Sun.May 26, 2024

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Banks Must Prepare for a Changing Open Banking and Payments Landscape as TPPs Travel Abroad

The Fintech Times

A key part of open banking is regulated third-party providers (TPP). They act as intermediaries between the bank and the customer. Open banking’s growth has got to a point now that more TPPs are able to offer their services outside of their domestic markets. Konsentus , the open finance ecosystem creator and manager, has revealed which countries are leading the way when it comes to exploring new open banking markets.

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Former Stripe Exec Gang Wang Named Nuvei’s New CTO

Fintech News

Canadian payments firm Nuvei Corporation announced that it has appointed Gang Wang as its new Chief Technology Officer (CTO). Reporting to Chair and CEO Philip Fayer, Wang will lead Nuvei’s global technology team alongside former CTO Max Attias, who now serves as Chief Information Officer (CIO). Wang brings over 25 years of experience in the payments and software sectors, having held senior technology roles at Intuit and Stripe.

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What Would it Take to Get Users Onside With CBDCs for Everyday Use?

The Fintech Times

In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. This May, The Fintech Times is looking to showcase some of these new methods and explore how the digital asset ecosystem is evolving.

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JP Morgan to pay $100m for client order monitoring failures

Finextra

JP Morgan will pay $100 million to settle a CFTC probe that concluded the bank failed to properly monitor billions of client orders between 2014 and 2021.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Alibaba Cloud Partners with Global Educational Institutes to Foster AI Talent

The Fintech Times

Alibaba Cloud , the digital backbone of Alibaba Group , has unveiled plans to launch its first cloud region in Mexico, alongside new data centres in Malaysia, the Philippines, Thailand and South Korea over the next three years. This expansion aims to enhance its cloud and AI product suite, foster global partnerships, and develop AI talent. At the Alibaba Cloud Global Summit in Paris, Selina Yuan , president of international business at Alibaba Cloud Intelligence, addressed the growing demand for

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Emirates NBD Selects Pine Labs Credit+ Platform to Enhance Payment Solutions for Corporate Clients

The Fintech Times

Emirates NBD , the banking group for the Middle East, North Africa and Turkey (MENAT), is joining forces with Pine Labs , a merchant commerce omnichannel platform, to provide the latest payment solutions to companies across the region. Emirates NBD will leverage the Pine Labs Credit+ platform, to deliver cutting-edge merchant-acquiring processing solutions for its corporate and institutional clients, initially in the UAE and then across the Kingdom of Saudi Arabia and Egypt.

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FlightHub joins forces with Affirm

The Paypers

Canada-based online travel agency FlightHub has announced its collaboration with Affirm , aiming to provide transparent and flexible payment options to travellers.