Fri.May 17, 2024

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Small business clients look to Chase for data insights

Bank Automation

Small business clients looking to make data-driven business decisions within their operations don’t always know how to tap into their data, but JPMorgan Chase has created a solution to deliver these insights.

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Australia passes Digital ID Bill

Finextra

The Australian Government has passed the Digital ID Bill 2024 and Digital ID (Transitional and Consequential Provisions) Bill 2024.

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How advanced communications future-proof the fintech customer experience: 3 real-world examples

The Payments Association

To maintain a competitive edge, Fintech brands must cultivate strong customer relationships rooted in trust and satisfaction. Superior communication tools allow them to optimize message delivery, scale business operations, enhance CX, and deepen customer trust.

FinTech 88
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Hungary-Based Customers Display ‘Real Appetite’ for Carbon-Conscious Banking Features, OTP Reveals

The Fintech Times

Customers of Hungary-based commercial bank OTP have been making good use of the bank’s new carbon tracker in the first six months; clocking up over 600,000 visits to the feature. Green fintech Cogo ‘s opt-in carbon feature is powered by its carbon footprint methodology which is integrated into the OTP banking experience. OTP is among the first banks in Hungary to introduce a carbon management feature for customers.

FinTech 105
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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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Revolutionising SME finance: The imperative alliance between financial institutions & fintech innovators

The Payments Association

The article highlights the growing trend of SMEs turning to fintech solutions due to limitations of traditional banking. It advocates for collaboration between financial institutions and software providers to streamline operations and meet evolving market demands.

FinTech 88
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CFPB should reconsider prepaid rule

Payments Dive

The Consumer Financial Protection Bureau should revisit its rule affecting digital wallets, peer-to-peer payments and prepaid cards, writes one fintech group leader.

Rules 88

More Trending

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Central banks seek firms for cross-border payment project

Payments Dive

The Bank for International Settlements is seeking private sector participation in a smart-contract project designed by seven central banks to improve cross-border payments.

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HSBC taps Ember to give small business customers financial insights

Finextra

HSBC UK has partnered with accounting-software fintech Ember to create an innovative insights tool designed for small businesses.

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75% of global banks unprepared for open banking

Bank Automation

Most financial institutions are not ready for open banking, but the tedious task of prepping bank platforms can be streamlined with AI. Three-quarters of banks are not operationally ready for open banking, according to the 2024 Digital Banking Experience Report released May 16 by Sopra Banking’s IT services provider, Sopra Steria.

AI 75
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The DeWealth Revolution: How Blockchain is Driving Digital Transformation in Wealth Management

Finextra

The blockchain revolution in the wealth management landscape is already underway, and offers a more.

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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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Payarc Partners with AWS to Develop Payments Artificial Intelligence Platform

Fintech Finance

Payarc , a leader in innovative payment processing solutions, announces it is working with Amazon Web Services (AWS) to enhance business intelligence for its clientele. Leveraging AWS machine learning, generative artificial intelligence (gen AI), analytics, security, and business intelligence technologies such as Amazon Macie, Amazon SageMaker, Amazon Redshift, data lake Foundation on AWS, Amazon QuickSight, Amazon QuickSight Q, and Amazon Q, Payarc aims to redefine financial data analysis in th

AI 72
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Brex CFO mulls long-term IPO scenario

Payments Dive

The prevailing attitude among companies seeking to go public is to achieve profitability beforehand, Ben Gammell said.

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72% of Consumers Worry About Becoming a Victim of Fraud Due to Deepfakes, Jumio Finds

The Fintech Times

The rapidly increasing prevalence of AI-generated content and deepfakes has left many questioning everything they see online. In fact, as much as 72 per cent of consumers worry on a day-to-day basis about being fooled by a deepfake into handing over sensitive information or money. New data from Jumio , the automated, AI-driven identity verification and compliance solutions provider, comes from its new 2024 Online Identity Study , the third instalment of its annual global consumer research.

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BlueSnap Named a 2024 Fast 50 Company by Boston Business Journal for 4th Year in a Row

BlueSnap

The Boston Business Journal has named BlueSnap to its exclusive 2024 Fast 50 list for the fourth consecutive year. The BBJ’s Fast 50 list represents the 50 fastest-growing private companies in Massachusetts. “This honor is a phenomenal testament to the commitment and enthusiasm of the team at BlueSnap,” said Henry Helgeson, CEO of BlueSnap.

Posting 68
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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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TAT and Alipay+ launch digital travel innovations

The Paypers

The Tourism Authority of Thailand (TAT) has expanded the partnership with Alipay+ with new developments aimed at enhancing the travel experience in Thailand.

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A Look Back on Highlights From Money20/20 Asia

The Fintech Times

Money20/20 , the leading fintech show, concluded three days of fintech conversations, networking and industry nights from 23 to 25 April in Bangkok, Thailand – and is now sharing some of its favourite highlights. The Money20/20 Asia show welcomed over 3000 attendees, who traveled from 87 countries including 24 countries in APAC. Over 250 speakers from across Asia shared four incredible stages.

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TCF 2024 day 2: ESG, AI, and the market outlook

Finextra

Benjamin Ensor, director of research and strategy at 11:FS, moderated the first panel of the day to look at a market updates. He was joined by Kanika Hope, chief strategy officer, Temenos; Dan Broten, chief technology officer, EQ Bank; and Rob Keijsers, chief digital and information Officer, ASA International.

AI 64
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BVNK integrates PayPal USD stablecoin into payments platform

The Paypers

BVNK , a UK-based payments infrastructure provider, has integrated the stablecoin PayPal USD (PYUSD) into its platform.

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Enhance Customer Value: Unleash Your Data’s Potential

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.

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Aeropay Lands $20 Million to Fuel Pay-by-Bank

Finovate

Aeropay raised $20 million in new funding for its pay-by-bank technology. The round, which boosts Aeropay’s total funding to $25 million, was led by Group 11. Aeropay also announced the launch of Aerosync, the company’s internally developed bank aggregator. Chicago-based payments company Aeropay announced today it has landed $20 million in new funding.

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ABHI Offers Earned Wages Access Users in the UAE Access to Mastercard-Powered Salary Advance Cards

The Fintech Times

Thanks to a new partnership with payments giant Mastercard , ABHI , an embedded finance platform backed by Hub71 , is offering its users access to Mastercard’s ‘Salary Advance Cards’ ABHI explained it hopes the move will make international and domestic online payments more accessible for its earned wage access (EWA) users. Users will now be able to order the new Mastercard-powered card using the ABHI mobile app or 24/7 call centre.

Visa 59
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On the rise in China: Reverse consumption

PayXpert

What is the concept of “reverse consumption”? Reverse consumption diverges from conventional consumption by advocating against the blind pursuit of brands or costly items. Instead, it prioritises practicality, product quality, cost-effectiveness, and consumer experience, ultimately aiming for "value for money." This trend is particularly prominent among China's younger generation, signifying their departure from traditional consumption norms and embracing values like rationality, eco-friendlines

Product 59
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bunq Bolsters AI-Driven Banking With AI Chatbot Upgrade, and Leverages Embedded Insurance With Qover

The Fintech Times

European neobank bunq has joined forces with insurtech firm Qover , to give its users across seven markets access to worldwide, one-time activation travel insurance. The neobank has also successfully upgraded its user-facing assistant ‘Finn’, making it fully conversational. Qover’s agility and expertise in embedded insurance solutions enabled this onboarding.

AI 59
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Top Strategies to Future-Proof & Sustain Your Merchant Services Portfolio

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.

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audax Financial Technology and Paymentology partner for card-as-a-service solution

Finextra

Paymentology, the leading next-gen global issuer-processor, today announced a strategic partnership with audax Financial Technology (“audax”), a comprehensive digital banking technology solutions provider backed by Standard Chartered Ventures. This collaboration transforms the payments landscape in Southeast Asia and the Middle East and allows financial institutions (FIs) to seamlessly launch and manage their own branded card program in a matter of months.

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Top 10 Data Extraction Tools in 2024

Nanonets

Every company has tons of data, but it is hidden in PDF files or your employees' email attachments. Successful companies make data-driven decisions, and that is possible because of data extraction and analysis tools. This article examines the top 10 data extraction tools and their pros and cons. By the end, you will be equipped to select the best data extraction software according to your requirements.

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PhonePe partners LankaPay on UPI payment acceptance in Sri Lanka

Finextra

PhonePe, today announced that it has enabled UPI payment acceptance in collaboration with LankaPay across LankaQR merchant points at a grand event held in Colombo.

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Stop Invoice Invisibility: Unleash Growth with Seamless Invoice Automation

Evolve Payment

Table of Contents Imagine This: Your business is thriving, but you’re wasting precious hours on manual invoicing. This struggle is all too common for small and medium enterprises (SMEs). In the consumer -driven market, streamlining operations is crucial, and outdated invoicing practices can become a bottleneck. Imagine you’re a home maintenance company, managing a steady stream of clients and projects.

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Deliver Mission Critical Insights in Real Time with Data & Analytics

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.

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Payments modernisation: What are financial institutions prioritising?

Finextra

Watch this webinar, hosted in association with Volante Technologies, to discover why cloud equals capabilities and how organisations are allocating their modernisation budgets.

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PayDo Expands Currency Range for SWIFT Transactions

Fintech Finance

PayDo , a leading Electronic Money Institution, proudly announces the expansion of its SWIFT service capabilities to include 11 new currencies. This strategic enhancement enables PayDo to offer more versatile and inclusive financial services across global markets. With 24 currencies in total, PayDo corporate and individual clients now get a new frontier within international payment solutions.

SWIFT 52
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Over 600,000 OTP customers visit its carbon tracker

Finextra

OTP customers are showing just how keen they are to measure their carbon footprint with over 600,000 visits to the bank’s carbon tracker in its first six months. The opt-in feature is powered by the green fintech, Cogo’s, carbon footprint methodology which is seamlessly integrated into the banking experience.

FinTech 52
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DTCC completes blockchain pilot with Chainlink

The Paypers

The Depository Trust and Clearing Corporation ( DTCC ) has completed a pilot project with blockchain oracle Chainlink and US-based financial institutions.

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Secure SaaS Success: Embedded Finance as a Competitive Advantage

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.