Sparked by the 2008 global financial crisis, fintech has completely disrupted traditional banking by offering easier access to financial services. While European fintechs raised a record $8.5 billion (£6.9 billion) in 2019 alone, the tide is now turning and the focus is shifting East to the world’s most populous region, Asia-Pacific (APAC), where fintech growth is projected to be considerably faster than anywhere else in the world and payment innovations are transforming the way consumers engage in financial transactions. So why is APAC appealing to fintech innovators and what is driving growth in the region? Find out more in our infographic HERE.
GPS Statement on FCA restrictions relating to Wirecard Card Solutions Limited (WDCS)
On Friday, 26th June 2020, the UK Financial Conduct Authority (FCA) imposed a temporary suspension on the activities of Wirecard Card Solutions Limited (WDCS). This included the processing of all...
Open Banking: Opportunities and Challenges
A Global Processing Services White Paper produced in association with PIF