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.

177

177

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.

FPC 167

FPC ISO 20022 Federal Reserve Instant Payments 167

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.

Economy 114

Economy FinTech Government Governance 114

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.

Instant Payments 167

Instant Payments RTP FedNow ISO 20022 167

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

Payments

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

APACS 123

APACS FinTech Participant ISO 20022 123

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.

AFPP 167

AFPP Accreditation Faster Payments NACHA 167

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.

Automation 88

Automation Checks Global Payments Payments 88

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.

AI 95

AI Blockchain Finance FinTech 95

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.

Issuers 98

Issuers Process Reconciliation AML 98

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.

CFPB 80

CFPB Legal Consumer Regulations 80

Advertisement

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?

Use Case

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.

Instant Payments 96

Instant Payments Payments Settlement Retail Payments 96

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.

Government 80

Government Governance Payment Solutions Payments 80

Finextra

AUGUST 23, 2024

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

Visa 98

Visa Processors Payments 98

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.

AI 75

AI CFPB Consumer Protection Laws 75

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

Best Practices

Finovate

AUGUST 23, 2024

This week’s edition of Finovate Global features an in-depth interview with Nacho Díaz de Argandoña, Chief Product Officer with Spain-based fintech, GPTAdvisor. Founded in 2023 and headquartered in Madrid, GPTadvisor made its Finovate debut earlier this year at FinovateEurope 2024 in London. GPTadvisor offers a Gen AI platform that is specifically built to boost the productivity of financial advisors and wealth managers, as well as enhance client engagement.

AI 64

AI Advisors Cross-Border Cross-Border Payments 64

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.

Regulations 64

Regulations Security Rules Product 64

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.

Payment Gateways 62

Payment Gateways Gateways B2B Payments 62

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.

Fraud Prevention 59

Fraud Prevention Verification 59

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

The Fintech Times

AUGUST 23, 2024

Banking Circle , a fully licensed next-generation bank with central bank access, is partnering with Skydo , an India-based cross-border payments platform for micro, small and medium-sized enterprises (MSMEs) and freelancers. Through the new collaboration, Banking Circle aims to support businesses in India that operate globally, empowering them with cost-effective payment solutions that make it easier for them to succeed in international markets.

Cross-Border Payments 58

Cross-Border Payments Cross-Border Payment APIs and Integration Central Bank 58

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.

Payroll 59

Payroll FinTech Participant Payments 59

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.

Financial Inclusion 58

Financial Inclusion Continuity Economy Technology 58

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.

Settlement 59

Settlement Acquirers Process 59

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.

Continuity

The Fintech Times

AUGUST 23, 2024

Skyfire Systems has launched a new payment network built to enable fully autonomous transactions across AI agents, LLMs, data platforms, service providers, and other goods and services. With its latest offering, Skyfire hopes to enable businesses to monetise their products and services to AI agents, which it says is the fastest-growing consumer market.

AI 58

AI Payments Stablecoins Transactions 58

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?

Reconciliation 52

Reconciliation Automation Process Payments 52

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

Research 58

Research Rules Consulting Agreements 58

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.

Automation 52

Automation Accounts Encryption Transactions 52

Advertisement

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.

AI

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.

Credit Cards 58

Credit Cards Security Digital Payments Transactions 58

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.

Finance 52

Finance 52

The Payments Association

AUGUST 23, 2024

Navigating the build vs.

Payments 88

Payments FinTech Technology 88

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

Authentication 52

Authentication Participant 52

Advertisement

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