Sun.Feb 18, 2024

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Tap, click and pay: how digital payments seize the day

Finextra

The use of digital payments around the world continued to grow in 2022, while the number of cash withdrawals and small-denomination banknotes declined, according to BIS figures.

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Sumsub to Showcase Digital Identity Verification Solutions at Seamless Asia

Fintech News

Singapore is one of the world’s leading hubs for fintech innovation. But with innovation comes risk – especially around identity verification and fraud prevention. That’s why forward-thinking payment platforms like dtcpay rely on partners like Sumsub. By implementing Sumsub’s no-code identity verification platform, dtcpay simplified Know Your Client (KYC) and onboarding to provide a smooth, secure user experience.

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PayPal Ventures’ first AI investment, a credit-based dating app and Robinhood’s good week

TechCrunch Fintech

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at a new finance-based dating app, Robinhood’s earnings results and the startup in which PayPal Ventures made its first investment. Let’s dive in! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:30 a.m. […] © 2024 TechCrunch.

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Four Southeast Asian Stock Exchanges Agree to Build Joint ESG Ecosystem

Fintech News

Four major Southeast Asian stock exchanges – Bursa Malaysia, Indonesia Stock Exchange (IDX), the Stock Exchange of Thailand (SET) , and Singapore Exchange (SGX Group) – have united to form the ASEAN Interconnected Sustainability Ecosystem (ASEAN-ISE). This initiative aims to promote sustainable development within the ASEAN region by integrating common environmental, social, and governance (ESG) metrics into their data systems.

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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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U.S. Bank and Pagaya Technologies Forge Partnership to Broaden Personal Loan Accessibility

The Fintech Times

U.S. Bank has entered a partnership with Pagaya Technologies, aimed at enhancing access to personal loans for a wider range of clients. Utilising Pagaya’s AI-powered credit decisioning capabilities, U.S. Bank can extend loans to individuals who may not meet traditional lending criteria. This collaboration allows U.S. Bank to offer responsible credit solutions to more customers, leveraging technology to assess eligibility beyond conventional measures such as credit score and debt-to-income

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Revolut Deploys AI to Combat Card Scams, Reports 30% Fraud Loss Reduction

Fintech News

Global neobank Revolut has rolled out an advanced artificial intelligence (AI) feature designed to shield its 35 million users worldwide from the growing threat of card scams. The AI-driven feature is engineered to identify and prevent Authorised Push Payment (APP) scams, a prevalent form of fraud where individuals are deceived into transferring money to fraudsters.

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Softpay accepts Dankort wallet payments

The Paypers

Europe-based softPOS provider Softpay has announced that its tap-to-phone solution now supports Dankort wallet payments on iOS, aiming to improve payments in Denmark.

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Summerland Bank partners with nCino

The Paypers

Australia-based Summerland Bank has announced its partnership with cloud banking firm nCino to drive efficiency and optimisation through digital development.

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