Sun.Feb 25, 2024

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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

A data breach could ruin your business overnight. Imagine customer outrage as hackers leak the private details your company promised to protect. Are you prepared to deal with regulatory fines, lawsuits, costly investigations, disrupted operations, and destroyed trust while cybercriminals profit freely from stolen data? That’s the harsh aftermath companies face today following high-profile breaches.

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Lloyds forms trade digitalisation partnership with WaveBL

Finextra

Lloyds has become the first UK bank to join the WaveBL electronic trade documentation platform, meaning its clients can transfer blockchain-based Bills of Lading across a network of members in 136 countries.

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VIB Upgrades Core Banking System with Temenos, Leverages AWS Cloud

Fintech News

Vietnam International Bank (VIB) has implemented the latest version of the Temenos Core Banking solution , powered by Amazon Web Services (AWS). This collaboration also includes ITSS, a Swiss technology and IT services firm. The upgrade to Temenos’ R23 Core Banking version represents a leap towards modernising VIB’s digital infrastructure, employing both AWS cloud and VIB’s own private cloud.

APACS 112
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Intellect Design Arena Launches eMACH.ai, Supporting Banks and FIs Across the Middle East and Africa

The Fintech Times

Intellect Design Arena Ltd , a cloud-native fintech firm serving banking and insurance clients across the globe, has launched its ‘first principles’ technology suite, ‘eMACH.ai’, for bankers specifically in the Middle East and Africa. eMACH.ai, an open finance platform, is based on the five principles of configurability, richness, scalability, ease of integration, and composability. eMACH.ai helps banks create their own ‘My Signature Solution’ by harnessing the power of artificial in

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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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Vietnamese Fintech 1Long Raises US$500K in Pre-Seed Funding

Fintech News

1Long, a fintech startup based in Vietnam, has raised US$500,000 in a pre-seed funding round supported by a consortium of investors, including Iterative, Monk’s Hill Ventures, R2VP, and Orionis Capital. With this new funding, 1Long plans to invest in technological advancements, forge strategic partnerships with asset managers and financial institutions, and grow its team.

FinTech 115
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FinTech Australia Event Puts Sustainability in the Spotlight

The Fintech Times

FinTech Australia, in collaboration with The Australian Trade and Investment Commission, StartUpBootcamp as well as BDO, debuts a new event aimed at spotlighting sustainability-focused fintech companies. FinTech for Net Zero will include a panel discussion on fintech’s role in managing the challenge of climate change. Impact fintechs including Slyp, FootprintLab, Good for B and Clima will also pitch at the event.

FinTech 64

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Griffin Launches Early Access Programme for UK Businesses Seeking Direct BaaS Integration

The Fintech Times

Griffin , the API-first UK bank and full-stack banking as a service (BaaS) platform, is now accepting applications for its early access programme, following a successful pilot phase. Called Foundations, the programme targets UK companies aiming to offer financial products directly to their customers through a BaaS provider. By leveraging Griffin’s vertically integrated infrastructure and modern APIs, businesses can embed banking products seamlessly, including savings and safeguarding accou

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Thailand’s SEC Proposes to Revoke Crypto Exchange Zipmex’s License

Fintech News

The Securities and Exchange Commission Board (SEC Board) of Thailand has recommended the Minister of Finance to consider the revocation of the digital asset business license of crypto exchange Zipmex. This recommendation comes after a thorough evaluation of Zipmex’s operations, highlighting concerns regarding the company’s compliance with legal financial standards and the sufficiency of its management structure.

Legal 114
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4 Cash Flow Issues to Monitor in 2024

The Finance Weekly

Effectively handling how money moves in and out of a business is crucial for keeping it going strong. It affects how much money the business makes, how flexible it can be, and how healthy its finances are overall. Looking ahead to 2024, it's clear that many businesses face challenges in their early stages because they struggle to handle their cash flow issues.

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MAS and Singapore Police Probe Samlit Moneychanger Amid Fraud Allegations

Fintech News

A major investigation is underway in Singapore involving the police and the Monetary Authority of Singapore (MAS) against two key figures of Samlit Moneychanger, a licensed payment services provider. A 43-year-old woman, serving as the Director, and a 34-year-old man, the Compliance Manager, are under scrutiny for allegedly engaging in fraudulent trading practices and failing to meet their regulatory obligations.

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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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Security Bank drives digital transformation with Avaloq

The Paypers

Security Bank has partnered with Avaloq to digitalise wealth management by leveraging Avaloq Core Platform and RM Workplace for enhanced client experience.

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HitPay Gets In-Principle Nod for Payment License in Singapore

Fintech News

HitPay, a provider of commerce infrastructure for small businesses, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) License. This approval positions HitPay to expand its services to include merchant acquisition along with domestic and cross-border money transfer services. The attainment of the MPI license will enable HitPay to introduce new services aimed at simplifying payment processing for merchants.

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Oanda launches FCA-registered crypto platform

Finextra

Oanda Global Corporation today announced the launch of Oanda Crypto, a true crypto-native platform for private investors and traders in the United Kingdom designed with security and responsiveness at its heart.

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Sea Group in Talks to Acquire Minority Stake in Indonesian Bank HiBank

Fintech News

Singaporean tech conglomerate Sea Group is reportedly poised to acquire a minority stake in HiBank, a subsidiary of PT Bank Negara Indonesia Tbk (BNI). Royke Tumilaar, BNI’s president director had confirmed this development. BNI, a state-owned entity and the controlling shareholder of HiBank, aims to maintain its majority stake post-transaction, indicating a strategic alliance rather than a takeover.

Acquirers 105
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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

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.

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Raiffeisen Bank undergoes AML controls investigation

The Paypers

The Financial Market Authority (FMA) has initiated an investigation into Raiffeisen Bank International (RBI) over Anti-Money Laundering (AML) failures in Austria.

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DBS Expands Its Money Lock Feature ‘digiVault’ to All Accounts

Fintech News

DBS and POSB has announced the expansion of its digiVault protection to all customer accounts, providing users with the option to securely lock funds in their existing accounts. This initiative is aimed at bolstering self-managed security in response to the increasing prevalence of financial scams. Introduced in November last year, digiVault initially allowed customers to digitally lock funds in a separate account to prevent unauthorised digital transfers.

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