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AHAM Capital, leading asset manager in Malaysia, selects Temenos Multifonds SaaS to modernize its fund accounting platform

Temenos (SIX: TEMN) today announced that AHAM Capital has selected Temenos Multifonds Global Accounting delivered as SaaS to drive scalable automation and future growth in the Malaysian market. Founded in 2001 and majority owned by CVC Capital Partners, AHAM Capital has grown to become one of Malaysia’s leading asset management firms. The firm serves the wealth needs of corporates, institutions, pension funds, government-linked…

FinTech · 17 ديسمبر 2024 · مدة القراءة: 2 د

PayU first payment gateway in Colombia to integrate Google Pay

In a landscape where speed and security are essential for consumers, PayU sets a milestone by becoming the first payment gateway in Colombia to integrate Google Pay (GPay). This integrationprovides users with an unprecedented payment experience, allowing faster and safer transactions while redefining how Colombians shop. In a country where mobile payment growth is projected at 22% annually, adopting solutions like Google Pay is essential to…

FinTech · 17 ديسمبر 2024 · مدة القراءة: 2 د

Volume Raises $6 Million to Revolutionize Payments and Eliminate Internet Transaction Fees

Volume, the payments fintech startup transforming online payments with account-to-account (A2A) technology, has raised $6 million in a round led by United Ventures, with participation from Fabrick, the open finance platform part of the Sella Group, and existing investors Firstminute Capital, SeedX and Haatch, who doubled down on their support. Having found product-market fit and processing…

Venture & Investment · 17 ديسمبر 2024 · مدة القراءة: 4 د

The future of fintech: six trends to watch in 2025

Next year looks rosy for the fintech sector, with an uptick in the adoption of embedded finance in the B2B space, further steps forward in AI and more opportunities to collaborate with banks. Michael Galvin, co-founder of technology provider Toqio, shares his top predictions for 2025 The fintech sector will see a reversal of fortunes…

Insights · 17 ديسمبر 2024 · مدة القراءة: 4 د

TBC Uzbekistan Launches TBC Business, Country’s First Fully Digital SME Banking Service

TBC Uzbekistan, the leading digital banking ecosystem in Central Asia, announces the launch of TBC Business, the first fully digital banking service for small and medium-sized enterprises (SMEs) and individual entrepreneurs in Central Asia’s most populous nation. In line with its successful track record as Uzbekistan’s largest fully digital retail bank, TBC is expanding its…

FinTech · 17 ديسمبر 2024 · مدة القراءة: 3 د

1 in 4 Brits keep cash on hand as banks go digital

As digital banking becomes the norm, over a third (34%) of Brits are worried about the potential of IT failures at their banks, and 25% now keep cash on hand as a precaution against outages. This trend reflects the growing uncertainty consumers feel about the reliability of digital financial services, as the availability of in-person banking continues to decline. This data…

FinTech · 13 ديسمبر 2024 · مدة القراءة: 2 د

Slope Taps Marqeta to Power Buy Now, Pay Later Card, Enabling Brands And Marketplaces To Offer Flexible Loan Options

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, announced its customer Slope, powering the Slope Card and enabling low interest Buy Now, Pay Later (BNPL) loan options for its commercial customers. The Slope Card enables businesses to pay in-store or online with 30 or 60 day loan…

FinTech · 13 ديسمبر 2024 · مدة القراءة: 4 د

Navigating the Evolving Commercial Cards and Rewards Landscape

Interview with Josh Berwitz, Chief Commercial Officer at Ascenda What do you see as the primary reasons businesses choose to adopt commercial cards in their financial operations? JB: Businesses primarily adopt commercial cards to track employee spending, simplify their accounting and reporting workflows, and gain access to valuable rewards and benefits. According to our research,…

Insights · 13 ديسمبر 2024 · مدة القراءة: 6 د

The Payments Association shapes the future of sustainable digital payments

The Payments Association, the most influential community in payments, has released a report examining how a standardised approach to measuring carbon emissions in the digital payments processing value chain is needed across the payments industry. The aim is to develop a framework that allows payments firms to meaningfully measure carbon emissions in the digital payments…

FinTech · 12 ديسمبر 2024 · مدة القراءة: 3 د

The majority of merchants challenge fraudulent chargebacks—but rarely win

A recent survey conducted by Chargebacks911, the global chargeback technology leader, revealed that on average, 45% of all chargebacks filed against merchants stem from misuse or outright abuse—a practice commonly referred to as “friendly fraud.” Major card networks like Visa and Mastercard say this number can be as high as 75% for some merchants. However, even with…

FinTech · 12 ديسمبر 2024 · مدة القراءة: 4 د

Kuady Expands in Latin America with Ecuador Launch and Virtual Mastercard in Argentina

Kuady, a leading payments service processor, has announced significant strides in its Latin American expansion, with the introduction of its digital wallet services in Ecuador and the launch of its virtual prepaid Mastercard in Argentina. These developments underscore Kuady’s commitment to driving financial inclusion and delivering innovative payment solutions across the region. The launch in…

FinTech · 12 ديسمبر 2024 · مدة القراءة: 2 د

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