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The Hong Kong government has assigned USD 25.6 billion and has made significant investments to establish Hong Kong as a fintech hub through innovation and technology.
fintech, investment, artificial intelligence, blockchain, digitalisation
ThetaRay has partnered with Knox Wire in order to implement its AI-based AML transaction monitoring and sanction screening for the latter’s communication system.
partnership, fraud management, fraud detection, fraud prevention, AML, artificial intelligence, online fraud
The Paypers has researched and analysed the most prolific partnerships that defined and built resilience within the payments & commerce and banking & fintech sectors in Q3 2023, from payments infrastructure, BNPL, the proliferation of Tap-to-Pay, the surge of Open Banking tech, and overall digitalisation attempts for banking and financial services.
payments , paytech, partnership, The Paypers Quarterly Analysis series, ecommerce, fintech
Global payments network Neema has partnered with ThetaRay in order to optimise AML transaction monitoring and sanction screening with AI-powered technologies.
partnership, AML, transaction monitoring, financial sanctions, transaction laundering, artificial intelligence, fraud management, fraud prevention, fraud detection, online fraud
Singapore-based digital asset solutions provider Cobo has partnered with Alibaba Cloud to offer enterprise-grade wallet infrastructure to Web3 organisations.
digital assets, web3, partnership, digital wallet
Saudi Central Bank has announced the plan to issue a new regulatory framework for Open Banking in Q4 2023, for the payment origination services.
product launch, mobile banking, online banking, digital banking, banking, Open Banking, Open Finance
The World Bank has partnered with the Inter-American Development Bank to offer customers in Latin America and the Caribbean new opportunities and boots development.
partnership, mobile banking, online banking, digital banking, financial services, financial institutions, banking
Italy-based banking group Sella has launched the second edition of the Metaverse 4 Finance acceleration programme in partnership with dpixel.
partnership, metaverse, Web 3.0, fintech
Financial services technology company FIS has completed testing and certification for the FedNow Service, the Federal Reserve’s instant payment service.
payments , banking, fintech, paytech, instant payments, FedNow, certification, financial services, financial institutions, B2B payments, payment methods, cloud, ecommerce, ISO 20022
Italy-based Sella group venture incubator dpixel has selected four startups for the Metaverse 4 Finance incubation programme.
metaverse, web3, investment, startup
Australia-based fintech Douugh has launched the Pay Now or Pay Later Stockback rewards Mastercard to enable Aussies to better control their money.
merchants, BNPL, MasterCard, loyalty programme, cashback
Italy-based banking group Sella has launched the Artificial Intelligence Business Incubator aimed at companies with projects based on AI-powered financial services.
artificial intelligence, fintech, startup, banking, machine learning
Digital technology company Alibaba Cloud has announced its plans to further strengthen its ecosystem of global partners by launching a new series of initiatives.
product launch, mobile payments, payments , online payments, online banking, mobile banking, cloud banking, cloud, cloud services, artificial intelligence, web3
US-based retailer Starbucks has started to test Amazone One, Amazon’s biometric payment system.
Amazon, retail, biometrics, payment methods
Bahrain-based fintech Infinios has teamed with Mastercard to expedite the digitisation of B2B travel payments between buyers and suppliers with the launch of a wholesale programme.
partnership, product launch, payments , B2B payments, travel payments, payment processing, virtual card, transactions , digitalisation, payment methods, digital payments, fintech, liquidity
Japan-based companies such as Fujitsu and Mitsubishi have announced a partnership aimed at supporting Japan’s Web3 strategy.
web3, metaverse, partnership, NFT
Creative transformation company WPP has partnered with financial infrastructure platform for businesses Stripe to expand commerce and payments solutions for brands.
partnership, payments , social commerce, ecommerce, digitalisation, payments infrastructure, ecommerce platform, digital payments, online shopping, fintech, marketplace
The Paypers tackled the M&As from Q4 2022, focusing on the trends in the payments and fintech industry to identify the key elements that draw businesses towards the acquired companies.
merger, acquisition, fintech, payments , digital banking, fraud prevention, digital payments, cryptocurrency, online payments, blockchain, The Paypers Quarterly Analysis series
Hybrid data company Cloudera has partnered Buy Now, Pay Later (BNPL) provider Afterpay to enable the latter to reduce fraud risk and manage data at scale.
partnership, risk management, fraud detection, fraud management, data analytics, data protection, machine learning, BNPL, financial data, transactions
Japan-based multinational IT company Fujitsu has launched a new platform aimed at supporting Web3 developers globally.
web3, online platform, product launch, blockchain, API