November 10, 2024 @ 10:02 pm By Omar Faridi  |  

PwC has released their research report, entitled FinTech in ASEAN 2024: A Decade of Innovation. PwC noted that during the past decade, the global FinTech landscape has evolved rapidly, transforming financial services and “driving digital inclusion worldwide.” Yet, the research report explained that considerable challenges… Read More

 Tagged asean, asia, fintech adoption, research, southeast asiaa

November 10, 2024 @ 10:01 pm By Tony Zerucha  |  

SentBe, a Korean global FX total solutions provider, partnered with Visa to implement Visa Direct’s card transfer service, which allows for real-time overseas payment through Visa’s global payment network. SentBe is the first in the Korean fintech industry to implement a Visa Direct card transfer… Read More

 Tagged Alex Seong-Ouk Choi, Patrick Storey, sentbe, visa, visa direct

November 10, 2024 @ 9:46 pm By Omar Faridi  |  

Denis Beau, the First Deputy Governor of the Banque de France noted recently the use of Artificial intelligence (AI) is on the rise and that the possibilities offered by this set of technologies seem “immense.” Beau added in a blog post from the Banque de… Read More

 Tagged banque de france, france

November 10, 2024 @ 9:43 pm By Omar Faridi  |  

Jeremy Allaire, CEO and Founder at Circle, recently commented on the the ongoing development of solutions enabling more seamless USDC merchant payment acceptance. Allaire noted that a new solution called Drift Money integrates into existing Square point of sale systems, and dashboard apps for merchants…. Read More

 Tagged circle, drift money, jeremy allaire, payments, usdc

November 10, 2024 @ 5:05 pm By Michael Wong  |  

Fintech companies from mainland China are increasingly choosing Hong Kong as the base for their headquarters, attracted by the city’s capital accessibility and a strong talent pool. These firms are leveraging Hong Kong’s strategic position to expand their operations into ASEAN markets. KN Group, a… Read More

 Tagged asean, fintech, hong kong, KN Group

November 10, 2024 @ 1:12 pm By Tony Zerucha  |  

B2B embedded finance platform Toqio has signed an agreement with the global e-commerce company DSA. The partnership with the UK- and Hong Kong-based company is Toqio’s maiden step into logistics after establishing itself as a partner to corporate firms in the hospitality and pharmaceuticals sectors,… Read More

 Tagged DSA, Eduardo Martinez, embedded finance, Mark Deken, toqio

November 10, 2024 @ 1:09 pm By Omar Faridi  |  

KPMG has shared comments on the latest Bank of England monetary policy committee decision. Yael Selfin, Chief Economist at KPMG UK said that the Bank of England strikes a “balanced tone with [the recent] cut to the bank rate.” Selfin added that after a pause in… Read More

 Tagged bank of england, monetary policy, uk, united kingdom

November 9, 2024 @ 8:04 pm By Omar Faridi  |  

LendingMetrics, the credit risk technology group, has secured a “significant” investment from LDC, the private equity investor which is part of Lloyds Banking Group, to help it scale its presence in the UK’s fast-growing decisioning software and data market. Founded back in 2010, LendingMetrics’ software… Read More

 Tagged credit risk technology, lendingmetrics, lloyds bankin group, private equity, uk

November 9, 2024 @ 7:58 pm By Omar Faridi  |  

Beechbrook, the specialist lower mid-market private debt manager, has announced the first close of its fourth UK SME Credit Fund, UK SME Credit IV LP, with commitments totalling £151 million (including separately managed accounts). A total of £40 million has been committed to the fund… Read More

 Tagged beechbrook, sme's, uk, united kingdom

November 9, 2024 @ 7:54 pm By Michael Wong  |  

Global digital payment and financial services firm Ant International is collaborating with industry partners to develop the MSME Sustainability Impact Scorecard (MSME S-Card). This pioneering digital solution aims to empower Micro, Small, and Medium Enterprises (MSMEs) in Asia to track their environmental and social impacts… Read More

 Tagged ant international, gcash, online payments, payments