Payments Next
SEPTEMBER 16, 2024
By John Toman, Co-founder & Chief Product Officer, Pivot Payables Commercial virtual cards have been available for years as a payment method The post You Thought You Knew Virtual Cards…Think Again first appeared on Payments NEXT.
Finextra
SEPTEMBER 16, 2024
Citigroup is stripping chief operating officer Anand Selva of his responsibility for data compliance after the bank was hit with $136 million in fines for its failure to address long-standing deficiencies in risk management and data governance.
Fintech News
SEPTEMBER 16, 2024
Payments giant Mastercard has announced plans to acquire global threat intelligence company Recorded Future for US$2.65 billion. Mastercard aims to strengthen its cybersecurity capabilities with this acquisition as cybercrime costs are projected to reach US$9.2 trillion by 2024. Recorded Future specializes in real-time threat detection, using AI and data analysis to provide actionable insights to clients, including governments and Fortune 100 companies.
Payments Dive
SEPTEMBER 16, 2024
The agency says Horizon Card Services violated the Truth in Lending Act by charging fees as high as 60% of a customer’s credit limit, and all but refusing to cancel their cards.
Speaker: Jennifer Wright and Nick Barron
Navigating the complexities of e-commerce requires more than just the right technology - It demands a holistic strategy that aligns platform capabilities with customer- centric design and marketing. This webinar will provide a roadmap for building a robust e-commerce strategy, guiding you through key decisions from platform selection to creating user experiences that convert, and leverage digital marketing to reach and retail customers.
Fintech News
SEPTEMBER 16, 2024
UnionPay has partnered with payment solutions provider AXS to introduce a new bill payment service tailored for Mainland Chinese residents living in Singapore. By leveraging the UnionPay app, users can now conveniently pay various bills, including household expenses, educational fees, electricity, condo management fees, season parking, town council fees, healthcare, and home services, directly from their Mainland China-issued UnionPay cards.
The Payments Association
SEPTEMBER 16, 2024
The FCA's latest guidance proposes a risk-based approach allowing payment service providers to delay outgoing payments to combat APP fraud, balancing fraud prevention with consumer protection.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Fintech Finance
SEPTEMBER 16, 2024
Brite Payments , a leading provider of open banking-based instant payments, will host its upcoming webinar Payment Insights 2024 at 15:00 CEST (14:00 BST) on Thursday, 26 September. Drawing upon exclusive survey data and findings from the 2024 Instant Economy Payment Insights report, leading payments experts will provide businesses with essential insights into the evolving landscape of online payments across Europe, with a particular focus on the rise of Pay by Bank.
The Payments Association
SEPTEMBER 16, 2024
Central bank digital currencies (CBDCs) could transform cross-border payments by reducing costs, improving efficiency, and enhancing transparency.
Payments Dive
SEPTEMBER 16, 2024
The major card networks enabled systems that allow international travelers in China to use their cards to pay for Beijing rail transit as of last week.
Fintech Finance
SEPTEMBER 16, 2024
Tottenham Hotspur has announced a new three-year strategic partnership with Ant International , a digital payment and financial technology leader. The partnership sees Ant International, together with its business brands Alipay+, Antom and WorldFirst, become the exclusive Official Global Payment Solutions and Digital Wallet Partner of Tottenham Hotspur, and Alipay+ the first Official Training Wear Sleeve Partner for both the men’s and women’s teams.
Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms
Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for
Payments Dive
SEPTEMBER 16, 2024
Explore trends reshaping the landscape of payments and how businesses can stay ahead with modern solutions.
Fintech News
SEPTEMBER 16, 2024
DCS Card Centre has partnered with licensed digital currency payment provider Triple-A to allow customers to top up their virtual accounts using digital assets. The new feature, available through the DCS Cards app, lets users instantly convert their crypto holdings into Singapore dollars and use the funds for bill payments or other card purchases. Triple-A handles the conversion process, ensuring that DCS itself does not interact with the digital assets.
Finextra
SEPTEMBER 16, 2024
Citigroup is stripping chief operating officer Anand Selva of his full responsibility for data compliance after the bank was hit with $136 million in fines for its failure to address long-standing deficiencies in risk management and data governance.
Bank Automation
SEPTEMBER 16, 2024
Ally Financial faces two class action lawsuits in the wake of a data breach earlier this year. Plaintiff Sebastian Owens, among others in the class action suit, according to court documents filed in the District Court of Western District of North Carolina on Sept. 7, are suing Ally Financial subsidiary Detroit-based Ally Bank for: […] The post Ally faces legal battle after data breach appeared first on Bank Automation News.
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.
Finextra
SEPTEMBER 16, 2024
The UK's biggest banks have completed the experimentation phase of a Regulated Liability Network, claiming a number of benefits that the financial market infrastructure for programmable money operating on a multi-bank shared ledger could bring.
Bank Automation
SEPTEMBER 16, 2024
Truist Financial is seeing increased mobile banking adoption among its customers as it prioritizes personalized experiences. “You hear people talk ‘digital first,’ [but] I would actually argue it’s ‘mobile first,’” Sherry Graziano, head of digital, client experience, and marketing at Truist, told Bank Automation News. “Three-quarters of our clients are engaging in mobile as their […] The post 75% of Truist customers’ primary access is mobile app appeared first on Bank Automation News.
Finextra
SEPTEMBER 16, 2024
Barclays is having a hard time selling off a stake in its UK merchant payments unit with potential buyers baulking at the bank's valuation of the business, according to Reuters.
The Fintech Times
SEPTEMBER 16, 2024
PalmPay , a financial platform boasting over 30 million users in Nigeria, has launched a USSD code, offering locals a new way to manage their finances without internet connectivity. As part of an effort to improve the accessibility of PalmPay, customers can now perform a number of banking transactions by dialling ‘*861#’ on their mobile phones.
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.
The Paypers
SEPTEMBER 16, 2024
Global digital payments provider Club L London has partnered with Checkout.com in order to accelerate international expansion on the Shopify platform.
The Fintech Times
SEPTEMBER 16, 2024
Bybit , the world’s second-largest cryptocurrency exchange by trading volume, has been granted a Provisional Approval for Virtual Asset Service Provider (VASP) licence for virtual asset exchange services from Dubai’s Virtual Assets Regulatory Authority (VARA). Having secured the licence, Bybit takes a sizeable step towards securing full operational approval in Dubai.
Finovate
SEPTEMBER 16, 2024
From hyper-personalization to compliance automation to product management, the digital transformation in retail bears many similarities to the digital transformation taking place in financial services. In both instances, greater digitization and enabling technologies like AI and machine learning, are empowering businesses to better know and serve their customers, build innovative solutions and services, and secure their operations and their customers’ data against cybercrime.
Nanonets
SEPTEMBER 16, 2024
Managing and reviewing contracts throughout their lifecycle is quite a challenging task for businesses. Especially since contract data is often scattered across different systems or departments - making it hard to get a quick comprehensive view of contractual obligations. Consider the volume of contracts that businesses typically deal with, the effort required to manually review dense unstructured legal information, and the (legal) expertise required to interpret the data within contracts.
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.
Finovate
SEPTEMBER 16, 2024
If you skipped FinovateFall last week, you missed out! Fortunately, I’ve compiled a written highlight reel to bring you up to speed. Demos With 66 demos on stage, the audience took in a variety of fintech solutions. There was one underlying, enabling technology that fueled the majority of the products and services. That enabling technology, AI, pulsed throughout not just the demos, but the entire event.
Finextra
SEPTEMBER 16, 2024
Newgen Software, a global provider of an AI-led digital transformation platform, announced its partnership with Old Second National Bank, one of the oldest banks in the US. To enhance its account management process, the bank opted for Newgen’s advanced digital account opening and maintenance solution, built on the NewgenONE low-code platform.
The Fintech Times
SEPTEMBER 16, 2024
Brunei Darussalam, more commonly known as Brunei, has transformed its economy for the better following the discovery of oil and gas in 1929. However, as the world starts to turn away from fossil fuels, the country is starting to diversify its economy: we explore fintech’s role in Brunei’s new economic plan. Gas and oil have allowed the country to prosper for many years, allowing its population to obtain a high standard of living and adult literacy rate.
Finextra
SEPTEMBER 16, 2024
More than 40 private sector financial firms, convened by the Institute of International Finance, will join the Bank for International Settlements and a group of leading central banks in Project Agorá to explore how tokenisation can enhance wholesale cross-border payments.
Advertisement
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.
The Fintech Times
SEPTEMBER 16, 2024
Significant financial literacy disparities remain between Hispanics and non-Hispanics in the US, according to a new report from MoneyLion , the digital ecosystem for consumer finance. MoneyLion revealed that the financial literacy rate for US Hispanics was 54 per cent – a significantly lower figure than that of the 69 per cent of non-Hispanics.
Finovate
SEPTEMBER 16, 2024
Fresh from FinovateFall in New York, we’ve got a raft of fintech news to share and catch up on. Be sure to check Finovate’s Fintech Rundown all week long for the latest in industry news, announcements, and headlines. Credit unions Formerly PSCU/Co-op Solutions, Velera will provide card processing solutions for BrightStar Credit Union courtesy of a new partnership.
The Fintech Times
SEPTEMBER 16, 2024
In January 2024, global money app, Zing emerged on the fintech scene as a free, multi-currency app and card designed to make international money worry-free. Nine months later, it has signed its first major sponsorship package as it partners with Premier League team Brentford FC. Starting in the 24/25 season, the deal will see the international payments provider sign on as Brentford’s official payments and remittance partner.
Finextra
SEPTEMBER 16, 2024
The number of customers using personal finance tools in Westpac’s mobile banking app has increased by 36% since the start of the year, with around 620,000 logging in each month to access features to help monitor cash flow, categorise spending and manage bills.
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.
Expert insights. Personalized for you.
152 
Let's personalize your content