Wed.Apr 02, 2025

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Aspire Clinches MAS License to Roll Out Investment Product for Businesses

Fintech News

ASG2 Pte Ltd, a subsidiary of Singapore-based business finance platform Aspire , has received a Capital Markets Services (CMS) License from the Monetary Authority of Singapore (MAS). The license enables the company to offer regulated investment solutions to businesses in Singapore. Aspire plans to roll out a new investment feature called Aspire Yield , integrated into its existing business accounts.

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Report captures the cost of fraud for UK payments providers

The Payments Association

More than three quarters of British payments platforms are losing more than 5% of their revenue to fraud every year, according to a survey of senior UK financial services fraud professionals. The survey, which forms the basis of the ‘Global Industry Pulse Report’ published by identity verification specialist Veriff, found that online fraud is a growing threat to UK businesses, with 73% suffering a negative hit to their revenue over the past 12 months.

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Nexus Global Payments Officially Launches, Marking Move to Operational Phase

Fintech News

A consortium of central banks has formally established Nexus Global Payments (NGP) in Singapore to manage a new multilateral cross-border payment system. The founding members are the Reserve Bank of India, Bank Negara Malaysia, Bangko Sentral ng Pilipinas, the Monetary Authority of Singapore (MAS), and the Bank of Thailand. NGP, incorporated as a non-profit company limited by guarantee, will oversee the operationalisation of the Nexus scheme.

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One in seven travellers to use digital credentials by 2032

NFCW

Adoption of digital travel credentials (DTCs) will reach 15% globally by 2034 “as technical specifications, solidification of supporting infrastructure, growing digital maturity, and deepening interoperability converge to prime the digital ID space,” ABI Research predicts. While Digital Travel Credentials (DTCs) are a natural evolution from e-passports, their implementation will be gradual due to the security-sensitive nature of travel, border control, and immigration,” the res

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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.

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MariBank Now First Digibank in Singapore to Offer Remittances for Retail, SME Users

Fintech News

MariBank has introduced a new remittance service for both retail and business users, becoming the first digital bank in Singapore to offer such transfers across both segments. The service, called MariBank Overseas Transfers , allows users to send money to 13 destinations in 10 currencies with competitive exchange rates. Currently available on an invite-only basis, the full launch is expected by the end of April, with more destinations to be added in the coming months.

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Discover, Spire cut merchant processing fees by up to 90%

Bank Automation

Payments solutions provider Spire has launched a pay-by-bank solution designed to cut transaction fees and boost consumer rewards. The Pay with Spire platform uses the Discover Network to facilitate ACH point-of-sale transactions with 50%-90% lower merchant processing fees than the respective industry averages of 2.5% and 1.7% for credit and debit card transactions, Matt Brennan, […] The post Discover, Spire cut merchant processing fees by up to 90% appeared first on Bank Automation News.

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Half of all contactless payments in Ireland are now made via NFC

NFCW

Close to nine in ten (87.1%) of all card payments made in Ireland last year were contactless and more than half of those were made using an NFC mobile phone, Banking & Payments Federation Ireland (BPFI) reports. “Over 1.5bn contactless point of sale (POS) payments, valued at 26.7 billion, were made in shops, restaurants and other retail outlets in 2024,” the organisation says.

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Eurostar Introduces Klarna for Flexible Payments in the UK and France, Making High-Speed Rail More Accessible

Fintech Finance

Klarna , the AI-powered payments and shopping network, today announces its launch with Eurostar , enabling travelers in the UK and France to book their journeys with greater flexibility. Customers checking out on Eurostar.com can now choose Klarna’s Pay in 3, allowing them to split the cost of their ticket into three equal, interest-free payments, or Pay in Full for a seamless one-time transaction.

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Fraudsters Turn to WhatsApp: Revolut Reveals UK Consumers Lose £2,437 From WhatsApp Scams

The Fintech Times

WhatsApp prides itself on the security of its encrypted messages, however, according to new research from Revolut, the global fintech with 11 million UK customers and 50 million globally, UK consumers are losing an average of 2,437 from scams originating on the communications platform. Revoluts analysis showed that Brits are the most vulnerable to WhatsApp fraud , ranking the worst affected in Europe in 2024.

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Jim Hart Brings Over Two Decades of Experience to CISO Role at Paymentology

Fintech News

Paymentology , a global issuer-processor, announced the appointment of Jim Hart as its new Chief Information Security Officer (CISO). Hart brings over 25 years of IT security experience to the role. His background includes developing security strategies and managing large-scale security projects, particularly within complex hybrid and cloud environments across sectors like banking, fintech, services, and manufacturing.

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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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Mastercard, PayPal mull stablecoins for B2B payments

Payments Dive

Mastercard and PayPal are among the companies viewing the digital assets as potentially useful for business-to-business transactions.

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Centiglobe and Mastercard Move Partner Enhancing Payment Connectivity Across the World

The Fintech Times

Following a new partnership between Centiglobe , the cross-border payment infrastructure solutions provider, and Mastercard Move , Mastercard s portfolio of global money movement solutions, customers using Centiglobe’s blockchain-based payments platform will now be able to use Mastercard Move through a single integration. By integrating with Mastercard Move through the Centiglobe payments platform, banks and payment service providers gain access to a broad range of money movement options,

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Flutterwave’s Send App Now Live in Ghana to Enable Fast and Secure International Money Transfers

Fintech Finance

Flutterwave , Africa’s leading payments technology company, is thrilled to announce the official launch of Send App in Ghana. This milestone marks a significant step towards seamless and secure international remittances, allowing users to receive money from abroad directly into their bank accounts or mobile money wallets (MTN Mobile Money, Telecel Cash, and AirtelTigo Money).

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Mastercard Announces New Programme to Unlock VCN Tech’s Commercial Payments Capabilities

The Fintech Times

To realise the true potential of virtual cards, payment giant Mastercard is launching a new programme that will help banks, platform partners, and mutual end corporate customers transform their commercial payment offerings , powered by Mastercard’s Virtual Card Number (VCN) technology. Mastercard has been working on developing virtual card adoption for years, primarily through its VCN platform, although development has also been accelerated as a result of partnerships and and integrations

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

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

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Verisik acquires Nasdaq catastophe risk modelling subsidiary Simplitium

Finextra

Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, and Nasdaq (Nasdaq: NDAQ) today announced that Verisk has acquired Nasdaq subsidiary Simplitium Limited, which owns and operates Nasdaq Risk Modelling for Catastrophes (NRMC), a SaaS platform that supports an open ecosystem where specialized model partners make their models, hazard data and analytics available to the industry to help assess and address the global insurance protection gap.

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myTU Introduces Google Pay for Secure Contactless Payments

Fintech Finance

myTU , a fully automated, AI-native, and cloud-first digital bank, announced today the launch of Google Pay for its customers. This new feature enables both individuals and businesses to add their debit cards to Google Wallet, making payments more convenient and secure. myTUs customers can now pay in stores, apps, or online with just their smartphones or other Android devices.

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VSee Health Highlights: AI-Powered Telehealth Redefining the $787 Billion Digital Healthcare Market Featured Image featured image Admin Message

Fintech Review

Harrison Township, United States, April 2nd, 2025, FinanceWire Game-Changing AI-Powered Telehealth Redefining the $787 Billion Digital Healthcare Market VSee Health, Inc. (Nasdaq: VSEE): Major Clients Include NASA, U.S. Department of Health and Human Services, McKesson, DaVita and the Entire Nation of Qatar The healthcare industry is undergoing a significant transformation, and VSee Health, Inc.

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MariBank Launches MariBank Overseas Transfers: Supporting SME Cross Border Payments

The Fintech Times

To make overseas transfers more accessible and affordable for retail and business customers, digital bank MariBank , has launched its remittance service, MariBank Overseas Transfers. With the vision to provide simple and reliable financial solutions, MariBank Overseas Transfers is designed to fill banking service gaps identified through surveys conducted within the MariBank ecosystem, catering to both consumers and small and medium enterprises (SMEs).

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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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B2BROKER Enhances B2CORE with DXtrade Integration in New Partnership with Devexperts

Fintech Review

Dubai, United Arab Emirates, April 2nd, 2025, FinanceWire B2BROKER , a global fintech company offering advanced solutions for financial institutions, has partnered with Devexperts , a global software developer for the capital markets industry. This collaboration integrates the DXtrade trading platform into the B2CORE ecosystem, expanding the range of supported platforms and offering brokers and traders advanced tools for trading and account management.

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FreedomPay: Driving the Digital Transformation of Commerce with its Next Level Commerce™ Platform in Mexico

Fintech Finance

In a world thats increasingly connected, businesses are looking for innovative solutions to streamline operations and deliver exceptional shopping experiences. FreedomPay , a leader in payment solutions, introduces its Next Level Commerce platform, designed to transform the way businesses manage transactions and connect with their customers. Companies with multiple points of sale face the challenge of managing isolated payment systems and scattered data.

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DTCC Launches Digital Collateral Management Platform, Leveraging Blockchain Technology

The Fintech Times

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, is launching a new digital collateral management platform. Through the launch, the DTCC aims to leverage blockchain technology to streamline the flow of collateral across siloed infrastructure, unlocking major capital and operational efficiencies.

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Ripple integrates stablecoin into cross-border payments platform

Finextra

Ripple has integrated its recently-launched stablecoin into its flagship cross-border payments system.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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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PayPal Announces Ads Solution in the UK, Revolutionising Commerce Media for Brands and Merchants

PayPal

Brands will benefit from the insights derived from PayPals everyday business The launch marks the beginning of the international expansion of PayPal Ads, which first launched in the US last year

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Visa offers Apple $100 million to ditch Mastercard

Finextra

Visa has reportedly offered Apple roughly $100 million to take over the tech giant's credit card partnership from Mastercard.

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Visa’s new VAMP program raises the bar for merchants: Here’s what you need to do to stay compliant

The Payments Association

With Visa’s VAMP program introducing stricter compliance measures, are you prepared to navigate these changes and safeguard your business? Introduction to VAMP Visa’s Acquirer Monitoring Program (VAMP) is designed to uphold the integrity of the payment ecosystem by consolidating risk monitoring efforts. Effective April 1, 2025, VAMP will integrate the Visa Fraud Monitoring Program (VFMP) and the Visa Dispute Monitoring Program (VDMP) into a unified framework with stricter thresholds.

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PayPal launches advertising platform in the UK

Finextra

PayPal is launching its new advertising platform in the UK, tapping into its trove of customer data to help merchants better target their ads.

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7 Essential Criteria for Choosing the Right Payments Partner

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.

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Amex opposes shareholder proposals

Payments Dive

A conservative legal group wants American Express to end financial incentives for executives who source diverse suppliers, although the card issuer says it doesn’t offer those anymore.

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Revolutionizing Finance: How AI Agents Are Transforming Financial Reporting and Compliance

Finextra

Artificial Intelligence (AI) agents have rapidly evolved from conceptual innovations to integral co.

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Fiserv promotes Takis Georgakopoulos to COO

Payments Dive

Georgakopoulos replaced Guy Chiarello as chief operating officer, with the latter moving to a different role at the payments processor.

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Yavrio Connects With Five Largest U.S. Banks and Introduces Advanced Embedded Payments

Fintech Finance

Open Banking fintech, Yavrio , has announced it is now connected to corporate accounts at Wells Fargo, J.P. Morgan, Citi Bank, Bank of America and U.S Bank, the five largest banks in the US, as it expands internationally. The fast-growing fintech has also introduced embedded ACH, RTP, FedNow and Wire payments across 9,600+ banks for customers in the U.S., enabling businesses to securely send funds from their payment journal to vendors via their bank account, streamlining the process for enhanced

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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

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.