This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Ecommerce and payments platform SumUp took the occasion of its annual Beacon event to announce the launch of a range of new products designed to address a variety of merchant pain points. ” Photo by Ivan Samkov The post SumUp Introduces Suite of New Solutions to Address Merchant Pain Points appeared first on Finovate.
In 2024, Alterya identified US$10 billion in scam-related transactions and worked with clients to reduce losses and address fraud effectively. security platform, as part of its broader strategy to address illicit financial activities. This acquisition follows Chainalysis’s recent purchase of Hexagate, a Web 3.0
This report highlights the need for unified action to address both domestic and cross-border risks, fostering a safer financial system for all.” The post Unified Action Needed to Address Both Domestic and Cross-Border Fraud Risks Reveals Nasdaq Verafin appeared first on The Fintech Times.
Bruce McCabe This year’s agenda features sessions covering critical topics shaping the future of payment security, including: Shaping the Future of Payment Security – Together: This session will explore collaborative approaches to addressing evolving security threats.
The project reached proof of concept by automating compliance procedures, addressing a critical challenge faced by global financial systems: the need to adhere to multiple regulatory standards across jurisdictions. This project serves as a critical building block for further advancements in cross-border payments.
EDP will cater to post-dated payments, deducting funds from the payer’s account upon presentment by the payee. A public consultation paper has been released , detailing the transition plan from cheques to e-payments and addressing the needs of businesses and individuals.
It has also notified impacted individuals by sending notifications via post to those whose mailing addresses were available. For individuals without a mailing address, DPH posted a notice on its website to provide necessary information and resources. 5 / 5 ( 1 vote )
Addressing these concerns, Carstens firmly stated, “mBridge is not the ‘BRICs bridge.'” This project, involving central banks and over 40 private sector participants, explores the use of tokenised deposits and wholesale CBDCs to streamline cross-border payments, addressing inefficiencies in existing systems.
The Trustfull platform addresses these challenges by offering open-source intelligence insights and real-time analysis on user contact details and location, enabling BNPL businesses to accurately differentiate between legitimate customers and high-risk applicants.
The partnership aligns the strengths of both organizations to address critical challenges in global payments. The post W Chain Collaborates With Google Backed NeurochainAI to Drive AI-Powered Innovation in Global Payments appeared first on FF News | Fintech Finance. NeurochainAI is backed by Google’s startup program.
To address challenges in cross-border remittances, Mastercard is expanding its Crypto Credential service, which simplifies sending and receiving digital assets with verified usernames. The post Mastercard Advances Stablecoin Use for Consumer Payments, Merchant Settlements appeared first on Fintech Singapore.
This report provides valuable insights into the usability factors that must be addressed to enhance the consumer and merchant experience and accelerate adoption. By identifying and addressing usability challenges, we can help drive broader acceptance and unlock the full potential of instant payments at the point-of-sale. The post U.S.
Stablecoins also address financial inclusion challenges. Featured image credit: Edited from Freepik The post Coinbase Sets Sights on Thai Baht and Philippine Peso Stablecoins appeared first on Fintech Singapore.
In a company blog post announcement, Plaid CEO and Co-Founder Zach Perret said that the funds will be used “to address employee tax withholding obligations related to the conversion of expiring restricted stock units (RSUs) to shares, and to offer some liquidity to our current team.”
Visa also addressed the challenge of slow payouts, a problem a recent Visa survey revealed affects over two-thirds of creators. Featured image credit: Edited from Freepik The post Visa Empowers Digital Creators with Small Business Tools and Resources appeared first on Fintech Singapore.
The Prime Minister Sir Keir Starmer has committed to back small businesses by unlocking barriers to growth, with the government committed to addressing access to finance and payment practices. Louise Stewart, CEO ProjectPay, said, “it is encouraging to see such commitment from the UK government in addressing this long-standing issue.”
Addressing scams at source However, while the majority are in favour of the rules, 71 per cent of UK adults remain worried that they won’t solve the problem of preventing scams before they happen. The post Tunic Pay: Over 70% of UK Adults Unaware of New Reimbursement Rules for Payment Scam Victims appeared first on The Fintech Times.
This suite addresses specific factors that challenge today’s fintechs, programme managers and bank sponsors.” Thredd’s new, best-in-breed services are designed to address clients’ and partners’ growing concerns regarding the complexity and cost of managing compliance and risk across multiple operational fronts and geographies.
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. Will VISTA InfoSec’s pricing change due to the new accreditation?
Available initially in the UK, the new platform caters to business clients, addressing common challenges faced when sending money abroad. Recognising an opportunity to address these pain points, we developed a customer-centric payment platform with an intuitive, easy-to-use interface and a seamless onboarding experience.
In it, the AFC urged the FDIC to withdraw the proposal stating that if enacted, the act could stifle responsible innovation and harm consumers without addressing broader market concerns. Pragmatic policymaking should address market-wide issues with input from stakeholdersnot impose a blanket response to a single failure.
The FPC is proud to deliver resources that support the industry in addressing fraud effectively and collaboratively, said FPC Executive Director Reed Luhtanen. One of the key takeaways from the report is the emphasis on the importance of collaborationboth pre- and post-transaction. The post U.S. faster payments infrastructure.
Many in the industry are now calling for fundamental reforms and new payment models to address and prevent recurring financial misconduct and instability. Parallels to Australia In its report, ProjectPay notes that the economic impact of the UK’s building boom could be devastating for the sector if insolvency rates are not addressed.
Bill Qkr addresses these issues with Mastercard’s tokenization technology, which securely stores card details for recurring payments and allows for quick QR-code-enabled payments for variable bills. Featured image credit: Edited from Freepik The post Mastercard Simplifies Bill Payments with Bill Qkr appeared first on Fintech Singapore.
The partnership seeks to address the significant credit gap faced by MSMEs in the region, which is estimated at US$2.5 The post ADB, Mastercard to Bridge US$2.5 The programme will prioritise women-led or -owned MSMEs and those engaged in climate finance. Trillion MSME Financing Gap in Asia appeared first on Fintech Singapore.
Geolocation is the process of identifying the geographic location of a device, user, or object using data such as GPS coordinates, IP address, Wi-Fi positioning, or cell tower triangulation. Wi-Fi Positioning Wi-Fi positioning relies on the unique MAC addresses of nearby Wi-Fi access points to pinpoint a user’s location accurately.
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.
However, challenges such as interoperability and fraud must be addressed to fully unlock the potential of faster payments. To learn more about the findings of the 2025 Faster Payments Barometer, download the comprehensive report: [link] The post U.S.
With a proven track record in transforming financial data collection across different sectors, Armalytix has developed a sophisticated platform that streamlines Source of Funds (SoF) verification, addressing long-standing challenges in legal financial processing. The partnership goes beyond simply gathering basic financial information.
This initiative, developed in partnership with Rhino Health and Capgemini , aims to address the limitations of conventional fraud detection methods, which often struggle to keep pace with sophisticated criminal tactics that span multiple institutions and countries.
. “ Oluwabankole Falade, Chief Regulatory and Government Affairs Officer at Flutterwave, added:“This approval showcases our dedication to complying with regulatory standards and our readiness to provide reliable payment solutions that address the unique needs of the Ghanaian market.
MCA is our response to this a fully digital application process, instant approval and fast funding to address the pain experienced by many business owners accessing capital. Featured image credit: Edited from Freepik The post GoTyme Indonesia Offers Flexible Financing for MSMEs with Danabijak, Olsera appeared first on Fintech Singapore.
Both companies share a mission to address inefficiencies, remove manual steps and enhance the security of business payments. ” The acquisition deepens Modulr’s focus on developing comprehensive solutions that address the evolving needs of businesses.
Address: 8th Floor, Kamar Business Centre, 2 Vazgen Sargsyan Street, Yerevan 0010, Armenia Email: enquiries.yerevan@fcdo.gov.uk The post Armenia Advances Digital ID Scheme as Part of Open Data Vision appeared first on Open Banking Excellence. Phone: (+374 10) 264301 Website: www.gov.uk/world/organisations/british-embassy-yerevan
By integrating Ottus payment technology, Edunation further enhances its offering, delivering a unified solution that addresses both educational and financial requirements. Together, we are not just addressing financial management challenges but also making school life simpler and more convenient for everyone involved.
Today Trustlya pioneering company founded to address the challenges faced by gaming operators and playersunveiled the latest iteration of its solution, now enhanced by its cutting-edge, industry-leading data capabilities. The post Trustly Unveils Next Generation of Pay N Play at ICE 2025 appeared first on FF News | Fintech Finance.
The platform addresses inefficiencies in legacy payment systems by offering improved transparency, instant liquidity, and enhanced security. Featured image credit: Edited from Freepik The post Partior Closes Series B at US$80 Million with Deutsche Bank Investment appeared first on Fintech Singapore.
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]
billion from crypto exchange Bybit, according to the South China Morning Post. In a public announcement, the FBI detailed that the malicious actors swiftly converted the stolen assets into bitcoin and other cryptocurrencies, dispersing them across numerous blockchain addresses. billion, to an unidentified address.
It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in global payments and trade. Their technology addresses a long-standing problem with an elegant solution. With its new funding, Mesta plans to scale operations, onboard more customers, and expand into new markets.
It aims to build innovative solutions that address existing challenges, all the while helping to drive sustainable growth and development in the region. This presents a significant opportunity to support the founders who are not only driving innovation, but also addressing the unique challenges and opportunities of the region.
In many countries, including Liberia, these funds help address food insecurity, drought, supply chain disruptions, floods, and debt servicing challenges. The post Tranglo Expands Services Across Africa appeared first on FF News | Fintech Finance. In 2023, remittances accounted for nearly 1.5
Circle stated the initiative addresses inefficiencies in cross-border payments, which can often take more than a business day and incur significant costs, citing World Bank data highlighting average costs exceeding 6%. The post Circle Launches Stablecoin Payments Network for Cross-Border Settlements appeared first on Fintech Singapore.
This integration addresses a key operational need, ensuring our users have reliable access to their funds in real time. The post Kuady Partners With MeridianBet (GMGI) to Power Seamless Payment Experience in LatAm appeared first on FF News | Fintech Finance.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content