Aventus, a Web3 solutions provider for enterprises, has partnered with Nexos Technologies, a digital payments and banking platform providing open banking and payment solutions, in order to bring blockchain-enabled solutions to the digital banking and payments sector.

The rising demand for electronic payments is creating fundamental shifts across Africa and making significant inroads in promoting financial inclusion. A rapidly changing landscape and disruptions mean that incumbent banks need to take radical and concerted action to step up to the competitive challenge, according to a new report by Boston Consulting Group (BCG).

The 2025 Fintech Pledge (pledge2025.org) has partnered with The Money Charity to launch an ambitious programme of financial education for those hit the hardest by the cost-of-living crisis.

The programme will start immediately and is expected to run until December 2025. Its first year of operations will be funded by Pledge2025 members Zopa bank and credit marketplace ClearScore.

CleverTap, the modern integrated retention cloud, released its Industry Benchmark Report for Fintech Apps 2022. As fintech apps continue to grow more popular, the number of players vying for market share has increased. This has subsequently reduced customer retention and "stickiness" for any one brand. Therefore, today more than ever, it is crucial that fintech companies find ways to drive customer "stickiness" by engaging users in effective ways that eventually drive transactions and fuel growth.

Industry players are on a mission to differentiate themselves, while merchants and consumers are demanding innovative ways to pay for what they buy.  A seamless payment experience is becoming more and more important to consumers and therefore merchants as e-commerce continues to be as competitive as ever.

The UK’s largest independent invoice finance provider, Bibby Financial Services (“BFS”) significantly boosted funding for Scotland’s small and medium-sized enterprises in 2022 as part of its ambitious national growth plan.

Debts factored – the total funded turnover of BFS clients in Scotland – grew by 12 per cent to £382m when compared with 2021 with funding advanced growing by 4%.

The 5th Edition Cyber Security Innovation Series is set to take place on 6-7 March 2023 in Intercontinental Citystars Cairo Egypt.

Nexi S.p.A. (“Nexi”) and Banco de Sabadell, S.A. (“Sabadell”) have reached an agreement to establish a long-term partnership in the Spanish market.

Many developments and innovations are changing the fintech and banking world. Cashless payments, smartphone apps, and machine learning are a few technologies you can benefit from, along with many more.

Tech advancements continue to shape how financial institutions around the world work. And fintech companies are expanding, building their own footprint in the market.

Shanghai Commercial Bank (“ShaComBank”), an international bank based in Hong Kong offering banking and financial services across the world, including the UK, joined forces with Salt Edge, a pioneer in open banking, to leverage PSD2 possibilities and create a bespoke banking experience for its customers.