Fintech News

SEPTEMBER 22, 2024

Financial institutions around the world are facing a surge in fraud and cyberattacks. A new report by LexisNexis Risk Solutions explores the state of digital fraud, revealing a 17% increase in digital fraud attacks within the financial services sector in 2023. According to the report, human-initiated attacks in financial services rose to 1.2% last year, up 8% year-over-year (YoY).

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Accounts Scams Bots Account Takeovers 142

The Fintech Times

SEPTEMBER 22, 2024

Payments giant Mastercard has partnered with Kenyan mobile network operator Safaricom , to accelerate the adoption of payment acceptance and cross-border remittance services across Kenya. Through the Mastercard and Safaricom partnership, the two entities hope to benefit the 636,000 merchants in Kenya using M-PESA, Safaricom’s mobile money service and the preferred way to make a payment across Africa.

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Visa Cross-Border Payment Solutions Economy 109

Fintech News

SEPTEMBER 22, 2024

Indonesia’s GoTo Group has partnered with Chinese multinational tech conglomerate Tencent to enhance its cloud infrastructure and digital services. Under the five-year agreement, Tencent Cloud will provide GoTo with a range of cloud solutions and Platform as a Service (PaaS) offerings, aimed at strengthening GoTo’s enterprise and consumer-focused services.

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Agreements Compliance Regulations Technology 119

Finextra

SEPTEMBER 22, 2024

PayPal has used its own stablecoin to make an additional investment in blockchain risk management specialist Chaos Labs.

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Risk Management Stablecoins PayPal Blockchain 124

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

Payments

Clearly Payments

SEPTEMBER 22, 2024

If you’re a merchant, getting on the MATCH list can feel like hitting a brick wall when it comes to processing payments. In this article, we’ll break down what the MATCH list is, why it matters, and what you can do if you find yourself on it. What Is the MATCH List? The MATCH (Member Alert to Control High-risk) list is a tool used by acquiring banks and payment processors to manage risk.

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PCI DSS Processors Credit Cards Non-Bank 73

The Fintech Times

SEPTEMBER 22, 2024

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. Cambodia, a Southeast Asian nation with a complex history, has undergone significant transformation. Despite the country’s dark chapters, such as the Khmer Rouge genocide that claimed nearly a quarter of the population, Cambodia has worked towards recovery and development.

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Financial Inclusion FinTech Central Bank Online and Mobile Banking 68

The Fintech Times

SEPTEMBER 22, 2024

The Fintech Times’ Mark Walker recently caught up with Michael Clark, VP global head of digital transformation and futurist at Mastercard Data & Services to discuss data and its relationship with artificial intelligence (AI). Clark reflected on the oft-quoted analogy of ‘data as the new oil’, noting that the original intent behind this comparison was to highlight the need for data refinement to unlock its true value, rather than simply viewing it as a raw material.

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Visa AI Interoperability Addressing 58

Finextra

SEPTEMBER 22, 2024

[Webinar] Preventing disaster: How banks can address operational resilience to prepare for global outages

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Addressing 52

The Fintech Times

SEPTEMBER 22, 2024

One hundred and fifty heads of innovation at UK retail and business banks were asked about some of their biggest ongoing struggles to understand customer needs in a new report by SaaScada. There seems to be a divide in what consumers want vs want banking providers think they want. Data-driven core banking engine, SaaScada reveals in its Boosting Net Interest Margins: Why Banks Must Not Wait To Innovate report, that 76 per cent of banking innovation heads said it was important or critical to inc

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Product Innovation Consumer On-Demand 58

The Paypers

SEPTEMBER 22, 2024

Financial software solutions provider NeoXam has announced that it signed an agreement in a bid to acquire EZOPS , with the move focusing on optimising the firm’s financial technology offering.

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Acquirers Agreements Technology 36

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