Wed.Jan 22, 2025

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Cambodia’s Bakong Tourists App Now Supports Visa Cards for Payments

Fintech News

The National Bank of Cambodia (NBC) today marked the official integration of the Bakong Tourists app with Visa , expanding digital payment options for international visitors. While the app was first launched in November last year, this integration allows tourists to link their Visa cards from their home countries and make payments using KHQR codes at around 4.5 million merchants across Cambodia.

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Mastercard pilots Tap to Pay for ecommerce and in-app payments

NFCW

Mastercard is testing a new service that enables cardholders to simply tap their contactless bank card to their NFC smartphone in order to complete an ecommerce or other card-not-present transaction, executive vice president Jennifer Marriner has revealed. EVP: Mastercard’s Jennifer Marriner “The ease of tapping in store can be replicated in ecommerce through Tap to Pay,” Marriner explains. “If youre shopping online, you can tap your card against your phone to complete yo

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How Antom Helps Merchants Thrive in Southeast Asia and Beyond

Fintech News

The digital revolution in Southeast Asia (SEA) is transforming consumer behaviour, with the region’s digital economy projected to hit US$1 trillion by 2030. Digital payments are at the heart of this growth, offering consumers convenience, reliability, and efficiency. By 2025, SEAs internet economyencompassing e-commerce, food delivery, and financial services is expected to reach US$360 billion , driven by widespread adoption of digital wallets and flexible payment solutions.

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Ramp encroaches into digital bank territory with new treasury product

TechCrunch Fintech

Over the years, Ramp has built a name for itself in the corporate card and expense management space. Its branched out into travel, bill pay, and more, while raising over $1.2 billion in venture funding. Today, the six-year-old fintech startup is announcing a different kind of expansion — one that takes it into more of […] 2024 TechCrunch.

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Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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Ecommpay Adds Swish to Payment Platform to Improve Checkout Experience for Swedish Customers

Fintech Finance

Inclusive global payments platform, Ecommpay , has added Swedish banking app, Swish , to its growing list of Alternative Payment Methods (APMs). The app, which boasts a 39%+ share of checkout in Sweden, is the Swedish consumers preferred way to pay. By adding it to the Ecommpay payment platform for payments in SEK, merchants targeting the Swedish market will be able to optimise checkout performance.

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FloQast Achieves ISO 42001 Certification, Setting the Standard for Ethical AI in Accounting

FloQast

At FloQast, we set the bar high. Why? Aside from being how a business should be run, its also because of the accounting in our DNA: FloQast was created as a tool we wished existed when we were in the trenches, doing the work. As we continue to push the boundaries in the AI space , our AI-powered tools help accounting teams do more with lessenhancing decision-making, uncovering insights, and reducing repetitive tasks through intelligent automation.

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22 startups to watch in 2025

Bank Automation

Investors are exploring a multitude of fintech startups with the expectation that venture capital will bounce back in 2025 along with better macroeconomic conditions. While fintech funding this year may not match the $143 billion it reached in 2021, it is forecast to grow marginally higher than 2024, when funding fell 20% year over […] The post 22 startups to watch in 2025 appeared first on Bank Automation News.

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Mesta Launches Hybrid Fiat-Stablecoin Payment Rails for Cross-Border Payments

Fintech Finance

Mesta , a fintech platform reshaping global payment networks with hybrid fiat and stablecoin payment rails, unveiled its cross-border payment platform. It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in global payments and trade. Since its launch just 12 weeks ago, the platform has already processed $12 million in Total Payment Volume (TPV), demonstrating rapid market adoption.

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How are digital IDs reshaping industries for a secure and seamless future?

The Payments Association

The widespread shift to online reliance has created a greater demand for accessing various services online, including government public services and online retail payments. This increased digital dependency has raised the need for secure access and quick and easy identity verification online. Electronic forms of authentication and identification help individuals to access these services smoothly and quickly.

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Brite Payments Appoints Open Banking Expert George Parks Davie as VP Product

Fintech Finance

Brite Payments , a leader in instant bank payments, has announced that George Parks Davie has been appointed VP Product. Bringing more than 15 years of fintech experience in account-to-account (A2A) payments and open banking to the role, Davie will help expand Brites product offering in existing and new geographies, with a strong focus on user experience.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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Safeguarding changes: assessing the impact

The Payments Association

CP24/20 outlined the proposed interim and end-state rules in September 2024, and interested parties will have provided their feedback accordingly. Unsurprisingly, this proposal aligns the loosely adopted Payments Services Regulations 2017 (PSRs) and E-Money Regulations 2011 (EMRs) regime with the CASS regime. These rules have been created to accommodate the services and products offered within the sector, but how will these changes fit into the payments ecosystem?

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Paymob Secures UAE Central Bank License, Cementing Its Role as a Regional Fintech Leader

Fintech Finance

Paymob , the leading financial services enabler in MENA-P, announces it has been granted the Retail Payment Services License by the Central Bank of the UAE (CBUAE) after successfully meeting all regulatory conditions and requirements through a rigorous approval process. The license authorizes Paymob to offer merchant acquiring, payment aggregation services, and domestic fund transfers within the UAE.

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Smart Data Foundry Secures £3Million Funding for Financial Data Service

The Fintech Times

Smart Data Foundry , a not-for-profit subsidiary of the University of Edinburgh using financial data to tackle societal issues, has secured 3million in funding to operate a new Financial Data Service. Smart Data Research UK , part of UK Research and Innovation (UKRI), has awarded funding to Smart Data Foundry to enable more researchers to study the financial health of millions of households across the UK, by providing secure access to financial behaviours, economic resilience, and regional econo

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NomuPay, TerraPay, and KlickEx Pacific Join Forces to Revolutionise Money Transfers to the Pacific Islands

Fintech Finance

NomuPay , a leading fintech platform, together with its subsidiary KlickEx Pacific Limited and the global money movement company TerraPay, has launched a strategic partnership to deliver seamless and affordable money transfer services to the Pacific Islands. This collaboration aims to enhance financial inclusion and provide accessible remittance options for individuals throughout the region and beyond.

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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.

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Sensor Tower Reveals Consumer Mobile Spending Habits: Growing Appetite for AI Features

The Fintech Times

In 2024, consumer spending on in-app purchases and subscriptions hit $150billion globally, according to digital economy data provider, Sensor Tower. In its latest research, the firm uncovers how consumer spending on apps has evolved in the past year. In total, the State of Mobile report for 2025 by Sensor Tower, shows there has been a 13 per cent year-over-year (YoY) increase in subscriptions and in-app purchases.

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GMT Pay Launches as First Payment Gateway for Everyone to Use Web3 Earnings for Everyday Payments

Fintech Finance

FSL , the Web3 development studio behind the powerhouse Web3 lifestyle app STEPN, is excited to announce the launch of GMT Pay, an innovative payment solution. GMT Pay empowers users to earn through STEPN GO and other FSL products and seamlessly turn their GMT and GGT earnings into real-world purchases. This app bridges the gap between digital assets and everyday spending, making Web3 more accessible and practical for users worldwide.

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Ramp Launches Ramp Treasury to Make Use of Idle Cash

Finovate

Ramp debuts Ramp Treasury to help businesses earn interest on idle funds. The free, FDIC-insured account offers 2.5% interest or an investment account with rates up to 4.38%, all without fees or transfer limits. This is Ramp’s first foray into holding deposits. The company is partnering with First Internet Bank for the deposits and Apex for investments.

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The growing threat of AI-enabled fraud

Neopay

Generative Artificial Intelligence (GenAI) is revolutionising many industries, but with this innovation comes significant risks. GenAI refers to a type of artificial intelligence that can generate new contentsuch as images, text, music, and videosby leveraging vast amounts of data from sources like the web and social media. Using advanced generative models, it creates content that is increasingly realistic and sophisticated.

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15 Modern Use Cases for Enterprise Business Intelligence

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?

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Worldline and Wix Announce Partnership: Helping Firms Establish a Local Online Presence

The Fintech Times

Both users of Worldline , the global payments service provider, and Wix , the SaaS website builder, will receive a variety of benefits from a new partnership announced between the two companies. As a result of the new collaboration, small and medium-sized enterprises (SMEs) using Worldline will be able to create, manage and grow their online presence.

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Winter 2025 G2 Report Sees FloQast as Accounting Teams’ Top Pick

FloQast

Precision and adaptability are crucial in todays accounting environment. For finance and accounting professionals, using tools that drive efficiency isnt just helpfulits essential. Thats why the release of G2s Winter 2025 Grid Report is so impactful. This highly regarded resource ranks the industrys top solutions, empowering teams to make the best choices for their needs.

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Making Instant Borderless Payments in Europe: Banks and Businesses Must Take the Next Step

The Fintech Times

Central banks across Europe are taking action to facilitate instant payments between countries and currencies. The latest initiative has come from the European Central Bank (ECB), the Swedish central bank Riksbank , and the Danish central bank Danmarks Nationalbank. Initially, payments will be possible between euros, Swedish kronor and Danish kroner.

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Goldman Sachs wants to create AI that thinks and acts like a seasoned banker

Finextra

Goldman Sachs is rolling out a Generative AI assistant to its staff in the first stage of a programme that aims to create a bot capable of thinking and acting like a veteran employee.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

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

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MuchBetter Brings Card and Wearable Tech Offerings to Canada, in Partnership With Peoples Group

The Fintech Times

Wearable payments technology provider, MuchBetter , has joined forces with Canadian financial services provider Peoples Group to enable its expansion into Canada. Peoples Group has approved MuchBetter to offer cards and wearable technology in the Canadian market under its own EMI. Backed by support from renowned tech investor Rtekk , the MuchBetter expansion aims to bring stylish wearable tech items to Canada and disrupt established industries and product lines.

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JetBlue Says ‘Just Venmo Us!’ as It Becomes First Airline to Accept Popular Payment Platform for Online Bookings

Fintech Finance

JetBlue (Nasdaq: JBLU) have announced it is the first airline to accept Venmo , offering customers an easy and secure payment option when booking flights directly with JetBlue online. Currently available on jetblue.com and rolling out on the JetBlue mobile app in the coming months, U.S. customers can conveniently purchase flights using their Venmo balance or linked bank accounts, debit cards, or credit cards when booking travel.

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Sikoia and Tandem Bank Forge Strategic Partnership to Enhance Income Verification

Finovate

Customer verification specialist Sikoia announced a strategic partnership with Tandem Bank. The partnership will enable the digital bank to automate key parts of its income verification and document handling processes for mortgage brokers. Founded in 2021, Sikoia made its Finovate debut last year at FinovateEurope 2024. London-based customer verification specialist Sikoia has sealed a strategic partnership deal with Tandem Bank.

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Algo trading firm XTX to build €1bn data centre hub in Finland

Finextra

Algo trading form XTX Markets is investing 1 billion in a large-scale data centre complex in Finland to support its growing use of machine learning.

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7 Essential Criteria for Choosing the Right Payments Partner

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.

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Stripe pushes out 300 employees

Payments Dive

Despite the 3.5% cut to the payments services company’s headcount, it still plans to increase its total employee headcount to 10,000 by the end of the year, up from 8,200 now.

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European fintech investment increased 10% in 2024

Finextra

European fintech investment increased 10% in 2024 in a sign of increasing confidence for one of the continents leading tech sectors.

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Ally to sell credit card business to CardWorks

Payments Dive

The bank’s CEO said last month that the payments business wasn’t within Ally’s core focus, and pointed to a search for “strategic alternatives” earlier this month.

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HSBC’s Zing Shutdown: What Traditional Banks Can Learn from FinTech Disruption

Finextra

The closure of Zing, HSBC's international payments app launched just last year, is both disappointin.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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