Fintech News

DECEMBER 15, 2024

The financial industry is standing on the brink of a profound transformation. For decades, banks have innovated around functionalitystreamlining transactions, expanding access, and introducing digital tools. But the rules of the game have changed. Today, its no longer enough to be digital or omnichannel. In this hyper-connected customer-centric era, dominated by Spotify-like immediacy and Netflix-style personalisation, the question is: How deeply do you engage with your customers?

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Online and Mobile Banking On-Demand Economy Transactions 104

The Finance Weekly

DECEMBER 15, 2024

Creating a marketing plan can often feel overwhelming. Whether youre a CMO or a marketing operations manager, the challenge of making the most of your budget while hitting your targets is no small feat. But with the right framework, you can turn chaos into clarity and ensure every action contributes to your goals. What is a Marketing Plan? At its core, a marketing plan is a roadmap that outlines your marketing strategies and the steps youll take to achieve your business goals.

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Process Audit Adjustments Best Practices 130

The Fintech Times

DECEMBER 15, 2024

On this week’s episode of News & Views, sponsored by Vanta , the trust management and compliance platform, The Fintech Times Podcast team speak about some of the challenges faced by LGBTQ+ professionals in the workplace & Ryanair integrating TrueLayer to offer customers Pay By Bank at checkout. For the final episode of 2024, Polly and Francis looked at payment options and diversity in the financial sector.

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Compliance Acquirers Checks FinTech 52

Finextra

DECEMBER 15, 2024

The landscape of asset servicing is undergoing enormous transformation driven by technological advan.

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Technology 52

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.

AI

The Fintech Times

DECEMBER 15, 2024

Increasing business spending flexibility and choice, Marqeta , the global modern card issuing platform that enables embedded finance solutions, has announced its customer Slope is launching the Slope Card. Slope powers the Slope Card which enables low-interest buy now, pay later (BNPL) loan options for its commercial customers. The Slope Card enables businesses to pay in-store or online with 30 or 60-day loan options, allowing for increased flexibility and choice in how they make payments and ma

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Business Payments BNPL Embedded Finance Payment APIs and Integration 59

Fintech News

DECEMBER 15, 2024

Since the pandemic, fraud and scams have surged significantly, with mature markets like Singapore and Hong Kong facing increasingly complex challenges, including authorised push payment fraud and deepfakes. Stephen Topliss, vice president of fraud and identity at LexisNexis Risk Solutions, says that to address the evolving fraud trends in Southeast Asia organisations must adopt a multi-faceted approach combining cutting-edge technology and cross-industry collaboration to share risk insights.

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Scams Deepfake Fraud Prevention Risk 113

Fintech News

DECEMBER 15, 2024

Bank Indonesia has announced the successful completion of the Proof of Concept (PoC) for the wholesale Rupiah Digital under its Garuda Project. This marks a critical milestone in the exploration of a Central Bank Digital Currency (CBDC). This phase, part of the Immediate State of Project Garuda, focused on testing a distributed ledger technology (DLT)-based wholesale cash ledger system to assess its feasibility, security, and compatibility with Indonesia’s financial ecosystem.

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CBDC Distributed Ledger Technology (DLT) ISO 20022 Cross-Border 113

Fintech News

DECEMBER 15, 2024

Allianz is reportedly on the brink of halting its planned acquisition of Income Insurance in Singapore, valued at US$2.2 billion, following heightened public and regulatory scrutiny, as reported by Bloomberg. The German insurer initially aimed to secure a majority interest in the Singaporean cooperative, marking a strategic move to become the fourth-largest composite insurer in Asia.

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Compromise Blocks Authorization Addressing 104

Fintech News

DECEMBER 15, 2024

Singapores digital bank, Trust Bank , has launched a new feature called Savings Pots, designed to help customers save more effectively and with ease. This tool allows users to create personalised savings pots for specific goals, such as emergency funds, travel, or a dream home. Trust Bank reports that its new Savings Pots feature has seen significant adoption, with over 75,000 pots created since its launch.

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Fintech News

DECEMBER 15, 2024

UOB announced that Leong Yung Chee will succeed Lee Wai Fai as Group Chief Financial Officer (CFO). Lee, who has served as CFO for 20 years, will retire from the role on 21 April 2025. Leong Yung Chee Leong, currently Head of Group Corporate Banking, will officially assume the CFO role on 22 April 2025 and will work alongside Lee as CFO-designate with immediate effect to ensure a smooth transition.

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Treasury Innovation Finance Continuity 104

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

Payments

Fintech News

DECEMBER 15, 2024

Equinix, a provider of digital infrastructure solutions, has announced the appointment of Cyrus Adaggra as its new President for the APAC region. Adaggra, who has been with Equinix since 2021, will oversee the company’s strategy, management, and growth across APAC, a region experiencing significant digital transformation. Based in Sydney, Australia, Adaggra brings over two decades of experience in mergers and acquisitions, financial strategy, and corporate development.

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APACS Economy Government Governance 98

Fintech News

DECEMBER 15, 2024

The Australian Securities and Investments Commission ( ASIC ) has launched legal proceedings against HSBC Australia, alleging systemic failures in protecting customers from financial scams. According to documents filed in the Federal Court, HSBC failed to implement adequate controls to prevent unauthorised transactions and did not fulfill its obligations under the ePayments Code to investigate scam reports promptly or reinstate access to blocked accounts in a reasonable timeframe.

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Scams Smishing Blocks Fraud Detection 80