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SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm

PYMNTS

Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. Freire added that Argentina, Brazil, Chile, Colombia and Mexico “are in the spotlight,” and there’s no “preset amount by nation.”.

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Cambodia, Singapore In X-Border FinTech Pact

PYMNTS

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation.

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Uber Creates Uber Money Team In India With FinTech Focus

PYMNTS

In a move that bolsters its financial technology presence in India, Uber has put an Uber Money team into place in Hyderabad. Uber Money in India would be reportedly based on Unified Payments Interface (UPI), the real-time payment system of the National Payments Corp. of India (NPCI).

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Regulatory convergence provides opportunity for fintech

Bobsguide

National and regional interests have helped to determine the shape of financial regulations in recent years, but politicians and regulators have acknowledged the need to consider the global nature of markets when constructing them. It could be good news for financial technology providers.

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Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv

PYMNTS

The purchase is said to be in line with Sea’s aim to expand its position as a FinTech trailblazer throughout the region. As it stands, PSCU works with CUs throughout the nation and helps with more than 5.4 Shares were reportedly bought from current investors PT Koin Investama Nusantara Ltd. and PT Danadipa Artha Indonesia.

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Canadian Credit Unions Introduce Interac Debit On Google Pay

PYMNTS

CCUA was the first national, CU-governed organization in Canada. The trade association represents regional credit union organizations and caisses populaires (outside of Quebec) and advocates for a successful, competitive and growing CU industry.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

After partnering with Paramount Financial Technologies and interviewing hundreds of banks about their cash management platforms, we have compiled data to help banks benchmark their positioning in order to derive a roadmap for improvement. Want More Information About Cash Management?