Source: Forbes

With many innovations in the field continues to grow through the implementation of many areas of technology, such as chatbots, artificial intelligence, digital banking, blockchain, and augmented reality. Because of these changes, many businesses are able to supply services that are of high quality and affordable prices.

OKX, the world-leading cryptocurrency platform, has issued updates for the week beginning December 26, 2022.

hi - the Web3 Neo-Banking platform - and Unstoppable Domains, the leading provider of Web3 domains, today announced a strategic partnership to deliver comprehensive digital identities through Web3 domains with a .hi suffix.

CASHe, India’s leading credit-led, AI-driven financial wellness platform announced that it has launched GOLDe Rewards, an innovative and industry-first rewards program backed by digital gold for prospective borrowers as well as the millions of users on its platform. The GOLDe rewards program incentivises every user with GOLDe Rewards in the form of digital gold coins equivalent to 1% of every loan transaction, deposited in a gold jar made available to them on the CASHe app.

Enfuce, the Finnish cloud-native issuing and processing pioneer, has announced the launch of a pilot project with social enterprise Welcome.Place, Finnish mobile payments provider for employment benefits Epassi, and world leader in digital payments Visa to distri

FOMO Pay, the Singapore-headquartered major payment institution, announces that it has become an official SWIFT member and obtained its own Business Identifier Code (BIC), also known as SWIFT Code: FOMPSGSG.

The world of fintech is constantly and rapidly evolving. The ubiquity of smartphones has allowed startups to revolutionize finance with real-time payments and peer-to-peer lending, while AI-driven algorithms change the face of investment and portfolio management. Successful fintechs are democratizing access to finance by bringing historically unbanked people into the financial system and enabling cheaper, real-time access to credit compared to traditional banking. 

As the year winds down, reflecting on fintech news' highs and lows is appropriate. 

Despite the market downturn, Indian fintech Money View announced on Monday that it has received $75 million in a fresh investment round, its second this year, as it seeks to scale its core credit business and develop additional products for the South Asian market.