Open Banking, introduced in the UK in 2018 as part of the implementation of the Second Payment Services Directive (PSD2), has brought about a significant transformation in the financial landscape. This innovative approach addresses the longstanding inefficiencies in traditional payment systems,
January 17, 2025As Europe heads towards 2025, investors are facing a complex and multifaceted investment landscape shaped by a mix of economic, political, and geopolitical factors. The potential imposition of U.S. tariffs on the European Union, the upcoming German federal elections, and the economic influence of
January 17, 2025The global fintech sector has recently seen significant funding rounds, raising over US$165 million across three continents. This influx of capital targets sectors such as digital asset banking, cross-border payments, and healthcare administration, indicating a potential boost in investor
January 16, 2025The banking-as-a-service (BaaS) industry has experienced a rollercoaster of regulatory scrutiny and market dynamics over the past few years. A year ago, the future of BaaS seemed uncertain due to significant regulatory pressures. However, as we look ahead to 2025, the outlook appears much more
January 16, 2025The increasing complexity and stringent nature of regulatory demands have made compliance a considerable challenge for businesses, especially those in highly regulated industries. The need to adhere to legal standards, manage detailed reporting, and mitigate risks often requires substantial
January 16, 2025Klarna, a Swedish fintech company renowned for its Buy Now, Pay Later (BNPL) service, has recently entered into a significant distribution partnership with Stripe, a leading fintech firm based in San Francisco. This collaboration is poised to expand Klarna’s BNPL service to merchants using S
January 15, 2025Open Banking is reshaping the financial services sector by providing customers with greater control over their financial data through innovative products and services. Despite its groundbreaking potential, the journey toward achieving a fully operational Open Banking system is filled with
January 15, 2025Millions of Baby Boomers are rapidly reaching retirement age in a “silver tsunami” that is placing a renewed focus on how this generation feels about their finances. According to Charles Schwab’s Modern Wealth Survey, 66% of Boomers believe they are in a better position to reach their financial goal
January 15, 2025The Colombian fintech sector is experiencing a significant technological evolution, marked by the adoption of new trends and tools such as open finance and artificial intelligence (AI). This transformation is reshaping the financial landscape, presenting both opportunities and challenges for
January 14, 2025The collapse of Dixon Advisory has sent shockwaves through Australia's financial advisory industry, leaving numerous clients in financial distress and raising serious questions about the regulatory framework governing wealth management practices. The Senate economics references committee’s i
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