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The global fintech as a service market is experiencing rapid growth due to several factors, including the increase in the utilization of digital financial services, the API economy & open banking initiatives, and efforts towards financial inclusion, regulatory compliance, and security.Wilmington, Delaware, Nov. 13, 2023 (GLOBE NEWSWIRE) Allied Market Research published a report, titled, “Fintech as a Service Market by Technology (Application Programming Interface (API), Robotic Process Automa ....
In 2004, an estimated 80 percent of Filipinos remained unbanked. To help solve this problem, Globe Telecom entered fintech and launched GCash under its subsidiary: Mynt - Globe’s Fintech Innovations. When Ant Financial invested in GCash, it took a simple payments app and transformed ....