Latin America’s payments landscape is at a crossroads. On one hand, the region is buzzing with innovation, with digital wallets, instant payments, and FinTech adoption reshaping how consumers and businesses transact. On the other hand, the dream of seamless cross-border payments across the continent remains more complicated than it looks on paper. The appeal of regional […]
The global FinTech sector is entering a new phase—not just one of growth, but also one of maturity. According to the “Future of Global FinTech: From Rapid Expansion to Sustainable Growth,” the second edition of a joint report by the World Economic Forum and the Cambridge Centre for Alternative Finance, the industry is stabilising after […]
Do you remember your first mobile phone? Mine was a Motorola MicroTAC from 1994. It was one of the first ‘flip phones’, and despite its bulky battery by today’s standards, it was considered fashionable back then. Fast forward to June 2007 when the first iPhone was launched, and our world changed forever. The iPhone did […]
There’s no such thing as banking hours anymore. Weekends, evenings, holidays — they’re all fair game now. With the EU’s SEPA Instant Payments Regulation set to become mandatory by October 2025, banks are being pushed into a world where euro payments must clear in seconds, 24/7/365. It is a landmark shift designed to modernise European […]
The European Union is planning a major shift in its financial infrastructure. The EU wants to free itself from the grip of global financial giants like Visa, Mastercard, PayPal, and AliPay. Christine Lagarde, President of the European Central Bank (ECB), has made it clear that Europe must develop its own independent payment platform to secure its financial sovereignty. According to Business Today, Currently, the majority […]
The State of AI in Financial Services: 2025 Trends report by NVIDIA provides an in-depth analysis of how AI is reshaping the financial sector. Based on a survey of 600 global professionals, the report highlights the industry’s growing reliance on AI to enhance efficiency, improve customer experiences, mitigate risks, and optimise investment strategies. A key […]
The Bank of England (BoE) is creating a ‘Digital Pound Lab’ to enable ‘hands-on experimentation’ as part of its ongoing preparation for a potential UK central bank digital currency (CBDC). The central bank and HM Treasury (HMT) are currently in a ‘design phase’ for a potential digital pound during which they aim to establish a […]
Around 35% of respondents identified advanced technologies and AI as the main influences on their near-term compliance efforts. As firms adapt to a changing environment, they are hiring more data scientists and related specialists. Nasdaq, released the results of its ninth Annual Global Compliance Survey, revealing the latest trends and challenges in compliance and surveillance […]
Over the last two years, fraud detection and prevention in financial services has faced unprecedented challenges. Factors such as the uncertain economy, ongoing global conflicts, the wider adoption of diverse payment methods, and the development of AI – often used for deep fakes and automating cyberattacks – have contributed to the rise in fraud. According […]