Category: Fintech

[ad_1] Macquarie Investment Management Business Trust (MIMBT), a registered investment advisor of Macquarie Asset Management, is to pay $79.8 million in a settlement with the US Securities and Exchange Commission (SEC) in connection with overvaluing assets and engaging in unlawful cross trades. Editorial This content has been selected, created and edited by the Finextra editorial…

[ad_1] Taking a payment mechanism that’s been around for centuries and bringing it fully into the digital age requires work. But as Ralph Koker, global head of product at TerraPay, told PYMNTS for the “What’s Next in Payments: How Do You Do Digital?” series, the movement to displace cash has momentum, even if there are…

[ad_1] The Markets in Crypto Assets Regulation (MiCA) came into play in June 2023, requiring firms issuing and trading crypto-assets to follow new, stricture rules covering transparency, disclosure, authorisation and supervision of transactions. Among MiCA’s many requirements, new sustainability indicator rules have flown under the radar for many crypto-asset service providers (CASPs), prompting B2B digital…

[ad_1] MoneyGram Teams Up with dLocal to Revolutionize Cross-Border Payments in Emerging Markets  Fintech Alliance [ad_2] Source link

[ad_1] Klarna has added a chat-based shopping experience to its artificial intelligence (AI) assistant designed to help consumers shop. The company has also added more features to the AI assistant, which is powered by OpenAI, Klarna said in a Thursday (Sept. 19) press release. “For decades, the tech industry assumed that the online shopping experience…

[ad_1] The Thai banking sector could have a new key player in the first half of 2025 as Lighthub Asset, a Thai fintech and WeLab, a pan-Asian fintech platform submit an application for a virtual banking licence with the Bank of Thailand. Lighthub Asset and WeLab’s venture (the consortium) will improve financial inclusion in Thailand.…

[ad_1] Amazon now offers the independent sellers using Fulfillment by Amazon (FBA) in the United States a new option for managing product returns: Grade and Resell. This optional program, which was previously available only to retail brands, provides a resell channel that helps sellers recover value on returned inventory and gives customers a greater selection…

[ad_1] Deutsche Bank is to shutter a “mid-double-digit number” of branches while investing in telephone and video channels for providing personal advisory services to customers. Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The bank says it is responding to…

[ad_1] Walmart is teaming up with Fiserv to let online shoppers pay directly, and instantly, from their bank accounts. Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. According to Bloomberg, the retail giant is tapping into Fiserv’s NOW Network, which…

[ad_1] Singapore’s dtcpay is teaming up with Visa on a card that enables ultra high net worth individuals to convert their digital currencies such as stablecoins into fiat at real-time rates. Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Dtcpay…