Payments Dive

NOVEMBER 4, 2024

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

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Accounts 158

Fintech News

NOVEMBER 4, 2024

Payment giant Mastercard has unveiled “Pay Local,” a new service that allows travelers to use their existing credit or debit cards within popular Asian digital wallets. Announced ahead of the Singapore Fintech Festival , Pay Local allows consumers to link their Mastercard credit or debit cards to local digital wallets. This will facilitate easy and seamless payments at over 35 million participating merchants across Asia Pacific.

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Visa Debit Card Card Issuer Issuers 124

Finextra

NOVEMBER 4, 2024

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.

Credit Union 111

Credit Union CFPB Accounts Consumer 111

Bank Automation

NOVEMBER 4, 2024

Alliant Credit Union is looking to create value for its customers by offering digital solutions that traditional banks don’t offer. The $20 billion digital-only financial institution is on track to deliver more than $500 million in savings this year to its members than if they were banking at a traditional financial institution, Sumeet Grover, […] The post Alliant Credit Union saves customers $500M in 2024 appeared first on Bank Automation News.

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Credit Union Automation Posting Mobile Banking 110

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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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The Payments Association

NOVEMBER 4, 2024

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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Card Issuer Underwriting Processors Issuers 88

Payments Next

NOVEMBER 4, 2024

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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Finextra

NOVEMBER 4, 2024

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.

AI 98

AI FinTech 98

Fintech News

NOVEMBER 4, 2024

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.

Cross-Border 110

Cross-Border Payments Payments Institute On-Demand 110

Fintech Finance

NOVEMBER 4, 2024

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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Financial Inclusion Value Added Service Agreements Digital Payments 91

Fintech News

NOVEMBER 4, 2024

UOB FinLab, the innovation accelerator of United Overseas Bank , has awarded over S$100,000 in funding to GreenTech firms. This funding will support 15 pilot sustainability solutions with UOB and its corporate partners across Southeast Asia. The initiative was announced at the GreenTech Accelerator 2024 Showcase Day, part of the Singapore Fintech Festival.

Innovation 107

Innovation Participant FinTech Addressing 107

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

Best Practices

Finextra

NOVEMBER 4, 2024

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.

Cross-Border 91

Cross-Border Security 91

Fintech News

NOVEMBER 4, 2024

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.

SWIFT 101

SWIFT Settlement Blockchain Facilitators 101

Fintech Finance

NOVEMBER 4, 2024

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.

Process 89

Process B2C Payments Instant Payments 89

Fintech News

NOVEMBER 4, 2024

The Singapore Fintech Festival (SFF) 2024 will host the inaugural INSPire Forum, an event designed to strengthen the business and economic partnership between India and Singapore. Organised by IIM Alumni Singapore in partnership with Elevandi , the non-profit arm of the Monetary Authority of Singapore (MAS), the forum will be the first “event-in-an-event” of its kind.

Cross-Border 100

Cross-Border AI Authorization Economy 100

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.

Payments

Clearly Payments

NOVEMBER 4, 2024

Zelle is a fast, convenient way for people in the United States to send and receive money almost instantly, known as a real-time payment service (a category of payment methods). It is considered a Launched in 2017 by Early Warning Services (a company owned by major banks), Zelle has become one of the most popular ways to send money between friends, family, and small businesses in the U.S.

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Zelle Real Time Payments Credit Union Payments 87

Fintech News

NOVEMBER 4, 2024

Funding Societies, Southeast Asian digital financing platform for small businesses, has secured its third credit facility from HSBC. This latest agreement brings HSBC’s total commitment to Funding Societies to over US$100 million since their partnership began in 2022. The funding is part of HSBC’s ASEAN Growth Fund, an initiative aimed at supporting the growth of digital platforms like Funding Societies that serve Southeast Asian e-commerce businesses.

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Underserved Financial Inclusion Small Business Blocks 96

Payments Dive

NOVEMBER 4, 2024

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

Acquirers 88

Acquirers 88

Fintech News

NOVEMBER 4, 2024

Singapore’s Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, outlined plans to strengthen the capabilities of the insurance and reinsurance sector, highlighting AI as one of the key areas for development. Gan Kim Yong Speaking at the 20th Singapore International Reinsurance Conference, Gan noted that adopting AI could improve productivity and customer service.

AI 88

AI Underwriting Risk Authorization 88

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.

Continuity

Fintech Finance

NOVEMBER 4, 2024

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.

Instant Payments 78

Instant Payments Settlement Accounts Cross-Border Payments 78

Finextra

NOVEMBER 4, 2024

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.

Regulations 78

Regulations FinTech 78

Payments Dive

NOVEMBER 4, 2024

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

Cross-Border Payments 78

Cross-Border Payments Stablecoins Cross-Border Digital Currency 78

Finextra

NOVEMBER 4, 2024

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

FinTech 98

FinTech Payment Solutions Innovation Payments 98

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The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Fintech News

NOVEMBER 4, 2024

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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Underserved BNPL Credit Cards Participant 73

Fintech Finance

NOVEMBER 4, 2024

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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Advisors FinTech Finance Continuity 68

Fintech News

NOVEMBER 4, 2024

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.

Digital Payments 70

Digital Payments Financial Inclusion Best Practices Payments 70

Finovate

NOVEMBER 4, 2024

It’s going to be hard to avoid the avalanche of news coverage of the U.S. Presidential election this week. But if you’re looking for a respite from the political headlines, Finovate’s Fintech Rundown is here for you! Be sure to check back all week long for the latest in fintech news. Open banking Financial API platform Salt Edge partners with Central Bank of Bahrain to enhance corporate banking with open banking.

FinTech 64

FinTech Fraud Prevention Verification Cryptocurrency 64

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Build a sustainable merchant services portfolio with practical strategies to ensure long-term success. Diversify across industries to spread risk and stabilize income, balancing high-risk and low-risk clients for a robust mix. Combine large and small merchants to create a resilient payment portfolio, leveraging each type's strengths. Foster long-term relationships through exceptional service and personalized support.

Payments

The Fintech Times

NOVEMBER 4, 2024

Demand for artificial intelligence (AI) expertise is quickly growing, but the number of skilled professionals is not currently high enough, according to technology giant SAP. As AI application usage quickly increases across business areas, many UAE companies are looking to move quickly to leverage the technology’s benefits. However, 43 per cent of IT decision-makers identified a lack of skilled employees as a key challenge to implementing AI, according to a recent SAP survey.

AI 64

AI On-Demand Participant Professional Development 64

Finextra

NOVEMBER 4, 2024

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

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Blockchain Technology 80

The Fintech Times

NOVEMBER 4, 2024

MEX Global , a subsidiary of MultiBank Group , the global financial derivatives institution headquartered in Dubai, has launched cash payment services to enable UAE-based clients to easily deposit and withdraw funds. Through a partnership with Al Ansari Exchange , a personal remittance and foreign exchange company in the UAE, MEX Global is enabling its clients to deposit and withdraw funds through Al Ansari Exchange’s extensive branch network.

Agreements 59

Agreements Facilitators Volume Authorization 59

Finextra

NOVEMBER 4, 2024

Join Finextra at our inaugural London event at the end of November to redefine the role of AI in financial services and explore the impact of generative AI.

AI 64

AI 64

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In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

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