Fintech News

SEPTEMBER 15, 2024

Helicap, a Singapore-based fintech platform, has closed its largest credit facility to date, securing US$ 50 million in collaboration with XenCapital, the lending arm of Xendit. Xendit, a fintech company operating across Southeast Asia, has raised US$ 515 million in venture capital funding. This partnership aims to provide capital to businesses in Southeast Asia, where digital lending has been a rapidly growing fintech sector.

Security 116

Security Financial Inclusion Risk Management Assessments 116

Finextra

SEPTEMBER 15, 2024

Real-time payments (RTP) are emerging as a key innovation with the potential to revolutionize how mo.

Real Time Payments 115

Real Time Payments RTP FinTech Payments 115

Fintech News

SEPTEMBER 15, 2024

Wise’s Asia Pacific (APAC) operations have become the company’s second-largest revenue contributor, with a 33.7% year-over-year increase in FY24. The Wise platform currently serves 12.8 million users globally, processing £118.5 billion (S$203 billion) in transactions. In FY24, customers saved £1.8 billion (around S$2.7 billion) in fees. Singapore is a central location for Wise’s APAC operations, with over 500 employees.

APACS 113

APACS Multi-Currency International Payments Transactions 113

Finextra

SEPTEMBER 15, 2024

As we move further into 2024, the pace of innovation in financial services has only accelerated, dr

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Innovation 102

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

Payments

Fintech News

SEPTEMBER 15, 2024

GXS Bank, a digital bank backed by Grab Holdings and Singtel, has launched Boost Pocket. This is a new addition to its GXS Savings Account that offers customers the opportunity to earn higher interest rates on their savings. Launched on 12 September 2024, Boost Pocket combines the benefits of a term deposit with the flexibility of the bank’s existing savings products.

Accounts 106

Accounts FinTech Posting Product 106

The Fintech Times

SEPTEMBER 15, 2024

In March 2023, a digital financial services platform in Latin America (LatAm), Nubank , launched its free, native crypto token, Nucoin. However, a year and a half later, the neobank has announced that buying and selling the crypto asset will no longer be possible on its app. Originally announced in late 2022, Nucoin was created as a loyalty programme for user engagement.

Cryptocurrency 64

Cryptocurrency Credit Cards Bitcoin Origination 64

Finextra

SEPTEMBER 15, 2024

Strategies for Compliance and Automated Testing in Financial Services With a regulatory storm incoming, the need for testing solutions – whether they be generic or tailored – is greater than ever before. As the financial services industry undergoes a vast amount change, particularly around the introduction of new rails on the ISO 20022 framework, these tests are proving vital for inte.

ISO 20022 52

ISO 20022 ISOs Compliance Automation 52

Nanonets

SEPTEMBER 15, 2024

In trucking, speed isn't simply about how fast your fleet goes. It's also about how quickly you can process a rate confirmation so that you can begin planning routes and allocating resources. It ensures you get your drivers on the road faster. However, processing rate confirmations quickly and accurately is often a challenge.  For starters, you often have to juggle multiple systems like transportation management systems (TMS), accounting software, and email.

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Automation Process Disputes AI 52