Mon.Jan 06, 2025

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How ‘frictionless’ payments may benefit, hurt consumers

Payments Dive

Such digital payments can slash transaction times, improve data security and provide valuable insights into consumer purchasing behavior and preferences.

Consumer 142
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Digital payments on the rise in Europe, but cash still king at POS

Finextra

While the use of digital payments continues to rise in the euro area, cash is still responsible for more than half of all point-of-sale transactions, according to a European Central Bank study.

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SC Ventures Launches Labamu to Aid APAC SMEs with Billing, Financial Tools

Fintech News

SC Ventures, Standard Chartereds fintech investment arm, has launched Labamu , an invoicing and billing platform for APAC small and medium enterprises (SMEs). Labamu aims to improve operations, increase sales, and provide access to financial services. The platform is initially rolling out in Indonesia. SMEs account for 90% of businesses and 80% of employment across six Southeast Asian countries, representing a market worth US$2.5 trillion.

APACS 108
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CFPB details BNPL, EWA supervision for first time

Payments Dive

In its latest supervisory overview, the Consumer Financial Protection Bureau included a review of buy now, pay later and earned wage access examinations.

CFPB 103
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The Evolving Retailer's Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Aspire and Rakkar to Host Seminars on Digital Finance for Founders

Fintech News

Aspire, a global finance platform for businesses, has partnered with digital asset custodian Rakkar to help founders navigate the evolving digital finance landscape. The collaboration focuses on equipping founders with the knowledge and tools to ensure secure and compliant operations in a rapidly evolving financial landscape. Through a series of seminars, the partnership will provide practical insights into high-impact topics within digital finance.

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More Trending

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OCBC rolls out bespoke tokenised bonds to large corporate clients

Finextra

OCBC has launched the sale of bespoke tokenised bonds issued in S$1,000 denominations to corporate clients that have net assets exceeding S$10 million.

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PayMint Fintech Receives Approval From the Central Bank of Egypt to Launch Its First Meeza Prepaid Cards

Fintech Finance

PayMint , a leading financial technology company, has announced that it has obtained final approval from the Central Bank of Egypt to launch its first Meeza prepaid cards in partnership with Abu Dhabi Islamic Bank Egypt (ADIB-Egypt). This milestone aligns with the banks continuous efforts to collaborate with FinTech companies to provide flexible solutions that contribute to advancing financial inclusion in line with the vision of the Egyptian government and the Central Bank of Egypt.

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SBI set to take majority stake in Solaris

Finextra

Japanese financial conglomerate SBI has agreed to pay 100 million for a stake of more than 70% in struggling German Banking-as-a-Service platform Solaris, according to Bloomberg.

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Elite Acquires Tranch, a Leading B2B Payments Platform, to Transform Billing and Payment Processes for Law Firms

Fintech Finance

Elite , a leading provider of financial management and business operations solutions to the worlds most successful law firms, today announced its acquisition of Tranch , a leading B2B invoice automation and payments platform offering seamless invoice management and turnkey payment options for law firms and their clients. Founded in 2021 by Philip Kelvin and Beau Allison, Tranch has set a new standard for law firms in the management of invoices and payments, enabling firms to streamline and autom

Laws 76
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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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One-in-five consumers lost money to scammers in 2024

Finextra

New research from Barclays Bank reveals that one in five consumers fell victim to a scam in the last year.

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Onbe Names FinTech Leader Sayid Shabeer as Chief Product Officer to Drive Next Phase of Growth

Fintech Finance

Onbe , a leading corporate payouts platform, today announces the appointment of Sayid Shabeer as its new Chief Product Officer. Sayid Shabeer joins the company’s executive team reporting directly to CEO Bala Janakiraman, as Onbe deepens its focus on financial services and software partnerships to modernize the $3 trillion business-to-person payments market.

Product 72
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Accelerating MEA Travel Sector Payments: Qashio and Visa Announce New Partnership

The Fintech Times

Looking to improve payments in the Middle East travel sector, Qashio , the spend management solutions provider has partnered with Visa , the digital payments organisation, to launch the Visa Commercial Choice Travel Programme. Travel companies in the region will now be able to obtain Qashio cards and transact in different currencies including AED, SAR, USD, EUR and GBP issued from UAE enabling payments and settlements in multiple currencies.

SARS 64
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Bank-backed EPI processes first e-commerce transactions

Finextra

The European Payments Initiative (EPI), a bank-backed venture that was initially set up to build a rival to Mastercard and Visa in Europe, has completed its first e-commerce transactions, paving the way for a full-scale roll out later this year.

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15 Modern Use Cases for Enterprise Business Intelligence

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?

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SC Ventures Launches Invoicing and Billing Platform, Labamu, to Help APAC SMEs Accelerate Growth

The Fintech Times

SC Ventures , the innovation, fintech investment and ventures arm of Standard Chartered , has launched a new invoicing and billing platform dubbed ‘Labamu’, in a move to increase the prosperity of small businesses across the Asia Pacific (APAC) markets, starting with Indonesia. Through the new platform, Labamu, SC Ventures hopes to empower SMEs across APAC to accelerate their growth.SMEs across Southeast Asia represent 90 per cent of all companies and 80 per cent of all employment &#

APACS 59
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SC Ventures launches invoicing and billing fintech to SMEs in Apac

Finextra

SC Ventures, the fintech investment and incubation arm of Standard Chartered, has launched Labamu, an invoicing and billing platform for SMEs in Apac.

APACS 69
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Tikkie Payments Reach Record 7.4 Billion Euros in 2024

Fintech Finance

Tikkie continues to gain popularity: ABN AMROs payment app handled 157 million payment requests in 2024 for a total of 7.4 billion euros. It set records for both the number of requests and the total amount handled, up by 8 percent and breaking last years record of 6.6 billion euros. Since Tikkie was first launched in 2016, the app has been used to pay more than 32.6 billion euros.

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DLocal explores sale - Reuters

Finextra

Unicorn Latin American cross-border payments platform dLocal is exploring a potential sale, according to Reuters.

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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

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ClearBank sees payment processing time drop by 80%

Bank Automation

ClearBank is seeing its payment processing time decrease 80% after integrating AI. The Bristol, U.K.-based clearing agency and banking platform operates entirely in the cloud and has been exploring AI use cases for the past year, a spokesperson told Bank Automation News. ClearBank in December announced that its cloud-native banking solution is now available to […] The post ClearBank sees payment processing time drop by 80% appeared first on Bank Automation News.

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Money Squirrel launches app to help UK firms with cashflow management

Finextra

Startup Money Squirrel has launched an open banking-powered app to help UK businesses master their cashflow management.

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Cash Discounting Programs: What Are They and How Do They Work?

EBizCharge

Have you noticed businesses offering lower prices for paying with cash? Thats a cash discounting program in action. For business owners, this practice isnt just a thoughtful nod to customersits a smart move to reduce payment processing costs and encourage more cash transactions. This article will explore what cash discount programs are, how they work, and the pros and cons involved.

Legal 52
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Top 7 Fintech Trends to Watch in 2025

Finextra

Shaping the Future of Payments and Finance The fintech ecosystem is evolving at an unprecedented pac.

FinTech 59
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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.

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Central Bank of Egypt Approves Meeza Prepaid Cards From PayMint to Advance Financial Inclusion

The Fintech Times

Egyptian fintech PayMint has received final approval from the Central Bank of Egypt to launch its first ‘Meeza’ prepaid cards in partnership with Abu Dhabi Islamic Bank (ADIB). PayMint plans for the new Meeza prepaid cards to enable its customers to carry out purchases, cash withdrawals, and online shopping in Egypt. Meeza cardholders will be able to monitor their usage, check their available balance, and manage their cards through the mobile application.

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Mashreq begins pilot operations of digital bank in Pakistan

Finextra

Mashreq Pakistan, part of leading financial institution in the MENA region, Mashreq, becomes the first to receive restricted license from the State Bank of Pakistan (SBP) to commence pilot operations as a digital retail bank in Pakistan.

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QIB Partners with PayLater to Introduce Shari’a Compliant BNPL Solutions in Qatar

The Nilson Report

The post QIB Partners with PayLater to Introduce Sharia Compliant BNPL Solutions in Qatar appeared first on Nilson Report.

BNPL 52
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PCI DSS: Safeguarding the Future of Secure Digital Payments

Finextra

In an era dominated by digital transactions, ensuring the security of sensitive payment data has bec.

PCI DSS 52
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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.

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Slope Taps Marqeta to Power BNPL Card

The Nilson Report

The post Slope Taps Marqeta to Power BNPL Card appeared first on Nilson Report.

BNPL 52
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SBI to take majority stake in Solaris - Bloomberg

Finextra

Japanese financial conglomerate SBI has agreed to pay 100 million for a stake of more than 70% in struggling German Banking-as-a-Service platform Solaris, according to Bloomberg.

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Ramp Announces Integration with Intuit QuickBooks Desktop

The Nilson Report

The post Ramp Announces Integration with Intuit QuickBooks Desktop appeared first on Nilson Report.

Posting 52