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6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s most promising cross-border payments companies in 2024. One of Singapore’s entries is Partior. million Series A funding round led by Sequoia Capital Southeast Asia.

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FlexM Gets MAS Approval to Broaden Payment License Scope

Fintech News

The Monetary Authority of Singapore (MAS) has granted FlexM , a global fintech conglomerate, a Major Payment Institution (MPI) license. FlexM provides financial technology solutions to other financial institutions, covering payments, merchant acquisition, remittances, and regulatory compliance.

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Money20/20

Payments Source

Money20/20 is the world's biggest, boldest and best event covering payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology.

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FSB Consults on Recommendations Related to Data Flows and Regulation and Supervision in Cross-Border Payments

Fintech Finance

The Financial Stability Board (FSB) published today, for public consultation, its proposed recommendations to promote greater alignment in data frameworks related to cross-border payments and consistency in the regulation and supervision of bank and non-bank payment service providers.

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CFPB Proposes to Regulate Large Digital Wallet and Payment App Providers

Global Fintech & Digital Assets

The proposal would subject certain large non-bank companies offering wallet and payment services to federal regulatory oversight on par with banks and credit unions. The Proposal also excludes certain types of transactions, including the following: International payments or money transfers (e.g.,

CFPB 75
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NBO opens API gateway to Oman

Finextra

Through a robust set of APIs covering payments, accounts, mandates, CRM, cards, loans and open banking use cases, NBO’s platform empowers businesses and developers to streamline operations and drive automation. It aligns with the Central Bank of Oman’s vision to enable open banking and foster a digitally connected financial ecosystem.

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Money20/20

Payments Source

Money20/20 is the world's biggest, boldest and best event covering payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology.