Starting on April 14th consumers in India will be able to use their Aadhaar ID number to make payments; in theory this could replace payment services like PayTM and debit and credit cards; the Aadhaar Payments System (APS) will allow consumers to use their fingerprints to complete a transaction so long as they have an APS linked bank account; the system is not without drawbacks as there are privacy concerns and the entire system is based around data protection; this does fit in with Prime Minister Narendra Modi's move to a cashless society, though it remains to be seen how everyday consumers will utilize it. Source
“We want to break finance free from behind the desk work, connect all the stakeholders in a business so they...
Desde su llegada al país, explicó, han estudiado el mercado, y han descubierto oportunidades que planean aprovechar con esta alianza.
Launching out of stealth with a $20M Series A in June, Able makes processing commercial loan applications fast and easy.
ABN AMRO launched New10 to offer an initiative for SMEs looking to take out a loan entirely online; Mark Schröder, co-founder and Commercial Director of New10, "New10 responds to the desire of SMEs to finance their growth ambitions online, quickly, easily and clearly."; New10 provides loans ranging between EUR 20,000 and EUR 1 million. Source.
Abra has announced a partnership with American Express (NYSE:AXP) to offer a card that provides for crypto rewards.Similar to traditional perks, the Abra...
Fintech Nexus spoke with Pat Utz, CEO and Founder of policy intelligence firm Abstract about how businesses are navigating the...
Crowdfunding platform, Abundance, has launched the UK's first innovative finance individual savings accounts (IFISAs) for investors in crowd bonds; the investment offering follows an announcement from the UK Treasury that it will extend qualified investments in UK IFISAs to crowd bonds; platform offers bond investments from renewable energy companies; the company is able to offer the IFISAs because of its status as an investment-based crowdfunding platform. Source
Fintech summer continues as insurtech giant Accelerant, long-rumored for IPO, debuted on the New York Stock Exchange under the ticker...
Steps are being made to close the gender divide in fintech, but lack of access to funding can be crippling to female-led firms.