Trending Articles

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Payments players mull new approaches to fraud

Payments Dive

Google, Nacha, Early Warning Services and Truist are among the companies seeking to better protect the e-commerce ecosystem from push-payment scams.

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StanChart to Support StraitsX Stablecoin Reserves

Fintech News

StraitsX, a Singapore-licensed stablecoin issuer and digital payment infrastructure provider, has partnered with Standard Chartered to strengthen the reserve management of its U.S. Dollar (XUSD) and Singapore Dollar (XSGD) stablecoins. Standard Chartered will provide cash management and custody services for the reserve assets backing the stablecoins, acting as one of StraitsX s banking partners.

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Discover flags potential Cap One merger delay

Payments Dive

Discover Financial Services said it now expects the transaction to be completed by May 19, three months later than initially expected as the companies await regulatory approvals.

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RPA & AI in the financial sector: key functions, technologies, future decade trends

Fintech Weekly

Explore how RPA & AI are transforming the financial sectorboosting efficiency, compliance, and risk management. Learn key technologies, trends, and future insights.

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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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How Community Banks and Credit Unions Can Strengthen Their Cybersecurity Strategies in 2025

Finextra

2024 was rough; why should 2025 be any different? This question lingers among community banks and cr.

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Singapore Reports S$1.2 Million in Losses from Phishing Scams Targeting Mobile Wallets

Fintech News

Singapore authorities and banks are ramping up efforts to tackle a growing scam where fraudsters steal card details through phishing and trick victims into providing an OTP. This allows scammers to fraudulently provision stolen card credentials onto their mobile wallets for unauthorised contactless transactions. The Singapore Police Force (SPF) , Cyber Security Agency of Singapore (CSA), and Monetary Authority of Singapore (MAS) reported at least 656 cases of phished card credentials being added

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Going on a Joint Venture: SCBHK, Animoca Brands and HKT Go on a Stablecoin Journey in Hong Kong

The Fintech Times

Stablecoins have a huge impact on the financial market as we know it, but more can still be done. Looking to take stablecoin usage to the next level in Hong Kong, Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands , and HKT have announced a joint venture (JV) to issue a Hong Kong dollar-backed stablecoin. The process won’t be as simple as just launching a stablecoin though.

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Checkout.com Powers Vinted’s Growth, Advancing the Second-Hand Industry Through High-Performance Payments

Fintech Finance

Checkout.com , a leading global digital payments company, announces its partnership with Vinted , Europes leading online marketplace for second-hand fashion. With millions of members across 20+ countries, Vinted is revolutionizing the second-hand fashion industry by empowering individuals to buy and sell pre-loved items with ease through its digital platform.

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HSBC to make investment banking job cuts starting in Asia - Bloomberg

Finextra

HSBC Holdings Plc is set to initiate a new round of job cuts in its investment banking division, marking a continued restructuring to streamline operations and reduce costs under CEO Georges Elhedery.

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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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Wise to close Tampa office, cut 300 employees

Payments Dive

The fintech will shutter its Florida location in November, with layoffs starting in April. Wise will consolidate Americas teams in Austin, New York and São Paulo.

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Cross-border payments and UPI revolution in India

The Payments Association

UPI is revolutionising cross-border payments, expanding Indias digital payment influence through global integration, regulatory reforms, and strategic partnerships. The introduction of the unified payments interface (UPI) in 2016 marked a transformative shift in India’s digital payments landscape. Designed for speed, interoperability, and user-friendliness, UPI has become the backbone of India’s payment ecosystem.

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Banks are investing in AI, but are customers ready for change?

Payments Next

By Scott Draeger, SVP, Product Marketing & Vertical Solutions, Smart Communications The potential of AI in banking is undeniable, with projections showing The post Banks are investing in AI, but are customers ready for change? first appeared on Payments NEXT.

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Fabrick Partners with Token.io to Expand Pay by Bank to UK

Fintech Finance

Account-to-account (A2A) payment infrastructure provider, Token.io , today announces a new partnership with payment orchestrator, Fabrick , to expand the benefits and adoption of A2A payments. Fabricks B2B and B2C customers will now be able to accept and offer open banking-enabled A2A payments (also called Pay by Bank) to nearly anyone with a bank account in the United Kingdom, where 950,000 Britons tried Pay by Bank for the first time in December. [1] Token.io’s industry-leading open bank

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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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Citi Flex Pay comes to Apple Pay

Finextra

Citi is bringing buy now, pay later to Apple Pay, enabling card holders to split purchases into fixed monthly payments.

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FIS acquires Demica, Dragonfly

Payments Dive

Fidelity National Information Services has been buying up businesses as it seeks to expand, especially in providing services to chief financial officers and in the digital arena.

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Open banking: The e-commerce puzzle

The Payments Association

Open banking has potential in e-commerce, but its success depends on finding the right fithigher-value transactions and strategic incentives could unlock its true impact. Open banking has certainly made some noise in recent years, especially in the UK, where it hit a milestone of 11.3 million users by mid-2024a figure that’s doubled since 2022, according to Open Banking Ltd.

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January 2025 Changelog

Basis Theory

Improved Platform Performance In January, we launched new Search and List endpoints that provide a 10x performance gain over our existing v1 endpoints. These new endpoints have improved creating card token performance by 3x.

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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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Zelle® Shatters Records with $1 Trillion Sent in a Single Year

Fintech Finance

Zelle has announced that in 2024 the network reached 151 million enrolled users and helped American consumers and small businesses send over $1 trillionthe most money ever sent by a person-to-person payments service in a single year. The total dollar amount sent on the platform increased 27% from 2023, while transaction volume on Zelle totaled 3.6 billion, a 25% increase from the prior year. 2024 highlights include: 151 million consumer and small business accounts are enrolled to use Zelle, an

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Fedwire Funds Service ISO 20022 migration delayed until July

Finextra

Federal Reserve Financial Services (FRFS) has pushed back the roll out of ISO 20022 for the Fedwire Funds Service from March to July.

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Payment tools proliferate, consolidation looms

Payments Dive

“The winners in this consolidation won't necessarily be the biggest players,” writes a checkout technology company CEO. “They'll be the ones who understand that consumers don't want more payment options — they want better ones.

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The case for core modernisation: Why businesses must act now

The Payments Association

Legacy systems are a competitive riskfinancial institutions must modernise with AI, automation, and cloud solutions to stay agile and scalable. Legacy systems are holding financial institutions back. While fintech disruptors move at speed, many firms remain stuck with fragmented technology stacks that increase costs, expose security risks, and degrade customer experience.

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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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Becoming a Payfac as a VSaaS Platform or Merchant

Basis Theory

By becoming a payfac, platforms or merchants can generate more profits by embedding payments. Read why and how to become a payfac!

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Identity Fraud Attacks on Social Media Rose by 27% in 2024 Alone, Reveals AU10TIX

The Fintech Times

User-friendly fraud-as-a-service (FaaS) kits that enable amateurs to execute complex attacks against thousands of accounts in minutes are becoming increasingly available online, AU10TIX , the identity verification and management technology provider, has revealed. In a new report on global identity fraud in 2024, AU10TIX highlights how FaaS platforms offer all of the tools, templates and automation that fraudsters need to commit widescale identity fraud, deepfakes, and cyberattacks, including: De

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BIS opens first innovation hub in the Americas

Finextra

The Bank for International Settlements has opened its seventh innovation hub in Toronto, its first in the Americas.

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How payment scams start on social media

Payments Dive

Bad actors contact consumers through social media and then persuade them to send money over payment platforms, a JPMorgan Chase payments executive said during a Payments Dive virtual event.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

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Tackling fraud in 2025: Fighting AI fraud with new AI models

The Payments Association

AI-driven fraud is evolving fastbanks must adopt adaptive AI models to detect and prevent scams in real-time. In the first half of 2024, criminals stole571million in the UK through unauthorised and authorised frauda stark reminder that existing fraud prevention methods are failing to keep pace. The scale and sophistication of fraud in the UK and around the world are rapidly rising, but what isnt rapidly rising is banks ability to stop criminals in their tracks.

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Outdated Airport Payments Jeopardize Airline Retailing Ambitions, Finds New Outpayce Report

Fintech Finance

As airlines progress with plans to become modern retailers, the importance of a smooth payments experience grows in importance. Yet outdated airline payments risk undermining efforts to turn airports into retailing hotspots and are the root-cause of traveler frustration, according to a newly published report. Drawing on qualitative research from business psychology firm, Innovationbubble, and a multi-market survey with travelers undertaken by market research firm, Opinium – this report, jo

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Mastercard launches AML service TRACE to fight fraud in Asia Pacific

The Paypers

Mastercard has announced the launch of TRACE, an AML service that was designed to combat financial crime in Asia Pacific.

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