Fintech News

OCTOBER 20, 2024

DBS Bank has introduced DBS Token Services, a suite of banking services that uses blockchain technology to offer faster and more efficient transactions for institutional clients. The new services allow for 24/7 real-time settlement of payments and utilise smart contracts to increase security and transparency. This blockchain service operates through DBS’s permissioned blockchain, ensuring full control while maintaining compliance.

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Blockchain Innovation Liquidity Management Multi-Currency 91

Finextra

OCTOBER 20, 2024

Singapore's DBS has integrated a suite of blockchain-powered capabilities within its core transaction banking services for institutional clients.

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Blockchain Transactions 81

Fintech News

OCTOBER 20, 2024

Nium, a global payments infrastructure provider, announced that financial institutions can now connect to its real-time payments network using their existing Swift infrastructure. This eliminates the need for complex and costly API integrations, making cross-border payments faster and more affordable. By utilising Swift MT and ISO 20022 messaging formats, Nium enables seamless connectivity for banks, facilitating quicker settlements and enhanced transparency.

Cross-Border Payments 69

Cross-Border Payments Cross-Border ISO 20022 SWIFT 69

Finextra

OCTOBER 20, 2024

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.

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AFP Treasury Management Treasury Automation 59

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

Fintech News

OCTOBER 20, 2024

OCBC Bank has officially launched a new bank account designed specifically for children and teenagers aged 7 to 15. The OCBC MyOwn Account allows young people to manage their finances through the OCBC app, with parental controls in place. Following a soft launch on 15 October, the OCBC MyOwn Account has already generated significant interest, with nearly 8,000 pre-registrations.

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Accounts Financial Literacy Debit Card Finance 61

The Fintech Times

OCTOBER 20, 2024

ZainTECH , the integrated digital solutions provider of Zain Group, has forged a partnership with Urbi, the developer of a geo-platform that integrates data, algorithms and tools to address challenges in mapping, location data, navigation and spatial analysis. Signed at GITEX Global in Dubai, where ZainTECH exhibited for the second successive year, the partnership provided the MENA region with innovative geospatial solutions as ZainTECH looks to leverage its digital solutions with Urbi’s

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Innovation Risk Management Assessments Blockchain 52

The Paypers

OCTOBER 20, 2024

Capital One has partnered with Minna Technologies to become the first major US credit card issuer to offer subscription management tools in its banking app.

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Card Issuer Technology Issuers Credit Cards 36

The Fintech Times

OCTOBER 20, 2024

Global payments giant Visa is introducing a “new and supercharged” Visa Direct, by combining four previously standalone money movement capabilities into a single portfolio. In a move to improve the way individuals, businesses and governments move money, Visa is combining the reach, expertise, acquisitions and technology of Visa B2B Connect, Currencycloud, YellowPepper and Visa Direct into one portfolio. “The portfolio offers an end-to-end and modular approach so you can move m

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G2C Cross-Border B2C B2B 52