Wayflyer Partners With Australian Digital Marketing and Payments Providers To Expand In the Region

The e-commerce revenue-based financing and marketing analytics platform Wayflyer has recently announced plans to expand its presence in Australia through new hires and investments in the country’s rapidly growing small to medium-sized e-commerce businesses and Direct-to-Consumer (DTC) brands. The company will significantly increase staffing at its current Alexandria, Sydney-based office to provide up to AU$100…

Shinhan Bank Joins Hedera Governing Council to Increase Digital Transformation Efficiency

South Korean-based Shinhan Bank has recently joined the Hedera Governing Council, the body that oversees distributed governance of the Hedera network. Shinhan Bank continues to leverage distributed ledger technology (DLT) to drive financial innovation. In January of 2021, Shinhan invested in Korea Digital Asset Custody (KDAC), an industry consortium of businesses that provide digital-asset custody…

Neo4j: Why Graph Technology Is the Key to Fraud Detection

With fraudulent activity on the rise, financial organisations need to keep up with their compliance requirements, avoiding fines and keeping themselves and their customers safe. One method of fraud detection involves graph technology. Someone who knows all about this is Nik Vora, Vice President – APAC at Neo4j, a leader in graph technology. In this…

ConsenSys Finalise $65million Investment To Accelerate The Convergence of Decentralised Finance

ConsenSys has announced the final close of its $65million formation round to accelerate the convergence of decentralised finance (DeFi) and Web3 applications on Ethereum with enterprise blockchain infrastructure. Global financial services firms J.P. Morgan, Mastercard, and UBS invested alongside leading blockchain companies, including Protocol Labs, the Maker Foundation, Fenbushi, The LAO, Alameda Research. Additional investors…

Behind the Idea: AutoRek

AutoRek finds itself at the heart of a movement, a shift in the way financial institutions conduct their back and middle office operations. The COVID-19 pandemic has accelerated the adoption of automated solutions for manual tasks. Over the last 25 years AutoRek has assisted nearly 100 leading firms to rid their business of manual intervention…

Spotlight Middle East and Africa: Cybersecurity with Help AG

The changes happening in the Middle East and Africa (MEA) with respect to fintech and wider digital transformation have been noted. The Fintech Times sits down with Stephan Berner, Chief Executive Officer of Help AG, to discuss them in more detail. Stephan Berner is the Chief Executive Officer of Help AG Stephan Berner established Help…

Tipalti Dedicates Itself to Mid-Market Business Following Approve.com Acquisition

Tipalti, a payables automation platform, has announced its acquisition of Approve.com, a cloud procurement solutions provider, to expand its portfolio of financial operations offerings. Together, Tipalti and Approve.com will offer finance leaders modern and advanced solutions to streamline manual processes which will enable their customers to achieve their vision. The combination of these two companies…

Tipalti Dedicates Itself to Mid-Market Business Following Approve.com Acquisition

Tipalti, a payables automation platform, has announced its acquisition of Approve.com, a cloud procurement solutions provider, to expand its portfolio of financial operations offerings. Together, Tipalti and Approve.com will offer finance leaders modern and advanced solutions to streamline manual processes which will enable their customers to achieve their vision. The combination of these two companies…

Digital Fraud in the Age of the Pandemic

The world was hit by a global pandemic in 2020 which completely disrupted every working sector and the lives of everyone involved. The public were forced to stay at home as countries entered lockdown in an attempt to stop the spread of the virus. While some companies were able to benefit from the increased need…

Digital Fraud in the Age of the Pandemic

The world was hit by a global pandemic in 2020 which completely disrupted every working sector and the lives of everyone involved. The public were forced to stay at home as countries entered lockdown in an attempt to stop the spread of the virus. While some companies were able to benefit from the increased need…

Mastercard Signs MENA Region’s First Tap-on-Phone Agreement with Geidea

Global technology company Mastercard, and Saudi Arabia-based fintech company Geidea, have recently announced a strategic partnership agreement to accept Mastercard payments on Tap-on-Phone solution in Saudi Arabia – the first agreement of its kind to be signed in the MENA region. Tap-on-Phone is an innovative, intuitive, and cost-effective app-based solution that allows small businesses to…

Mastercard Signs MENA Region’s First Tap-on-Phone Agreement with Geidea

Global technology company Mastercard, and Saudi Arabia-based fintech company Geidea, have recently announced a strategic partnership agreement to accept Mastercard payments on Tap-on-Phone solution in Saudi Arabia – the first agreement of its kind to be signed in the MENA region. Tap-on-Phone is an innovative, intuitive, and cost-effective app-based solution that allows small businesses to…

How Paytech and Digital Adoption Will Breathe New Life in QSRs Post-Covid

As the UK begins to emerge from lockdown, quick service restaurants (QSRs) and other restaurant outlets will be able to reopen to full capacity after many months of closed doors or reduced operations. However, once they are allowed to reopen, how will adopting an omnichannel approach allow them to do so safely and hygienically? As…

How Paytech and Digital Adoption Will Breathe New Life in QSRs Post-Covid

As the UK begins to emerge from lockdown, quick service restaurants (QSRs) and other restaurant outlets will be able to reopen to full capacity after many months of closed doors or reduced operations. However, once they are allowed to reopen, how will adopting an omnichannel approach allow them to do so safely and hygienically? As…

Facial Recognition Will Secure Payment Authentication for 1.4 Billion People by 2025

A new study from Juniper Research has found that the number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025; increasing from the 671 million figure recorded in 2020. This rapid growth of 120% demonstrates how widespread facial recognition technology has become; fuelled by its low barriers to…

Remittance Services Sweeping Across APAC With Nium and Travelex Partnership

The foreign exchange company Travelex has partnered with the global payments platform Nium to extend digital remittance services to their users. Now live in Australia and Singapore, the digital remittance offering – Travelex International Money Transfer – will be serviced by Nium’s global payment rails and real-time payment capabilities, enabling Travelex users to transmit money…

UK-Based Regtech Steeleye Announce US Expansion

SteelEye, the UK-based compliance technology and data analytics firm, has announced its plans to bolster its footprint by expanding into North America. SteelEye, which has seen rapid growth in Europe since launching in 2017, delivers a comprehensive SaaS-based regulatory technology platform that allows banks, brokers, and asset managers to simplify their compliance processes across various…

Could New UK Laws Stop Gambling Biz from Sponsoring Sports? Don’t Bet on It

A new review of UK gambling laws has been launched by the Department for Digital, Culture, Media and Sport (DCMS) with initial calls for evidence having now closed. But with the UK already imposing some of the strictest advertising and promotional rules in Europe, what could this mean for the future of sponsorship in sports?…

Spotlight Asia: Lessons APAC Can Learn From UK Accountability Regulations

Technology can help the financial industry in Asia-Pacific prepare for the drive towards improving accountability from the top level of an organisation all the way down to the bottom says Gordon McKeown, head of audit, risk and compliance product (ARC) at software firm Ideagen. Here he explains how companies can manage and comply with new…

Strategic Gaming and Silicon Valley Partners Join The Sandbox’s NFT Metaverse

The decentralised social metaverse platform The Sandbox, a subsidiary of Animoca Brands, has recently announced the addition of multiple members from the Non-Fungible Token (NFT), investment, and music industries to its growing list of partners. As with previous partners, the new entrants have joined The Sandbox’s virtual real estate by acquiring LAND NFTs in the…

Crypto Climate Accord Launches to Decarbonise Crypto Industry by 2030

Energy Web, Rocky Mountain Institute (RMI) and the Alliance for Innovative Regulation (AIR) has announced the launch of the Crypto Climate Accord – a private sector-led initiative committed to making the cryptocurrency industry 100% renewable. Inspired by the Paris Climate Agreement, the Accord brings together the crypto and financial technology (fintech) industry to build a…

African Inter-University Hackathon Brings Students Together on Zindi for Data Science

UmojaHack Africa 2021 was an unprecedented success, bringing more than 1000 students from 126 universities across Africa to compete on Zindi in a virtual machine learning hackathon on the weekend of 27-28 March. More than $10,000 in prizes were awarded to data science students from 9 African countries, and more than 8500 submissions were made…