A checkout free shopping experience is not anymore a concept but now a reality among shoppers in Turkey. Turkish digital wallet outfit BKM recently introduced a system that lets shoppers bypass the checkout and instead pay for their items with their phones. The system offers comfort to consumers since it requires...
The moment of wearable payments is around the corner, as Visa has reached an agreement with National Bank of Greece and CaixaBank. The purpose of these deals is to allow customers to make secure transactions via their watches and jewellery. Mike Lemberger, head, product and solutions for Visa in Europe,...
Manchester and London Fintech Firms To Work Together: Modern technology and new regulations are pushing transitions in typical financial institutions in London. If these firms could join forces with the ballooning Fintech community in Manchester, they would rise to higher notches in the near future. In this era of new...
Know These 5 Things Before Launching A Fintech Startup Financial Technology (also known as FinTech), is the technology that aims to create a better, effective and a modern method than the current traditional methods in the delivery of financial services. Technology has greatly influenced the current financial systems and the...
In the series of International heists Bangladesh bank lost $81 million: Cyber theft that resulted in $81 million stolen from the Bangladesh Central Bank was similar to the methods employed to steal $2 million from the Indian City Union Bank, according to the CEO of City Union Bank. Earlier, the hackers...
DIFC And MEVP Strike MoU To Explore Investment Opportunities: The Dubai International Financial Center, a leading international financial hub in the MAESA community, and Middle East Venture Partners made an agreement to probe the investment and management opportunities in the Fintech’s $100Million fund. Walida Hanna, CEO at MEVP, a regional-based...
The Effect Of Fintech And Payments Innovations: The global payments landscape has grown tremendously over the past few years. The uncurbed and rapid evolution of online and mobile commerce has introduced many new payment methods. E-wallet, peer-to-peer payments are all products that are designed to comfort the consumers and benefit...
Today, Yahoo Finance introduced an amazing app which is known as Tanda and this app helps small organizations that consist of eight to nine employees to save money collectively for their short-term plans. Basically, the concept is all people save some money from their salaries and each month one...
The FinTech Effect on the Overseas Money Transfer Industry: Sending money from one country to a different was not particularly easy until the turn of the last century, when individuals needed to choose from banks and a few high-street forex brokers. The arrival of numerous FinTech companies within this...
The Change Fintech Is Bringing In Banking:  The world has gone fast in previous years. Time is precious these days and in the world of business, if you are not keeping yourself busy on the right spot, you aren’t on the path to success. Yesterday – Today and Tomorrow The world has...