Bank Automation

JANUARY 2, 2024

Industry experts predict adoption of real-time payments as well as the increased use of FedNow and digital wallets in 2024 as consumer demand for instant payments continues to grow.

Payments Trends 130

Payments Trends FedNow Real Time Payments Instant Payments 130

Basis Theory

JANUARY 2, 2024

What is Vendor Lock-in? Vendor lock-in describes a situation where a customer becomes entirely dependent on a specific vendor for products or services, and switching to another vendor becomes prohibitively difficult or expensive.

Payment Service Provider (PSP) 100

Payment Service Provider (PSP) Service Provider Payments Product 100

TechCrunch Fintech

JANUARY 2, 2024

Ruth Foxe Blader has left her role as partner at Anthemis Group after nearly seven years to start her own venture firm, Foxe Capital, TechCrunch learned exclusively today. Blader is joined by former Anthemis investment associate Kyle Perez. Sophie Winwood is serving as an operating partner. Winwood previously co-founded WVC:E, an organization that pledges to […] © 2023 TechCrunch.

FinTech 118

FinTech 118

Fintech News

JANUARY 2, 2024

Bank of Ayudhya (Krungsri), a part of Mitsubishi UFJ Financial Group (MUFG), has recently expanded its services in the ASEAN region by launching cross-border QR payments between Thailand and Hong Kong. Travelers from Thailand and Hong Kong can make payments by using mobile payment apps to scan Hong Kong’s FPS QR code and Thailand’s PromptPay QR Code displayed at the merchants’ point of sale.

Cross-Border 118

Cross-Border Payments Credit Cards Authorization 118

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

JANUARY 2, 2024

HSBC is looking to take on money transfer behemoth Wise with the launch of a global currency conversion app.

143

143

Fintech News

JANUARY 2, 2024

Singapore-based multi-currency e-wallet YouTrip has announced a substantial increase in wallet holding and spending limits for its users effective immediately. YouTrip users can now hold up to S$20,000 in their wallets, a significant jump from the previous S$5,000 limit, and have access to an annual spending limit of S$100,000, previously capped at S$30,000.

Caps 101

Caps Multi-Currency Transaction Limits Scams 101

Finextra

JANUARY 2, 2024

Resilience is a process and an outcome of effectively adjusting to life's challenges and adversities.

Adjustments 111

Adjustments Process 111

Fintech News

JANUARY 2, 2024

DBS Group announced its intention to raise its stake in China’s Shenzen Rural Commercial Bank, a move valued at S$376 million (approximately US$285 million), according to Reuters. The transaction is subject to regulatory approvals. The bank is set to increase its ownership in the Chinese bank from 13% to 16.69%. This expansion will involve the acquisition of 383.6 million shares at a price of 5.52 yuan per share, with the bank financing the transaction using its internal cash reserves.

Returns 87

Returns Transactions Finance FinTech 87

Bank Automation

JANUARY 2, 2024

Valley Bank is exploring generative AI, expanding machine learning operations and paying keen attention to data throughout the bank’s operations. Chief Data and Analytics Officer Sanjay Sidhwani joined the $61 billion, Morristown, N.J.-based bank in April in the new position.

AI 80

AI 80

Finextra

JANUARY 2, 2024

The United Nations and European Union are backing two private sector fintechs working to bring down the cost of remittances in Southern Africa.

FinTech 85

FinTech 85

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

Bank Automation

JANUARY 2, 2024

HSBC Holdings Plc is set to debut an international payments app aimed at directly challenging the dominance of fintechs like Revolut and Wise Plc that have gathered tens of millions of retail customers by offering cheap foreign exchange.

International Payments 78

International Payments FinTech Payments 78

Finextra

JANUARY 2, 2024

USD Coin issuer Circle has secured conditional Digital Asset Service Provider registration from French authorities and appointed JP Morgan and PayPal veteran Coralie Billmann to spearhead its operations in the country.

Issuers 72

Issuers PayPal Authorization Service Provider 72

The Fintech Times

JANUARY 2, 2024

Artificial intelligence (AI) is transforming the credit industry, swinging power back to consumers and away from the credit bureaus for the first time ever. Highlighting the significance of credit scores in 2023 and the challenges consumers face in understanding and improving their credit is Adrian Nazari , founder and CEO of Credit Sesame , a personal finance company that helps consumers manage their credit and credit decisions.

AI 70

AI Consumer Financial Protection Bureau (CFPB) Advisors Finance 70

Finextra

JANUARY 2, 2024

A thought on the PSR’s recent statement on APP reimbursement policy: Under the Consumer Standard of.

Consumer 98

Consumer 98

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

The Fintech Times

JANUARY 2, 2024

As innovation continues in the virtual asset space, regulatory authorities in Hong Kong have proposed new regulatory rules for stablecoin issuers. The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority ( HKMA ) jointly issued a public consultation paper on 27 December 2023 regarding a new legislative proposal for implementing the regulatory regime for stablecoin issuers in Hong Kong.

Stablecoins 67

Stablecoins Issuers Consulting Authorization 67

Finovate

JANUARY 2, 2024

Last month we shared the first round of demoing companies to make the cut for FinovateEurope 2024. With more names on the way, we wanted to take a moment to highlight the return of three alums who will be demoing their latest fintech innovation live on stage in London next month, February 27 through 28. NayaOne: De-risking innovation and facilitating partnership A Best of Show winner in its Finovate debut last year, NayaOne offers a secure, Digital Sandbox platform that helps banks take the risk

Returns 59

Returns Innovation Push-to-Card Facilitators 59

The Fintech Times

JANUARY 2, 2024

In H1 2023, only 2.2 per cent of venture capital deals were completed by female-driven fintechs: a harsh drop from 4.9 per cent in 2022. Highlighting ways in which this alarming gap in investment can be closed, we spoke to Vivi Friedgut , founder and CEO of Blackbullion. Vivi Friedgut, Founder and CEO of Blackbullion A former wealth manager, Friedgut is a regular public speaker, author and passionate advocate of fintech for good.

Financial Inclusion 67

Financial Inclusion Due Diligence FinTech Financial Literacy 67

Finovate

JANUARY 2, 2024

HSBC announced the launch of a new money transfer and currency conversion app and debit card, Zing, this week. Available in both iOS and Android, the app enables users to hold up to 10 different currencies and make transactions in local currency, avoiding point of sale currency conversion fees. Zing was founded by HSBC head of FX and Payments James Allan.

Debit Card 59

Debit Card Non-Bank International Payments Transactions 59

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

Neopay

JANUARY 2, 2024

In an exclusive interview with Neopay’s Consultancy Manager, Margita Layne, we delve into the pivotal role of internal and external monitoring in ensuring regulatory compliance within the financial services sector. Margita, drawing from her extensive experience as a former MLRO and Head of Compliance in the payment sector, sheds light on the challenges commonly faced by companies and explores the critical significance of internal controls.

Regulatory Compliance 59

Regulatory Compliance Compliance Audit Procedures 59

Nomentia

JANUARY 2, 2024

With complex global operations, decentralized ways of working across treasury , finance, and accounting, lack of process automation, and security concerns on the rise, you may be considering a payment hub for your enterprise. When juggling multiple priorities and all the operational tasks already stretching your organization, the implementation project may seem dreadful.

Treasury 59

Treasury Payments Automation Finance 59

Fintech Finance

JANUARY 2, 2024

StoneX has announced that it is one of the first financial organizations to enable Swift ’s new leading-edge solution for cross-border payments. Cross-border payments have long been a complex area marked by ongoing regulatory and compliance changes, bank offline hours, and increasing competition. Swift has consistently played a pivotal role in facilitating such transactions, connecting a vast network of financial institutions as well as banks worldwide.

Cross-Border Payments 59

Cross-Border Payments Cross-Border SWIFT Verification 59

The Fintech Times

JANUARY 2, 2024

Zing , the international money fintech has started the new year with a bang as it launches in the UK. As international money transfers take on a bigger role in people’s lives, either for business or for personal reasons, the HSBC Group member has looked to simplify this task for UK residents. Spending both online and offline has been made easier following Zing’s expansion.

Multi-Currency 57

Multi-Currency Debit Card ATM SWIFT 57

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

Fintech News

JANUARY 2, 2024

DBS Group announced its intention to raise its stake in China’s Shenzhen Rural Commercial Bank, a move valued at S$376 million (approximately US$285 million), according to Reuters. The transaction is subject to regulatory approvals. The bank is set to increase its ownership in the Chinese bank from 13% to 16.69%. This expansion will involve the acquisition of 383.6 million shares at a price of 5.25 yuan per share, with the bank financing the transaction using its internal cash reserves.

Returns 52

Returns Transactions Finance FinTech 52

Finovate

JANUARY 2, 2024

Affirm has extended its partnership with Walmart to offer buy now, pay later (BNPL) tools at self-checkout stands. Shoppers can use Affirm to pay for non-grocery purchases ranging from $144 to $4,000 in monthly installments. Affirm also recently landed partnerships with Amazon and Google. BNPL heavyweight Affirm ended 2023 announcing an expansion of a partnership with one of its major customers.

BNPL 52

BNPL Social Security Credential Credit Cards 52

FloQast

JANUARY 2, 2024

Businesses that navigate the ever-changing risk management landscape are the ones that will be most likely to succeed. PWC’s 2022 Global Risk Survey reveals that organizations embracing risk management as a strategic organizational capability are twice as likely to expect revenue growth of 11% or more in the following year. Robust risk management capabilities help protect an organization from downside risks, enabling it to look forward and take appropriate risks in pursuing growth.

Risk Management 52

Risk Management ISOs Risk Mitigation 52

Fintech Finance

JANUARY 2, 2024

Circle , a global financial technology firm and the issuer of USDC and EURC, has today announced receipt of a conditional registration as a Digital Asset Service Provider (‘DASP’, or ‘Prestataire de Service sur Actifs Numériques’ (PSAN)) with the French Financial Markets Authority (‘Autorité des Marchés Financiers’ (AMF)). As further testament to the company’s commitment to France and the EU, Circle has also announced the selection of payments industry veteran Coralie Billmann to spearhead its l

Payment Service Provider (PSP) 52

Payment Service Provider (PSP) Security Privacy PayPal 52

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

JANUARY 2, 2024

StoneX has announced that it is one of the first financial organizations to enable Swift’s new leading-edge solution for cross-border payments.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Payments 59

Fintech Finance

JANUARY 2, 2024

In a move towards reshaping the future of fintech and digital payments in the Middle East and North Africa (MENA) restaurant industry, “Fawry,” the leading digital banking and payments technology company, proudly announces its strategic partnership with “Simple Touch,” a prominent player specializing in cutting-edge business management software and enterprise resource planning (ERP) solutions for the food and beverage sector across the region.

Digital Payments 52

Digital Payments Payments Innovation Agreements 52

Finextra

JANUARY 2, 2024

Watch this webinar and discover the secrets to choosing the right payment processor for your financial institution or fintech.

Processors 52

Processors Payments FinTech 52

Fintech Finance

JANUARY 2, 2024

The UK’s first travel debit card, Currensea , has saved travellers over £3 million in foreign exchange (FX) fees since its launch in 2020. The Currensea card saves at least 85% on every overseas transaction by cutting out the normal fees leveraged by banks. Currensea cards are now used globally every 10 seconds, with card usage doubling across 2023 compared to the previous year, as the UK’s appetite for travel returns alongside a growing awareness of high foreign exchange rates and a demand for

Debit Card 52

Debit Card On-Demand Returns Transactions 52

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