The Fintech Times

APRIL 22, 2024

Codebase Technologies , a UAE-based fintech platform provider, has launched its ‘Digibanc SME Financing’ platform to address the needs of underserved Micro, small, and medium-sized enterprises (MSMEs) across MENA and APAC. per cent from 2022 to 2031. Globally the financing gap for formal MSMEs is an estimated $5.2

Underserved 69

Underserved Finance Technology APACS 69

FICO

SEPTEMBER 5, 2022

European Card Fraud in 2021: Winners, Losers and Scams. Only four countries of the 18 we studied improved their card fraud performance in 2021. UK Posts Largest Reduction in Fraud Losses. This was done despite threat levels on credit cards, as measured by basis points, increasing by 32 percent in 2021. See all Posts.

Scams 52

Scams Financial Crimes Credit Cards Push-to-Card 52

Finovate

MARCH 7, 2024

. “Having the license would allow us to integrate with the robust financial network in Singapore and collaborate with valuable industry players,” said the company’s Managing Director of APAC Rohit Narang. Currencycloud was acquired by Visa in 2021. Mike Laven is CEO.

Multi-Currency 97

Multi-Currency Cross-Border APACS Cross-Border Payments 97

Fintech News

JANUARY 17, 2024

Tackling such sophisticated identity fraud will be a priority across APAC in 2024. APAC nations face unique fraud challenges In the Jumio report, a concerning picture emerges for the Asia-Pacific (APAC) region, where significant challenges related to fraud and identity issues are on the rise.

Deepfake 100

Deepfake APACS Scams Authentication 100

Fintech News

JUNE 3, 2024

Asia-Pacific (APAC) is one of the fastest-growing regions for cyber insurance, according to a S&P Global survey. annually, making APAC one of the most dynamic market in the world for the coverage type. Over the past five years, the region’s cyber insurance market has grown 51.2% trillion annually by 2025.

Ransomware 82

Ransomware APACS Cybersecurity AI 82

FICO

MARCH 22, 2022

To better understand what was happening in the small business market FICO examined research conducted in 2019 and 2021 to provide a before and after comparison of lending demand and business sentiment in the two time periods. What do SMEs need from their banking providers post-pandemic?

Posting 52

Posting APACS Origination Small Business 52

The Fintech Times

APRIL 23, 2024

One firm at the top of its game is AU10TIX , the identity verification and management platform, as it has protected companies against over $18billion in business fraud since 2021. Building on success In 2023, AU10TIX prevented twice the fraud that it had in 2021. The announcement comes on the heels of AU10TIX’s launch of Digital ID.

Transactions 64

Transactions Verification Fraud Detection AI 64

The Fintech Times

SEPTEMBER 10, 2024

Its 14th Five-Year Plan (2021 to 2025) focuses on high-quality, green development and places innovation at the heart of progress. Crypto change China banned cryptocurrencies like Bitcoin in 2021 , shifting its focus to developing its own central bank digital currency (CBDC).

FinTech 59

FinTech Online and Mobile Banking Digital Currency Central Bank 59

The Fintech Times

APRIL 23, 2024

.” After welcoming senangPay, a Malaysian payment facilitator, as the inaugural JCB payment gateway member, Soft Space aims to speed up the inclusion of additional acquirers and payment facilitators across the APAC region and beyond. Yoshiki Kaneko , president and CEO of JCB International Co Ltd.,

Payment Gateways 59

Payment Gateways Gateways Payment APIs and Integration Cross-Border Payments 59

Finovate

AUGUST 27, 2024

Zeta Co-Founder, Global CTO, and CEO APAC Ramki Gaddipati referred to CLOU as “a credit superhighway.” The company returned the following year to demo its modern, cloud-native, omni stack banking platform at FinovateFall 2021. Zeta achieved unicorn status that year courtesy of a $250 million round led by SoftBank.

Origination 59

Origination APACS Underwriting Product 59

FICO

OCTOBER 18, 2022

Read Naomi’s post on European Card Fraud in 2021: Winners, Losers and Scams. Listen to the recent FICO Fraud Matters Podcasts “Around the World in Scams”; Episode 5 focuses on scams in the EMEA and APAC regions , while Episode 6 focuses on scams in NORAM and LAC. See all Posts. Related posts. Gareth Williams.

Scams 52

Scams Consulting Financial Crimes APACS 52

Fintech Finance

FEBRUARY 29, 2024

In 2021, an amendment to Japan’s Payment Services Act lifted cross-border transfer caps for Type 1 license holders, to lower the cost of money transfers in and out of the country. .” It marks a pivotal moment for the company as it expands its footprint and enhances its capabilities in the dynamic markets across APAC.

Funds Transfer 52

Funds Transfer Cross-Border Cross-Border Payments Security 52

Fintech News

FEBRUARY 19, 2024

Visa saw great value in that and became a partner and investor in 2020, before acquiring us in 2021 ,” said Rohit. In 2021, Visa acquired Currencycloud in a deal valued at US$963 million, with the primary aim of enhancing transparency, flexibility, and control in cross-border payments.

Cross-Border 90

Cross-Border Cross-Border Payments Multi-Currency Payment APIs and Integration 90

Fintech News

JUNE 10, 2024

Forbes has released its annual 30 Under 30 Asia list, recognizing the entrepreneurs, artists, athletes, and changemakers who are leading transformative initiatives across key industries in the Asia-Pacific (APAC) region. Following a successful pilot launch in 2021, EduFi began disbursing loans earlier this year.

FinTech 105

FinTech Non-Bank Finance AI 105

Fintech News

JUNE 20, 2024

Even more reassuring, 54% of FSIs surveyed in EMEA, USA, and APAC are already embedding AI into their offerings or expanding their initiatives, and 61% plan to use Gen AI in 2024. Will Generative AI in payments accelerate financial institutions on their path to increased revenue and cost optimisation?

Use Case 106

Use Case AI Multi-Currency Payments 106

Fintech News

MAY 19, 2024

Twimbit, a Singaporean research and advisory firm, identifies data monetization as one of the biggest growth opportunities for banks in Asia-Pacific (APAC), which, alongside super-app platforms, financial marketplaces, banking-as-a-services and buy now, pay later (BNPL) arrangements, are projected to contribute over 40% of banking revenue by 2030.

Rules 72

Rules Non-Bank Audit Central Bank 72

Fintech News

APRIL 16, 2024

The event is poised to provide a comprehensive platform for professionals across the Asia-Pacific (APAC) region to explore the latest advancements in fintech across a wide range of sectors, including payments, banking, regtech, insurtech, lending, and more. In 2021, it recorded 9.7

FinTech 102

FinTech Bots Central Bank Innovation 102

Fintech Finance

APRIL 22, 2024

If they can start accepting JCB payments through payment facilitators, they are well-placed to capitalise on the rapidly growing international e-commerce spending by JCB cardmembers, which has increased by 52% from 2021 to 2022. Yoshiki Kaneko, President and Chief Executive Officer of JCB International Co.,

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration SDN 52

The Fintech Times

APRIL 23, 2024

Another session that caught our eye on the Vision stage included ‘Connecting for Change: MUFG’s Strategy for Fintech Integration’, a presentation and discussion with Masakazu Osawa , managing executive officer and chief executive, APAC at MUFG Bank, which outlined how MUFG identifies and collaborates with promising startups.

Payment APIs and Integration 59

Payment APIs and Integration Cross-Border Cross-Border Payments CBDC 59

Fintech News

FEBRUARY 20, 2024

Xendit claims more than 3,000 customers, among which Samsung Indonesia, Grab Pay, Ninja Van Philippines, Qoala, Unicef Indonesia, Cashalo and Shopback, and says it tripled annualized transactions from 65 million to 200 million between 2021 and 2022, and increased total payments value from US$6.5 monthly active users in 2021.

FinTech 99

FinTech Payment APIs and Integration Online and Mobile Banking Security 99

Fintech News

JUNE 6, 2024

From December 2021 to January 2022, close to 800 individuals fell victim to an SMS phishing scam where fraudsters impersonated OCBC. “Many financial organisations are already adopting biometric and liveness detection technologies to strengthen their fraud prevention systems,” said Frederic Ho, Vice President of APAC at Jumio.

Scams 82

Scams Phishing Deepfake Verification 82

Fintech News

MARCH 18, 2024

According to the report, cashless payments are now widespread in Thailand, reaching an adoption rate of 94% in 2021. Ascend Money secured its latest round of financing in 2021, closing a US$150 million Series C at a valuation of US$1.5 since 2021. billion and becoming Thailand’s first fintech unicorn. The company claimed 4.2

FinTech 84

FinTech Online and Mobile Banking Blockchain Product 84

FICO

SEPTEMBER 7, 2022

The Looming Post-Pandemic Downturn. higher than in Q1-2021. In July 2021, around one in five (21.6%) households from the lowest income quartile reported being in financial distress. Bruce has worked directly with dozens of businesses in 27 countries across EMEA and APAC. See all Posts. Related posts.

Risk 52

Risk Risk Management Consulting Consumer 52

Fintech News

MAY 7, 2024

According to the startup, the round made Uzum the first tech company in Uzbekistan to achieve unicorn status with a post-money valuation of over US$1 billion. Featured image credit: edited from freepik The post Here Are 2024’s Top VC Funding Rounds So Far appeared first on Fintech Singapore.

Payment APIs and Integration 108

Payment APIs and Integration Non-Bank Finance FinTech 108

FICO

OCTOBER 17, 2022

The launch of the Open Finance Framework by Bangko Sentral ng Pilipinas (BSP) in 2021 was a big step forward in driving financial inclusion for millions of Filipinos across the market who still do not have access to credit. Read our blog post on How Transactional Analytics for SME Lending Drive Greater Value. See all Posts.

Credit Risk 52

Credit Risk Payment APIs and Integration Consulting Non-Bank 52

FICO

JUNE 16, 2022

Right now, many global markets are experiencing the impact of a perfect storm combining the global energy crisis, post Covid-19 consumption demands, supply chain challenges and war in Ukraine. Bruce has worked directly with dozens of businesses in 27 countries across EMEA and APAC. See all Posts. Related posts.

Adjustments 52

Adjustments Assessments Returns APACS 52

FICO

JANUARY 3, 2023

Read the post Even in a Crisis, the Best Collections Strategy Is to Avoid Collections. . Bruce has worked directly with dozens of businesses in 27 countries across EMEA and APAC. Bruce Curry has been named to the Credit 500 in 2020, 2021 and 2022. See all Posts. Related posts. He retired in 2022.

Volume 52

Volume Returns Risk Settlement 52

FICO

NOVEMBER 3, 2022

Read the post Even in a Crisis, the Best Collections Strategy Is to Avoid Collections. . Bruce has worked directly with dozens of businesses in 27 countries across EMEA and APAC. Bruce Curry has been named to the Credit 500 in 2020, 2021 and 2022. See all Posts. Related posts. chevron_left Blog Home.

Volume 52

Volume BNPL Agreements Risk 52

Fintech News

JANUARY 18, 2024

In the Asia-Pacific (APAC) region, 11 out of the 13 profitable digital banks , including South Korea’s Kakao Bank, India’s Paytm Bank, and China’s AIBank, WeBank, XW Bank, and MyBank, are redefining banking paradigms. This not only boosted the accessibility of SME loans but also contributed to the bank’s growth.

APACS 94

APACS Finance Cross-Border Ubiquitous 94

Fintech News

JULY 23, 2024

Founded in 2021 as a merger company between Gojek and Tokopedia, two of Indonesia’s biggest Internet companies at that time, the GoTo Group claimed 50.8 YouTrip has experienced significant growth in its consumer multi-currency spending in Singapore and Thailand, with its user base tripling between 2021 and 2023.

FinTech 105

FinTech Online and Mobile Banking Multi-Currency Non-Bank 105

Fintech Finance

MARCH 19, 2024

Banking-as-a-Service (BaaS) provider, B4B, who has operated in the US since 2021, are now migrating their card payment processing to Thredd to further extend the companies’ partnership from the UK and Europe. The post Thredd Announces Expansion Into the United States Card Issuing Processing Market appeared first on Fintech Finance.

Process 52

Process Processors APACS Use Case 52

The Fintech Times

APRIL 25, 2024

Nium, the real-time cross-border payments company, has expanded its partnership with Thredd , the payments processor, to issue virtual cards in the APAC region. Following the launch of its asset finance arm in January 2021, Allica says over the past 12 months it has lent almost double the amount it lent in the previous two years combined.

FinTech 59

FinTech Payment APIs and Integration Alternative Payment Methods Cross-Border Payments 59

The Fintech Times

JANUARY 4, 2024

In 2021, Tuvey founded Vertice to help businesses reduce their annual software spend by 20-30 per cent. We now manage over $1.1billion of SaaS spend for high-growth customers across the world and we are rapidly growing across the US, Europe and APAC. The post Behind the Idea: Vertice appeared first on The Fintech Times.

Payroll 59

Payroll APACS Product Technology 59

Fintech News

JANUARY 3, 2024

To get a sense of APAC’s up-and-coming fintech leaders, we take a look today at some of 2023’s largest VC-backed rounds fintech of funding in APAC, showcasing the startups that managed to beat the odds in the face of a challenging fundraising environment and global economic uncertainties.

APACS 80

APACS FinTech BNPL Small Business 80

Fintech News

JANUARY 21, 2024

The report notes a significant migration from the pass-through model to the MoR model, with travel agents acting as MoRs posting a compound annual growth rate (CAGR) of 43% from 2020 to 2022, a growth rate that’s more than double than that of the overall online travel agency market of 20% CAGR. year-over-year, with APAC experiencing an 11.7%

FinTech 82

FinTech Payments Visa APACS 82

The Fintech Times

FEBRUARY 13, 2024

Since 2021, Moneyline has successfully partnered with Ordo for Request to Pay open banking services. Startupbootcamp Australia, one of the world’s largest industry-focused accelerators, has appointed Tim Poskitt as its new MD for fintech in the APAC region.

FinTech 64

FinTech Consulting Advisors Credit Cards 64

Fintech News

SEPTEMBER 4, 2024

Buy Now, Pay Later (BNPL) in India has experienced a rapid increase in adoption, with its share of e-commerce sales in Asia-Pacific (APAC) surging from just 0.1% Featured image credit: edited from freepik The post Top 10 Buy Now, Pay Later Players (BNPL) in India in 2024 appeared first on Fintech Singapore. Fibe has served over 2.5

BNPL 67

BNPL Online and Mobile Banking Credit Limit Credit Cards 67