Fintech News

JANUARY 12, 2025

Banking Circle, a Luxembourg-licensed bank specialising in next-generation banking services, is set to acquire Australian Settlements Limited (ASL), an authorised deposit-taking institution. The acquisition is subject to regulatory approvals and other closing conditions, marking a key step in Banking Circle s growth in the Australian market. ASL, a provider of settlement and processing services for banks and payment companies in Australia, will complement Banking Circles existing operations in t

Settlement 111

Settlement Acquirers Cross-Border Transactions 111

Finextra

JANUARY 12, 2025

The Consumer Financial Protection Bureau is looking into how it can apply existing privacy and consumer protections laws to emerging digital payments offered through Big Tech, as well as stablecoins and other cryptocurrencies.

Consumer Protection 75

Consumer Protection Privacy Digital Payments Consumer 75

Fintech News

JANUARY 12, 2025

Southeast Asias fintech industry is flourishing, driven by soaring adoption of digital payments, alternative lending, and wealthtech. The regions strong fundamentals, coupled with a growing digital economy, promise continued growth and innovation in the coming years, a new report by Royal Park Partners (RPP), a fintech-focused corporate finance advisory firm, says.

FinTech 99

FinTech Financial Inclusion BNPL Cross-Border 99

The Fintech Times

JANUARY 12, 2025

Nium , the global infrastructure provider for real-time cross-border payments, has launched a new card for travel customers in partnership with banking and payment services company, Diners Club International. In a move that provides Nium travel customers with greater payment flexibility, acceptance, and choice, the cross-border payments company has officially launched the Diners Club International Card.

Cross-Border Payments 64

Cross-Border Payments Cross-Border Card Issuer Payments 64

Speaker: Becky Parisotto and John Vurdelja

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

Product

Fintech News

JANUARY 12, 2025

Southeast Asias fintech sector recorded US$1.6 billion in funding in 2024, a 23% decline from US$2.1 billion in 2023 and a steep 75% drop from US$6.3 billion in 2022. The slowdown reflects the impact of macroeconomic pressures, rising interest rates, and geopolitical uncertainties, with funding levels returning to pre-pandemic norms. Y-o-Y Funding Trends Source: Tracxn Despite these challenges, the fintech industry emerged as one of the strongest performers in the regions tech startup ecosystem,

FinTech 105

FinTech Contactless Payments Cryptocurrency Returns 105

Fintech News

JANUARY 12, 2025

Reap, a Hong Kong-based payment technology provider, has received in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The approval is a step forward for Reap Singapore , the company’s local entity, as it works toward meeting the conditions required to obtain the full license. Reap intends to allocate necessary resources to support its Singapore operations and strengthen compliance standards.

Cross-Border 60

Cross-Border Payments Compliance Payments Institute 60

The Fintech Times

JANUARY 12, 2025

Bank Alfalah , a commercial bank in Pakistan with a network of over 1,000 branches, has acquired a stake in Jingle Pay , a UAE-born fintech specialising in cross-border money transfers licensed by the Dubai Financial Services Authority (DFSA). Jingle Pay, which operates in the UAE, Bahrain and Pakistan, is one of the fastest-growing fintechs in the MENAP region, and will work alongside Bank Alfalah, after it secured9.9 per cent equity in the fintech firm.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Acquirers Multi-Currency 59

Fintech News

JANUARY 12, 2025

Indonesia’s Bappebti has officially handed over regulatory and supervisory responsibilities for digital financial assets, including cryptocurrencies and financial derivatives, to the Financial Services Authority ( OJK ) and Bank Indonesia (BI). This move aims to provide greater legal certainty and stability within the country’s evolving digital finance sector.

Procedures 102

Procedures Consumer Protection Legal Laws 102

FloQast

JANUARY 12, 2025

Successful audits rely on the skills and capabilities of internal auditors, but also compliance and accounting teams, who have to navigate complex policies and procedures, and apply precise controls, under strict deadline pressure. Accountants, in particular, shoulder a heavy administrative burden during the audit – since the daily demands of the finance function must continue as usual.

Audit 69

Audit Regulations Compliance Cross-Border 69

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

JANUARY 12, 2025

AEON Financial Service, part of Japans AEON Group, has acquired Vietnams Post and Telecommunication Finance Company (PTF) from SeABank for appoximately US$170 million, DealStreetAsia reported. The deal, valued at 4.3 trillion Vietnamese dong, received approval from the State Bank of Vietnam (SBV), making AEON Financial the sole owner of PTF. The acquisition, finalised over a year after the agreement was signed , aligns with SeABanks strategy to restructure its capital base.

Acquirers 97

Acquirers Non-Bank Agreements Finance 97

The Fintech Times

JANUARY 12, 2025

On this week’s episode of News & Views, sponsored by Vanta , The Fintech Times Podcast team speak about fintech continuing to boom in Scotland and FV Bank users now being able to convert PayPal USD into USD in real-time as the digital bank expands its stablecoin capabilities. The conversation started off with Polly and Francis exploring the usage of stablecoins, especially following FV Bank’s latest offering.

Stablecoins 52

Stablecoins FinTech PayPal Continuity 52

Fintech News

JANUARY 12, 2025

Building on the technological strides and increased adoption seen in 2024, the fintech trends in Asia-Pacific (APAC) signal significant growth for the regions financial sector in 2025. This growth will be fueled by advancements in artificial intelligence (AI), the rise of tokenization, and increased adoption of digital banking, among other transformative trends, according to industry experts.

APACS 81

APACS FinTech Distributed Ledger Technology (DLT) AI 81