Fintech News

OCTOBER 13, 2024

The partnership offers a variety of insurance products such as SafeTrip for users traveling with Gojek’s mobility services, package delivery insurance for GoSend, large-scale goods coverage for GoBox, and delivery insurance for GoKilat.

Underwriting 119

Underwriting Volume Product Automation 119

Fintech Finance

AUGUST 21, 2024

the global leader in Open Banking Payments, is proud to announce the appointment of Adam D’arcy as Chief Product Officer (“CPO”). Before joining Trustly, Adam D’arcy was the CPO of Prodigy Finance, where he led a transformation in product culture and architected a high-performing development team. Trustly, Inc.,

Payments 96

Payments On-Demand Product Finance 96

Fintech Finance

JULY 10, 2024

The RTP network also experienced a record 82 million transactions in the second quarter, valued at a record $55 billion, as financial institution customers continued to use the network for all types of instant payments. RTP Network Records: Second Quarter 2024 Single Day Value: $1.1

RTP 96

RTP Instant Payments Credit Union Volume 96

PYMNTS

NOVEMBER 25, 2020

Amazon sellers say products that normally take one or two days to arrive at customers’ addresses are suddenly taking a week or longer as the holiday shopping season gets going in earnest. The past couple of years, consumers grew accustomed to ordering products as late as Dec. 20 and having them delivered before Christmas.

Volume 106

Volume Consulting Small Business Business Day 106

PYMNTS

NOVEMBER 5, 2020

As the B2B commerce landscape innovates, it is continually after that "Amazon-like" experience forged in the consumer commerce world. While online shoppers can visit digital marketplaces like Amazon and obtain list prices for millions of products, for businesses, the price displayed isn't necessarily the price a buyer is going to pay.

B2B 143

B2B B2C Product Consumer 143

PYMNTS

DECEMBER 15, 2020

GoDaddy has agreed to acquire Poynt , which lets businesses sell and accept payments anywhere through its suite of products, according to a press release. Poynt is used by over 100,000 merchants and has over $16 billion in annual gross merchandising volume (GMV), according to the release.

Technology 135

Technology Digital Payments Payments Small Business 135

The Fintech Times

JUNE 20, 2024

Zilch has secured £100million in debt financing from Deutsche Bank to expand its payment services and accelerate product development. The financing will enable the ad-subsidised payments network to grow its business and accelerate its ability to create and launch new products for a broader base of customers.

Product 59

Product Agreements Finance Payment Networks 59

Fintech News

FEBRUARY 8, 2024

The volume of fintech deal activity in 2023 fell by approximately 70% from its peak in 2021 , closely mirroring the figures from five years earlier. A decline in M&A volume was largely responsible for this downturn, with fewer deals exceeding US$1 billion being announced. Insurtech 2.0

FinTech 110

FinTech Embedded Finance B2B Volume 110

Fintech Finance

NOVEMBER 12, 2024

and 9% respectively, from September, as financial institution customers continued to enjoy the ease and speed provided by instant payments on the network. These new records continue an impressive trend for the RTP network, which previously set numerous payment volume and value records in each quarter this year. billion, up 6.2%

RTP 97

RTP Instant Payments Real Time Payments Payments 97

Fintech News

FEBRUARY 26, 2024

The company also reported a 50% increase in its loan disbursement volume for the year, alongside achieving operational profitability by December 2023. JULO, an Indonesian fintech offering digital peer-to-peer lending, has announced it reached an annual recurring revenue surpassing US$120 million in 2023.

Underwriting 111

Underwriting Risk Management Credit Cards Volume 111

Fintech News

FEBRUARY 8, 2024

The volume of fintech deal activity in 2023 fell by approximately 70% from its peak in 2021 , closely mirroring the figures from five years earlier. A decline in M&A volume was largely responsible for this downturn, with fewer deals exceeding US$1 billion being announced. Insurtech 2.0

FinTech 107

FinTech Embedded Finance B2B Volume 107

Fintech News

AUGUST 29, 2024

These updates were revealed during Stripe Tour Singapore, the company’s annual product showcase in the region. These updates come as Stripe continues to grow its presence in Asia, where the company reported a 28% year-on-year increase in the number of businesses processing US$1 million or more in payment volume on its platform.

Fraud Prevention 114

Fraud Prevention AI Cross-Border Cross-Border Payments 114

PYMNTS

SEPTEMBER 29, 2020

Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead. Developing better financial products for consumers and opening new funding channels for companies will all help the recovery.”. European Union Next To Ease Crypto Adoption. Many more made contactless payments.

Instant Payments 129

Instant Payments B2B Innovation ISO 20022 129

The Fintech Times

NOVEMBER 4, 2024

Fintech foundations According to the World Bank , the gross domestic product (GDP) per capita of Nepal is around $1,100. million users, or almost 63 per cent of the population in mid-July 2022 QR-based payments also experienced a surge, with transaction volume increasing nearly 200 per cent from Rs 7.76

Continuity 59

Continuity FinTech Payment Service Provider (PSP) Mobile Banking 59

The Fintech Times

SEPTEMBER 12, 2024

Many merchants encourage payments with Pix by offering discounts to those who choose it,” explains Sebastian Fantini , product director at EBANX. In both cases, the volume of Pix transactions is catching up to the percentage of credit cards. .

Credit Cards 69

Credit Cards Continuity Instant Payments Central Bank 69

Fintech News

JULY 7, 2024

As Southeast Asia’s digital economy continues to surge, businesses are seeking robust technological solutions to support their growth. Projections suggest that the burgeoning ASEAN digital economy will contribute an additional US$1 trillion to the regional Gross Domestic Product (GDP) over the coming decade.

Database 120

Database Economy On-Demand Innovation 120

Fintech News

SEPTEMBER 17, 2024

According to a recent report by PwC India, retail digital payments have surged 90-fold over the last 12 years, with transaction volumes expanding at an impressive annual rate of 40%, while the value of these transactions increased by 35% each year. India’s digital payment landscape has seen remarkable growth over the past decade.

Digital Payments 107

Digital Payments Credit Cards Payments Online and Mobile Banking 107

Fintech Finance

JULY 23, 2024

The agreement will see ACI continue to provide critical infrastructure to Worldpay to support merchants worldwide. Through ACI’s innovative, market-leading payments software solutions, Worldpay will continue to offer market-leading stability and payments acceptance for its global merchants.

Real Time Payments 98

Real Time Payments Volume CHIPS Process 98

Fintech Finance

JANUARY 7, 2025

BR-DGE , the breakthrough payment orchestration provider, is celebrating a significant transaction volume uplift and spate of new senior hires in 2024 as the company scales rapidly to meet unprecedented demand in 2025 for its pioneering modular services.

Payments 98

Payments Volume Transactions On-Demand 98

The Fintech Times

JANUARY 17, 2024

To kick off 2024, The Fintech Times is exploring how the world of AI may continue to impact the fintech industry and beyond throughout the coming year. Its co-founder and chief product officer, Robert Kozikowski , explains: “In our AI-centric startup, AI is the cornerstone of our operations, not just a transformative element.

AI 128

AI FinTech Underwriting Due Diligence 128

Fintech Finance

JULY 29, 2024

Fifth Third Bank is pleased to announce a collaborative agreement between Newline by Fifth Third, a leading embedded payments provider, and Stripe , a financial infrastructure platform that enables businesses to seamlessly incorporate financial services in their products.

Embedded Payments 97

Embedded Payments Treasury End User Processors 97

The Payments Association

OCTOBER 28, 2024

“This surge in digital payment activity has challenged legacy systems, as payment processors now need to prioritise factors like agility, adaptability, and API-driven functionality to quickly launch new products and meet the evolving needs of both traditional banks and fintech clients.

Process 100

Process Payment APIs and Integration Processors Payments 100

Fintech News

MARCH 3, 2024

Meanwhile, Buret, coming from Stripe where he managed global strategic and product partnerships, will spearhead the company’s initiatives to forge and cultivate growth-driving relationships. Jack Zhang “We kicked off 2024 with continued confidence and a commitment to growing the Airwallex business in the Americas. said Zhang.

On-Demand 103

On-Demand Volume Continuity Economy 103

Fintech Finance

AUGUST 1, 2024

In an evolving competitive context, we have continued our journey of revenue and margin growth, significantly increasing the cash generation, even net of growth investments in the business. Y/Y, supported by volumes despite lower projects than last year during the same period. The Board of Directors of Nexi S.p.A. billion, +3.8%

Volume 98

Volume Non-Bank Returns Correspondent 98

Fintech Finance

SEPTEMBER 5, 2024

The first payment products on which the parties will collaborate are deposits and withdrawals via ACH and RTP. Trustly aims to scale its payment products in collaboration with Fifth Third to meet the growing demand for seamless, reliable payment experiences.

RTP 96

RTP Innovation ACH Embedded Payments 96

Fintech Finance

AUGUST 1, 2024

This positive trajectory, coupled with recent product and market expansion, adds further momentum to Thredd’s leadership in modern payments processing. 2024 continues to build on the robust foundation we established in 2023. Success Story: A Growing Partnership with Zilch BNPL shows no signs of slowing.

BNPL 93

BNPL FinTech B2C Payment Networks 93

Fintech Finance

AUGUST 13, 2024

Trustly , the global leader in open banking payments, is continuing to strengthen its presence in the UK, building its relationships with key partners as payment volumes and the adoption of open banking technology accelerates. The company has gone from strength to strength over the past 12 months.

Continuity 98

Continuity Volume Innovation Technology 98

Fintech Finance

NOVEMBER 12, 2024

The Visa Flexible Credential all started with a simple idea that consumers should easily be able to choose how they want to pay,” said Jack Forestell, Chief Product and Strategy Officer, Visa. We look forward to bringing millions more people a product that seamlessly brings debit and credit together, without late or hidden fees.”

Credential 97

Credential Cross-Border Multi-Currency Online and Mobile Banking 97

Fintech Finance

FEBRUARY 19, 2025

This acquisition continues a bold tradition of introducing transformative capabilities to exceptional customers along with a massive embedded cross-sell opportunity, said Shift4 President Taylor Lauber. This will include the distribution of unified gateway service Alipay+, which connects global merchants with 1.6

Tax Refunds 92

Tax Refunds Acquirers Technology Payments 92

FloQast

NOVEMBER 18, 2024

Our goal was to ramp up product development and enhancement, first and foremost, but also to improve the customer experience, fuel international expansion, and tap into a wealth of knowledge and experience possessed by our new investors (which also included BDT & MSD Partners and WiL (World Innovation Lab).

Compliance 98

Compliance Automation AI Product 98

Fintech News

FEBRUARY 15, 2024

At the same time, the sector is anticipated to witness a massive wave of consolidation as attractive capital continues to lack, forcing many firms to seek outcomes such as acquisition or closure, partners and advisors of venture capital (VC) firm Lightspeed Venture Partners predict.

Innovation 120

Innovation FinTech Cross-Border Payments Cross-Border 120

The Fintech Times

MARCH 26, 2024

Insurtech enables insurers to offer simplified and cost-effective insurance products, making them more accessible to individuals who were previously excluded from traditional insurance markets. “Insurance policies and products can often be complex, high-touch, and very time consuming. .”

Underserved 115

Underserved FinTech Financial Inclusion Risk 115

Fintech Finance

NOVEMBER 11, 2024

Emirates NBD , a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region and Mastercard have partnered to introduce the Emirates NBD Wholesale Travel Solution, an innovative virtual card based B2B payment product now available to travel agencies. billion recorded in 2019.

Visa 98

Visa B2B Cross-Border Payments Cross-Border 98

Fintech Finance

OCTOBER 8, 2024

Moneybox launched in 2016 with GoCardless as its preferred payment method, enabling customers to transfer money into its wide range of savings and investment products.

Settlement 98

Settlement Payments Use Case Volume 98

NFCW

NOVEMBER 20, 2024

In addition, Cilab offers a Shmoo Plot license that goes beyond the specification, for example by defining a proprietary, more stringent operating volume. . “Beyond this option, the ci230 can also perform digital tests at a specific position to check the robustness of the DUT.

Contactless Payments 108

Contactless Payments EMV Interoperability Payments 108

Fintech News

APRIL 1, 2024

To date, the GTLP has supported more than 400 financial institutions in 69 emerging market countries, contributing to over US$53 billion in global trade volume. Sriram Muthukrishnan “As our trade finance exposure to emerging markets continues to grow at pace, we constantly seek innovative ways to support our clients’ evolving requirements.

Addressing 107

Addressing Finance Risk Management Transactions 107

The Fintech Times

APRIL 27, 2024

Internet of Things (IoT) devices continue to increase in popularity across the globe. These requirements include banning universal default passwords, reporting security vulnerabilities and requiring manufacturers to reveal how long they will support each product. This is something that should be available at the point of sale.

API 124

API Cybersecurity Authentication Security 124