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The Growing Importance of Fintech Software Development in Global Banking and Finance

By Mavis Credits November 28, 2024 Leave a comment

Published : 3 days ago, on 25/11/2024 Moving towards 2025, financial technology, commonly known as fintech, is dramatically reshaping the financial sector. This technological evolution has fundamentally changed the way consumers and businesses access financial services, manage transactions, and invest. Fintech has become a powerful driver of digital innovation, challenging traditional banking models and offering…

Mastercard transforms cross-border payments for banks with industry-first innovation

By Mavis Credits November 11, 2024 Leave a comment

Introducing Mastercard Move Commercial Payments to power near real-time commercial cross-border payments 24 hours a day, 365 days a year Mastercard announces new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments. The new solution, revealed in Beijing at the annual Sibos conference, aims to…

Everything you need to know about the application of blockchain technology on banking systems

By Mavis Credits September 21, 2024 Leave a comment

The advent of blockchain technology has brought transformation in various industries. The implementation of blockchain technology in the banking sector is growing at a brisk pace due to its key advantages. Blockchain technology offers numerous advantages over traditional banking systems including enhanced security, faster transactions, and reduced costs. Here’s a rundown of the impact of…

What the Next Generation of AI Solutions for Banking Will Look Like – and How We’ll Get There

By Mavis Credits September 13, 2024 Leave a comment

by Daniel Avancini A look at how the next generation of AI transformation in banking is likely to play out, and what finance companies will need to do to ensure they’re prepared to take full advantage of modern AI. When it comes to integrating AI into business, the finance industry is already far ahead of…

The soundbox sentinel: Echoes of innovation

By Mavis Credits August 14, 2024 Leave a comment

In the rapidly evolving landscape of digital payments, innovation continues to transform how transactions are conducted and authenticated. One such groundbreaking development is the quick response (QR) soundbox which is designed to enhance payment experience for merchants and consumers alike. The soundbox is a compact, audio-enabled portable device integrated into a payment system that confirms…

Mitsubishi UFJ Financial Group to Invest $393 Million in Globe Fintech Innovations

By Mavis Credits August 4, 2024 Leave a comment

Mitsubishi UFJ Financial Group’s banking unit plans to invest $393 million in Globe Fintech Innovations, which provides mobile financial services in the Philippines. The Japanese financial company said Friday that through the investment, it aims to further capture the Asia-Pacific region’s growth in online financing and pursue business opportunities with Globe Fintech’s strategic shareholders, including…

FinTech: Accelerating the Digital Revolution

By Mavis Credits July 2, 2024 Leave a comment

India has emerged as one of the most robust fintech economies in the world with landmark innovations in secure payment systems and gateways, paperless lending, mobile banking and wallets, and other innovations that are driving the country’s digital transformation. India’s fintech sector, currently the third-largest and third-highest funded globally, trailing only the USA and China,…

Conference Financial Inclusion Practices and Innovations

By Mavis Credits July 2, 2024 Leave a comment

The Federal Reserve Board will be hosting a conference “Financial Inclusion Practices and Innovations” on July 9 in Washington, D.C. The conference will feature speeches, presentations, and discussions on various financial inclusion topics with Federal Reserve Board leadership, academics, consumer and community organizations, and thought leaders. In the first session, academics will provide insights on…

USA : Mapping Innovation and the Evolving Financial Landscape

By Mavis Credits May 20, 2024 Leave a comment

By Governor Michelle W. Bowman At The Digital Chamber DC Blockchain Summit 2024, Washington, D.C I would like to thank the Digital Chamber for the invitation to share my perspectives on innovation in the financial system.1 I welcome opportunities like this to engage in discussions that include both the public and private sector on this…

Navigating the Intersection of FinTech and Intellectual Property Law: Safeguarding Innovation in the Digital Financial Era

By Mavis Credits March 31, 2024 Leave a comment

By: Donald R. Hageman, III, Sandberg Phoenix In 2023, publicly traded FinTech’s represented a market capitalization of $614 billion, a two-times increase versus 2019.[1] In addition, as of the same period, there were more than 272 fintech unicorns, with a combined valuation of $936 billion.[2] This all supports the fact that in recent years,…

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