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 158

Small Business Payment Solutions Multi-Currency Security 158

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 147

Checks Accounts 147

Fintech News

SEPTEMBER 1, 2024

Cambodia and South Korea have officially launched a new cross-border payment system. This system, currently in its first phase, allows customers of Jeonbuk Bank in South Korea to make seamless payments to merchants in Cambodia using Bakong (KHQR) QR codes. The launch ceremony, held in Phnom Penh, was attended by senior officials, including Dr. Chea Serey, Governor of the National Bank of Cambodia, and Kim Tae Hyun, Vice President of Jeonbuk Bank.

Cross-Border Payments 145

Cross-Border Payments Cross-Border Financial Inclusion Facilitators 145

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

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

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 133

Small Business FinTech 133

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 144

Accounts Money Laundering Scams Blocks 144

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

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 115

Due Diligence Innovation Automation Correspondent 115

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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 119

Payments Innovation Economy Global Payments 119

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 122

Online and Mobile Banking ATM Compromise Mobile Banking 122

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

The Fintech Times

SEPTEMBER 6, 2024

As e-commerce grows across the Middle East and North Africa (MENA), businesses are faced with the challenge of offering efficient and seamless payment methods. Customers in the region have specific preferences for local payment options, and businesses need to meet these demands while maintaining a smooth, user-friendly checkout process. Tap Payments’ integration for Shopify Tap Payments, a payment gateway specialising in the MENA region, has introduced a solution for Shopify merchants to simplif

Payments 103

Payments Alternative Payment Methods Multi-Currency Payment Gateways 103

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

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 News

SEPTEMBER 4, 2024

Eight fintech startups from Southeast Asia have been named among this year’s Forbes Asia 100 to Watch list, recognized for capturing investors’ attention, securing substantial backing, and achieving significant success. These companies, which represent countries such as Malaysia, the Philippines and South Korea, are tackling challenges in sectors such as lending, banking, and business finance, leveraging innovative business models and cutting-edge technologies to boost efficiency and enhan

FinTech 114

FinTech Cross-Border Payment APIs and Integration Credit Cards 114

Fintech Finance

SEPTEMBER 5, 2024

PayPal (NASDAQ: PYPL) today ushered in a new era for customers, making it easier and more rewarding than ever to shop and pay with PayPal anywhere, anytime – both in stores and online. Now, customers have access to rich rewards, stackable cashback offers in the PayPal app, and more personalized ways to manage their spending – all with the safety and security PayPal is known for and the peace of mind they’re getting more money back in their pockets.

PayPal 98

PayPal Debit Card Direct Deposit Checks 98

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

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Payments

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 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 116

APACS Privacy Regulations Fraud Prevention 116

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 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

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

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.

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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 119

Payments Regulations Payments Institute Compliance 119

Fintech Finance

SEPTEMBER 6, 2024

Lithic , a leading card issuing technology company known for enabling growth-oriented businesses with bespoke card programs and seamless money movement, today announced its expansion into the Canadian market. This marks Lithic’s first entry into a non-U.S. market and introduces powerful multicurrency processing capabilities that position Lithic to support the most ambitious and innovative card program use cases.

Process 97

Process Cross-Border Non-Bank FinTech 97

FloQast

SEPTEMBER 4, 2024

In the fast-paced world of healthcare, operational efficiency and robust compliance are non-negotiable. For The Joint Chiropractic (NASDAQ: JYNT), 2021 marked a pivotal year as they embarked on a journey to enhance their accounting operations by integrating FloQast into their processes. The impact proved transformative, dramatically improving their Close process , enhancing workflow visibility, and expediting reporting.

Compliance 98

Compliance Automation Accounts Audit 98

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Payments Dive

SEPTEMBER 4, 2024

The Consumer Financial Protection Bureau asked for public feedback on its earned wage access rule proposal and it got an earful.

CFPB 97

CFPB Rules Consumer 97

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 117

Financial Inclusion Underserved Small Business Finance 117

Fintech Finance

SEPTEMBER 2, 2024

Sasai Money Transfer, a business of Cassava Technologies and one of the fastest growing international money transfer operators, has partnered with Airtel Money to expand its revolutionary offer of free remittances to more African markets. The Zero Fees initiative, which was first launched in May 2024 by Sasai Money Transfer in partnership with Econet in Zimbabwe, is now being expanded with Airtel Money starting with Uganda, before being extended to other high-traffic remittance Airtel markets su

Financial Inclusion 101

Financial Inclusion Innovation Volume FinTech 101

Finextra

SEPTEMBER 2, 2024

Revolut is rolling out dedicated crypto payment cards for spending on everyday items.

Payments 129

Payments 129

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