Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
The global fintech market is growing rapidly with a market size expected to top $608 billion by 2029, almost doubling from a projected $312 billion this year. In part, this can be attributed to the a...
Swift and Global Banks Team Up to Combat Cross-Border Payment Fraud with AI Swift, the global financial messaging service, is partnering with leading banks on two AI-powered pilots to reduce fraud and...
The invasion of Ukraine passed its second anniversary recently and with that, sanctions have been revised and updated against groups or individuals linked to Russia and its allies. For example, the UK...
The future of core banking in rural/community banks Rural, thrift and community banks are where large numbers of people and small businesses find access to lending and possible wealth creation. As th...
Real-time payments do exactly what the name implies. They refer to transactions that clear and settle (almost) instantaneously. This type of payment is characterised by settlement finality, instant co...
In today’s fast-paced business environment, securing and maintaining relationships with large enterprise clients is crucial for revenue growth. However, processing their payments poses significant cha...
In the past, buying or selling a stock meant waiting two business days for the trade to settle (T+2). This meant a two-day gap between agreeing on a price and actually receiving the stock and mone...
Latin America, a region renowned for its vibrant culture, diverse landscapes, and rich history, is undergoing a profound transformation in the realm of payments. With the rapid advancement of technolo...
In recent years, the world of payments has been undergoing a significant transformation. Historically, international payments were dominated by major players like SWIFT, VISA, MasterCard, and a handfu...
Navigating the world of cryptocurrency can be like exploring a new continent, full of promise yet with tons of hidden challenges. I remember a business owner who eagerly adopted Bitcoin as a payment ...
In a world where innovation meets finance, fintech companies stand at the forefront of revolutionising how we interact with money. However, with great innovation comes great responsibility, especially...
In the fast-paced landscape of today’s industries, particularly within the technology sector, efficiency and streamlining operations are imperative. Every aspect of operations, including financial tra...