Generative AI revolutionizes banking and nonbanking services, but financial executives are hesitant due to concerns about risks.
Industrialists believe AI in fintech is a game-changer and is restructuring the fintech industry with endless possibilities.
The Chairman of the Board for PayFix and Board Member of TÖDEB, Erkan Kork, recently shared his insights on the advancements in Turkey’s fintech sector and the future of the fintech industry. Erkan Kork, Chairman of the Board for PayFix, pointed out, “The main trends shaping the global fintech sector have been identified as; the rise of digital banks, personalized financial services through artificial intelligence and machine learning, increased mobile and cryptocurrency payments, regulatory compliance via “Regtech”, the...
Momnt, a leading financial technology company specializing in real-time lending and payment solutions for businesses, is delighted to announce the appointment of Dory Black as its new Chief Legal Officer. With her extensive experience in the financial and legal sectors, Dory brings a wealth of knowledge and expertise to the Momnt executive team. As the Chief Legal Officer, Dory will play a pivotal role in overseeing and enhancing the legal and regulatory framework of Momnt....
With Second Investment, Financial Finesse Ventures Sets Its Sights on Closing America’s Racial Wealth Gap. Financial Finesse Ventures, a first-of-its-kind venture arm devoted to elevating fintech solutions with high social impact, a new investment in OfColor: A bold, minority-owned financial wellness platform that is available to all, but is unapologetically focused on the financial empowerment of employees of color. Founded in 2022, Financial Finesse Ventures is fully funded by Financial Finesse—the country’s leading independent provider...
The multi-licensed global broker CAPEX.com announces its first M&A deal, the acquisition of the book-of-clients of the well-established WiredMarket.com, thus expanding in the Greek market. WiredMarket.com, founded in 1991, is a renowned brokerage in Greece. With decades of experience, the number one Greek broker is known for providing high-quality financial services to its clients. Octavian Patrascu, CEO and Founder of CAPEX.com declares: “We are delighted to announce the acquisition of WiredMarket.com’s book of clients, which is in...
The Blyncc blockchain ecosystem aims to introduce a smooth and fast B2B Payment System leveraging blockchain technology.
In Partnership with World Business Chicago, CoinFlip will Participate in Events for University Students CoinFlip, a leading financial services platform focused on the digital economy, announces today its presenting sponsorship of ThinkChicago, a national STEM talent attraction & retention program led by World Business Chicago. Through this sponsorship, CoinFlip will support, present, and organize various ThinkChicago events to connect with university students and educate them about the opportunities within the fintech industry. The partnership further...
Former FIS President and Fintech Industry Leader, Bruce Lowthers, Appointed Chief Executive Officer of Paysafe with Mandate to Scale the Company; Succeeds Philip McHugh Company Reaffirms Guidance for First Quarter and Full Year 2022 Paysafe Limited (“Paysafe” or the “Company”) (NYSE: PSFE) (PSFE.WS), a leading specialized payments platform, today announced that fintech industry leader, Bruce Lowthers, has been appointed as Chief Executive Officer and Executive Director of Paysafe. Lowthers, who will join the company by...