April 8, 2024 @ 10:51 pm By Michael Wong  |  

In the first quarter of 2024, funding for fintech startups saw a 16% decline from the previous quarter, contrasting with an 11% increase in overall venture funding, which reached $58.4 billion, according to the latest CB Insights Q1 2024 State of Venture Report. The fintech… Read More

 Tagged payments, research, vc

April 8, 2024 @ 9:46 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading enterprise businesses, today announced its partnership with PayMe by HSBC in Hong Kong to become an acquirer for the mobile payment service. Through this partnership, Adyen’s merchants can now accept PayMe as “a payment… Read More

 Tagged adyen, digital transactions, hong kong, payments

April 8, 2024 @ 9:44 pm By Omar Faridi  |  

Banco Central Do Brasil (BCB), the central bank of Brazil, recently announced that it launched a new report on Pix aliases. Registrato users now reportedly “have access to the complete history of their Pix aliases, even those previously disabled.” Starting Tuesday (April 2), Pix users… Read More

 Tagged brazil, central bank, payments, pix

April 8, 2024 @ 9:42 pm By Omar Faridi  |  

Payments Canada welcomes four new and three returning members to its Stakeholder Advisory Council (SAC). SAC provides advice and counsel to Payments Canada’s leadership, employees and Board of Directors “on key elements of the future of payments.” The appointments took effect on April 1, 2024,… Read More

 Tagged new appointments, payments, payments canada

April 8, 2024 @ 9:35 pm By Omar Faridi  |  

ANZ will invest in several new security measures and capabilities in 2024 to help protect our customers and the community from the ongoing threat of scams and financial crime. Last year, ANZ’s people and systems reportedly “prevented more than $106 million in losses to cyber… Read More

 Tagged ANZ, australia, financial services, scams

April 8, 2024 @ 9:33 pm By Omar Faridi  |  

Paymentology, a global issuer-processor, announces its partnership with Rain, a corporate spend management platform that specializes in catering to international companies and companies in the digital asset and Web3 space. The collaboration is a first for the fintech industry “with the launch of a new… Read More

 Tagged paymentology, rain, Web3

April 8, 2024 @ 7:45 pm By Omar Faridi  |  

Grab Holdings Limited (NASDAQ: GRAB) announced updates to its Board of Directors. With immediate effect from April 1, 2024, Daniel Yun (Chief Executive Officer of KakaoBank) and David Loh (Executive Director and Joint Chairman of Centurion Corporation) will be appointed to Grab’s Board of Directors,… Read More

 Tagged financial services, grab, new appointments, southeast asia, super app

April 8, 2024 @ 7:07 pm By JD Alois  |  

Finzly, a Fintech that aims to provide banking services for both regulated banks, neobanks, Fintechs, etc., has announced the launch of an embedded banking service. Finzly completed a funding round in late 2023, raising $10.05 million in a Reg D offering. In a public release,… Read More

 Tagged banking, Finzly

April 8, 2024 @ 5:41 pm By Omar Faridi  |  

As another reinforcement for the security of its customers, Nubank (NYSE: NU), which claims to be one of the largest digital financial services platforms in the world, announces the launch of Verified Call: a new tool for over 90 million people who use the app… Read More

 Tagged digital banking, digital financial services, latin america, nubank

April 8, 2024 @ 2:52 pm By Omar Faridi  |  

EY announces the launch of a new Sustainable Finance Innovation Hub in Dublin to help financial institutions around the world accelerate their efforts to meet their environmental, social and governance (ESG) regulatory and reporting requirements. EY Ireland’s existing financial services sustainable finance team “will more… Read More

 Tagged dublin, ey, ireland, sustainability