Fintech News

JANUARY 7, 2024

Indonesian agritech startup Semaai has secured US$4.7 million in a pre-series A funding round led by CyberAgent Capital, bringing its total funds raised to US$ 7.6 million. The raise was also joined by Sumitomo Corporation Equity Asia, Ruvento, MyAsiaVC, and Heracles Ventures. With the newly acquired funds, Semaai plans to forge collaborations with fintech institutions, focusing on advanced financial solutions to support the agricultural community.

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FinTech Volume Acquirers Addressing 115

TechCrunch Fintech

JANUARY 7, 2024

We started the year with news of a couple of new venture funds that will be writing checks into fintech startups. © 2023 TechCrunch. All rights reserved. For personal use only.

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FinTech Checks 101

Fintech News

JANUARY 7, 2024

Indonesian fintech company KOMUNAL has secured US$ 5.5 million in a Series A+ funding round led by Sumitomo Corporation Equity Asia. The fundraise also saw participation from several venture capital firms including Jafco Asia, Skystar Capital, Sovereign Capital, and Gobi Partners. This funding boost comes after KOMUNAL’s operational profitability in the second half of 2023.

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Financial Inclusion Underserved Participant Regulations 115

Finextra

JANUARY 7, 2024

Brazilian digital banking behemoth Nubank is stepping up its presence in Colombia after receiving approval from authorities to operate as a financing company in the country.

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Authorization Finance 64

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

JANUARY 7, 2024

Indian digital payments company PhonePe has announced the appointment of Ritesh Pai as the new CEO of its International Payments division. In his previous role at TerraPay, Pai served as President of Products and Solutions, where he played a key role in the global implementation of payment products and solutions. Before TerraPay, he held the position of Senior Group President and Chief Digital Officer at Yes Bank, focusing on digital strategy and transformation, and launching successful partners

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International Payments Payments Digital Payments Product 111

The Fintech Times

JANUARY 7, 2024

Previous research has suggested that a variety of payment options at checkout provides greater flexibility for customers, resulting in more completed purchases. Access PaySuite , the payroll software company, has found that a similar trend emerging in the insurance sector, especially when it comes to attracting Gen Z customers. The Access PaySuite study found that 80 per cent of Generation Z individuals agreed that diverse payment options would significantly influence their choice of insurance p

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Security Payments On-Demand Scams 59

Nanonets

JANUARY 7, 2024

In a year, a company may be receiving thousands of resumes from aspiring candidates. Larger companies may receive millions of resumes. It is necessary for them to build a database of resumes. Manually handling and organizing resumes and analyzing them to pick the right candidates is daunting. There is also an element of bias if individuals manually handle resumes.

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Rules Automation Database Process 52

Fintech News

JANUARY 7, 2024

Payments innovation in Indonesia holds significant promise for contributing to the nation’s economy and helping bring about a more inclusive, accessible, and equitable financial system. This system is also supporting the country’s digital economy and connecting Indonesians across its large geographically dispersed set of islands. But to fully realize the sector’s potential, stakeholders must focus on nurturing a robust ecosystem by enhancing capital access, attracting and retaining top talent an

Financial Inclusion 113

Financial Inclusion Innovation Payments NOV 113

Nanonets

JANUARY 7, 2024

In a year, a company may be receiving thousands of resumes from aspiring candidates. Larger companies may receive millions of resumes. It is necessary for them to build a database of resumes. Manually handling and organizing resumes and analyzing them to pick the right candidates is daunting. There is also an element of bias if individuals manually handle resumes.

Rules 52

Rules Database Adjustments Process 52

Fintech News

JANUARY 7, 2024

Wallex, an FX and payments specialist for B2B companies transacting in Asia, and International Payments Identity (iPiD) have announced a strategic partnership. Through this collaboration, iPiD will focus on providing comprehensive user verification and effective fraud prevention solutions, aiming to bolster security for Wallex’s customers. Hiro Kiga Hiro Kiga, Chief Executive Officer of Wallex said, “Wallex has always made it a mission to deliver greater speed, support and savings to our custome

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Cross-Border Payments Cross-Border Fraud Prevention Verification 105

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The Paypers

JANUARY 7, 2024

Middle East-based payments solutions provider Magnati has partnered with Oxinus Holdings to improve the payment landscape within the food and beverage industry.

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Payment Solutions Payments 41

Fintech News

JANUARY 7, 2024

A recent report by blockchain intelligence company TRM Labs reveals a concerning trend of crypto hacks by North Korea, who stole at least US$600 million in cryptocurrency in 2023. This figure might even reach around US$700 million if additional crypto hacks from the end of the year are confirmed to be linked to North Korea. Although this represents a decrease from the US$850 million stolen in 2022, crypto hacks by North Korea still accounted for almost a third of all funds stolen in crypto attac

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OFAC Law Enforcement Money Laundering Cryptocurrency 107

The Paypers

JANUARY 7, 2024

OneID has announced a new partnership with credit reference agency AperiData to provide customers with instant, responsible, and ethical credit decisions.

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Fintech News

JANUARY 7, 2024

Vietnam’s Lien Viet Post Joint Stock Commercial Bank (LPBank) has partnered with financial software provider Finastra and NGS Equipment and Communication Joint Stock Company (NGS) to enhance its treasury operations. The move is aimed at improving the bank’s operational efficiency and governance through Finastra’s treasury solution, Kondor.

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Treasury Risk Management Agreements On-Demand 105

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

JANUARY 7, 2024

Despite a recent surge in Bitcoin prices, crypto hiring trends indicate that recruitment in the cryptocurrency sector is not increasing at the same pace, according to Bloomberg. In December, job listings related to cryptocurrencies on LinkedIn saw a 57% drop compared to the previous year. This decline was slightly less severe than November’s 71% year-over-year decrease.

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Bitcoin Cryptocurrency Volume FinTech 103

Fintech News

JANUARY 7, 2024

Vietnam’s Lien Viet Post Joint Stock Commercial Bank (LPBank) has partnered with financial software provider Finastra and NGS Equipment and Communication Joint Stock Company (NGS) to enhance its treasury operations. The move is aimed at improving the bank’s operational efficiency and governance through Finastra’s treasury solution, Kondor.

Treasury 93

Treasury Risk Management Agreements Volume 93

Fintech News

JANUARY 7, 2024

Indonesian agritech startup Semaai has secured US$4.7 million in a pre-series A funding round led by CyberAgent Capital, bringing its total funds raised to US$ 7.6 million. The raise was also joined by Sumitomo Corporation Equity Asia, Ruvento, MyAsiaVC, and Heracles Ventures. With the newly acquired funds, Semaai plans to forge collaborations with fintech institutions, focusing on advanced financial solutions to support the agricultural community.

FinTech 93

FinTech Volume Acquirers Addressing 93