Mon.May 27, 2024

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How OpenWay’s Way4 Enabled the First CBDC Card Transaction in Eurasia

Fintech News

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. However, a significant shift has occurred with the launch of Eurasia’s first CBDC cards in Kazakhstan, providing 20 million consumers with a new, tangible way to manage CBDC funds. The first CBDC card transaction in Eurasia was successfully made on 15 November 2023.

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Engine SaaS platform could push Starling valuation to £10bn - investor

Finextra

Starling's SaaS platform Engine could generate hundreds of millions of pounds a year for the UK digital bank, propelling it towards a £10 billion valuation, predicts investor Chrysalis.

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Billions Lost to Fraud Despite Efforts, APAC Fintechs Grapple with Rising Threats

Fintech News

Despite tireless efforts from businesses and tech providers, fraudsters persist in siphoning off billions annually. According to the “2024 State of Fraud” whitepaper by Telesign , a customer identity and engagement solutions provider, U.S. fraud victims suffered nearly US$8.8 billion in losses in 2022, with global projections soaring to a potential US$95.9 billion by 2027.

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Money20/20 Europe Puts Spotlight on Humans and Intelligent Machines

The Fintech Times

Money20/20 , one of the world’s biggest fintech shows, returns to Europe thisJune, with the spotlight on the dynamic relationship between humans and intelligent machines. Taking place in Amsterdam from 4 to 6 June, more than 350 speakers will take to the stage with leaders hailing from global banks such as Deutsche Bank and ING; fintech players such as Adyen and Revolut, senior representatives from the European Central Bank and the European Commission, and blockchain solution providers suc

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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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HAVA.id Bolsters B2B Services with bolttech Device Protection Coverage

Fintech News

International insurtech company bolttech has entered into a partnership with Indonesian B2B procurement firm HAVA.id to provide comprehensive device protection solutions for the latter’s business customers. As part of this collaboration, HAVA.id will integrate bolttech’s device protection plans into its procurement consultancy services, covering a range of technology devices including smartphones, tablets, and laptops.

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BBVA partners with OpenAI to enhance generative AI capabilities

The Paypers

BBVA has become the first European bank to form an alliance with OpenAI , aimed at using OpenAI's expertise to enhance the bank's use of generative AI.

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More Trending

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ZainCash Adopts Temenos Technology to Expand Financial Inclusion in Iraq

The Fintech Times

ZainCash Iraq , a payment service provider and subsidiary of March Holding , has implemented Temenos’ core banking and payments platform to drive the growth and innovation of its digital payment services. This move aligns with the strategic goals of the Iraqi government and the central bank to enhance financial inclusion and expedite the digital transformation of the national economy.

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Tiger Brokers Singapore Enables 24-Hour Trading for Over 500 US Stocks and ETFs

Fintech News

Online brokerage Tiger Brokers Singapore has introduced 24-hour trading for over 500 popular US stocks and ETFs, including Tesla, Apple, and Nvidia. This new service allows Singaporean investors to trade on US markets round the clock, five days a week, without any additional fees. The launch follows significant interest from local investors seeking better access to US markets.

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Finance Transformation Guide in Modern Businesses

FloQast

Many businesses today are looking to cut costs and increase profits through a combination of automating repetitive processes and taking advantage of new data analytics opportunities. Finance transformation can help your organization do both. What Is Finance Transformation? IBM defines finance transformation as “the combination of processes, systems, and organizational change across a business, which is implemented through new technologies, training, and analysis.” This financial tran

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Introducing no-code migrations to Stripe Billing

Stripe

Last month we announced a new Billing migration toolkit designed to address your top pain points: engineering resourcing, the risk of disruptive errors, and migration time. Here’s how the migration toolkit addresses each.

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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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Top 10 Salesforce Integrations of 2024

Nanonets

If you’re using Salesforce, then you’re already familiar with its benefits as a cloud-based customer relationship management (CRM) solution. In isolation, Salesforce’s capabilities related to sales and marketing are impressive; it automates sales processes, makes it easy to manage multiple marketing campaigns, provides funnel insights to sales leaders, and so much more.

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Enhanced Quote-to-Cash Efficiency: Leveraging Subscription Ramps for Multi-Year Deals

Chargebee

Multi-year contracts are a no-brainer when it comes to mid-market and enterprise businesses. The most fundamental reason is that it helps acquire customers with a contract value that is higher than average and also increases the predictable revenue. While this is a clear win for subscription businesses, the end customers have to factor in a lot of things before they sign a multi-year contract – like software scalability, vendor reliability, migration and implementation costs, time taken by

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What is D365 Business Central? How is it Different from D365 Finance and Operations?

Nanonets

Businesses of all sizes and types are increasingly looking for a one-stop shop for their ERP needs. Though hundreds of varied tools exist targeting specific business sub-requirements, the ideal remains a single portal through which companies can effectively manage their operations across the value chain. Microsoft, the universally known leader across multiple software segments, is increasingly popular for small businesses and enterprise clients alike – though specific offerings targeting

Finance 52
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Unifying Payment Systems: Embracing ISO 20022 for Global Interoperability

Finextra

In recent years, the world of payments has been undergoing a significant transformation. Historicall.

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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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The Ultimate Guide to Integrations in Microsoft Business Central in 2024

Nanonets

If a chef was asked to cook a 5-star meal with nothing but a butter knife, the meal would turn out a lot different than if the chef had access to all the tools she needed to succeed. An industrial oven, customized knife set, large mixer, state-of-the-art cookware, and an experienced team of staff would make a world of difference for that night’s dining experience, right?

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Dock, Muevy partner with Visa to boost transfers in LATAM

The Paypers

Global card scheme and issuer Visa has recently announced a new strategic partnership with Brazil-based fintechs Dock and Muevy to boost international remittance services via Visa Direct.

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Embracing the AI Revolution: A Holistic Approach to Workforce Transformation

Finextra

In the dynamic landscape of the workplace, the infusion of Artificial Intelligence (AI) is undeniab

AI 64
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SoftBank to invest USD 9 billion annually in AI

The Paypers

SoftBank has revealed its plans to allocate close to USD 9 billion annually to artificial intelligence investments, while reserving resources for potential larger deals.

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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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Sponsor's message: [Webinar] Payments Modernisation: What are Financial Institutions prioritising?

Finextra

What are the most crucial priorities for financial institutions when it comes to payments modernisation?

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Newgen Software partners with Finastra

The Paypers

Global provider of low-code platform Newgen Software has announced its partnership with Finastra in order to expand its market reach and optimise customer experience.

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Green finance is Hong Kong’s golden opportunity to lead Asia’s net-zero mission

Finextra

Few can doubt China’s leadership in advancing green tech and green energy. Solar installations are g.

Finance 52
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WeMoney completes USD 3 million fundraising

The Paypers

Australia-based financial wellness platform WeMoney has announced the completion of a USD 3 million fundraising round, aiming to solidify its presence in the region.

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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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Merchant Account vs Payment Gateway: Essential Guide for Your Business

Paystand

As online transactions become more prevalent, the payment process has become more complex. For finance teams, it's about payment options and partnering with the right online merchant service providers.

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Capital One, Walmart end consumer card partnership

The Paypers

US-based Capital One has signed an end-of-consumer card partnership agreement with Walmart , which made it the exclusive issuer of Walmart Consumer Credit Cards.

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Mastercard and AfDB Launch MADE Alliance to Boost Digital Access in Africa

The Fintech Times

Mastercard and the African Development Bank Group have launched the Mobilising Access to the Digital Economy (MADE) Alliance: Africa , aiming to provide digital access to 100 million people and businesses across Africa within the next decade. The initiative, announced at the US-Africa Business Forum hosted by the US Chamber of Commerce , will initially focus on the agricultural sector and women, starting with a pilot programme to support three million farmers in Kenya, Tanzania, and Nigeria thro

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Raqami Islamic Digital Bank partners with 1LINK

The Paypers

Raqami Islamic Digital Bank has announced its partnership with Pakistan-based 1LINK in order to enable customers to transfer funds in an optimised manner.

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Enhance Customer Value: Unleash Your Data’s Potential

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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CIBC launches digital application for new immigrants

Finextra

CIBC today announced it is the first major financial institution to launch a bundled digital credit card and deposit account application for those new to Canada, making it faster and more convenient for these clients to make key banking decisions sooner.

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Revolut introduces savings accounts with variable rates

The Paypers

Revolut , the online banking platform, has introduced new instant access savings accounts featuring variable Annual Equivalent Rates (AER) of up to 3.49%.

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Canadian securities regulators announce move to T+1 settlement cycle

Finextra

The Canadian Securities Administrators (CSA) today announced that rule amendments supporting the move to a shorter settlement cycle for equity and long-term debt market trades came into force in Canada.

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Bluefin completes Elavon Certification for SUNMI Payment Terminal

The Paypers

Bluefin has announced the completion of the Elavon Certification for SUNMI Payment Terminal, aiming to optimise the payment experience for customers.

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Top Strategies to Future-Proof & Sustain Your Merchant Services Portfolio

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.