Fintech News

SEPTEMBER 10, 2024

DBS Group Holdings is in early discussions to expand its insurance offerings in India and Taiwan through new bancassurance partnerships, according to people with knowledge of the matter. The Singapore-based lender has turned to Goldman Sachs for advisory support in seeking potential insurance partners in these regions, sources told Bloomberg. These deals, common in the banking sector, typically allow an insurer to gain exclusive distribution rights to sell products through a bank’s branch networ

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Finovate

SEPTEMBER 10, 2024

After two days of live demos from more than 65 fintech companies, the attendees of FinovateFall 2024 have made their decisions as to which of these innovators will take home Finovate’s coveted Best of Show awards. Featuring both Finovate newcomers and Finovate veterans alike, the winners of Best of Show for FinovateFall 2024 are listed below. Bancography for its technology that predicates branch investments on sound market data, not intuition, preventing costly missteps and ensuring optimi

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Fintech News

SEPTEMBER 10, 2024

Arta Finance, a fintech firm serving as an investment advisor, announced it has secured funding from EDBI , the investment arm of the Singapore Economic Development Board. The investment will support the expansion of Arta Finance ‘s digital wealth platform in Singapore and internationally. Founded by former Google executives and based in both the US and Singapore, Arta Finance aims to provide broader access to financial tools and products typically available only to the ultra-wealthy.

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Fintech Finance

SEPTEMBER 10, 2024

New research from RedCompass Labs , a world leader in payments modernization, has revealed that over half (54%) of banks are planning to leverage generative artificial intelligence (AI) for the shift to instant payments and other payments modernization projects, while four in ten (42%) are actively considering the possibility. The report, AI in payments: The future of payments modernization?

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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

Fintech News

SEPTEMBER 10, 2024

A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. These trends reflect the growing integration of digital payment systems, the rise of digital wallet solutions, and advancements in payment infrastructure.

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Fintech News

SEPTEMBER 10, 2024

Genesis Alternative Ventures has raised US$125 million for its second venture debt fund, aimed at supporting Southeast Asian startups. The fund attracted strong interest from existing and new investors, including Japan’s Mizuho Bank and global investment platform OurCrowd. Returning investors from the first fund include Aozora Bank, Korea Development Bank, Mizuho Leasing, Sassoon Investment Corporation, and Silverhorn.

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Finextra

SEPTEMBER 10, 2024

The term "digital transformation" has become a buzzword in the banking sector, its popula

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Fintech News

SEPTEMBER 10, 2024

Singapore is scrutinising activities related to Worldcoin , a Sam Altman’s cryptocurrency project that utilises iris scans for user identification. The Monetary Authority of Singapore (MAS) has confirmed that Worldcoin itself does not fall under the purview of the Payment Services Act 2019. However, individuals engaged in the buying or selling of Worldcoin accounts and tokens as a business may be in violation of the Act.

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Fintech Finance

SEPTEMBER 10, 2024

DNA Payments has introduced Apple Pay Express Checkout, giving Ecommerce clients a new way to accept customer payments. Now, merchants can offer Apple Pay at checkout or via the Express option through the Safari browser, ensuring consumers a swift and seamless buying experience. Apple Pay Express Checkout has fast become the primary method of payment for millions of users, letting them pay directly via the iPhone, tablet, laptop, or desktop browser. 69% of mobile payments users in the UK are usi

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Fintech News

SEPTEMBER 10, 2024

Nium, a global player in real-time cross-border payments, has bolstered its executive leadership with the appointment of Andre Mancl as Chief Financial Officer and Philip Doyle as Chief Compliance Officer. Both will report to CEO Prajit Nanu and join the company’s Executive Committee. Mancl will oversee Nium’s financial strategies and global finance operations, aiming to drive efficiency and support the company’s growth.

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Fintech Finance

SEPTEMBER 10, 2024

Accenture (NYSE: ACN) announced that it has invested in EMTECH , a global financial technology company that provides software-as-a-service platforms to help central banks streamline, connect and modernize their processes and operations. This investment, made through Accenture Ventures, will support EMTECH in its efforts to transform central banks’ financial and technology infrastructure and make it easier for central banks to regulate and supervise fintechs in an increasingly digital economy.

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FloQast

SEPTEMBER 10, 2024

As someone who has deeply involved in the field of what is collectively referred to as “generative AI,” I don’t feel the need to start off this post by acknowledging its buzzword status, potential existential impact, or my utter disdain for “hallucinations,” which my co-founder, Mike, correctly pointed out as “…fancy branding for ‘it’s just wrong.

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Fintech Finance

SEPTEMBER 10, 2024

AbbeyCros s, the platform focused on improving connectivity and access in global FX payments announced today that Wise Platform , Wise’s global payments infrastructure for banks and global enterprises, has joined the ABX Platform as its newest payment partner. Wise Platform provides banks, financial institutions and global enterprises around the world with the capabilities, technology and network to enable fast, secure and cost-effective international payments for their customers.

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Cross-Border Cross-Border Payments Multi-Currency RTP 98

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

Best Practices

Payments Dive

SEPTEMBER 10, 2024

American Express eschews preset spending limits and instead relies on credit scores and spending history to manage risk, a company executive explained at a conference last week.

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Fintech Finance

SEPTEMBER 10, 2024

BKN301 Group , a London-based leading digital payments and Banking-as-a-Service (BaaS) provider with a focus in the EMEA region, unveiled its latest innovative payment solution, ‘301 Retail Account.’ The solution is a payment account that will support the rapidly evolving financial landscape and will cater to the unique needs of traditional banks, fintech companies, and neobanks.

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Payment Solutions Accounts Payment APIs and Integration AML 98

NFCW

SEPTEMBER 10, 2024

Apple NFC: “Where it’s available, we will move quickly to be able to offer it.” PayPal will “quickly” take advantage of Apple’s opening up of access to the iPhone’s NFC capabilities as part of its new omnichannel payments strategy, President and CEO Alex Chriss has revealed. “We’ll start with one country in Europe, likely this fall, and then continue to expand over time.

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Fintech Finance

SEPTEMBER 10, 2024

Neonomics is pleased to announce the appointment of Panu Poutanen as their new Head of Growth and Interim Country Manager in Finland. Panu will focus on expanding large corporate commercial activities and growing Neonomics customer base across the Nordics, with specific focus on the Finnish market in the short term. Panu comes to Neonomics after playing a pivotal role as General Manager Finland for Viva.com, Europe´s first entirely cloud-based payment services provider, growing the team in Finla

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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.

Payments

Payments Dive

SEPTEMBER 10, 2024

The digital payments pioneer is leaning on cashback rewards to attract more consumer use in stores, and will also tap near-field technology to expand.

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PayPal Digital Payments Consumer Technology 88

Fintech Finance

SEPTEMBER 10, 2024

UATP , the global payment network that enables organizations to simplify payment processes and expand their payment capabilities, has announced a new partnership with Klarna , the AI-powered global payments network. The partnership allows airlines to offer Klarna’s flexible payment services, including interest-free Buy Now Pay Later, providing customers with more flexible payment options for travel products and services.

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National Processing

SEPTEMBER 10, 2024

National Processing Is Apple Pay Safe for Businesses? How It Protects Against Skimmers and Credit Card Fraud Apple Pay’s platform was first introduced in 2014 with the release of the iPhone 6. Since then, the platform has grown to more than 65 million people. When not accounting for auto sales, 51% of all merchants accept Apple Pay. The main question from a user or retailer perspective remains the same: is Apply Pay […] The post Is Apple Pay Safe for Businesses?

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Fintech Finance

SEPTEMBER 10, 2024

payabl. , a leading European financial services provider, today announced the launch of its Payment Accounts, a cloud-based, API-first solution designed to help businesses of all sizes manage their day-to-day payment needs within a single easy-to-use platform. As businesses expand internationally, they encounter challenges such as high currency conversion costs, foreign exchange risks, and the complexity of managing multiple bank accounts. payabl.’s Payment Accounts directly address these

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Accounts Multi-Currency Payment APIs and Integration Cross-Border 96

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

The Payments Association

SEPTEMBER 10, 2024

payabl., a leading European financial services provider, announced the launch of its Payment Accounts, a cloud-based, API-first solution designed to help businesses of all sizes manage their day-to-day payment needs within a single easy-to-use platform.

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Fintech Finance

SEPTEMBER 10, 2024

Issuer processing powerhouse Enfuce today announces the expansion of its E2 card to the UK, France and Germany, in collaboration with Mastercard. Offering debit and credit PANs in one card, E2 bolsters the company’s track record of delivering cutting-edge products that benefit both card issuers and customers. The concept of a ‘combination card’ has become an industry standard in the Nordics, they are less prevalent across Europe.

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Basis Theory

SEPTEMBER 10, 2024

What a Stripe merchant should do to prepare for—or respond to—being potentially shut down or placed on a restricted list for review.

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Risk Compliance Payments 88

Fintech Finance

SEPTEMBER 10, 2024

Brazil’s instant payment system Pix is set to surpass credit cards as the most widely used payment method in Brazilian digital commerce by next year, according to Payments and Commerce Market Intelligence (PCMI) data analyzed by EBANX , a global technology company specializing in payment services for emerging markets. The projection for 2025 estimates that Pix will account for 44% of all value transacted in online purchases in Brazil, an increase of four percentage points, while cards will

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AI

The Payments Association

SEPTEMBER 10, 2024

Central bank digital currencies (CBDCs) are exciting many in the digital assets world, but what can these mean for those who are less engaged and on the fringes of financial services altogether?

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Fintech Finance

SEPTEMBER 10, 2024

Payhawk , the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, today announces the launch of new innovations as part of its ‘Fall Edition’ product release. Global companies face significant challenges in managing and controlling corporate spending across teams and regions. 43% of financial leaders want to prioritise improving spend visibility in their organisations, as otherwise, this often leads to budget overruns, misallocat

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The Payments Association

SEPTEMBER 10, 2024

As the threat of quantum computing looms, how can the payments industry safeguard against the quantum decryption capabilities that could undermine global financial security?

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Payments Security Financial Crimes Crime 88