Amazon debuts app for palm payment
Payments Dive
APRIL 7, 2024
The Amazon One app can be used to enter various locations, identify individuals, pay for items and access loyalty rewards.
Sun.Apr 07, 2024
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Unmasking the Threat of Deepfake Scams in the Financial Sector of Asia
Fintech News
APRIL 7, 2024
In the contemporary digital world, the proliferation of deepfake technology and generative AI heralds an era fraught with online scam challenges, notably within the financial sector in Asia. This burgeoning technology, characterized by its ability to create indistinguishably fraudulent audio and visual content, not only complicates the process of identity verification but also emboldens cybercriminals, precipitating substantial financial losses.
Fintech representation in YC’s Demo Days is definitely shrinking
TechCrunch Fintech
APRIL 7, 2024
Welcome to TechCrunch Fintech! This week, we’re looking at just how many fintech companies made it into Y Combinator’s Winter 2024 cohort, how much funding slid in the first quarter, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:00 a.m. PT, subscribe […] © 2024 TechCrunch.
Ripple Plans to Launch USD-Pegged Stablecoin
Fintech News
APRIL 7, 2024
Ripple, a provider of enterprise blockchain and crypto solutions, plans to introduce a stablecoin tied directly to the US dollar (USD), pending regulatory approvals. This forthcoming stablecoin is set to be fully backed by a mix of US dollar deposits, short-term US government securities, and similar cash equivalents, with a rigorous auditing process in place by an independent accounting firm.
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
Checkout Experience Simplified Following Skipify and Visa Partnership
The Fintech Times
APRIL 7, 2024
The payments process can often be arduous and infuriating when unforeseen complications arise. Looking to ensure a checkout experience is as seamless as possible, Skipify , the checkout fintech specialist, has partnered with Visa through the Visa Digital Commerce programme to simplify and accelerate the payment process. By combining Visa’s extensive digital payments expertise with Skipify’s digital wallet, Skipify is poised to deliver convenience and security to consumers at checkout.
TerraPay Gets MAS Green Light for Payment License
Fintech News
APRIL 7, 2024
Payments infrastructure company TerraPay has been awarded a Major Payment Institution (MPI) License by the Monetary Authority of Singapore (MAS). With this new license, TerraPay now has 11 licenses and 19 approvals across 30 international markets. The MAS license enables TerraPay to expand its payment services in Singapore, including account issuance, domestic and international money transfers, merchant acquisition, and e-money issuance.
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Xoom Users Can Now Use PayPal’s Stablecoin for Cross-Border Transfers
Fintech News
APRIL 7, 2024
Xoom, a subsidiary of PayPal specialising in cross-border money transfers, has enabled U.S. customers to utilise PayPal USD (PYUSD) , a stablecoin pegged to the U.S. dollar, for international remittances. This addition enables users to convert PYUSD into U.S. dollars within their PayPal Cryptocurrency Hub and send it to recipients in about 160 countries without incurring Xoom ‘s transaction fees.
Mastercard launches additional cardholder capabilities
The Paypers
APRIL 7, 2024
US-based payment technology corporation Mastercard has announced additional credit card benefits to improve health, travel, and lifestyle rewards for consumers and SMEs.
ADB to Support Finance Ministers with New ASEAN Climate Finance Platform
Fintech News
APRIL 7, 2024
The Asian Development Bank (ADB) is set to introduce an ASEAN Climate Finance Policy Platform, aimed at aiding finance ministers in Southeast Asia to collectively tackle climate change. Masatsugu Asakawa This announcement was made by ADB President Masatsugu Asakawa, highlighting the urgent need for regional action on climate issues. He added, “Climate change is the most urgent issue facing Southeast Asia.
Best Practices for a Faster Close: Modernise With FloQast
FloQast
APRIL 7, 2024
The close is one of the most critical periods in every company’s monthly (and yearly) schedule, so delays or inefficiencies can be particularly frustrating and pile pressure on accounting teams. The challenges of the close typically stem from a reliance on outdated manual processes, including the use of Excel spreadsheets to track and manage critical tasks, the late submission of reports from external providers, and a lack of visibility into the impact of delays on the overall close deadline.
7 Essential Criteria for Choosing the Right Payments Partner
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.
Crypto Trading Firm GSR Granted Full License in Singapore
Fintech News
APRIL 7, 2024
GSR, a global cryptocurrency trading firm and liquidity provider, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). This license allows its subsidiary, GSR Markets Pte. Ltd., located in Singapore, to provide digital payment token services. The firm first received in-principle approval for the MPI license from MAS in September 2023.
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