Open Banking Excellence

SEPTEMBER 6, 2024

6-8th November 2024 Live Event Linkedin Twitter Singapore FinTech Festival The Global Gathering of Policy, Finance, and Technology The Singapore FinTech Festival is a global nexus where policy, finance, and technology communities converge. Designed to foster impactful connections and collaborations, SFF is a platform to explore the intersections of cutting-edge financial solutions, evolving regulatory landscapes, and the latest technological innovations.

FinTech 130

FinTech Facilitators Participant Economy 130

Payments Dive

SEPTEMBER 4, 2024

Some customers deposited bad checks and immediately withdrew funds before the checks bounced in a glitch that went viral on TikTok. Now, some users have holds on their accounts.

Checks 146

Checks Accounts 146

Fintech News

SEPTEMBER 2, 2024

The Thai Bankers Association (TBA) has blacklisted 15,000 individuals and suspended 34,000 bank accounts connected to call-center scam operations, according to The Nation. The move follows the implementation of an AI-driven Cross-Reference File (CRF) system designed to identify mule accounts used in money laundering activities. Payong Srivanich TBA Chairman Payong Srivanich announced on Monday that the CRF system, developed by the association, flagged more than 15,000 individuals who had opened

Accounts 132

Accounts Money Laundering Scams Blocks 132

Faster Payments Council

SEPTEMBER 6, 2024

Join us for an upcoming FPC webinar, sponsored by Finzly, on Wednesday, September 18 from 12:00pm-1:00pmET. Is your financial institution fully harnessing the potential of RTP® and FedNow® to drive growth? While 'receive-only' instant payments is a significant step forward, the true transformative power lies in actively sending payments. In a recent joint survey from the FPC and Finzly, it unveiled that corporate customers drive nearly 78% of instant payments revenue.

Instant Payments 167

Instant Payments RTP FedNow ISO 20022 167

Speaker: Jennifer Wright and Nick Barron

Navigating the complexities of e-commerce requires more than just the right technology - It demands a holistic strategy that aligns platform capabilities with customer- centric design and marketing. This webinar will provide a roadmap for building a robust e-commerce strategy, guiding you through key decisions from platform selection to creating user experiences that convert, and leverage digital marketing to reach and retail customers.

On-Demand

The Payments Association

SEPTEMBER 4, 2024

FMPay, a licensed payment provider, has launched to offer small businesses in the UK a secure and straightforward way to handle payments. With no monthly fees, competitive transaction rates, multi-currency processing, and advanced fraud protection, FMPay aims to empower small businesses to grow by providing cost-effective, reliable, and transparent payment solutions, supported by a dedicated team.

Small Business 123

Small Business Payment Solutions Multi-Currency Security 123

PCI Security Standards

SEPTEMBER 3, 2024

In a significant move, the PCI Security Standards Council (PCI SSC) has announced enhancements to its Point-to-Point Encryption (P2PE) Program for use with the currently published P2PE Standard v3.1, which provides the ability to validate and list P2PE solutions that cryptographically protect account data from the point where a merchant accepts a payment card to the secure point of decryption.

Encryption 113

Encryption Security Continuity Accounts 113

TechCrunch Fintech

SEPTEMBER 2, 2024

The Dubai-based startup, which now counts 50,000 retail and business customers in the UAE, has netted $22 million led by Altos Ventures. © 2024 TechCrunch. All rights reserved. For personal use only.

Small Business 131

Small Business FinTech 131

Payments Dive

SEPTEMBER 5, 2024

“The CFPB’s plan to reclassify EWA as a loan could accidentally backfire on the agency by driving people right back to the payday lending industry,” writes one tech trade group professional.

Rules 109

Rules CFPB 109

Fintech Finance

SEPTEMBER 3, 2024

ACI Worldwide (NASDAQ:ACIW), an innovator in global payments technology, today announced a collaboration with Red Hat Inc. , the world’s leading provider of open source solutions, to make ACI’s cloud-native Enterprise Payments Platform available on any cloud infrastructure. With this collaboration, ACI will help customers ease their migration to the cloud to better adapt to the rapidly evolving digital economy and power the next generation of payment services.

Payments 101

Payments Innovation Economy Global Payments 101

Fintech News

SEPTEMBER 1, 2024

Singapore’s OCBC Bank experienced technical difficulties on 1 September (Sunday) that temporarily disrupted its internet and mobile banking services. Customers encountered challenges accessing their accounts and conducting online transactions. The bank assured that customer funds were not affected during the service disruption, and no customer data was compromised.

Online and Mobile Banking 105

Online and Mobile Banking ATM Compromise Mobile Banking 105

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

Payments

Finextra

SEPTEMBER 4, 2024

The UK's Competition Appeals Tribunal has given the go-ahead for a $4 billion class action lawsuit brought by UK businesses over Mastercard and Visa multilateral interchange fees.

Visa 116

Visa 116

The Fintech Times

AUGUST 31, 2024

The relationship between established real estate firms and proptech startups is shifting from competition to collaboration. What once appeared as a clash between tradition and innovation is now evolving into a partnership where each side leverages the strengths of the other. Established firms bring deep industry experience and extensive networks, while startups introduce cutting-edge technology and fresh perspectives.

Due Diligence 118

Due Diligence Innovation Automation Correspondent 118

Fintech Finance

SEPTEMBER 6, 2024

BlueSnap , a global payment orchestration platform for leading B2B and B2C businesses, has appointed Bill Christensen as SVP, of Acquiring & Risk. Christensen will lead the company’s global acquiring and risk management teams, working to grow and manage relationships with processors and banks, as well as overseeing the underwriting and risk functions.

Risk 81

Risk Acquirers Risk Management Underwriting 81

Fintech News

SEPTEMBER 1, 2024

The Singapore subsidiary of crypto exchange OKX has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows OKX to offer a broader range of digital payment services in compliance with local regulations. The approval follows the in-principle approval granted by MAS in March 2024. Gracie Lin In tandem with this milestone, OKX has appointed Gracie Lin as the new CEO for its Singapore operations.

Payments 102

Payments Regulations Payments Institute Compliance 102

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Basis Theory

SEPTEMBER 3, 2024

Learn the meaning behind the different parts found on a credit card, as well as their function and relevant PCI DSS requirements, with this overview and FAQ.

PCI DSS 104

PCI DSS Credit Cards Payments 104

Finextra

SEPTEMBER 3, 2024

Three men have pleaded guilty to operating a subscription-based Web service in the UK that enabled criminals to circumvent One-Time-Passcode (OTP) anti-fraud checks.

Scams 101

Scams Checks 101

Fintech Finance

SEPTEMBER 4, 2024

Open Payment Technologies Ltd , a payments service processor, has today announced the expansion of its digital wallet services, Kuady , into Argentina. It brings an advanced, user-friendly experience that ensures secure and efficient money management through an e-wallet app. Following successful launch in Peru and Chile, Kuady’s expansion into Argentina will provide global organisations with further access to the Latin American market.

Technology 82

Technology Cross-Border Processors Financial Inclusion 82

Fintech News

SEPTEMBER 3, 2024

iFAST Global Bank (iGB), the UK digital banking arm of iFAST Corporation , has launched EzRemit , a new cross-currency transfer service for its digital personal banking customers. The service allows customers to transfer money to over 50 countries in more than 25 currencies. Building on its existing offerings for business clients, iGB is now extending the service to personal banking customers.

eWallet 96

eWallet FinTech Process Posting 96

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Build a sustainable merchant services portfolio with practical strategies to ensure long-term success. Diversify across industries to spread risk and stabilize income, balancing high-risk and low-risk clients for a robust mix. Combine large and small merchants to create a resilient payment portfolio, leveraging each type's strengths. Foster long-term relationships through exceptional service and personalized support.

Payments

Payments Dive

SEPTEMBER 4, 2024

Due to lax authentication practices, a thief or hacker can easily add a stolen credit card to their own digital wallet, the study concluded.

Security 97

Security Credit Cards Authentication 97

Finextra

SEPTEMBER 2, 2024

African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchange Commission (SEC) as a Digital Assets Exchange.

Cryptocurrency 98

Cryptocurrency Security 98

Fintech Finance

SEPTEMBER 5, 2024

Ume , a payment network and merchant services platform for small- and mid-sized businesses (SMBs) on Pix, has announced it has raised $ 15 million in Series A equity funding. The round was led by PayPal Ventures, with participation from NFX, Globo Ventures, Clocktower Ventures, Big Bets, FJ Labs, Endeavor and Norte Ventures. Ume has also raised a USD $20 million FIDC debt facility from Verde, Wersten Asset, Itaú, Credit Saison and Milenio.

PayPal 75

PayPal BNPL Payment Networks SWIFT 75

Fintech News

SEPTEMBER 1, 2024

Singapore-based digital SME lending platform Validus has secured a debt funding of up to US$50 million debt funding from HSBC, provided under the bank’s ASEAN Growth Fund strategy. The funds will be used to expand financial access for micro, small, and medium enterprises (MSMEs) in Indonesia through Validus’ Indonesian subsidiary, Batumbu.

Financial Inclusion 100

Financial Inclusion Underserved Small Business Finance 100

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

Payments Dive

SEPTEMBER 3, 2024

Two buy now, pay later companies pivoted in offering their services in the state because it insists they must be licensed to provide loans.

BNPL 97

BNPL 97

Finextra

SEPTEMBER 4, 2024

Tide, the UK’s leading business financial platform, has reached one million customers (members) globally, a significant milestone for the Company.

105

105

Fintech Finance

SEPTEMBER 4, 2024

Fime , a global leader in consulting, testing, and certification services, is excited to announce the acquisition of Consult Hyperion , a renowned consultancy firm with expertise across payments, smart mobility and digital identity. The acquisition augments and cements Fime’s ability to deliver comprehensive consulting and advisory services—from ideation to implementation and testing—across these key sectors.

Consulting 74

Consulting Acquirers Payments Compliance 74

Fintech News

SEPTEMBER 2, 2024

Global verification provider Sumsub has introduced Local Data Processing (LDP) capabilities in the Asia-Pacific (APAC) region. The new infrastructure now operational in Singapore, Hong Kong, Indonesia, and the Philippines. This expansion follows the company’s earlier launch in the Middle East and Africa in June. As data privacy regulations tighten across APAC, driven by growing digital transformation and increased awareness of privacy concerns, Sumsub’s LDP solution aims to help businesses

APACS 104

APACS Privacy Regulations Fraud Prevention 104

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.

Embedded Finance

Fintech Review

SEPTEMBER 3, 2024

The digital payments landscape is rapidly evolving, driven by technological advancements and changing consumer preferences. As we look towards 2025, several key trends are shaping the future of digital payments, including contactless payments, cryptocurrency transactions, and mobile payment solutions. Digital payments in 2025: current trends and predictions for the future, offering insights on how businesses and consumers can prepare for these impending changes.

Payments Trends 94

Payments Trends Digital Payments Contactless Payments Cryptocurrency 94

Payments Dive

SEPTEMBER 6, 2024

The card network plans to make the account-to-account service available to consumers for paying bills, like rent, but eventually for other uses too, such as digital streaming.

Accounts 78

Accounts Consumer 78

Fintech Finance

SEPTEMBER 6, 2024

Flutterwave , Africa’s leading payments technology company, has announced the appointment of Mitesh Popat as the company’s Chief Financial Officer. Mitesh brings 20 years of global financial services experience across North America, Europe, the Middle East, and Africa, which will be instrumental in driving Flutterwave’s next phase of growth and financial sustainability.

Finance 76

Finance Risk Management PayPal Compliance 76

Fintech News

SEPTEMBER 3, 2024

OCBC Bank is set to offer Generation Alpha—children born after 2009—their own digital bank accounts through the OCBC MyOwn Account , available from 20 October 2024. This first-of-its-kind account in Singapore allows children aged seven to 15 to manage their finances digitally via the OCBC Digital app, under parental supervision. Currently, most children under 16 have bank accounts that are jointly held with their parents, limiting their access to digital banking services.

Financial Literacy 92

Financial Literacy Accounts Freeze Account Debit Card 92

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