Sun.Mar 31, 2024

article thumbnail

Robinhood’s new Gold Card, BaaS challenges and the tiny startup that caught Stripe’s eye

TechCrunch Fintech

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at Robinhood’s new Gold Card, challenges in the BaaS space and how a tiny startup caught Stripe’s eye. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:30 a.m. PT, subscribe here. The big […] © 2024 TechCrunch.

FinTech 100
article thumbnail

OJK Tightens Crypto Oversight with New Sandbox Requirement

Fintech News

The Indonesian Financial Services Authority (OJK) has issued a new mandate requiring all financial institutions introducing new products and services, including those related to crypto assets, to participate in a regulatory sandbox. This innovation testing and development space is aimed at fostering responsible technological advancement in the financial sector with robust risk management.

article thumbnail

Exclusive: Industry Pioneer Unveils Groundbreaking AI Set to Revolutionise Ever-Evolving Fintech Landscape

The Fintech Times

In a groundbreaking move set to revolutionise the way fintech firms approach public relations, a leading innovator has unveiled Copycat-Press, a unique, disruptive AI-powered tool designed to redefine the industry’s approach to crafting news announcements. Amid an ever-evolving fintech landscape flush with communication challenges, Copycat-Press from trailblazer Buzzword Banking Solutions , formerly known as Innovation Innovators Ltd, is an outstanding solution, leveraging unprecedented t

FinTech 97
article thumbnail

COSMIC Platform Goes Live in Singapore to Combat Financial Crime

Fintech News

The Monetary Authority of Singapore (MAS) has officially rolled out the COSMIC platform , a digital initiative aimed at bolstering the defense against money laundering, terrorism financing, and the proliferation of weapons of mass destruction. The system, which became operational today (1 April 2024), alongside the enforcement of the Financial Services and Markets (Amendment) Act 2023, enables the seamless exchange of customer information among financial institutions (FIs) on a global scale.

article thumbnail

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

article thumbnail

Is the Insurance Sector Risking Over-Reliance on Artificial Intelligence? Part One

The Fintech Times

This March, The Fintech Times has turned its focus towards insurtech, shedding light on the innovative advancements and sustainable initiatives within the insurance sector. Today, we explore the role of artificial intelligence in insurance and the delicate balance between leveraging technology and preserving human expertise. Is the insurance sector risking over-reliance on artificial intelligence, and what’s the balance between innovation and human expertise?

Risk 69
article thumbnail

Alchemy Pay Invests in LaPay to Leverage Its UK Payment License

Fintech News

Alchemy Pay, a global crypto payment service provider, has invested in UK-based fintech LaPay to expand its global Web 3.o payment solutions. The financial details of the investment were not disclosed. LaPay, which operates under the regulatory oversight of the UK Financial Conduct Authority (FCA) with the license number 914920, represents a key piece in Alchemy Pay ‘s global strategy.

Web 3.0 92

More Trending

article thumbnail

SurePay Partners with Swift to Bring Confirmation of Payee Solution to Banks Across the Globe

The Fintech Times

SurePay , the IBAN-name check provider, confirmation of payee (CoP) and verification of payee (VoP) to over 100 banks, has expanded its services following a strategic agreement with Swift , the messaging network, and the integration of Swift’s payment pre-validation service. By collaborating with Swift , SurePay can now service banks on a domestic, pan-European and global scale, boosting the security of their financial transactions.

Payee 59
article thumbnail

Despite Desires for Digital Tech, Adoption Faces Challenges in Africa

The Fintech Times

A new report from Vodacom Group , Vodafone Group and Safaricom has revealed that SMEs in Africa are embracing the positive impact of technology. In fact, 70 per cent of firms in the region have invested in tech to boost growth and resilience. The report titled Levelling the SME Playing Field , is the sixth research paper under the Africa.connected campaign.