The Fintech Times

MARCH 18, 2024

Blockchain, heralded for its potential to transform industries, is currently undergoing a divergence from its original vision, marked by a prioritisation of speculative interests over core principles like scalability and decentralisation. Calvin Ayre, venture capitalist and founder of Ayre Group, a global enterprise supporting real estate projects, businesses, and technologies, shares insights centred on the BSV Blockchain’s Teranode scaling solution.

Blockchain 145

Blockchain Web 3.0 Technology TPS 145

Payments Dive

MARCH 18, 2024

Soon, all payments will begin and end with software. Which innovations should companies prioritize now?

Finance 158

Finance Innovation Payments 158

Finextra

MARCH 18, 2024

The Monzo mafia are back in business, with former co-founder Jonas Templestein and ex-VP of architecture Oliver Beattie on the hunt for funds for a new startup that aims to build generative AI coding tools.

AI 124

AI 124

Fintech News

MARCH 18, 2024

Southeast Asian ride-hailing super app Grab has teamed up with licensed crypto payments provider Triple-A to introduce a feature that allows its users to top up their GrabPay Wallets using Digital Payment Tokens. This initiative aims to offer users more convenience by enabling the conversion of digital currencies, like stablecoins, into spendable funds within their GrabPay Wallets.

Stablecoins 125

Stablecoins Digital Currency Blockchain On-Demand 125

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

Finextra

MARCH 18, 2024

Commercial Bank of Ethiopia has lost more than £31 million after a technical glitch let customers withdraw and transfer money that was not in their accounts.

Accounts 126

Accounts 126

Fintech News

MARCH 18, 2024

The global flirtation with Buy Now Pay Later (BNPL) services seems to be coming undone, as new data on consumer payments unveils a significant drop in the appetite for this contentious credit payment approach. BNPL experienced a surge and became the favourite of venture capitalists during lockdowns as e-commerce shoppers, idle at home, seized the opportunity of short-term finance to distribute the expense of both impromptu and deliberate online buys across several payments.

BNPL 123

BNPL Void On-Demand Underwriting 123

TechCrunch Fintech

MARCH 18, 2024

Miami-based Onyx Private, a Y Combinator-backed digital bank that provided banking and investment services for high-earning Millennials and Gen Zers, is terminating its bank operations. In a March 13 email to a customer viewed by TechCrunch, with a subject line that read: “Important Notice: Termination of Bank Operations and Account Closure” Onyx wrote, “We are […] © 2024 TechCrunch.

Accounts 109

Accounts FinTech 109

Finextra

MARCH 18, 2024

Fresh from completing a $400 million funding round, digital bank Monzo is reputedly in talks to sell an additional $50 million stake to one of Singapore's sovereign funds.

112

112

Fintech News

MARCH 18, 2024

Payment giant Mastercard has announced a new partnership with Ant Group’s digital open platform Alipa y to expand its cross-border payment services to facilitate quicker and more secure money transfers to China. Mastercard’s initiative is expected to be a boon for consumers seeking reliable ways to conduct global transactions. According to the company’s Borderless Payments Report , a majority of consumers expressed a preference for online international payments, citing speed an

Visa 112

Visa Cross-Border Payments Cross-Border Security 112

The Payments Association

MARCH 18, 2024

Exploring how to combat AI-powered identity fraud without reverting to outdated physical verification methods, amidst a rising tide of sophisticated fake ID creation tools Read more

AI 88

AI Verification Financial Crimes Crime 88

Advertisement

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?

Use Case

The Fintech Times

MARCH 18, 2024

Ant International , the Asia-based one-stop digital payment and financial services platform for SMEs, is kicking off a global campaign to engage with fans globally in the lead-up to UEFA EURO 2024 , of which it is an official partner. Taking place from 14 June to 14 July, UEFA EURO 2024 will hit ten host cities around Germany, culminating in the finals at the Olympiastadion in Berlin.

Cross-Border 105

Cross-Border Online and Mobile Banking eWallet Mobile Payments 105

The Payments Association

MARCH 18, 2024

In this article, Garri Galanter, CEO of Salt Edge, delves into the world of open banking and the misconceptions surrounding its security. As the CEO of Salt Edge, a pioneer in open banking solutions, he has had the privilege of witnessing the infancy of this groundbreaking technology. However, Garri has also encountered several myths that hinder its widespread adoption.

Security 88

Security Technology 88

Finextra

MARCH 18, 2024

Lond-based LHV Bank has signed a deal with OpenAI to licence ChatGPT Enterprise, providing unlimited access to the GenAI toolset for all of its employees.

111

111

The Payments Association

MARCH 18, 2024

NatWest has announced a strategic minority investment in Icon Solutions, a fintech provider of payments technology and consultancy services. The investment follows the news last September that NatWest selected Icon Solutions Payments Framework (IPF) to accelerate the bank’s payments modernisation.

Consulting 88

Consulting Payments FinTech Technology 88

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

MARCH 18, 2024

Southeast Asian ride-hailing super app Grab has teamed up with licensed crypto payments provider Triple-A to introduce a feature that allows its users to top up their GrabPay Wallets using Digital Payment Tokens. This top-up method went live on 12 March 2024. This initiative aims to offer users more convenience by enabling the conversion of digital currencies into spendable funds within their GrabPay Wallets.

Stablecoins 109

Stablecoins Digital Currency Non-Bank Blockchain 109

The Payments Association

MARCH 18, 2024

Leaders of companies operating in the payment technology landscape are well-accustomed to the challenges of complex regulations set by various governing bodies. Whether the companies are established financial institutions or agile fintech start-ups, navigating this terrain requires much effort.

Compliance 88

Compliance Innovation Regulations Government 88

Finextra

MARCH 18, 2024

The Universal Digital Payments Network (UDPN) has launched a digital currency sandbox for both commercial and central banks.

Digital Currency 124

Digital Currency Central Bank Payment Networks Digital Payments 124

Payments Dive

MARCH 18, 2024

The company, which provides point-of-sale payments and other technology services to merchants, isn’t interested in handling acquiring, said President Chris Kronenthal.

Gateways 88

Gateways Acquirers Technology Payments 88

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

Finextra

MARCH 18, 2024

In honour of Sign Language week, Nationwide has rolled out a new digital service for deaf customers by providing its website in British Sign Language (BSL).

108

108

DeckCommerce

MARCH 18, 2024

As digital marketplaces expand and consumer preferences shift towards convenience, DTC businesses must evolve or risk obsolescence. Optimizing and automating fulfillment processes is the key to maintaining competitiveness in the eCommerce space. However, achieving automated order fulfillment is no easy feat. This is where scalable order management solutions come into play.

Automation 98

Automation Risk Process Consumer 98

Finextra

MARCH 18, 2024

Shift4 Payments' CEO is Jared Isaacman is said to be distinctly unimpressed by the valuations placed on the firm from potential acquirers.

Payments 111

Payments Acquirers 111

Payments Dive

MARCH 18, 2024

The Canadian payments company confirmed it’s in talks about a potential transaction with a third party, noting the committee will explore possibilities.

Transactions 88

Transactions Payments 88

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

Finextra

MARCH 18, 2024

As it closes in on profitability, London-based buy now, pay later outfit Zilch is eying a 2025 initial public offering.

120

120

Fintech News

MARCH 18, 2024

A recent study by Broadridge Financial Solutions reveals that the gap in digital maturity among financial institutions is widening, despite a strong push towards digital transformation and 75% of executives expressing confidence in their technological roadmap. This disparity emerges as firms navigate new challenges and opportunities presented by technologies such as Generative AI, along with increasing cybersecurity concerns and the demand for digital-first customer experiences.

Cybersecurity 102

Cybersecurity AI Blockchain On-Demand 102

Payments Dive

MARCH 18, 2024

The card-issuing fintech has seen adoption of its debit card-linked EWA product increase as hourly workers at Walmart and Uber have been added, CFO Mike Milotich said.

Debit Card 78

Debit Card FinTech Product 78

Fintech News

MARCH 18, 2024

Fintech startups in Thailand are poised for success with real-time transactions are being adopted at a faster than anywhere else in Southeast Asia, cashless payments have reached ubiquity and digital lending is emerging as a compelling alternative to traditional lenders for rural populations, a 2023 report by Wing Vasiksiri and Ravenry reveals. The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time

FinTech 102

FinTech Online and Mobile Banking Blockchain Product 102

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.

AI

Finextra

MARCH 18, 2024

Nasdaq-listed Canadian fintech Nuvei has confirmed that it is in talks over a potential going-private transaction.

Transactions 111

Transactions FinTech 111

Fintech News

MARCH 18, 2024

Homegrown financial services company Singapore Life Holdings (Singlife) is now officially a fully-owned subsidiary of the Japanese insurance giant, Sumitomo Life. The acquisition deal was greenlit by regulators in both Singapore and Japan on 22 December 2023. The deal values Singlife at S$4.6 billion, marking it as one of the largest insurance deals in Southeast Asia to date.

Acquirers 100

Acquirers Agreements Addressing Regulations 100

Bank Automation

MARCH 18, 2024

In the dynamic world of financial services, the need for rapid and precise credit decisions has never been more crucial. This demand is driving a transformative shift towards leveraging Artificial Intelligence (AI) and automation to redefine credit and risk assessment strategies.

Credit Risk 83

Credit Risk Automation AI Risk 83

Fintech News

MARCH 18, 2024

British digital bank Monzo is reportedly in the advanced stages of discussions to raise around US$50 million through the issuance of new shares to Singaporean sovereign wealth fund GIC. According to an exclusive by The Sky News, the official announcement could be released in the coming weeks. Just earlier this month, Monzo raised US$430 million which pushed its valuation to US$5 billion.

Accounts 99

Accounts FinTech Posting Product 99

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.

Payments