Singapore Achieves its Highest Fintech Funding in Three Years, Even as Global Fintech Investment Takes a Hit Due to Economic Conditions, Lower Valuations and Turbulence in the Crypto Space: KPMG Pulse of Fintech H2’22
- 3 years 6 months ago
- Investment
Overall fintech investments in Singapore saw a year-on-year rise, hitting a three-year-high of US$4.1 billion across 250 deals in mergers & acquisitions (M&A), private equity (PE), and venture capital (VC) in 2022, according to the KPMG Pulse of Fintech H2'22. 2022's total deal value here saw a 22 percent increase, up from US$3.4 billion in 2021, and a 75 percent increase from 2020's total deal value of US$2.3 billion.
Froda, Lunar and Visa Unveil Innovative SME Lending Solution
- 3 years 6 months ago
- Lending
Access to financing has long been a major hurdle for businesses eyeing growth. Against this backdrop, Visa, Froda and Lunar are announcing a global partnership and launching a new, innovative technology aimed at resolving these issues – for good. The product, which for the first time utilizes push-payment functionality for financing, aims to reduce transaction times to mere seconds. Ordinarily, this process would have taken months.
Diner’s Club Launches Ecuador’s First Digital Bank in the Cloud with Temenos
- 3 years 6 months ago
- Digital banking
TEMENOS today announced that Diner’s Club Ecuador has gone live with Temenos Core Banking, Payments and Analytics on the cloud with Amazon Web Services (AWS). The completion of the project marks the launch of Diner’s Club Ecuador as the first digital bank in the country.
Clausematch Launches Portugal Office, Grows Team to More Than 70 People Worldwide
- 3 years 6 months ago
- RegTech
Clausematch, a global regulatory technology company developing solutions for regulatory compliance, has launched a new office in Lisbon, Portugal, its first office in the Southern European country and third branch worldwide, in addition to established teams in the United Kingdom and North America.
Vayana Network Subsidiary Hylobiz Launches Operations in Indonesia, Partners with Accurate and Brankas
- 3 years 6 months ago
- Trading Systems
Vayana Network, one of India’s largest trade finance platform, announced the expansion of their international business operations via their subsidiary arm, Hylobiz. A B2B supply chain network, Hylobiz launched its business in Indonesia in partnership with Accurate and Brankas. This partnership will empower businesses in Indonesia with connected business software, especially accounting & POS (point of sales), and connected banking services...
Euronet Worldwide Business Segment epay Australia Pty Ltd Partners with Alipay+ to Roll Out Cross-border Mobile Payment and Marketing Solutions to Merchants in Australia
- 3 years 6 months ago
- e-Payments
epay Australia Pty Ltd, a wholly-owned business segment of Euronet Worldwide, Inc., today announced: Alipay+ will be activated in some 8,000 epay retailers including Australian luxury department store David Jones*. epay Australia’s retailers will have access to the Alipay+ e-wallet partners including AlipayHK (Hong Kong SAR, China), GCash (The Philippines), Kakao Pay (South Korea), TrueMoney (Thailand) and Touch 'n Go eWallet (Malaysia) in...
Mahalo Banking Becomes First in Industry to Offer Comprehensive Neurodiversity Functionality
- 3 years 6 months ago
- Digital banking
Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, today announced the launch of its next-generation digital banking platform. The modernized digital banking platform is engineered to deliver neurodiverse functionalities intended to improve accessibility and better accommodate the cognitive needs of all credit union members.
iDenfy Partners with Today’s Crypto to Offer Seamless Identity Verification
- 3 years 6 months ago
- Digital Identity
iDenfy, a tech startup providing AI-based ID verification and fraud prevention services, announced joining forces with Today’s Crypto, a streaming platform designed for the cryptocurrency community. iDenfy will ensure a frictionless onboarding process without creating compliance risks.
BillingPlatform Selected by Dext to Transform Billing and Revenue Management Processes
- 3 years 6 months ago
- e-billing
BillingPlatform, the enterprise monetisation platform for today’s innovative business models, today announced that Dext, a pre-eminent provider of cloud pre-accounting solutions has selected BillingPlatform to meet its evolving billing and revenue management needs.
Experian Accelerates Open Data Strategy with Envestnet | Yodlee API Collaboration
- 3 years 6 months ago
- APIs
Leading global information services company Experian has today announced the appointment of data aggregation and analytics platform Envestnet | Yodlee® as its official Open Data API provider in Australia. The collaboration will enable Experian to integrate the APIs necessary to access data from data holders under the Consumer Data Right (CDR), including the Big Four banks as well as more than 70 leading Australian financial institutions.
‘Fraud Is Growing And Becoming More Sophisticated’ Says SEON In New Data Report
- 3 years 6 months ago
- Fraud Detection
Fincrime prevention experts SEON has released its latest report, highlighting some of the most pressing fraud trends of 2023. The report leverages internal data from the company’s fraud prevention platform to provide businesses and individuals with the insights they need to stay safe over the next twelve months. Key findings from the report include:
Adyen Broadens Partnership with FREE NOW to Power New Visa Corporate Travel Cards
- 3 years 6 months ago
- P-Cards
Adyen, the global financial technology platform of choice for leading businesses, announces that it has broadened its partnership with FREE NOW, Europe’s leading mobility platform, to offer card issuing for mobility. This financial services addition builds on Adyen and FREE NOW’s long-standing relationship, which previously spanned global payments.
Shieldpay Partners with Fenergo to Achieve Perpetual Due Diligence and Scale Operations
- 3 years 6 months ago
- AML and KYC
Fenergo, the leading provider of digital solutions for Know Your Customer (KYC) and Client Lifecycle Management (CLM), and Shieldpay, the market leading fintech solving high value, complex B2B payments, today announced their partnership. The companies are working together to realise a comprehensive CLM system and perpetual risk monitoring, as Shieldpay scales its operations.
Computop Enables the Smartphone as a Card Terminal with Computop PhonePOS
- 3 years 6 months ago
- Payments
Retail customers of the international payment service provider (PSP), Computop, will now be able to use smartphones at the POS to accept contactless payments. With the new Computop PhonePOS solution, which will be debuted by Computop (Hall 6 booth E24) at the EuroShop trade fair in Dusseldorf (26 Feb-2 Mar) secure PIN entry will allow retailers to accept payments over £50 or 50 euros.
Lloyds Bank Appoints New Head Of Invoice And Asset Finance Sales
- 3 years 6 months ago
- People Moves
Lloyds Bank Business & Commercial Banking has strengthened its Specialist Client Solutions team with the appointment of Tim Biddle as Head of Invoice Finance and Asset Finance Field Sales.
