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Frauds

Experian’s Innovative Network Tackles Fraud Risk in FinTech

World Fintech News May 27, 2023 0

Experian recently introduced a FinTech-centric variant of its prevention of fraud network in the United States. This new version of the Hunter network is being implemented in response to an increase in fraud in the FinTech industry, as announced on May 10th. The company stated in a press

fintech platforms

Composable Technology – An Interesting Fintech Development

World Fintech News May 27, 2023 0

As of May 10, 2023, the industry for composable technology is expanding at a rate of 50.4% per year. An interesting fintech development is introducing new composable origination technology to capture a larger share of this expanding market. Composable software is a cutting-edge technology that enables users to access a library of pre-built modular components […]

Frauds

Swissquote & NetGuardians Team Up to Avoid Financial Crime

World Fintech News May 26, 2023 0

Swissquote has selected NetGuardians for better fintech fraud prevention and to meet AML regulations. The NetGuardians, based on artificial intelligence, monitors all bank and digital finance app ‘Yuh’ transactions. The software developed by NetGuardians will assist Swissquote in bolstering the bank’s protection against Authorized Push Payment (APP) along

Investments & Exits

A New Era in Finance – Dubai FinTech Summit 2023

World Fintech News May 25, 2023 0

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the Minister of Finance of the UAE, inaugurated the Dubai FinTech Summit 2023. The Dubai International Financial Centre (DIFC) in the Middle East, Africa, and South Asia (MEASA) hosted the two-day event, which drew together 5,000 industry leaders, executives, policymakers, entrepreneurs, delegates, and investors from over

Fintech Stock

Story Behind Upstart’s 13% Drop Sending Shockwaves

World Fintech News May 24, 2023 0

In April, shares of the fintech company Upstart (NASDAQ: UPST) fell 13% despite the absence of specific news regarding the company. As a banking-related business, Upstart felt the effects of the banking crisis, resulting in a decline in its stock price. In 2022, as per Upstart stock news, it had already declined by 91% from […]

Investments & Exits

Comparing Tech Salaries – Fintech vs Traditional Finance

World Fintech News May 23, 2023 0

The financial technology industry has recently experienced some rough times. Many businesses have to tighten their belts and launch layoffs as a result of a lack of venture capital, the collapse of the cryptocurrency market, and concerns about a possible economic downturn. However, crowdsourced information is gathered from levels.fyi demonstrates that fintech’s

Investments & Exits

Impact of the Rise of Fintech Startups in Africa

World Fintech News May 22, 2023 0

Increased mobile phone penetration and the need for financial products and services among underserved communities have led to the rise of fintech startups in Africa. Mobile money, digital payments, and online loans are just a few areas where African fintech businesses are making a difference in the fight for financial inclusion. Due to the exorbitant […]

Investments & Exits

Fintech Revolution – APAC Set to Rule Global Market by 2030

World Fintech News May 21, 2023 0

According to “Global Fintech 2023: Reimagining the Future of Finance,” a report by BCG and QED Investors, the Asia-Pacific region, represented by India, Indonesia, and China, will overtake the US as the world’s leading fintech market by 2030. The survey predicts fintech will account for 7% of revenue by 2020 and is expected to rise […]

Investments & Exits

Fintech Stock Forecast – Is Square Stock Worth Buying?

World Fintech News May 20, 2023 0

Several factors must be considered by investors contemplating a position in Square-parent Block (SQ). The expansion of Square’s Cash App for consumers, the acquisition of Afterpay, and the potential impact on the U.S. economic recession play a significant role. The Square Cash App saw a rise of 17% in monthly active users, which contributed to […]

IPO News

Securities Class Action Lawsuit for Fidelity National

World Fintech News May 19, 2023 0

Recent developments have hurt Fidelity National Information Services’ bottom line and stock price. Changes in executive leadership, decline in stock price, rising competition in the Merchant Solutions industry, and the subsequent decision to sell a division are all highlighted here. These reasons have added to the investor anxiety,and as a class action lawsuit was