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Westpac has launched Project Unite to commit 30% of USD 1.17-1.3 billion to simplify tech, reducing platforms from 180 to 60 for cost efficiency and better outcomes.
banking, product upgrade, Open Banking, digitalisation, risk management
Digital ID verification provider IDVerse has announced the launch of its FraudHub solution, aiming to improve fraud detection and prevention for businesses globally.
product launch, fraud management, fraud detection, online fraud, fraud prevention, identity fraud, identity verification
Nordic Capital has announced the acquisition of the SaaS cloud-native platform Zafin in order to accelerate its business development and product roadmap.
acquisition, banking, online banking, mobile banking, digital banking, financial services, financial institutions, SaaS
Digital ID verification provider IDVerse has partnered with GeoComply to provide document identity verification for clients in the iGaming industry.
online security, fraud prevention, identity fraud, identity verification, KYC
US-based First Bank has leveraged the Backbase Engagement Banking Platform in a bid to support its digital transformation strategy.
banks, partnership, digitalisation, product upgrade, financial services
The Paypers discussed with top influencers within the financial industry to discover the trends of Open Banking and Open Finance for 2023 and 2024.
Open Banking, Open Finance, report
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
Olivia Jeavons from Accenture talks about the pain points of SMEs and how Embedded Finance can help improve them.
SME lending, fintech, banking, embedded finance, embedded payments, embedded lending, API, Accenture
Australian Payments Plus (AP+) has announced the launch of ConnectID for Australia's businesses and consumers aiming to reduce fraud and identity theft.
fraud prevention, fraud management, fraud detection, identity verification, digital identity, identity fraud
Netherlands-based Backbase has launched its Grand Central service and has invested USD 10 million to accelerate the connectivity of region-specific products.
product launch, investment, mobile banking, online banking, digital banking, financial services, financial institutions, customer experience
UAE-based NEOPAY has partnered with Alipay+ to expand its digital payments offering for merchants in the region.
partnership, mobile payments, mobile money, e-wallet, digital wallet, payment methods
ANZ Worldline Payment Solutions has partnered with Alipay+ in order to allow customers and businesses in Australia to accept payments through the latter’s services.
partnership, product launch, cross-border payments, cross-border ecommerce, digital payments, mobile payments, online payments, payments , QR payments
Wealth management app Sharesies has partnered with Māori fintech startup from New Zealand BlinkPay to introduce transformative changes in financial management for investors.
partnership, Open Banking
Engagement banking company Backbase has partnered with identity verification and fraud prevention platform FrankieOne to simplify onboarding for financial institutions in Australia and New Zealand.
partnership, digital banking, compliance, KYC, AML, digital onboarding, biometrics, financial crime
ANZ Worldline Payment Solutions has announced that it now offers Tap-to-Pay on iPhone to its customers in Australia, enabling simplified and secure contactless payment acceptance technology.
product launch, expansion, contactless payments, mobile payments, NFC
Embedded finance platform FutureBank has partnered with digital ID verification company IDVerse to augment its customer onboarding with secure digital identity verification.
digital identity, identity verification, artificial intelligence, cybercrime, regulation, fraud prevention
Financial messaging system Swift has released the results of its blockchain experiments to showcase its tokenisation potential.
tokenization, report, blockchain, digital assets
Apple has expanded the availability of its Tap to Pay on iPhone feature in the Netherlands.
expansion, mobile payments, contactless payments, NFC
Australia’s competition regulator has blocked a USD 3.2 billion buyout planned by ANZ Group of insurer Suncorp’s banking arm.
regulation, acquisition, banks, lending, insurance
New Zealand-based digital wallet Dosh has launched the Stashes offering to help Kiwis manage their money more effectively.
digital wallet, mobile banking, product launch, personal finance management