FinTechs

South Korea OKs First Banking Expansion in 30 Years
South Korea OKs First Banking Expansion in 30 Years
July 05, 2023  |  Bank Regulation

South Korea has launched a major expansion of its banking sector, currently dominated by just five lenders. The country’s Financial Services Commission (FSC) announced Wednesday...

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Mastercard Says Value of Blockchain Tech in Payments Has Yet to Be Unlocked
Mastercard Says Value of Blockchain Tech in Payments Has Yet to Be Unlocked
July 03, 2023  |  Blockchain

Money movement is moving into the future at a rapid clip. But are central banks, enterprise organizations, consumers, and merchants ready for a new era...

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Report: African Startup Union54 Plans September Launch of Super App
Report: African Startup Union54 Plans September Launch of Super App
June 30, 2023  |  Mobile Payments

African startup Union54 is reportedly developing a super app that may launch in September. The new ChitChat app aims to provide secure messaging, dollar-based virtual...

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Mastercard and Subaio Team to Help Consumers Control Subscriptions
Mastercard and Subaio Team to Help Consumers Control Subscriptions
June 29, 2023  |  Subscriptions

Mastercard says it wants to help consumers get a better handle on their subscriptions. To that end, the company announced Thursday (June 29) it had...

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Will 99 Cents Burn Toast at the POS?
Will 99 Cents Burn Toast at the POS?
June 26, 2023  |  Platform Payments

After spending the last 20 minutes online deliberating over what you really need to round out your summer wardrobe, you’re ready to check out. You...

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Finding The Digital Economy’s Product Market FIT
Finding The Digital Economy’s Product Market FIT
June 12, 2023  |  Connected Economy

I was recently asked for my advice on a new B2B network aimed at solving a big problem for a segment of small business sellers....

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Big Tech Firms Warn UK Risks Losing Its ‘FinTech Crown’
Big Tech Firms Warn UK Risks Losing Its ‘FinTech Crown’
June 06, 2023  |  Europe

A U.K. lobbying group wants Great Britain’s next government to improve the country’s technological standing. In a report issued Tuesday (June 6), UK Tech —...

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Mastercard and Fabrick Partner on Embedded Finance Solutions in Europe
Mastercard and Fabrick Partner on Embedded Finance Solutions in Europe
May 31, 2023  |  Payment Methods

Mastercard and Fabrick have expanded their partnership to develop embedded finance solutions for European businesses, financial institutions and FinTechs. The strategic partnership builds on the companies’ existing relationship...

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QED’s Gerety on Raising $925M to Help FinTechs Go Where Banks Still Don’t
QED’s Gerety on Raising $925M to Help FinTechs Go Where Banks Still Don’t
May 30, 2023  |  Banking

The death of FinTechs — and of FinTech funding — has been greatly exaggerated. Yes, venture capital funding in the space is slowing. And depending on...

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