Nigerian banking customers have reportedly lost approximately N51 billion ($126 million) to fraud, with cybercriminals specifically targeting fintech bank users. According to data from the […]
Month: December 2023
Fintech firms like Paytm wobble under India’s unsecured loans blitz.
India’s clampdown on unsecured loans is affecting fintech companies including Paytm. The restrictions aim to curtail the sector’s rapid expansion and protect consumers from over-indebtedness. […]
Unsecured loans crackdown rattles Paytm and fintech in India
India’s renewed focus on curbing unsecured loans has hit fintech providers such as Paytm. The Reserve Bank of India’s (RBI) crackdown on unsecured loans is […]
Keep an eye on Lupin, PB Fintech, United Spirits, Vedanta
Key Points: Among various stocks to watch, Lupin has received approval from the US Food and Drug Administration for its Allopurinol Tablets USP, a generic […]
Buyout deal sparks surge in Link Shares trading.
Mitsubishi UFJ Financial Group plans to acquire Australian fintech firm Link Administration for about AUD 1.2 billion ($804.7 million) through its Mitsubishi UFJ Trust & […]
Sumsub Joins Singapore FinTech Association, elevating Regtech game.
Regtech firm Sumsub has joined the Singapore FinTech Association (SFA), demonstrating its commitment to innovation, building industry connections, and contributing to the FinTech landscape in […]
Snark Tank 2023 – Celebrating Fintech and Banking Excellency
Key Points: The 2023 Fintech Snark Tank Banking and Fintech awards, announced recently, marks some of the greatest moments and biggest breakthroughs in the fintech […]
FactSet’s AI solution revolutionizes decision-making in fintech.
Financial technology company FactSet has announced a beta release of a new artificial intelligence (AI) solution. The solution, known as FactSet Mercury, helps to improve […]
UAE crowns Pakistani Fintech ABHI as rising star.
The UAE Ministry of Economy and the Government Development have nominated Pakistani fintech ABHI as an emerging company that significantly contributes to the nation’s economic […]