Finextra

DECEMBER 11, 2024

Bank-to-bank Payment network Swift is working with Google Cloud to develop multi-jurisdictional anti-fraud technologies that use advanced AI and federated learning

SWIFT 121

SWIFT Payment Networks AI Technology 121

Fintech News

DECEMBER 11, 2024

The State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) announced the successful implementation of a cross-border QR payment system between the two countries. The pilot project, which began in mid-2022, has been completed as scheduled. This initiative allows Vietnamese and Cambodian visitors to use their domestic currencies, VND and KHR, for payments at various merchants in each other’s country.

Cross-Border 110

Cross-Border Payments Facilitators Mobile Banking 110

Fintech Finance

DECEMBER 11, 2024

To better combat fraud in cross-border payments, Swift, the global provider of secure financial messaging services, is working with Google Cloud to develop anti-fraud technologies that use advanced AI and federated learning. In the first half of 2025, Swift plans to roll out a sandbox with synthetic data to prototype learning from historic fraud, working with 12 global financial institutions, with Google Cloud as a strategic partner.

SWIFT 92

SWIFT AI Cross-Border Payments Privacy 92

Fintech News

DECEMBER 11, 2024

Since Singapore launched its first digital bank in 2022, five digital banksGXS Bank, MariBank, ANEXT Bank, Green Link Digital Bank, and Trust Bankhave entered the market, challenging traditional banking models and reintroducing fintech innovation to Singapore’s financial landscape. T hese Singapore digital banks are reshaping the sector by targeting underserved segments, driving innovation, and intensifying competition.

Underserved 103

Underserved Regulatory Compliance Innovation Financial Inclusion 103

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

Product

Fintech Finance

DECEMBER 11, 2024

Armalytix , an award-winning fintech company that helps firms establish their clients financial position for compliance, affordability and more, has partnered with Birchall Blackburn Law, a highly respected law firm in conveyancing. 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.

Laws 98

Laws Transactions FinTech Legal 98

Fintech Finance

DECEMBER 11, 2024

By the end of 2024, Bank of America corporate clients will have made over $1 Trillion in payment approvals on the banks CashPro App, the mobile application that companies use to manage their treasury operations. This will represent a more than 25% year-over-year increase in payments approved via the app, illustrating that clients are further utilizing the technology for its enhanced security and convenience.

Payment APIs and Integration 91

Payment APIs and Integration Online and Mobile Banking Treasury Payments 91

The Payments Association

DECEMBER 11, 2024

2025 payment trends focus on digital wallets, instant payments, AI, fraud prevention, and consumer convenience, driven by evolving regulations and innovation. As the payments landscape evolves, businesses face increasing pressure to adapt to technological advancements and changing consumer expectations. What was once cutting-edge has quickly become standard, and the pace of innovation shows no signs of slowing.

Payments Trends 88

Payments Trends Fraud Prevention Instant Payments Payments 88

Fintech Finance

DECEMBER 11, 2024

ClearCourse , a leading provider of industry-specific software and payments for UK SMEs, is pleased to announce the appointment of FinTech, Software and Payments veteran Simon Black as Non-Executive Director. Simon has a track record of leading technology companies through rapid periods of growth and brings a wealth of experience in strategy, branding, M&A and fundraising.

FinTech 97

FinTech Payments Embedded Payments On-Demand 97

The Payments Association

DECEMBER 11, 2024

What is this article about? The FCA’s proposed safeguarding reforms in light of the UK’s National Payments Vision and associated challenges. Why is it important? It highlights the need for a strategic, proportionate approach to safeguarding that aligns with broader regulatory and consumer protection goals. What’s next? The FCA and HM Treasury must reflect on the National Payments Vision to refine safeguarding reforms, ensuring customer benefits at a reasonable cost.

Treasury 88

Treasury Payments Consulting Consumer Protection 88

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

Payments

Fintech Finance

DECEMBER 11, 2024

Computop , the leading German payment service provider, known for connecting large retail companies to international payment methods, is entering a new business area with payment processing for acquirers. This move will also promote the market launch of the new European Wero Wallet. EPI (European Payment Initiative), the operator of Wero, relies on acquiring banks for the acceptance of Wero payments.

Acquirers 97

Acquirers Process Payments Correspondent 97

Fintech News

DECEMBER 11, 2024

Circle Internet Group and world’s largest crypto exchange Binance have formed a strategic partnership to expand the use of USDC, a stablecoin pegged to the US dollar. Binance will integrate USDC more deeply into its platform, offering over 240 million of its global users more options to trade, save, and use USDC for payments. The crypto exchange will also hold USDC as a significant asset in its corporate treasury.

Stablecoins 77

Stablecoins Ubiquitous Treasury Innovation 77

Fintech Finance

DECEMBER 11, 2024

An anonymous data analysis of US social finance app Frich s community of 700k+ Gen Zers reveals that the second week of December sees the highest use of buy now, pay later services such as Klarna. BNPL spending next week is expected to rise beyond last year’s mid-December spike, as Gen Z heads into Christmas with higher debt levels compared to 2023.

BNPL 98

BNPL Credit Cards Financial Literacy Credit Union 98

Fintech News

DECEMBER 11, 2024

KAST, a fintech platform focused on stablecoins, has raised US$10 million in a seed funding round led by HSG (HongShan Capital Group) and Peak XV Partners. The round also saw participation from angel investors and partners of DST Global and Goodwater Capital. The funding will support KAST s initiatives in product development, licensing, international expansion, and hiring.

Stablecoins 90

Stablecoins Cross-Border SWIFT Volume 90

Advertisement

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

Use Case

Stripe

DECEMBER 11, 2024

Card testing is one of the most significant fraud threats to Stripe, its users, and the broader financial ecosystem. Stripes machine learningbased approachbased on rapid detection and retraininghas led to successful card testing attacks on Stripe decreasing by 80% over the last two years.

Continuity 73

Continuity 73

Clearly Payments

DECEMBER 11, 2024

Alternative Payment Methods (APMs) have become a big part of todays evolving fintech landscape, as consumers seek faster, more convenient, and secure ways to pay. As digital transformation continues, new payment methods have grown beyond traditional credit and debit cards, reshaping the way businesses accept payments and how customers choose to make them.

Alternative Payment Methods 59

Alternative Payment Methods Online and Mobile Banking BNPL Payments 59

The Fintech Times

DECEMBER 11, 2024

MNT-Halan , the Egyptian fintech unicorn has achieved a new milestone in its Middle East expansion as it lands in the UAE. Underserved communities and businesses will now be able to benefit from a variety of accessible financial solutions by MNT-Halan. The first offering to launch in the UAE is Halan Advance, a fast, secure, and user-friendly salary financing solution, with additional services from its ecosystem set to follow.

Financial Inclusion 75

Financial Inclusion Underserved FinTech Security 75

Finextra

DECEMBER 11, 2024

With its rapid growth taking off in late 2022, the field of AI has been flourishing ever since.

AI 59

AI 59

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

Best Practices

The Fintech Times

DECEMBER 11, 2024

Many payment industry leaders are struggling with the complexities of the Markets in Crypto-Assets Regulation (MiCA), with 37 per cent citing uncertainty over which regulatory requirements apply to their businesses. This finding comes from a poll conducted during Clear Junction ‘s ‘MiCA Masterclass’ webinar, held in collaboration with financial services compliance consultancy fscom.

Regulations 69

Regulations Cross-Border Payments Cross-Border Stablecoins 69

Finextra

DECEMBER 11, 2024

One factor to apprehensive AI adoption is the overwhelm organisations feel when approaching their data, especially those that are not yet digital first. While attending Finextras inaugural NextGenAI event, Jonathan Ede, Director of Data Technology, CACI joined the studio to discuss his belief that only 20% of data is valuable. This in mind, he explains, enables organisations to approach AI and digitisation much more effectively and efficiently, whilst listing the pillars of AI: strategy, data an

AI 59

AI Technology 59

Finovate

DECEMBER 11, 2024

ThetaRay launched GenAI Financial Crime Detection Suite. The new suite is powered by Microsoft’s Azure OpenAI Service, which gives developers REST API access to OpenAI’s language models. The GenAI Financial Crime Detection Suite enables financial institutions to improve AML efforts, streamline compliance, and proactively manage risk indicators.

Financial Crimes 59

Financial Crimes Crime Money Laundering Risk Assessment 59

The Fintech Times

DECEMBER 11, 2024

SuperFi , a social impact fintech startup, has partnered with the London boroughs of Newham, Haringey, and Tower Hamlets to launch an initiative that rewards residents for paying their bills on time. The scheme, which aims to alleviate financial distress and prevent problem debt during the cost-of-living crisis, receives funding from the Greater London Authority s Tackling Poverty Challenge.

Authorization 59

Authorization Payments Small Business FinTech 59

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.

Payments

Finovate

DECEMBER 11, 2024

With only a few weeks to go until 2025, it is time to take a look at some of the trends we can expect to see more of in the next 12 months. There are a handful of topics that seem to be dominating the conversation in fintech as we wrap up 2024, and here’s what you’ll need to know as we head into 2025. Crypto I have to apologize for this one, because I know that many readers don’t want to hear anything about crypto.

FinTech 59

FinTech Stablecoins BNPL Cross-Border 59

The Fintech Times

DECEMBER 11, 2024

According to new research by payments services and open banking platform, Tink , climate-conscious consumers are investing in higher-quality goods, even if it means purchasing fewer items in total. The Tink report analysed the views of 2,000 UK consumers and over 500 UK high end merchants and found that 60 per cent of consumers would rather opt for higher-quality but fewer items, rather than many lower-quality items.

Consumer 59

Consumer Research On-Demand Authentication 59

Finextra

DECEMBER 11, 2024

Mobile phones are integral to modern life. An overwhelming 98% of 16 to 54-year-olds own a smartpho.

Security 52

Security 52

Stripe

DECEMBER 11, 2024

To compete with other payment methods for consumer preference, real-time payments are expanding their bundle of services to include subscriptions, credit, and in-person transactions.

Real Time Payments 52

Real Time Payments Transactions Consumer Payments 52

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

Continuity

Finextra

DECEMBER 11, 2024

Global fraud and financial crime prevention company Featurespaces technology has been granted a U.S. patent in the latest recognition of its world-class innovation.

Financial Crimes 52

Financial Crimes Crime Innovation Technology 52

The Nilson Report

DECEMBER 11, 2024

The post CFPB Orders Federal Supervision of Google Following Contested Designation appeared first on Nilson Report.

CFPB 52

CFPB Posting 52

Finextra

DECEMBER 11, 2024

In an era where technology is reshaping industries, wealth management is experiencing its own quiet.

Technology 52

Technology 52