The Fintech Times

APRIL 9, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. Banking-as-a-Service (BaaS) describes the concept that enables non-bank platforms to access banking capabilities traditionally only offered by licensed banks.

Financial Inclusion 121

Financial Inclusion Underserved Non-Bank Embedded Finance 121

Fintech News

MAY 19, 2024

The bank, listed in Ho Chi Minh City, intends to offer the shares at 34,500-36,000 dong (US$1.36-US$1.40) This move values the bank at approximately 53.5 The sale faces significant hurdles due to regulatory limits on foreign ownership in Vietnamese banks, capped at 30%. trillion dong (US$2.1

Non-Bank 105

Non-Bank Caps Agreements Volume 105

Fintech Finance

JULY 16, 2024

The Financial Stability Board (FSB) published today, for public consultation, its proposed recommendations to promote greater alignment in data frameworks related to cross-border payments and consistency in the regulation and supervision of bank and non-bank payment service providers.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Consulting Regulations 98

Finezza

JUNE 14, 2024

In the last five years, the lending industry has grown increasingly competitive, with banks, lending platforms, payment apps, and non-banking financial companies (NBFCs) competing for a piece of the pie.

Non-Bank 95

Non-Bank Posting Payments FinTech 95

Open Banking Excellence

AUGUST 6, 2024

Non-members should email billie.pursey@thepaymentsassociation.org to register (subject to approval). Helen Child Founder and CEO at Open Banking Excellence The post PA Edinburgh appeared first on Open Banking Excellence. For venue accessibility information please visit: [link] I want to Attend!

Non-Bank 130

Non-Bank FinTech Posting Payments 130

Open Banking Excellence

MAY 23, 2024

Following this announcement, the Konsentus Q1 2024 TPP tracker has revealed an overall growth in the European third parties that are regulated to provide Open Banking services around their domestic market, as well as an overall increase in TPPs authorised to initiate payments and transactions on an account holder’s behalf.

Cross-Border 130

Cross-Border Cross-Border Payments Non-Bank Regulations 130

The Fintech Times

FEBRUARY 16, 2024

New research from Economist Impact supported by Temenos has revealed that almost half of European banks are investing in fintech start-ups while 36 per cent are building their own greenfield digital bank or fintech company. It set out to understand emerging trends in the banking industry.

AI 139

AI Multi-Currency Non-Bank Underserved 139

Tearsheet

FEBRUARY 7, 2024

Dong Min Kim, Director of Google Wallet, shared some payment insights with Tearsheet, “As digital wallet adoption continues to grow, consumers want their wallets to include additional non-payment essentials we need to navigate our daily lives, including identification, health insurance cards, transit passes, and more.”

Debit Card 119

Debit Card Online and Mobile Banking Non-Bank Credit Cards 119

Open Banking Excellence

NOVEMBER 14, 2023

It has been almost six years since the Second Payment Services Directive (PSD2) came into force and laid the foundations for Open Banking in the EU and UK. Together, these new rules will enable Europe to push forward into Open Finance – the next stage of Open Banking. PSD3 and PSR1 will introduce higher levels of regulation.

Non-Bank 130

Non-Bank Rules Authentication Regulations 130

The Fintech Times

MAY 26, 2024

A key part of open banking is regulated third-party providers (TPP). They act as intermediaries between the bank and the customer. Open banking’s growth has got to a point now that more TPPs are able to offer their services outside of their domestic markets. A similar trend is reported for payment services growth.

Cross-Border 129

Cross-Border Non-Bank Regulations Payments 129

Finezza

NOVEMBER 18, 2024

According to a recent Business Standard report, non-banking financial companies (NBFCs) focusing on microfinance may face higher credit costs due to increasing loan delinquencies. Did you know that rising loan delinquency rates can lead to significant opportunity costs and damage the reputation of Microfinance Institutions (MFIs)?

Non-Bank 91

Non-Bank Posting 91

Fintech Finance

DECEMBER 16, 2024

Mastercard and Jeel a subsidiary of Riyad Bank are joining forces to enable digital and cutting-edge solutions such as AI to drive innovation in Saudi Arabia. Introducing the novel offering to the Kingdom, the collaboration will see the two entities work together to serve all non-banking financial institutions (NBFI) market segments.

Visa 98

Visa Non-Bank SWIFT Payments 98

Fintech Finance

NOVEMBER 12, 2024

Sibstar , the UK’s leading debit card and app for people living with dementia, has today announced the appointment of GoHenry co-founder and CEO, Louise Hill, as a Non-Executive Director. The post Sibstar Appoints GoHenry Co-Founder and CEO Louise Hill as Non-Executive Director appeared first on FF News | Fintech Finance.

Debit Card 98

Debit Card Financial Literacy Non-Bank Financial Inclusion 98

Fintech News

DECEMBER 5, 2024

Thai regulators approved the first cross-border payment solution using stablecoins in October, while the Philippine central bank launched a peso stablecoin pilot earlier this year. During the event, participants, including non-Thai attendees, were able to convert dollar stablecoins to baht stablecoins without foreign exchange fees.

Stablecoins 117

Stablecoins Cross-Border Payments Cross-Border Blockchain 117

Finezza

DECEMBER 4, 2023

Non-Banking Financial Companies (NBFCs) are making a behind-the-scene yet significant impact on the Indian economy. Despite not having a traditional banking license, they promote financial inclusion, support economic development, enhance innovation, and deepen financial markets.

Financial Inclusion 92

Financial Inclusion Non-Bank Economy Innovation 92

Fintech Finance

AUGUST 6, 2024

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it has signed a five-year deal with Varo Bank , N.A., Varo is the first bank to receive a de novo national bank charter as a consumer techbank in the U.S.

Issuers 119

Issuers Processors Embedded Finance Non-Bank 119

Fintech Finance

NOVEMBER 18, 2024

The CaaS model will provide banks, non-financial institutions, universities and fintechs with a comprehensive suite of digital payments services. Meanwhile, consumers will enjoy easy access to tailored digital financial products, such as youth and family banking.

Visa 105

Visa Non-Bank Payments Financial Inclusion 105

Fintech Finance

JANUARY 10, 2025

Bank Alfalah , a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% The Bank’s fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets.

Cross-Border 98

Cross-Border Cross-Border Payments FinTech Acquirers 98

The Fintech Times

APRIL 3, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. Whether it be retailers, ride-hailing apps, super-apps, or other non-bank service providers, embedded finance appears to be making its way into every sub-sector.

Embedded Finance 126

Embedded Finance Finance Non-Bank Embedded Payments 126

Fintech Finance

JUNE 17, 2024

Mastercard and Thought Machine , a cloud-native banking technology company, are advancing their partnership to deliver high-quality payments and core banking (critical back-end technology for product and account management and the customer ledger) capabilities to financial institutions looking to modernise their technology stack.

Visa 105

Visa Non-Bank Debit Card Payments 105

Fintech News

MARCH 18, 2024

The company’s Mastercard Move service, connecting nearly 10 billion endpoints globally, including bank accounts and digital wallets, is part of this effort. The post Mastercard Partnership with Alipay Offers Faster, Secure Remittances to China appeared first on Fintech Singapore. billion account holders.

Visa 100

Visa Cross-Border Cross-Border Payments Security 100

Stax

DECEMBER 20, 2023

In this post: What are interchange fees? Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks. The interchange fee depends on a number of factors and isn’t always easy to understand.

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

Fintech News

JANUARY 21, 2025

The bank reported a pre-tax profit of VND 27.5 These initiatives helped drive a 27% increase in the bank’s CASA (Current Account Savings Account) balance, reaching an all-time high of nearly VND 231 trillion, with a CASA ratio of 40.9%. E-banking transaction volumes surged by 51.1% trillion, representing a 20.3%

Fraud Detection 94

Fraud Detection Non-Bank Mitigation AI 94

Fintech News

MAY 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). The pilot results showed that RCBDC could support access and integration for bank and non-bank FSPs, addressing existing pain points in the payment infrastructure.

CBDC 99

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 99

Fintech Finance

JULY 23, 2024

UK consumers are leading the charge on digital financial services adoption amid rising demand for more innovation and convenience in payments and banking, according to a study from Marqeta (NASDAQ: MQ), the global modern card issuing platform powering some of today’s most innovative embedded finance solutions. Download the full report here.

Embedded Finance 98

Embedded Finance Digital Payments Research Consumer 98

Fintech News

FEBRUARY 28, 2024

Most non-bank entities typically hold Type 2 licenses limiting transactions to 1 million JPY. We look forward to empowering banks and businesses worldwide to do more commerce with Japan by providing the speed, efficiency, and transparency of payments that has long been missing from this important global market.”

Regulations 102

Regulations Non-Bank Funds Transfer Transactions 102

Fintech Finance

NOVEMBER 1, 2024

The rise of non-card payment methods — such as digital wallets, bank transfers, and QR-based payments — underscores the need for businesses to adopt flexible, low-cost solutions to stay competitive. As non-card payment methods gain rapid traction, over 50% of digital commerce volumes in APAC now come from non-card methods.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Real Time Payments APACS 98

Fintech News

MARCH 27, 2024

This suspension, now extended until 30 September 2024, pertains to the use of non-approved channels by remittance companies for transferring funds to the People’s Republic of China (PRC). MAS said that it will continue to closely monitor the situation and practices of remittance companies.

Continuity 97

Continuity Non-Bank Authorization Origination 97

Fintech Finance

OCTOBER 17, 2024

Traditional banks and money transfer operators, once dominant players, are now losing market share to agile global fintechs, local remittance providers, superapps, and even non-financial firms such as retailers and telecommunications companies.

Cross-Border 96

Cross-Border Non-Bank Processors Issuers 96

Fintech Finance

NOVEMBER 13, 2024

Unlike centralized exchanges and traditional fintech companies, MoonPay Balance empowers users with the ability to hold and spend balances on MoonPay’s direct integration with non-custodial wallets and exchanges through MoonPay. In the future, users can expect their non-custodial crypto wallets to serve as their primary bank accounts.

Payment Solutions 95

Payment Solutions Non-Bank Payments RTP 95

Fintech News

JUNE 23, 2024

GXS Bank, a digital bank supported by Grab Holdings and Singtel, reported a substantial increase in losses for the financial year ending 31 December 2023, as reported by DealStreetAsia. Despite this, the bank experienced a remarkable sixfold increase in net interest income, according to recent regulatory filings. million.

Non-Bank 95

Non-Bank Accounts FinTech Posting 95

Fintech Finance

JULY 25, 2024

SWIVEL, a transaction enablement fintech that removes friction in the movement of money for financial institutions and other payment communities, announced today its Apple Pay integration that enables its credit union and community bank clients to accept loan payments from members and customers through the mobile wallet.

Credit Union 98

Credit Union Community Banks Non-Bank Payments 98

The Fintech Times

JANUARY 7, 2025

The lending market, which consists of duly registered non-bank digital lenders and digital banks, is set to see much larger growth than previous years. Digido revealed that in terms of market structure, non-bank digital lenders are expected to make up 55.2 per cent or $451million. per cent or $451million.

Non-Bank 64

Non-Bank Online and Mobile Banking Underserved On-Demand 64

Fintech News

NOVEMBER 6, 2024

Jeel, the digital innovation arm of Riyad Bank, and audax Financial Technology , backed by Standard Chartered, have announced a strategic partnership to modernise Saudi Arabia’s banking sector. It also offers adaptability for non-bank entities, extending the benefits of digital transformation beyond traditional banking.

Non-Bank 80

Non-Bank Underwriting Real Time Payments Facilitators 80

The Fintech Times

MAY 21, 2024

Non-fungible tokens ( NFTs ) took the world by storm in 2020 and 2021, as seemingly everyone discussed the relatively new concept, and some spent significant amounts to become sole owners of NFT art. . It has manoeuvred into a ‘token’ and tokenisation along with spot BTC ETF are now over the line into banking institutions.

NFTs 145

NFTs Use Case Non-Bank Facilitators 145

Fintech News

JUNE 10, 2024

PT Bank BTPN’s flagship digital bank, Jenius , has teamed up with Perx Technologies , a SaaS lifestyle marketing platform provider, to enhance its customer engagement strategy. This partnership is looking to maximise customer lifetime value through continuous and non-transactional engagement.

Non-Bank 88

Non-Bank Returns Economy Innovation 88

Fintech Finance

JANUARY 7, 2025

Wise Platform , Wises global payments infrastructure for banks, financial institutions and larger enterprises, today announced the appointment of Lauren Langbridge as Commercial Director for North America, and Manuel Sandhofer as its new General Manager for Europe, Middle East and Brazil.

Cross-Border 98

Cross-Border Cross-Border Payments Multi-Currency International Payments 98