Fintech Finance

DECEMBER 23, 2024

Klarna , the AI-powered global payments network and shopping assistant has expanded their partnership with Woo , the flexible, open-source ecommerce solution built on WordPress, by making Klarna a default payment option for merchants using WooPayments. Under the expanded partnership Klarna will become a network of choice, offered as a default payment method to WooPayments merchants globally, alongside traditional card payments.

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Agreements BNPL Payment Networks Finance 89

TechCrunch Fintech

DECEMBER 24, 2024

In an era where it has become tougher to raise venture capital, many companies have turned to non-dilutive, revenue-based financing (RBF) as an alternative. As a result, plenty of startups have risen to meet that challenge, none more so than in the MENA region, which has taken to the model like a duck to water. […] 2024 TechCrunch. All rights reserved.

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Fintech News

DECEMBER 22, 2024

Cross-border payment firm XTransfer and OCBC Bank have announced a partnership to provide small and medium-sized enterprises (SMEs) with enhanced financial services for international trade. The collaboration focuses on payment processing, foreign exchange, risk management, and wealth management solutions tailored to SMEs. The partnership will leverage OCBCs regional network in markets including Singapore, Hong Kong, Malaysia, and Indonesia.

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Cross-Border Settlement Cross-Border Multi-Currency Cross-Border Payments 95

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.

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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

Payments

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.

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Payments Fraud Prevention On-Demand Service Provider 88

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.

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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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Central Bank Best Practices Risk Management Payments Institute 91

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.

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Payments Risk 88

The Payments Association

DECEMBER 19, 2024

Dialect, the payments specialist business outsource provider and Synalogik , the data aggregation and fraud prevention platform, are pleased to announce their new strategic partnership. The partnership leverages Synalogiks APP Fraud prevention solution and Dialects specialist customer remediation services to deliver a comprehensive and seamless end-to-end APP fraud prevention and customer management offering for payments firms and financial institutions.

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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.

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Zelle CFPB 88

Fintech News

DECEMBER 22, 2024

Thredd, a global payments processor, has announced the appointment of four senior executives to its leadership team. This move is part of Thredd ‘s efforts to strengthen its platform, products, and regional support for fintech firms and programme managers worldwide. Patricia Haynes joins as Senior Vice President of Platform, bringing her expertise in technology operations and risk management from roles at Zopa and LexisNexis Risk Solutions.

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Fintech Finance

DECEMBER 23, 2024

Fiserv , Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced it has entered into a definitive agreement to acquire Payfare Inc. (TSX:PAY), a provider of program management solutions with a particular focus on new economy workforces. The transaction is subject to obtaining shareholder and court approvals and other customary closing conditions and is expected to close in the first half of 2025.

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Embedded Finance Finance Value Added Service Economy 84

The Fintech Times

DECEMBER 20, 2024

Morgan Stanley is teaming up with Wise to bring faster and smoother cross-border payments to its corporate clients, making it the first investment bank to integrate Wises global payments platform. The global financial services firm will offer clients high-speed cross-border settlements through Wise Platform, Wises global payments infrastructure for banks.

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Cross-Border Payments Cross-Border Cross-Border Settlement Settlement 59

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

Best Practices

Payments Dive

DECEMBER 19, 2024

The card network attributed the spike in fraud partly to criminals adopting artificial intelligence to execute their schemes.

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Fintech News

DECEMBER 22, 2024

Visa has finalised its acquisition of Featurespace, a company specialising in real-time artificial intelligence technology for payment protection. The acquisition is expected to bolster Visa s fraud protection capabilities and enhance security for its customers worldwide. Featurespaces advanced fraud detection and risk-scoring capabilities will be integrated into Visas existing portfolio of fraud prevention solutions.

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Fraud Detection AI Fraud Prevention Value Added Service 83

Fintech Finance

DECEMBER 19, 2024

Visa (NYSE: V) today announced it has completed its acquisition of Featurespace , a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. This will bolster Visas fraud protection capabilities and enhance security for its customers and consumers worldwide.

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Fraud Prevention Financial Crimes Value Added Service AI 81

Finextra

DECEMBER 23, 2024

The European Payments Council has issued a request for proposal (RFP) for an API Test Toolbox for the Verification of Payee scheme.

RFP 64

RFP Payee Verification API 64

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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.

Payments

The Fintech Times

DECEMBER 20, 2024

Swiss-based fintech Taurus has expanded its collaboration with core banking vendor Temenos to help banks quickly deploy full-scale digital asset services. This partnership marks the first integration of Taurus’ Taurus-PROTECT custody solution into the Temenos Core banking platform, enabling banks to manage digital assets directly within their core banking systems.

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Cryptocurrency Digital Currency On-Demand Blockchain 64

Payments Dive

DECEMBER 19, 2024

The federal agency says credit card issuers are charging cash advances fees of at least $10 on gambling transactions, even if those transactions are small.

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CFPB Card Issuer Issuers Credit Cards 78

Clearly Payments

DECEMBER 19, 2024

It’s the end of 2024 and the payments industry isnt just evolving its undergoing a seismic shift thats changing how the world does business. From crazy numbers to transformative technologies, the stats behind todays payment trends are more than just impressive; theyre a roadmap to the future. Whether its the meteoric rise of mobile wallets or the staggering costs of abandoned carts, these insights reveal opportunities that can redefine your strategy.

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BNPL Contactless Payments Processors Payments 59

Fintech Finance

DECEMBER 20, 2024

bank , Turkeys largest private bank and one of the countrys widest payment network, has made a new development on its 100th anniversary by expanding its partnership with Alipay+ to enhance the travel experience for international visitors to Turkey. bank will soon accept payments via Alipay+, Ant International’s cross-border mobile payments and digitalization technology solutions, at over 500,000 POS terminals across Turkey, including Unifree Duty Free at Istanbul Airport.

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Cross-Border Mobile Payments SARS eWallet 78

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.

Transactions

Finextra

DECEMBER 23, 2024

Fiserv is boosting its embedded finance capabilities with the acquisition of Payfare, a provider of workforce payments for gig economy companies.

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The Fintech Times

DECEMBER 19, 2024

We sit down with Samuel Flynn , co-founder and CEO at Hands In , a split payments platform enabling users to split payments across multiple cards and people, to explore how the company has fared in the last 18 months and its plans for the future. With 2024 coming to a close, it’s an ideal time to reflect on how the fintech industry has fared, as well as a short period to take a breath and look to the future.

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Push-to-Card PayPal Payments Credit Limit 59

Payments Dive

DECEMBER 19, 2024

The digital payments company’s CFO will become a director at the firm as it seeks to build out generative AI-enabled tools.

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AI Digital Payments Payments 78

Finovate

DECEMBER 19, 2024

One of the latest developments in the payments space, Refunds-as-a-Service, promises to bring innovation to an area of customer experience – refunds – in which more than a trillion dollars of value are exchanged every year. In today’s Streamly interview , Jeremy Balkin, Founder and CEO of TodayPay , talks with me about his path from a Managing Director at J.P.

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Alternative Payment Methods Issuers Payment Networks Innovation 59

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

Fintech Finance

DECEMBER 23, 2024

Varo Bank , the first all-digital nationally chartered bank in the U.S., has announced a collaboration with Green Dot Corporation (NYSE: GDOT) and CVS Health (NYSE: CVS) to enable deposits for no fee for millions of Varo Bank customers at over 7,500 participating CVS Pharmacy locations nationwide.1 Utilizing Green Dot’s embedded finance platform (Arc) and expansive money movement network, the “Green Dot Network,” Varo customers can now deposit cash at participating CVS Pharmacy

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Finextra

DECEMBER 19, 2024

Fraud is evolving at an alarming pace, leaving UK consumers vulnerable in a digitally interconnected.

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Consumer 64

The Fintech Times

DECEMBER 24, 2024

Founded in Edinburgh in 2018, BR-DGE is a payment orchestration provider on a mission for hyper-growth. The company enables enterprise merchants, financial institutions, platforms and payment providers access payment tools and products via a single integration. In this week’s In Profile, we chat with Thomas Gillan , CEO of BR-DGE, to explore the company’s approach to simplifying payment processes for large-scale merchants and to discuss the advancing role of payment orchestration tec

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Payment APIs and Integration On-Demand Acquirers Value Added Service 59