Fintech News
JANUARY 12, 2025
Southeast Asias fintech industry is flourishing, driven by soaring adoption of digital payments, alternative lending, and wealthtech. The regions strong fundamentals, coupled with a growing digital economy, promise continued growth and innovation in the coming years, a new report by Royal Park Partners (RPP), a fintech-focused corporate finance advisory firm, says.
The Fintech Times
JANUARY 12, 2025
Nium , the global infrastructure provider for real-time cross-border payments, has launched a new card for travel customers in partnership with banking and payment services company, Diners Club International. In a move that provides Nium travel customers with greater payment flexibility, acceptance, and choice, the cross-border payments company has officially launched the Diners Club International Card.
Fintech News
JANUARY 12, 2025
Banking Circle, a Luxembourg-licensed bank specialising in next-generation banking services, is set to acquire Australian Settlements Limited (ASL), an authorised deposit-taking institution. The acquisition is subject to regulatory approvals and other closing conditions, marking a key step in Banking Circle s growth in the Australian market. ASL, a provider of settlement and processing services for banks and payment companies in Australia, will complement Banking Circles existing operations in t
The Fintech Times
JANUARY 12, 2025
Bank Alfalah , a commercial bank in Pakistan with a network of over 1,000 branches, has acquired a stake in Jingle Pay , a UAE-born fintech specialising in cross-border money transfers licensed by the Dubai Financial Services Authority (DFSA). Jingle Pay, which operates in the UAE, Bahrain and Pakistan, is one of the fastest-growing fintechs in the MENAP region, and will work alongside Bank Alfalah, after it secured9.9 per cent equity in the fintech firm.
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.
Fintech News
JANUARY 12, 2025
Reap, a Hong Kong-based payment technology provider, has received in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The approval is a step forward for Reap Singapore , the company’s local entity, as it works toward meeting the conditions required to obtain the full license. Reap intends to allocate necessary resources to support its Singapore operations and strengthen compliance standards.
Finextra
JANUARY 12, 2025
In this fourth annual report, APIContext evaluated the performance of UK Open Banking APIs from 1 July 2023 to 30 June 2024. The UK’s Open Banking system is arguably the most advanced in the world, having been in place since at least 2018. The time in market for this ecosystem offers lessons and best practices to other countries that are looking to implement similar API-driven financial sys.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Axway
JANUARY 12, 2025
On January 8th, 2025, the Financial Data Exchange, Inc. (FDX) became the first to be recognized as a standard setting body under the Consumer Financial Protection Bureau (CFPB)’s Personal Financial Data Rights rule.
Finextra
JANUARY 12, 2025
The Consumer Financial Protection Bureau is looking into how it can apply existing privacy and consumer protections laws to emerging digital payments offered through Big Tech, as well as stablecoins and other cryptocurrencies.
Fintech News
JANUARY 12, 2025
AEON Financial Service, part of Japans AEON Group, has acquired Vietnams Post and Telecommunication Finance Company (PTF) from SeABank for appoximately US$170 million, DealStreetAsia reported. The deal, valued at 4.3 trillion Vietnamese dong, received approval from the State Bank of Vietnam (SBV), making AEON Financial the sole owner of PTF. The acquisition, finalised over a year after the agreement was signed , aligns with SeABanks strategy to restructure its capital base.
Finextra
JANUARY 12, 2025
India has postponed the roll out of a cap that would limit the market share of third party app providers using the country's Unified Payments Interface (UPI).
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 News
JANUARY 12, 2025
Indonesia’s Bappebti has officially handed over regulatory and supervisory responsibilities for digital financial assets, including cryptocurrencies and financial derivatives, to the Financial Services Authority ( OJK ) and Bank Indonesia (BI). This move aims to provide greater legal certainty and stability within the country’s evolving digital finance sector.
FloQast
JANUARY 12, 2025
Successful audits rely on the skills and capabilities of internal auditors, but also compliance and accounting teams, who have to navigate complex policies and procedures, and apply precise controls, under strict deadline pressure. Accountants, in particular, shoulder a heavy administrative burden during the audit – since the daily demands of the finance function must continue as usual.
Fintech News
JANUARY 12, 2025
Building on the technological strides and increased adoption seen in 2024, the fintech trends in Asia-Pacific (APAC) signal significant growth for the regions financial sector in 2025. This growth will be fueled by advancements in artificial intelligence (AI), the rise of tokenization, and increased adoption of digital banking, among other transformative trends, according to industry experts.
The Fintech Times
JANUARY 12, 2025
On this week’s episode of News & Views, sponsored by Vanta , The Fintech Times Podcast team speak about fintech continuing to boom in Scotland and FV Bank users now being able to convert PayPal USD into USD in real-time as the digital bank expands its stablecoin capabilities. The conversation started off with Polly and Francis exploring the usage of stablecoins, especially following FV Bank’s latest offering.
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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