Payments Dive

MAY 3, 2024

“The value proposition of pay-by-bank is clear: merchants win from drastically lower payment costs and consumers win from lower prices,” writes one fintech executive.

FinTech 167

FinTech Consumer Payments 167

Bank Automation

MAY 3, 2024

Financial institutions that have gained agility through long-term technology investments are better prepared to complete mergers and acquisitions with limited client disruption. Technology integration during M&A activity is a customer-centric issue for banks, Danny Baker, vice president of market strategy at technology provider Fiserv, told Bank Automation News.

Automation 122

Automation Technology 122

Payments Dive

MAY 3, 2024

Artificial intelligence is speeding up store checkout in a pilot by banking tech company Diebold Nixdorf using tech to verify a customer’s age.

Verification 158

Verification 158

Finovate

MAY 3, 2024

The regulatory landscape for companies innovating in fintech and financial services is complex and ever-changing. Whether a company is developing solutions in the crypto space or seeking to take advantage of the opportunities in open banking, open finance, or Banking-as-a-Service, a comprehensive understanding of the regulatory environment is critical for success.

Compliance 113

Compliance FinTech Automation Checks 113

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

Finextra

MAY 3, 2024

In just under 4 years since the former peer-to-peer lender received its banking license, Zopa Bank has amassed £4 billion in customer deposits.

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121

Finezza

MAY 3, 2024

The lending industry has been a crucial player in financial transactions in recent years. From mortgages to personal loans and credit cards, individuals rely on lenders for their financial needs. However, amidst this reliance, a pressing issue is on the rise – identity theft, a risk that demands immediate attention. Identity theft has become a […] The post Understanding the Growing Threat of Identity Theft in the Lending Industry appeared first on Finezza Blog.

Identity Theft 96

Identity Theft Credit Cards On-Demand Risk 96

Payments Dive

MAY 3, 2024

The head of the payments company began an earnings call Thursday with a defense against a former employee’s allegations of compliance improprieties.

Compliance 78

Compliance Payments 78

NACHA

MAY 3, 2024

Nacha Statement on the Federal Reserve's Requesting Comments to Expand the Operating Days of the National Settlement Service to Include Weekends and Holidays droth@nacha.

Federal Reserve 85

Federal Reserve NACHA Settlement ACH Network 85

The Paypers

MAY 3, 2024

The Bank of Thailand has announced its initiative to launch secure and fast QR code cross-border payments between Thailand and India by Q3 2024.

Cross-Border Payments 101

Cross-Border Payments Cross-Border Payments Security 101

Bank Automation

MAY 3, 2024

Tech giant Apple reported record revenue from its services businesses, which include payments and iCloud, and is going knee-deep in its generative AI foray. “We set an all-time revenue record in services with $23.9 billion, up 14% year over year,” Chief Executive Tim Cook said during the company’s second- earnings call May 2.

Payments 80

Payments AI Digital Payments 80

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Use Case

The Fintech Times

MAY 3, 2024

As much as 75 per cent of banks are not operationally ready to participate in and implement open banking; according to the latest ‘Digital Banking Experience’ (DBX) report released by Sopra Steria and Sopra Banking Software. In the third annual report , produced in partnership with global market research firms Forrester and Ipsos , Sopra Steria and Sopra Banking Software reveal how AI, as well as new and emerging regulations surrounding open banking , are impacting how banks approac

AI 72

AI Advisors Participant FinTech 72

Bank Automation

MAY 3, 2024

Block’s Cash App profit and number of users grew in the first quarter as the payments provider integrated buy now, pay later provider Afterpay.

CashApp 78

CashApp Blocks Debit Card Acquirers 78

Paystand

MAY 3, 2024

Oracle's NetSuite is one of the top ERPs for AR departments worldwide , and it's no surprise. ERP solutions like Netsuite have boosted processes for 95% of businesses. However, picking and installing a chosen platform is only the first step. If you’ve already picked Netsuite, it’s time to upgrade your NetSuite skills.

Process 74

Process 74

Finextra

MAY 3, 2024

The head of the Financial Conduct Authority (FCA) has been summoned to parliament to explain why work on the regulator's 'naming and shaming' proposal has not been halted.

Addressing 69

Addressing Authorization Regulations 69

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

MAY 3, 2024

A few days ago, we highlighted the $25.7 million (€24.1 million) investment secured by Danish challenger bank Lunar. Also this week, we noted partnership news from Denmark-based real estate tokenization platform – and FinovateSpring alum – DigiShares. With all this Danish fintech news, we are devoting this week’s edition of Finovate Global to the fintech scene in Denmark: a Nordic country with a population of nearly six million and a per capita GDP that’s among the top te

Small Business 64

Small Business Finance Cross-Border Payments Cross-Border 64

Finextra

MAY 3, 2024

SVB Financial Group has announced that its venture capital business, SVB Capital, will be sold to an entity affiliated with Pinegrove Capital Partners.

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69

The Fintech Times

MAY 3, 2024

Welcome to The Fintech Times Bi-Weekly News Roundup on Friday 3 May 2024, bringing you the latest updates from across the world. Appointments BitGo, a custody and wallet solutions provider for digital assets, hires Brett Reeves for expansion in Europe. Most recently, Reeves served as head of business development at Bequant, a regulated digital asset Prime Broker.

FinTech 59

FinTech Small Business Non-Bank Advisors 59

Finextra

MAY 3, 2024

Payment facilitators working with the Worldpay® PayFac™ suite of services to operate their payments services can now enable Tap to Pay on iPhone for their merchants.

Facilitators 64

Facilitators Payments 64

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

MAY 3, 2024

Legacy technology remains a formidable obstacle in the mortgage market, hindering efficiency, innovation and adaptability. Outdated systems impede businesses, leaving them vulnerable to market shifts and competitive pressures. Josh Skelding is the commercial director at Fignum , a Cambridge-based software development company, specialising in loan origination and services for mortgages, motor finance, and various other loan types.

Origination 59

Origination Finance Innovation Technology 59

Finextra

MAY 3, 2024

A first for the Canadian financial industry, League Data, the CIO and technology partner for Atlantic credit unions, announced today that they have successfully converted Brunswick Credit Union to the Mambu cloud-based banking platform.

Credit Union 59

Credit Union Technology 59

The Fintech Times

MAY 3, 2024

European spend management platform Pleo has secured a €40million debt financing facility from HSBC Innovation Banking UK , the specialist financial partner for the innovation economy, enabling Pleo to offer higher credit limits to even more customers, providing greater flexibility in financial options available to them. In light of the news, Pleo plans to use the debt financing facility from HSBC to drive further growth across Europe.

Multi-Currency 59

Multi-Currency Finance FinTech Treasury 59

The Paypers

MAY 3, 2024

The Avalanche C-Chain network has integrated with payment firm Stripe , allowing verified Stripe users to buy Avalanche’s AVAX and send it to their wallets.

Payments 69

Payments 69

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

MAY 3, 2024

Tide , the UK-based business financial platform, has partnered with Adyen , the global fintech platform, to offer small and medium-sized businesses (SMBs) in Germany Tide business accounts, with eyes on further expansion across Europe in the future Tide originally announced its first foray into the European market, specifically through Germany, in March.

IBAN 59

IBAN Small Business Origination Accounts 59

EBizCharge

MAY 3, 2024

Cash flow is the lifeblood of any successful business, with the timing of income being just as crucial as its amount. The average collection period, a critical financial metric, provides insight into the efficiency of a company’s credit and collections practices. By lowering your average collection period, your company will see significant improvements to your overall cash flow.

Accounts 52

Accounts Assessments Automation Adjustments 52

Fintech Finance

MAY 3, 2024

Bottomline , a global leader in business payments, has won top honors at the annual Digital CX Awards, hosted by The Digital Banker. Bottomline won the category Outstanding Platform Implementation for Digital CX. The Digital CX Awards is the world’s only program dedicated to recognizing and benchmarking innovation in digital customer experience across the financial services sector.

Cash Management 52

Cash Management Business Payments Assessments Payment Networks 52

EBizCharge

MAY 3, 2024

EBizCharge has been awarded a Spring 2024 Leader Award by SourceForge, the world’s largest software and services review and comparison website. This award recognizes exceptional companies and products with outstanding user reviews that put them in the top fifth percentile of highly reviewed products on SourceForge. EBizCharge is honored to be a Spring 2024 Leader in B2B Payments, as this is a testament to its powerful payment software, robust suite of customized payment integrations and services

B2B 52

B2B CRM Payment Gateways Payments 52

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Fintech Finance

MAY 3, 2024

American small- and medium-sized businesses (SMBs) looking to expand abroad face harsh logistical realities, according to new research commissioned by global technology company Wise. The complexity and cost of international payments, alongside macroeconomic pressures, are cited as key barriers thwarting these businesses’ global ambitions. The research, conducted by Censuswide, polled 1,003 business leaders across the US, and shows that the economic environment SMBs face is challenging their abil

Small Business 52

Small Business International Payments Research Cross-Border Payments 52

Chargebee

MAY 3, 2024

The world of growth strategies is changing fast, and experts are paying close attention. In what’s being called the Year of Efficiency, finding the perfect balance between aggressive growth and careful operation is more critical than ever to ensure you hit your goals while keeping operating budgets in check. We’re excited to invite you to our upcoming webinar, “Vital Signs: Mastering the Art of Growth in The Year of Efficiency.” This event is designed especially for those

Checks 52

Checks 52

Fintech Finance

MAY 3, 2024

NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an agreement with the Bank of Namibia (BoN) to support them in developing an instant payment system like Unified Payment Interface, UPI stack in Namibia. This collaboration marks a strategic leap towards strengthening Namibia’s financial infrastructure and fostering inclusive economic growth.

Underserved 52

Underserved Interoperability Instant Payments International Payments 52

The Paypers

MAY 3, 2024

STC Bahrain has expanded its contactless payment options for customers by integrating Samsung Wallet into its services.

Contactless Payments 73

Contactless Payments Payments 73

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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.

Payments