nigeria’s swift journey towards a cashless society, examining how digitalisation is reshaping daily transactions, enhancing financial inclusion and fostering economic growth. Discover how innovative...

Digital lending offers GCC banks effective inroads into the vital SME segment

Sara Hoteit, Regional Manager for the Middle East at Backbase, explores how digital lending is revolutionising GCC banks’ engagement with the vital SME sector. By embracing digital solutions, banks are not only addressing the unique needs of modern...

Off the Books: Robert Kraal, Co-founder and CBDO, Silverflow 

Robert Kraal, Co-founder and CBDO, Silverflow speaks to us about his company, the challenges facing FinTechs today and advice for fellow entrepreneurs. What initially sparked your interest in the payments and FinTech industry, and what continues to drive your...

European financial services hesitate on AI adoption amid job and regulatory concerns

Financial services leaders are hesitant to implement Artificial Intelligence (AI) amid concerns that its impact is outweighing the benefits of productivity gains and cost cuts, according to European FinTech executives.    AI has the potential...

Blockchain identity management market aims for US$293.39 billion by 2031

According to SkyQuest, the global Blockchain Identity Management Market size was valued at US$1.3 billion in 2022 and is poised to grow from US$2.37 billion in 2023 to USD 293.39 billion by 2031, growing at a CAGR of 82.6 % during the forecast period...

Ukheshe rebrands to EFT Corporation to lead FinTech innovation and banking beyond tomorrow

In a bold step towards redefining the future of financial technology, Ukheshe has announced its official rebranding to EFT Corporation. The move consolidates Ukheshe’s pioneering digital solutions with EFT Corporation’s extensive reach and expertise under one...

Harnessing the potential of mobile payments in Africa

Dalene Deale, Strategic Consultant at Halo Dot, discusses the company’s new mobile payment technology.   Financial inclusion remains a critical barrier across Africa. A considerable segment of the population remains alienated from basic banking services. Yet...

Bridging the gap between online and offline payments without a reliable Internet connection

SecurityTech company Giesecke+Devrient (G+D) is making digital payments independent of online connectivity. The token-based payment solution G+D Filia Unplugged enables consecutive, secure offline payment transactions anytime and anywhere, bridging the gap...