Sun.May 05, 2024

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Thailand-India QR Payment Link to Launch by Q3 2024

Fintech News

The Bank of Thailand is gearing up to introduce a QR code-based cross-border payment system between Thailand and India, anticipated to be operational by the third quarter of 2024, according to Bangkok Post. Announced by Dr Daranee Saeju, Assistant Governor, Payment Systems Policy and Financial Consumer Protection Group, Bank of Thailand at the recent Money20/20 Asia event in Bangkok, this move aims to enhance the speed and security of international transactions.

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Wells Fargo says US investigating Zelle complaint handling

Finextra

Wells Fargo has joined JP Morgan in revealing that US authorities are investigating the handling of complaints about P2P payments service Zelle.

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Martin Frick Succeeds Olivier Berthier as Moneythor CEO

Fintech News

Moneythor, a provider of personalisation solutions for financial institutions, announced the appointment of Martin Frick as its new CEO. Martin Frick succeeds Olivier Berthier, co-founder of Moneythor , who will now serve as Chairman. Berthier will continue to offer strategic guidance to sustain the company’s momentum. As CEO, Frick aims to accelerate the company’s growth and strengthen its market presence.

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Difference between Sales Planning and Revenue Planning

The Finance Weekly

The hunt for growth never stops in the fast-paced business world. Leading the growth in almost every company is the sales team. They basically connect what you need with the right product or service. For instance, let's talk about car sales. When you head to a car dealership, you have a car in mind. The salesperson usually dives into your life - asking about your family size, daily routine, and more to understand how you plan to use the car.

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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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Crypto.com Surpasses 100 Million Users Globally

Fintech News

Crypto.com announced it has surpassed 100 million global users since its establishment in 2016. Its user base has doubled since the first Formula 1 Crypto.com Miami Grand Prix in May 2022. This milestone coincides with the company’s recent promotional activities, including the “Fortune Favors the Brave” campaign and its film “INEVITABLE,” which aimed to highlight themes of perseverance and success.

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Resilience Launches New Cyber Risk Tools to Empower Clients to Improve Their Risk Mitigation

The Fintech Times

Resilience , the US-based cyber risk solution company, has introduced two new cyber risk tools to its cyber insurance package, in a move to help its clients reduce losses from cyberattacks. Following its launch of ‘Technology Errors and Omissions’ in March, the Resilience is now introducing two new offerings: ‘Essential Solution for Cyber Insurance’ and ‘Edge Solution for Cyber Risk Management’ By integrating the new capabilities into its offering, Resilience

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TransferGo Adds Pay by Bank for UK Customers, on Mission to ‘Remove Barriers’ in Finance

The Fintech Times

TransferGo , the global fintech offering online money transfers to 160 countries, has joined forces with Tink , the Sweden-based payment services, data enrichment and open banking platform, to add Pay by Bank to its payments offering. UK-based TransferGo customers can already get their hands on the offering, as Pay by Bank enables them to send money internationally more quickly and securely.

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Latest DBS Disruption Raises Questions Despite End of MAS Restriction

Fintech News

DBS Bank has announced the restoration of its digital banking services after a temporary disruption that affected its DBS/POSB digibank Online and Mobile platforms, as well as DBS PayLah! The services resumed normal operations in less than 2 hours between 7:37 PM and 8:03 PM on 2 May 2024. The bank had reported difficulties with its digital platforms earlier in the day, starting from 6:55 PM, noting an issue that had impacted user access.

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Fed proposes expanding operating hours for FedWire and NSS

Finextra

The US Federal Reserve Board is seeking feedback on a proposal to start operating its two large payments services seven days a week.

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abrdn and FNZ to Launch New Digital Wealth Platform in Singapore

Fintech News

Global investment company abrdn and wealth management platform FNZ have initiated a strategic partnership in Asia, starting with the launch a new digital wealth platform in Singapore. This platform is designed to support a variety of financial institutions including independent advisory firms, banks, virtual banks, family offices, and insurance companies across Asia.

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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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Fed proposes expanded operating hours for FedWire and NSS

Finextra

The US Federal Reserve Board is seeking feedback on a proposal to start operating its two large payments services seven days a week.

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How to extract pages from Word documents

Nanonets

Extracting pages from a Word document is a common task that most of us need to perform occasionally. Whether you're working with invoices and need to extract specific fields like names and addresses, or you're dealing with contracts and want to extract particular clauses, being able to extract pages or parts of a Word document can be incredibly useful.

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RBC launches incubator

Finextra

The Royal Bank of Canada is backing a new incubator programme for fintech and cybersecurity startups.