Trending Articles

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Checkout.com opens San Francisco office

Payments Dive

The British digital payments company is expanding its U.S. presence after seeing revenue surge last year.

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LSEG Risk Intelligence Deploys Account Verification to Tackle Payment Fraud

Fintech News

LSEG Risk Intelligence has launched its Global Account Verification (GAV) service in Asia-Pacific and Europe, the Middle East, and Africa, expanding efforts to enhance security in cross-border payments. Originally introduced in the United States in October 2024, GAV verifies whether payee and account details match before transactions are processed, helping businesses and individuals prevent fraudulent transfers.

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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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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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BofA CEO says bank prepared to launch own stablecoin

Finextra

Bank of America will look to launch its own dollar-backed stablecoin if US lawmakers make it legal to do so, says CEO Brian Moynihan.

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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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Atome Taps Ant Group’s OceanBase to Power Its Database Modernisation

Fintech News

Atome, a buy-now-pay-later provider, has partnered with OceanBase , a distributed relational database developed by Ant Group, to upgrade its database infrastructure. The move aims to improve performance, scalability, and security as Atome expands its digital financial services. To manage its increasing transaction volume, Atome will integrate OceanBase’s distributed database system.

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Credit Card Payment Integration: How to Integrate Payments into Your Website and Point of Sale

Stax

Customers are increasingly curating their shopping experience based on their own terms. Up to 42% of shoppers in the US abandon their cart if their favorite payment method isnt available. Meanwhile, retailers that provide at least three of the most popular payment methods in any market increase their conversions by up to 30%. As an independent software vendor (ISV) or eCommerce platform, these statistics mean that you should focus on function when developing products for your clients.

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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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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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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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HSBC Reshuffles Leadership in Asia to Streamline Operations

Fintech News

HSBC Holdings has assigned additional responsibilities to country heads in some smaller Asian markets as part of its efforts to streamline operations and eliminate management layers. According to an internal memo seen by Bloomberg News, Peter Kim will take on the role of head of banking alongside his position as chief executive officer in Korea, effective March 1.

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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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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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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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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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Visa lays out blueprint for global growth

Payments Dive

As if to push back against slowing card business growth in the U.S., the network’s top executives have staked out areas targeted for expansion.

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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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Prommt, Chargebacks911 Partner to Revolutionize Transaction Protection

Fintech Finance

Chargebacks911 , a global pioneer in chargeback prevention and management solutions, announced their official partnership with Prommt , a leading innovator in cloud-based, remote payment solutions, providing large enterprises with a comprehensive, end-to-end solution that helps to protect against chargeback fraud and misuse. Prommts innovative card and open banking payment solution has been pivotal in empowering merchants to secure remote customer payments efficiently and securely.

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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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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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Fintech startup Ramp nearly doubles valuation to $13B in secondary share sale

TechCrunch Fintech

Expense management startup Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale, the company announced Monday morning. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures and Definition Capital bought the secondaries from employees and early investors. […] 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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Everchanging chargeback prevention landscape: How avoided.Io safeguards revenue with real-time fraud detection

The Payments Association

Avoided.io was founded with a mission to eliminate the financial and operational burdens caused by chargebacks and fraud. In an era where digital transactions are booming, merchants face escalating chargeback rates, revenue losses, and reputational damage. Traditional fraud prevention tools are slow, reactive, and often ineffective. We saw a need for a proactive, real-time solution that prevents disputes before they become chargebacks.

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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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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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Why Stablecoins Will Transform Global Finance in the Next Two Years

Finextra

In 2024, the stablecoin market grew by 57% and analysts expect the sectors expansion to accelerate.

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£2.6Billion in Unclaimed Financial Support, as Complex Applications Stop Older People Accessing Help

The Fintech Times

Older people applying for financial support through four main entitlements could have to answer 450 questions – which could take up to four hours with the help of a trained adviser – according to new research from national charity Independent Age. Long and complex application processes for financial support can be extremely difficult to complete at all without support and can take a significant number of hours if they are able to do so, Independent Age says.

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Beyond BNPL: How Sezzle’s growth signals an evolution of digital payments

Payments Dive

BNPL is evolving, and Sezzle is leading the way. Fueled by a strong Q4, Sezzle expands digital payments to meet consumers where they are—flexibly and responsibly.

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Protected: Redefining electronic money: Navigating the EBA’s new ruling and Its implications for fintechs

The Payments Association

The EBAs redefinition of e-money challenges traditional models, raising regulatory uncertainties and requiring compliance reassessment.

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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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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.

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Vanar Chain and Worldpay team on Web3 payments

Finextra

Vanar Chain, the pioneering Layer 1 blockchain, is proud to announce a strategic partnership with Worldpay, a global leader in payments technology, to drive innovation in Web3 payment solutions.

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UK to pilot GPS-based transport ticketing

NFCW

The UK’s first pilot of GPS-based transport ticketing is to take place on Northern and East Midlands Railways rail services from later this year, the Department for Transport has announced. “The government is kickstarting the procurement process to find the suppliers who will run the technology for the trials across the East Midlands and Yorkshire,” the department says. “Backed by government funding, the trials are part of plans to modernise our transport system, put pass

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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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7 Essential Criteria for Choosing the Right Payments Partner

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.