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Eva Selamlar, Head of FIND; Christoph Knig, Deputy State Secretary of the State Secretariat for International Finance (SIF); Tanya Knig, moderator and journalist; Frank Grtter, Ambassador of Switzerland to Singapore; Regula Kurzbein, Deputy Head of Mission at the Embassy of Switzerland in Singapore. Adoption varies around the world: the U.S.
Tapcheck, a leader in on-demand pay services, will integrate its earned wage access (EWA) feature directly into Viventium’s robust payroll and HR platform, enabling seamless access to Tapcheck’s pay benefits for a swiftly growing healthcare workforce of more than 500,000. “This collaboration marks a new era for Tapcheck.
As digitalisation reshapes finance, the industry is transitioning beyond traditional open banking into a comprehensive open finance model, enhancing both access and transparency for consumers. In this context, CBI advocates for a flexible, modern, and transparent approach to effectively address evolving market demands.
By enabling more tailored solutions, streamlining operations, and addressing vital concerns like fraud and security, embedded finance is becoming a crucial driver of innovation. Nonprofits are a prime example, where razor-thin operating budgets demand efficiency at every level.
A new phase where these two forces blend more deeply into the financial system, not just serving finance, but reshaping it entirely. While powerful, they typically operated in isolation and addressed narrow user needs. These newer platforms blend data, automation, and embedded finance in ways that simplify user experience.
CloudPay , the global leader in payroll solutions, today announces a new partnership with Banco Santander , one of Spains largest banks, redefining the employee pay experience through on-demand pay. By partnering with Banco Santander, CloudPay has helped open the doors of Pay On-Demand to businesses of all sizes across Spain.
Reem Finance , a corporate and retail finance specialist regulated by the UAE Central Bank , has selected Temenos , the composable banking platform, to power a new digital community bank in the United Arab Emirates.
Chocolate Finance announced on 15 March 2025 that customers have started receiving their requested funds following a temporary suspension of instant withdrawals earlier this week, according to the Business Times. Chocolate Finance initially suspended instant withdrawals on Mar 10, citing high demand.
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.
From open banking to open finance and beyond: The future of financial data-sharing March 18 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The evolution of open banking into open finance, examining regional regulatory approaches and adoption trends. Why is it important?
2] The e-book also addresses the growing importance of cybersecurity and fraud prevention, as digital payments become increasingly prevalent. Staying competitive requires a customer-first mindset, embracing change and collaborating across the ecosystem to innovate quickly and address challenges head-on. compared to 2023. [1]
The survey reveals that 81% of merchants anticipate a surge in digital wallet usage, while 69% expect Open Banking and instant bank transfers to gain popularity as consumer demand for convenient, secure payment options continues to grow.
The FPC promotes diverse perspectives and collaboration to address barriers to faster payments. Visas initiative sets an exemplary model for financial institutions to meet the demands for speed and efficiency. Cardholders Bank Accounts in One Minute or Less appeared first on FF News | Fintech Finance.
Establishing this trust means addressing patient expectations at every level — from the quality and transparency of medical treatment to the reliability of administrative services, including billing and payment processes. This enables us to focus on our mission of providing quality healthcare.”
The post Worldline Launches FlexPricing, Empowering Software Vendors to Maximize Revenue Streams appeared first on FF News | Fintech Finance. FlexPricing empowers partners to enhance their revenue models and optimize the billing experience for their merchants. worldline.com.
The acquisition strengthens Mambu’s position as an industry leader, in a move that underscores market confidence and growing demand for modern financial experiences. The post Mambu Acquires Payment Technology Provider Numeral, Bolstering Its Market Position to Target New Growth Opportunities appeared first on FF News | Fintech Finance.
This revolutionary technology addresses the growing demand for advanced, secure, and user-friendly payment methods. The post Voice AI Comes to Payments appeared first on FF News | Fintech Finance. Voice Technology: Bridging the AI Gap in Payments Nearly 81% of American consumers use voice technology daily according to TELUS.
The regions strong fundamentals, coupled with a growing digital economy, promise continued growth and innovation in the coming years, a new report by Royal Park Partners (RPP), a fintech-focused corporate finance advisory firm, says. Southeast Asia’s youth, aged 15 to 34, account for over a third of the population.
This model enables SMEs to receive funds quickly, improving their ability to respond to market demands or cover urgent expenses. Many business owners struggle with accounting, budgeting, and cash flow, lacking the expertise and tools to manage finances efficiently.
CREST membership is an important recognition as it implies that the organization that is accredited meets the strict standards for addressing complex cybersecurity challenges and is adhering to best practices in security testing. SWIFT CSP Assessor Accreditation : Supporting secure financial operations globally.
The launch of the Doha Bank Visa Virtual Corporate & Purchasing Card on the Visa Commercial Pay reflects our dedication to this longstanding partnership with Visa and our commitment to addressing the evolving payment needs of our economy.”
Although Vietnam’s digital finance market has seen rapid growth over the last few years, many consumers still struggle to access secure and high-quality financial services due to ineffective risk assessment systems. . The post Fundiin Teams up With Visa to Enhance Credit-scoring Model appeared first on FF News | Fintech Finance.
Tokenisation is now a core enabler of secure, interoperable digital paymentspowering embedded finance, asset tokenisation, and evolving identity flows. The growing prevalence of digital wallets, embedded finance, and increasingly complex payment ecosystems means tokenisation is no longer a tactical upgrade but a strategic imperative.
This report provides a comprehensive analysis of the key trends defining the payments sector in 2024, highlighting the opportunities for strategic growth, as well as the challenges posed by regulatory pressures, financial crime, and evolving infrastructure demands.
Juicyway addresses this need by leveraging stablecoin technology to enable fast, affordable global money transfers with 24/7 execution and settlement. Our growth in a short period of time reflects the underlying demand for better global payments. The old systems werent built to support this. In 2023, Africa received an estimated $90.2
The trade finance industry has been aspiring for greater digitalisation, striving to tap into potential benefits such as improved transparency, efficiency, risk mitigation and support for small and medium-sized enterprises (SMEs).
Recognized as one of the world’s leading FinTech events, this year’s festival brought together over 900 speakers and tens of thousands of participants from around the world to focus on topics including opportunities and risks of AI in finance, next-gen cross-border transactions, and developing the FinTech talent of tomorrow.
Following the landmark revisions introduced by PSD2, this new update is poised to address lingering challenges while adapting to the rapidly evolving financial and technological landscapes. This is especially important as consumers demand more clarity and accountability from financial service providers.
trillion by 2027, and NORBr is addressing the substantial development costs and long timelines that create barriers for operators aiming to modernize or launch payment solutions. Meeting a critical market need The global payments market is projected to reach $2.2
Open banking and open finance promise significant benefits for consumers and businesses alike. But what do firms need to do to ensure they make the most of the next future of finance? Organisations must evaluate whether their in-house capabilities can truly match the pace of change and innovation that open financedemands.
By providing compliant, instant settlement solutions through stablecoins, we aren’t merely addressing a pain point; we are creating new opportunities for accessing, paying for, and experiencing luxury services on a global scale. . “The luxury aviation market is ready to be upgraded.
The demand for innovative payment solutions is clear, with high-income groups particularly keen on adopting VRPs. Despite consumer enthusiasm, gaps in Open Banking protections for consumers and merchants must be addressed. ” The post UK Demands More Innovative Payment Methods appeared first on FF News | Fintech Finance.
Volante Payments Intelligence addresses the increasing volume and complexity of the payments landscape, driven by the proliferation of real-time payments, the adoption of ISO 20022, and the digitization of payment flows.
Boost Payment Solutions , a global leader in B2B payments, today announced a partnership with international payment pioneer TransferMate that is designed to address the growing demand for cross-border payments. based BINs to expand the reach of those programs into cross-border payments.
New crypto regulations came into effect, introducing requirements relating to anti-money laundering (AML) and countering the financing of terrorism (CFT) and financial stability, and reflecting Singapores commitment to fostering innovation in the crypto and tokenization space.
Featuring presentations led by EFTCorp’s team alongside an address from a representative of the Zambian Ministry of Technology and Science, the event brought together leaders and innovators from Zambia’s banks, microfinancers, and fintech sector.
Artificial Intelligence (AI) is gradually revolutionizing various industries, including the field of accounting and finance. In a recent webinar sponsored by Datarails , the FP&A solution for Excel users, three distinguished finance leaders came together to discuss the impact of AI on corporate finance.
A new phase where these two forces blend more deeply into the financial system, not just serving finance, but reshaping it entirely. While powerful, they typically operated in isolation and addressed narrow user needs. These newer platforms blend data, automation, and embedded finance in ways that simplify user experience.
Every modern enterprise, regardless of size, requires finance software to manage various aspects of its financial health. However, with the abundance of finance software available today, selecting the right one can feel overwhelming.
In Southeast Asia, demand for digital lending solutions is on the rise, driven by shifts in customer expectations, regulatory changes, and heightened scrutiny of environmental, social and governance (ESG) considerations.
An Evolving Landscape With the profession at a crossroads, leaders need to be cognizant of the ways in which their teams are struggling, how to support them, and why it’s time to consider new ways of working for themselves to meet soaring demands. Accounting thrives on precision and efficiency. But that doesn’t make things easy.
Qonto , the European business finance solution, has launched a new in-house financing solution, ‘Pay later’, extending its product offering and strengthening its market leadership as the most advanced business banking offer. per cent per month interest rate.
Introduction: The Perils of Compliance Programs Organizations across various sectors, including finance, government, and enterprise, are grappling with mounting challenges regarding compliance initiatives. But we’re finance and accounting professionals, and professional sports was likely never a real option.
However, they usually lack a strong financial background, and it's essential to have effective finance and accounting support for a business to thrive. A startup usually can't afford to establish a complete finance organization with accountants, controllers, planners, and tax specialists right from the beginning.
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