Fri.Jun 21, 2024

article thumbnail

KPMG Law Partners with Shieldpay as Payments Provider

Fintech Finance

Shieldpay , the payments partner for the legal sector, is working with KPMG Law UK (part of KPMG LLP) to provide payments services for its high value, complex client transactions. Shieldpay has been supporting KPMG Law’s corporate clients as an escrow and paying agent provider for corporate and M&A deals since 2020. Following the success of this relationship, built through working on numerous deals with KPMG Law’s UK corporate teams, Shieldpay has been selected to support KPMG Law’s corporat

Laws 98
article thumbnail

Contactless payment transaction values to double by 2029

NFCW

Adoption of softPOS payment solutions by smaller businesses will drive a 113% increase in contactless payment transaction values by 2029, Juniper Research predicts. The growth will see global transaction values rise from US$7.4 trillion in 2024 to US$15.7 trillion in 2029. “The launch of softPOS systems, where contactless payments can be accepted using a compatible smartphone, is breaking down cost barriers to small and micro-merchants’ adoption of contactless payments, increasing ac

article thumbnail

PayPal Names Srini Venkatesan as Chief Technology Officer

Fintech Finance

PayPal Holdings, Inc. (NASDAQ: PYPL) has announced the appointment of Srini Venkatesan as Chief Technology Officer (CTO), effective June 24, reporting to PayPal President and CEO Alex Chriss. In this role, Venkatesan will lead the development and implementation of technology across the entire PayPal ecosystem, including analytics and data science, artificial intelligence (AI) and machine learning, information security, infrastructure operations, and product engineering. “Srini is a seasone

PayPal 98
article thumbnail

Fiserv hires former JPMorgan executive

Payments Dive

Takis Georgakopoulos worked for JPMorgan for 17 years before he departed earlier this month, and landed at the mega-processor as an advisor.

article thumbnail

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

article thumbnail

PayPal Ventures Leads Gynger’s $20 Million Series A Funding Round

Fintech Finance

Gynger , the first embedded financing platform for technology purchases, announces that it has raised $20 million in Series A funding, led by PayPal Ventures, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures and Deciens Capital. Gynger will use the funding to scale its team and operations and accelerate its vision of transforming its embedded financing platform into a full-scale payments solution for buying and selling of technology.

PayPal 98
article thumbnail

Amex to buy Tock for $400M

Payments Dive

American Express said it will buy the reservation platform Tock from website builder Squarespace to buttress its dining digital services.

78

More Trending

article thumbnail

Rain plans to raise more capital

Payments Dive

The earned wage access provider seeks to raise $50 million, said its CEO, who is rooting for increased regulation of the industry.

article thumbnail

Cybercrime Research Centre Led by Flutterwave to Launch in Nigeria to Combat Internet Crime

The Fintech Times

Cybercrime is not only a threat to organisations, but a threat to society as it can entice young people to go down a dark path. Both firms and governments across the globe have a duty to do all they can to intensify the fight against internet crime and looking to do so in Nigeria, Flutterwave , the African paytech, has partnered with Nigeria’s Economic and Financial Crimes Commission (EFCC).

Crime 64
article thumbnail

PayPal fills CTO position with former Walmart exec

Payments Dive

Former Walmart EVP Srini Venkatesan will replace Archie Deskus, who joined the payments firm in 2022.

PayPal 78
article thumbnail

Citi launches real-time funding solution to keep up with RTP adoption

Bank Automation

Citi added to its treasury product portfolio this week with the launch of Citi Real-Time Funding to help business clients keep up with liquidity needs in an automated fashion.

RTP 64
article thumbnail

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.

article thumbnail

Revolut: Social Media is a Key Enabler of Fraud, as Gen-Z and Millennials Caught Out Most Often

The Fintech Times

The idea that the younger generations are much less likely to fall victim to fraud than their older counterparts could well be a massive misconception – with the opposite potentially being true – Revolut , the global fintech boasting over nine million UK customers and 40 million globally, has warned. While Revolut revealed as much as 76 per cent of customers in the UK believe that fraud is easy to identify, a huge number continue to fall victim to cybercriminals every day.

Scams 64
article thumbnail

Uzbek mobile bank TBC secures $10m credit from impact investor responsAbility

Finextra

TBC Bank aims to expand its microlending business and promote financial inclusion in Uzbekistan, Central Asia’s largest country by population.

article thumbnail

Ecommpay Shows Desire For Greater Inclusion With Project Nemo Partnership

The Fintech Times

Project Nemo , a newly announced initiative which works with disability champions and service providers to educate the world on how the financial industry can be more inclusive is being supported by Ecommpay , the payments solutions provider. Project Nemo will receive this support throughout its 12-month campaign as the initiative led by Joanne Dewar , industry champion and former fintech CEO, looks to connect disability inclusion experts with fintech decision-makers.

FinTech 64
article thumbnail

AmEx to buy restaurant reservation platform Tock

Finextra

Squarespace (NYSE: SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced an agreement to sell Tock, the reservation, table, and event management technology provider, to American Express (NYSE: AXP) for $400 million.

article thumbnail

Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

article thumbnail

Unlimit Looks to Ease Tuition Payments in Brazil, Leveraging PIX Online Bank Transfers

The Fintech Times

Global fintech firm Unlimit is joining forces with Convera , an FX payments firm, to bolster its ‘GlobalPay for Students’ platform and simplify tuition payments for students in emerging markets. Initially kicking off in Brazil, the partnership will see Convera leveraging the comprehensive alternative payment method (APM) portfolio of Unlimit, in an effort to ease payment of cross-border tuition fees via the GlobalPay for Students platform using PIX.

article thumbnail

Machine learning startup Innzpira launches in the UK

Finextra

Innzpira, a pioneering company in Predictive Psychology© and machine learning, announces a solution designed to revolutionise how banks and financial institutions assess client risk aversion. This innovative approach enables financial entities to offer tailored products that align perfectly with the comfort levels and preferences of their clients, enhancing customer satisfaction and financial outcomes.

article thumbnail

PensionBee Reveals 55% to Be Excited About the New Government Reviewing the Pensions System

The Fintech Times

In recent times, 35 to 44-year-olds have demonstrated the weakest pension confidence over the past six months according to PensionBee ‘s Retirement Confidence Index. As a result, the incoming government must review the pensions and retirement savings system to instil more confidence. This is the view of 87 per cent of respondents in a PensionBee survey, with 92 per cent of 35 to 44-year-olds supporting it.

article thumbnail

Moneyhub appoints senior hires

Finextra

Moneyhub, the market-leading data and payments platform, continues its growth trajectory as it announces three new senior hires within its Personal Finance Technology (PFT) and Decisioning teams. This latest announcement follows a year of significant growth for Moneyhub, with high demand for its Open Finance solutions from new clients such as Scottish Widows, Standard Life and Voxi by Vodafone.

Finance 59
article thumbnail

Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

article thumbnail

How to Calculate Liabilities on Your Balance Sheet: In-Depth Guide

EBizCharge

When evaluating your company’s balance sheet, you may wonder if your business is on shaky ground or has solid financial footing. Looking at components like liabilities is crucial in determining this standing, as they represent what your business owes. From loans and mortgages to money owed to suppliers, it’s essential to grasp what liabilities entail before diving into their calculations.

article thumbnail

PayPal leads $20m round for Gynger

Finextra

Gynger, the first embedded financing platform for technology purchases, announces that it has raised $20 million in Series A funding, led by PayPal Ventures, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures and Deciens Capital.

PayPal 45
article thumbnail

Revolutionize Your Business with Payments-as-a-Service

Paystand

In businesses' constant search for the best ways to enhance operations and maintain customer satisfaction, Payments-as-a-Service (PaaS) stands out as a game-changing technology in payment processing. It grants businesses a suite of payment solutions without building and maintaining new systems.

article thumbnail

Revolut seeks $40bn valuation through share sale – FT

Finextra

Revolut is aiming to become the most valuable start-up in Europe with a target valuation of $40 billion, the FT reports.

69
article thumbnail

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.

article thumbnail

How to Win Chargeback Disputes

Clearly Payments

Winning chargeback disputes is important for merchants because chargebacks take time to deal with and lead to financial losses and increased processing fees. Here’s a guide to help merchants navigate and win chargeback disputes in credit card processing. What is a Chargeback? A chargeback occurs when a cardholder disputes a transaction and requests a refund from their bank.

article thumbnail

Fiserv hires former JPMorgan payments chief Georgakopoulos

Finextra

Fiserv has appointed former JPMorgan Chase global head of payments Takis Georgakopoulos as a senior advisor, EVP and member of the management committee.

article thumbnail

American Express Enters Agreement to Acquire Tock from Squarespace; Also Agrees to Acquire Rooam

The Nilson Report

The post American Express Enters Agreement to Acquire Tock from Squarespace; Also Agrees to Acquire Rooam appeared first on Nilson Report.

article thumbnail

Verituity raies $18.8m for payout platform

Finextra

Verituity, a leading provider of intelligent, verified payouts solutions, announced the successful close of an $18.8 million funding round led by Sandbox Industries and Forgepoint Capital with the participation of Ardent Venture Partners and MTech Capital. Chris Zock, Managing Partner and Co-CEO of Sandbox Industries, will join Verituity’s board of directors.

article thumbnail

Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

article thumbnail

Lightspeed leads USD 10 mIn funding in Travel Wallet

The Paypers

US-based multi-stage venture capital company Lightspeed Venture Partners has led a USD 10 million funding round in South Korea-based fintech Travel Wallet.

FinTech 45
article thumbnail

Apix and Emirates NBD to nurture fintech talent

Finextra

Apix has announced an exciting partnership with Emirates NBD, the leading bank in Dubai, as part of the Emirates NBD Graduate Emiratisation Program (RUWAD), APIX will be hosting two talented UAE Nationals at their Singapore headquarters for up to a year.

FinTech 52
article thumbnail

Ecommpay to support Project Nemo

The Paypers

Ecommpay has announced its plan to support the fintech disability initiative Project Nemo to further accelerate the disability inclusion journey.

FinTech 45
article thumbnail

One in four in Germany use prepaid cards to avoid debt

Finextra

Germans are increasingly turning to prepaid cards and adjusting their spending habits to manage the ongoing cost of living crisis and to avoid debt, according to a new survey conducted by research firm Opinium, commissioned by leading online prepaid payment firm Recharge.

article thumbnail

Secure SaaS Success: Embedded Finance as a Competitive Advantage

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.