The Fintech Times

MAY 17, 2024

Consumer payment preferences are constantly evolving, meaning firms need to adapt to cater to these needs. At the Visa Payments Forum in San Francisco, Visa has unveiled new products which will address the evolving consumer payments demands. Jack Forestell, chief product and strategy officer, Visa “The industry is at a pivotal point – new technologies like Gen AI are rapidly shifting how we shop and manage our finances,” said Jack Forestell , chief product and strategy officer, Visa.

Product 128

Product Consumer Online and Mobile Banking RTP 128

Bank Automation

MAY 17, 2024

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.

Small Business 124

Small Business 124

Finextra

MAY 17, 2024

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

Government 145

Government Governance 145

The Payments Association

MAY 17, 2024

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

FinTech Consumer Payments 88

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

The Fintech Times

MAY 17, 2024

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 104

FinTech Innovation Posting Product 104

The Payments Association

MAY 17, 2024

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

FinTech Innovation Finance Cross-Border Payments 88

The Payments Association

MAY 17, 2024

At PAY360, video interviews with industry leaders highlighted the evolution of payment technologies, ESG integration, and digital accessibility.

Innovation 88

Innovation Payments Technology Product 88

Payments Dive

MAY 17, 2024

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.

Cross-Border Payments 78

Cross-Border Payments Cross-Border Central Bank Settlement 78

Finextra

MAY 17, 2024

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

Small Business 94

Small Business Innovation Accounts FinTech 94

Bank Automation

MAY 17, 2024

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

AI Service Provider CFPB 75

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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?

Use Case

Finextra

MAY 17, 2024

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

Blockchain 106

Blockchain 106

Fintech Finance

MAY 17, 2024

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

AI Payments Process Innovation 72

Payments Dive

MAY 17, 2024

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

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78

The Fintech Times

MAY 17, 2024

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.

Deepfake 68

Deepfake Identity Theft Consumer Verification 68

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

BlueSnap

MAY 17, 2024

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 67

Posting 67

The Paypers

MAY 17, 2024

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

Innovation 78

Innovation Authorization 78

Finextra

MAY 17, 2024

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

AI Research Technology 64

The Fintech Times

MAY 17, 2024

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.

Cross-Border Payments 63

Cross-Border Payments Cross-Border APACS Financial Inclusion 63

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 Paypers

MAY 17, 2024

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

Stablecoins 85

Stablecoins PayPal Payments 85

Finovate

MAY 17, 2024

This week, Finovate Global looks at recent fintech developments in France. French start-up Lydia announced the launch of a new digital banking brand this week. Named Sumeria , Lydia plans to invest more than €100 million in the new initiative, as well as hire 400 people over the next three years. Sumeria, according to a post on LinkedIn, offers 4% interest and is designed to be a “simple and accessible banking super app. “We are convinced that technology (cloud, mobile) is not an end

Cross-Border 59

Cross-Border P2P Cross-Border Payments Visa 59

PayXpert

MAY 17, 2024

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

Product Consumer 59

Finovate

MAY 17, 2024

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.

Payment APIs and Integration 59

Payment APIs and Integration Payment Networks API Compliance 59

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

Finextra

MAY 17, 2024

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.

Technology 59

Technology Processors Issuers Payments 59

The Fintech Times

MAY 17, 2024

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 58

Visa Financial Inclusion Embedded Finance Payroll 58

Finextra

MAY 17, 2024

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.

Payments 59

Payments 59

The Fintech Times

MAY 17, 2024

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 58

AI Process Automation Finance 58

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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.

AI

Finextra

MAY 17, 2024

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

Payments 52

Payments Technology 52

Nanonets

MAY 17, 2024

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.

Automation 52

Automation Database Process API 52

Finextra

MAY 17, 2024

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

FinTech 52

Evolve Payment

MAY 17, 2024

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.

Automation 52

Automation Process Faster Payments Innovation 52

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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.

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