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"Fintech", a clipped compound of "financial technology", refers to the application of innovative technologies to products and services in the financial industry. It denotes the close interaction between the financial services industry and latest information technologies such as artificial intelligence, big data, blockchain, and cloud computing. This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as cryptocurrencies. Fintech companies include both startups and established technology and financial firms that aim to improve, complement, or replace traditional financial services.
Settle Group is a Norwegian, VC-backed financial technology company. Its PSD2 compliant technology platform enables banks to issue white label mobile payments products to their private and merchant customers.
TymeBank is an South African digital bank aimed at the lower income market. Headquartered in Rosebank, Johannesburg, TymeBank does not have any physical bank branches and relies on an Android banking App, and Internet Banking site and a partnership with two retail chains, Pick n Pay and Boxer, to host a national network of self-service kiosks that facilitate the account opening process.
References
- ↑ "Tagattitude Launches "NFC2.0" Technology (And No, It's Not Actually NFC)". 12 October 2011.
- ↑ "Skaleet: Pwering the Future of Core Banking with SaaS Innovation". Banking CIO Outlook. 2024.
- ↑ "TagPay / NSDT : Le paiement mobile par signal audio crypté" [Mobile payment by encrypted audio signal] (in French). Generation NT. December 7, 2010.
- ↑ "Digital lending is the next horizon for Africa's banks, says Skaleet CEO". African Business. December 3, 2021.
- ↑ "TagPay rebrands as Skaleet!". Skaleet. October 18, 2021.
- ↑ "Core Banking: Skaleet Joins BIAN to Promote a Common Framework Through a Coreless Banking Approach". Financial IT. June 21, 2023.
- ↑ "Next-Gen Core Banking System". Skaleet. Retrieved December 17, 2024.
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