Sun.Dec 17, 2023

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From Legacy to a Thriving Financial Services Ecosystem

Fintech News

Traditional banking systems, burdened by age and complexity, can cripple innovation, restrain time to value, and strain customer relationships. This is not an isolated challenge; many incumbent banks struggle to keep ownership and maintenance costs in check and swiftly expand product offerings to compete with nimble challenger banks. Digital transformation is no longer a choice; it’s a lifeline.

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Fintech’s wild ride in 2023

TechCrunch Fintech

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! What a year This is the last edition of The Interchange for 2023 — it’s hard to believe that the […] © 2023 TechCrunch. All rights reserved. For personal use only.

FinTech 117
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Paywatch Eyes Expansion in Thailand and Vietnam for 2024

Fintech News

Paywatch, an earned wage access (EWA) provider, announced that it has officially expanded its services into Indonesia following its Philippines’ launch in October this year The firm revealed that it had recently partnered with an unnamed local banking partner to launch its bank-backed EWA service in Indonesia. Since the launch of that partnership, Paywatch said that it has grown within the local manufacturing and financial sectors.

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NDTI: Guiding the Next Wave of UAE Innovators to Global Influence

The Fintech Times

The UAE has established itself as a frontrunner in the fintech innovation space, boasting a market currently valued at $39.3billion in terms of transaction value, as reported by Mordor Intelligence. Emirates NBD , a banking group in the MENAT region, aims to further bolster and expedite this growth with the launch of its National Digital Talent Incubator (NDTI) programme.

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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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DBS Foundation Partners with IMDA to Drive Digital Inclusion in Singapore

Fintech News

DBS Foundation has entered into a partnership with the Infocomm Media Development Authority (IMDA) to promote digital inclusion in Singapore. Despite Singapore’s ongoing efforts to create a digitally inclusive society, disparities persist among various demographic groups, including age, income, and persons with disabilities, particularly in the areas of digital skills and technology usage.

Non-Bank 102
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CFIT Coalition Makes Strides in Unleashing the Potential of Open Finance

The Fintech Times

Open finance’s data-driven approach is set to democratise credit access, offering previously underserved consumers and SMEs newfound financial opportunities, according to Centre for Finance, Innovation and Technology (CFIT). However, as its research reveals, several current limitations must be addressed to fully harness open finance’s potential.

Finance 64

More Trending

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Indonesia Hosts Second Highest Number of Fintech Unicorns in Southeast Asia

Fintech News

Across Southeast Asia, Indonesia is rapidly emerging as a prominent fintech hub, a burgeoning industry that’s been growing on the back of economic growth, increased technology adoption and government support for fintech development. Data from market intelligence firm CB Insights reveal that Indonesia is currently home to seven unicorn startups, among which four fintech companies.

FinTech 52
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What is Sendgrid? A Guide to Email Automation

Nanonets

Despite the growing popularity of instant messaging services, Email continues to be an important mode of communication, especially in the business scenario.  In 2023, 4.37 billion people around the globe sent 347.3 billion emails every day. The working of email is fairly simple - when an email is sent, it is initially directed to the Simple Mail Transfer Protocol (SMTP) for verification and storage.

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Why Do Airlines Have the Highest Cart Abandonment Rate?

Inai

According to Statista, the airline industry has one of the highest cart abandonment rates across industries at 90% as of 2022. Sadly, this is not something to be proud of.

Process 52
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Driving towards in-car payments

Finextra

One of the areas gaining considerable attention in the automotive industry is in-car payments. Many.

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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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Xalient acquires digital identity company Grabowsky

The Paypers

UK-based IT consulting company Xalient has bought digital identity business Grabowsky to strengthen its position as an identity and access management (IAM) provider.

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UK Finance Annual Mortgage Dinner and The New Mortgage Charter

Finextra

An exhilarating evening was held with the members of the mortgage industry on 12 December with peopl.

Finance 52
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Treyd launches inventory financing to Irish SMEs

The Paypers

Sweden-based fintech Treyd has announced the launch of its ‘sell first, pay for suppliers later’ solution to inventory SMEs across Ireland.

Finance 41
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TD Bank Group and Plaid Forge Data-Access Agreement in North America

The Fintech Times

TD Bank Group (TD) and Plaid have inked a North American data-access agreement aimed at enhancing financial data connectivity for TD customers in Canada and the US. This partnership empowers TD customers to securely link and share their financial data with Plaid’s data network, comprising over 8,000 apps and services. TD customers have the capability to access a wide array of applications and services within Plaid’s network through application programming interfaces (APIs).

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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