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Tech Mahindra, a global technology consulting and digital solutions provider, has announced a strategic partnership with financial software provider Finastra to accelerate the digital transformation of corporate banks. Under this partnership, Tech Mahindra will become Finastra’s exclusive global implementation partner for its cash management platform and the preferred partner for its trade innovation and corporate channels solutions in the US, Canada, and Europe.
Global businesses have told us they’re interested in replicating the fraud-prevention success seen in Europe by requesting 3DS. Last year, we had a front-row seat as several Stripe users chose to do exactly that, but the results in the US were very different from what we have seen in Europe.
HashKey Technology Services (HashKey OTC), the over-the-counter trading arm of HashKey Group, has been granted a Major Payment Institution license by the Monetary Authority of Singapore (MAS). This license enables HashKey OTC to provide digital payment token (DPT) services in Singapore. The approval follows an in-principle approval received in late February.
The rout in the US stock market has brought the S&P 500 Index to a crucial inflection point, and chart watchers are scouring key technical thresholds for clues on whether the worst of the selloff is over.
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.
NTUC Enterprise and Income Insurance have refuted claims made by former NTUC Income CEO Tan Suee Chieh in an open letter to the Monetary Authority of Singapore (MAS), in which he raised corporate governance issues and expressed concern over the potential erosion of NTUC Income’s social mission in light of its sale to Allianz. Last month, Allianz had announced plans to acquire a 51% stake in Singapore’s Income Insurance in a deal valued at approximately SG$ 2.2 billion (EUR 1.5 billion).
More than 200 cooperative and regional rural banks were briefly cut off from India's retail payments system last week by the National Payments Corporation of India (NPCI) amid concerns that C-Edge Technologies had been hit by a ransomware attack.
Firms that issue commercial paper (CP) will now be able to benefit from a modern workflow for CP issuance, a rates research module for generating custom reports and benchmarking, and more with ClearWater Analytics ‘ new CP Issuance tool. This new tool launched by the SaaS-based investment management, accounting, report and analytics solutions provider will make data aggregation simpler for institutional investors.
Firms that issue commercial paper (CP) will now be able to benefit from a modern workflow for CP issuance, a rates research module for generating custom reports and benchmarking, and more with ClearWater Analytics ‘ new CP Issuance tool. This new tool launched by the SaaS-based investment management, accounting, report and analytics solutions provider will make data aggregation simpler for institutional investors.
The Indian financial ecosystem maintained a guarded position for several decades primarily depending on traditional technology systems. Fast forward to 2024, the outlook has changed drastically, paving the way for new financial products and services backed by cutting-edge tech and innovative solutions including Application Programming Interface (API).
Real-time cross-border payments provider, Nium is expanding its local funding and collection capabilities enabling its customers greater access to a range of local currencies through wires and local payment rails. The announcement has seen Nium expand its capabilities to more than 40 countries and 15 currencies. This meets the growing demands of organisations as they look to meet the diverse requirements of different markets, including developing and emerging economies.
Central Banking Infrastructure company EMTECH has announced the launch of Beyond Compliance, a product that aims to optimise regulatory compliance for FSPs.
On this week’s episode of News & Views, The Fintech Times Podcast team speak about the BNPL market expecting to grow across the Philippines and how incumbents are adjusting their offerings to become more accessible with special guest, Adam Katz , CEO and founder at Kooltra. In this episode, The Fintech Times Podcast team are down a man as Tom is away.
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
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