Fintech News

SEPTEMBER 2, 2024

The Thai Bankers Association (TBA) has blacklisted 15,000 individuals and suspended 34,000 bank accounts connected to call-center scam operations, according to The Nation. The move follows the implementation of an AI-driven Cross-Reference File (CRF) system designed to identify mule accounts used in money laundering activities. Payong Srivanich TBA Chairman Payong Srivanich announced on Monday that the CRF system, developed by the association, flagged more than 15,000 individuals who had opened

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TechCrunch Fintech

SEPTEMBER 2, 2024

The Dubai-based startup, which now counts 50,000 retail and business customers in the UAE, has netted $22 million led by Altos Ventures. © 2024 TechCrunch. All rights reserved. For personal use only.

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Fintech News

SEPTEMBER 2, 2024

Global verification provider Sumsub has introduced Local Data Processing (LDP) capabilities in the Asia-Pacific (APAC) region. The new infrastructure now operational in Singapore, Hong Kong, Indonesia, and the Philippines. This expansion follows the company’s earlier launch in the Middle East and Africa in June. As data privacy regulations tighten across APAC, driven by growing digital transformation and increased awareness of privacy concerns, Sumsub’s LDP solution aims to help businesses

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Finextra

SEPTEMBER 2, 2024

African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchange Commission (SEC) as a Digital Assets Exchange.

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Speaker: Jennifer Wright and Nick Barron

Navigating the complexities of e-commerce requires more than just the right technology - It demands a holistic strategy that aligns platform capabilities with customer- centric design and marketing. This webinar will provide a roadmap for building a robust e-commerce strategy, guiding you through key decisions from platform selection to creating user experiences that convert, and leverage digital marketing to reach and retail customers.

On-Demand

The Payments Association

SEPTEMBER 2, 2024

Breaking down ten compelling reasons why retailers should embrace selling online and how it can transform a business into a whole new enterprise.

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Payments 88

Finextra

SEPTEMBER 2, 2024

Revolut is rolling out dedicated crypto payment cards for spending on everyday items.

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Payments 129

Finextra

SEPTEMBER 2, 2024

Money movement firm firm Atlantic Money is to make it possible for users to forsake its app and instead send and receive currencies direct from within their own bank accounts.

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Fintech Finance

SEPTEMBER 2, 2024

Recently, one of the most reputable software-as-a-service companies on a global scale, Zoho , has announced its entry into the payments market by introducing Zoho Payments. Thereby, businesses can provision their Zoho Payments to customers and receive online payments through various means, including cards and UPI. Making the announcement at the Global Fintech Fest in Mumbai, Zoho also introduced B2B payment capabilities, powered by the Bharat Bill Payment System (BBPS) of NPCI Bharat BillPay Lim

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Payments B2B Reconciliation Instant Payments 77

The Fintech Times

SEPTEMBER 2, 2024

Ant International , the digital payment and fintech company, has joined forces with Dock , a payments and banking technology provider in Latin America, to offer new AI-driven credit technology solutions in Brazil. In a move to empower local partners and advance financial inclusions, Ant International will enhance the credit management capability and infrastructure efficiency for Dock clients, comprising of financial institutions, retailers, and fintech start-ups.

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Fintech Finance

SEPTEMBER 2, 2024

Akurateco , a cutting-edge white-label payment software vendor, is excited to announce a strategic partnership with CryptoProcessing by CoinsPaid , one of the recognized leaders in providing crypto payment solutions. With CryptoProcessing’s assistance, companies that purchase Acurateco’s products can pay for them seamlessly, easily, quickly, and securely using cryptocurrency.

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Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

Payments

The Fintech Times

SEPTEMBER 2, 2024

As economic crime continues to rise, the UK fintech industry is taking significant steps to address this growing challenge. Following the launch of the Centre for Finance, Innovation and Technology (CFIT)’s second industry coalition , which now includes major partners like AWS, Barclays, EY, HSBC and Mastercard, CEO Ezechi Britton MBE shares insights into how the sector is uniting to combat fraud through innovative digital verification solutions.

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Finextra

SEPTEMBER 2, 2024

The UK Government-backed Centre for Finance, Innovation and Technology (CFIT) has teamed up with leading banks and technology firms to test digital verification as a means to combat spiralling levels of economic crime.

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Fintech Finance

SEPTEMBER 2, 2024

MANSA , a leading decentralised finance (DeFi) platform specialising in cross-border payments and trade financing, has partnered with blockchain payment platform Bitmama to improve cross-border payment accessibility across Africa. Payment companies across Africa face significant challenges in establishing cross-border payment services, where maintaining pre-funded accounts in multiple countries often poses an obstacle due to limited capital, stifling innovation and creating a liquidity gap.

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The Fintech Times

SEPTEMBER 2, 2024

In their latest research, global consumer insights company, Protocol Theory and cryptocurrency exchange, Easy Crypto , found that Australians are viewing crypto as a key to financial freedom, with many turning to digital asset investments instead of real estate. The real estate industry has historically been a great sector to invest in – in fact, according to the research, 75 per cent of investors believe the sector has high returns.

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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

Finextra

SEPTEMBER 2, 2024

Hardbacon, a Canadian budgeting app that generated revenue through lead generation and affiliate marketing, has shut down after tweaks to Google's search algorithm saw users plummet.

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The Fintech Times

SEPTEMBER 2, 2024

MANSA , a decentralised finance (DeFi) platform specialising in cross-border payments and trade financing, is joining forces with blockchain payment platform Bitmama , in a move to improve cross-border payment accessibility across Africa. Through the new partnership, MANSA will provide Bitmama with the necessary liquidity to pre-fund accounts across 18 countries in Africa.

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Finextra

SEPTEMBER 2, 2024

Singapore's Ministry of Home Affairs is opening consultations on new rules that would empower the police to order banks to restrict the banking transactions of people who refuse to believe that they are being scammed.

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The Fintech Times

SEPTEMBER 2, 2024

The inaugural three-day 24 Fintech summit and exhibition is gearing up to open its doors at the Riyadh Front Exhibition & Conference Centre for the first time this week, hoping to bolster Saudi Arabia’s position as a major fintech hub. Designed to be one of Asia, Europe, and North Africa’s premier annual fintech events, 24 Fintech is hosted by Saudi Arabia’s Financial Sector Development Program (FSDP), the Saudi Central Bank , the Capital Market Authority (CMA), and the Insuranc

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AI

Finextra

SEPTEMBER 2, 2024

The UK Government-backed Centre for Finance, Innovation and Technology (CFIT) has teamed up with leading banks and technology firms to test digital verification as a means to combat spiralling levels of economic crime.

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Technology Crime Verification Government 64

The Fintech Times

SEPTEMBER 2, 2024

The first full week of September will begin on Monday the 2nd and marks the start of National Payroll Week. In the lead-up to this, MHR , the HR, payroll and finance software provider has revealed insights on the sentiment of UK payroll workers. The 2024 MHR payroll report highlights that over half (56 per cent) of all payroll workers believe greater investment is required in the sector.

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Payroll AI Checks Technology 59

Finextra

SEPTEMBER 2, 2024

The Bank of London has been selected by Malysian start-up Waafi Bank to support its plans to enter the UK's Shariah-compliant banking market.

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Neopay

SEPTEMBER 2, 2024

As regulatory compliance continues to become more complex, having a robust monitoring plan in place is more important than ever. To help us understand why, we spoke with Neopay’s Consultancy Manager, Margita Layne. With extensive experience as a former Money Laundering Reporting Officer (MLRO) and Head of Compliance in the payment sector, Margita brings valuable insights into the significance of a Compliance Monitoring Plan and how it can benefit businesses of all sizes.

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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

Finextra

SEPTEMBER 2, 2024

barq, the latest wallet and challenger bank to launch in Saudi Arabia, has reached a significant milestone by surpassing 1 million wallet users and account holders within just 21 days of operation.

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Accounts 59

The Fintech Times

SEPTEMBER 2, 2024

In a concerted effort to crack down on economic crime, some of the biggest names in finance and technology have joined forces under a new coalition led by the Centre for Finance, Innovation and Technology (CFIT). This initiative, w hich first came to light in June , is focused on developing advanced digital verification systems to safeguard businesses and consumers from the rising threat of fraud.

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Crime Verification Interoperability Participant 59

Finextra

SEPTEMBER 2, 2024

Bank payment company GoCardless has completed the acquisition of Sentenial Ltd, operating under the Nuapay brand, from EML Payments Limited (ASX: EML).

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Paystand

SEPTEMBER 2, 2024

Table of Contents What is a front company? Who sets up a front company? What is the difference between a shell company, a shelf company, and a front company? How to spot a front company?

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Risk 52

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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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Finextra

SEPTEMBER 2, 2024

The Tenity Zurich Fintech Accelerator Program kicked off this week in Zurich, with 13 startups selected from over 130 applications through a highly competitive selection process.

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FinTech Process 52

Chargebee

SEPTEMBER 2, 2024

Understanding why customers cancel their subscriptions is the key to refining product-market fit and achieving sustainable growth. For AI businesses, where innovation is rapid and competition fierce, knowing what drives customer decisions can make all the difference in the crucial early years of development.

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AI Product Innovation 52

Finextra

SEPTEMBER 2, 2024

Lucinity, the global leader in AI software for financial crime compliance, has secured a second patent from the US for its proprietary federated learning technology, which provides a unique approach to allow global financial systems to share algorithmic learning patterns without having to share sensitive data.

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Fintech Review

SEPTEMBER 2, 2024

Sydney, Australia, September 2nd, 2024, FinanceWire Decode Global , a leading broker in the Forex and CFDs industry, is proud to announce that it has been honored with the “Best IB/Affiliate Program – Australia” at Financial Achievements in Markets Excellency (FAME) awards in Australia 2024. This award highlights the company’s efforts in delivering a reliable and effective IB (Introducing Broker) and affiliate program within the forex industry.

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Accounts Finance Innovation FinTech 52

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.

Embedded Finance