article thumbnail

UOB Report: ASEAN Fintech Investment Defies Funding Winter, Surges Tenfold Since 2015

Fintech News

ASEAN’s fintech sector has seen remarkable growth, with funding rising more than tenfold since 2015, according to the Fintech in ASEAN 2024 report launched today by UOB , PwC Singapore, and the Singapore Fintech Association.

FinTech 108
article thumbnail

Toast CEO resigns

Payments Dive

Chris Comparato, who has been CEO since 2015, told the restaurant payments company’s board on Friday that he’ll exit his leadership posts on Jan.

Posting 167
article thumbnail

Citi fined $25.9M over alleged discrimination

Payments Dive

The bank, between 2015 and 2021, denied certain credit card products to applicants with surnames ending in “ian” and “yan,” suffixes that Citi employees associated with Armenian national origin, the CFPB said.

CFPB 158
article thumbnail

Why is JCPenney dropping Apple Pay?

Payments Source

JCPenney ended support for Apple Pay in its stores and also removed the mobile payment option from its app, a surprising reversal for a brand that offered Apple Pay in 2015, within a year of its rollout. There are multiple factors in play here.

article thumbnail

Sponsor's message: [New Report] The Future of UK Fintech: 2015 - 2035 - An IFGS Special Edition - UK Fintech Week 2024

Finextra

‘The Future of UK Fintech: 2015 –

FinTech 52
article thumbnail

FinovateFall 2024 Best of Show Winners Announced

Finovate

The six companies appearing on the highest percentage of submitted ballots were named “Best of Show.” Go here for a list of previous Best of Show winners through 2014.

Deepfake 111
article thumbnail

How payments fraud is becoming more complex—and expensive

Payments Source

since the introduction of EMV chip cards in 2015 is fantastic news, except for retailers that also sell goods sells online. Recent reports that counterfeit card fraud is markedly down in the U.S. In that case fraud has merely moved from an in-store payment attempt to a card not present (CNP) one.