Managers of Wealth Fintech

Africa’s digital payments economy to hit $1.5tn by 2030, study shows

With nine of the world’s 20 fastest-growing economies projected to be in Africa, the region is primed for a financial revolution.

Alipay+ Now Accepted at 400,000 Merchants in Sri Lanka

Sri Lanka is targeting 3 million tourist arrivals and US$5 billion in revenue in 2025.

Starling wants to take its SaaS side hustle global — can it succeed?

The fintech’s SaaS banking platform Engine is eyeing the US market

Banks and Fintech need stronger collaboration to achieve financial inclusion-Mr Quayson

The Summit also discussed threats to the financial services sector through cybercrimes, identity theft among others and how players could form synergies to avert the same.

American Express Reveals Key Ways to Optimise Payments and Accelerate Growth in 2025

With over a quarter (27 per cent) of respondents admitting they spend too much time managing payments, a significant proportion recognise the benefits that automation can deliver in process improvement

How businesses can use AI to reduce payment fraud, improve transaction security

Secure payment gateways and artificial intelligence play a key role in protecting transactions and preventing fraud

States sets digital target for payments online

The government said its digital services will be enhanced to make them secure, accessible and user-friendly.

Verizon partners Santander Bank to launch digital savings accounts in the US

Customer onboarding will be managed by Openbank’s digital banking platform via the Verizon mobile app

Google Wallet lets kids make in-store payments

Apple offers a similar feature called Apple Cash Family

Malaysia’s Senang.io Partners with iRemit to Launch Financial Plan for OFWs

The DreamSecure Plan combines endowment insurance, unit trust investment, and personal accident coverage

Burbank goes live with online tap and PIN payments

Currently, online merchants face over $40 billion annually in fraud and chargebacks, which is when a cardholder disputes a transaction and the merchant is obligated to provide a refund.

FlexM Secures Major Payment Institution (MPI) License from MAS Singapore

FlexM can now expand its services to include international money transfers.

Pine Labs Eyes Second-Half 2025 for India IPO

Sources say the planned IPO is expected to raise around US$1 billion

ICBA Payments strives for payments innovation with Mastercard

The strategic alliance with Mastercard will help community bankers bolster and modernize their card programs

Vision Bank becomes operational with Finastra's cloud-native, Islamic banking treasury solution

With Finastra Kondor and managed services provided by DXC, the bank has enhanced its treasury trading and risk management capabilities, while offering modern, Sharia-compliant services

Airwallex collaborates with Discover to expand payment acceptance options

Airwallex merchants can now accept Discover® and Diners Club International® Cards across multiple regions

JCB Now Available on Google Play in Key Asian Markets

JCB International is expanding digital payment convenience for JCB Cardmembers

XCharge NA partners Stripe on integrated EV payments

XCharge NA’s integrated payment system, designed with seamlessness and security in mind, comes pre-installed and shipped with every new XCharge system

Chocolate Finance Resumes Withdrawals, Raises Debit Card Spending Cap to S$1,000

After a temporary halt due to high transaction volumes, Chocolate Finance reinstates fund withdrawals and increases its debit card spending cap.

Santander and Amazon introduce Visa card in Austria

An accompanying app enables user to track rewards balances and the redemption of points on checkout at Amazon.

Retail Banking