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Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation

PYMNTS

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Through the initiatives in the policy, the goal is to foster the advancement of digital technologies and create new financial services and products.

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Celebrating FinCrime Fighter Day: Honoring the heroes of financial security

Abrigo

Growing challenges and complexity Financial crime isn’t what it used to be; cybercriminals are more innovative, faster, and harder to catch. Deloitte expects synthetic identity fraud to generate losses of at least $23 billion by 2030. Here at Abrigo, we’ve been doubling down on innovation even when others were pulling back.

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JPMorgan restricts staff from using ChatGPT | HSBC estimate 5-10% of assets will be tokenized by 2030 | Euronext launches €5.5B bid for Allfunds

Bussman Advisory

The post JPMorgan restricts staff from using ChatGPT | HSBC estimate 5-10% of assets will be tokenized by 2030 | Euronext launches €5.5B bid for Allfunds More information on www.bussmannadvisory.com The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop?

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Kia Rolls Out Connected Car Subscriptions Via Zuora Platform

PYMNTS

The markets for automotive software and electrical/electronic (E/E) components is anticipated to reach $465 billion between 2020 and 2030, up from $238 billion, according to the McKinsey report Mapping the Automotive Software-and-Electronics Landscape Through 2030. Connected services are the future of the automotive industry.

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The Senior Factor In Smart Home Innovation

PYMNTS

By 2030, the Census estimates there will be 78 million Americans over the age of 65 – that means one in every five residents of the U.S. A technological level up from those efforts is a product by Japanese startup Xenoma, which recently introduced the world to its “e-skin” pajamas designed for the elderly. population is getting older.

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Asia Will Lead In Use of AI and Automation in Financial Services, Study Says

Bank Innovation

The advent of AI technology, with innumerable use cases for financial services, will also have a great impact on cost savings and output for companies. By 2030 the global growth rate for use of automation technology in companies, including fintech and financial services, will stand at 15%.

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Finablr’s BayanPay Awarded Payments License From Saudi Authority

PYMNTS

“Through BayanPay, Finablr will support the Kingdom’s strategic objectives of becoming a cashless society, one of the goals of the Financial Sector Development Program under Saudi Vision 2030. The wallet product is powered by Finablr’s technology, giving Saudi Arabia-based customers the ability to make domestic and cross-border payments.

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