The fintech landscape has been marked by relentless innovation and transformation, with new solutions continuously redefining traditional banking operations. Among the frontrunners in this dynamic field is Kinective, a company that has garnered significant attention through its award-winning
The financial services industry is undergoing a significant transformation driven by technological advancements, evolving customer expectations, and changing regulatory landscapes. Central to this transformation is the evolving relationship between fintechs and traditional banks. Once seen as
In recent years, the concept of Open Banking has gained significant traction, driven by the need for more transparent and efficient financial services. As a result, the global Open Banking market is poised for substantial growth, with its value expected to increase from USD 35.4 billion in 2024 to
In a significant move to bolster regulatory oversight and curtail regulatory arbitrage, the Bangko Sentral ng Pilipinas (BSP) is scrutinizing lenders operating similarly to digital banks, potentially necessitating them to obtain digital banking licenses. This initiative, led by BSP Director for
In a significant move set to transform Mexico's digital payment landscape, Mexico City-based neobank Albo has announced a strategic partnership with issuer-processor Paymentology. This collaboration encompasses various initiatives aimed at expanding Albo's portfolio of digital payment services and
In an era where digital transformation is reshaping industries, the utility sector is not left behind as it advances towards more efficient and modern operations. A recent partnership between FIS, a global payment processing giant, and Oracle, a prominent enterprise software provider, marks a
