Visa debit card volume growth keeps sliding
Payments Dive
APRIL 24, 2024
The card network behemoth’s latest earnings report showed a contraction in card volume growth during the first three months of the year, and into April.
Payments Dive
APRIL 24, 2024
The card network behemoth’s latest earnings report showed a contraction in card volume growth during the first three months of the year, and into April.
Fintech Finance
APRIL 24, 2024
With just over 18 months to go until the ISO 20022 compliance deadline, leading Quality Engineering company, Roq , is urging UK financial institutions to take the necessary measures now to finalise their plans and focus on the execution of a programme that is, by all published metrics, some way behind the curve. Failure to meet the date has major ramifications for individual organisations and perhaps the UK’s financial services sector in part or whole.
Payments Dive
APRIL 24, 2024
The fintech One now offers buy now, pay later financing at the store chain, presenting competition for Affirm, which has partnered with the retail giant since 2019.
TechCrunch Fintech
APRIL 24, 2024
Stripe continues to hold the title of being the biggest financial technology business still in private hands, with a current valuation of about $65 billion and a whopping $1 trillion in total processed payment volume last year alone. But fintech is fragmented and a fast-moving target, and with competitors chipping away at its place, Stripe is […] © 2024 TechCrunch.
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
Finextra
APRIL 24, 2024
Emirates NBD has teamed with a trade finance platform and two fintechs on a proof-of-concept for a transaction involving digitally native trade documents with the application of participants' digital identity.
The Payments Association
APRIL 24, 2024
The 2024 assessment reveals evolving financial crime trends, including AI fraud and social media exploitation, providing crucial insights for payment firms to fortify consumer trust and operational security.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
The Payments Association
APRIL 24, 2024
The PAY360 survey reveals critical insights on AI, real-time payments, and regulatory challenges, guiding stakeholders in adapting to evolving industry demands.
Fintech News
APRIL 24, 2024
Thailand’s KASIKORNBANK , in partnership with J.P. Morgan, has introduced Project Carina, a new initiative aimed at accelerating cross-border payments through blockchain technology, according to RYT9. Announced at Money20/20 Asia in Bangkok, the project integrates KASIKORNBANK’s Quarix blockchain with J.P. Morgan’s Onyx platform to significantly enhance the efficiency of international transactions.
Finextra
APRIL 24, 2024
The Reserve Bank of India has ordered Kotak Mahindra Bank to stop onboarding new customers via digital channels and to pause issuing new credit cards because of failures with the lender's IT systems.
National Processing
APRIL 24, 2024
A resilient business is a business that is built to last and has the best chance to scale. With that in mind, we want to provide you as many ways as possible to help you strengthen your business because that helps relieve some financial pressures of high-risk payment processing. Here is some of […] The post 22 Insights for Building a Resilient High-Risk Business appeared first on National Processing.
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.
The Payments Association
APRIL 24, 2024
The UK Financial Conduct Authority issued a supervisory notice to EPayPro UK Limited, stressing the need for fairness and transparency in fee introductions, following EPayPro's non-compliant rollout of a new compliance fee.
Fintech News
APRIL 24, 2024
Igloo, a Singapore-based insurtech firm, has announced new partnerships with Zalopay, Lotte Finance, FE Credit, and digital insurer OPES to broaden insurance access in Vietnam, particularly for underinsured communities. These collaborations aim to introduce tailored insurance products that cater to the specific needs of modern Vietnamese consumers. Through its partnership with Zalopay , Vietnam’s second-largest e-wallet network, Igloo will offer Phone Screen Protection.
The Fintech Times
APRIL 24, 2024
Mastercard has unveiled a range of AI-powered security solutions and forged industry partnerships with Verizon, NatWest, Entersekt and Global Anti-Scam Alliance in a mission to tackle the rise of scams and impersonation fraud. By combining its identity, biometric, AI and open banking capabilities into the ‘Scam Protect’ suite of solutions, Mastercard hopes to safeguard consumers across a wide range of scams, from card-based and account-to-account payments to fraudulent account openin
Finextra
APRIL 24, 2024
Mastercard is tackling the growing threat of scams through the launch of an AI-based product suite and several cross-industry partnerships.
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.
The Payments Association
APRIL 24, 2024
ComplyAdvantage acquires Golden to enhance its AI-driven financial crime risk management solutions with advanced data integration capabilities Read more
Fintech News
APRIL 24, 2024
Global payments firm Airwallex has introduced its payment acceptance services in the United States, enabling U.S.-based merchants to accept both domestic and international payments. This new service also allows foreign merchants with U.S. entities to provide a localised payment experience to their customers in the U.S., improving acceptance rates and reducing costs.
Finextra
APRIL 24, 2024
Card-linked instalment payments platform Splitit has launched FI-PayLater for banks and card issuers.
Fintech News
APRIL 24, 2024
The Indonesian Directorate General of Taxes (DGT) and the Australian Taxation Office (ATO) have entered into a Memorandum of Understanding for cryptocurrency information sharing. This agreement aims to bolster the detection and management of crypto assets potentially subject to taxation in both nations. By enhancing data exchange and sharing expertise, the tax authorities hope to ensure better compliance with tax obligations concerning cryptocurrency holdings.
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Fintech Review
APRIL 24, 2024
“CBDCs” or Central Bank Digital Currencies are gaining significant traction. They represent the digital form of a nation’s official currency, issued and regulated directly by the central bank. Distinct from decentralised cryptocurrencies such as Bitcoin , CBDCs are centralised and backed by government authorities. Fintech Review delves into the characteristics of CBDCs, examining their potential benefits, and addressing the complexities they introduce to the global financial sy
TechCrunch Fintech
APRIL 24, 2024
Sanlo, a fintech startup that helps gaming companies manage finances, announced Wednesday the closed beta launch of its webshop tool, giving select game developers and studios a plug-and-play solution that works alongside their existing tech stacks. Gaming companies can join the waitlist starting today. With Google and Apple charging a 30% fee for in-app purchases, […] © 2024 TechCrunch.
Finextra
APRIL 24, 2024
India's payments landscape has undergone a remarkable transformation in recent years, driven by the.
Payments Dive
APRIL 24, 2024
TabaPay set a purchase price of $9.7 million to acquire Synapse's assets — a deal that is pending bankruptcy court approval.
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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.
Fintech News
APRIL 24, 2024
Ant Group, a Chinese financial affiliate of the Alibaba Group, has not yet formally applied for a permit to operate its Alipay+ service in Indonesia, according to Filianingsih Hendarta, Deputy Governor of Bank Indonesia. Filianingsih Hendarta According to Reuters , Hendarta clarified the status following reports that Ant Group was seeking regulatory guidance to launch its cross-border payment service in the country during a news conference on Wednesday (24 April 2024).
Bank Automation
APRIL 24, 2024
Lloyds Bank reported an increase in operating costs in the first quarter driven by higher inflation and increased investment in technology. “Cost management remains a core discipline for us as a group,” Chief Financial Officer William Chalmers said during the bank’s earnings call today.
Finextra
APRIL 24, 2024
Klarna has struck a global deal with Uber, giving users the option of immediate or deferred payments across the ride hailing company's taxi and food delivery services.
Bank Automation
APRIL 24, 2024
Bank of America’s innovation is never complete since its team constantly updates offerings to meet ever-changing client needs. “At Bank of America, innovation is everybody’s job,” Jorge Camargo, managing director of mobile app, online banking and Erica AI at Bank of America, told Bank Automation News.
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Finextra
APRIL 24, 2024
At NextGen Nordics 2024 in Stockholm, moderator Debi Bell Hoskings hosted an interactive panel session on new regulation on data and privacy, asking for input from the audience.
Bank Automation
APRIL 24, 2024
Navy Federal Credit Union selected SaaS core modernization provider Zafin to update its core and move away from its legacy mainframe.
Finextra
APRIL 24, 2024
Airwallex, a leading global payments and financial platform for modern businesses, today announced the U.S. launch of its payment acceptance solution. U.S.-based merchants can use the service to accept payments from domestic and international customers.
Finovate
APRIL 24, 2024
ComplyAdvantage announced plans to acquire knowledge engine builder Golden Recursion for an undisclosed amount. ComplyAdvantage will implement Golden’s data extraction and disambiguation methods to help financial institutions minimize their risk of financial crime. The deal will also increase ComplyAdvantage’s footprint in the U.S. and will make Andreessen Horowitz (a16z) a top shareholder of ComplyAdvantage.
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.
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