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FinTech Focus: Catch latest developments of the week

By Gloria Methri

January 31, 2025

  • Adyen
  • Adyen Uplift
  • Alliant Credit Union
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FinTech news, Top FinTech Trends, Banking Tech, UK, Europe, APAC, MENA

FinTechs continue to play a pivotal role in transforming and reshaping the traditional contours of the financial industry. As technology becomes increasingly intertwined with financial services, FinTech innovations are not merely incremental but rather revolutionary, paving the way for enhanced efficiency, accessibility, and novel business models.

This week’s FinTech Focus brings forth a curated selection of the most significant developments that underscore the dynamic nature of this sector.

Let’s look at the top six announcements made by the FinTech bigwigs this week:

“Today, we’re launching Adyen Uplift! Our new product suite helps you strike a balance between conversion, fraud, and cost. Pilot customers have already seen a conversion rate increase of up to 6% while keeping fraud under control.”

“We’re excited to announce our partnership with Alliant Credit Union, the largest U.S. digital-only credit union, to transform banking for over 900,000 members. Together, we’re setting a new standard for member-first experiences.”

“First Bank of Nigeria Ltd. has achieved this remarkable feat by revolutionising its customer onboarding process using Finacle core banking and advanced AI technologies. This transformation not only enhances customer experience but also sets a new standard for efficiency in the banking sector.”

“We’re excited to announce that we are growing our footprint in APAC to support Japanese businesses with scaling both in-market and cross-border, as well as enabling global businesses to enter the Japanese market seamlessly. We’re also opening new headquarters in Tokyo to complement our existing APAC offices in China, Hong Kong, Australia, and Singapore.”

“We’re pleased to announce that building on a long-standing and successful partnership dating back to 2010, Baader Bank AG, a leading European provider of securities and banking services, has committed to Objectway for its strategic “Road to Future” program to implement a future-proof, highly scalable, and operationally frictionless core banking environment over the next three years.”

“We are excited to announce that our Send Money solution is officially live in Mexico, revolutionising international money transfers with a transparent, fast, and seamless service for Mexican nationals! Starting today, Mexican nationals can efficiently and affordably send money to over 40 currencies and 160 countries through a fully digital process using the Wise app or website.”

Also read: Applications of Artificial Intelligence In Banking Q4 2024

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