FXC Intelligence

As the global arm of Ant Group, Ant International has steadily been growing its reach in Europe, where its key brands Alipay+, WorldFirst and Antom were major sponsors for #EURO2024.⚽️ Head of Content and Editor-In-Chief Lucy Ingham spoke to Ant International President Douglas Feagin to find out more. Access the full report here: https://lnkd.in/em68Upej #FXCIntelligence #Euro2024 #Payments #GlobalPayments #B2BPayments #OnlinePayments #FinancialServices #Fintech #Finance

After the number of IPOs fell in 2023, speculation is growing about whether 2024 could see a return – including in the cross-border payments sector. In a recent report, we explore topics such as: 🚀 The current cross-border payments IPO landscape ❓ What types of companies have announced IPOs recently? 🤷🏼♀️ Why has going private become more popular? Access the full report, written by Joe Baker, here: https://lnkd.in/epmFwcqX #FXCIntelligence #Payments #GlobalPayments #Banking #IPO #Crossborderpayments #FinancialServices #Fintech

FedNow one year on... 👀 In his latest coverage for FXC Intelligence, Joe Baker looks at some of the key developments since the launch of the US Federal Reserve's instant payment system. Here's a summary of his observations: ✅ Wide adoption: Over 800 banks and credit unions are now using FedNow, outpacing RTP with more institutions onboarded. ✅ Consumer and business uptake: According to a May 2024 Federal Reserve survey, 86% of businesses and 74% of consumers used faster or instant payments in 2023. ✅ Diverse use cases: FedNow supports various payment scenarios, from payroll and gig economy payouts to B2B transactions and digital wallet funding. ✅ Innovation in fintech: As noted by PPRO's VP Account Management, Therese Hudak, FedNow fosters competition and innovation in the fintech space, improving services like PayPal, Venmo, and Zelle®. Read Joe's complete analysis now in the comments 👇 #Payments #Fintech

🏦 Banks have seen several developments related to cross-border payments in #H12024. In a recent report, we take a closer look at some of the bigger cross-border announcements so far this year to highlight key trends for the sector. Read the full report here 👉🏼 https://lnkd.in/ebzFfBY2 #FXCIntelligence #Payments #GlobalPayments #Banking #GlobalBanks #Crossborderpayments #Partnerships #FinancialServices #Fintech

Revolut has published its FY 2023 results, posting record profits and showing a company that has significantly diversified from its crypto-heavy approach of a few years previously. In a recent report, we highlight several topics including: 📈 Inside Revolut’s interest income growth 🌎 Revolut's regional growth 🎯 2024 targets Read our full report here: https://lnkd.in/eTxpabZi #FXCIntelligence #Payments #GlobalPayments #Banking #Revolut #Growth #FY2023 #Profit #FinancialServices #Fintech

Recently, South African remittances player Mama Money announced it was launching a new WhatsApp-based virtual card and banking service, Mama Money Card. It’s the third high-profile launch of a WhatsApp-based service in Africa in just a few months, but what is the appeal of the platform? A recent analysis written by Lucy Ingham explores WhatsApp banking in Africa and the key features of products launched in 2024. Read more here 👉🏽 https://lnkd.in/erpgXSPc #FXCIntelligence #Banking #GlobalBanking #WhatsAppPayments #Africa #FinancialServices #Fintech #GlobalPayments #Payments #Remittances

This July welcomes a major milestone for the Federal Reserve Board: the one-year anniversary of FedNow – the US central bank’s instant payments rail that banks are gradually adopting up and down the country. In a recent report written by Senior Copywriter Joe Baker, we explore FedNow's progress so far, as well as the challenges it is facing on the continuing path to adoption. https://lnkd.in/eTwH7kMF #FXCIntelligence #FedNow #Payments #GlobalPayments #Banking #Banks #FinancialServices #Crossborderpayments #Crossborder

Happy Independence Day 🇺🇸 #FXCIntelligence #Payments #IndependenceDay #July4th #FinancialServices #Fintech

📸 Highlights from the Point Zero Forum in Zurich. Our CEO and Founder Daniel Webber was joined on stage by Arjun Vir Singh, Livia Benisty, Milind Sanghavi and Varun Paul to discuss the evolution of cross-border payments. Lucy Ingham also delivered a short introduction into the state of cross-border payments at the beginning of this panel. Elevandi | Point Zero Forum #PZF2024 #FXCIntelligence #PointZeroForum #Payments #GlobalPayments #FinancialServices #Finance #Fintech #Crossborderpayments #Crossborder

🏳️🌈✏️NEW BLOG POST✏️🏳️🌈 As Pride month ends, our latest blog recaps the incredible presentation delivered to the team by our very own Joe Baker titled ‘Pride in data: Why Pride month is so important.’ It encapsulates what Pride is, why it is so important, the struggles still seen within the community, and how FXC’s LGBTQIA+ Network provides a safe space for our employees. Read the full blog here: https://lnkd.in/eC8rv_kj #FXCIntelligence #PrideMonth #FintechPride #Payments #EmployeeNetwork #GlobalPayments #Finance #FinancialServices #Banking #Fintech #Pride