Fintech News

NOVEMBER 11, 2024

The Deutsche Bundesbank has become a member of Project Guardian , a global initiative led by the Monetary Authority of Singapore (MAS) that explores the use of asset tokenisation in financial markets. As the German member of the Eurosystem and the monetary authority for Germany from 1957 to 1998, the Bundesbank brings its expertise to the project. Launched in May 2022, Project Guardian brings together policymakers and key financial industry players to improve market liquidity and efficiency thro

Central Bank 120

Central Bank Distributed Ledger Technology (DLT) Interoperability Cross-Border 120

The Payments Association

NOVEMBER 11, 2024

Open banking, the initiative allowing third-party providers (TPPs) access to customer financial data with explicit consent, promised a revolution in the financial landscape. Initially lauded as a catalyst for innovation and consumer empowerment, its European rollout, while making significant progress, has fallen short of initial expectations. This article delves into the goals, challenges, and future of open banking, focusing specifically on the profitability concerns hindering widespread adopti

Payment APIs and Integration 88

Payment APIs and Integration API Privacy Regulations 88

Fintech News

NOVEMBER 11, 2024

The National Bank of Cambodia (NBC) has launched the Bakong Tourists app in collaboration with Mastercard at a ceremony in Phnom Penh. The app simplifies digital payments for international tourists visiting Cambodia. Tourists can download the app upon arrival and seamlessly top up their Bakong accounts using their Mastercard issued in their home countries.

Visa 114

Visa Payments Economy Government 114

The Payments Association

NOVEMBER 11, 2024

Paytently , a leading fintech firm known for its innovative payment orchestration platform, is thrilled to announce the appointment of Paul Marcantonio as General Manager. With over 20 years of experience in regulated payments and the interactive entertainment industry, Paul brings extensive knowledge and expertise that will further strengthen Paytently’s position in the global payments landscape.

Regulations 88

Regulations Acquirers Global Payments Digital Payments 88

Advertisement

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?

Use Case

Fintech News

NOVEMBER 11, 2024

Australian-born fintech unicorn Airwallex has launched Airwallex Impact, a global social impact programme underpinned by a 1% equity pledge, currently valued at over US$56 million. This commitment ensures a sustainable source of funding as its value grows with the company, aligning Airwallex with the Pledge 1% movement. The company joins the likes of Atlassian, Canva, Salesforce, Airbnb, Okta, and Reddit in dedicating resources to social causes with the Pledge 1% movement , Airwallex Impact wil

FinTech 108

FinTech AI Innovation Posting 108

Finextra

NOVEMBER 11, 2024

Travelex, a market leading foreign exchange brand, has launched a major refresh of its international ATM estate, replacing the hardware and software of its entire portfolio of 600 ATMs across eight countries.

ATM 105

ATM 105

Fintech Finance

NOVEMBER 11, 2024

Singapore-based mixed reality and AI company, BuzzAR , welcomes Romeo Sun as their new Co-Founder and Payment Head and launches BuzzPay on 11 November. Romeo comes with operator experience as Ex Alibaba, Ex Lazada and Ex Stripe, leading the growth strategies for these companies and will be a strong addition to the original duo, Bell Beh and Ken Lim, forming a strong team to skyrocket the hyper growth in the intersection of AI, tourism and cross border fintech.

AI 95

AI Facilitators FinTech Transactions 95

The Fintech Times

NOVEMBER 11, 2024

Two-thirds of businesses across Europe believe that legacy banks are too slow to meet their financial needs, according to a new survey conducted by global financial app Revolut Business and market research firm Dynata. The survey also found that nearly 80 per cent of businesses have faced issues with high fees, slow transactions and poor mobile experiences from traditional banks.

FinTech 90

FinTech Online and Mobile Banking Multi-Currency Fed 90

Fintech Finance

NOVEMBER 11, 2024

Global branded payments provider, Blackhawk Network (BHN) has partnered with Visa Inc. and Mastercard to bring the speed, convenience and security of an eGift into physical retail stores with the launch of Visa® eGift and Mastercard® eGift. The patented, tamper-evident gift carrier does not have a card inside. Rather, once the eGift is activated at purchase, consumers use a mobile device to scan the QR code inside the carrier to load the funds directly to their digital wallet for immediate use i

Visa 85

Visa Product Consumer Security 85

Payments Dive

NOVEMBER 11, 2024

Industry collaboration on open banking is likely to move forward, with or without the CFPB’s recent final 1033 rule, one Jack Henry executive said.

CFPB 78

CFPB Rules 78

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

Fintech News

NOVEMBER 11, 2024

The Bank for International Settlements ( BIS ) has announced the appointment of Pablo Hernández de Cos as its next General Manager. His five-year term will begin on 1 July 2025, succeeding Agustín Carstens, whose tenure concludes in June 2025. Hernández de Cos brings extensive experience in central banking and international finance. He served as Governor of the Bank of Spain from 2018 to June 2024, during which he was a member of the European Central Bank’s Governing Council and chaired the Base

Central Bank 84

Central Bank Non-Bank Settlement Innovation 84

Finextra

NOVEMBER 11, 2024

The fastest growing scams of 2024 have been uncovered in a new study by NatWest which reveals 42% of British adults have been targeted by a scam in the last 12 months.

Scams 85

Scams 85

Fintech News

NOVEMBER 11, 2024

The Monetary Authority of Singapore (MAS) announced new initiatives aimed at bolstering financial cooperation with China. These initiatives focus on green finance and capital markets, further solidifying the strong ties between the two nations. One of the key initiatives is the expansion of the Common Ground Taxonomy (CGT) to include the Singapore-Asia Taxonomy by the end of 2024.

Finance 84

Finance Cross-Border Facilitators Authorization 84

Payments Dive

NOVEMBER 11, 2024

Savvy SaaS platforms increasingly seek growth not through user acquisition alone, but through service expansion and lifting average revenue per user.

Embedded Finance 78

Embedded Finance Finance Payments 78

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

Finextra

NOVEMBER 11, 2024

The Reserve Bank of Australia is calling on industry players to take part in the experimental research phase of a project exploring the development of a wholesale CBDC and tokenised bank deposits.

CBDC 81

CBDC Participant Research 81

Fintech Finance

NOVEMBER 11, 2024

Emirates NBD , a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region and Mastercard have partnered to introduce the Emirates NBD Wholesale Travel Solution, an innovative virtual card based B2B payment product now available to travel agencies. This new collaboration marks the continuation of a long-standing strategic partnership between the two companies and aims to digitize and optimize payment flows between travel agencies and the various suppliers associated with

Visa 81

Visa B2B Cross-Border Payments Cross-Border 81

Finextra

NOVEMBER 11, 2024

On-chain privacy and advancements in identity management will be crucial to unlocking the potential of blockchain technology and asset tokenisation in financial markets, according to a JP Morgan white paper.

Privacy 80

Privacy Blockchain Technology 80

Fintech News

NOVEMBER 11, 2024

Grab Holdings reported significant growth in its financial services and digital banking segments for the third quarter of 2024, driven by an expansion in lending and deposit services. Revenue from financial services rose 34% year-over-year (YoY) to US$64 million, or 38% on a constant currency basis. The growth was attributed to GrabFin’s expanding lending operations, new contributions from its digital bank, and optimisation of payment incentives.

Adjustments 77

Adjustments Continuity FinTech Posting 77

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

Payments Dive

NOVEMBER 11, 2024

The acquisitive payments company could be a good fit with the Canadian point-of-sale technology provider, analysts said Monday.

Technology 78

Technology Payments 78

TechCrunch Fintech

NOVEMBER 11, 2024

The majority of the aging population in Japan still prefers using cash for transactions, according to a recent report citing government data. In 2023, cashless transactions in Japan totaled 126.7 trillion yen ($885 billion), accounting for 39.3 percent of all spending in the country, said the Japanese government. The government hopes that number reaches 40 […] © 2024 TechCrunch.

Finance 74

Finance Security Governance Government 74

Finovate

NOVEMBER 11, 2024

Japan-based identity verification specialist Authlete introduced version 3.0 of its technology. The enhancements streamline the process of issuing and managing digital credentials, specifically interoperable verifiable credentials (VCs). Authlete made its Finovate debut at FinovateEurope 2020 in Berlin, Germany. Tokyo, Japan-based identity verification specialist Authlete has unveiled the latest version of its technology which streamlines the process of issuing and managing digital credentials.

Credential 72

Credential Interoperability Verification Authentication 72

Fintech Finance

NOVEMBER 11, 2024

Thunes , the Smart Superhighway to move money around the world, today welcomed Papara , Türkiye’s leading fintech company, as a new Member of its Direct Global Network, and allies to facilitate cross-border payments to and from Türkiye. This alliance empowers Papara users in Türkiye, enabling them to send money into 3 billion mobile wallet accounts, 4 billion bank accounts, and 15 billion cards in over 80 currencies to more than 130 countries.

Cross-Border 72

Cross-Border Cross-Border Payments Facilitators Real Time Payments 72

Advertisement

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.

AI

Bank Automation

NOVEMBER 11, 2024

Fintech initial public offerings have declined in the past year as investors and companies adjust to changing rates and macroeconomic conditions. The U.S. capital market raises an average of $46 billion each year across all industries and had raised $37 billion through the end of September this year, Lynn Martin, president of the New York […] The post NYSE President Lynn Martin: Fintech IPO spring looms appeared first on Bank Automation News.

FinTech 69

FinTech Adjustments Automation Posting 69

The Fintech Times

NOVEMBER 11, 2024

Careem , the self-proclaimed ‘everything app’ in the UAE, has expanded the international remittance service of its digital wallet and fintech platform, Careem Pay. Now, UAE residents using Careem Pay can transfer money to bank accounts in Spain, Italy, France, Ireland, and Germany. Careem explained that it also plans to launch more European corridors in the near future.

IBAN 69

IBAN Financial Inclusion FinTech Transactions 69

Finextra

NOVEMBER 11, 2024

Nium, the leading global infrastructure for real-time cross-border payments, announced a partnership with Ecobank Transnational Incorporated, the leading independent pan-African financial services group, to enable seamless cross-border payments across 35 African markets for more than 32 million customers.

Cross-Border Payments 69

Cross-Border Payments Cross-Border Payments 69

Fintech Finance

NOVEMBER 11, 2024

Yuno , the world’s leading payment orchestrator, announced the launch of Smart Routing, a revolutionary payment solution that uses Yuno’s proprietary data and intelligent algorithms to automatically route payments through the most efficient pathways. The announcement was made at Web Summit, an event focused on the latest in global technology innovation.

Automation 69

Automation Payments Payment Solutions Adjustments 69

Advertisement

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

Fintech News

NOVEMBER 11, 2024

Digital financial services (DFS) in Southeast Asia (SEA) are experiencing a remarkable growth trajectory, with projected revenues soaring by 22% from US$22 billion in 2022 to US$33 billion in 2024, a new report by Google, Temasek and Bain and Company says. The annual e-Conomy SEA report explores the trends and insights of the five mainstay digital sectors in SEA, namely e-commerce, travel, food and transport, online media, and DFS.

NOV 69

NOV Non-Bank Debit Card Cross-Border Payments 69

Finextra

NOVEMBER 11, 2024

PNC Bank is to invest a further $500 million in its coast-to-coast branch banking network in the US, adding an additional 100 new locations and revovation of 200 existing sites.

64

64

The Fintech Times

NOVEMBER 11, 2024

Bitbank , the crypto assets exchange, has officially launched Bitbank Ventures , a new investment firm focusing on projects within the crypto and blockchain space. Bitbank Ventures is established as a wholly-owned subsidiary of the crypto exchange, which aims to conduct ‘more serious’ investment activities in projects that utilise crypto assets and blockchain technology.

Blockchain 64

Blockchain Cryptocurrency Bitcoin Participant 64

Finovate

NOVEMBER 11, 2024

The last couple of weeks have been full of merger and acquisitions. Will fintech continue its M&A streak this week? Stay tuned to find out. We’ll be adding the latest fintech news throughout the week as the space evolves. Payments Tencent partners with Visa to bring palm payment to Singapore. UBS pilots new blockchain-powered payment system.

FinTech 64

FinTech Agreements Blockchain Continuity 64

Advertisement

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.

End User