Posts Tagged ‘inflation’
PocketSmith’s global spending map reveals where Australians can benefit from Open Banking data
Australian users of PFM fintech PocketSmith are leveraging smart Open Banking insights to manage cost-of-living pressures, with data from its “Global Spending Map” showing rising year-on-year median monthly spending across key categories.
Read MoreBud chosen by Jazari to improve remittance process for migrant communities
The remit now, pay later platform has selected Bud’s platform to make remittances more efficient for migrant workers and improve access to credit.
Read MoreGlobal fintech funding takes hit in H1 2023 amid ‘enormous headwinds’
The Americas was the only region to grow fintech funding in the first six months of 2023, while payments fintechs secured the largest share of funding by subsector.
Read MoreOpen Banking ‘presents opportunity’ for Canada’s SMBs
David Hooper, VP Open Banking and payments consulting at CGI, moderated the panel session ‘How to meet SMBs’ unique needs with Open Banking’ at Open Banking Expo Canada.
Read MoreInsight: How can merchants capitalise on the expected Coronation spending surge?
With the King’s Coronation forecast to generate around £1 billion for the economy, Martin Mitchell, DivideBuy’s chief technology officer, writes about how merchants can capitalise.
Read MoreFinastra: Global banks partnering with fintechs to reduce operational costs
Three in four global banks intend to connect with an average of three fintechs in the next 12 to 18 months, research by Finastra found.
Read MoreFinFit merges with Salary Finance US to form ‘America’s pre-eminent financial wellness platform’
Recent research by the companies found that 49% of workers in the US are feeling financial stress.
Read MoreUK challenger banks lend more to SMEs in 2022 than incumbent banks
The UK’s challenger and specialist banks lent £35.5 billion to small businesses in 2022, exceeding the amount lent by incumbent banks.
Read MoreHow can fintechs weather the financial storm?
Olga Shikhantsova, a partner at European venture capital fund Speedinvest, writes about why, no matter the macroeconomic outlook, there’s always an opportunity for fintechs to shake things up.
Read MoreFinancial institutions encouraged to help consumers
Consumers are planning to borrow larger amounts amid rising inflation, despite a lack of trust between customers and financial institutions.
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