Fed official makes a case for the dollar’s hegemony
Payments Dive
FEBRUARY 27, 2024
Can the dollar’s reign as the world’s reserve currency persist? This Fed official makes a strong case, but digital doubts may remain.
Payments Dive
FEBRUARY 27, 2024
Can the dollar’s reign as the world’s reserve currency persist? This Fed official makes a strong case, but digital doubts may remain.
Finextra
FEBRUARY 27, 2024
New Consumer Spend data from Barclays’ annual contactless trends report has revealed that 2023 was another record-breaking year for ‘touch and pay’, with the fastest growth coming among the over 65s.
Payments Dive
FEBRUARY 27, 2024
The blockbuster deal is set “to trigger a bunch of rethinking across the industry,” said Erin McCune, a partner at consulting firm Bain & Company.
Finextra
FEBRUARY 27, 2024
American Express has launched ‘Plan It’ – a new offering for the UK market that allows credit card holders to pay off purchases on their statement, or a portion of their monthly bill, in instalments.
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
BlueSnap
FEBRUARY 27, 2024
When CFOs and other business leaders think about their return on investment, it is easy to overlook payments. However, your global digital payments strategy can significantly impact profitability. The post Why (and How) to Think About Your ROI of Global Digital Payments appeared first on BlueSnap.
Fintech News
FEBRUARY 27, 2024
The fintech industry in the Asia Pacific region is booming, with several high-growth companies potentially eyeing an initial public offering (IPO) as early as 2024. Rapid digitalisation, a young internet-savvy population, and underserved markets make the region ripe for fintech disruption. Despite global fintech funding nosediving to US$39.2 billion in 2023 , half of the previous year’s amount, and deal volume slipping 38% to 3,801, the lowest levels since 2017 — 2024 could see at le
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Finovate
FEBRUARY 27, 2024
Payroll, benefits and HR management solutions company Gusto and B2B credit and financing expert Nav are partnering this week. Under the agreement, Gusto’s small business clients will have access to Nav’s financial health insights as well as its network of financing options. Originally founded as ZenPayroll in 2012, Gusto has raised a total of $746 million.
Fintech Review
FEBRUARY 27, 2024
In the dynamic world of business, understanding the worth of an enterprise is essential for a myriad of reasons, from fundraising and mergers to sales and internal reviews. For industries that are rapidly evolving, such as the fintech sector, determining this worth can be challenging. Company valuation, therefore, plays a pivotal role. Let’s dive deep into company valuation, using fintech startups as our primary example.
The Fintech Times
FEBRUARY 27, 2024
Lloyds Bank has become the first UK bank to join the WaveBL electronic trade documentation platform, in an effort to unlock new trade efficiencies and sustainability benefits for its clients by using electronic Bills of Lading (eBLs) and ditching paper forms. Bills of Lading are important documents in international trade which are issued by a carrier when a seller dispatches goods to an end customer – with the document essentially acting as a receipt for the goods being shipped.
Payments Dive
FEBRUARY 27, 2024
The senator urged regulators to block the deal and took the OCC to task for its approval record. Meanwhile, JPMorgan CEO Jamie Dimon advocated for Capital One to get a fair shake.
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.
Fintech News
FEBRUARY 27, 2024
2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion of Sam Bankman-Fried’s FTX exchange and the collapse of of Terra, the algorithmic stablecoin created by Korean entrepreneur Do Kwon. These negative developments likely influenced governments across the globe, because the following 12 months saw an extraordinary boom in crypto policy regulation in APAC countries.
The Fintech Times
FEBRUARY 27, 2024
The four years since the onset of the Covid pandemic have been marked by economic turbulence, with global markets grappling with unprecedented challenges. From supply chain disruptions to shifting consumer demands, the aftermath of the pandemic has ushered in a period of uncertainty and volatility, driving significant increases in the cost of living worldwide.
Fintech News
FEBRUARY 27, 2024
Amazon Pay has been granted a payment aggregator (PA) license by the Reserve Bank of India (RBI), marking a pivotal milestone for the digital payments arm of the e-commerce firm, Amazon India. This approval by RBI is not the first for Amazon Pay in India, having secured a prepaid payment instrument (PPI) license previously, enabling it to facilitate a broad spectrum of digital and UPI payments for consumers.
TechCrunch Fintech
FEBRUARY 27, 2024
For obvious reasons, financial teams can spend a great deal of time on corporate treasury management, accounting and bank reconciliation, so anything that speeds up that process usually garners a lot of interest. Today Embat, a Spanish fintech which does what they call “real-time treasury management”, has closed a financing round of $16 million Series […] © 2024 TechCrunch.
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.
Fintech News
FEBRUARY 27, 2024
Singapore-based fintech startup Fluid has announced a US$5.2 million Series A funding round led by Insignia Ventures Partners to expand its flexible financing for business-to-business (B2B) purchase solution, as reported by The Business Times. This latest financial injection brings Fluid’s total funding to US$7 million, when combined with a previous seed round of US$1.8 million supported by Iterative and New Stack Ventures.
Payments Dive
FEBRUARY 27, 2024
Erik Hoag, a long-time FIS executive who stepped down from the CFO seat in August after just one year, was named chief integration officer.
Fintech News
FEBRUARY 27, 2024
OCBC Bank has established a new division named Group Strategy, Innovation, and Sustainability. The division aims to anchor the bank’s strategic direction, fostering innovation and sustainability efforts. The new division, set to commence on 22 April 2024, will play a crucial role in identifying and developing new business opportunities while integrating sustainability practices into the bank’s operations.
Bank Automation
FEBRUARY 27, 2024
BMO continued to deliver on its digital-first agenda during its 2024 fiscal first quarter through innovation and new offerings. The Montreal-based bank continues to expand its “suite of innovative products,” Chief Executive Darryl White said today during the bank’s earnings call. In December, the CA$1.
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.
Fintech News
FEBRUARY 27, 2024
Citibank Singapore has expanded its footprint in the country with the opening of two new wealth advisory centers, marking the bank’s enhanced commitment to the island-state as a crucial hub for its wealth management operations. The inauguration of the center at One Holland Village by Andy Sieg, Citi’s Global Head of Wealth, follows the earlier opening of the Parkway Parade center, which began operations on 18 December 2023.
Bank Automation
FEBRUARY 27, 2024
Scotiabank‘s tech spend climbed in the fourth quarter as the bank invested in digitalization and automation to keep up with client demand. The Canadian bank’s spend on technology during the quarter increased 13% year over year to CA$570 million ($421 million), according to the bank’s earnings supplement. Total non-interest expenses increased 6% YoY to $3.
Fintech News
FEBRUARY 27, 2024
Global neobank Revolut has expanded its services by launching the “Mobile Wallets” feature in Singapore, enabling customers to transfer money directly to Bangladesh and Kenya. Revolut plans to unveil additional wallet routes in the near future. This feature was first made available to Revolut’s users in the UK and most European countries (EEA) in January this year.
Bank Automation
FEBRUARY 27, 2024
LONDON — ING Bank saw increased adoption of its video-based customer service options in 2023, specifically for mortgage applications. “Almost 50% of customers use digital channels for purchasing banking products,” Lukasz Parzyk, expert lead at ING, said at FinovateEurope 2024 today.
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.
Fintech News
FEBRUARY 27, 2024
Singapore’s fintech startup, Qapita , has raised US$17.2 million in a funding round believed to be pre-Series B, adding to the US$22.68 million secured in 2020 and 2021. This latest financial infusion saw contributions from a mix of existing investors. Leading the investment charge were East Ventures, MassMutual Ventures Southeast Asia, and Cercano Management, each committing US$3 million to the funding round.
Bank Automation
FEBRUARY 27, 2024
Subprime lender Arivo Acceptance Chief Executive Landon Starr will continue to embrace technology while making structural adjustments to the company’s operations in his new role. Starr aims to create a structure that facilitates “more empathy, collaboration and integration of technology,” he told Auto Finance News, a sister publication to Bank Automation News.
Fintech News
FEBRUARY 27, 2024
audax Financial Technology, backed by Standard Chartered, and Thought Machine, a cloud-native banking technology company, have announced a strategic partnership aimed at reshaping the banking technology arena. The partnership is set to deliver digital banking and Banking-as-a-Service (BaaS) solutions designed to meet the growing consumer demands efficiently and cost-effectively.
Bank Automation
FEBRUARY 27, 2024
Artificial intelligence is likely to replace or at least lend a hand in tasks that take up almost three-quarters of the time bank employees now spend working. That’s the conclusion of a new analysis by consultancy Accenture, which said banking has the potential to benefit more from the technology than any other industry.
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.
Finextra
FEBRUARY 27, 2024
In the rapidly evolving fintech world, robust, reliable, and resilient systems are more crucial than ever. The industry must grapple not just with the challenges of instant payments and external cyber threats, but also with the advent of new players, running on varied infrastructures and offering unprecedented uptime levels. DORA, introduced by the European Union, provides a dedicated framework.
Chargebee
FEBRUARY 27, 2024
The remarkable growth of the global subscription and recurring billing management market, expected to escalate from $5.9 billion in 2021 to $14.5 billion by 2027, underscores the increasing preference for subscription services over one-time purchases among consumers worldwide. This surge necessitates the deployment of a robust payment processing system to harness the full potential of subscription models.
The Fintech Times
FEBRUARY 27, 2024
Payments are arguably the face of fintech. When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having looked at some of the biggest technologies to impact the payments world, like buy now pay later (BNPL) and central bank digital currencies (CBDCs) , we now look to the future and what the next trend may be.
Fintech Finance
FEBRUARY 27, 2024
Klarna today announced its AI assistant powered by OpenAI. Now live globally for 1 month, the numbers speak for themselves: The AI assistant has had 2.3 million conversations, two-thirds of Klarna’s customer service chats It is doing the equivalent work of 700 full-time agents It is on par with human agents in regard to customer satisfaction score It is more accurate in errand resolution, leading to a 25% drop in repeat inquiries Customers now resolve their errands in less than 2 mins comp
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.
Let's personalize your content