Reward have announced the extension of their partnership with Visa to cover all the markets across Asia-Pacific. Building from their partnership in Europe, this deal now allows Visa cardholders to benefit from Reward merchant offer content, through Visa Offers eXchange, a marketplace that uses Visa transaction data to provide cardholders with more personalised merchant offers.   

Tarun will be responsible for shaping the strategic and long-term financial direction of the company

ZebPay, India’s most trusted and oldest crypto asset exchange, has announced the appointment of Tarun Jain as its Chief Financial Officer (CFO). Tarun will shape the strategic and long-term financial direction of ZebPay’s business. He will work closely with the organization’s leadership team to scale the organization and its systems for the next phase of growth.

The country has Asia’s highest internet penetration percentage, is ranked fifth worldwide for ease of doing business and saw cross-border ecommerce tally $9.5 billion in 2020

As the world moved indoors two years ago, the online payment space flourished. These are the biggest developments in 2021, and a brief look ahead.

This year, South Africans embraced e-commerce, mobile commerce and digital payments like never before - all four major banks have seen massive increases in these payment methods since the start of the pandemic. Absa, for one, says 66% of people now prefer electronic payments over cash.

Workday will help to digitally transform entire back-office

The Financial Ombudsman Service has gone live on Workday Financial Management and Workday Human Capital Management to help it to digitally transform its entire back office and the way it operates. 

The Financial Ombudsman Service was set up by Parliament in 2001 to resolve complaints between financial businesses and their customers. Every year over 1 million people contact the service.

IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the first quarter of its 2022 fiscal year (the three months ended October 31st) on Tuesday, December 7, 2021. 

  Berlin-based fintech is the market’s only authorised financial crime benchmark for banks and financial institutions 

·       Former HSBC Head of Financial Crime Compliance, Ben Arber, will head up US business development  

·       Elucidate employs more than 35 people across Europe and has raised €5.7M in funding to date 

Summary: A darker shade of black emerged on Friday after the new Covid variant, Omicron which was first detected in South Africa, spread around the world on Sunday. Cases of the new variant were detected in Italy, Germany, the Netherlands, Britain, Denmark, Belgium, Botswana, Israel, Hong Kong, and Australia. A wave of travel bans on southern Africa from many countries saw risk appetite, and financial markets dive.