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Singapores banking sector is facing an unprecedented challenge as client attrition due to slow and inefficient onboarding practices has reached record levels, according to new research by Fenergo. A global study of over 150 C-level executives from corporate, institutional, and commercial banks in 2024 in Singapore revealed that almost 90% have lost clients over the past year due to delays and inefficiencies in onboarding – a dramatic 35% increase from 2023.
PXP , l eading omnichannel global payment platform, today announces a new strategic partnership with Xolvis , the digital solutions platform, to deliver innovative payment solutions for Xolvis customers across multiple markets. Following the successful launch of its first project in the US market last year, the partnership is now set to expand into other regions, delivering innovative payment solutions to a broader consumer base.
In the lead-up to Safer Internet Day, global payments provider Adyen has shed light on the evolving payment fraud landscape in Singapore. With its high level of digital payments maturity, the country has witnessed shifting trends in fraudulent activities. Unlike its regional counterparts, where fraud types like triangulation fraud and account takeover fraud are more common, Singapore has seen a rise in more sophisticated and creative forms of fraud.
PXP , the expert in global payment services, today shares the findings from exclusive new research conducted in collaboration with polling firm Censuswide, revealing the payment preferences, priorities, and frustrations of more than 4,000 consumers across the UK and US. The research uncovers compelling trends in how people choose to pay and what drives their decisions: Debit cards are the preferred payment method for all in-person transactions, except cruises, where credit cards prevail.
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.
Paymentology , the leading global issuer processor, today announces its strategic partnership with South African fintech startup Sticitt. Sticitt is on a mission to help raise a generation of South African children with healthy financial habits from Schools with a strong financial foundation. This collaboration aims to revolutionise how schools handle finances and how children establish healthy money habits from a young age.
PXP , a leading omnichannel global payment platform, has forgeda new strategic partnership with Xolvis , the digital solutions platform, to deliver innovative payment solutions for Xolvis customers across multiple markets. Following the successful launch of its first project in the US market last year, the partnership is now set to expand into other regions, delivering innovative payment solutions to a broader consumer base.
Yuze , a digital business banking platform based in the UAE, has revealed plans to expand its operations to India in the second quarter of 2025, with plans to simplify financial management for SMEs in the region. With many SMEs across India regularly facing challenges in accessing tailored financial services, Yuze aims to provide a range of solutions to empower these businesses to focus on growth.
Yuze , a digital business banking platform based in the UAE, has revealed plans to expand its operations to India in the second quarter of 2025, with plans to simplify financial management for SMEs in the region. With many SMEs across India regularly facing challenges in accessing tailored financial services, Yuze aims to provide a range of solutions to empower these businesses to focus on growth.
PXP , a leading omnichannel global payment platform, has teamed up with Net Affinity, a leading provider of direct booking solutions for the hospitality industry. Their strategic collaboration will integrate PXPs next-generation payment technology with Net Affinitys advanced booking platform, enabling hotels to streamline reservations and payments in one unified solution.
Worldpay , a global industry leader in payments technology and solutions, today announced it has entered into a definitive agreement to acquire Ravelin , an AI-native fraud prevention platform headquartered in London, UK. The acquisition of Ravelin will complement and enhance Worldpays portfolio of value-added solutions and enable merchants of all sizes to grow faster and protect their businesses as fraud activity accelerates globally.
Senegal is one of many countries across the Middle East and Africa trying to diversify its economy and future-proof itself by hosting financial inclusion by employing fintech solutions. Historically, Senegals economy has centred around agriculture, particularly peanuts. However, in recent decades, the government has engaged in efforts to diversify the economy to include other agricultural products, as well as non-agricultural sectors such as tourism and natural resources like oil, gas, and gold.
Neonomics , an open banking leader, has partnered with FundingPartner , a fast-growing real estate investment platform in the Nordics, to simplify investment payments through seamless bank connections across Norway, Sweden, and Denmark. With Neonomics open banking solutions, FundingPartner investors can make faster, more secure payments directly from their bank accounts without leaving the platform.
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
FIS is now certified to offer send capabilities for FedNow. Adding FedNow send capabilities enhances FedNow’s real-time payment services for bank clients and enables instant credit transfers. As of late last year, 60% of FedNow participants can receive payments, only 40% have adopted sending capabilities. Payment, banking, and investment systems provider FIS announced today that it is now certified to enable send capabilities for FedNow instant payment credit transfers.
The RTP network has achieved a major milestone, surpassing 1 billion payments just 18 months after crossing the 500 million transaction mark. After taking more than five years to reach the first half a billion payments, the networks recent rapid growth underscores the expanding acceleration of instant payments adoption in the United States. This extraordinary increase reflects the growing demand for faster, more transparent, and always-available payment solutions from consumers, businesses, and
Moneyhub is partnering with Money Squirrel to provide open banking technology for Money Squirrel’s new small business financial management app. Money Squirrel’s new app is aimed to automate VAT savings and optimize cash flow. The collaboration comes as regulations like PSD2 continue to shape the open banking landscape across Europe. Data and payments fintech Moneyhub unveiled this week that it has been selected by Money Squirrel to power its new small business financial management ap
NextGen data-driven core banking engine SaaScada today announced it was selected by ARIE Finance to power its international payment service for mid-sized B2B businesses. ARIE Finance aims to be the first B2B company with a PSP license in Mauritius and will act as a payment gateway into Africas complex but lucrative market. ARIE Finances banking platform will specialise in cross-border transactions, offering customers a personalised, speedy, and safe account setup.
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.
Video game players and their parents submitted comments to the Consumer Financial Protection Bureau saying they overspent, or lost their accounts to hackers.
Leading global e-wallet service provider and payment gateway STICPAY has announced a new strategic partnership with MetaTrader 5 (MT5). MT5 is one of the worlds leading online trading platforms, allowing users to buy and sell forex, stocks and futures. It is among the most widely used products of fintech company MetaQuotes, with more than 8 million active trading accounts in over 180 countries.
Taskize, the leading investment operations collaboration platform and Euroclear-owned fintech, has bolstered its leadership team with the appointment of Glen Sinclair as head of client management.
HR, payroll and benefits software provider Ciphr has unveiled its new real-time payroll software, designed to simplify payroll processing for the private sector. Ciphr payroll has been created by payroll professionals, for payroll professionals. A revamped and upgraded version of the technology underpinning Shape payroll, which Ciphr acquired last year, the new platform boasts a new intuitive UI, with at-a-glance dashboards, an improved user experience, and a raft of new features that remove man
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?
The UK Treasury Committee has opened a call for evidence into the potential impacts of the increased use of artificial intelligence in banking, pensions and other financial services.
The cryptocurrency bubble has been booming in popularity since the turn of 2025, facing exhilarating highs and controversial setbacks in a span of a few weeks.
Ciphr payroll boasts swift implementation and introduces new time-saving features, including true real-time calculations, retrospective parallel runs, backpay adjustments, and rolled-up holiday pay calculations
ARIE Finance , a digital and service-based financial ecosystem for business banking customers, has selected SaaScada to support its international payment service for mid-sized B2B businesses.
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
This week, as you meet with lobbyists from the Outdoor Hospitality Industry (OHI), you will likely hear their talking points about credit card interchange and the Durbin-Marshall Credit Card Bill. Below are the facts. EPC_OHI FlyIn OnePager Download The post A Staffers Guide to Meeting with the Outdoor Hospitality Industry (OHI) This Week appeared first on Electronic Payments Coalition.
FIS (NYSE: FIS), a global leader in financial technology, today announced it is one of the first providers in the fintech industry certified to enable send capabilities for credit transfers in the Federal Reserves FedNow instant payment service.
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.
Leading experts in technology and finance have joined together to launch a new Scottish Centre of Excellence for digital trust which will aim to make the digital world safer and more resilient.
Why fast-tracking payments for eCommerce platforms a gamechanger for payment service providers and merchants The post Maximizing the potential of eCommerce plug-ins appeared first on ACI Worldwide.
Oslo-based Receipts, a fintech startup building connections between banks and merchants for digital receipts, has raised 1.7 million in a funding round led by the venture arm of Den Norske Bank, with additional support from Obos, Skorn 1 Midt, and Antler.
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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