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675

Research Shows Mobile Banking Lifting Hundreds of Thousands from Poverty

By  for Fortune

Kenya’s M-Pesa has helped the poor, and the country’s entire economy, while turning a profit. (more…)

Fintech news, Marketing Report, Mobile payments/banking

December 12, 2016

739

Cashless India: Seeing the Vision for Financial Inclusion Come True – Part 2

By Dipali Ekbote for LTP

India’s financial ecosystem is undergoing disruptive changes as it extends channels for customer reach. Let us take a look at what are these changes and how they can help achieve India’s financial inclusion goals.

(more…)

eWallets, Fintech news, Global trends, India, Marketing Report

December 6, 2016

981

UK Black Friday Growth Predicted to Surpass United States, Reveals Global Online Retail Analysis

By LTP

Ingenico ePayments global data anticipates a Black Friday rise in UK ecommerce spending, while US shoppers migrate to Cyber Monday (more…)

Analytics, Marketing Report, news, Payment processors/providers/gateways

November 26, 2016

2536

Which Are the Top 3 Hottest FinTech Hubs Worldwide?

By Elena Mesropyan for LTP

While we have been brushing through the world’s hottest FinTech hubs, we haven’t really looked at them in a comparative manner. Meanwhile, every hub is unique and carries hallmarks of its history of growth and development affected by distinctive forces. Those forces shape unique strengths and weaknesses and determine the course of future development and types of innovations that will be bred in a particular hub. (more…)

Fintech news, Government activities, Hong Kong, Hotnews, Marketing Report, Singapore

November 26, 2016

707

Is there really any alternative to a mobile digital engagement strategy?

By Mitch Armstrong for Finextra

Mobile banking apps are used more than 7,610 times per minute according to research by BBA (more…)

Banks, Global trends, Marketing Report, Mobile payments/banking, Mobile-first banks

November 22, 2016

828

Brexit and Trump are letting Germany steal Britain’s fintech crown

By  for Business Insider

Global investment into fintech companies fell in the third quarter of the year, with investors put off by uncertainty surrounding Brexit and the US elections, according to new data from KPMG and CB Insights. (more…)

Deals, Fintech news, Global trends, Government activities, Marketing Report

November 20, 2016

1042

How the top banking apps stack up against their startup competitors

By  for Business Insider

There was a time when retail banks had their heads in the sand when it came to embracing the mobile phone revolution — but not anymore. (more…)

Banks, eWallets, Fintech news, Marketing Report, Mobile payments/banking

November 17, 2016

902

Launch of the Latest Security Report on Bank Apps in APAC at Singapore FinTech Festival

By LTP

The rapid digitization of consumers and enterprises will increase the cost of data breaches to USD 2.1 trillion globally by 2019 from USD 500 billion in 2015 – affecting mainly large banks, retailers and federal agencies as per Forbes Inc. One of the recent cyberattacks that happened at one of Australia’s largest banks in 2016 was done by a malware attack using an Android mobile application. The virus presented a fake version of the login screen and intercepted the username or account number and password. The sophistication of this malware enabled it to intercept the two-factor authentication code sent by banks. (more…)

Fintech news, Marketing Report, Mobile payments/banking, Mobile-first banks, Security, Singapore

November 16, 2016

972

The future of fintech: 3 trends to watch in payments, loans, and mobility

By  for TechInAsia

Fintech is one of the hottest domains in India currently.

Despite the funding squeeze this year after the irrational exuberance of 2015, data from startup-analysis platform Tracxn shows that the sector has attracted US$512 million in funding so far in 2016. This is far lower than the US$1.4 billion invested last year, but the 2015 figure is skewed by Paytm’s mega funding round of US$680 million from Alibaba. (more…)

Deals, eWallets, Fintech news, India, Marketing Report, Mobile payments/banking, p2p/online lending

November 7, 2016

843

DLT: clearing away the payments debris?

By Finextra

Distributed ledger technology has the potential to ease a host of operational pain points with UK payment systems and could be particularly useful for reference data databases, a report from Whitechapel Think Tank (WTT) suggests. (more…)

Blockchain, Financial Markets / Trading, Fintech news, Marketing Report

November 2, 2016

697

US millennials choose security over the latest technology fads for instant mobile payments

By Finextra

VocaLink, the global payment partner to banks, corporates and governments, today launched “The Millennial Influence”, a report examining the payments behavior of millennials (i.e. those aged between 18-35) in the United States. (more…)

About, Marketing Report, Mobile payments/banking, Security

October 26, 2016

1149

MEDICI Top 21 – InsurTech: Announcing the 21 Leaders Among the 480 Identified Players

By : LTP

Throughout the three years of dedicated ongoing research in the InsurTech space, the LTP team has explored, defined and shaped the global InsurTech startup ecosystem unlike anyone else. Eventually, LTP established the foundation to build MEDICI – the ultimate FinTech platform for collaborative innovation. We have written about and covered a wide spectrum of startups in our articles on LTP, and our global team has extensive experience interacting with startups and exchanging ideas on a daily basis. (more…)

Analytics, Fintech news, Hotnews, Insurance, Marketing Report

October 21, 2016

965

Millennials unwilling to share data with banks/fintech startups

By Finextra

Today LexisNexis Risk Solutions releases its comprehensive Millennial Study: Privacy vs. Customer Experience report, which charts the digital consumer preferences and behaviors of Millennials in seven global markets—the U.S., U.K., Germany, Hong Kong, Malaysia, Mexico and Brazil. (more…)

Fintech news, Marketing Report, Security

October 19, 2016

919

Report: 2016 Is A Consecutive $1B+ Funding Year For The Insurance Tech Sector [212 Pages]

By Tracxn

Following an all-time best year in terms of funding in 2015 ($2.9B in 163 rounds), 2016 was another good year for the insurance tech sector, with $1.29B invested in 112 rounds despite a significant fall in the number of rounds. (more…)

Fintech news, Global trends, Insurance, Marketing Report

October 17, 2016

913

The hottest movers and shakers of India’s real estate tech in 2016

By  for TechInAsia

India’s real estate sector has not been celebrating this festive season along with its billion people. Uncontrolled prices, high debt, millennials uninterested in forking out wads of money to buy a house – a host of problems have boiled down to this: there is a housing slump in the country, and it isn’t going away anytime soon. (more…)

Fintech news, India, Marketing Report

October 17, 2016

877

VC funding hits 2-year low, drops 18% to $14.4 billion in North America as unicorns retreat

By  for VentureBeat

At long last, venture capital’s long-awaited return to normalcy appears to be happening. VC funding for the third quarter of 2016 slid for nearly every key metric: a smaller number of deals, less total funding, fewer +$100 million mega-rounds, and just eight unicorns created. And that was globally. For North America, generally, and for California, specifically, venture activity was subdued compared to most quarters, though still quite healthy. Some might even call thisa return to capital efficiency. (more…)

Deals, Global trends, Marketing Report

October 14, 2016

865

Blockchain to reinvigorate loyalty programmes – Deloitte

By Finextra

Distributed ledger technology has the potential to revitalise loyalty rewards programmes by replacing fragmented and clunky systems that depend on centralised administration with a trustless, digitised interlinked network, argues a new report from Deloitte. (more…)

Blockchain, Marketing Report

October 14, 2016

682

Mobile Payments soar as Europeans embrace new ways to pay – Visa

By Finextra

According to Visa’s 2016 Digital Payments Study, the number of consumers regularly using a mobile device – whether a smartphone, tablet or wearable – to make payments has tripled in the past year. (more…)

Cashless, Marketing Report, Mobile payments/banking, POS/mPOS and online acquiring

October 12, 2016

1086

Automated Payments Systems in High Demand as International Payments Soar Due to Increasing Pace of Globalization

By LTP

LOS ANGELES – October 4, 2016 — AFEX, one of the world’s largest non-bank providers of global payment and risk management solutions, today announced the results of its inaugural State of International Payments Report, finding that nearly half (46%) of North American companies involved with international commerce expect to utilize international payments more this year than in 2015. As a result, nearly one in three North American companies (29%) are planning to start using or plan to upgrade their online automated international payments tools in the next 12 months to increase operational efficiency, mitigate risk and reduce costs. (more…)

Global trends, Marketing Report, Remittances

October 8, 2016

732

Brits ready to ditch cash for cards

By Finextra

In its latest salvo against notes and coins, MasterCard has posted research showing that 44% of Brits would ditch cash altogether if card payments were accepted everywhere. (more…)

Cashless, Marketing Report

October 7, 2016

2113

Where Fintech VCs Will Place Their Bets in 2017

By Penny Crosman for American Banker

Funding of fintech startups will cool in 2017, venture capitalists say, mainly because online lenders — the sector that first drew VCs’ attention — have lost some of their allure. (more…)

Global trends, Hotnews, Marketing Report

October 6, 2016

889

Accelerating Growth of Digital Payments to Save Indian Economy; INR 70,000 Crores (USD 10.4 Billion) Over Next Five Years:...

By LTP

Cost of cash can be reduced from 1.7% to 1.3% of GDP by expanding acceptance of digital payments, energizing innovation and bolstering financial inclusion (more…)

Cashless, India, Marketing Report

October 6, 2016

863

Compliance, Security and Mobile Top Bank’s Tech Spending List

By Robert Barba for American Banker

As chief information officers plot their budgets for 2017, they have a lot to consider. (more…)

Banks, Global trends, Marketing Report

October 5, 2016

979

Singapore, London in race to be top global fintech hub

By Jamie Lee for The Business Times

Deloitte report lauds the Republic for its business-friendly environment, excellent govt support and regulation

(more…)

Global trends, Hotnews, Marketing Report

October 3, 2016

791

Consumers Around the World Want to Use Smartphones as an Alternative to Plastic Cards

By Sofia for LTP

Understanding of the readiness of certain countries and regions for innovative transformation is a crucial part of business expansion strategies for startups in any industry. While there are examples of innovative startups that have expanded globally despite regulations and other problems, for the large part of entrepreneurs, the matter of diving into the specifics of the market and understanding the opportunities (which may not be in place) is sometimes a significant inhibitor of growth and development. (more…)

Global trends, Marketing Report

September 29, 2016

1376

Fintech hubs go under the microscope

By Finextra

London, Singapore, New York, Hong Kong and Silicon valley have been ranked as the world’s top fintech hubs, although specialist niches are emerging in Belgium, Ireland, and Shanghai, according a report by Deloitte. (more…)

Analytics, Global trends, Hong Kong, Hotnews, Marketing Report, Singapore

September 28, 2016

Big Banks Turn Silicon Valley Competition Into Profit

In an annual letter to shareholders last year, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon warned in bold print that “Silicon Valley is coming” for the financial industry. This year, his tone was upbeat, describing payment systems and partnerships his bank set up to compete. (more…)

Banks, Blockchain, Fintech news, Global trends, Marketing Report

July 29, 2016

7388

KPMG Report: Robo Advice Platforms Will Manage US$2.2 trillion Worth of Assets by 2020

By KPMG report, first publieshed by Fintechnews.ch 

KPMG surveyed 1,500 bank clients about their awareness of and interest in digital wealth management, or robo-advisors.

(more…)

Banks, Fintech news, Marketing Report

February 25, 2016