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XDC Network has selected eight startups to join its first-ever accelerator programme, powered by Tenity , an innovation ecosystem specialising in early-stage fintech startups. The XDC Accelerator Programme is a significant step for the emerging blockchain platform, which is known for its focus on real-world asset tokenisation and trade finance. The selected startups will gain access to business and technical mentorship, helping them refine their business value propositions and develop a working
Employers are responding quickly to the Consumer Financial Protection Bureau’s rule noting earned wage access services may constitute lending, says a Chime executive.
Banks are modernizing and digitalizing their platforms and offerings as users demand more online and mobile banking experiences. According to Bank Automation News’ proprietary Transactions Dashboard, banks have consistently invested in digital banking solutions since the start of the year.
Network for Electronic Transfers ( NETS ) has unveiled NETS SoftPOS , a new payment solution that allows merchants to accept contactless payments using their Android smart devices. This eliminates the need for traditional payment terminals, offering a more cost-effective and flexible payment option. With the NETS SoftPOS app, which is available on the Google Play Store, merchants can accept payments via cards, QR codes, and mobile payment methods.
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.
Antler, a global early-stage venture capital firm with a presence in over 30 cities, has announced the close of its second Southeast Asia fund, Antler SEA Fund II, at US$72 million. Three times the size of its predecessor, the fund will focus on early-stage tech-enabled companies in Singapore, Indonesia, Vietnam, and Malaysia. Over the next few months, Antler plans to deploy US$27 million from the fund into 45 startups across Southeast Asia, providing pre-launch, pre-seed, and seed capital.
AzeriCard, a premier card processing service in Azerbaijan, announces the integration of Apple Pay and Google Pay for its users. This enhancement, facilitated by Akurateco’s payment solutions , marks a significant milestone in AzeriCard’s commitment to providing cutting-edge financial services. Solving Integration Challenges In recent years, Azerbaijan’s payment landscape has been rapidly evolving, requiring the latest payment technologies.
AzeriCard, a premier card processing service in Azerbaijan, announces the integration of Apple Pay and Google Pay for its users. This enhancement, facilitated by Akurateco’s payment solutions , marks a significant milestone in AzeriCard’s commitment to providing cutting-edge financial services. Solving Integration Challenges In recent years, Azerbaijan’s payment landscape has been rapidly evolving, requiring the latest payment technologies.
A new report by Reputa, an online reputation monitoring system provided by Viettel, Vietnam’s state-owned telecommunications giant, offers an analysis of the country’s fintech sector and provides rankings of the most reputable fintech companies in Vietnam based on their online reputation and reach. Released on July 16, 2024, the report examines key trends, developments, and prominent players in Vietnam’s fintech industry, drawing on extensive data collected from social media interact
Ticombo® , the international ticket marketplace, has announced a new partnership with Mangopay , a modular and flexible payment infrastructure provider for platforms, to transform the ticket selling and buying experience. Mangopay will manage Ticombo’s end-to-end payment flow from pay-in to payout as Ticombo works to provide a fair, trusted, and transparent experience for its users worldwide.
Crypto custodian BitGo has obtained the Major Payment Institution license from the Monetary Authority of Singapore (MAS). This approval follows an in-principle nod received earlier this year and allows BitGo to offer regulated digital payment token services in Singapore. The license enables BitGo to provide clients with secure digital asset transactions through its insured cold storage custody solution, housed within a class III vault.
AI’s potential to revolutionize various industries, including accounting, is undeniable. Both its present capabilities and the general promise surrounding the technology can — and will — impact businesses broadly. But far too often, we hear people painting in broad strokes, explaining things so generally that it’s clear they’re not totally sure what they’re talking about.
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
Despite facing funding challenges and navigating complex market conditions, the fintech sector in India continues to grow and evolve, with several emerging fintech trends in India poised to shape the future of the industry. These trends include ecosystem banking, generative artificial intelligence (GenAI), and embedded finance, a new report by PwC India and ASSOCHAM says.
B2B eCommerce is hardly new, but most companies are far from perfecting the experience. China’s Alibaba pioneered the category 25 years ago with the launch of its online B2B marketplace, which has ballooned to over 200,000 suppliers. Now, about two-thirds of B2B companies offer an eCommerce option, according to McKinsey. The post How B2B eCommerce Is Changing in Response to Buyer Expectations appeared first on BlueSnap.
Wise, a global online money transfer service, is set to restart onboarding new customers in India for overseas remittances, according to Bloomberg. The fintech had temporarily paused new sign-ups to overhaul its infrastructure following the receipt of a license from the Reserve Bank of India, allowing its users to send more money abroad. Since 2020, Wise has facilitated outbound payments from India through a bank partnership, but transactions were previously capped at US$5,000 each.
Inaugural Report Recognizes Chargebee For Completeness of Vision and Ability to Execute August 9, 2024 — Chargebee, a leading and innovative provider of solutions in the subscription and revenue growth management industry, today announced that it has been positioned by Gartner as a Leader in the first-ever Magic Quadrant for Recurring Billing Applications.
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.
Thunes, a global network for cross-border money movement, is on track to reach EBITDA break-even by the end of this year, as the company reports several growth milestones. The firm’s annual revenue run rate has surpassed US$100 million, marking a key moment in its expansion strategy. The growth is driven by increased demand for Thunes’ direct global network, which enables real-time payments across more than 130 countries and 80 currencies.
Global payments company Nium is enhancing its presence in Latin America, with a focus on expanding its operations in Brazil. The company has recently applied for a Payment Institution License in Brazil, which will allow it to offer payment services, including managing funds in BRL and facilitating real-time payments through the Pix system. Additionally, Nium is seeking authorisation for foreign exchange transactions to strengthen its capabilities in the region.
Thunes , the Smart Superhighway for money movement around the world, today announces it has hit major growth milestones, exceeding $100m run-rate Revenue whilst remaining firmly on course to reach EBITDA break-even by year-end. Thunes’ phenomenal growth journey is fuelled by accelerating demand for its proprietary Direct Global Network for money movement, which allows Members to make payments in real-time in over 130 countries and more than 80 currencies.
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?
DBS has initiated the pilot of the “DBS Treasury Tokens”, a blockchain-based solution designed for next-generation treasury and liquidity management, in collaboration with Ant International. This digital platform allows Ant International to manage multi-currency treasury operations instantly across various markets using DBS’ permissioned blockchain.
Arab Financial Services (AFS) , in partnership with Samsung Gulf Electronics, has introduced Samsung Pay to Oman, marking a significant milestone in the Sultanate’s digital transformation journey. As the region’s leading digital payment solutions provider and fintech enabler, AFS is once again demonstrating its commitment to driving innovation and enhancing customer experiences.
As the Olympic Games Paris 2024 ended with the Closing Ceremony yesterday, Visa , the Official Payment Technology Partner of the Olympic and Paralympic Games, issued further data revealing the positive impact of Paris 2024 on tourism and spending in France. Not only did Paris attract 42% more Visa cardholders in the first week of the Olympic Games than in the same period in 2023, but other cities hosting Olympic Games events also saw significant increases in visitors and spending, especially amo
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
With their ability to delay digitalisation, organisational silos are a challenge for innovators everywhere. But what if we've been approaching the problem all wrong? What if there was another way to help financial institutions deliver modern payment experiences?
Nium , the global leader in real-time cross-border payments, is strengthening its presence in Latin America by applying for essential licenses, joining key fintech associations, expanding its employee presence, and signing new customers. This continued expansion is a step towards Nium’s commitment to revolutionizing the global payments landscape in this strategic region.
Discover how partnerships between PSPs and card acquirers can benefit the payment landscape by creating better, more convenient and secure payment solutions for merchants. The newest case study between card-acquirer PAYSTRAX and PSP CatalystPay.
Amazon and Barclays , one of the UK’s largest credit card providers, announce a new partnership to launch a co-branded credit card in the UK. The new card enables customers to earn rewards on everyday spending, which can be redeemed for gift cards on Amazon.co.uk. Amazon Barclaycard customers earn 1% rewards on all Amazon purchases, 0.5% rewards on everyday spending outside Amazon for the first 12 months, and 0.25% after that*.
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.
With their ability to delay digitalisation, organisational silos are a challenge for innovators everywhere. But what if we've been approaching the problem all wrong? What if there was another way to help financial institutions deliver modern payment experiences?
GoHenry by Acorns , a debit card and financial education app designed for 6-18 year olds, has announced a collaboration with Google Wallet to integrate GoHenry into the new Fitbit Ace LTE smartwatch for kids in the U.S. The collaboration advances Google’s Tap to Pay capabilities in its Fitbit Ace LTE devices and enables kids under 13 years old to use a smartwatch to spend their own money safely and responsibly in the digital world.
AI-driven solutions are transforming dispute management in the payments industry, enhancing efficiency, reducing costs, and improving customer satisfaction in an increasingly digital landscape.
Yuno , the leading global payments orchestration platform, today announces its strategic partnership with Nequi , a digital financial platform with more than 20 million users from diverse backgrounds in Colombia that aims to make people’s daily lives easier. Nequi provides a variety of online payment methods for a large and diverse customer base, while Yuno, offering access to more than 300 payment methods worldwide, helps companies across industries scale easily.
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
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