Revolut takes on impersonation scams with in-app calls
Finextra
JANUARY 19, 2025
Fintech giant Revolut is rolling out in-app calls to help retail customers quickly expose impersonation scams.
Finextra
JANUARY 19, 2025
Fintech giant Revolut is rolling out in-app calls to help retail customers quickly expose impersonation scams.
The Paypers
JANUARY 19, 2025
1Money has officially launched from stealth mode, unveiling USD 20 million in seed funding to develop its Layer 1 blockchain network designed for stablecoin payments.
The Finance Weekly
JANUARY 19, 2025
Artificial intelligence (AI) is changing financial planning and how industries operate. According to NVIDIA, 91% of financial companies are already using or testing AI. AI automates tasks such as data entry and modeling, enabling finance teams to focus on analysis and strategy. This helps businesses allocate resources efficiently and plan for long-term growth.
The Paypers
JANUARY 19, 2025
Illinois’s Secretary of State has revealed plans to bring IDs in Apple Wallet to Illinois residents, aiming for a launch by the end of 2025.
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
JANUARY 19, 2025
Singapore-based digital payments provider dtcpay is joining forces with global payments infrastructure firm Primer to simplify transactions between fiat currencies and stablecoins. dtcpay had recently announced that it will be making a strategic shift to exclusively support stablecoins for all its payment services starting in January 2025. This partnership aims to meet the increasing demand for easy-to-use stablecoin payment options in Southeast Asia and beyond. dtcpay will utilise Primer’
Finezza
JANUARY 19, 2025
Today, Artificial Intelligence (AI) plays a transformative role across various sectors. In financial services, a recent survey, for instance, indicated that 13% of banks are already leveraging AI in lending operations to boost efficiency and performance. Over 50% of the surveyed banks aim to invest $100,000 or more in machine learning-driven credit models over the […] The post From Data to Decisions: AI’s Role in Modern Credit Underwriting appeared first on Finezza Blog.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
The Fintech Times
JANUARY 19, 2025
Revolut has introduced a new security feature enabling personal customers to make in-app calls, aimed at mitigating impersonation scams. These scams, where fraudsters pose as banks or trusted authorities, have seen a decrease among Revolut customers to the lowest levels in nearly two years, despite significant growth in the companys user base. Revolut developed the in-app calling feature over several months to provide customers with a secure method of direct communication with customer support,
Fintech News
JANUARY 19, 2025
Global fintech event Money20/20 has unveiled its latest report, The Future of Fintech in APAC, ahead of its Asia conference in Bangkok from 22 to 24 April. The report found that Southeast Asia is emerging as a top priority for fintech growth, with one in three industry stakeholders planning to expand into the region. It highlights the regions increasing prominence, driven by its dynamic market potential and a collective focus on financial inclusion.
The Fintech Times
JANUARY 19, 2025
In 2024, Tunisia emerged as a significant player in the Middle East and Africa’s fintech sector, poised as a cultural and technological bridge across Francophone, Arab and African regions Capital and financial hub Tunis Key economic development strategy Tunisia Digital 2021-2025 Economic, financial services and fintech overview: Tunisia, straddling Francophone, Arab North African, and African cultures, holds the potential to serve as a gateway across these diverse regions in the MEA.
Fintech News
JANUARY 19, 2025
The Vietnamese central bank has directed two of the country’s leading commercial banks – VPBank and HDBank – to take over their weaker rivals, in a move to fortify the nation’s financial stability. This move is part of a broader effort to overhaul the banking system and address the issue of bad debt, a move deemed crucial for maintaining political and social stability.
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
JANUARY 19, 2025
Open finance platform Belvo and payments company J.P. Morgan Payments have formed a partnership to address the needs of recurring payments management in Mexico. The collaboration combines Belvos open finance platform with J.P. Morgans payment processing capabilities to facilitate direct debit solutions for businesses, aiming to simplify and secure payment processes.
Fintech News
JANUARY 19, 2025
Revolut, a global neobank with over 50 million users, has introduced In-App calls, a new feature designed to protect personal customers from impersonation scams. The service allows Revolut s customer support team to contact users directly through the app, ensuring a secure and reliable communication channel that scammers cannot replicate. Impersonation scams involve fraudsters pretending to be trusted entities, such as banks or authorities, to trick victims into transferring money or sharing sen
The Fintech Times
JANUARY 19, 2025
Singapore-based digital payments provider dtcpay has partnered with Primer, a global payment infrastructure firm, to enhance its transaction capabilities across both fiat and stablecoins. By using Primer’s payment solutions and global network, dtcpay aims to broaden its service offerings, enabling online checkout experiences for both fiat and stablecoin payments.
Fintech News
JANUARY 19, 2025
Tech giant Amazon has signed an agreement to acquire Indian Buy Now Pay Later (BNPL) startup axio. The financial details were not disclosed. The deal, which is still awaiting regulatory approval, follows a successful six-year partnership between the two companies. axio has been providing accessible and affordable credit to customers across India for the past decade.
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.
The Fintech Times
JANUARY 19, 2025
HSBC has introduced a new treasury solution for multinational technology company Philips in mainland China, aimed at simplifying the companys management of financial transactions. This solution consolidates numerous intra-group, multi-currency transactions into a single transaction using the yuan (RMB), China’s official currency. Philips operates nine entities in mainland China and handles over 4,000 intra-group cross-border transactions annually across seven different currencies.
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