Home of FinTech & Banking News | FinTech Magazine
Global Fintech YouLend Expands US$1bn Funding Capacity. FinTech Magazine connects the leading FinTech, Finserv, and Banking executives of the world's largest and fastest growing brands. Our platform serves as a digital hub for connecting industry leaders, covering a wide range of services including media and advertising, events, research ...
The Story of PayPal: The World's Most Valuable Fintech Firm
Jan 18, 2022 · In July of 2002, eBay acquired PayPal for the fine price of $1.5 billion. The acquisition spread the word about PayPal even faster and helped the company grow much larger as eBay's first choice for payments. In 2013, PayPal acquired Braintree payments gateway for $800 million. In 2014, Carl Icahn, an activist and an investor of PayPal, carried ...
Top 10: Digital Wallets - FinTech Magazine
May 1, 2024 · 2. Google Pay. Google Pay. Formerly Google Wallet and Android Pay, the Google Pay we know today was born in 2018. One of the most ubiquitous digital wallets on the market today, Google Pay offers an easy way to pay on various websites, within apps and also in stores using cards saved to customers’ Google accounts.
What is fintech? - FinTech Magazine
May 16, 2020 · Industries have been disrupted, and those who have failed to adapt are left behind. ‘Fintech’ means financial technology, and refers to the innovation and technology aimed at challenging traditional methods used in the financial services industry. Although it seems simple enough, ‘fintech’ is an umbrella term, covering a vast number of ...
140+ Blockchain and Crypto Words: The Ultimate A-Z Glossary
Nov 23, 2021 · FUD: Fear, Uncertainty and Doubt; the acronym that was coined for cryptosphere discussions. FUDster: A person who spreads FUD (fear, uncertainty and doubt) about a specific coin or blockchain project, often for self-benefit. Futures: A contract to buy or sell an asset at a later date with the price agreed upon today.
Blockchain Technology and Modern Banking Systems
Aug 2, 2024 · Blockchain technology, known for its decentralised and transparent nature, is pushing forward the financial services industry. The blockchain’s ability to tokenise assets, ie creating digital representations of physical and financial assets, promises enhanced transparency, increased liquidity and operational efficiencies.
Top 10 Digital European Banks - FinTech Magazine
Nov 2, 2021 · Best For: Full banking services. Founded in 2015 and headquartered in London, Monzo is one of the most popular and feature-rich digital banks in Europe that enables customers to launch a fully-fledged UK bank account from the comfort of their smartphones. Users can choose between a wide variety of accounts, including free and premium ones.
E-Wallets: The Evolution of Payments | FinTech Magazine
Apr 25, 2023 · A research report by CBS Insights predicts that the trend for e-wallets and super apps will see the market increase in value, from a conservative US$1tn, to $7tn by 2027. Many reputable studies show that, by 2024, a third of the world’s population will be using digital wallets. Not only that, but these e-wallets will merge with the super app ...
FinTech Magazine November 2024
FinTech Magazine November 2024 | Page 2. In this issue, we explore how fintechs and financial services firms can navigate the regulatory labyrinth across different segments and geographies. We’ll also explore the latest innovations in the payments space, from tokenisation to real-time payments networks and modern security innovations, as well ...
The future of ATMs: adapting to the digital age
Jul 6, 2023 · Paymentology’s data backs this claim, with the number of ATMs in Europe falling by over 10% since 2016. Meanwhile, analysis from global consultancy partnership Kearney predicted that 25% of European bank branches would close across Europe from 2020 to 2023, as consumers’ digital banking habits became more permanent.