Payments Dive

AUGUST 23, 2024

“The time has come to rethink surcharging not as a necessary evil but as a strategic advantage that can benefit both businesses and customers,” writes a Billtrust executive.

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Faster Payments Council

AUGUST 23, 2024

Join us for an upcoming FPC webinar, sponsored by Finzly, on Wednesday, September 18 from 12:00pm-1:00pmET. Is your financial institution fully harnessing the potential of RTP® and FedNow® to drive growth? While 'receive-only' instant payments is a significant step forward, the true transformative power lies in actively sending payments. In a recent joint survey from the FPC and Finzly, it unveiled that corporate customers drive nearly 78% of instant payments revenue.

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The Fintech Times

AUGUST 23, 2024

Mongolia, a country of striking contrasts, presents a unique fintech landscape. Despite being one of the world’s largest nations by land area, it is also one of the least densely populated, with vast distances separating its people and economic hubs. This distinctive geography shapes the challenges and opportunities within Mongolia’s evolving fintech sector.

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Faster Payments Council

AUGUST 23, 2024

The Fall Member Meeting is set to gather FPC members for two days of insightful presentations, dynamic panel discussions with industry experts, timely roundtables, and valuable networking opportunities. Dive into the latest trends and challenges in faster payments, and connect with peers and leaders in the field. This event will take place on September 30-October 1 at the Hyatt Regency Denver at Colorado Convention Center in Denver, CO.

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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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Fintech News

AUGUST 23, 2024

In H1 2024, fintech startups in Asia raised a total of US$2.4 billion, data from a new CB Insights report show. The sum represents a year-over-year (YoY) decline of 17.2%, continuing a downward trend that began in 2022 due to market uncertainty, economic volatility, and profitability concerns. Despite current funding challenges, fintech experts and industry observers are still optimistic about the region’s long-term growth prospects, driven by factors such as a young population, a large consumer

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Faster Payments Council

AUGUST 23, 2024

Join us for an upcoming Nacha/FPC webinar on Tuesday, October 8 from 12:00pm-1:00pmCDT. Nacha and the U.S. Faster Payments Council have worked together to introduce the Accredited Faster Payments Professional Program (AFPP). The first exam will be held in February 2025. In this webinar, members of the AFPP Oversight Panel will provide insight into specific topics addressed in the exam and how you can begin to prepare now.

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The Payments Association

AUGUST 23, 2024

PXP Financial, a leader in global payment services, is pleased to announce the launch of its Partner Portal. This advanced platform is engineered to transform the merchant application journey, elevating the partnership experience with PXP. Designed to enhance efficiency and accuracy, the Partner Portal empowers partners to focus on growth and success.

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The Fintech Times

AUGUST 23, 2024

Future Finance is a collaborative research project aiming to support mid-tier organisations and small to medium-sized businesses (SMEs) in the UK financial services sector to adopt innovative processes and products that improve accessibility of their services. Supporting the project, FinTech Wales, the independent membership association and champion of the fintech and financial services industry in Wales, has announced a new partnership with Future Finance.

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Fintech Finance

AUGUST 23, 2024

Tribe Payments has been chosen by SetldPay to provide their issuer processing, with the company also benefitting from Tribe’s Risk Monitor and 3D Secure solutions. Founded in 2023 by David Shewmaker, Stuart Green & Rebecca Ramaglia, SetldPay is a comprehensive technology-first Card Scheme Program Manager operating across Europe and specialising in Open Loop and Private Label Card Programs.

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Bank Automation

AUGUST 23, 2024

The Consumer Financial Protection Bureau is facing additional challenges that call into question the legality of the bureau’s funding. The Supreme Court upheld the CFPB’s funding mechanism in May. In several recent lawsuits, companies sued by the CFPB for violations argue that the bureau is using funds it should not have.

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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

AUGUST 23, 2024

Instant payments were launched in the Swiss market on 20 August 2024. Around 60 financial institutions are now able to receive and process instant payments, covering more than 95% of Swiss retail payment transactions. By end-2026 at the latest, all financial institutions active in retail payment transactions will be reachable. The first institutions have already launched retail offerings enabling customers to send instant payments.

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Bank Automation

AUGUST 23, 2024

JPMorgan Chase will expand the accessibility of its data-driven business intelligence platform, Chase Customer Insights, to meet the demands of business clients.

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Finextra

AUGUST 23, 2024

Mastercard is more than a payment processor; it's a strategic ally for businesses aiming to expand t.

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Bank Automation

AUGUST 23, 2024

The Consumer Financial Protection Bureau has once again made it clear that new AI- and machine learning-based technologies are held to the same consumer protection regulations as established technologies.

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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.

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Finextra

AUGUST 23, 2024

An Australian court has ruled in favour of the country's securities regulator against the local operator of the Kraken crypto exchange over design and distribution obligations when offering a margin trading product.

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BlueSnap

AUGUST 23, 2024

If you’ve chosen BigCommerce’s versatile eCommerce solutions to power your online B2B storefront, you already know you can leverage their functionality to meet your precise needs. But remember that your payment gateway is a major contributor to your selling success. Choosing one with the right capabilities will keep your business on its growth trajectory.

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The Fintech Times

AUGUST 23, 2024

Dock , the banking and technology company in Latin America, is turning its attention to Colombia as it looks to make financial services more accessible and inclusive. With support from Visa , Dock will be able to continue increasing the use of electronic payments in the country, increasing its client base and projects. Currently operating more than 70 million active accounts and more than eight billion transactions annually, Dock is looking to boost its figures in Colombia.

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Finextra

AUGUST 23, 2024

Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, has announced the promotion of Matt Thompson to Chief Revenue Officer (CRO) from Senior Vice President and GM of its public sector business.

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The Fintech Times

AUGUST 23, 2024

After the Financial Conduct Authority (FCA) released a consultation paper on proposed changes to the existing rules governing how payments for investment research are made, there was a mixed response from the industry. Now, Substantive Research , a research and market data discovery and spend analytics provider, has published the findings of its latest global asset management survey today, evaluating the industry’s reaction to the new FCA rules on paying for investment research, which came

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Finextra

AUGUST 23, 2024

Thera, a leading payroll and payments platform, has announced that it has raised a $4 million Seed round with participation from Y Combinator, 10x Founders, Amino Capital, Zillionize, and Bayhouse Capital. Notable angels in the round include Oliver Jung, Chris Bakke, Andrew Yeung, Akash Magoon, and Bobby Matson.

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The Fintech Times

AUGUST 23, 2024

UK high-street bank NatWest Group is joining forces with Visa , the digital payments giant, to launch a new travel reward credit card for its UK customers. The new launch is the latest in a long-term collaboration between Visa and NatWest Group to offer customers access to Visa’s debit and credit cards to help them manage their spending with greater ease, security, flexibility and control.

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Finextra

AUGUST 23, 2024

Deutsche Bank has been in the process of acquiring Postbank since 2008, and has been facing trouble agreeing to a settlement with Postbank shareholders.

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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

Paystand

AUGUST 23, 2024

Table of Contents Is automatic reconciliation possible? What is automatic reconciliation? Can you automate bank reconciliation? Bank reconciliation automation tools How is auto bank reconciliation better than manual? What are the drawbacks of automated reconciliation software?

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EBizCharge

AUGUST 23, 2024

The choice between manual and automated accounting systems can significantly impact organizational efficiency. As companies strive to keep pace with evolving transactions, understanding the nuances of these accounting methods becomes essential. This article will explore the key differences between manual and automated accounting systems, exploring various aspects such as process, accuracy, cost, and scalability.

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Finextra

AUGUST 23, 2024

Leading up to Finextra’s annual green conference, Sustainable Finance Live, which will take place at Events@No6 on October 8 in London, keynote speaker and founder of ResponsibleRisk Richard Peers interviewed Robin Millington, CEO of Planet Tracker.

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The Payments Association

AUGUST 23, 2024

Navigating the build vs.

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Finextra

AUGUST 23, 2024

The Series A round was led by Balderton Capital with participation from existing investors TQ Ventures, Earlybird and Seedcamp. Founded by two early ex-Revolut employees Neil Shah and Abhi Thanendran, Tilt is the real time shopping platform redefining the ecommerce space by becoming the world’s number one destination for fashion. Transforming how we buy and sell online, Tilt is reintroducing the human element through real-time interactions and community engagement, ensuring the experience is bot

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Fraud.net

AUGUST 23, 2024

Fraud.net is thrilled to announce our win of the Datos Insights Award for Joint AML and Fraud Transaction Monitoring Solution. Learn more.

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Finextra

AUGUST 23, 2024

Euroclear is pleased to announce that the Asian Infrastructure Investment Bank (AIIB) has successfully issued its first digitally native note (DNN), executed on Euroclear's Digital Financial Market Infrastructure (D-FMI). This marks the first digital issuance in USD for Euroclear and the first such issuance by an Asia-based issuer on its platform. The initiative was supported by BMO Capital Markets as dealer and Citi, serving as dealer as well as the issuing and paying agent on the transaction.

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Fraud.net

AUGUST 23, 2024

Fraud.net has been awarded a Silver Medal by Datos Insights for their Joint AML and Fraud Transaction Monitoring Solution. Learn more.

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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.

Embedded Finance