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.

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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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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 106

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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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

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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NACHA

OCTOBER 20, 2024

Nacha Announces LexisNexis® Risk Solutions as Preferred Partner for Official Registrar of Routing Numbers mkahn@nacha.

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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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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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