Mon.Feb 17, 2025

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StanChart to Support StraitsX Stablecoin Reserves

Fintech News

StraitsX, a Singapore-licensed stablecoin issuer and digital payment infrastructure provider, has partnered with Standard Chartered to strengthen the reserve management of its U.S. Dollar (XUSD) and Singapore Dollar (XSGD) stablecoins. Standard Chartered will provide cash management and custody services for the reserve assets backing the stablecoins, acting as one of StraitsX s banking partners.

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Going on a Joint Venture: SCBHK, Animoca Brands and HKT Go on a Stablecoin Journey in Hong Kong

The Fintech Times

Stablecoins have a huge impact on the financial market as we know it, but more can still be done. Looking to take stablecoin usage to the next level in Hong Kong, Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands , and HKT have announced a joint venture (JV) to issue a Hong Kong dollar-backed stablecoin. The process won’t be as simple as just launching a stablecoin though.

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Singapore Reports S$1.2 Million in Losses from Phishing Scams Targeting Mobile Wallets

Fintech News

Singapore authorities and banks are ramping up efforts to tackle a growing scam where fraudsters steal card details through phishing and trick victims into providing an OTP. This allows scammers to fraudulently provision stolen card credentials onto their mobile wallets for unauthorised contactless transactions. The Singapore Police Force (SPF) , Cyber Security Agency of Singapore (CSA), and Monetary Authority of Singapore (MAS) reported at least 656 cases of phished card credentials being added

Phishing 102
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Tech innovation in payments: Bridging gaps and building an inclusive financial ecosystem

The Payments Association

The future of payments is digital, inclusive, and transformativedriving financial access, innovation, and global economic empowerment. The global financial landscape is undergoing a profound transformation. As digital payment technologies evolve, they are revolutionising how transactions occur and breaking down barriers that have long excluded billions from the financial ecosystem.

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Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

Speaker: Jason Cottrell and Gireesh Sahukar

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.

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Aspire Launches Visa Corporate Card for Hong Kong Small Businesses

Fintech Finance

Aspire , a leading fintech headquartered in Singapore, has announced the launch of its Visa corporate card tailored specifically for small and medium-sized businesses in Hong Kong. By providing access to powerful, user-friendly financial tools, Aspire and Visa are setting the stage for a new era of growth and efficiency in Hong Kong’s business landscape.

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Checkout.com and Visa Join Forces to Launch Push-to-Card in UAE

The Fintech Times

Merchants and consumers in the UAE are going to have greater accessibility to make real-time transactions following a new partnership between digital payments firm, Checkout.com and payments juggernaut, Visa. As a result of this collaboration, Checkout.com is going to launch Visa Direct’s Push-to-Card solution in the UAE, facilitating cross-border and domestic transactions in the country.

More Trending

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Airwallex Reports Strong Growth in Transaction Volume, Revenue for 2024

Fintech News

Airwallex, a global financial platform, reported significant growth in 2024. The companys annualised transaction volume rose from US$100 billion in August to US$130 billion just three months later, following its ARR surpassing US$500 million. This marks a 73% year-over-year increase in transaction volume. During the same period, Airwallex ‘s ARR climbed from US$500 million to US$600 million.

Volume 75
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Making Lending More Accessible: NEO PAY and Mashreq Business Banking Launch PoS Solution

The Fintech Times

The financial institution, Mashreq has announced it is committed to supporting small and medium businesses (SMEs) in the UAE. Putting resources behind this claim, the firm’s business banking arm has announced a new partnership with NEO PAY , the digital payments organisation to make lending more accessible for SMEs in the region with the launch of a new point-of-sale (PoS) lending solution.

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PhonePe Unveils Device Tokenization Solution for Secure Card Transactions

Fintech Finance

PhonePe , today announced the launch of a device tokenization solution for Credit and Debit cards. With this launch, users will be able to tokenize their cards on the PhonePe App, and use the card tokens seamlessly across all use cases on PhonePe such as Bill Payments, Recharges, booking travel tickets, making insurance purchases, making payments on Pincode, as well as at Online Merchants where the PhonePe Payment Gateway services are integrated.

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The Fintech Times – Edition 59

The Fintech Times

Welcome to Edition 59 of The Fintech Times , where we explore how AI is reshaping banking, from boosting efficiency to cutting costs. With around 60% of banks fully integrating AI, the industry faces a strategic divideprioritizing productivity or reducing expenses. But as AI takes on more responsibility, it raises big questions around ethics, regulation, and accountability.

FinTech 59
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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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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PhotonPay Enhances Global Payment Solutions with Robust Compliance and Risk Solutions

Fintech Finance

Fintech compliance is an increasingly important aspect of the financial industry. As the fintech industry continues to grow and evolve, so do the demands for regulatory compliance. PhotonPay , a leading digital financial infrastructure provider, drives innovation through global licenses, strategic partnerships with top financial institutions, and local teams delivering secure and scalable payment solutions worldwide PhotonPay integrates AI-powered AML and Risk engine that enhances the speed and

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How Community Banks and Credit Unions Can Strengthen Their Cybersecurity Strategies in 2025

Finextra

2024 was rough; why should 2025 be any different? This question lingers among community banks and cr.

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Yonder Partners With Griffin to Launch Top-Ups and Simplify Payments Reconciliation

Fintech Finance

Yonder , the rewards credit card for modern explorers, has partnered with Griffin , the UKs leading bank for fintechs. This partnership allows Yonder to offer its customers Top-ups, a new feature that helps them unlock a higher spending limit while enjoying all the benefits of credit. Dedicated to helping young professionals build a healthy relationship with credit, Yonder is enhancing its offering with Griffins embedded bank accounts to deliver two key improvements: An account for Yonders custo

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Banks are investing in AI, but are customers ready for change?

Payments Next

By Scott Draeger, SVP, Product Marketing & Vertical Solutions, Smart Communications The potential of AI in banking is undeniable, with projections showing The post Banks are investing in AI, but are customers ready for change? first appeared on Payments NEXT.

AI 88
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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now

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.

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BIS opens first innovation hub in the Americas

Finextra

The Bank for International Settlements has opened its seventh innovation hub in Toronto, its first in the Americas.

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Tomorrow and Solaris unveil new sustainable savings account

The Paypers

Germany-based sustainable mobile banking provider Tomorrow , in collaboration with Embedded Finance platform Solaris , has launched a new savings account to improve its existing suite of banking products.

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Standard Chartered anchors HK dollar-backed stablecoin joint venture

Finextra

Standard Chartered has formed a joint venture partnership with Animoca Brands and HKT to issue a Hong Kong dollar-backed stablecoin.

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Socure launches RiskOS for identity verification and fraud prevention

The Paypers

Socure , a provider of digital identity verification and fraud prevention technologies, has announced the general availability of its new RiskOS platform.

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15 Modern Use Cases for Enterprise Business Intelligence

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?

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Market Pay acquires Denmark's AltaPay

Finextra

Pan-European payments platform Market Pay is to acquire Danish PSP AltaPay, strengthening its presence in the Scandiavian market.

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Cynergy Bank launches sustainable banking debit card made with Parley Ocean Plastic

The Paypers

Cynergy Bank has announced the launch of a new sustainable banking debit card for customers and partners, made from Parley Ocean Plastic.

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Visa launches Tap to Add Card in three new markets

Finextra

Visa has launched its Tap to Add Card service in Ukraine, Georgia and South Africa, enabling cardholders to add their bank card to their mobile wallet by tapping their card against their mobile phone.

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Payoneer gains approval to acquire a licensed payment service provider

The Paypers

Payoneer has received regulatory approvals in China to finalise its acquisition of a licensed payment service provider, aimed at empowering SMBs.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

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

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Ziglu raises £5 million; plans to introduce Ziglu Coin

Finextra

Ziglu, a UK-based cryptocurrency business that once commanded a $170 million price tag, has raised £5 million at a £45 million valuation.

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dLocal and AZA Finance Partner for Expansion in Africa

The Nilson Report

The post dLocal and AZA Finance Partner for Expansion in Africa appeared first on Nilson Report.

Finance 52
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BIS names Beju Shah as new head of Toronto innovation hub

Finextra

The Bank for International Settlements has appointed Beju Shah as the new Head of the Toronto Innovation Centre.

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Cairo Amman Bank Teams with Mastercard Move for Cross-Border Payments in Jordan

The Nilson Report

The post Cairo Amman Bank Teams with Mastercard Move for Cross-Border Payments in Jordan appeared first on Nilson Report.

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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.

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Lloyds drives gamified education for young people in partnership with Doshi

Finextra

Lloyds Bank is working with fintech Doshi to deliver a gamified financial education platform with rewards-based engagement for students and young people.

FinTech 64
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Barclays reveals FCA ML probe and tax fight

The Paypers

Barclays has revealed an FCA money-laundering probe and tax fight, as well as provisioning GBP 90 million for potential car finance mis-selling costs.

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Securities Commission Malaysia opens applications for regulatory sandbox

Finextra

The Securities Commission Malaysia (SC) has released its Regulatory Sandbox Guidelines, detailing the eligibility criteria and requirements for participation.

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Miura launches Miura Ascend, a new unified payment platform

The Paypers

Miura has announced the launch of Miura Ascend, an enterprise payments platform that will make transactions faster, safer, and easier to manage for businesses.

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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