The Most Influential Women in Payments, 2021
Payments Source
MARCH 15, 2021
2021's Most Influential Women in Payments honorees demonstrate how a diverse background and a unique perspective can prove crucial in difficult times.
2021 Related Topics 
Predictions for 2021: The World is a Digital Place
Payments Dive
DECEMBER 28, 2020
2020 was a difficult year in many aspects, but it also challenged the payments industry to find new solutions to work through the limitations of the pandemic. Seth Brennan, CEO of North Lane Technologies, a payments industry veteran, shares his thoughts on the year ahead
Technology 
199
199 
Feds crack down on improper payments
Payments Dive
JULY 20, 2022
A federal government report released this week takes aim at the problem of fraudulent public benefit payments, which mushroomed to $281 billion for fiscal year 2021.
Fed 218
218 
Fed study highlights growth in card, ACH payments
Payments Dive
APRIL 24, 2023
Card, ACH and check payment values climbed from 2018 to 2021, as cash was left behind, according to the Federal Reserve’s noncash payments study.
ACH 194
194 
2021 Dresner Advisory Services Business Intelligence Market Study
Advertisement
For 12 years Dresner Advisory Services has run analysis on the importance of business intelligence, and the different providers of embedded BI solutions. BI Defined. Business intelligence is the technological capability to include BI features and functions as an inherent part of another application.
FTX sues Binance, alleging fraud in 2021 share repurchase deal
The Paypers
NOVEMBER 12, 2024
Bankrupt cryptocurrency exchange FTX has filed a lawsuit against Binance and its former CEO, alleging fraud in a 2021 share repurchase deal.
Citi fined $25.9M over alleged discrimination
Payments Dive
NOVEMBER 8, 2023
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
158 
E-Wallets Rise as Leading Payment Method in Southeast Asia
Fintech News
OCTOBER 21, 2024
According to the 2021 Financial Inclusion Survey by the Bangko Sentral ng Pilipinas (BSP), formal account ownership stood at 56% in 2021, a remarkable rise from 29% in 2019, 23% in 2017 and 17% in 2015. In 2021, e-money accounts surpassed bank accounts as the most commonly held financial accounts in the country.
Pomelo stacks $40M to scale its payments infra business in LatAm
TechCrunch Fintech
JANUARY 17, 2024
The Buenos Aires-based company started in 2021 with the goal of giving fintechs and embedded finance players a way to launch virtual accounts and issue prepaid and credit cards via compliant onboarding processes. Argentinian payments infrastructure startup Pomelo has raised $40 million in a Series B round of funding.
Embedded Finance 129
129 
2021 State of Analytics: Why Users Demand Better
Advertisement
As organizations become more data driven, their analytics requirements grow. The expectation to do more with their data becomes a moving target for them and the applications that serve them. To stand up to the challenge, applications must evolve to accommodate their users and ensure their success. But what do users really want?
TransferGo raises $10M to expand its remittance business in Asia, doubling valuation
TechCrunch Fintech
APRIL 9, 2024
It last raised a $50M Series C funding round in 2021. TransferGo, the UK-based fintech best known as a consumer platform for global remittances, has raised a $10 million growth funding round from Taiwan-based investor Taiwania Capital, with a view to expanding in the Asia-Pacific region. All rights reserved. For personal use only.
FinTech 120
120 
A List of Digital Banks in Asia
Fintech News
MARCH 6, 2024
Rakuten Bank is the largest online bank in Japan by number of accounts, surpassing 11 million accounts in 2021. It also became the country’s first digital lender to list on the Korea Exchange in August 2021, raising about US$2.1 It has over 500,000 users as of December 2021. It has over 2.3
GIC Explores Potential Sale of Minority Stake in Bukalapak
Fintech News
JULY 16, 2024
The wealth fund’s initial investment in Bukalapak occurred in April 2021, in collaboration with Microsoft and Emtek, amounting to US$234 million. Bukalapak subsequently went public in July 2021, raising US$1.52 According to the Indonesia Stock Exchange (IDX), GIC currently owns 9.44% of Bukalapak. billion in its IPO.
Adjustments 113
113 
Payment and Crypto Identified as Top Targets for Identity Fraud in Q4 2023
Fintech News
APRIL 1, 2024
The rally marked the end of a prolonged so-called “ crypto winter ” which saw the value of the cryptocurrency fall by a substantial 75% between November 2021 and November 2022 to reach a two-year low of US$16,000. Divergent trends across regions The AU10TIX report highlights divergent crypto fraud trends across regions.
Ransomware 121
121 
You’re Invited: Innovate Through Data Virtual Summit
Speaker: Logi Analytics
Join us on October 19th & 20th for Logi Spark 2021, the premier event dedicated to helping application teams create engaging state-of-the-art analytics. Logi Spark 2021 consists of two days of networking, best practice sessions, and forward-thinking keynotes on the future of data.
FinovateFall 2024 Best of Show Winners Announced
Finovate
SEPTEMBER 10, 2024
Best of Show winners from our 2015 through 2024 conferences are below: FinovateEurope 2015 FinovateSpring 2015 FinovateFall 2015 FinovateEurope 2016 FinovateSpring 2016 FinovateFall 2016 FinovateAsia 2016 FinovateEurope 2017 FinovateSpring 2017 FinovateFall 2017 FinovateAsia 2017 FinovateMiddleEast 2018 FinovateEurope 2018 FinovateSpring 2018 FinovateFall (..)
Deepfake 111
111 
Singapore Remains the Top Choice For Venture Capital in Southeast Asia
Fintech News
MARCH 25, 2024
Between 2015 and 2021, deal count within the region more than tripled, the PitchBook report shows, a testament of Southeast Asia’s burgeoning investment landscape. During the 2021 market frenzy, the amount of venture dollars that were funneled into software deals constituted 46.9% in 2021 to 36.2%
Participant 111
111 
Gan Kim Yong to Take Over as MAS Chairman From Lawrence Wong
Fintech News
MAY 13, 2024
Wong’s tenure with MAS includes his time as Deputy Chairman from 1 June 2021 to 7 July 2023 and as a Board member from 10 June 2011 to 29 August 2016. Wong has held the Chairman position since 8 July 2023 and will step down from his roles as Chairman and Board member on 15 May 2024.
Authorization 117
117 
OCBC Reports Sixfold Increase in Eco-Care Car Loans Amid Rising EV Popularity
Fintech News
APRIL 15, 2024
OCBC has reported a major increase in its Eco-Care Car Loans , with numbers surging over sixfold in 2023 compared to their launch year in 2021. This rise coincides with a growing environmental consciousness among Singaporeans and a governmental push towards electric vehicles (EVs) as part of the Singapore Green Plan 2030.
On-Demand 111
111 
Commonwealth automates majority of underwriting with AI
Bank Automation
OCTOBER 21, 2024
The $2 billion credit union started working with Zest AI in 2021 […] The post Commonwealth automates majority of underwriting with AI appeared first on Bank Automation News. “Seventy percent to 83% of all our loan underwritings are automated now,” Chief Growth Officer Jaynel Christensen told Bank Automation News.
Underwriting 97
97 
VC Funding to Indian Fintech Companies Drops 57.6% YoY
Fintech News
APRIL 28, 2024
In 2021, the sector reached its peak, attracting a record of US$8.4 billion in 2021. compared to 2021 and by 55.55% from the figures of 2022. Only 20 fintech startups were incorporated last year, compared to 73 and 45 in 2021 and 2022, respectively. billion (-63% YoY) and 503 deals (-71.6% billion through 611 rounds.
FinTech 108
108 
Fintech Funding in Asia Sees Positive Signs Despite 56% Plunge
Fintech News
FEBRUARY 14, 2024
billion secured in 2021, the data show. billion secured in 2021. Late-stage deal size fell more than 50% between 2021 and 2023, plunging from US$50 million to US$21 million. Similarly, the number of mega-rounds in Q4 2023 fell to its lowest level since 2017, falling to just 78 deals compared to a record of 429 in Q4 2021.
FinTech 104
104 
Thai SEC Warns Against Listing Meme Tokens on Digital Asset Exchanges
Fintech News
MAY 8, 2024
The SEC’s directive is in line with the existing regulations set forth in the 10 June 2021, notification regarding the rules for digital asset businesses. Meme tokens, which often lack clear objectives or utility and are heavily influenced by social media trends, are seen as unstable investments.
Regulations 117
117 
Fairbanc to Enhance Indonesian Operations with US$13.3M Debt Financing
Fintech News
MARCH 3, 2024
The startup, which initially collaborated with Unilever in Bangladesh before expanding to Indonesia in 2021, offers MSMEs the opportunity to purchase inventory through BNPL credit. This enabled Fairbanc to onboard more than 550,000 merchants as it does not require collateral, credit history, smartphone ownership, or digital literacy.
Finance 115
115 
Nium Now Licensed by Japan’s Regulator for Money Transfers Over US$300K
Fintech News
FEBRUARY 28, 2024
This follows a 2021 amendment to Japan’s Payment Services Act, aimed at reducing the cost of international money transfers by lifting restrictions for Type 1 license holders. Most non-bank entities typically hold Type 2 licenses limiting transactions to 1 million JPY.
Regulations 123
123 
UOB Report: ASEAN Fintech Investment Defies Funding Winter, Surges Tenfold Since 2015
Fintech News
NOVEMBER 6, 2024
When rates were previously cut between 2019 and 2021, ASEAN fintech funding peaked at US$6.36 billion in 2021, the region’s highest annual total in the past decade. The recent interest rate cuts by the US Federal Reserve are expected to support further growth. The report was launched at the Singapore Fintech Festival.
FinTech 108
108 
Trust Bank Names Veteran Banker Aditya Gupta as Chief Product Officer
Fintech News
MAY 9, 2024
Aditya steps into this role succeeding Michal Bialer, who served as Chief Product Officer from 2021 to 2023 and has since been promoted to Managing Director and Chief Product and Customer Officer. Singapore’s digital bank Trust announced that it has appointed Aditya Gupta as its new Chief Product Officer.
Product 109
109 
East Ventures’ Managing Partner Koh Wai Kit Steps Down, Transitions to Advisory Role
Fintech News
JANUARY 16, 2024
Indonesian venture capital firm East Ventures’ Koh Wai Kit, who had been serving as the Managing Partner since his appointment in 2021, has stepped down from his role. This was confirmed by sources close to DealStreetAsia.
FinTech 117
117 
Independent Reserve Opens Singapore Office
Fintech News
DECEMBER 4, 2024
Independent Reserve was among the first to secure a full digital payment token license from the Monetary Authority of Singapore (MAS) in 2021. The move highlights the company’s focus on Singapore as a key location for its operations in Asia’s expanding Web 3.0 and digital assets sector.
Web 3.0 108
108 
Validus Raises US$50M Debt Funding from HSBC to Boost Indonesian SME Lending
Fintech News
SEPTEMBER 1, 2024
Since 2021, Validus has disbursed S$5.17 This funding aims to support Indonesian MSMEs by providing them with more accessible financing options, addressing financial barriers, and helping to drive economic growth. Batumbu has reported growing profits over the past two years and consistently achieved EBITDA margins exceeding 50%.
Mastercard to Phase Out Passwords by 2030 with Biometrics, Tokenisation
Fintech News
NOVEMBER 13, 2024
This shift towards biometric authentication builds on Mastercard’s previous efforts to enhance payment security, such as being the first payment network to phase out magnetic stripes in 2021.
Visa 138
138 
29 Fintech Leaders Make Forbes 30 Under 30 Asia List This Year
Fintech News
JUNE 10, 2024
EduFi, launched in November 2021, aims to provide student financing solutions to the masses, particularly focusing on assisting middle-class citizens in Pakistan to gain higher education. Following a successful pilot launch in 2021, EduFi began disbursing loans earlier this year. The startup secured US$6.1
FinTech 127
127 
Indonesian Crowdfunding Platform Kitabisa Enters Insurance Sector
Fintech News
OCTOBER 9, 2024
Kitabisa acquired PT Asuransi Jiwa Syariah Kitabisa in 2023, reviving its previously discontinued crowd-insurance programme, SalingJaga, which was shut down by the OJK in 2021 for operating without an insurance license. In its first nine months of operation, Kitabisa Insurance recorded a net profit of 2.56 billion rupiah (US$11.21
Facilitators 118
118 
Former Lazada Execs’ Insurance Marketplace Lifepal Acquired by Roojai
Fintech News
JANUARY 15, 2024
The firm had raised an oversubscribed US$9 million Series A funding round in August 2021, bringing the total capital raised to US$12 million. Lifepal was founded in 2019 by former Lazada executives Giacomo Ficari and Nicolo Robba, to offer over 300 policies across health, life, automotive, property, and travel.
Acquirers 112
112 
Former Swift Execs’ Fintech iPiD Raises US$5.3M in Pre-Series A
Fintech News
JUNE 4, 2024
Founded in 2021 by former Swift executives, iPiD offers advanced payee verification and identification solutions aimed at enhancing global payment security. The new funds will be used to develop products that prevent payment-related fraud and to expand in strategic markets, especially in Asia.
SWIFT 109
109 
Emirates NBD Taps Partior for Cross-Border Payments, Eyes Equity Stake
Fintech News
OCTOBER 23, 2024
Partior, launched in 2021 and backed by DBS Bank, J.P. As part of the deal, Emirates NBD will reportedly become the first bank in the region to facilitate settlement in UAE Dirhams, Saudi Riyals, and Indian Rupees on the platform.
MAS Board Welcomes Chee Hong Tat as Deputy Chairman
Fintech News
JULY 29, 2024
Additionally, he was Deputy Secretary-General at the National Trades Union Congress from May 2021 to June 2022. He has previously served in various capacities, including Senior Minister of State for Transport, Finance, Health, Communications & Information, Education, Trade & Industry, and Foreign Affairs.
Former Grab Leader Saad Ahmed to Spearhead Gemini’s APAC Expansion
Fintech News
JANUARY 29, 2024
The former APAC chief Jeremy Ng left the company back in December 2021. Gemini, an American crypto exchange founded by twins Tyler and Cameron Winklevoss, has announced the appointment of Saad Ahmed as the new Head of Asia Pacific (APAC).
APACS 107
107 
Calvin Ong to Lead DBS Consumer Banking in Singapore from 2025
Fintech News
SEPTEMBER 8, 2024
He was recently appointed as new Chairman for Network for Electronic Transfers (NETS), taking over from UOB’s Susan Hwee, who has chaired since 1 September 2021. Soo also championed initiatives aimed at making banking more inclusive, particularly for low-income and migrant workers.
Consumer 104
104 
CFPB Takes Action to Ensure Consumers Can Dispute Charges and Obtain Refunds on Buy Now, Pay Later Loans
Fintech Finance
MAY 24, 2024
The CFPB began studying the Buy Now, Pay Later industry in 2021. In 2021, people disputed or returned $1.8 In 2021, the CFPB opened an inquiry into Buy Now, Pay Later with a focus on debt accumulation, regulatory arbitrage, and data harvesting. Buy Now, Pay Later products are popular across ages, races, and income levels.
Disputes 97
97 
Partior Closes Series B at US$80 Million with Deutsche Bank Investment
Fintech News
NOVEMBER 27, 2024
Established in 2021 and backed by DBS Bank, J.P. The bank plans to act as a Euro and US dollar settlement bank on Partior’s platform, aligning with its dbX initiative—a correspondent banking ecosystem launched to optimize financial institution client services.
Cross-Border 109
109 
Singapore’s Equity Management Platform Qapita Raises US$17.2 Million
Fintech News
FEBRUARY 27, 2024
million secured in 2020 and 2021. Singapore’s fintech startup, Qapita , has raised US$17.2 million in a funding round believed to be pre-Series B, adding to the US$22.68 This latest financial infusion saw contributions from a mix of existing investors.
FinTech 106
106 
OJK Greenlights Sunday’s Acquisition of KSK Insurance Indonesia
Fintech News
MARCH 7, 2024
Sunday’s latest fundraising effort in September 2021 saw the company raising US$45 million in a Series B round to support its plans to expand its retail product offerings further.
Returns 117
117 
Trustly Appoints Adam Miller as Group CFO to Drive Ambitious Growth
Fintech Finance
OCTOBER 8, 2024
Based in Stockholm, Adam joins Trustly from Deliveroo, where he served as CFO for over two years, successfully leading the company through its 2021 London Stock Exchange listing and navigating significant growth during the pandemic.
Finance 108
108 
Let's personalize your content