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Payment trends in Asia are changing how businesses and people transact from the digital-first economies of China and Singapore to the quickly changing markets of Indonesia and Vietnam. The shift toward digitised payments brings heightened concerns about cybersecurity, fraud, and regulatory compliance.
Embeddedfinance is rapidly changing the way consumers and businesses alike interact with financial services. As traditional banking processes are replaced by more integrated financial solutions, companies across industries are embeddingpayment processing, lending, insurance, and investment services directly into their platforms.
VoPay , a leading provider of embeddedpayment solutions, is revolutionizing how engineers and product teams integrate financial technology with the launch of its API GPT Assistant. Key Features of the API GPT Assistant: Instant AI-generated API code tailored to their unique integration needs.
A new partnership has been announced between Swedish embeddedfinance provider Intergiro and SEON , the digital fraud prevention and compliance firm, to improve security in the former’s embeddedfinance ecosystem and combat growing cyber threats.
From retail apps offering one-click loans to HR platforms integrating earned wage access, the experience is fast, seamless, and invisible. The partnerships driving embeddedfinance are complex and expanding. A Market Racing Ahead of Its Controls The embeddedfinance industry in the UK is projected to reach $7.76
Tokenisation is now a core enabler of secure, interoperable digital paymentspowering embeddedfinance, asset tokenisation, and evolving identity flows. Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments.
Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Security & compliance risks: Meeting growing AML, fraud prevention, and regulatory demands is difficult with rigid, outdated infrastructure.
As the Financial Conduct Authority (FCA) prepares to take over full responsibility for regulating UK payments, new research from Equals Money reveals that combating fraud and tackling widespread delays are top priorities for higher-risk players in the industry. “Money services firms operate in complex, fast-moving environments.
Fintech Galaxy , the open banking infrastructure provider founded in the UAE, is partnering with ProgressSoft , a real-time payment solution provider, to accelerate open banking adoption and regulatory compliance across the Middle East and North Africa (MENA).
These included cloud accounting, SME lending dashboards, invoicing tools, and payment portals. It also supports tax compliance, pension contributions, and access to earned wages before payday. These newer platforms blend data, automation, and embeddedfinance in ways that simplify user experience. lies embeddedfinance.
one of Europe’s leading financial services providers, reveals digital wallets and Open Banking as pivotal forces set to transform the payments landscape in 2025. The findings reflect an industry-wide shift toward faster, more adaptable payment methods that meet consumer expectations in an increasingly digital economy.
Kotapay , a division of First International Bank & Trust (FIBT), today announced Raisin , the global savings and investment platform, as the first financial technology company to integrate with its new bank-direct banking as a service (BaaS) platform, known as Kavinu. approach. .
The payments outlook 2025: Strategic priorities from industry leaders May 2 2025 by Payments Intelligence LinkedIn Email X WhatsApp Whats the article about? The strategic priorities for the payments industry in 2025, as discussed by senior payments leaders who attended a Payments Labs roundtable.
Fintech Galaxy , a regional leader in Open Banking and financial innovation, and ProgressSoft , a global provider of real-time payment solutions, have partnered to fast-track Open Banking adoption and regulatory compliance across MENA.
APIs have played a central role in the digital evolution of banking. Initially, APIs were point-to-point connectors to enable simple integrations; with rapid innovations, they have now matured into a foundational layer supporting a wide range of use casesfrom customer onboarding and loan origination to card issuance and fraud detection.
Worldpay has expanded its embeddedfinance offering to Canada and the UK, while enhancing its presence in Australia, in response to increasing demand for embedded financial services from small and medium-sized businesses (SMBs).
Today, finance leaders are not only responsible for budgeting and compliance, but also for enabling growth through smart, scalable technology choices. Modern finance teams rely heavily on embeddedfinance, SaaS fintech software, financeAPIs, and cloud-based platforms to run everything from payments to compliance to cash management.
Digital wallets, open banking and instant bank transfers are set to become the main forces transforming the payments landscape in the coming year, according to new research by payabl , the European financial service provider. As Europe’s SEPA Instant payment deadline approaches on 9 January 2025, industry readiness remains uncertain.
In the rapidly evolving world of digital commerce, payment infrastructure is more critical than ever. While companies like Stripe and Adyen often dominate the conversation, Checkout.com has steadily built one of the most powerful and sophisticated payment platforms globally. Checkout.coms commitment to performance is evident.
EuroPA is an alliance of national digital payment champions – 𝗕𝗮𝗻𝗰𝗼𝗺𝗮𝘁(Italy), 𝗕𝗶𝘇𝘂𝗺 (Spain), 𝗠𝗕 𝗪𝗔𝗬 (Portugal), 𝗕𝗹𝗶𝗸 (Poland), 𝗜𝗥𝗜𝗦 (Greece), and 𝗩𝗶𝗽𝗽𝘀 𝗠𝗼𝗯𝗶𝗹𝗲𝗣𝗮𝘆 (Nordics). Wero enables instant, account-to-account (A2A) payments without relying on traditional card networks.
Marqeta is not just another payments company. By offering flexible, developer-friendly infrastructure, Marqeta empowers companies to launch, control, and manage customisable payment cards at scale. Marqeta set out to solve these problems by building a flexible API platform for issuing physical and virtual cards on demand.
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? What’s next?
In their place stands a more sophisticated and scalable payment conduit: the digital wallet. From biometric-enabled tap-and-go to invisible in-app payments, checkout time is collapsing—and conversion rates are rising. Speed Converts: Digital wallets eliminate physical and cognitive friction.
The Okoora DashDevs partnership brings together a powerful embedded FX infrastructure that will help fintechs make cross-border payments easier. This Okoora DashDevs Partnership addresses a growing pain point for fintech startups and financial platforms of how to efficiently manage currency risk and cross-border payments at scale.
From fresh AI applications to the new uses for embeddedfinance, fintech is experiencing a renewed momentum. Embeddedfinance matures Why it matters: Embeddedfinance has been trending upward in fintech over the past few years, and for good reason.
These included cloud accounting, SME lending dashboards, invoicing tools, and payment portals. It also supports tax compliance, pension contributions, and access to earned wages before payday. These newer platforms blend data, automation, and embeddedfinance in ways that simplify user experience. lies embeddedfinance.
Cross River Bank (“Cross River”), a technology infrastructure provider that offers embeddedfinance solutions, announced the launch of Request for Payment (RfP), a transformative addition to its growing suite of instant payment capabilities. RfP is a smarter, more flexible way to receive incoming funds.
From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. billion payments Coda 2.5 billion payments, gamification Airwallex 5.5 billion insurtech Matrixport 1.05
Financial institutions that delay transformation risk regulatory non-compliance, competitive disadvantage, and operational inefficiencies that compound exponentially over time. Open banking mandates, real-time payment requirements, and evolving data privacy regulations require architectures built for adaptability, not just stability.
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. It expresses the views and opinions of the author. It expresses the views and opinions of the author.
Home Announcements Payments Okoora and DashDevs partner on embedded FX infrastructure for fintechs External This content is provided by an external author without editing by Finextra. DashDevs will integrate Okoora’s FX360 modules directly into the fintech platforms it designs and builds for clients.
In addition, the process of integrating Zūm Rails APIs into Western Union’s network is set to enable the company to drive real-time movement of funds for Western Union customers using Interac eTransfer. Free Headlines in your E-mail Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Fintech, or financial technology, is the integration of technology into financial services. This includes services like mobile banking, peer-to-peer payments, investment platforms, and blockchain applications. Payments and Transfers This is the most mature segment. What Is Fintech? At its core, fintech challenges the status quo.
In practice, this means banks expose certain data (like account balances or transaction history) through open APIs, but only when you, the customer, give consent. The result was an explosion of fintech apps offering budgeting, lending, payments, and investment services that leverage multiple banks’ data.
First, Vantage Bank has teamed up with Infinant for its Interlace Platform , which it will use to power its embedded banking business, Vantage Collabs. The bank’s new offering provides embedded banking services to fintech brands, payment infrastructure providers, and other financial institutions. ” With $4.5
The move allows institutions using Qualy to manage incoming and outgoing international transactions directly within the software, including payments from students and remittances to education agents. A central feature of the integration is automated reconciliation.
Following this announcement, the collaboration is set to enable IFX Payments to leverage Form3’s Verification of Payee (VoP) solution for SEPA accounts, aiming to strengthen its defences against payment fraud and aligning with the Instant Payments Regulation mandate.
In a recent webinar, B2B payments service provider Bottomline brought together regional experts to discuss how banks in APAC can close the gap and compete more effectively. Why SaaS Matters Now: The Pressure to Modernise The adoption gap is especially significant given APAC’s leadership in payment innovation.
Hybrid AI deployment models AdviceRobo’s clients—credit bureaus, retailers, digital banks and credit platforms —often span multiple jurisdictions and compliance regimes. Explainability as core infrastructure AI in finance must be auditable, not a black box. This capability isn’t just about compliance. Its about empowerment.
Versapay , an Accounts Receivable (AR) platform, has appointed Elizabeth Bramlage as chief marketing officer.With over 15 years of experience leading marketing for high-growth fintech and payments companies, Bramlage most recently served as CMO at ComplyAdvantage , a global provider of financial crime compliance technology.
However, as the industry flourishes, so inevitably do the risks ranging from fraud to late payments. Affirm has introduced dynamic payment schedules in the US, while Riverty in Germany uses AI-driven tools to predict user behavior and optimize repayment plans. on an annual basis to reach US$560.1 billion in 2025.
Flix Flix enables financial platforms to offer seamless cross-border payments via WhatsApp, combining embeddedfinance with a fast, familiar, and conversational user experience. Banks, credit unions, fintechs, or any other business looking to meet security awareness and compliance needs. Banks and credit unions.
Following this announcement, Tuum’s core capabilities, in partnership with Salt Edge’s Open Banking Compliance solution, are set to support LHV Bank in the process of providing more secure and efficient services.
Following this announcement, the collaboration is expected to enable businesses across the globe to offer Affirm’s flexible, transparent, and secure pay over time options through the use of a single APIintegration.
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