Sun.May 26, 2024

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

CBDC 98
article thumbnail

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.

72
article thumbnail

From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

article thumbnail

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

AI 62
article thumbnail

ZainCash partners with Temenos

The Paypers

Iraq-based ZainCash has announced its partnership with Temenos in order to go live with the latter’s core banking and scale digital payment services.

article thumbnail

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.