Fintech News

MAY 5, 2024

The Bank of Thailand is gearing up to introduce a QR code-based cross-border payment system between Thailand and India, anticipated to be operational by the third quarter of 2024, according to Bangkok Post. Announced by Dr Daranee Saeju, Assistant Governor, Payment Systems Policy and Financial Consumer Protection Group, Bank of Thailand at the recent Money20/20 Asia event in Bangkok, this move aims to enhance the speed and security of international transactions.

Cross-Border 105

Cross-Border Cross-Border Payments Payment Networks Payments 105

Finextra

MAY 5, 2024

Wells Fargo has joined JP Morgan in revealing that US authorities are investigating the handling of complaints about P2P payments service Zelle.

Zelle 105

Zelle P2P Authorization Payments 105

Fintech News

MAY 5, 2024

Moneythor, a provider of personalisation solutions for financial institutions, announced the appointment of Martin Frick as its new CEO. Martin Frick succeeds Olivier Berthier, co-founder of Moneythor , who will now serve as Chairman. Berthier will continue to offer strategic guidance to sustain the company’s momentum. As CEO, Frick aims to accelerate the company’s growth and strengthen its market presence.

Consulting 104

Consulting Continuity Innovation FinTech 104

The Fintech Times

MAY 5, 2024

Resilience , the US-based cyber risk solution company, has introduced two new cyber risk tools to its cyber insurance package, in a move to help its clients reduce losses from cyberattacks. Following its launch of ‘Technology Errors and Omissions’ in March, the Resilience is now introducing two new offerings: ‘Essential Solution for Cyber Insurance’ and ‘Edge Solution for Cyber Risk Management’ By integrating the new capabilities into its offering, Resilience

Risk Mitigation 67

Risk Mitigation Mitigation Risk Ransomware 67

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Innovation

Fintech News

MAY 5, 2024

Crypto.com announced it has surpassed 100 million global users since its establishment in 2016. Its user base has doubled since the first Formula 1 Crypto.com Miami Grand Prix in May 2022. This milestone coincides with the company’s recent promotional activities, including the “Fortune Favors the Brave” campaign and its film “INEVITABLE,” which aimed to highlight themes of perseverance and success.

Compliance 99

Compliance Participant Regulations FinTech 99

The Fintech Times

MAY 5, 2024

TransferGo , the global fintech offering online money transfers to 160 countries, has joined forces with Tink , the Sweden-based payment services, data enrichment and open banking platform, to add Pay by Bank to its payments offering. UK-based TransferGo customers can already get their hands on the offering, as Pay by Bank enables them to send money internationally more quickly and securely.

Finance 67

Finance Financial Inclusion User Authentication Embedded Payments 67

Finextra

MAY 5, 2024

The US Federal Reserve Board is seeking feedback on a proposal to start operating its two large payments services seven days a week.

FedWire 72

FedWire Federal Reserve Fed Payments 72

Fintech News

MAY 5, 2024

DBS Bank has announced the restoration of its digital banking services after a temporary disruption that affected its DBS/POSB digibank Online and Mobile platforms, as well as DBS PayLah! The services resumed normal operations in less than 2 hours between 7:37 PM and 8:03 PM on 2 May 2024. The bank had reported difficulties with its digital platforms earlier in the day, starting from 6:55 PM, noting an issue that had impacted user access.

Online and Mobile Banking 84

Online and Mobile Banking Non-Bank SWIFT Authorization 84

Finextra

MAY 5, 2024

The US Federal Reserve Board is seeking feedback on a proposal to start operating its two large payments services seven days a week.

FedWire 64

FedWire Federal Reserve Fed Payments 64

Fintech News

MAY 5, 2024

Global investment company abrdn and wealth management platform FNZ have initiated a strategic partnership in Asia, starting with the launch a new digital wealth platform in Singapore. This platform is designed to support a variety of financial institutions including independent advisory firms, banks, virtual banks, family offices, and insurance companies across Asia.

Advisors 78

Advisors API Innovation FinTech 78

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

The Finance Weekly

MAY 5, 2024

The hunt for growth never stops in the fast-paced business world. Leading the growth in almost every company is the sales team. They basically connect what you need with the right product or service. For instance, let's talk about car sales. When you head to a car dealership, you have a car in mind. The salesperson usually dives into your life - asking about your family size, daily routine, and more to understand how you plan to use the car.

CRM 52

CRM Product Process Addressing 52

Finextra

MAY 5, 2024

The Royal Bank of Canada is backing a new incubator programme for fintech and cybersecurity startups.

Cybersecurity 69

Cybersecurity FinTech 69

Nanonets

MAY 5, 2024

Extracting pages from a Word document is a common task that most of us need to perform occasionally. Whether you're working with invoices and need to extract specific fields like names and addresses, or you're dealing with contracts and want to extract particular clauses, being able to extract pages or parts of a Word document can be incredibly useful.

AI 52

AI Origination Process Automation 52