Fintech News
DECEMBER 17, 2024
Visa announced that its fraud prevention system blocked nearly 85% more suspected fraudulent transactions globally this Cyber Monday compared to the same day last year. This year, suspected fraudulent activity surged by 200% worldwide over the holiday weekend, with fraudsters increasingly turning to advanced AI tools to target both physical and digital transactions.
Payments Dive
DECEMBER 17, 2024
As the card network giant enforces its surcharge rules, merchants react to different experiences in the market and adjust.
Fintech Finance
DECEMBER 17, 2024
Kuady , a payments service processor for Latin America, has today announced a new partnership with global sports betting and gaming provider MeridianBet. The integration will enable MeridianBet users in Latam to access Kuadys full suite of payment features, offering real-time deposits and withdrawals to enhance the betting experience. The MeridianBet partnership signals a strategic step towards delivering a faster and more seamless customer experience in Latam.
Finextra
DECEMBER 17, 2024
Open banking data vendor Neonomics has filed a complaint with the Norwegian Competition Authority alleging anti-competitive practices in the payments market by the country's banking sector.
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
The Payments Association
DECEMBER 17, 2024
Ripple, the leading provider of digital asset infrastructure for financial institutions, announced that Ripple USD (RLUSD) will be available on global exchanges starting December 17, 2024. RLUSD is an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripples years of experience working with crypto and the existing financial system.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Basis Theory
DECEMBER 17, 2024
The personal account number, or PAN, can do more - understand push provisioning and account updaters to boost revenue.
Fintech Finance
DECEMBER 17, 2024
Tietoevry Banking today announced the integration of Visa B2B Connect, a Visa Direct offering, into its Tietoevry Payment Hub. This move will enable Tietoevry Bankings client financial institutions to offer corporate customers Visa B2B Connect payments, delivering faster, more cost-effective and transparent payment options when transacting across borders.
The Payments Association
DECEMBER 17, 2024
AlixPartners , the global consulting firm, announced today the promotion of leading London-based payments expert Jonathan Hughes to the role of partner & managing director, effective January 1, 2025. Recognised for his ability to jump into difficult situations and solve complex problems, Jonathan has spent three decades in Financial Services and FinTech, working across the UK, North America and Asia as an executive, entrepreneur and advisor.
Fintech Finance
DECEMBER 17, 2024
In a landscape where speed and security are essential for consumers, PayU sets a milestone by becoming the first payment gateway in Colombia to integrate Google Pay (GPay). This integration provides users with an unprecedented payment experience, allowing faster and safer transactions while redefining how Colombians shop. In a country where mobile payment growth is projected at 22% annually, adopting solutions like Google Pay is essential to meet market demand.
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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?
Finextra
DECEMBER 17, 2024
Brazil's Nubank has led a $250 million investment round in Tyme Group, a digital bank with operations in South Africa and the Philippines.
Fintech Finance
DECEMBER 17, 2024
Can global payroll truly exist in an era where business is increasingly international, and employees work from more places and locations than the office? More specifically, organisations need a single, global payroll platform with configuration, scalability, and compliance across all sizes and locations to achieve flexible global payroll management.
The Fintech Times
DECEMBER 17, 2024
Two , aEuropean B2B payments technology provider, is joining forces with ABN AMRO , a financial institution based in the Netherlands, to launch a new ‘Pay on Invoice’ solution, bringing flexible payment options to B2B e-commerce transactions. Powered by technology from Two, ABN AMRO plans to offer a reliable ‘Pay Later’ solution tailored to meet growing demands in the B2B commerce sector.
Fintech Finance
DECEMBER 17, 2024
Neonomics , an open banking payments and data company, has lodged a formal complaint to the Norwegian Competition Authority to advocate for innovation and fair competition within the Norwegian Payments market. The complaint outlines a series of anti competitive practices by Norwegian banks, domestic and international financial services providers as well as additional actors which operate under ownership and control of the Norwegian banks.
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
Fintech News
DECEMBER 17, 2024
Morgan Stanley has partnered with Wise Platform to enhance its cross-border payment capabilities for corporate and institutional clients. The collaboration makes Morgan Stanley the first investment bank to offer foreign exchange international settlements through Wises infrastructure. By leveraging Wise Platforms technology and pairing it with Morgan Stanleys integrated approach, the bank aims to provide fast, cost-effective, transparent, and easy international payment solutions for its sophistic
Fintech Finance
DECEMBER 17, 2024
Visa , a global leader in digital payments, convened the Digital Future Forum 2024 in Hanoi, showcasing the latest payment trends and innovations shaping Vietnam’s digital landscape. This forum, part of Visa’s annual client appreciation event, underscored Visa’s commitment to driving Vietnam’s digital transformation, with a focus on AI’s role in enhancing security and personalizing customer experiences.
The Fintech Times
DECEMBER 17, 2024
Canadian fintech Nuvei Corporation is expanding its global partnership with Google to integrate Google Pay, enabling merchants across Latin America to accept the payment option. By integrating Google Pay into Nuvei payment processes, merchants can offer their customers the secure payment option to help meet the growing demands of the current digital economy.
Finextra
DECEMBER 17, 2024
Hearing-impaired customers of Monzo can now chat with the bank's customer support team via SignLive, an online interpreting service for British Sign Language (BSL).
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.
Fintech News
DECEMBER 17, 2024
Revolut, a global neobank with over 50 million users, is set to introduce its upgraded security tool, Revolut Pay, to crypto customers in 2025, according to a CoinDesk report. The new offering aims to address the rising fraud risks in digital asset transactions. The platform, tested over a 12-month pilot, reportedly reduced fraud attempts by 50% for participating users.
Finextra
DECEMBER 17, 2024
Stablecoin payments infrastrcuture firm BVNK has secured a $50 million Series B round to expand its operations in the United States.
Finovate
DECEMBER 17, 2024
U.K.-based stablecoin infrastructure provider BVNK secured a $50 million Series B round, boosting its valuation to $750 million. The round was led by Haun Ventures with participation from Coinbase Ventures and Tiger Global. BVNK plans to launch in the U.S. next month with offices in New York and San Francisco. As living proof that the stablecoin revolution is underway, stablecoin infrastructure provider BVNK has raised $50 million.
Finextra
DECEMBER 17, 2024
Morgan Stanley is to adopt Wise's technology platform to conduct foreign exchange international settlement for its corporate customers.
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.
Fintech Finance
DECEMBER 17, 2024
Card Corporation, a leading privately-owned financial services technology company specializing in mobile banking and card payments, is pleased to announce a new collaboration with Visa to introduce Visa Direct Cross-Border payments. This agreement brings expanded access to global, fast, and secure payment options for CARD.com’s customers, aligning with its mission to deliver innovative financial solutions for its B2C and B2B White Label customers.
Finextra
DECEMBER 17, 2024
A new report from the Payment Systems Regulator shows how fraudsters exploit major platforms to scam consumers.
Neopay
DECEMBER 17, 2024
The Payment Systems Regulator (PSR) has taken a decisive step to address the soaring costs of cross-border interchange fees on card transactions. Following a detailed review , the PSR has confirmed that Visa and Mastercards substantial increases in cross-border interchange fees are harming UK businesses, with costs rising by an estimated 150-200 million annually.
Fintech Review
DECEMBER 17, 2024
By Jelle van Schaick, Head of Marketing at Intergiro The present demand for services that extend beyond standalone tools has never been greater. People and businesses nowadays want more than isolated solutionsthey seek platforms that integrate seamlessly into their workflows, centralizing their operations and automating core processes. Enter vertical financial systems , purpose-built applications designed to serve specific industries or communities.
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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.
Finextra
DECEMBER 17, 2024
The Hashgraph Group (THG), the Swiss-based international business, venture capital, and technology company, that operates exclusively within the Hedera ecosystem, has secured a fund management license through its subsidiary Hashgraph Ventures Manager Ltd in ADGM the fastest growing financial centre in the MENA region.
Fintech Finance
DECEMBER 17, 2024
FINOM , the leading European digital banking solution for SMEs and entrepreneurs, today announced the launch of an update to its e-invoicing solution in Germany. This strategic update comes ahead of Germany’s upcoming e-invoicing regulations, which will require all entrepreneurs to receive electronic invoices starting January 2025, with full mandatory e-invoicing for all businesses by 2028.
Finextra
DECEMBER 17, 2024
Account-to-account payments fintech Volume has raised $6 million to scale its operations across the UK and Europe.
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