Sun.Apr 28, 2024

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PCI DSS Compliance For Banks

VISTA InfoSec

In today’s digital era, financial transactions are carried out using cards daily. It is of utmost importance for banks to ensure the safety and security of the cardholders’ data. The Payment Card Industry Data Security Standard (PCI DSS) compliance 4.0 offers essential guidelines and a framework to safeguard cardholders’ data and mitigate any potential data breaches that may occur in banks.

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HSBC and PayPal tackle quantum-safe cryptography in payments

Finextra

HSBC and PayPal are among the founding member of a new working group investigating the adoption of quantum-safe cryptography in the payments industry.

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Bitkub to Pursue IPO in 2025, Targets Expansion in Southeast Asia

Fintech News

Thailand’s crypto exchange Bitkub Capital Group plans to launch an initial public offering (IPO) by the end of 2025, aiming to expand its operations across Southeast Asia, particularly targeting emerging markets like Cambodia, Vietnam, and Laos. According to Nikkei Asia , this move is part of a strategic effort to establish a significant presence in regions currently underserved by major digital asset platforms.

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National Bank of Iraq Integrates Temenos Services to Improve CX and Payments Services

The Fintech Times

The National Bank of Iraq (NBI) has updated its legacy systems onto the same core banking platform as other entities in the Capital Bank Group following an integration with Temenos , the SaaS cloud banking solution. Following the new Temenos implementation, NBI will operate more efficiently and integrate seamlessly with other systems to develop new products faster and deliver an improved customer experience.

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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

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Money20/20 Asia 2024: Event Recap and Main Announcements

Fintech News

Money20/20 Asia made its debut in Bangkok on April 23, 2024, bringing together key players from across Asia’s financial landscape, including banks, payment providers, startups, retailers, fintech companies, and regulators. Over three bustling days of non-stop activities and content sessions, thousands of attendees forged connections, made deals, and drew inspiration from world-class speakers.

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Stripe’s big changes, Brazil’s newest fintech unicorn and the tale of a startup shutdown

TechCrunch Fintech

Welcome to TechCrunch Fintech! This week, we’re looking at Stripe’s big product announcements, a bump in valuation for a Brazilian fintech startup and much more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:00 a.m. PT, subscribe here. The big story Stripe announced that it will […] © 2024 TechCrunch.

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Accelerated Payments and inflverse Tackle Challenges Faced by Underserved Creator Economy

The Fintech Times

Looking to ensure the longevity of the creator economy, Accelerated Payments , the business funding solutions provider, has partnered with inflverse , a global financial management platform for creator agencies. inflverse has been able to develop a proprietary platform using the Accelerated Payments funding solutions to change the way the creator economy is making payments.

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Abnk, Atome, Grab, and SeaMoney Earn Singapore BNPL Compliance Trustmark

Fintech News

Abnk , Atome , Grab , and SeaMoney have been awarded the accredited Trustmark by the Singapore Fintech Association (SFA) and the Buy Now, Pay Later (BNPL) Working Group as of 19 April 2024. This distinction, effective from 1 May 2024, allows consumers to easily recognise these accredited providers, signaling their compliance with the stringent standards set out in the BNPL Code of Conduct.

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Quickbooks Integrations for Better Connectivity and Reporting

The Finance Weekly

Right now, around 26.56 million businesses in the US use QuickBooks Desktop, while 5.3 million opt for QuickBooks Online (QBO). QuickBooks Online, the cloud-based version, really shines for many reasons and is popular with small business owners. It's way easier to use than the desktop one. What really sets it apart for a lot of companies is the ton of integrations available.

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G20 TechSprint 2024 Seeks Solutions for Biodiversity, ESG Data, Sustainable Finance

Fintech News

The Bank for International Settlements (BIS) and the Central Bank of Brazil (BCB) have announced the launch of the fifth G20 TechSprint 2024 initiative. This year’s competition aims to foster innovation in sustainable finance to support the Sustainable Development Goals (SDGs). The G20 TechSprint is a global contest that encourages the development of sustainable technology solutions.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Top 30 Big Banks for Small Business (SMB)

Fintech Labs Insights

Everyone loves a startup ( or a challenger bank in our case ), especially when it’s someone you root for because of their origin story, geographic location, or just plain likeability. However, when it comes to trusting someone with your money, many small business owners prefer to deal with someone they know personally, even if it means they might not get the latest online banking features or the best interest rate.

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Banks Embrace Cloud, AI to Innovate and Tap Partnership Opportunities

Fintech News

The banking industry is shifting towards innovation, collaboration and customer-centricity, driven by the adoption of technologies including cloud computing, data analytics, artificial intelligence and machine learning (AI/ML), changing customer preferences, and a rapidly evolving regulatory landscape, a new report by Amazon Web Services (AWS) says.

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Symcor launches Payee Verify solution

The Paypers

Canada-based Symcor has launched the Payee Verify solution to help minimise Authorised Push Payment (APP) fraud.

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Indonesian Insurance Broker Officially Rebrands Following bolttech Acquisition

Fintech News

Indonesian insurance broker PT Axle Asia has officially changed its name to PT Bolttech Insurance Broker, adopting the bolttech brand. The rebranding will not affect its current services or agreements with partners and customers. This change follows bolttech’s acquisition of a majority stake in the company in late 2022. The rebranding received approval from Indonesia’s Financial Services Authority, Otoritas Jasa Keuangan (OJK).

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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VC Funding to Indian Fintech Companies Drops 57.6% YoY

Fintech News

In Q1 2024, venture capital (VC) funding for fintech companies in India declined substantially, falling by a staggering 57.6% year-over-year (YoY), a new report by private market data platform Tracxn shows. During the quarter, Indian fintech companies secured only US$550.8 million in VC funding, a far cry from the US$1.3 billion raised by the sector during the same period a year prior.

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