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January 26, 2020

Internet services company Opera has come under a short-sell assault based on allegations of predatory lending practices by its fintech products in Africa.

Hindenburg Research issued a report claiming (among other things) that Opera’s finance products in Nigeria and Kenya have run afoul of prudent consumer practices and Google Play Store rules for lending apps.

Hindenburg — which is based in NYC...

January 26, 2020

If you’re reading this, it’s likely your inbox has been overflowing with predictions and prognostications about what we can expect in the decade ahead. It’s as if the future has already been written, with no opportunity for us to shape it.

The 2020s will almost certainly be challenging years for people and the planet. Society is aging, and by the end of the decade, 20 percent of us will be over 65 a...

January 16, 2020

By Sam Maule, Head of North America, 11FS

The more things change, the more they say the same. Mergers, incumbent dominance, and hesitancy over market conditions are all going to continue this year. So does 2020 have anything new in store for US finserv? Let’s take a look…

Prediction 1: more mergers are on the way

Quick: name a banking core provider off the top of your head. Chances are they’ve gone th...

January 14, 2020

(Reuters) - Visa Inc said on Monday it agreed to buy privately held software startup Plaid Inc in a $5.3 billion deal that will boost the payments giant’s access to the booming financial technology space.

FILE PHOTO: A Visa credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer/Illustration

The transaction highlights how traditional...

January 6, 2020

How do you help people lead better financial lives? Meniga's Andrew Harper shared the company's unique approach with us at last year's Money20/20 USA

If you visited this year’s Money20/20 USA event - indeed, if you have read our exclusive interview with the event’s President, Tracy Davies in our December issue - you’ll be aware of one of the key themes to come out of those four days in Las Vegas: fi...

January 3, 2020

By Ben Moore

In an effort to stimulate innovation and promote financial inclusion, banks and governments are poised to significantly boost uptake of Fintech solutions during 2020, according to a new report from Ecosystem, the global disruptive technology research and advisory platform.

The report, Ecosystem Predicts: The Top 5 Fintech Trends for 2020, identifies five key trends that will shape the Fi...

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