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The numbers don’t lie – the future of fintech is now. Investment in the sector has increased massively over the last five years – from $520 million in 2010 to $2.8 billion so far this year
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In an attempt to broaden financial inclusion, the Reserve Bank of India (RBI) has published guidelines that will allow non-traditional entities like telecom providers, retail chains and corporate houses to set up their own banks.
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Paylib, the online payments system created by French banks, is working with MasterCard to enable its users to make payments through e-merchants across the world.
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Skrill Group is expanding its prepaid solution paysafecard by acquiring electronic money system Ukash.
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| New Products & Technology |
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Online money transfer service Azimo is setting a £1 flat rate for transfers to Lithuania as the country prepares to adopt the euro.
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The British budget retailer Poundland, which sells (almost) all products from £1 each, has decided to abandon its plans to launch an online store in time for Christmas, but says that it may still do so in the future.
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| FinTech Innovation Awards 2015: Nominee Case Studies |
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View the latest nominee case study for the FinTech Innovation Awards 2015.
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View the latest nominee case study for the FinTech Innovation Awards 2015.
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