Intelligent Solutions

The BNPL boom: How new payment options are defining the customer loyalty race

The frenzy of Christmas and Halloween marketing is already in full swing, with date reveals of Christmas market returns to pumpkin patch locations, retailers are gearing up to execute their strategies as the Golden Quarter approaches. This year, however,...

CRM Code for Authorised Push Payment fraud winds down having more-than trebled reimbursement rates, slashed average losses, and slowed scam growth 

Last month, the CRM Code, which has safeguarded customers from Authorised Push Payment (APP) fraud since 2019, will be replaced by a new framework from the Payment Systems Regulator (PSR). Overseen by the Lending Standards Board (LSB), the CRM Code covered...

Bybit to serve as DMCC Ecosystem and Advisory Partner, providing strategic guidance

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the extension of its strategic partnership with Dubai Multi Commodities Centre, DMCC. After a year of successful collaboration, Bybit announcment includes its...

Crypto.com receives payment service provider licence from Central Bank of Bahrain 

Crypto.com has received full approval to provide payment service provider (PSP) services from the Central Bank of Bahrain through its subsidiary registered in the Kingdom of Bahrain under the commercial name “FORIS GFS BH B.S.C. CLOSED”, adding...

Blockchain identity management market aims for US$293.39 billion by 2031

According to SkyQuest, the global Blockchain Identity Management Market size was valued at US$1.3 billion in 2022 and is poised to grow from US$2.37 billion in 2023 to USD 293.39 billion by 2031, growing at a CAGR of 82.6 % during the forecast period...

Bridging the gap between online and offline payments without a reliable Internet connection

SecurityTech company Giesecke+Devrient (G+D) is making digital payments independent of online connectivity. The token-based payment solution G+D Filia Unplugged enables consecutive, secure offline payment transactions anytime and anywhere, bridging the gap...

FinTech will play crucial role in supporting safe crypto in UK says Lanistar 

The UK’s mission to become a ‘crypto hub’ has so far fallen short, but the appointment of Tulip Siddiq as Economic Secretary to the Treasury, or City Minister, signals a move toward a more progressive approach to crypto and digital...

TRON to introduce gas-free stablecoin transfers by year-end 

Justin Sun, the founder of TRON, has announced a notable advancement in the Blockchain realm: gas-free stablecoin transfers. This feature is scheduled to be available on the TRON Blockchain by the end of this year. The new technology aims to eradicate...

Five things banks should know about their evolving customer preferences to stay competitive in 2024

Recently, FinTech in the Middle East and North Africa has experienced notable changes due to advancements in technology and shifts in consumer habits. Making it more important than ever for banks in the region to grasp and meet the evolving preferences of...

Swiss National Bank and SDX extend CBDC project for two more years 

The Swiss National Bank (SNB) and the SIX Digital Exchange (SDX) have announced that they will extend their exploration of wholesale central bank digital currencies (CBDCs) for an additional two years. This extension is a part of the ongoing Project...

New Revolut feature to block pickpockets and phone snatchers from accessing customer savings ahead of summer travel season 

Revolut, the global FinTech with over 8 million UK customers and 40 million globally, has introduced Wealth Protection, an extra layer of in-app identity verification, designed to prevent thieves from accessing customer savings within the Revolut app....

Three UK continuously enhances customer protection against scams and nuisance communications 

Three UK has blocked more than 173 million spam texts, equivalent to 10,000 every hour of the day, in the last two years, as part of its efforts to protect its customers from rising online fraud.   The progress follows Three becoming the first UK...