In a move that was not announced due to concerns that anti-China sentiment in Vietnam could lead to potential pushback, China’s Ant Financial has quietly taken a significant share in the Vietnamese eWallet eMonkey. Ant Financial is a FinTech affiliate of the eCommerce company Alibaba...
FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be replaced entirely by robots. Those concerns have eased somewhat, however, as FinTech firms assure accountants...
An explosion of FinTech innovation has jump-started traditional financial institutions’ (FIs) digitization efforts. M&A initiatives and partnerships, Open Banking business models and data integrations, and significant investments in new, cloud-based products and services have legacy banks working intensely to meet customers’ digital demands. Get the...
Bangalore-based FinTech ZestMoney has raised $15 million in a Series B funding round led by Goldman Sachs and existing investors Naspers, Quona Capital, and Omidyar Network, reports detailed on Thursday (Dec. 19). Get the Full Story Complete the form to unlock this article and enjoy...
Swedish caller identification system TrueCaller is dipping its toes in the financial services water as it prepares for an initial public offering in the next two years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Insurance may not be the most flashy or exciting of industries, but its continued reliance on paper and inefficient underwriting processes makes the market a prime target for technology disruptors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The revised Payment Services Directive (PSD2) Strong Customer Authentication (SCA) regulation rollout in the EU has been a little bit on the bumpy side so far. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
For eCommerce firms targeting emerging markets, the opportunities are vast, as millions of consumers continue to go online to buy, and eCommerce sales soar by double-digit percentages. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In business – and especially in financial services and banking – trust is built up over decades, and can be destroyed in an instant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
