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IndustryUpdate



                                                                Japanese startups, while 38 percent come from overseas.
                                                                The selected startups cover various sectors including
          Worldline's M. Bernard                                fintech, insurtech, mobility, health, smart cities, new
                                                                materials and packaging, energy, and food and beverage.
                                                                Throughout the program, these startups will gain access
          Bourigeau passes away                                 to events and seminars for business development, includ-
                                                                ing networking, mentoring and workshops, the company
                                                                stated, adding that Plug and Play Japan is a global inno-
                                                                vation platform focused on supporting corporate partners
                                                                and fostering collaboration between startups and indus-
                                                                try leaders. The program culminates in a Demo Day for
                                                                startups to showcase their progress.
                                                                  Visa expands Fintech Fast Track program

                                                                Visa's Fintech Fast Track program now includes Visa
                                                                Direct, connecting fintechs to real-time money movement
                                                                capabilities. This enables fintechs to launch programs for
             Worldline  is  mourning  the  sudden  loss  of  its   global transfers to eligible cards, bank accounts, and wal-
             president, M. Bernard Bourigeau, at the age of     lets, Visa stated, adding that Visa Direct supports various
             79 on Dec. 14, 2023. Extending condolences to      use cases like P2P payments, business payouts and mer-
             his family, the company noted that Bourigeau       chant settlements. The program also offers personalized
             was a visionary entrepreneur, founder of a ma-     tools, including Visa Consulting & Analytics support,
             jor European digital services firm (Atos Origin)   Amazon Web Services credits, and solutions like the Mer-
             and a pioneer in payment industry consolida-       chant Search API and Visa Risk Manager. Visa also noted
             tion through Worldline. The company added          that over the past year, Visa has welcomed 42 new clients
             that Bourigeau was known for his leadership,       to Fintech Fast Track in North America.
             humanity, courage and commitment to team-
             work. The board paid tribute to his unwavering       Zally advocates for continuous user authentication
             dedication to the company's success and noted
             Georges Pauget, the company's lead indepen-        Manchester, UK-based Zally is advocating for a shift in
             dent director, will assume interim presidency,     cybersecurity, urging online businesses to prioritize con-
             following succession planning.                     tinuous authentication and behavioral biometric analysis.
                                                                Zally's solution, which will launch in 2024, will authenti-
                                                                cate users throughout their digital interactions, enhancing

                      ANNOUNCEMENTS                             security and user experience, the company stated, adding
                                                                that authentication approaches must go beyond the limi-
                                                                tations of passwords and multi-factor authentication. The
                      Incenter launches sales                   shift, the company noted, is crucial due to recent reports
                      engagement practice                       highlighting password vulnerabilities and use of shared
                                                                passwords across platforms. By reducing reliance on
        Incenter Marketing introduces its Sales Engagement      traditional passwords, Zally aims to help combat online
        practice to assist sales teams in adopting modern techno-  fraud effectively to create a safer online environment.
        logical solutions for better engagement. Led by Katrina
        Orlando, the company's vice president of sales engage-  RESEARCH
        ment, the practice aims to bridge the gap between mar-
        keting and sales, offering a personalized touch in the
        digital age. It leverages digital tools to create meaningful   NFC payments market to reach $507.1B globally
        client-customer interactions without overwhelming sales
        teams, Incenter stated, adding that services include social   The global NFC payments market, valued at $25.8 bil-
                                                                lion in 2022, is projected to reach $507.1 billion by 2032,
        media presence building, digital engagement, sales train-
        ing, event planning and marketing material strategies.  according to a new report by Allied Market Research.
                                                                Growth is driven by the increasing use of smartphones
          Plug and Play Japan picks 73 for accelerator          for fast and secure transactions, as well as the rising
                                                                adoption of contactless payments in retail stores. How-
        Plug and Play Japan chose 73 startups for its Winter/   ever, the need for NFC-compatible smartphones may
        Spring 2024 batch accelerator program, running from     hinder adoption, especially among users with older
        December 2023 to March 2024. Of these, 62 percent are   devices. Advancements in mobile payment technologies


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