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During Tencent Cloud Europe’s Stake Sale, PB Fintech Scores Rs. 677 Crore...

In a significant development within the fintech realm, PB Fintech encountered a substantial block deal amounting to Rs 677 crore following Tencent Cloud Europe’s decision to sell its stake. This...

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Fintech Companies Return Home During Valuation Increase and Capital Transfer

In a notable trend reshaping the fintech sector, companies are pivoting back to their home markets, lured by attractive valuations and enhanced capital accessibility. This strategic move reflects a...

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Stanbic Bank Kenya Prepares for Core Banking Upgrade with Orion Innovation...

Stanbic Bank Kenya has revealed its intentions to undergo a significant upgrade of its core banking system in collaboration with Orion Innovation and Temenos. This strategic move underscores the...

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PM Modi: India’s Fintech Status Was Raised Abroad and UPI Was Essential in...

Prime Minister Narendra Modi has lauded the Unified Payments Interface (UPI) for its instrumental role in India’s fight against COVID-19 and its remarkable contribution to enhancing the country’s...

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Fintech Gets Nexxus Group for Consignment-Selling Technology to Broaden...

In a strategic move aimed at enhancing its technological capabilities, a leading fintech company has announced the acquisition of Nexxus Group, a prominent player in consignment-selling technology....

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Resolving Fintech Compliance in the Context of Regulatory Inspection of...

With regulatory bodies increasingly scrutinizing the handling of sensitive data in the fintech sector, compliance has become a top priority for companies operating in this space. Fintech firms are...

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Nubank Enters Mobile Networks: Neobanks’ Rise in the Telecommunications Sector

In a bold strategic move, Nubank, a prominent player in the neobanking sector, has announced its foray into the mobile network industry. This decision underscores the evolving landscape of fintech and...

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World Business Chicago and Greenwood Project Collaborate for ‘Fintech Fest

World Business Chicago and Greenwood Project have joined forces to host ‘Fintech Fest,’ an event aimed at equipping the next generation with opportunities in the fintech sector. This collaborative...

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Reliance Fires First Shot in Fintech Arena with JioFinance App Launch

Reliance Ventures into Fintech In a strategic move, Reliance, led by Ambani, has entered the fiercely competitive fintech landscape with the launch of the JioFinance app. This bold step marks...

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Why Fintech Startups Have Found It Difficult to Displace UK Banks

The Fintech Challenge Despite the rapid growth and innovation in the fintech sector, upstarts have struggled to dethrone established banks in the UK. This ongoing battle highlights the resilience of...

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Capital One Partners with Stripe and Adyen to Prevent Fraud

Collaborative Efforts in Fraud Prevention In a remarkable display of industry collaboration, Capital One has joined forces with financial giants Stripe and Adyen to address the growing threat of fraud...

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UK Neobank Starling’s Reapplication for an EU Banking License Will Be Rejected

Starling Bank, a prominent neobank in the UK, has announced its decision not to reapply for a banking license in the European Union (EU). This strategic move reflects the bank’s focus on its domestic...

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Vestwell Strengthens 401(k) Leadership Through JPMorgan Deal

Vestwell, a leading digital retirement platform, has announced a strategic partnership with JPMorgan Chase to enhance its 401(k) offerings. This collaboration is set to bolster Vestwell’s position in...

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What is FinTech and Why is it important?

Fintech, short for financial technology, refers to the integration of technology into offerings by financial services companies to improve their use and delivery to consumers. It has become a crucial...

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Mexico’s Unbanked Population Becomes Significant Target for Fintech Companies

In Mexico, the previously overlooked unbanked population has now become a significant focus for fintech companies, opening up new opportunities for financial inclusion and innovation. The Unbanked...

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Argentine Banks Raise Complaint Against Mercado Libre’s Fintech Business

Argentine banks have taken legal action against Mercado Libre, a major e-commerce and fintech company, alleging unfair competition and regulatory violations in its fintech operations. Background of...

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Robinhood’s Crypto Head Eyes Bitstamp to Attract Wealthy Investors

Robinhood’s head of cryptocurrency operations has revealed plans to leverage Bitstamp’s expertise to entice affluent investors, signaling a strategic move in the competitive crypto market. Background...

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Fintech Companies Aim to Expand Into Generation Z

Fintech companies are increasingly focusing their efforts on capturing the attention and loyalty of Generation Z, recognizing the potential for significant growth within this demographic....

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Boost Bank Launches Digital Banking App in Malaysia

Boost Bank has officially unveiled its digital banking app in Malaysia, marking a significant milestone in the country’s financial landscape. Boost Bank Boost Bank, a subsidiary of Axiata Group, is a...

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Is Banking Working Today? Analyzing the Current State of the Financial Sector

The banking industry has undergone significant changes over the past few decades. Today, we explore whether the banking sector is effectively meeting the needs of consumers and businesses in the...

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