Managers of Wealth Fintech

‘Buy now, pay later' firms see 36% jump in complaints

The rise in complaints comes at a time of a proposal for new regulation of the BNPL sector as the market continues to grow in popularity.

Credit card spending on the rise in the UK

74 per cent of all debit card transactions in the UK were made with contactless.

Bank of Japan kicks off CBDC pilot

The trials will entail simulated transactions with retailers and consumers alongside the establishment of a CBDC forum with private sector institutions in the payment space.

Siam Commercial Bank Plans to Be a Fully Digital Bank

In terms of its wealth management service offerings, SCB has formed a network of relationship managers, an array of investment products, and reputable partners.

Barclays records surge in contactless transactions

There was also rapid growth in the value of mobile wallet contactless payments over the £100 card limit.

In Vietnam, Rural Adoption Is the Driving Force for Cashless Payments

This was to the detriment of cash usage, where withdrawals processed through the NAPAS system decreased by half.

Monzo launches 3% instant access savings option

The digital bank’s new savings option matches JP Morgan Chase’s.

Citizens Bank selects Paymentus for bill payments and money movement

Citizens will deploy Paymentus Bill CenterSM and Paymentus Loan Payments

Westpac gives credit cards a BNPL twist

"This new feature provides that flexibility in a fast and convenient way, via a digital card that can be downloaded in the Westpac app."

Soldo selects Form3 for Sepa payments

The new partnership sees Form3 providing Soldo with direct technical access to the SEPA clearing system via its cloud-based, single payment API account-to-account platform, using a direct non-settling participant model provided in collaboration with Barcl

Japan’s JCB Becomes Interwoven With India’s Digital Economy Amid One Million RuPay Card Issuance

The issuance allowed cardholders to use their RuPay cards at accepting points in India and JCB cards at accepting points outside India for both point-of-sale (POS) transactions and ATMs.

UAE to build CBDC and card scheme

The second stage will see work on financial cloud

How Asian banks are rethinking the payments game

Specialist players are disrupting payments and challenging banks to find a new playbook.

Credit card fraud hits 10-year high

Fraud levels skyrocketed in the final quarter of 2022 as consumers looked to borrow to cover Christmas costs.

Wirex becomes global Visa partner

The agreement between Wirex and Visa will support further collaboration in major markets, including APAC, UK, Europe and the USA.

Standard Chartered and Allinpay partnership enables cross-border QR payments

The move is expected to encourage travel between the countries and will generate revenue for participating Hong Kong businesses.

Carrefour implements PopID's facial verification for payments in UAE

This solution is based on proprietary facial recognition technology developed by PopID

Sionic rolls out fraud protection tech for instant payments

The services are designed to help avoid fraud that is prevalent in person-to-person (P2P) payments as is reported regularly.

BNPL Zilch to “fully integrate” support from debt charity StepChange

The partnership will see Zilch making a financial contribution for StepChange’s work.

Canada's Vancity adds emission tracking feature to credit cards

Vancity partnered with ecolytiq, one of Europe’s leading climate engagement technology companies, to provide the Visa Carbon Counter in Canada.

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