Fintech News

OCTOBER 7, 2024

Capella Hotel Group has partnered with digital payment provider dtcpay to allow guests to pay using Digital Payment Tokens (DPTs). This option is now available at Capella Singapore and Patina Maldives, Fari Islands, where guests can settle their room bookings and other expenses with tokens like WUSD, USDT, USDC, Bitcoin, and Ethereum. At Capella Singapore, guests can complete transactions by scanning a QR code at the front desk using their digital wallets with the supported DPTs, while Patina Ma

Stablecoins 128

Stablecoins Payments Digital Payments Bitcoin 128

Finextra

OCTOBER 7, 2024

The value of ecommerce fraud is set to rise threefold in the next five years, thanks to the impact of AI.

AI 121

AI 121

Fintech News

OCTOBER 7, 2024

Singaporean payment provider FOMO Pay has partnered with Visa to allow SMEs to accept Visa credit and debit card payments through the national SGQR code system. FOMO Pay becomes the first Visa QR acquirer and processor in Singapore as part of this collaboration. This move comes as QR code payments gain popularity in Southeast Asia, with nearly three in five consumers in the region now using them.

Alternative Payment Methods 119

Alternative Payment Methods Cross-Border Processors Debit Card 119

PCI Security Standards

OCTOBER 7, 2024

Welcome to our podcast series, Coffee with the Council. I'm Alicia Malone, Senior Manager of Public Relations for the PCI Security Standards Council. Today we'll meet one of the Council's newest employees, our Head of Product and Technology, Deanne Zettler. Deanne comes to the PCI SSC with more than 25 years of experience leading product and technology strategies, solutions and operations in financial services, including stops at Discover Financial Services and Silicon Valley Bank.

Product 111

Product Technology Security 111

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

Fintech News

OCTOBER 7, 2024

Digital bank GXS has launched the GXS FlexiCard , a credit card that charges flat fees on outstanding balances rather than traditional revolving interest. This card is designed for consumers who may struggle to access credit products due to being new to credit or having limited credit history, such as new professionals, gig workers, and entrepreneurs, offering a credit limit of S$500.

Credit Cards 118

Credit Cards Credit Limit Product Transactions 118

Fintech News

OCTOBER 7, 2024

Banking software provider Temenos has named Barb Morgan as its new Chief Product and Technology Officer, effective immediately. She succeeds Prema Varadhan , who is leaving Temenos after 25 years. She will report to CEO Jean-Pierre Brulard and join the company’s Executive Committee, leading its technology and product divisions. Morgan brings over 25 years of experience in product development, with a focus on banking and financial services and expertise in AI technologies.

Product 118

Product Technology AI Continuity 118

Payments Dive

OCTOBER 7, 2024

Fiserv has allowed Zūm Rails to use its embedded finance system to bring open banking and instant payments to Fiserv’s U.S. business customers.

Embedded Finance 109

Embedded Finance Instant Payments Finance Payments 109

Fintech News

OCTOBER 7, 2024

StraitsX, a digital asset payments infrastructure provider in Southeast Asia, announced that crypto exchange Bitstamp has added XSGD to its platform. XSGD is a stablecoin pegged to the Singapore dollar, issued by StraitsX. This listing increases the accessibility of XSGD for international transactions, potentially leading to faster settlement times and lower costs for users.

Cross-Border Payments 117

Cross-Border Payments Cross-Border Stablecoins APACS 117

Fintech Finance

OCTOBER 7, 2024

A new global report has revealed significant gaps in supplier management practices among financial institutions. The Supplier Stability in Operational Resilience Report highlights that over 32% of the organisations surveyed are unclear about who is responsible for mitigating the risks of supplier failure, service deterioration, and concentration risk for Software as a Service (SaaS) solutions.

Risk 101

Risk Regulatory Compliance Risk Management Mitigation 101

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

Fintech News

OCTOBER 7, 2024

Japan’s JCB International has expanded its partnership with Canadian payments firm Nuvei. This enables businesses in Singapore and Hong Kong to accept JCB credit and debit card payments through Nuvei’s platform. The partnership allows merchants integrated with Nuvei to accept payments from JCB’s 158 million cardholders. This expansion builds on their existing collaboration in Europe and strengthens Nuvei’s presence in the Asia-Pacific e-commerce market.

Alternative Payment Methods 109

Alternative Payment Methods APACS Debit Card Volume 109

Fintech Finance

OCTOBER 7, 2024

New data from digital transformation consultancy Daemon reveals that over half (60%) of Brits still prefer a traditional checkout with a cashier when shopping in-store. This figure climbs to 71% among Baby Boomers, compared to just 59% of Millennials and 46% of GenZ. Interestingly, 56% of GenZ favour service assisted checkouts, a preference that declines with age, with only 51% of Millennials and 40% of Baby Boomers opting for this method.

Research 98

Research Debit Card Consulting Continuity 98

Clearly Payments

OCTOBER 7, 2024

The COVID-19 pandemic has reshaped industries and economies worldwide. Among the sectors affected is the payment processing industry , which has undergone rapid transformation in response to the unprecedented challenges posed by the pandemic. As of 2024, it is clear that the changes initiated during the pandemic are not just temporary adjustments but enduring shifts that continue to define the industry’s trajectory.

Cross-Border 93

Cross-Border Processors Multi-Currency Contactless Payments 93

Fintech Finance

OCTOBER 7, 2024

New fraud protections have come into effect today (7th October), and the personal finance comparison site Finder has revealed that only 4 out of 21 major banks have decided to definitely cover the first £100 of any APP (authorised push payment) fraud. APP fraud is when a fraudster tricks you into sending money from your account to an account that they control, for example by selling items online that don’t exist or pretending to be from your bank.

Rules 94

Rules Research Finance Accounts 94

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

Payments Dive

OCTOBER 7, 2024

The number of banks receiving real-time payments will outpace the number of those sending payments through at least 2028, according to a new survey by the U.S. Faster Payments Council.

Real Time Payments 88

Real Time Payments Faster Payments Payments 88

The Paypers

OCTOBER 7, 2024

Google has partnered with Muthoot Finance in order to expand its reach in the Indian market and boost its credit play for customers in the region.

Finance 81

Finance 81

Payments Dive

OCTOBER 7, 2024

These retailers have focused on innovative ways to create tailored services that align with their overall luxury shopping experience.

Innovation 78

Innovation Payments 78

The Paypers

OCTOBER 7, 2024

US-based multinational technology corporation Meta has expanded its information-sharing partnership with banks across the UK to safeguard individuals against fraud and scams.

Scams 76

Scams Mitigation Technology 76

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

Finovate

OCTOBER 7, 2024

We all know that the VC investment scene is nothing like it was in 2021 and early 2022. With Q3 of 2024 behind us, we now know that fintech is still experiencing a funding downturn. In fact, both deal numbers and funding totals are down from Q2 of this year, with 179 fewer deals and $2.4 billion less in funding volume. While the drop is sobering, however, there are a few bright lights in recent funding data that may signal the potential start of a positive turnaround.

FinTech 75

FinTech Volume Innovation Posting 75

The Paypers

OCTOBER 7, 2024

American Express Middle East has announced its partnership with Telr in order to expand its acceptance on the latter’s merchant network in the MENA region.

76

76

Finextra

OCTOBER 7, 2024

Payment claim handling is a crucial process within the financial sector, ensuring that all monetary

Disputes 64

Disputes Payments Process 64

The Paypers

OCTOBER 7, 2024

Central and commercial banks have revealed that they will be able to use the Swift network for trial transactions related to digital currencies and assets.

SWIFT 74

SWIFT Transactions Digital Currency 74

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

Finovate

OCTOBER 7, 2024

Property data innovator Chimney announced a new collaboration with digital banking solutions provider Jack Henry. The collaboration will make Chimney’s product suite available on Jack Henry’s digital banking platform. Chimney won Best of Show at FinovateFall 2023 in New York. Previously known as Signal Intent, the company also won Best of Show at our online FinovateSpring conference in 2021.

Credit Union 64

Credit Union Product Innovation Accounts 64

The Paypers

OCTOBER 7, 2024

Visa has decided to launch a new platform for banks to issue fiat-backed tokens, including stablecoins and tokenized deposits.

Stablecoins 74

Stablecoins 74

Finextra

OCTOBER 7, 2024

Prologue The wealth management industry is a client relationship-centric business and communication.

Automation 59

Automation 59

The Paypers

OCTOBER 7, 2024

BKN301 , a UK-based provider of digital payments and BaaS solutions, has announced the launch of its newest product, the 301 Retail Account.

Payment Solutions 68

Payment Solutions FinTech Payments Digital Payments 68

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

OCTOBER 7, 2024

Neobanks have quickly become a driving force in response to the growing demand for personalized, dig.

59

59

The Paypers

OCTOBER 7, 2024

Zepz , formerly known as WorldRemit, has secured USD 267 million from both new and existing investors to support its expansion in some African markets.

Security 68

Security 68

Finovate

OCTOBER 7, 2024

TrueLayer secured an additional $50 million in funding, bringing its Series E round total to $180 million. TrueLayer’s valuation has dropped to $700 million from its peak of $1 billion in 2021. Despite the downround, TrueLayer remains optimistic about its future, stating its intentions to work toward profitability. Open banking platform TrueLayer is proving that it is not just AI companies that are receiving VC investor attention.

Credit Cards 59

Credit Cards Settlement Payments Tools Payment Networks 59