Sun.Dec 01, 2024

article thumbnail

ADB, Mastercard to Bridge US$2.5 Trillion MSME Financing Gap in Asia

Fintech News

The Asian Development Bank (ADB) and the Mastercard Impact Fund have forged a new partnership to tackle the pressing financing challenges faced by MSMEs in Asia and the Pacific. This collaboration, facilitated by the Mastercard Center for Inclusive Growth, will initially focus on seven countries in the region – Georgia, India, Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam.

Visa 110
article thumbnail

Plazo Improves Rewards Programme Following Partnership With Woowbe

The Fintech Times

The financial wellness app developed by Spanish fintech company ID Finance , Plazo has completed its next step in providing value to its users by rewarding them for using the Plazo Mastercard. This has been made possible following a partnership with loyalty platform, Woowbe. Plazo customers can enjoy cashback, products and additional benefits across nearly 200 retailers.

article thumbnail

Singapore Hit by Surge in Govt Impersonation Scams, Losses Reach S$120 Million

Fintech News

Singapore authorities have reported a sharp rise in government official impersonation scams, with the number of cases and losses nearly doubling compared to the previous year. The Singapore Police Force (SPF) and Monetary Authority of Singapore (MAS) revealed that over 1,100 cases were reported between January and October 2024, leading to losses of at least S$120 million.

Scams 89
article thumbnail

HSBC Bolsters Cross-Border Payment Capabilities in Partnership With Dandelion

The Fintech Times

In a move to make cross-border transfers more accessible and seamless for customers, HSBC Singapore has been working alongside money movement solutions provider, Dandelion. Following its collaboration with Dandelion, HSBC now offers fee-free transfers to over 100 destinations in more than 60 currencies, providing a seamless, real-time payment experience that bypasses the traditional correspondent banking model.

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

1982 Ventures Names James Kim as Operating Partner to Bolster Portfolio Support

Fintech News

Venture capital firm 1982 Ventures has appointed James Kim as its Operating Partner. Based in Singapore, Kim brings over two decades of experience in digital transformation, strategy, and operations to support the firm’s portfolio companies. He will advise on go-to-market strategies, scaling operations, and forging key partnerships to help these companies enhance digital experiences, expand their user base, and achieve business growth.

article thumbnail

China Resources and HKSTP Launch Initiative, Helping Startups Succeed in International Markets

The Fintech Times

China Resources and the Hong Kong Science and Technology Parks Corporation (HKSTP) have co-launched the ‘Beyond Dreams’ initiative, aiming to support high-potential startups in the Hong Kong Science Park. Supported by a donation of HK$100million from the CR Charitable Foundation to support innovation and technology (I&T) talent, China Resources and HKSTP have launched the ‘China Booster’ project.

More Trending

article thumbnail

Savings and mortgage platform Tembo raises £14m

Finextra

London-based digital savings and mortgage platform Tembo has raised £14 million in a Series B funding round led by Goodwater Capital.

64
article thumbnail

News & Views | Episode 177: Eligibiles New Conversations & Future of Digital Economy

The Fintech Times

On this week’s episode of News & Views, The Fintech Times Podcast team speak about Eligible launching ‘Conversations’, a new product helping mortgage lenders engage borrowers and ensure they are making informed decisions & where the future of the digital economy may be heading as Checkout.com reveals early Generation Alpha spending habits.

Economy 52
article thumbnail

MUFG to buy robo-advisor for $664m

Finextra

Mitsubishi UFJ Financial Group (MUFG) says it will pay $664 million to take 100% ownership of robo-advisor WealthNavi.

article thumbnail

What is Account Reconciliation?

The Finance Weekly

Let’s talk about something every business owner and accountant deals with— account reconciliation. Sure, it may not be the most glamorous part of finance, but it’s undeniably one of the most important. It’s what keeps your books accurate, ensures you catch errors (or even fraud), and gives you the confidence to make financial decisions based on solid data.

article thumbnail

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?

article thumbnail

The Future of AI: Combating Bias and Ensuring Accuracy with Small Language Models

Finextra

Artificial intelligence (AI) has been rapidly evolving, with large language models (LLMs) like GPT-

AI 64
article thumbnail

Brighty secures USD 10 million in funding from Futurecraft Ventures

The Paypers

Switzerland-based digital finance platform Brighty has announced that it received USD 10 million in a funding round from Futurecraft Ventures.