Sun.Aug 25, 2024

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Thailand’s 10,000-Baht Digital Wallet Handout to Begin in September

Fintech News

Thailand’s former Prime Minister Thaksin Shinawatra announced that the 10,000-baht handout under the digital wallet scheme will commence in September, with a focus on vulnerable groups in society, as reported by The Nation. Thaksin, speaking at a Nation Group event, highlighted that 13.5 million people in vulnerable categories, along with one million disabled citizens, would be the first recipients of the 10,000-baht handout.

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Bitsight Reveals New Asset Mapping Capabilities to Defend Against Cyber Attacks

The Fintech Times

Accurately identifying risks within cloud environments and effectively prioritising exposure data at scale are two of the most difficult challenges firms face when mapping their attack surface. Looking to lighten the burden, Bitsight , the cyber risk management firm has revealed its new asset mapping capabilities. These new services will allow firms to better manage vulnerabilities across their extended attack surface.

AI 62
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Investree Appoints Caretaker Team Amid Bad Loans, Legal Disputes

Fintech News

The beleaguered P2P lender Investree has established a caretaker team to manage its daily operations under the guidance of Indonesia’s Financial Services Authority (OJK). According to DealStreetAsia , this move comes as the company faces ongoing investigations and legal challenges from lenders. Investree stated that the new team is focused on gradually restoring limited operations, supported by an operational fund for collection activities.

Legal 103
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DBS pilot blockchain-based programmable grant disbursements

Finextra

Singapore's DBS has completed a pilot using blockchain technology for programmable government grant disbursements to businesses.

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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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Mathias Faure Takes on Expanded Role at audax, Leading Product and Tech

Fintech News

Mathias Faure has expanded his role at audax Financial Technology, adding the product portfolio to his responsibilities as he transitions to Chief Product and Technology Officer. audax aims to focus on enhancing collaboration between technology and product teams with this move. By unifying these functions under Faure’s leadership, audax is looking to accelerate product development and enhance customer value. audax was spun off by Standard Chartered’s SC Ventures in September last yea

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Embedded Finance: Security Challenges and Some Emerging Solutions

Finezza

The traditional banking setup has seen a complete overhaul with increasing technological advancements. It may seem like a new world, from loans in 59 minutes to digital wallets. All this has been made possible by embedded finance, which allows the integration of financial services into non-financial services. Its ecosystem is anticipated to grow at a […] The post Embedded Finance: Security Challenges and Some Emerging Solutions appeared first on Finezza Blog.

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SetldPay teams up with Tribe

The Paypers

Card scheme program manager SetldPay has announced that it selected Tribe Payments as its issuer processor provider, while also benefiting from its Risk Monitor and 3D Secure solutions.

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Tilt raises USD 18 million in Series A funding round

The Paypers

UK-based Tilt has announced the raise of USD 18 million in a Series A funding round, aimed at the process of developing its real-time shopping application.

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