Following the Electronic Know Your Customer (e-KYC) guidelines announcement earlier this December, the Bank Negara Malaysia said the draft will take effect soon.
The e-KYC is a set of verification that banks need to implement in order to protect their...
Bengaluru-based startup ZestMoney announced Thursday it has secured a $15 million fund commitment from global investment giant Goldman Sachs and other existing investors in an extension of its Series B funding round that was first launched in April.
According to...
A study called the Global Islamic Fintech Report recently revealed expectations for such companies in the coming year, said Salaam Gateway. The research eyes P2P crowdfunding and challenger banking as two of the contributing sectors for such fintech in...
Australian online bank UBank recently partnered up with fintech company Basiq to provide detailed monitoring services, reported Finder. To be available in July 2020, the service will allow UBank customers to view insights and predictions about their spending behavior.
The...
South Korea financing body granted on Monday fintech Viva Republica a banking license for operation as an internet-only bank.
The Financial Services Commission (FSC) provides the go signal to fuel competition with established digital banking in South Korea. The decision...
Rev19, an integrated payment solutions provider based in Southlake, Texas, announced Monday, Dec 16, it has acquired the cloud-based software platform PAYK12.
In a press release, the firm dubbed the latest transaction as a reinforcement of “Rev19’s strategic commitment to...
Superstore chain Walmart is currently offering installment loans for customers who are doing their gift shopping this holiday season. Kare11 reported that huge companies are giving this option through financial technology platforms.
Buy now, pay later offers are made available...
Financial technology app Portify gained a massive £7 million in funding from the Series A funding round. The company’s huge Series A investment comes a year after it previously raised £1.3 million in 2018.
Founded in 2017, Portify is a...
Edinburgh-based startup Visible Capital recently acquired funds to generate employment even before its launch scheduled early next year. The Scotsman reported that the newly established fintech firm obtained a £500,000 funding from Scottish seed investor Techstart Ventures.
Visible Capital is...
Fintech firms are currently taking advantage of the holiday rush in order to encourage customers to use their products, said Bank Innovation. The firms reportedly pushing their services in a move to help customers.
The efforts seek to educate consumers...
