Fintech News

DECEMBER 8, 2024

Cake has become the first digital-only bank in Vietnam to achieve profitability, reaching this milestone 3.5 years after its launch. The digital bank attributes its success to strong growth, with revenue per user increasing threefold since 2023, reaching US$12 in 2024. Cake now serves nearly 5 million customers and processes an average of 400,000 credit applications each month.

Financial Inclusion 117

Financial Inclusion AI Transactions Innovation 117

Finezza

DECEMBER 8, 2024

The Micro, Small, and Medium Enterprises (MSMEs) sector has emerged as the cornerstone of the global economy, powering 70% of the workforce. According to an IFC report, 63 million Indian MSMEs contribute 30% of the GDP and provide jobs to 110 million people. Despite this, MSMEs often struggle with credit due to limited credit history, […] The post Data-Driven Decisioning: Revolutionising MSME Lending Strategies appeared first on Finezza Blog.

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Economy Posting 98

Fintech News

DECEMBER 8, 2024

Ant International has joined Swift ‘s “Network Interoperability Reference Implementation” programme, a pre-pilot initiative designed to improve cross-border payment experiences. This programme brings together various payment service providers to explore interoperability using Swift’s network and enhance payment transparency. The initiative will explore different business scenarios involving end-to-end transaction tracking across banks and payment providers, including e-wa

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Cross-Border Payments Cross-Border Interoperability SWIFT 98

The Fintech Times

DECEMBER 8, 2024

Back again in Dubai for its second edition, the DIFC ‘s Future Sustainability Forum took place in the Madinat Jumeirah over 4 to 5 December, bringing together 3,000 participants to discuss environmental conservation and social equity innovations. The Future Sustainability Forum 2024 addressed critical sustainability issues across eight core pillars spanning different industries including banking and finance.

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Finance Regulations Consulting Participant 69

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

Product

Fintech News

DECEMBER 8, 2024

Coinbase users will soon be able to make crypto payments at a wider range of businesses following a new partnership with Triple-A. Triple A is a licensed provider of crypto payment solutions with a global network of merchants. This collaboration will allow Coinbase users to seamlessly make payments with crypto at select merchants across Triple-A’s extensive network, specifically in industries like fashion, luxury goods, travel, and gaming.

Payment APIs and Integration 88

Payment APIs and Integration Payments Cryptocurrency API 88

Fintech News

DECEMBER 8, 2024

Payment giant Visa and FPT Corporation, a Vietnamese technology firm, have signed a Memorandum of Understanding (MOU) to advance digital transformation within the government sector. The partnership focuses on modernising government services and improving accessibility, particularly for small and medium-sized enterprises (SMEs). Under the agreement, Visa and FPT will collaborate to enhance the national e-marketplace for procurement, encourage greater SME participation, and improve payment systems

Financial Inclusion 89

Financial Inclusion Governance Government Credit Cards 89

The Fintech Times

DECEMBER 8, 2024

On this week’s episode of News & Views, The Fintech Times Podcast team speak about TransUnion revealing firms are still battling against first-party fraud & Gen Z increasingly borrowing to survive, with many relying on loans from the ‘bank of mum and dad’ Polly kicked off the conversation this week by exploring how lenders are approaching the next generation and their demands.

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On-Demand Checks FinTech Posting 52

Fintech News

DECEMBER 8, 2024

Temasek, a global investment company headquartered in Singapore, announced the establishment of a dedicated private credit platform as part of its strategy to build a “resilient and forward-looking portfolio” This move aims to enhance Temasek ‘s ability to scale its credit and hybrid solutions portfolio and capture global private credit opportunities.

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FinTech Posting 87