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Nearly One in Five Consumers Struck by Online Identity Fraud, According to ACI Worldwide Speedpay Pulse Report

Fintech Finance

More than three-quarters of Americans now prefer to pay their bills digitally, especially Gen Z and Millennials, who show a significant inclination toward mobile payments. However, this increase in digital payments also brings about heightened risks – almost one in five consumers surveyed has fallen prey to online identity theft.

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DBS Mobile App Outage on Saturday Occurs Amid Mounting Pressure from MAS

Fintech News

DBS and POSB customers faced difficulties accessing the bank’s mobile apps on Saturday morning, with over 500 reports of issues recorded on outage tracking site Downdetector since 7 am. A notice on the app indicated potential difficulties for customers accessing their digibank mobile services.

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Fuse Launches Volt App 2.0 as Ultimate DeFi Banking App With Crypto Debit Card

Fintech Review

The latest version of its non-custodial DeFi app elevates it into a decentralized banking ecosystem with a host of new features including a crypto debit card. Multi-chain deposits, yield-earning options, seamless worldwide spending, and gamified educational features support a robust suite of alternative banking services.

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A List of Digital Banks in Asia

Fintech News

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

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The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

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Gen Z embraces digital wallets but they actually want more

Tearsheet

Using digital wallets and mobile payment apps were once emerging trends but are now becoming common practice for both online and in-store purchases,” Christine Roberts, EVP, and President of Citizens Pay told Tearsheet recently. Moreover, online purchases drive higher digital wallet usage compared to in-store transactions.

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How Do Emerging Trends For Banking-as-a-Service Differ Across the Globe?

The Fintech Times

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. “The modularity, interoperability and seamless integration of BaaS have also proven to be powerful drivers of innovation in sectors beyond banking. .