CENTRAL BANKS OF INDONESIA AND SINGAPORE START TRIAL ON CROSS-BORDER QR CODE PAYMENTS | REUTERS
Indonesia’s central bank announces that it has started a trial of cross-border QR code payments with its Singaporean counterpart.
INDUSTRY-VERTICAL
MATERA ACQUIRES BRAZILIAN AI PROVIDER CINNECTA – THEPAYPERS
A news release announcing that Matera has acquired Brazil-based AI company Cinnecta, in an effort to bring AI to instant payments.
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THE “DIGITAL WALLET RACE” INTENSIFIES AS BANKS AND FINTECHS AROUND THE WORLD INVEST IN INSURANCE: CHUBB SURVEY – AUG 16, 2023
The Embedded Insurance Strategy” is a global survey of 2,000 consumers and 200 finance leaders.
OPEN BANKING, AI EXPECTED TO DRIVE CREDIT SCORING MARKET – IT-ONLINE
Juniper’s report urges use of Open Banking within alternative credit scoring enabling credit bureaus and other providers to access bank account data.
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DATAVISOR RELEASES NEW FRAUD SOLUTION TO ADDRESS REAL-TIME PAYMENTS FRAUD | BUSINESS WIRERAUD
DataVisor, the world’s leading AI-powered fraud and risk platform, announced the release of its newest solution to prevent instant payments fraud.
APPLE RESPONDS TO AUSTRALIAN GOVERNMENT’S PROPOSED REGULATIONS
This article describes how the Australian central bank may interfere as to how Apple accesses its digital wallet.
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AMAZON EXPANDS BNPL OFFERING | PAYMENTS DIVE
An article describing how Amazon is expanding buy now, pay later and the possible role of FedNow.
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FEDERAL RESERVE ANNOUNCES “NOVEL ACTIVITES SUPERVISION PROGRAM” (CRYPTO, NEO-BANKS, DLT, BANKING-AS-A-SERVICE)
A short post announcing the US Federal Reserve’s plans to supervise crypto, neo-banks, banking-as-a-service, and other emerging areas more closely.
MASTERCARD BUYS MINORITY STATE IN MTN FINTECH BUSINESS IN AFRICA
A Yahoo Finance report on Mastercard’s minority investment in MTN Group’s fintech business in Africa.
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HOW DOES REGTECH HELP FINTECH
A slide listing the benefits of regtech, software that helps with compliance, for fintechs, digital banks, and mobile wallet providers.
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