By 2025, an ideal scenario would be to see more scalable firms, with margins increasing and efficiency gains across their front and back offices.
Jakob Geyer, Legal Counsel at IXOPAY, reveals the opportunities that PSD2 and open baking bring to both consumers and businesses
SimplyBiz bought Defaqto, a financial services tech business and fintech platform, for £74.3m in March last year
Spurred by the rise of cryptocurrencies and Facebook`s plans to launch its Libra currency, central banks worldwide are looking into the possibility of issuing digital money to prevent the loss of state control over money.
New blockchain payment technologies like Ripple’s enable SMEs to invoice and receive international payments immediately, in small amounts, and with certainty.
In order to avoid money laundering and fraud, banks are required to verify, on a regular basis, the identities of the leaders and main shareholders of a company when it opens an account with them.
Transact has also released ‘Investment Search’, a tool which allows users to search the wide range of over 13,000 assets available on the platform.
Broadridge is an S&P 500 Fintech leader providing technology, communications, and data and analytics solutions for capital markets, wealth and asset management, and corporate issuers globally.
The report, which surveyed over 1,000 executives globally, ranked the most digitally advanced companies as "Visionaries", followed by "Explorers" and then "Watchers."