Mon.May 27, 2024

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How OpenWay’s Way4 Enabled the First CBDC Card Transaction in Eurasia

Fintech News

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. However, a significant shift has occurred with the launch of Eurasia’s first CBDC cards in Kazakhstan, providing 20 million consumers with a new, tangible way to manage CBDC funds. The first CBDC card transaction in Eurasia was successfully made on 15 November 2023.

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BBVA partners with OpenAI to enhance generative AI capabilities

The Paypers

BBVA has become the first European bank to form an alliance with OpenAI , aimed at using OpenAI's expertise to enhance the bank's use of generative AI.

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Thailand Seeks Public Input on Proposed Digital Asset Regulatory Reforms

Fintech News

Thailand’s Securities and Exchange Commission (SEC) is seeking public input on proposed changes to the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018). These changes aim to update the decree to better reflect current market conditions and improve regulatory efficiency. The goal is also to increase investor confidence in digital assets.

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Engine SaaS platform could push Starling valuation to £10bn - investor

Finextra

Starling's SaaS platform Engine could generate hundreds of millions of pounds a year for the UK digital bank, propelling it towards a £10 billion valuation, predicts investor Chrysalis.

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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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Billions Lost to Fraud Despite Efforts, APAC Fintechs Grapple with Rising Threats

Fintech News

Despite tireless efforts from businesses and tech providers, fraudsters persist in siphoning off billions annually. According to the “2024 State of Fraud” whitepaper by Telesign , a customer identity and engagement solutions provider, U.S. fraud victims suffered nearly US$8.8 billion in losses in 2022, with global projections soaring to a potential US$95.9 billion by 2027.

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Unifying Payment Systems: Embracing ISO 20022 for Global Interoperability

Finextra

In recent years, the world of payments has been undergoing a significant transformation. Historicall.

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Money20/20 Europe Puts Spotlight on Humans and Intelligent Machines

The Fintech Times

Money20/20 , one of the world’s biggest fintech shows, returns to Europe thisJune, with the spotlight on the dynamic relationship between humans and intelligent machines. Taking place in Amsterdam from 4 to 6 June, more than 350 speakers will take to the stage with leaders hailing from global banks such as Deutsche Bank and ING; fintech players such as Adyen and Revolut, senior representatives from the European Central Bank and the European Commission, and blockchain solution providers suc

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Tiger Brokers Singapore Enables 24-Hour Trading for Over 500 US Stocks and ETFs

Fintech News

Online brokerage Tiger Brokers Singapore has introduced 24-hour trading for over 500 popular US stocks and ETFs, including Tesla, Apple, and Nvidia. This new service allows Singaporean investors to trade on US markets round the clock, five days a week, without any additional fees. The launch follows significant interest from local investors seeking better access to US markets.

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Embracing the AI Revolution: A Holistic Approach to Workforce Transformation

Finextra

In the dynamic landscape of the workplace, the infusion of Artificial Intelligence (AI) is undeniab

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ZainCash Adopts Temenos Technology to Expand Financial Inclusion in Iraq

The Fintech Times

ZainCash Iraq , a payment service provider and subsidiary of March Holding , has implemented Temenos’ core banking and payments platform to drive the growth and innovation of its digital payment services. This move aligns with the strategic goals of the Iraqi government and the central bank to enhance financial inclusion and expedite the digital transformation of the national economy.

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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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Dock, Muevy partner with Visa to boost transfers in LATAM

The Paypers

Global card scheme and issuer Visa has recently announced a new strategic partnership with Brazil-based fintechs Dock and Muevy to boost international remittance services via Visa Direct.

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Finance Transformation Guide in Modern Businesses

FloQast

Many businesses today are looking to cut costs and increase profits through a combination of automating repetitive processes and taking advantage of new data analytics opportunities. Finance transformation can help your organization do both. What Is Finance Transformation? IBM defines finance transformation as “the combination of processes, systems, and organizational change across a business, which is implemented through new technologies, training, and analysis.” This financial tran

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Sponsor's message: [Webinar] Payments Modernisation: What are Financial Institutions prioritising?

Finextra

What are the most crucial priorities for financial institutions when it comes to payments modernisation?

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Introducing no-code migrations to Stripe Billing

Stripe

Last month we announced a new Billing migration toolkit designed to address your top pain points: engineering resourcing, the risk of disruptive errors, and migration time. Here’s how the migration toolkit addresses each.

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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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Green finance is Hong Kong’s golden opportunity to lead Asia’s net-zero mission

Finextra

Few can doubt China’s leadership in advancing green tech and green energy. Solar installations are g.

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Top 10 Salesforce Integrations of 2024

Nanonets

If you’re using Salesforce, then you’re already familiar with its benefits as a cloud-based customer relationship management (CRM) solution. In isolation, Salesforce’s capabilities related to sales and marketing are impressive; it automates sales processes, makes it easy to manage multiple marketing campaigns, provides funnel insights to sales leaders, and so much more.

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Canadian securities regulators announce move to T+1 settlement cycle

Finextra

The Canadian Securities Administrators (CSA) today announced that rule amendments supporting the move to a shorter settlement cycle for equity and long-term debt market trades came into force in Canada.

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What is D365 Business Central? How is it Different from D365 Finance and Operations?

Nanonets

Businesses of all sizes and types are increasingly looking for a one-stop shop for their ERP needs. Though hundreds of varied tools exist targeting specific business sub-requirements, the ideal remains a single portal through which companies can effectively manage their operations across the value chain. Microsoft, the universally known leader across multiple software segments, is increasingly popular for small businesses and enterprise clients alike – though specific offerings targeting

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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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CIBC launches digital application for new immigrants

Finextra

CIBC today announced it is the first major financial institution to launch a bundled digital credit card and deposit account application for those new to Canada, making it faster and more convenient for these clients to make key banking decisions sooner.

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The Ultimate Guide to Integrations in Microsoft Business Central in 2024

Nanonets

If a chef was asked to cook a 5-star meal with nothing but a butter knife, the meal would turn out a lot different than if the chef had access to all the tools she needed to succeed. An industrial oven, customized knife set, large mixer, state-of-the-art cookware, and an experienced team of staff would make a world of difference for that night’s dining experience, right?

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Enhanced Quote-to-Cash Efficiency: Leveraging Subscription Ramps for Multi-Year Deals

Chargebee

Multi-year contracts are a no-brainer when it comes to mid-market and enterprise businesses. The most fundamental reason is that it helps acquire customers with a contract value that is higher than average and also increases the predictable revenue. While this is a clear win for subscription businesses, the end customers have to factor in a lot of things before they sign a multi-year contract – like software scalability, vendor reliability, migration and implementation costs, time taken by

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SoftBank to invest USD 9 billion annually in AI

The Paypers

SoftBank has revealed its plans to allocate close to USD 9 billion annually to artificial intelligence investments, while reserving resources for potential larger deals.

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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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Merchant Account vs Payment Gateway: Essential Guide for Your Business

Paystand

As online transactions become more prevalent, the payment process has become more complex. For finance teams, it's about payment options and partnering with the right online merchant service providers.

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Newgen Software partners with Finastra

The Paypers

Global provider of low-code platform Newgen Software has announced its partnership with Finastra in order to expand its market reach and optimise customer experience.

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Mastercard and AfDB Launch MADE Alliance to Boost Digital Access in Africa

The Fintech Times

Mastercard and the African Development Bank Group have launched the Mobilising Access to the Digital Economy (MADE) Alliance: Africa , aiming to provide digital access to 100 million people and businesses across Africa within the next decade. The initiative, announced at the US-Africa Business Forum hosted by the US Chamber of Commerce , will initially focus on the agricultural sector and women, starting with a pilot programme to support three million farmers in Kenya, Tanzania, and Nigeria thro

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WeMoney completes USD 3 million fundraising

The Paypers

Australia-based financial wellness platform WeMoney has announced the completion of a USD 3 million fundraising round, aiming to solidify its presence in the region.

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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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Finout raises USD 26 million in Series B funding round

The Paypers

Finout has announced the raise of USD 26 million in Series B funding round, to improve cloud expenditure and allocate costs across cloud services.

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Moneris introduces Tap to Pay on iPhone in the Moneris Go app

The Paypers

Canada-based Moneris has introduced Tap to Pay on iPhone in the Moneris Go app to enable businesses to access digital payments simply and easily.

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Capital One, Walmart end consumer card partnership

The Paypers

US-based Capital One has signed an end-of-consumer card partnership agreement with Walmart , which made it the exclusive issuer of Walmart Consumer Credit Cards.

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Raqami Islamic Digital Bank partners with 1LINK

The Paypers

Raqami Islamic Digital Bank has announced its partnership with Pakistan-based 1LINK in order to enable customers to transfer funds in an optimised manner.

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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