Fintech News

DECEMBER 22, 2024

OCBC China will also act as XTransfer’s global account manager, working closely with the banks subsidiaries to support cross-border settlements and facilitate business growth. This will help meet the growing demand for cross-border development and business growth, helping them achieve their aspirations in Greater China and ASEAN.

Cross-Border Settlement 122

Cross-Border Settlement Cross-Border Multi-Currency Cross-Border Payments 122

Paystand

JULY 2, 2025

AI in accounting is automating repetitive tasks and processing vast amounts of data in real time, freeing finance teams to focus on strategic work. The Roots of the Accounting Shortage Across the financial services industry, firms are grappling with an acute shortage of accounting talent.

Accounts 52

Accounts Finance Fraud Detection Reconciliation 52

The Fintech Times

MAY 7, 2025

Sage , the accounting, financial, HR, and payroll technology provider for small and mid-sized businesses (SMBs), has announced that it is extending its collaboration with Amazon Web Services (AWS) to develop innovative AI solutions ideally suited for the accounting and compliance needs of SMBs.

Compliance 65

Compliance AI Accounts Automation 65

Fintech News

FEBRUARY 19, 2025

This expansion offers a real-time alternative to traditional cross-border payment systems for transfers to bank accounts in Taiwan. The move enhances its Pay-to-Banks service, enabling real-time payouts in New Taiwan Dollars (TWD) and United States Dollars (USD) to individual and business bank accounts at all major banks in Taiwan.

Real Time Payments 130

Real Time Payments Payment Networks Cross-Border Cross-Border Payments 130

Fintech Finance

JANUARY 16, 2025

The company founded in 2017 and headquartered in London, UK has witnessed a significant increase in its overall customer base with annual revenue growth of 71% this year compared to 2023, while nearly tripling the size of their London office team in response to the growing global demand for accessible financial options.

Innovation 98

Innovation Technology Multi-Currency Payment APIs and Integration 98

Fintech Finance

FEBRUARY 10, 2025

The $10 million inter-company liquidity management payment, from a leading, global transfer agent, Computershare, to an account at another financial institution, marks a significant milestone in the evolution of instant payments, unlocking new opportunities for businesses to move money faster, optimize cash flow, and streamline financial operations.

Transaction Limits 105

Transaction Limits Instant Payments RTP Transactions 105

Fintech Finance

NOVEMBER 22, 2024

This growth surge is fueled by a wave of new partnerships and a rising number of merchants embracing Trustly’s innovative payment technology to meet the demand for faster, more secure transactions. Greater adoption of account-to-account payments would simplify shopping for both merchants and customers.

Transactions 98

Transactions Innovation On-Demand Instant Payments 98

Fintech News

JANUARY 12, 2025

A growing young and middle-class The second driver Southeast Asia’s fintech boom is the regions growing tech-driven youth and middle class, two demographics that are fueling demand for digital-first financial services. Southeast Asia’s youth, aged 15 to 34, account for over a third of the population.

FinTech 117

FinTech Financial Inclusion BNPL Cross-Border 117

Fintech Finance

JANUARY 8, 2025

With the MPI license, XTransfer is able to provide services including account issuance, domestic money transfer, cross-border money transfer, and e-money issuance, addressing the increasing demand for secure and convenient cross-border payment solutions in the region. The license was officially issued on January 1, 2025, by MAS.

Authorization 105

Authorization Cross-Border Cross-Border Payments Regulatory Compliance 105

Fintech Finance

JANUARY 14, 2025

Through this collaboration, Airwallex will leverage ClearBank’s agency banking solution to enhance its UK offering with virtual business accounts, GBP collections, and Confirmation of Payee (CoP) functionality. ClearBank has enabled the global fintech to issue virtual accounts and IBANs under its own brand identity.

Payee 105

Payee IBAN Payments Faster Payments 105

Fintech News

NOVEMBER 4, 2024

This approval positions Razer Gold to offer regulated payment services, including account issuance, domestic and cross-border money transfers, merchant acquisition, and e-money issuance. These services aim to bolster the platform’s capabilities and cater to the growing demands of Singapore’s digital economy and gaming sector.

Cross-Border 110

Cross-Border Payments Payments Institute On-Demand 110

Finextra

JULY 8, 2025

Home Announcements Payments Dext and Airwallex introduce cross-border payment routing and accounting for SMEs External This content is provided by an external author without editing by Finextra. The Dext Airwallex partnership gives small businesses built-in payment options that make it easy to connect accounting and banking tasks.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Accounts Payment APIs and Integration 52

Fintech News

JUNE 24, 2025

Together, they support the reference architecture of ACI Connetic, which brings card and account-to-account processing onto a single platform. Designed to meet the demands of modern banking, ACI Connetic integrates payments processing with fraud prevention features and modern cloud architecture.

Payment APIs and Integration 83

Payment APIs and Integration Fraud Prevention Non-Bank Payments 83

Fintech Finance

DECEMBER 3, 2024

PayRetailers’ updated Pix solution has been tailored specifically for Brazil’s sports betting market, ensuring operators comply with new regulations that require payments to be processed only through bank accounts registered to individual players.

Regulations 98

Regulations Account Validation Compliance Automation 98

Fintech News

DECEMBER 22, 2024

Her leadership is expected to enhance Thredds ability to scale and adapt its platform to meet market demands. In Singapore, Hazel Oh takes on the role of Vice President of Account Management for the APAC region. She has extensive experience in highly regulated environments and has worked on AML and compliance technology initiatives.

APACS 103

APACS Issuers Commercial Card AML 103

Fintech Finance

JUNE 23, 2025

With traditional architectures creaking under the weight of new demands and digital-native players setting new benchmarks for performance, availability and innovation, regulators across the globe have called on banks to shore up defences and increase operational resilience.

Technology 84

Technology Payment APIs and Integration Non-Bank Fraud Prevention 84

Fintech News

JANUARY 21, 2025

These restrictions were aimed at ensuring that the platform could manage the demand of Indias massive digital payment ecosystem while maintaining security and performance standards, the Financial Express reported. In India, WhatsApp Pay was initially introduced in 2020 with a 40 million user cap. PhonePe has an estimated 47.8%

Caps 119

Caps Digital Payments Debit Card Facilitators 119

Fintech News

JUNE 15, 2025

While Spenmo focused on bill payments and corporate cards, Summit was positioned as a platform for accounts payable automation. However, the company’s internal communication acknowledged that its initial plan to repurpose Spenmo’s core features for quick growth did not align with the specific demands of its new market.

On-Demand 101

On-Demand Automation FinTech Accounts 101

Clearly Payments

OCTOBER 31, 2024

Growth Trends : Despite the rise of alternative payment methods, credit card transactions continue to grow in sectors like travel, accounting for 60% of all travel bookings globally. Debit Cards Overview : Debit cards draw directly from a user’s bank account, making them a popular alternative to credit for consumers who prefer to avoid debt.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

Basis Theory

NOVEMBER 12, 2024

Today, we can tokenize anything from credit card primary account numbers (PAN) to one-time debit card transactions or social security numbers. Historically, data security has been treated as featureless and burdensome—but a necessary expense incurred by organizations. Return to Top Why use a tokenization platform?

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

Fintech Finance

NOVEMBER 6, 2024

The UK’s largest independent payments broker Accept Cards has today launched an innovative cash payments solution to respond to SME demand for instant, affordable cash deposits which underpin cash flow stability. Retail, convenience and hospitality sectors are expected to most utilise the service due to customer requirements and demand.

Payments 98

Payments On-Demand Settlement Bank Closure 98

Fintech Finance

FEBRUARY 24, 2025

Roberto Catanzaro, Head of Merchant Services in Nexi Group comments: “We facilitate fast checkout solutions online, offering all the payment methods that are in demand by local consumers. Since the pilot launch in the Nordics, merchant customers of Nexi have on average seen their conversion rates grow.

Online and Mobile Banking 96

Online and Mobile Banking On-Demand Facilitators Checks 96

Fintech Finance

NOVEMBER 28, 2024

However, consumers are demanding more flexible options at checkout. Account to Account (A2A) payments Having gained global traction in recent years, A2A payment spend in the UK in 2024 has been over £79 billion ($102bn), according to Juniper Research. This year’s Black Friday and Cyber Monday spend is projected to reach £3.8

Consumer 98

Consumer Cross-Border Cross-Border Payments PayPal 98

Clearly Payments

NOVEMBER 6, 2024

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. Acquirers also handle transaction settlement and ensure funds are deposited into the merchant’s account.

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

Fintech News

JUNE 16, 2025

For instance, with cloud computing, fintechs can serve customers easily during demand spikes like national holidays or sales events without needing more physical infrastructure.” Globally, cloud computing is expected to account for over US$1 trillion in value among the top 500 companies.

Visa 83

Visa ISO 20022 Payment APIs and Integration ISOs 83

The Payments Association

OCTOBER 28, 2024

This approach allows them to quickly respond to changing market demands and consumer preferences, rolling out new features and enhancements on a much shorter timescale than the traditional waterfall development models used by legacy payment processors.” The demands of modern payments have created challenges for outdated systems.

Process 100

Process Payment APIs and Integration Processors Payments 100

Fintech Finance

MAY 28, 2025

KNET utilized ACI’s Digital Central Infrastructure solution to build the central payment infrastructure of WAMD, an interoperable, countrywide scheme that enables account-to-account (A2A) payment transfers via a bank’s mobile app or internet banking service by using a phone number. billion of additional global GDP growth.

Real Time Payments 52

Real Time Payments Accounts Financial Inclusion Payments 52

Fintech Finance

NOVEMBER 7, 2024

According to the British Retail Consortium, debit and credit cards account for over 85% of all spending in the UK. Transaction costs are simple and straightforward: there’s only one fee for all payment types, while fees now only apply to payments above £ 10, and payouts are in the merchant’s business account the very next day.

Transactions 96

Transactions Payments Credit Cards On-Demand 96

Fintech News

JANUARY 14, 2025

This move responds to the growing demand in the Asia-Pacific region for more sophisticated and user-friendly trading tools. The integrated platform offers access to US stock markets through Moomoo accounts, eliminating the need to switch between platforms.

On-Demand 119

On-Demand Accounts Process FinTech 119

Fintech Finance

DECEMBER 17, 2024

At the Digital Future Forum, Visa’s experts highlighted key trends set to redefine Vietnam’s payment landscape by 2025: Real-Time and Account-to-Account Payments: Consumers and businesses demand faster, more efficient payments. Vietnams stable inflation and projected GDP growth of 6.1% in 2024, rising to 6.5%

Payments Trends 97

Payments Trends Cross-Border AI Payments 97

Fintech Finance

APRIL 17, 2025

MoneyGram customers in the United States can now use Plaid’s technology to help authenticate their bank accounts, enabling fast and secure funding for both domestic and cross-border payments. ” Meeting Consumer Demand with Plaid Consumers increasingly expect seamless, connected financial services and products.

Global Payments 85

Global Payments Cross-Border Payments Cross-Border Credit Union 85

Fintech Finance

FEBRUARY 20, 2025

A significant portion of consumers now recognise the benefits of Open Banking payments, which allow secure, regulated transfers directly from and into bank accounts enabling faster and more cost-effective payments. The demand for innovative payment solutions is clear, with high-income groups particularly keen on adopting VRPs.

Innovation 87

Innovation Payments On-Demand Regulations 87

VISTA InfoSec

JANUARY 18, 2024

Changing Defaults and Removing Unnecessary Accounts Before installing a system on the network, it’s crucial to change all vendor-supplied defaults and disable or remove any unnecessary default accounts. Vendor manuals and online sources can be used to find vendor-supplied accounts and passwords. to PCI DSS v4.0: PCI DSS v3.2.1

PCI DSS 289

PCI DSS Procedures Encryption Security 289

Fintech Finance

JANUARY 7, 2025

Bringing over 15 years of experience, respectively, in financial technology and payments, Langbridge and Sandhofer will oversee and scale Wise Platforms strategic partnerships, growth, and commercial strategy across the regions, as demand for its solutions rapidly grows.

Cross-Border 98

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

Clearly Payments

DECEMBER 19, 2024

Mobile Wallets Account for a Massive 30% of Global Transactions Mobile wallets like Apple Pay, Google Pay, and Samsung Pay have become household names. Mobile Wallets Account for a Massive 30% of Global Transactions Mobile wallets like Apple Pay, Google Pay, and Samsung Pay have become household names.

BNPL 105

BNPL Contactless Payments Processors Payments 105

Payments Dive

JUNE 12, 2025

While 48% of cash-paying drivers use cash for budgeting reasons, 17% of cash-payers don’t have bank accounts, and 12% aren’t credit or debit cardholders, according to the February survey of 1,548 U.S. Our research found that 51% of consumers store funds directly in payment apps, effectively using them as alternative bank accounts.”

Digital Payments 88

Digital Payments Payments Privacy Push-to-Card 88

Fintech Finance

JANUARY 7, 2025

STICPAY , a leading global e-wallet service provider and payment gateway, today announces a major increase in the number of countries and currencies it offers money transfers to as it aims to meet the growing demand for cross-border payments. Its global network reaches more than 1 million consumers worldwide, spread across over 160 countries.

Cross-Border Payments 96

Cross-Border Payments Cross-Border Payment Gateways Gateways 96