Mon.Nov 04, 2024

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Fiserv, Capital One, others invest $150M in Melio

Payments Dive

Some of the corporate investors are also partnering with the accounts payable and receivable company they’re backing.

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UBS Asset Management launches fund on ethereum blockchain

Finextra

UBS Asset Management has launched a tokenized money market investment fund built on ethereum distributed ledger technology.

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Legacy Systems: Are Payment Methods Stuck in the Past?

Payments Next

By AW de Vries, Co-founder & CEO, Silverflow Despite handling countless transactions daily, the payments industry operates on a foundation of outdated The post Legacy Systems: Are Payment Methods Stuck in the Past? first appeared on Payments NEXT.

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CFPB fines VyStar Credit Union $1.5 million for bungled online banking roll out

Finextra

The Consumer Financial Protection Bureau has levied a $1.5 million fine on VyStar Credit Union for a botched system switch that left customers in the lurch, unable to access their money and accounts.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

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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Swift, UBS, and Chainlink Advance Tokenised Fund Settlement Under Project Guardian

Fintech News

Global financial messaging network Swift , UBS Asset Management, and Chainlink have successfully demonstrated a new method for settling tokenised fund transactions in a recent pilot program. This was conducted as part of the Monetary Authority of Singapore’s (MAS) Project Guardian , a global initiative involving industry leaders and policymakers to enhance liquidity and market efficiency through asset tokenisation.

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Wise Granted Direct Access to Philippines’ Instant Payments Infrastructure, Gets Settlement Account With BSP

Fintech Finance

Wise, the global technology company building the best way to move and manage the world’s money has been granted direct access to InstaPay, the Philippines’ real-time payment system, and can also directly settle with the Bangko Sentral ng Pilipinas’ (BSP) real-time gross payment system, PhilPaSS Plus. Wise has spent the last 14 years building an alternative to traditional correspondent banking.

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Broadridge appoints David Fellah as VP of AI trading solutions

Finextra

Global Fintech leader, Broadridge Financial Solutions, Inc., (NYSE: BR), today announced the appointment of David Fellah as Vice President of AI Trading Solutions at Broadridge, effective October 16, 2024.

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Standard Chartered Taps Wise for Faster, Cheaper International Payments

Fintech News

Standard Chartered announced a new partnership with Wise Platform to improve speed and lower costs for its international payments service, SC Remit. This collaboration will initially benefit customers in Asia and the Middle East, allowing them to send money in 21 currencies, including USD, EUR, and GBP, with transparent pricing at the mid-market exchange rate.

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Walletto joins forces with Fintech Poland to empower polish fintechs for global expansion

Finextra

Walletto, a leading Lithuanian fintech company specializing in innovative payment solutions, is exci.

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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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Razer Gold Gets In-Principle Nod for Payment License in Singapore

Fintech News

Razer Gold has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution license. This development marks a major step for the gaming-focused virtual credit platform as it prepares to expand its payment services in Singapore. This approval positions Razer Gold to offer regulated payment services, including account issuance, domestic and cross-border money transfers, merchant acquisition, and e-money issuance.

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SBI bids to drive commercial applications of tokenised securities

Finextra

Japanese financial conglomerate SBI is building a commercial framework for cross-border distribution of tokenised securities with pilots in fixed income and asset and weath management.

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Episode Six and dash.fi launch net 60 charge card for brands and startups

The Payments Association

dash.fi – a financial technology company that serves brands with large digital ad spends, announced the launch of its daily net 60 term charge card offering through a partnership with Episode Six (E6), a global provider of ledger and cards infrastructure. Through this partnership, brands that use dash.fi’s daily net 60-term charge card can easily manage their working capital, keeping more money in the bank. dash.fi offers a commercial charge card for digital ad spend that features high daily li

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Paytronix acquired by Access Group

Payments Dive

The deal will expand the offerings available through Paytronix’s platform and help accelerate its growth, executives said.

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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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FinMont Announces Strategic Partnership with Leading African Payment Processing Provider, iPay

Fintech Finance

FinMont , a global payment orchestration platform, today announced a strategic partnership with iPay , a leading African payment processing and billing service provider. This collaboration aims to enhance FinMont’s payment ecosystem by integrating iPay’s innovative payment services, offering more flexibility and improved processing capabilities for FinMont’s global network of travel industry merchants.

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Monetary Authority of Singapore Unveils Plans to Enable Industry-Wide Adoption of Tokenisation

The Fintech Times

The Monetary Authority of Singapore (MAS) has unveiled four new plans to help advance tokenisation in financial services in the region. Under Project Guardian, an international collaboration of industry and regulators that explores the use of fund and asset tokenisation, the Monetary Authority of Singapore has conducted over 15 industry trials in six currencies across multiple financial products.

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Intesa Sanpaolo and Visa Renew Strategic Partnership

Fintech Finance

Intesa Sanpaolo and Visa have renewed their multi-year strategic partnership agreement, to accelerate the digital transition and encourage the growth of digital payments. The expanded partnership will see the continuation of existing projects, as well as the introduction of new, innovative products and services for Intesa customers. The Bank’s enterprise customers will be able to access additional solutions from Visa’s value-added services portfolio, such as Visa Business Solutions, an evolved r

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Amazon’s ‘Pay It Forward’ Report Sheds Light on Digital Payment Gaps in Singapore

Fintech News

Amazon has introduced its Pay It Forward report and campaign aimed at closing the remaining gaps in digital payment inclusivity in Singapore. This effort comes as part of Amazon ’s contribution to national initiatives aimed at bridging digital divides, such as the Infocomm Media Development Authority’s (IMDA) Digital Skills for Life framework and the broader Digital for Life movement.

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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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US regulators must take reins on fintech oversight - bank associations

Finextra

US financial services regulators should take the reins on fintech oversight and stop expecting banks to independently police the sector, say the Bank Policy Institute and the Clearing House Association.

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KakaoBank partners with SCBX to open an internet bank in Thailand

The Paypers

South Korea-based KakaoBank has announced its partnership with SCBX in order to open an internet bank for clients and users in the region of Thailand.

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Stablecoins face obstacles to widespread adoption

Payments Dive

The digital currencies could simplify cross-border payments, but consumers are wary of using them, payments and fintech executives say.

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Former Payoneer CEO Scott Galit Joins Faye’s Team of Advisors

Fintech Finance

Today Faye , the highest-rated travel protection platform for Americans, is announcing that former Payoneer (PAYO) CEO Scott Galit has joined the company’s advisory board. Galit is in good company, adding to an already impressive roster that includes former VP of Sales at AIG Travel Guard, Rick Ensign and Mike Nelson, former CEO of Global Travel Insurance at Allianz (also a Faye investor).

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7 Essential Criteria for Choosing the Right Payments Partner

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.

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Capital C Raises Funding to Launch Superapp, Expand in Southeast Asia

Fintech News

Capital C Corporation, a Singapore-based fintech, has secured a seven-figure investment in a pre-Series A funding round. The sum was not disclosed. The funding was led by Phillip Private Equity and Azure Capital, with participation from several unnamed high-net-worth individuals. Capital C plans to use the funds to expand its operations into new Southeast Asian markets and develop a superapp that will provide a range of financial services to underserved communities, including the unbanked and th

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BBVA to train top executives in GenAI

Finextra

BBVA is creating a training programme to give its top executives a grounding in the use of GenAI to improve productivity.

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HitPay launches single switch for secure and fast cross-border payments

The Paypers

HitPay has launched a single switch for secure and fast cross-border payments, aiming to provide access to 10 global real-time payment schemes.

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My Thoughts on the Dopamine Rush of Money20/20

Finovate

74 hours, 52,012 steps, 6 cups of coffee, 8 selfies, and one unforgettable experience. I am, of course, talking about Money20/20, the mega fintech and banking event that has been taking place in Las Vegas since 2012. With over 10,000 attendees and 300+ vendors, this year’s U.S. event was just as brilliant as in years past. Themes Money20/20 is a choose your own adventure type of show, with six stages and two podcast recording studios that each host a range of rotating content throughout th

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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

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Bitget unveils Bitget Pay for instant crypto transactions

The Paypers

Cryptocurrency exchange Bitget has launched Bitget Pay, a new contactless, peer-to-peer payment service exclusive to the Bitget App.

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Can Nepal Continue Building Fintech Foundations to Support Economic Development and Growth?

The Fintech Times

The landlocked Southeast Asian country of Nepal is one of the least developed countries in the world, and relies on importation for a number of crucial resources. How can fintech support its evolution and growth? Nepal’s economy is very much reliant on agriculture. In fact, agriculture accounts for over half of the country’s export earnings.

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Broadridge Financial Solutions introduces ClearFi system

The Paypers

Broadridge Financial Solutions has launched ClearFi, a digital asset disclosure platform designed to assist financial intermediaries in meeting regulatory requirements.

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