Sun.Sep 15, 2024

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Why Real-Time Payments Are the Next Big Thing in Fintech

Finextra

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

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Helicap Secures US$50 Million Credit Facility from Xendit’s Lending Arm

Fintech News

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.

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Pioneering Financial Service Innovations in 2024: A Year of Acceleration

Finextra

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

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Asia Pacific Fuels Wise’s Growth, Becomes Second-Biggest Revenue Generator

Fintech News

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.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

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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Nubank Removes Nucoin Trading Capabilities as it Steps Away From Cryptocurrencies

The Fintech Times

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.

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Sponsor's message: [New Impact Study] Mastering the Transition to ISO 20022: Strategies for Compliance and Automated Testing in Financial Services

Finextra

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.

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Harvard Business School Spotlights DBS Bank’s AI Journey in New Case Study

Fintech News

Harvard Business School (HBS) has released a case study on DBS Bank ’s use of Artificial Intelligence (AI). This study, conducted over eight months, is said to be the first of its kind for an Asian bank and a Singaporean company at HBS. Authored by HBS Professor Feng Zhu, the study examines DBS’ AI strategy and how it has integrated AI into its operations to enhance customer experience and employee productivity.

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Automating rate confirmation processing and data extraction workflows

Nanonets

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.