FIS, a leading FinTech company, has announced its certification to offer instant credit transfer capabilities through the FedNow Service. This new feature allows financial institutions to provide consumers and businesses with a seamless digital payment experience, enabling them to make payments like loans, rent, or bills without delays. Chris Como from FIS emphasized the importance ...
FIS, a leading FinTech company, has gained certification to enable credit transfers using the FedNow Service, as announced on February 4. This development will allow financial institutions to offer instant payment capabilities to their customers, enhancing their digital payment experiences. With the new features, consumers can make payments for loans, rent, or bills without the ...
Many Fintech teams struggle to keep up with the fast advancements in AI models and how to use them effectively in finance. As a startup from Silicon Valley, we faced similar challenges and took time to understand foundational AI models while developing standard workflows. Our goal was to find the best setup for performance and ...
Artificial intelligence (AI) continues to be a key focus in the fintech industry, even years after its initial rise. As companies explore ways to integrate AI into their operations for a competitive advantage, The Fintech Times is highlighting important themes surrounding AI in February 2025. The discussions will cover various topics, including the importance of ...
In February 2025, The Fintech Times is focusing on the ongoing impact of artificial intelligence (AI) in the fintech industry. Even after its initial surge, AI continues to be a major topic as companies seek ways to integrate this technology for a competitive advantage. The discussion centers around key themes, including the importance of maintaining ...
Five years after launching Starlink, SpaceX faced a challenge in accepting payments in developing countries with unreliable banking systems. To tackle this, SpaceX turned to stablecoins, partnering with the Bridge platform for faster, more efficient cross-border payments. This shift has helped businesses in Africa, Latin America, and Asia streamline transactions, reducing costs significantly compared to ...
The landscape of corporate finance is evolving from being reactive to predictive, marking a promising shift for B2B innovation. With rapid advancements in digitization, real-time payments, and AI-driven forecasting, businesses are rethinking their strategies for managing liquidity and working capital. CFOs must not only embrace these innovations but also act quickly to enhance financial resilience ...
Alchemy Pay, a leading provider of fiat-crypto payment solutions, has received regulatory approval from AUSTRAC to operate as a Digital Currency Exchange Provider in Australia. This milestone allows Alchemy Pay to offer secure fiat-to-crypto services, enhancing its presence in the region. By complying with Australian regulations on anti-money laundering and counter-terrorism financing, Alchemy Pay aims ...
A group of financial experts, including Klaros Group Partner Michele Alt, has called for a quicker and easier process for obtaining bank charters. They believe this change would encourage innovation in financial services, keep these activities regulated, and boost competition. In an open letter to federal banking agencies, they highlighted that the current lengthy application ...
Thai Prime Minister Paetongtarn Shinawatra has announced a new initiative allowing the use of digital assets for payments in Phuket, one of Thailand’s most popular tourist destinations. This decision aims to make it easier for foreign visitors to adapt to local services. Finance Minister Chunhavajira revealed that the program will launch later this year, emphasizing ...
