Finextra

MAY 8, 2024

Australian Big Four bank NAB is partnering with Banked to launch Pay by Bank capabilities, leveraging Australian open banking rails PayTo to settle near-instant transactions.

Transactions 133

Transactions 133

Stripe

MAY 8, 2024

Stripe Billing allows businesses to manage customer relationships with recurring payments, usage triggers, and other customizable features.

Payments 139

Payments 139

Finextra

MAY 8, 2024

A host of major US financial services firms - including Citi, JP Morgan, and Visa - are taking part in a Regulated Settlement Network (RSN) proof-of-concept that will explore multi-asset settlement using shared ledger technology.

Settlement 123

Settlement Regulations Technology 123

Fintech News

MAY 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). Thailand, under the guidance of the Bank of Thailand (BOT) , has been at the forefront of this movement, continuously studying and testing the feasibility of a Retail CBDC since 2018. The country’s latest milestone, the Thailand Retail CBDC (RCBDC) Pilot Programme, marks a significant step forward in understanding the implica

CBDC 106

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 106

Advertisement

Ready to boost your game and stand out in the competitive world of merchant services sales? Discover 6 innovative strategies that will help you rise above the crowd, from leveraging tech trends and perfecting referral programs to harnessing the power of testimonials and pop-up events. Learn how educating clients can turn you into a trusted advisor and uncover the secrets of building community ties that cement your reputation as a market leader.

Innovation

Finextra

MAY 8, 2024

Lloyds Banking Group is collaborating with Red Hat on a programme to drive the adoption of open source software across its engineering teams.

121

121

Fintech News

MAY 8, 2024

The inaugural Money20/20 Asia conference wrapped up its three-day event at the Queen Sirikit National Convention Center in Bangkok from 23rd to 25th April, featuring fintech discussions, international networking and collaborations. The conference drew over 3,000 participants from 87 countries, including 24 nations across the Asia Pacific region. Notably, the event featured over 250 speakers from Asia, with 45% being female executives and more than 60% holding C-suite positions.

Returns 104

Returns Cross-Border Payments Cross-Border APACS 104

Fintech News

MAY 8, 2024

Thailand’s Securities and Exchange Commission (SEC) has reiterated that digital asset exchanges are not allowed to list meme tokens, citing a lack of fundamental value and high risk of price manipulation. This move is aimed at maintaining order in digital asset trading and safeguarding investors from potentially unfair practices. Meme tokens, which often lack clear objectives or utility and are heavily influenced by social media trends, are seen as unstable investments.

Regulations 100

Regulations Rules Risk FinTech 100

Payments Dive

MAY 8, 2024

The U.S. accounted for 58% of global commercial card spend last year, but also for 78% of total value lost to card fraud, according to a report by Euromonitor International.

Commercial Card 78

Commercial Card Accounts 78

Fintech News

MAY 8, 2024

DBS Group has announced the appointment of Eugene Huang as its new Chief Information Officer (CIO), effective from 10 May 2024. Eugene Huang Huang, an experienced technologist with more than three decades of experience in the technology and banking sectors, will join the bank’s Group Executive Committee and report directly to CEO Piyush Gupta.

Cybersecurity 94

Cybersecurity Technology Continuity Innovation 94

The Fintech Times

MAY 8, 2024

SmartStream , the financial transaction lifecycle management (TLM) solution provider, has implemented its TLM reconciliations premium digital payments control solution at AYA Bank , a Myanmar-based banking institution. Following a recent surge in transaction volumes, AYA Bank explained that it recognised the need for a new solution that could efficiently process an increased number of payment transactions.

Volume 70

Volume Transactions Reconciliation APACS 70

Speaker: Jason Cottrell and Brian Walker

Brands used to look for a commerce platform that could do everything. But over time, one vendor was no longer enough to meet a brand’s needs, so they added, and added, and added— and now it's essential that these vendors work well together. That’s composable, and it’s important to get it right. Customers and your board expect you to be in new channels and to adapt quickly to market change.

Service Provider

Fintech News

MAY 8, 2024

Visa has launched an AI-powered enhancement to its Visa Account Attack Intelligence (VAAI) solution, designed to combat the increasing number of account attacks facilitated by automated scripts and botnets. These attacks, known as enumeration attacks, have contributed to significant financial losses, amounting to approximately US$1.1 billion annually in fraud.

Bots 93

Bots AI Issuers Fraud Prevention 93

Finextra

MAY 8, 2024

The UK's Payment Systems Regulator is to extend its scam reimbursement programme to transactions taking place across the Chaps high value payments network.

Scams 75

Scams Rules Payment Networks Regulations 75

Fintech News

MAY 8, 2024

Deputy Prime Minister and Minister for Finance and Chairman of Monetary Authority of Singapore (MAS) Lawrence Wong, addressed the regulatory aftermath of the Terraform Labs’ collapse in a parliamentary session yesterday (8 May 2024). Terraform Labs, the company behind the Terra stablecoin, was a Singapore-registered startup not involved in activities requiring a license from the Monetary Authority of Singapore (MAS), and thus, was not licensed.

Addressing 92

Addressing Stablecoins Monetary Loss Cryptocurrency 92

Bank Automation

MAY 8, 2024

Online lender Upstart automated 90% of its unsecured loans in the first quarter of 2024 as automation remained at the forefront of efforts to streamline its loan application process. Upstart originated $1.

Automation 67

Automation Origination Process 67

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

Payments

Fintech News

MAY 8, 2024

The United Kingdom and Singapore had convened for the 9th UK-Singapore Financial Dialogue yesterday (8 May 2024) to deepen their cooperation in sustainable finance and fintech. The dialogue focused on various pivotal areas including sustainable finance, fintech innovation, non-bank financial intermediation, and cross-border payment connectivity. Both nations reaffirmed their commitment to enhancing finance for projects aligned with the net zero agenda, focusing on establishing globally comparabl

Finance 82

Finance Regulations Cross-Border Payments Cross-Border 82

NACHA

MAY 8, 2024

Nacha is pleased to announce that Kara Ford, Industry Relations Manager at the Federal Reserve, was named the winner of Nacha's inaugural 15 Under 40 Award, recognizing outstanding young professionals shaping the future of the payments industry. The award presentation took place during the Smarter Faster Payments 2024 conference.

NACHA 64

NACHA Federal Reserve Faster Payments Payments 64

Fintech News

MAY 8, 2024

In a promising collaboration, the United Nations Development Programme (UNDP) has joined forces with the Monetary Authority of Singapore (MAS) and the Global Legal Entity Identifier Foundation (GLEIF) to launch Project Savannah, a potentially transformative initiative aimed at empowering Micro, Small, and Medium-sized Enterprises (MSMEs) in their sustainability reporting journey.

Credential 79

Credential Legal Economy Governance 79

Finextra

MAY 8, 2024

Joining FinextraTV at IFGS 2024, Eric Van der Kleij, Cofounder of EdenBase & TransformBase, discusses the next big disrupters in the financial sector, the flexible attitude businesses need to overcome adoption challenges, and how investors can help to make these changes sustainable and impactful.

Innovation 64

Innovation FinTech 64

Advertisement

Maximize success as an independent sales agent with a supportive payment processor partner. This article reveals the challenges agents face with uncooperative processors, like slow responses and lack of support, leading to missed opportunities. Discover how a supportive partnership can transform your success, offering extensive training, marketing materials, and ongoing support.

Payments

The Fintech Times

MAY 8, 2024

Emirates NBD , the banking group in the MENAT (Middle East, North Africa and Türkiye) region has partnered with Nium , the real-time cross-border payment firm, as the two aim to empower customers with a new remittance solution and redefine the financial services landscape in the Middle East. A growing expatriate population across the UAE and the increasing volume of cross-border trade have caused a significant growth in remittances sent from the country.

Cross-Border 62

Cross-Border Cross-Border Payments Ubiquitous Facilitators 62

Finextra

MAY 8, 2024

U.S. businesses and consumers are rapidly adopting digital, faster and instant payment services, according to studies released today by Federal Reserve Financial Services.

Faster Payments 64

Faster Payments Federal Reserve Consumer Instant Payments 64

BioCatch

MAY 8, 2024

In 2023, Australian banks, the government, technology partners, and many others worked together to reduce scam losses in the country by 13%. This is an incredible result of inter-bank and cross-industry collaboration that’s made Australia a more difficult target for scammers. And yet, retail-banking customers in the country still lost $2.4 billion to cybercriminals last year, according to Scamwatch.

Scams 59

Scams Crime Governance Government 59

Finextra

MAY 8, 2024

Google Wallet is landing in India, although the existing Google Pay app will remain the place for all things payments in the country.

Payments 75

Payments 75

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

AI

Fintech Finance

MAY 8, 2024

Pioneering force in the Middle East and Africa’s payments and revenue operations sector, MoneyHash and Visa , a world leader in digital payments, for delivering secure and enhanced digital payments experiences, announce collaboration. Working with Visa enables MoneyHash to gain unparalleled access to Visa’s extensive suite of digital payment solutions and opens the door to providing sophisticated payment technologies such as network tokenization.

Digital Payments 59

Digital Payments Security Payments Payment Solutions 59

Finextra

MAY 8, 2024

Belgium's Centre for Excchange and Clearing has selected SurePay to provide Confirmation of Payee technology to the domestic banking industry.

Payee 69

Payee Technology 69

Finovate

MAY 8, 2024

U.K.-based fintech SumUp has raised $1.6 billion (€1.5 billion) in a private credit debt transaction. The deal was led by Goldman Sachs Asset Management, and will enable SumUp to refinance debt and pursue international growth opportunities. SumUp won Best of Show at FinovateEurope 2013, a year after the company was founded. In a deal led by Goldman Sachs Asset Management, U.K.

Security 59

Security Point-of-Sale (POS) Finance Participant 59

Finextra

MAY 8, 2024

Paymentology, the leading global issuer-processor, today announces its strategic partnership with Diamond Trust Bank (DTB), a tier one East African commercial banking franchise.

Embedded Finance 59

Embedded Finance Processors Issuers Finance 59

Advertisement

Explore how integrated payment strategies impact investor and buyer evaluations. Payments are more than a feature — they’re a key to long-term success and market differentiation. They help SaaS companies offer seamless user experiences and efficient operations. Investors and strategic buyers assess these integrated payment strategies as a measure of a company's growth potential and sustainability.

Payments Strategy

Finovate

MAY 8, 2024

Expensify is teaming up with Spotana to launch Expensify Travel, a business travel booking platform based on Spotanas Travel-as-a-Service offering. The new travel service will offer Expensify’s business users access to global travel inventory, lower fares, and servicing. Expensify’s new launch makes it a direct competitor with California-based Navan, a corporate travel and expense management platform that launched in 2015.

Debit Card 59

Debit Card Client Management Assessments Consulting 59

Finextra

MAY 8, 2024

AutoRek, a leading software provider to companies in the global financial services sector, has today announced the availability of its cutting-edge platform in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.

59

59

Finovate

MAY 8, 2024

In the fast-evolving world of fintech, founders are a breed apart, characterized by their unique blend of grit, determination, and adaptability. Their journeys are often marked by challenges, triumphs, and invaluable insights. In this series of interviews, we delve into the minds of five fintech founders to uncover the lessons they’ve learned, the key traits they believe are essential for a successful founding team, and the distinctive challenges and opportunities they’ve encountered

FinTech 59

FinTech Innovation Posting 59

Finextra

MAY 8, 2024

Volante Technologies, the global leader in payments as a service, today announced its achievement of Fedwire Funds Service certification for the ISO 20022 messaging capabilities of its wire payment processing solutions.

ISO 20022 59

ISO 20022 FedWire ISOs Wire 59

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

Assessments