Mastercard and Visa extend cap on inter-regional fees for tourist cards in EU
Finextra
JULY 7, 2024
Visa and Mastercard have committed to keep a cap on tourist card fees in place for another five years, says the European Commission.
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How Distributed Databases Drive the Digital Boom in ASEAN: Insights from OceanBase
Fintech News
JULY 7, 2024
As Southeast Asia’s digital economy continues to surge, businesses are seeking robust technological solutions to support their growth. The region is emerging as the world’s most rapidly expanding online market, with a staggering 125,000 new users gain access to the Internet each day. Projections suggest that the burgeoning ASEAN digital economy will contribute an additional US$1 trillion to the regional Gross Domestic Product (GDP) over the coming decade.
Biometric Payments: Security and Convenience in the Digital Age
Finextra
JULY 7, 2024
In the rapidly evolving landscape of digital finance, biometric payments have emerged as a transform.
Chong Khai Siang Takes Helm as Validus Group CFO
Fintech News
JULY 7, 2024
Validus, a digital SME financing platform based in Singapore, has appointed Chong Khai Siang as its Group Chief Financial Officer (CFO). Chong Khai Siang Reporting to Group CEO Nikhilesh Goel, Khai Siang will manage finance and corporate development, guiding business strategy across the region. With over two decades in financial services, Khai Siang brings extensive experience in business strategy, finance, treasury, and capital markets.
eCommerce in 2025: How Customer Experience Drives Online Retail Success
Speaker: Jennifer Wright and Nick Barron
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
Finance Malta’s Alan Cuschieri on Malta’s Rapid Rise as a Fintech Powerhouse
The Fintech Times
JULY 7, 2024
Malta, a small but vibrant financial hub, hosts fintech startups, fund managers, insurance firms and payment providers in close proximity. Despite its size, Malta supports diverse financial activities with a mix of international and local institutions. During this year’s Money20/20 Europe in Amsterdam, Finance Malta – the public-private initiative set up to promote Malta as a financial centre – showcased the island country’s unique fintech offering.
Singapore Fintech Festival 2024 Sets Stage for Responsible AI, Quantum Tech
Fintech News
JULY 7, 2024
The Singapore Fintech Festival (SFF) 2024 is set to return for its 9th edition from 6 to 8 November, with the Insights Forum taking place on 4 and 5 November. The festival drew over 66,000 participants from 150 countries in 2023. This year, SFF will feature prominent global central bankers, regulators, industry leaders, entrepreneurs, investors, innovators, and influencers, aiming to shape the future of the global financial ecosystem.
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Sponsor's message: [Impact Study] Payment Fraud in 2024: Who is Liable?
Finextra
JULY 7, 2024
Fraud is a billion-dollar business in the Instant Payments era. Statistics show that ecommerce fraud is predicted to exceed $48 billion globally by the end of 2023 alone and could exceed $362 billion between 2023 and 2028. In 2024, banks will not only contend with the changing liability landscape, but the upcoming adoption of ISO 20022 as well. Both represent a historical shift in the financial.
BKN301 Integrates Worldline Payment Processing Platforms to Enhance Personalisation and Agility
The Fintech Times
JULY 7, 2024
Worldline , the global payment services provider, is expanding its strategic partnership with BKN301 , the Banking-as-a-Service (BaaS) fintech company, enabling it to handle issuing and acquiring technical processing activities. Beginning in 2022, the partnership sees BKN301 integrate Worldline solutions as it provides BaaS solutions across Europe, the Middle East and Africa (EMEA) markets.
Maybank Singapore Rolls Out ‘Money Lock’ Feature to Combat Scams
Fintech News
JULY 7, 2024
Maybank Singapore has launched the Money Lock feature, adding a layer of security to protect customers’ funds. This new feature allows customers to “lock” their savings, preventing digital transfers if unauthorised access is detected. Customers can set aside a chosen amount from their savings and current accounts, including local and foreign currencies, using Maybank2u Online Banking, the Maybank2u SG (Lite) app, or by visiting Maybank branches and selected ATMs.
Macro Uncertainties, Technology and Community Banks-A possible path ahead.
Finextra
JULY 7, 2024
I had an hour-long conversation with my peers at the World Finance Council panel discussion in Singa.
7 Essential Criteria for Choosing the Right Payments Partner
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.
TMNL adapts its operations to the AMLR
The Paypers
JULY 7, 2024
Transaction Monitoring Netherlands (TMNL) has welcomed and adapted its business model and operations according to the EU's new Anti-Money Laundering Regulations (AMLR).
Understanding Play-To-Earn Gaming Model
CoinRemitter
JULY 7, 2024
The emergence of the Play-To-Earn gaming model in the booming digital economy is making a name for itself. This model has managed to capture the attention of gamers, investors, and entrepreneurs alike. This model makes it easy for players to earn rewards in the form of NFTs, cryptocurrencies , tokens, etc. Also, they can buy, sell, or exchange them, all this while playing games.
EIF and kompasbank to provide EUR 175 mln in SME loans
The Paypers
JULY 7, 2024
The European Investment Fund ( EIF ) and Danish corporate bank kompasbank have signed portfolio guarantee agreements to provide at least EUR 175 million in loans to Danish SMEs.
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