Cambodia: ABA Bank Introduces Instant Card issuance Kiosks, Supported by Compass Plus Technologies

Commonwealth Bank is rolling out new features for its widely used banking apps “aimed at combating the plague of scammers ripping off Australians.”. From late March, the app will “indicate whether the name and account details customers have entered are correct when they make payments using a BSB and account number.”

Strike, which claims to be the world’s “leading” digital payments platform built on Bitcoin’s Lightning Network, announced the expansion of its “Send Globally” product to the Philippines. Send Globally now “enables fast, secure, and low-cost money transfers between the U.S. and the Philippines, revolutionizing...

QED Investors has appointed Melissa Ho as its lead in Southeast Asia as the Fintech VC focuses on the hot Asian market. QED is one of the leading Fintech venture capital firms in the world. Ho, based in Singapore, will be looking for Fintech firms across stages with an emphasis on early-stage companies.

DealMaker, a tech-enabled capital raising platform, has sued Issuance – another firm engaged in raising capital for private firms, in the US District Court, Central District of California. DealMaker is based in Canada but has several offices in the US. According to the complaint, Issuance CEO and co-founder Darren...

Mizuho Bank, Ltd., the integrated retail and corporate banking unit of Mizuho Financial Group and one of Japan’s largest financial services institutions, is “modernizing its legacy banking system for international operations with Oracle.”. Over the coming years, Mizuho will “implement Oracle’s banking solutions to support critical functions, including...

Personetics, the global leader in financial data-driven customer engagement, released a report titled “Spotlight on North America: Banks and Credit Unions Need to Promote Customers’ Financial Well-Being.”. The report, based “on a study conducted by Forrester Consulting on behalf of Personetics, details the opportunities and challenges associated with...

In a series of Tweets yesterday, tZERO announced that it was ending its crypto services as it focuses its efforts on regulated securities. The company set a deadline of March 6, 2023, for customers to withdraw assets in an orderly manner. tZERO said that they are committed to the safeguarding of investor interests and “offering a predictable path for the issuance and secondary liquidity for unique digital and conventional assets.”

Digital bank Zopa has raised £75 million ($93m) in order “to drive its next phase of growth, supporting its vision to become Britain’s best bank.”. The deal cements and markedly “enhances Zopa bank’s Unicorn status, and was led by existing investors.”. The proceeds from the...

SEJ Services, which claims to be the most-trusted choice for janitorial and facility services throughout the Southeastern United States, has partnered with DailyPay–the provider of on-demand pay. Through this partnership, SEJ Services adds “an essential financial tool to its existing suite of employee benefits allowing employees to access their...

WooCommerce B2B stores can now easily add business buy now, pay later options within their eCommerce checkout thanks to the Kriya Payments plug-in. As our planet sets off on another orbit, it is natural for our minds “to gravitate towards a lull of self-reflection on the year passed before we feverishly go about setting future goals.”

Global Screening Services (GSS) and Silent Eight, have today announced that following a competitive selection process, Silent Eight’s flagship AI technology “will power sanctions adjudications in the GSS platform.”. By implementing Silent Eight’s machine-learning platform (Iris), GSS will “adjudicate false positives while at the same time surface potential...

Treasury Prime, an embedded banking software platform, announced it raised $40 million in Series C funding. The investment round was “led by BAM Elevate with investment from The Banc Funds Company and Invicta as well as continued participation from Series B investors Deciens, QED and SaaStr.”. With this latest...

Blockchain Intelligence Group, a key player focused on blockchain investigations and training, owned by BIGG Digital Assets, Inc. (CSE: BIGG), announces that it has achieved significant company and industry milestones “in global crypto investigations.”. It added new customers, “including enabler of real-time clearing and Embedded Banking for financial institutions...

A report published by Mobey Forum’s Digital Identity Expert Group has identified unique opportunities for banks “to leverage their position as custodians of personal data to offer value-added digital identity services and become brokers of trust in the digital economy.”. The report suggests “that for digital identity systems...

Quick and easy payouts trump all other factors for North American and U.K. online sports bettors when selecting a sportsbook, according to the latest All the ways players pay research from payments platform Paysafe (NYSE: PSFE). The report also “reveals the crucial role of the payments experience in player retention...

One of the first regulated digital banks in Hong Kong, has announced the appointment of Ronald Iu as Chief Executive Officer and Executive Director. According to the bank, Iu joined ZA International, the parent company of ZA Bank, as Chief Strategy Officer in February 2022, and later became Chief Risk Officer of ZA Bank. He has over two decades of experience in banking and finance, ranging from risk management, sales, and marketing to developing innovative Fintech products.

Mastercard (NYSE: MA), a technology firm focused on the global payments industry, has partnered with Bahrain’s fintech and payment service provider Eazy Financial Services (EazyPay) that will now be powered by Mastercard Payment Gateway Services (MPGS). MPGS is a trusted platform that “provides financial institutions with a white-label technology...

Wade Arnold, founder and CEO at Moov, notes that when it started in Fintech, it wasn’t commonly called Fintech yet. They just called it financial services back then. In that previous life, he spent a lot of time connecting “to processors, and a lot of banking cores—42 of them.” And all those hours working on integrations got him wondering, “How do you build a modern payment stack?”

In an effort to lead the industry in “trust” and “transparency” on their mission to accelerate the adoption of cryptocurrency, Kraken is pleased to release its 2022 Transparency Report. The 2022 Transparency Report “provides a summary of how they protect their clients’ privacy and financial freedom...

The following message was shared with PayPal (NASDAQ: PYPL) employees recently by President and CEO Dan Schulman. Dan noted that over the past year, PayPal made significant progress in “strengthening and reshaping their company to address the challenging macro-economic environment while continuing to invest to meet their customers’ needs.”