Fintech News

JANUARY 21, 2025

By November 2022, that user cap had been raised to 100 million. Featured image credit: edited from freepik The post How Indias UPI Revamp and WhatsApp Pays Expansion Could Transform Banking appeared first on Fintech Singapore. In India, WhatsApp Pay was initially introduced in 2020 with a 40 million user cap.

Caps

Fintech Finance

JANUARY 15, 2025

Mamo, licensed by the Dubai Financial Services Authority (DFSA) as a Category 3C Providing Money Services entity in 2022, supports hundreds of businesses by automating payment collection and corporate expense management.

Economy

Open Banking Excellence

FEBRUARY 6, 2025

AboutInformation Systems Agency of Armenia (ISAA) The Information Systems Agency of Armenia was established in 2022 to support the advancement of Armenias digital agenda. The post Armenia Advances Digital ID Scheme as Part of Open Data Vision appeared first on Open Banking Excellence.

Governance

Fintech Finance

DECEMBER 5, 2024

In 2022, the value of bank payments in the Eurozone stood at €191 trillion, that is 58x more than card payments (€3.3 The post Mambu Acquires Payment Technology Provider Numeral, Bolstering Its Market Position to Target New Growth Opportunities appeared first on FF News | Fintech Finance.

Payment APIs and Integration

Fintech News

JANUARY 13, 2025

from USD $203 million in 2023 and 68% from USD $587 million in 2022. Late-stage funding, typically seen as a barometer of maturity and investor confidence, fell sharply to USD $694 milliona 31% drop from USD $1 billion in 2023 and 77% from USD $3 billion in 2022. Seed-stage funding saw USD $190 million raised, down 6.4%

FinTech

Fintech Finance

DECEMBER 17, 2024

Transactions through PayU have grown 157% over the past four years, with a projected growth trend of 60% between 2022 and 2027. The post PayU First Payment Gateway in Colombia to Integrate Google Pay appeared first on FF News | Fintech Finance. trillion in 2023, according to the Colombian Chamber of E-commerce.

Payment Gateways

Fintech News

JUNE 29, 2025

J-Dee Remittance Services (J-Dee) was penalised S$170,000 for similar failures to screen customers and related parties during July 2022 to August 2023. MAS said these failures exposed the firms to risks of being misused for financial crime and weakened transparency in fund transfers.

AML

Fintech News

MARCH 23, 2025

BC Payments, which launched its Singapore office in January 2022, said it intends to double the size of its local team as part of its regional expansion strategy. Featured image credit: Edited from Freepik The post Banking Circles BC Payments Gets In-Principle Nod for Payment License appeared first on Fintech Singapore.

Cross-Border Payments

Finovate

APRIL 3, 2025

The new office comes as Wise notes that its Singapore team has doubled since 2022. ” Photo by Jean van der Meulen The post Zempler Bank Teams Up with Wise Platform to Launch its Outbound Payments Service appeared first on Finovate. . Additionally, Wise’s local customer base in the region grew by 30% last financial year.

Cross-Border

Fintech Finance

JANUARY 17, 2025

billion in 2022. The post Mastercard Move and Cairo Amman Bank Join Forces to Enable Convenient and Secure Cross-Border Payments in Jordan appeared first on FF News | Fintech Finance. According to the World Bank , Jordans remittance value reached USD4.94 billion in 2023, an increase from USD4.91

Cross-Border Payments

The Fintech Times

DECEMBER 9, 2024

The move follows the agencys use of a dormant legal authority revived in 2022 to oversee nonbank entities deemed to pose risks to consumers. The agency began using its dormant oversight powers after a 2022 assessment found gaps in its supervisory programme.

Consumer Financial Protection Bureau (CFPB)

Fintech Finance

MARCH 7, 2025

Colombia For more information about this report visit [link] The post Latin America Digital Payments Market Report 2025 appeared first on FF News | Fintech Finance. Key Takeaways – Latin America Payments Market 3.2. Latin America Country-Specific Payment Methods Insights 6.1. Mexico 6.4. Argentina 6.5.

Digital Payments

The Fintech Times

MARCH 7, 2025

In fact, spending on holidays has increased by six per cent since 2022, rising from 864 to 917, while attending sporting events has increased 25 per cent since 2022, rising from 247 to 309. However, people do not appear willing to reduce spending on purchases in certain categories.

Research

Fintech Finance

JUNE 19, 2025

This launch operationalises the partnership established in 2022, aimed at promoting intra-African cross-border trade and enhancing financial inclusion. The post OnAfrIQ Partners with PAPSS to Launch Cross‑Border Payment Services in Ghana appeared first on FF News | Fintech Finance.

Cross-Border Payments

Fintech News

APRIL 23, 2025

Back in 2022, Sea Limited was in the midst of a painful transition. All three of its major segmentse-commerce (Shopee), digital financial services (SeaMoney), and digital entertainment (Garena)posted positive adjusted EBITDA for the second consecutive year. The digital entertainment segment posted adjusted EBITDA of USD $1.2

Adjustments

Finovate

JANUARY 7, 2025

The company demoed Eltropy One , its all-in-one omni-channel communication solution, at FinovateFall 2022. Photo by Tara Winstead The post Eltropy Acquires Collections Technology Provider Lexop appeared first on Finovate. We have been watching Eltropy take the CFI world by storm and could not be more excited to join hands.”

Acquirers

Fintech Finance

APRIL 3, 2025

in 2022, and has since partnered with the online shopping platform in Canada, Europe, Oceania, South Asia, United Arab Emirates, the United Kingdom, and most recently, more South American countries. launch in 2022. Adyen helped Temu go live in the U.S. “Adyen has been a valuable partner since our U.S.

Acquirers

The Fintech Times

NOVEMBER 17, 2024

In 2022, LexisNexis Risk Solutions and TransUnion teamed up to support the UK insurance market with credit data. The post LexisNexis Risk Solutions Teams Up With TransUnion to Offer Affordability Report appeared first on The Fintech Times.

Risk

Fintech News

JANUARY 12, 2025

billion in 2022. Featured image credit: Edited from Freepik The post Southeast Asia Fintech Funding Cools with 23% Dip in 2024, Singapore Maintains Lead appeared first on Fintech Singapore. Southeast Asias fintech sector recorded US$1.6 billion in funding in 2024, a 23% decline from US$2.1

FinTech

Finextra

JUNE 11, 2025

Post-Independence (1947 - 1990s): Building the Foundation After independence, India focused on strengthening its financial infrastructure and extending banking services. UPI Dominance: UPI continues to set global benchmarks, accounting for nearly 46% of all global real-time digital transactions in 2022.

Financial Inclusion

Fintech News

APRIL 8, 2025

Originally established in 2022 by the central banks of Indonesia, Malaysia, the Philippines, Singapore and Thailand, the initiative has since expanded to include Vietnam, Brunei Darussalam and Lao PDR. With Cambodias inclusion, the RPC now comprises nine ASEAN central banks.

Cross-Border

Fintech News

MARCH 11, 2025

Coinbase initially entered India in April 2022 , launching with support for the Unified Payments Interface (UPI). Featured image credit: Edited from Freepik The post Coinbase Registers with FIU in India, Clearing Path for Market Entry appeared first on Fintech Singapore.

APACS

Fintech Finance

DECEMBER 16, 2024

Praxis Tech , a leading Payment Orchestration Platform, today announces that it has achieved the ISO/IEC 27001:2022 certification, the leading global standard for Information Security Management Systems (ISMS). The post Praxis Tech Achieves ISO 27001 Certification for Information Security appeared first on FF News | Fintech Finance.

ISOs

The Fintech Times

MARCH 7, 2025

” Pan-African transactions Ogbalu also noted that the PAPSS network, which began in 2022, had successfully grown to include 15 central banks, over 150 commercial banks, and 14 switches. ” The post Bank of Kigali and KCB Group Join Pan-African Payment and Settlement System appeared first on The Fintech Times.

Settlement

The Fintech Times

JULY 2, 2025

Fraud fell in the first six months of 2023 by two per cent, compared to the same period in 2022, while APP fraud , which is specifically targeted by Confirmation of Payee, had seen a one per cent fall, despite constant efforts by fraudsters to introduce more sophisticated methods and technology. Spot the scam.’

Payee

My Payment Savvy

AUGUST 10, 2025

of global revenue to fraudsters in 2022 (1). Retrieved from [link] The post Payment Gateway Fraud Detection & Prevention: Everything You Need to Know appeared first on My Payment Savvy. The scale of the problem is massive. E-commerce companies lost 2.9% For a business processing $100,000 monthly, losing 2.9% Sources Cybersource.

Fraud Detection

Fintech News

FEBRUARY 19, 2025

Grab operates two digital banks: GXS Bank in Singapore, a joint venture with Singapore-listed telecom giant Singtel, launched to the public in August 2022, and GX Bank in Malaysia, the countrys first digital bank, operational since November 2023. billion in Q4, up from US$1.1 billion in the previous quarter.

Adjustments

Fintech News

APRIL 24, 2025

Yubi became a unicorn in March 2022 after raising $137 million in Series B funding from Insight Partners, B Capital, and Dragoneer Investment Group. In 2022, Oxyzo became a fintech unicorn after raising $201 million in a Series A round, backed by Alpha Wave, Tiger Global, and Norwest Venture Partners. OneCard Valuation: $1.40

FinTech

Fintech Finance

MARCH 10, 2025

With ISO/IEC 27001:2022 and SOC 2 Type 2 certifications, Fintech Galaxy ensures top-tier security and regulatory adherence. The post Fintech Galaxy and ProgressSoft Join Forces to Advance Open Banking in MENA appeared first on FF News | Fintech Finance.

Regulatory Compliance

Finovate

JUNE 23, 2025

Previous quarterly comparisons Q2 2024 : More than $292 million raised by eight alums Q2 2023 : More than $209 million raised by ten alums Q2 2022 : More than $984 million raised by eight alums Q2 2021 : More than $2.8 million – post May: More than $257 million raised by four alums Digishares : $1.35

Posting

Finovate

FEBRUARY 20, 2025

The company most recently demoed its technology at FinovateSpring 2022 in San Francisco. ISO 20022 refers to a new message format that will be adopted by the Fedwire Funds Service on July 14, 2025, four months later than the initial deadline of March 10 established in June 2022. Finzly is a two-time Finovate Best of Show award winner.

FedWire

Fintech News

NOVEMBER 19, 2024

The post Money20/20 Asia 2025 Announces Stellar Keynote Lineup and Agenda At-A-Glance appeared first on Fintech Singapore. Register for Money20/20 Asia 2025 before 22 November to get the early bird pass and save US$800. Fintech News Network readers can save an additional US$200 with the code FNN200.

APACS

Fintech Finance

NOVEMBER 13, 2024

Citi now has more than 200 FI clients using its 24/7 USD Clearing service since 2022. The post Citi and Bank of Shanghai Launch First-of-Its-Kind Payments Solution for International Travelers in China appeared first on FF News | Fintech Finance.

Payment Solutions

Fintech Finance

AUGUST 6, 2025

Building on the successful introduction of contactless Visa card acceptance at Petrolimex stations in 2022 , which reduced customer wait times and improved operational efficiency, Visa and Petrolimex have now signed an agreement to launch the Petrolimex–Visa co-branded card program nationwide. .”

Payment Solutions

Clearly Payments

MARCH 18, 2025

Post-Pandemic Trends (20222024) Following the initial surge, business formation trends evolved: 2022 : A slight decline of 7.4% The post The Number of Businesses in the USA by Industry in 2025 appeared first on Credit Card Processing and Merchant Account. brought new applications to 5.0 to a record 5.5 million, marking a 4.5%

Economy

The Fintech Times

MARCH 7, 2025

This marks an increase from last years figure (50 per cent) and is significantly higher than in 2022 (46 per cent). It is now clear that 2021 and 2022 were outlier years for the UK market, during which 20.3billion and 17billion of equity investment was deployed, respectively. ” Is a lack of access to finance the key issue?

Finance

Clearly Payments

FEBRUARY 27, 2025

million Brazilians by late 2022. India India’s Unified Payments Interface (UPI) continues to lead in instant payments, accounting for 46% of global instant payment transactions in 2022. The post Online Payments and the eCommerce Market in 2025 appeared first on Credit Card Processing and Merchant Account.

BNPL