Fintech News
MAY 19, 2024
Vietnamese lender Sacombank plans to sell a 33% stake by the end of the year, aiming to raise between US$840 million and US$880 million, according to DealStreetAsia. The bank, listed in Ho Chi Minh City, intends to offer the shares at 34,500-36,000 dong (US$1.36-US$1.40) each, significantly higher than the current trading price of 28,400 dong per share.
Stripe
MAY 19, 2024
Today Stripe is launching a new way of logging in that makes it possible to have both speed and security: 1-Click Login using passkeys.
Fintech News
MAY 19, 2024
Mastercard and Salesforce have announced a new integration aimed at enhancing the transaction dispute process. This collaboration seeks to provide consumers with a safer and more efficient shopping experience by streamlining the resolution of transaction disputes and reducing associated costs. The new integration will combine Salesforce’s Financial Services Cloud (FSC) with Mastercard’ s dispute resolution services, including Ethoca Alerts and Ethoca Consumer Clarity.
Finezza
MAY 19, 2024
In loan servicing and commercial lending, it is essential to efficiently manage paperwork, cash flow analysis, and other time-consuming tasks. Since loan administration requires excellent precision, timeliness and accuracy are essential. Typically, manual and ineffective management is observed, particularly in companies whose primary business isn’t corporate lending, like intent company loans and ancillary financing.
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.
Fintech News
MAY 19, 2024
Data monetization in the banking sector has become increasingly prevalent in recent years, driven by evolving customer expectations, new data sharing rules and opportunities for new revenue streams. Twimbit, a Singaporean research and advisory firm, identifies data monetization as one of the biggest growth opportunities for banks in Asia-Pacific (APAC), which, alongside super-app platforms, financial marketplaces, banking-as-a-services and buy now, pay later (BNPL) arrangements, are projected to
Finextra
MAY 19, 2024
Kudos has raised $10.2 million in a Series A funding round led by QED Investors for its AI-powered smart wallet and shopping assistant.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
The Fintech Times
MAY 19, 2024
In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. This May, The Fintech Times is looking to showcase some of these new methods and explore how the digital asset ecosystem is evolving.
Finextra
MAY 19, 2024
Half of young Brits have been left frustrated after finding their local branch closed when they needed it, according to research from Nationwide.
The Fintech Times
MAY 19, 2024
The American Fintech Council (AFC), the industry association representing fintech firms and innovative BaaS banks, is joining forces with private equity firm Raido Capital Partners. Known for its expertise and experience in the fintech ecosystem, Raido Capital Partners will now collaborate with members of the American Fintech Council , providing insight and thought leadership.
Stripe
MAY 19, 2024
If the first wave of digitization in broadcast media was about the move into streaming, this second one is about open-ended optimizations of the streaming experience. Top media companies are partnering with Stripe to add new content bundles, change pricing models, and personalize payments.
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
The Fintech Times
MAY 19, 2024
Over three million people across the UK may have been forced to borrow from illegal lenders in the last 12 months, according to new research from responsible lender Creditspring. A third (31 per cent) of people in the UK currently feel stuck and feel there is nothing they can do to improve their financial situation, Creditspring revealed. This situation has led to six per cent of UK adults borrowing from illegal lenders in the past 12 months alone.
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