The Fintech Times

JUNE 16, 2024

Australia’s Bendigo and Adelaide Bank has teamed up with MongoDB to modernise its core banking technology. The bank is using the MongoDB Atlas multi-cloud developer data platform to accelerate customer-focused innovation. According to the pair, the bank chose MongoDB Atlas as the underlying platform for its tech stack because of the high levels of security and reliability, its ability to manage the bank’s real-time operational data on a unified platform, and because of an “intuitive

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Fintech News

JUNE 16, 2024

Singapore’s Income Insurance Limited has announced that it is currently in discussions with Allianz regarding a potential transaction involving Income Insurance shares. This seems to indicate that a change in share ownership or a significant investment might be on the horizon. Income Insurance stressed that there is no certainty that a deal will be finalised or that any binding agreement will be reached.

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The Fintech Times

JUNE 16, 2024

The Bank for International Settlements (BIS) and the Bank of Canada have jointly inaugurated the Toronto Innovation Centre, marking the first BIS Innovation Hub Centre in the Americas. This new centre, the seventh established globally by the BIS, aims to explore advanced technologies to enhance financial system efficiency and inclusivity both in Canada and across Latin America and the Caribbean.

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Fintech News

JUNE 16, 2024

Wise, a global online money transfer service, has partnered with Nubank, a Brazilian digital bank that serves over 100 million users , to streamline international payments for Nubank’s premium segment, Ultravioleta. This collaboration allows Nubank to utilise Wise ’s infrastructure to offer multi-currency accounts and debit cards through its app, enabling customers to manage and spend money internationally with ease.

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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

Finextra

JUNE 16, 2024

Terraform Labs and its former CEO Do Kwon have reached a $4.5 billion settlement with the SEC after a jury verdict held them liable for orchestrating a years-long fraud involving crypto asset securities that led to massive investor losses when the scheme unravelled.

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Fintech News

JUNE 16, 2024

Amazon Web Services (AWS) has unveiled a US$230 million commitment to support generative AI startups globally. This initiative aims to accelerate the development and market entry of new generative AI applications, providing early-stage startups with AWS credits, mentorship, and educational resources to enhance their use of AI and machine learning technologies.

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Fintech News

JUNE 16, 2024

Two men, aged 26 and 47, will appear in court on 15 June 2024, for their alleged involvement in malware-enabled scams targeting Singaporeans since June 2023. In 2023, at least 1,899 victims in Singapore were deceived into downloading malware, resulting in losses exceeding S$34.1 million. The malware allowed scammers to remotely access victims’ devices, stealing personal and banking information to perform fraudulent transactions.

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The Fintech Times

JUNE 16, 2024

Doha Bank and Mastercard have formed a major long-term partnership to boost the commercial bank’s payment solutions and support Qatar’s digital transformation goals. This collaboration is designed to bolster Doha Bank’s leadership in customer service and innovative payment solutions, while aligning with its ‘Himma’ roadmap – aimed at redefining how it operates and serves its clients.

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Visa Digital Payments Financial Inclusion Payments 69

Fintech News

JUNE 16, 2024

A group of minority shareholders has expressed dissatisfaction with OCBC ‘s final bid to purchase the remaining shares of Great Eastern, as reported by Channel News Asi a. OCBC, which has been the majority shareholder of Great Eastern for the past two decades, recently proposed a S$1.4 billion offer to buy the remaining 11.56% stake in Great Eastern Holdings Limited.

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The Fintech Times

JUNE 16, 2024

This June at The Fintech Times, we’re focusing on diversity, equity and inclusion (DEI). No longer just a trending topic but an essential consideration to not only your business operations but in your offering as well, this topic feels more relevant now than ever before. The fintech industry is known for its innovative, agile reputation, and yet it still faces a significant diversity problem that threatens to halt its growth and stop that innovation moving.

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Finextra

JUNE 16, 2024

Customers demand seamless, intuitive, and personalized banking experiences, with 72% emphasizing per.

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The Paypers

JUNE 16, 2024

UK-based fintech Transact365 has announced its plans to expand its crypto processing solutions suite, bringing the total number to ten cryptocurrencies.

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The Paypers

JUNE 16, 2024

US-based banking solution Lumin Digital has partnered with Pinwheel to augmented conversion rates and enrolment for banks and credit unions with Pinwheel Prime.

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The Paypers

JUNE 16, 2024

Financial services company BNP Paribas and banking group BPCE have announced their plans to form a strategic partnership to advance the payments landscape.

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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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