Fintech News
DECEMBER 17, 2024
Visa announced that its fraud prevention system blocked nearly 85% more suspected fraudulent transactions globally this Cyber Monday compared to the same day last year. This year, suspected fraudulent activity surged by 200% worldwide over the holiday weekend, with fraudsters increasingly turning to advanced AI tools to target both physical and digital transactions.
Payments Dive
DECEMBER 16, 2024
The credit card company is sticking with a strategy to concentrate marketing on the millennial and Gen Z generations shaping shopping trends.
The Payments Association
DECEMBER 16, 2024
At Skipify , our vision is simple: provide shoppers the ultimate choice and flexibility at checkout. Whether paying with a credit or debit card, splitting payments across cards, or using alternative financing options, we believe in empowering consumers at the moment of purchase with every payment method possible. Powered by Skipifys Commerce Identity Cloud, merchants can now offer a wide range of payment options seamlessly without any upheavals to their existing checkout experience.
Fintech Finance
DECEMBER 17, 2024
Kuady , a payments service processor for Latin America, has today announced a new partnership with global sports betting and gaming provider MeridianBet. The integration will enable MeridianBet users in Latam to access Kuadys full suite of payment features, offering real-time deposits and withdrawals to enhance the betting experience. The MeridianBet partnership signals a strategic step towards delivering a faster and more seamless customer experience in Latam.
Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting
Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical
Finextra
DECEMBER 17, 2024
Open banking data vendor Neonomics has filed a complaint with the Norwegian Competition Authority alleging anti-competitive practices in the payments market by the country's banking sector.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Payments Dive
DECEMBER 17, 2024
As the card network giant enforces its surcharge rules, merchants react to different experiences in the market and adjust.
The Payments Association
DECEMBER 18, 2024
Payment technology and innovation are accelerating across the fintech industry, with more companies recognising the importance of adapting to changing customer needs, with non-cash transactions projected to hit 2.3 trillion transactions by 2027. Undoubtedly, fintech and payments will continue to serve as pivotal forces shaping the financial landscape, but what trends will define the market next year?
PCI Security Standards
DECEMBER 19, 2024
From 19 December to 29 January, eligible PCI SSC stakeholders are invited to review and provide feedback on the draft Secure Software Lifecycle (Secure SLC) Standard v2.0 during a 40-day request for comments (RFC) period.
Fintech Finance
DECEMBER 20, 2024
The Administrative Council for Economic Defense (CADE) and the Central Bank of Brazil (BCB) have officially approved the acquisition of Transfeera , a fintech specialised in payment solutions for businesses, by PayRetailers , a leading payments processor in Latin America and Africa. The transaction is part of PayRetailers’ strategy to expand its presence in Brazil, following the acquisition of a payment institution license from the BCB in April.
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Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?
Fintech News
DECEMBER 19, 2024
During a recent trip to China, Yuno Co-founder and CEO Juan Pablo Ortega ordered his go-to Starbucks drink a Venti Cold Brew and reached for his credit card. This routine transaction turned into an awkward exchange, when he was met with surpriseand even a hint of annoyancefrom the cashier. The reason? Credit cards are practically a relic of the past in China, with QR code payments via AliPay and WeChat Pay now already accounting for a collective 92% share in Chinas massive payments market.
Payments Dive
DECEMBER 18, 2024
The federal agency warned companies issuing credit cards about illegal tactics, specifically calling out promotions that turn into “bait-and-switch” offers.
The Payments Association
DECEMBER 19, 2024
Trust Payments CEO Laurence Booth emphasises the need for payment service providers to move beyond transaction processing, leveraging digitisation and personalisation to deliver seamless, data-driven experiences in an evolving consumer and regulatory landscape. The payments industry is at a turning point. Consumer expectations are evolving rapidly, and merchants are racing to keep up.
Basis Theory
DECEMBER 19, 2024
A programmable payments vault improves acceptance rates with lower fees and reduced risk. You cant afford not to know more.
Speaker: Jennifer Wright and Nick Barron
2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt
Fintech Finance
DECEMBER 17, 2024
Bitso Business the B2B arm of Bitso that provides the infrastructure for the future of cross-border payments releases its 2024 results. The company nearly doubled its business, by serving diverse industries such as e-commerce, OTC/trading, gaming and money transmitters, offering seamless and regulated integration with local banking systems and trading options for companies that move massive volumes of money and need high liquidity and fast settlement times; as well as for businesses that aggre
Fintech News
DECEMBER 16, 2024
Money20/20 Asia has unveiled its initial lineup of over 130 speakers for its upcoming event in Bangkok, Thailand, scheduled to take place on 22-24 April 2025, at the Queen Sirikit National Convention Center. The speakers represent over 25 countries, highlighting the event’s international scope. The event is expected to bring together leading regulators, fintech executives, banks, and industry disruptors from across the Asia-Pacific region to discuss trends and innovations shaping the finan
Payments Dive
DECEMBER 20, 2024
Buy now, pay later users in the U.S. tended to be returning customers under 35 years-old, according to a new analysis from LexisNexis Risk Solutions.
The Payments Association
DECEMBER 17, 2024
Ripple, the leading provider of digital asset infrastructure for financial institutions, announced that Ripple USD (RLUSD) will be available on global exchanges starting December 17, 2024. RLUSD is an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripples years of experience working with crypto and the existing financial system.
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Build a sustainable merchant services portfolio with practical strategies to ensure long-term success. Diversify across industries to spread risk and stabilize income, balancing high-risk and low-risk clients for a robust mix. Combine large and small merchants to create a resilient payment portfolio, leveraging each type's strengths. Foster long-term relationships through exceptional service and personalized support.
Basis Theory
DECEMBER 17, 2024
The personal account number, or PAN, can do more - understand push provisioning and account updaters to boost revenue.
Fintech Finance
DECEMBER 17, 2024
Tietoevry Banking today announced the integration of Visa B2B Connect, a Visa Direct offering, into its Tietoevry Payment Hub. This move will enable Tietoevry Bankings client financial institutions to offer corporate customers Visa B2B Connect payments, delivering faster, more cost-effective and transparent payment options when transacting across borders.
Fintech News
DECEMBER 16, 2024
Ripple, a provider of enterprise blockchain and crypto solutions, has launched its stablecoin, Ripple USD (RLUSD) , on global exchanges today. RLUSD is fully backed by US dollar deposits, government bonds, and cash equivalents, aiming to ensure stability and reliability. The stablecoin is initially available on several exchanges, including Uphold, Bitso, MoonPay, Archax, CoinMENA, with plans to expand to others like Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, and Zero Hash in the co
Payments Dive
DECEMBER 20, 2024
The federal agency sued the operator of the pay-by-bank service as well as three bank owners, alleging they let fraud "fester" on the digital system.
Speaker: David Nisbet, Everett Zufelt, and Michaela Weber
Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.
The Payments Association
DECEMBER 16, 2024
International businesses face significant challenges when managing payments across borders. In addition to navigating multi-country operations and handling diverse currencies for payments and receipts, they must also address foreign exchange (FX) riskor exchange rate risk. This article explores FX risks in international payments and outlines strategies to minimise them, ensuring efficient and cost-effective operations.
Finovate
DECEMBER 18, 2024
Blockchain data platform Chainalysis has acquired web3 security solutions provider Hexagate. Terms of the deal were not disclosed. The acquisition aligns with Chainalysis’ mission to build trust in blockchain ecosystems by integrating Hexagate’s machine learning-based threat detection and prevention technology, benefiting chains, protocols, and exchanges.
Fintech Finance
DECEMBER 17, 2024
In a landscape where speed and security are essential for consumers, PayU sets a milestone by becoming the first payment gateway in Colombia to integrate Google Pay (GPay). This integration provides users with an unprecedented payment experience, allowing faster and safer transactions while redefining how Colombians shop. In a country where mobile payment growth is projected at 22% annually, adopting solutions like Google Pay is essential to meet market demand.
Fintech News
DECEMBER 18, 2024
Osome, a fintech platform for businesses, has reported a 25% year-over-year increase in revenue, alongside a 60% improvement in annualised EBITDA, demonstrating increased profitability. The company credits its growth to improved spending efficiency, streamlined processes, and enhanced customer service, reflected inthe tripling of its Net Promoter Score.
Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms
In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.
Payments Dive
DECEMBER 19, 2024
The card network attributed the spike in fraud partly to criminals adopting artificial intelligence to execute their schemes.
The Payments Association
DECEMBER 18, 2024
We are pleased to launch our globalLegal Outlook 2025, which explores key legal and regulatory developments we expect to see in tech, fintech and payments over the coming year. Fintech & Payments Legal Outlook This publication focuses on global opportunities and risks in finance innovation, including digital market infrastructure, tokenization, cryptoassets, new forms of digital money, instant payments, and open banking.
Finextra
DECEMBER 16, 2024
The UK's Financial Conduct Authority has set out its latest steps to improve the integrity of the UK's crypto market.
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