Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform
Omnichannel in financial services means delivering a unified and seamless customer experience across all channels, such as mobile apps, websites, customer service hotlines, and in-branch visits. According to the 2021 World Retail Banking Report by Capgemini, nearly 80% of consumers expect an omnichannel banking experience, highlighting the growing ...
4 hours /payments /inclusion Financial Services Regulation
Alexander Boehm Chief Executive Officer at PayRate42
The whistleblowers are considered the unseen guards of an otherwise complicated—sometimes esoteric—world of finance with hardly any accounts of malpractices and illegal rackets. They are the people with courage who work behind the curtain to ensure transparency of operations and integrity of an industry indispensable to the global economic system....
5 hours /regulation /crime
Konstantin Rabin Head of Marketing at Kontomatik
I always use digital wallets, and I know I'm not alone. Well, I'd say I use eWallets more like Google or Apple Pay (I'm Apple Pay), but I do use specifically digital wallets that I couldn't go into my local supermarket and use. Technically, they're the same thing, but I think there's some distinction. I've Googled it, and there are over 3.4 billio...
7 hours
Eldad Tamir Founder and CEO at FINQ
Millennials, born between 1981 and 1996, often find themselves under significant financial stress. The current economic landscape, marked by student loan burdens, a challenging job market, and the necessity to save for the future, compounds this stress. However, despite these challenges, millennials exhibit savvy, resourcefulness, and intelligence...
25 August 2024 /ai /markets Artificial Intelligence and Financial Services
The online gambling industry, particularly the high-risk segment of online casinos, has long been a contentious area fraught with legal, regulatory, and ethical challenges. The boundaries between legality and illegality in this sector are often blurred, making it a difficult landscape for both operators and the payment processors that serve them. ...
24 August 2024 /payments
Ben O'Brien Managing Director at Jaywing
The Prudential Regulation Authority (PRA) recently held an IRB wholesale roundtable, introducing new guidelines for firms using or considering the Internal Ratings Based (IRB) approach for wholesale exposures. In this post, we’re delving into the 6 key takeaways: #1. Model risk differentiation: Aligning to the PRA’s expectations To start, the PRA'...
23 August 2024 /regulation
Paula Hunter Executive Director at Mojaloop Foundation
In the world of financial technology, the terms instant payment systems (IPS) and inclusive instant payment systems (IIPS) are both used to refer to digital financial transfers that allow the recipient to use the money within seconds. Though they share similarities in offering rapid financial transactions, their core objectives and impacts differ ...
23 August 2024 /payments /inclusion Financial Inclusion
Harshita Soni Digital Marketer at Ken Research
The global vending machine industry is witnessing a significant transformation as technology advances and consumer behavior evolves. As of 2024, the global vending machine market is valued at approximately $25.2 billion and is expected to grow at a CAGR of 6.7% from 2024 to 2030. The market's growth is driven by factors such as rising demand for ...
23 August 2024 /markets
Shiv Nanda Content Strategist at https://www.financialexpress.com/
High-net-worth individuals in Long Beach face unique financial challenges that require specialized expertise and tailored strategies. Wealth management in this area plays a vital role in helping these affluent individuals protect and grow their assets. With Long Beach's diverse economy and proximity to major financial centers, it’s an attractive l...
22 August 2024 /inclusion Finance 2.0
Prakash Bhudia HOD – Product & Growth at Deriv
Gold prices hold just below the $2500 psychological level as analysts predict a bounce towards unprecedented highs. Some forecasts suggest the metal could reach $3,000 per ounce by next year. Tuesday's surge to a new all-time high of $2531.64 highlighted this bullish momentum. Gold's recent rally had been driven by its safe-haven appeal amid glo...
22 August 2024 /markets
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