Sun.Sep 08, 2024

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Brazil preps new round of CBDC pilots

Finextra

Google, Visa and Nubank are among the big names selected to take part on the second round pilots for Brazil's Drex CBDC project.

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Indonesia’s Krom Bank Taps AWS Cloud Expand Its Digital Banking Services

Fintech News

Krom Bank, a youth-focused Indonesian digital bank that is a part of Kredivo Group , is utilising Amazon Web Services (AWS) to enhance its digital banking services in Indonesia. With 74% of the Indonesian population lacking access to traditional banking, Krom Bank aims to bridge this gap by offering personalised financial services through its mobile app.

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New Payment Options to Drive E-commerce to $11.4 Trillion by 2029

Payments Next

By Douglas Hall, founder & CEO, EQUE Corp A new study from Juniper Research predicts global e-commerce transactions will hit $11.4 trillion The post New Payment Options to Drive E-commerce to $11.4 Trillion by 2029 first appeared on Payments NEXT.

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Vietnam’s Zalopay Eyes Expansion Beyond E-wallet Into Lending, Investments

Fintech News

Zalopay, the financial arm of Vietnamese tech giant VNG, is pivoting from an e-wallet to become an open payment platform model, according to DealStreetAsia. This shift will enable Zalopay to offer a wider array of financial services, including lending and investment products, as the e-wallet landscape faces growing competition from mobile banking apps and the VietQR system.

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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

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Ultimate events guide for card issuers and payments professionals in 2024-2025

The Payments Association

Explore the must-attend conferences and expos for card issuers and payments professionals to stay ahead of industry trends and enhance networking opportunities.

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JST Digital’s Singapore Arm Gets In-Principle Approval for Crypto Payment Services

Fintech News

JST Digital, a financial services firm focused on digital assets, announced that its Singapore subsidiary has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) licence. This licence will allow the company to offer digital payment token services under Singapore’s regulatory framework.

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Calvin Ong to Lead DBS Consumer Banking in Singapore from 2025

Fintech News

DBS has announced that Calvin Ong will take over as Head of Consumer Banking Singapore starting from 1 January 2025. Calvin Ong Ong, currently the Head of Investment Products & Advisory at DBS , has been with the bank since 2007, holding various roles in Corporate Treasury and Wealth Management. In his new role, Ong will oversee DBS/POSB’s consumer banking and wealth management services, focusing on enhancing both digital and physical customer touchpoints.

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Lithic Reduces Challenges Surrouding Currency Conversion With Expansion Into Canada

The Fintech Times

Lithic , the card-issuing technology company, is expanding its services to Canada, marking the company’s first entry into a non-US market. The announcement will see Lithic enable businesses to grow using its card programmes while allowing them to move money more easily. Furthermore, the expansion will see the card issuing firm introduce new multicurrency processing capabilities, enabling firms to manage transactions in multiple currencies.

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Sponsor's message: [New Whitepaper] Beyond Tomorrow In The Capital Markets

Finextra

Technology has long been transforming the capital markets industry, but the tides are changing for what is considered success. Now more than ever, firms need to prioritise operational resilience. Technological advances are indisputably reshaping how firms in the capital markets operate, however, as the reliance on technology grows, so does the impact of glitches and outages when they occur.

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Binance Secures Trust and Security in Kazakhstan With Regulatory Licence From AFSA

The Fintech Times

Binance , the global blockchain ecosystem and crypto exchange, is extending its footprint in Kazakhstan as it announces Binance Kazakhstan has received a full regulatory licence from the Astana Financial Services Authority (AFSA). As a result of this new licence, Binance Kazakhstan is one step closer to becoming the first digital asset trading facility (DATF) operator to be fully regulated in the country.

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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.

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Use Case of Claims Management System in Insurance Business?

Finextra

Claims management software is revolutionizing the insurance industry. These advanced digital tools a.

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Outpayce Partners With International Air Transport Association to Bring A2A Payments to Airlines

The Fintech Times

The International Air Transport Association (IATA) and travel payment solution provider, Outpayce , are partnering to enable airlines across the globe to accept account-to-account payments. That’s why IATA and Outpayce are partnering so airlines can now accept payments made with IATA Pay through Outpayce’s Xchange Payments Platform (XPP). The news comes as airlines worldwide continue to explore how they can reduce the overall cost of payments, while meeting the needs of travellers to the best of

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The Top 4 APAC Insurtechs According to CB Insights

Fintech News

Four startups from Asia-Pacific (APAC) have been featured in the 2024 CB Insights Insurtech 50 , earning recognition as among the world’s most promising private insurtech companies. The annual Insurtech 50 list showcases the top 50 insurtech startups globally, selected based on comprehensive CB Insights datasets. These datasets consider factors such as deal activity, industry partnerships, team strength, investor backing, patent activity, employee headcount, and proprietary algorithms that asses

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