fintech - CybAI news

12 Nov

Using Rapyd for Your Gig Economy Payment Gateway and Disbursement Platform

stp2y0 CommentsNewscoding, community, development, engineering, fintech, inclusive, node, payments, software, tutorial

By: Samuel Umoren Rapyd is a fintech platform that enables you to accept, send, and store funds globally. With Rapyd, you can seamlessly integrate local commerce and fintech services into your applications, creating functional and tailored local experiences anywhere in the world. One of Rapyd's essential offerings is the Disburse platform. Rapyd Disburse lets you pay contractors, workers, suppliers, or any business. In this guide, you'll learn how to use the Rapyd Disburse API to build a gig payment app for freelancers. The app will allow freelancers to add their profile and bank details and request payments on demand or…

12 Oct

Fintech: Introduction

stp2y0 CommentsNewsblockchain, coding, community, development, engineering, finance, fintech, inclusive, software, Technology

Welcome to the Future of Fintech Series, where we go on a journey through one of the most transformative sectors of our time—financial technology (Fintech). This series aims to explain the complexities of Fintech, offering clear, accessible insights into how technology is reshaping the financial landscape.This series will provide you with the knowledge to navigate and succeed in the world of Fintech (isa). By following this series, you'll not only learn the "what" and "how" of Fintech but also gain the foresight needed to anticipate the "next big thing" in finance. Let's explore the future of fintech together! Who’s Behind…

16 Aug

Jack Ma-Backed Ant Weighs Buying Health-Care Platform Haodf

stp2y0 CommentsRAG modelsartificial intelligence, BEIJING HAODF ONLINE NETWORK, business, China Renminbi Spot, fintech, Government, Markets, regulation, startups, Technology, TENCENT HOLDINGS LTD, Wealth Management

Jack Ma-backed Ant Group Co. is in discussions to acquire Chinese online platform Haodf.com to beef up its artificial intelligence services in health care, according to people familiar with the matter.The fintech company is seeking to integrate its technology with a platform like Haodf that provides online consultations with doctors, the people said, requesting not to be named because the discussions are private. The deliberations are still preliminary and could be subject to change, the people said. Source link lol

15 Aug

Turkish Fintech Colendi Raises Funds at $700 Million Valuation

stp2y0 CommentsRAG modelsBanking, FINBERG, fintech, MIGROS TICARET A.S, North America, RE-PIE ASSET MANAGEMENT CO, SEPIL VENTURES, startups, Technology, turkey, Valuation

Turkey’s fintech startup Colendi raised $65 million in fresh funding from a group of investors including Citicorp North America Inc. at a valuation of $700 million.Apart from Citicorp, Migros Ticaret AS, Sepil Ventures, Re-Pie Asset Management, Finberg and Hedef Holding participated in the Series B round, according to Bulent Tekmen, co-founder and chief executive office of Colendi, formally known as Colendi Yapay Zeka ve Buyuk Veri Teknoloji Hizmetleri AS. Existing investors also took part in the round, he said. Source link lol

14 Aug

Online Brokerage Popular With Young Koreans to Set Up Shop in US

stp2y0 CommentsRAG modelsAPEX FINTECH SOLUTIONS LLC, environment, fintech, new york, NVIDIA CORP, retail, South Korea, startups, stocks, Technology, VELOCITY CLEARING LLC

Toss Securities Co., one of South Korea’s leading platforms for trading US stocks, is setting up a New York subsidiary this year as more Korean retail investors pour money into US equities.The brokerage arm under Korean fintech leader Viva Republica Co. is seeking to outrun larger incumbents in US stock trades. Toss Securities was first in the country to adopt real-time fractional trading for US equities in 2022, and that practice, which allows investors to buy a sliver of a $116 Nvidia Corp. share, has won over young retail investors. Source link lol

09 Aug

ClearBank Wins License Allowing Fintech to Expand Across Europe

stp2y0 CommentsRAG modelsBanking, British Pound Spot, Charles McManus, Chris Ratcliffe, Euro Spot, europe, European Central Bank, fintech, investing, Markets, Technology, United Kingdom

ClearBank Ltd. said it received a banking license allowing the fintech to offer real-time clearing and settlement services to clients across Europe, marking the UK company’s first step toward global expansion. The European Central Bank authorized the permit, under the supervision of De Nederlandsche Bank, ClearBank said in a statement Friday. The license allows the financial-technology firm to offer European clients with euro accounts, foreign-exchange services, embedded banking and access to major European payment rails, and funds will be protected by the central bank’s deposit-guarantee rules. Source link lol

09 Aug

Philippines’ GCash May Seek Digital Bank License in Lending Push

stp2y0 CommentsRAG modelsAsia, AYALA CORPORATION, Banking, fintech, GLOBE TELECOM INC, IPOs, japan, Martha Sazon, Philippines, Technology, Valuation

The company behind the Philippines’ top mobile wallet GCash may seek a digital banking license as it boosts its lending business after Japan’s biggest bank invested in the fintech firm.Applying for a digital banking license “is being discussed, although nothing is definite as of the moment,” Globe Fintech Innovations Inc. CEO Martha Sazon said in an interview with Bloomberg Television’s Shery Ahn and Haidi Stroud-Watts on Friday. Source link lol

09 Aug

Alibaba, Tencent to Provide Snapshot of China’s Economic Landscape

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Alibaba Group Holding Ltd., Tencent Holdings Ltd. and JD.com Inc. will provide a snapshot of China’s economy and consumer sentiment, as another somber earnings season is expected in the region.The tech giants remain focused on boosting shareholder returns, so more buybacks might be in store when they report, accordingBloomberg Terminal to Bloomberg Intelligence analysts Robert Lea and Jasmine Lyu. Source link lol

08 Aug

Rakuten Likely to Report Narrower Loss as Bond Redemptions Loom

stp2y0 CommentsRAG modelsAKIO, Banking, Bonds, Debt, fintech, Markets, Mickey Mikitani, RAKUTEN BANK LTD, RAKUTEN GROUP INC, regulation, shopping, Technology

Rakuten Group Inc. looks set to report on Friday a narrower loss in the April-June quarter, which would shore up confidence in its ability to pay bonds due through next year.The focus is on billionaire founder Hiroshi Mikitani’s efforts to turn around his four-year-long foray into the saturated mobile market without a single profitable quarter. Investors are also seeking clarity on the Japanese online shopping mall operator’s delayed plan to combine its profit-churning financial arms. Source link lol

07 Aug

Philippine Fintech GCash Still Eyeing IPO After MUFG Investment

stp2y0 CommentsRAG modelsAYALA CORPORATION, Ernest Lawrence Cu, fintech, GLOBE TELECOM INC, IPOs, Martha Sazon, media, MITSUBISHI UFJ FINANCIAL GRO, Philippines, Technology, Valuation

The Philippines’ top mobile payments provider GCash is still keen on going public after its latest investment round pushed the fintech company’s valuation to $5 billion.“We recognize that the new round of investments further strengthens Mynt’s ability and position coming into an IPO,” Globe Fintech Innovations Inc. CEO Martha Sazon said Wednesday. Globe Fintech, or Mynt, is the parent of GCash and the entity that will do the initial public offering. Source link lol