Fintech News
NOVEMBER 7, 2024
XTransfer, a B2B cross-border payment platform, made its debut at the Singapore Fintech Festival (SFF) 2024 as a Gold Sponsor. The company aims to expand its presence in Southeast Asia, offering secure and efficient payment solutions to SMEs in the region. XTransfer’s CEO, Bill Deng, spoke at several panel discussions and explored collaborations with international financial institutions.
Fintech Finance
NOVEMBER 7, 2024
Africhange , a leading cross-border remittance service provider, announced today that its Nigerian subsidiary, Currenzo , has secured the International Money Transfer Operator [IMTO] licence from the Central Bank of Nigeria [CBN]. This strategic move significantly improves Africhange’s ability to facilitate inward remittances for immigrants and diaspora communities sending money to Nigeria.
Fintech News
NOVEMBER 7, 2024
Boxo, a superapp enabler, and global payments infrastructure provider Nium have joined forces to launch a new white-label remittance platform for mobile apps. This platform allows mobile app developers to easily integrate international money transfer services into their existing platforms via Boxo’s software development kit (SDK). This provides users with a seamless and cost-effective way to send money across borders.
Fintech Finance
NOVEMBER 7, 2024
Lunu Pay , a leader in Web3 payment solutions, is excited to announce its collaboration with Ingenico , a global innovator in payment acceptance and services, to bring cryptocurrency payments to physical retail stores. Through this partnership, Ingenico’s Android-based POS terminals will now support crypto payments, allowing merchants to accept leading cryptocurrencies such as Bitcoin, Ethereum, and USDT, alongside over 70 crypto wallets, including Binance, Coinbase, and Trust Wallet.
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.
Bank Automation
NOVEMBER 7, 2024
Chase for Business is innovating to meet the evolving needs of its small- to medium-sized business clients, John Frerichs, head of global SMB payments at JPMorgan Chase, told Bank Automation News. “One of the biggest changes in small business that we are continually adapting to is the need for a digital-centric ecosystem of payments products,” […] The post 5 questions with … John Frerichs of JPMorgan Chase appeared first on Bank Automation News.
Fintech Finance
NOVEMBER 7, 2024
Global fintech SumUp is pleased to announce that businesses signed up to the SumUp One multi-product subscription offering will no longer pay transaction fees on payments of £10 or less. In announcing this progression of the subscription offering, first launched March 2023, SumUp is further easing the burden on small merchants with this innovation, which will be available in Germany, the UK, France, and Italy.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Fintech Finance
NOVEMBER 7, 2024
GoCardless , the bank payment company, has expanded its relationship with Big Red Cloud. The cloud accounting software company, which is an existing GoCardless customer, will now become one of its 350+ partners by integrating GoCardless’ payment capabilities into its platform. This means Big Red Cloud customers can use Direct Debit to automatically collect and reconcile recurring payments from their own clients directly within Big Red Cloud.
Fintech News
NOVEMBER 7, 2024
The three winners of the Global Fintech Hackcelerator 2024 has been announced at the Singapore Fintech Festival (SFF). The hackcelerator was organised by the Monetary Authority of Singapore (MAS) in collaboration with the Global Finance & Technology Network ( GFTN ). This year’s theme centered on “Improving Financial Health” and drew 77 proposals from over 10 countries.
Fintech Finance
NOVEMBER 7, 2024
Bhutan Airlines is pleased to announce a new partnership with FinMont, a leading global payment orchestration platform. The leading airline has chosen FinMont global solution to provide a secure payment gateway incorporating a wide range of payment methods and ensuring a seamless customer transaction process. The founders of German airline, Hahn Air, launched FinMont to offer the travel industry a unique solution that, unlike other options available, streamlines not only B2C payments but also
The Fintech Times
NOVEMBER 7, 2024
UK bank NatWest is partnering with Capco , the management and technology consultancy, as part of efforts to ensure a smooth transition for its systems and clients as the financial industry moves to adopt ISO 20022 for payments and reporting. Through its collaboration with Capco, NatWest is transitioning to Bankline Direct Digital, the strategic ISO 20022 -compliant cloud-based architecture behind Bankline Direct.
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
Fintech Finance
NOVEMBER 7, 2024
Breakthrough payment orchestration provider BR-DGE has appointed Chun Ong as its new Chief Operating Officer, as the company scales rapidly to meet unprecedented demand for its pioneering and modular services. With BR-DGE now processing millions of transactions monthly on behalf of high-volume customers spanning travel, ecommerce, gaming and other sectors, Chun’s appointment comes at a critical time for the business.
The Fintech Times
NOVEMBER 7, 2024
The Maldives, Asia’s smallest country, comprises more than 1,000 coral islands that stretch along 871 kilometres in the Indian Ocean. While it has made significant gains from incoming tourism, the country needs to diversify its economy to ensure a positive future. We take a look at how fintech could play a role in facilitating this. Known for its beautiful islands, the South Asian nation of the Maldives has built a strong industry around tourism – contributing to almost a third of
Fintech Finance
NOVEMBER 7, 2024
Ant International, a leading global digital payment and financial technology provider headquartered in Singapore, has been intensifying its integration of Artificial Intelligence (AI) technologies to enhance and secure millions of daily cross-border transactions for merchants across over 200 global markets. “Integration of AI into the processing of cross-border transactions is of critical importance to further strengthening global trade and commerce, especially for SMEs who up to now can’
The Fintech Times
NOVEMBER 7, 2024
Boerse Stuttgart Digital , the European infrastructure provider for crypto and digital assets, has forged a new partnership with Fenergo , the AI-powered KYC, client lifecycle management, and transaction monitoring solution provider. Through this partnership, Boerse Stuttgart Digital is aiming to embrace the continuing growth of Europe’s crypto market by enhancing the scalability of its infrastructure solutions, while streamlining compliance processes in collaboration with Fenergo.
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.
Fintech Finance
NOVEMBER 7, 2024
The friction banks apply to instant bank transfers to slow down payments and protect customers from scams is ineffective and overlooked by users, according to new research* of 2,000 UK adults by Tunic Pay , an anti-fraud fintech company helping household-name UK banks detect and prevent scams before they happen, and Opinium, the market research consultancy.
EBizCharge
NOVEMBER 7, 2024
In an increasingly complex financial world, it’s essential to thoroughly understand operations that involve transactions and financial institutions. Financial clarity is especially important since banks engage in countless daily transactions that require clearing and settlement processes to ensure payments are accurately transferred between parties, reducing risks and maintaining economic stability.
Finovate
NOVEMBER 7, 2024
From the continued relevance of paper checks to the rapid growth of digital technology, payments continues to be one of the most fascinating — and important — areas in fintech. In this week’s Streamly interview , William Mills, CEO of the William Mills Agency, talks with Kevin Brown, CMO and Head of Corporate Development for Onbe. The two men discuss a variety of key issues in the payments world, including the potential for AI to revolutionize payment systems and the future of
Fintech Review
NOVEMBER 7, 2024
Walldorf, Germany, November 7th, 2024, FinanceWire Backed by SAP Fioneer technology, Numisma Bank , a global currency distributor of U.S. banknotes, has started their operations. Numisma is the first bank to receive a State of Connecticut Innovation Banking Charter, a Federal Reserve Master Account and FedCash Services. To make Numisma’s objective possible, they needed a proven and experienced partner at their side.
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Nanonets
NOVEMBER 7, 2024
Klippa DocHorizon might be on your radar if you’re looking to automate your document processing. This AI-powered platform transforms your documents — from invoices and receipts to complex business forms — into usable data. What makes Klippa stand out is its comprehensive approach to document automation. The platform doesn't just read your documents; it understands the context.
Fintech Finance
NOVEMBER 7, 2024
Ottu , a leading fintech company in the GCC, announces its strategic partnership with Keyloop , a leading provider of automotive retail solutions. Ottu, in collaboration with Keyloop, promises to deliver a convenient, end-to-end, seamless payment experience. Ottu is an online payment gateway management system (OPMS) that empowers enterprises and automotive retailers to securely manage consumer online payments.
Nanonets
NOVEMBER 7, 2024
Super.AI is an Intelligent Document Processing (IDP) platform that harnesses the power of Large Language Models (LLMs) to extract data from any document with guaranteed accuracy. By offering access to the latest AI models and an on-demand human-in-the-loop (HITL) review through its Data Processing Crowd, Super.AI ensures high-quality results, supporting businesses in generating precise, labeled data essential for training AI models across various industries.
Finextra
NOVEMBER 7, 2024
UBS has successfully piloted a blockchain-based payment system, UBS DIgital Cash, designed to improve the speed and efficiency of cross-border transactions for corporate and institutional clients.
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
The Payments Association
NOVEMBER 7, 2024
In 1859, Charles Blondin did the unthinkable and walked across the Niagara River in the US on a tightrope. Little did he know that this act was very similar to that carried out by payment companies in the 21st century. Rather than facing a 49m drop in the water, businesses in the sector are having to find the right balancing act between innovation and compliance.
Basis Theory
NOVEMBER 7, 2024
Building a robust system to automate merchant payments can result in efficient money management and supplier relationships.
Axway
NOVEMBER 7, 2024
In today’s data-driven business landscape, Chief Financial Officers (CFOs) face increasing pressure to deliver accurate financial insights, optimize operations, and drive strategic decision-making. The traditional, manual approach to accounting is no longer sufficient to meet these demands.
Payments Dive
NOVEMBER 7, 2024
The Fort Lee, New Jersey-based lender dismissed a lawsuit that it had filed against First Data Merchant Services last year.
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.
Finextra
NOVEMBER 7, 2024
Cross-border B2B payments operator Nium has formed a partnership with Partior, the blockchain-based fintech for clearing and settlement.
Payments Dive
NOVEMBER 7, 2024
The Federal Trade Commission filed a complaint Tuesday alleging the fintech rarely disbursed the advertised loan amount and charged consumers a “tip” without giving them the ability to opt out of it.
Finextra
NOVEMBER 7, 2024
OCBC has used Visa Direct to become the first mobile banking app in Asia Pacific to let customers send near-instant peer-to-peer transfers to both Weixin Pay (WeChat Pay) and Alipay using just the recipient’s China national identification name and China mobile number.
Payments Dive
NOVEMBER 7, 2024
Early Warning Services, the bank-owned company that operates Paze, tapped a new leader last month for the digital wallet operation after slow progress in launching the new service.
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
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