Trending Articles

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FedNow boosts send option to $1M

Payments Dive

Starting this summer, the Federal Reserve’s real-time payments system will let banks send payments up to $1 million, twice the amount of the existing limit.

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YouTrip Enables International Transfers to Over 40 Countries

Fintech News

YouTrip, a Singapore-based multi-currency digital wallet, has launched a new service enabling users to send money internationally. The feature allows transfers in local currencies to more than 40 countries via bank transfers and instant payment methods like DuitNow, GCash, and UPI in select countries. YouTrip emphasises that users will benefit from competitive foreign exchange rates and transparent fees.

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PayPal partners Verifone for in-person payments push

Finextra

PayPal is bidding to boost its in-person payments presence through a global partnership with Verifone.

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Flutterwave 2024 report highlights record growth, expansion, and innovation

The Payments Association

Founded in 2016, Flutterwave has become a leader in African enterprise payments, processing over 890 million transactions valued at $34 billion to date. The companys 2024 report highlights the companys strides in broadening its global presence, advancing its technological capabilities, and delivering exceptional value to multinationals expanding into or across Africa.

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Future-Proofing Enterprise Commerce: Why Extensibility Wins with Shopify

Speaker: Benjamin Woll and Tiffany Spizzo

Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.

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Nexi and Klarna Partner to Boost Merchant Growth

Fintech Finance

Nexi, the European PayTech, serving millions of merchants in more than 25 countries, and Klarna, the AI-powered payments and commerce network, have expanded their relationship into a global partnership. Nexi will enable its merchant customers across Europe to seamlessly offer Klarna’s payment method to their shoppers. Klarna will be automatically enabled as a default option in the Nexi check-out offering, allowing merchants to drive incremental revenue growth thanks to the added-value and

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Durbin to reintroduce credit card competition bill

Payments Dive

The senate minority whip from Illinois plans to reintroduce the Credit Card Competition Act proposal in a bid to increase competition for Visa and Mastercard.

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Citizens on pace for 100% cloud migration by Q3

Bank Automation

Citizens Bank aims to complete cloud migration by the third quarter as part of its effort to accelerate digitalization and product development. The $217.5 billion Citizens began cloud migration in 2019, Ajay Punia, head of fraud risk and transmissions engineering, told Bank Automation News, adding that more than 80% [of the banks apps] are already […] The post Citizens on pace for 100% cloud migration by Q3 appeared first on Bank Automation News.

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American Express partners with Alipay for digital payment system in China

The Paypers

American Express has announced its partnership with Alipay in order to enable payments at multiple merchants across the region of mainland China.

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MeaWallet Partners with Backbase to Deliver Advanced Tokenization Solutions in Australia and New Zealand

Fintech Finance

MeaWallet , a leader in tokenization and digital payment solutions, announces its partnership with Backbase , the creator of the Engagement Banking Platform. This collaboration aims to deliver innovative tokenization solutions to issuers and fintechs across the Australian and New Zealand markets. The partnership will feature two groundbreaking solutions: Mea Push Provisioning and Mea Card Data.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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Taktile helps fintechs build automated decision-making workflows

TechCrunch Fintech

The automated logic behind many financial decisions for example, decisions that determine whether a client is approved for a credit line is hard-coded. Often, it’s not easily changed. If a head of credit at a bank wanted to adjust the bank’s lending criteria, for example, they’d likely have to raise a ticket with […] 2024 TechCrunch.

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Flywire cuts 10% of workforce, undertakes strategic review

Payments Dive

The payments software company is paring its workforce after a drop in demand in its education vertical. It's also undertaking a comprehensive review of operations.

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Revolut: Women Investors Outperform Men by 4% in 2024 as Investment Gap Closes

The Fintech Times

Women’s investments outperformed men’s by four per cent in 2024, according to Revolut data from its trading customers. New data from Revolut hints towards the beginning of a power shift as women investors saw significantly better returns than men in 2024. While trends like ‘girl math’ started as a bit of lighthearted fun, there is a clear argument that they perpetuate negative stereotypes about young women’s spending and saving habits, as well as about their financi

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Network International appointed as Payment Processing Partner by MTN Group Fintech

Fintech Finance

Network International (Network) ( www.Network.ae ), a leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as a Payment Processor – Issuing partner for MTN Group Fintech, Africa’s leading mobile financial services provider. This partnership marks a significant extension of Network’s portfolio of issuer processing collaborations throughout the African continent.

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15 Modern Use Cases for Enterprise Business Intelligence

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?

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Alkami is buying fintech Mantl for $400 million

TechCrunch Fintech

Digital banking services provider Alkami Technology is acquiring Mantl, which has been described as the Shopify of account opening, for $400 million. Mantl, founded in 2016 by Nathaniel Harley and Benjamin Conant, developed software to make it easier for people to open accounts digitally at community banks and credit unions. The end goal is that […] 2024 TechCrunch.

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NCR Voyix links with Worldpay, reports revenue drop

Payments Dive

The e-commerce payments company narrowed its losses last year, even as revenue declined. Now, it’s wooing restaurants and retailers through the new tie.

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Grab Exec Worachat Luxkanalode Appointed as 2C2P’s New CEO

Fintech News

Ant International has appointed fintech executive Worachat Luxkanalode as the new CEO of Southeast Asian payments company 2C2P, with his tenure set to begin in April 2025, pending regulatory approval. He takes over from founder and current CEO Aung Kyaw Moe, who is stepping down after 22 years to pursue personal projects. Worachat, currently the Managing Director of Grab Thailand, brings extensive experience in financial services and digital banking.

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DBS CEO sees job cuts of 4,000 temp staff as AI replaces roles

Bank Automation

DBS Group Holdings Ltd. plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out by human beings. Southeast Asias largest lender has approximately 8,000 to 9,000 of such staff, according to Chief Executive Officer Piyush Gupta, replying to a […] The post DBS CEO sees job cuts of 4,000 temp staff as AI replaces roles appeared first on Bank Automation News.

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Top Strategies to Future-Proof & Sustain Your Merchant Services Portfolio

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.

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PPRO Announces Its Partnership With EPI to Enable Unified Payments for European Consumers Through Wero

Fintech Finance

PPRO , the leading local payments platform, has partnered with European Payments Initiative (EPI) to secure Principal Membership of Europes newest payment method, Wero. Through its Membership, PPRO will provide its customers with the most comprehensive route to access Wero via sponsored associate membership, payment facilitator access, or as a technical gateway.

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Ramp, a 6-year-old fintech startup, has more than doubled its annualized revenue to $700M

TechCrunch Fintech

Fintech startup Ramp has crossed $700 million in annualized revenue as of January of this year, according to a source familiar with the companys internal operations. The company had crossed $100 million in annualized revenue before its third birthday in March 2022, passed $300 million by August 2023, and now effectively more than doubled that […] 2024 TechCrunch.

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Marqeta replaces CEO, makes acquisition

Payments Dive

The embedded payments and digital card company agreed to buy European electronic payments provider TransactPay for about $47 million and swapped out its CEO for a Visa alum.

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Central bank says Revolut needs licence to do business in Ukraine

Finextra

Ukraine's central bank says that Revolut does not have a licence to operate in the country despite the London-based fintech's announcement earlier this month that residents can now open accounts.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

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.

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FAQ Clarifies New SAQ A Eligibility Criteria for E-Commerce Merchants

PCI Security Standards

The PCI Security Standards Council (PCI SSC) is pleased to announce the release of a Frequently Asked Question (FAQ), developed in direct response to industry requests for greater clarity on the new eligibility criteria for the recently revised Self-Assessment Questionnaire (SAQ) A. This update reflects our commitment to supporting the e-commerce community by providing clear, actionable guidance to help businesses meet new requirements under PCI DSS v4.0.1, which take effect on 1 April 2025.

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Ecommpay Charity Auction Raises Over €7,000 for Street Child

Fintech Finance

Ecommpay , the truly inclusive global payments platform, recently held a charity auction like no other. Employees from the UK, Latvia, Kazakhstan and Cyprus offices came together to raise funds for Street Child, a charity dedicated to working with local organisations around the world to ensure every child has access to an education. Employee bids raised more than €2400 which was then trebled by the company to give Street Child €7395.

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Optimus poised for growth in the payments sector

The Payments Association

Optimus, a leading regulated technology company specialising in payment solutions, is set for significant growth in 2025. With a revamped commercial strategy and an unwavering commitment to customer-centric solutions, Optimus is primed to solidify its position as a key player in the payments industry. The company’s planned expansion into the European market later this year will mark a significant milestone in its growth trajectory.

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Gen Z uses BNPL more than credit cards, survey shows

Payments Dive

A J.D. Power survey of about 4,300 U.S. consumers found that more of them used buy now, pay later products than credit cards during the holiday shopping season last year.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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UK Government mulls abolishment of Payment Systems Regulator

Finextra

The UK Government is considering scrapping the Payments Systems Regulator and folding it into the Financial Conduct Authority.

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As Credit Card Concerns Rise, Banks Look to ‘Sweeten the Pot’ for Debit Card Users

Payments Next

By Shawn Conahan, CRO, Wildfire Systems The direction of interest rates in 2025 remains uncertain, but one trend is becoming increasingly clear: The post As Credit Card Concerns Rise, Banks Look to Sweeten the Pot for Debit Card Users first appeared on Payments NEXT.

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dtcpay Powers Stablecoin Payments at Metro Departmental Store

Fintech Finance

dtcpay , a leading stablecoin payments solution in Singapore, is thrilled to announce a groundbreaking partnership with Metro, one of Singapores most iconic and trusted department stores. This collaboration marks a bold step into the future of retail, empowering Metro customers to shop seamlessly using stablecoins. As the retail landscape continues to evolve, Metro is pioneering the integration of cutting-edge payment technology, ensuring it remains at the forefront of innovation.