Payments Dive

DECEMBER 7, 2023

Jettisoning Venmo from the retail juggernaut’s marketplace is another strike against PayPal’s recent growth efforts.

Venmo 166

Venmo PayPal 166

Finextra

DECEMBER 7, 2023

Cash usage in the UK has grown for the first time in a decade as consumers shy away from overspending on plastic payment cards during the ongoing cost of living crisis.

Consumer 119

Consumer Payments 119

The Fintech Times

DECEMBER 7, 2023

Amid the ongoing digital revolution and shifting customer preferences, embedded finance is reshaping the financial industry. Banking has transcended its traditional confines, forging innovative partnerships that prioritise convenience and accessibility. Andrew Ellis is the CEO of NatWest Boxed , a partnership between Vodeno and NatWest offering banking-as-a-service.

Embedded Finance 111

Embedded Finance Finance Non-Bank On-Demand 111

Finextra

DECEMBER 7, 2023

Flutterwave, Africa's leading payments technology company, has announced its acquisition of money transfer licenses for 13 U.S. states to enable faster, more affordable, and secure transfer of money from the United States to Africa and back.

Security 113

Security Technology Payments 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

The Payments Association

DECEMBER 7, 2023

The UK holds a strong position in the rapidly developing fintech and digital payments world, but experts are divided over whether this will lead to a major breakthrough next year.

Digital Payments 88

Digital Payments FinTech Payments 88

Payment Savvy

DECEMBER 7, 2023

Paying for healthcare expenses out of pocket can be a huge burden, especially if you are dealing with a chronic illness. According to various studies, medical expenses are the leading cause of bankruptcy in the United States. But if you have an FSA card, you can use it to help cover eligible health expenses. What Is an FSA Card? A flexible spending account (FSA) card is a special debit card that allows you to pay for approved healthcare expenses using the pre-tax money you’ve contributed t

Checks 105

Checks Online and Mobile Banking Debit Card Accounts 105

Payments Dive

DECEMBER 7, 2023

The digital payments company replaced one director and added another, increasing the representation from Sequoia Capital entities, a trade publication reported.

Digital Payments 88

Digital Payments Payments 88

The Payments Association

DECEMBER 7, 2023

Authorised push payment (APP) fraud has been steadily climbing the charts of global payment frauds with nearly £240m lost to UK consumers and businesses in the first six months of 2023.

Global Payments 88

Global Payments Consumer Payments Financial Crimes 88

Fintech News

DECEMBER 7, 2023

The Monetary Authority of Singapore (MAS) has announced its intention to revise the Policy Owners’ Protection Scheme. This initiative, currently open for public consultation , is aimed at expanding coverage, streamlining the scheme’s design, and improving operational effectiveness. Enhancing coverage The MAS suggests broadening the scheme to include mandatory third-party liability insurance for specific mobility devices like bicycles and motorised wheelchairs under the Active Mobility Act 2017.

Consulting 104

Consulting Non-Bank Authorization Settlement 104

The Payments Association

DECEMBER 7, 2023

In Britain, 13 years of Conservative government will come to an end. The US will face its most divisive, and potentially destabilising presidential election in decades. Markets will find out whether central banks have managed to control inflation and normalise interest rates, or whether a replay of the monetary turmoil of the 1970s and 1980s is on the horizon.

Economy 88

Economy Central Bank Finance Government 88

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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?

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Payments Dive

DECEMBER 7, 2023

The payments processor has hired an enterprise growth officer who will zero in on M&A, strategy and ventures for the company.

Processors 88

Processors Payments 88

The Payments Association

DECEMBER 7, 2023

While there is efforts by the BRICS countries to reduce their dependency on the US dollar as the global reserve, experts cast doubt whether the process of de-dollarisation could actually be help ease payment friction.

Process 88

Process Payments 88

Finextra

DECEMBER 7, 2023

Cash usage in the UK has grown for the first time in a decade as consumers shy away from overspending on plastic payment cards during the ongoing cost of living crisis.

Consumer 92

Consumer Payments 92

The Payments Association

DECEMBER 7, 2023

The UK and EU payments sectors continued to draw increasing regulatory scrutiny throughout 2023. Indeed, the need to deliver compliance with new regimes, such as the consumer duty in the UK, required a great deal of firm’s attention and resources throughout the year.

Regulations 88

Regulations Compliance Payments Continuity 88

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

Finextra

DECEMBER 7, 2023

Shares in PayPal fell on Thursday after Amazon said it was removing Venmo as a payment option.

Venmo 116

Venmo PayPal Payments 116

The Payments Association

DECEMBER 7, 2023

Daniel Holden explains the meaning and significance of unified commerce and why it is vital to the customer experience. Payments and commerce are complex industries, and as new technology and methods develop, that complexity increases. As the processes that companies use to conduct their business become simpler and more accessible for customers, the pressure on businesses to accommodate those developments continues to rise.

Security 88

Security Product Process Breach 88

Bank Automation

DECEMBER 7, 2023

Goldman Sachs is looking to generative AI for developer assistance, including coding purposes, and for lead generation among client-facing operations, Chief Financial Officer Denis Coleman said during Goldman Sachs 2023 U.S. Financial Services Conference on Tuesday.

AI 78

AI 78

The Payments Association

DECEMBER 7, 2023

This article was originally published by leading bank orchestration platform Numeral and recently featured in the Payments:Unpacked newsletter from Mike Chambers – subscribe for free at: www.payments-unpacked.com.

Origination 88

Origination Compliance Regulations 88

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

Finextra

DECEMBER 7, 2023

For centuries, we have seen lending and borrowing. Before banks came into picture, people used to bo.

Government 105

Government Governance 105

The Payments Association

DECEMBER 7, 2023

It’s not easy being green, especially when environmental, social and governance (ESG) obligations are mounting amid an uncertain economic picture. But businesses can no longer ignore the voices of consumers worldwide who are demanding immediate and impactful climate actions – and this is where fintechs have a vital role to play.

Consumer 88

Consumer FinTech Government Governance 88

Bank Automation

DECEMBER 7, 2023

The UK has started consulting on its proposals to oversee the cloud computing and data analytics services that banks depend on, a push that could see parts of firms like Amazon.com Inc., Alphabet Inc. and Microsoft Corp. come under the remit of the country’s financial regulators.

Consulting 75

Consulting Regulations Finance Technology 75

The Payments Association

DECEMBER 7, 2023

The Payments Association’s annual Financial Crime 360 conference took place at the Royal Lancaster Hotel in London on Tuesday, 21 November. Hundreds of industry professionals from across the payments industry heard from some of the sector’s most important voices on the ever-present issue of financial crime and its solutions.

Financial Crimes 88

Financial Crimes Crime Payments 88

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

DECEMBER 7, 2023

The Office of the Comptroller of the Currency (OCC) has issued guidance to US banks warning them to make sure that buy now, pay later loans are offered in a "safe and sound" manner.

OCC 72

OCC Office of the Comptroller of the Currency BNPL 72

The Payments Association

DECEMBER 7, 2023

As the UK continues to try and place itself as a leader in the payments industry and fintech, maintaining a degree of pace, security and efficiency must remain a priority.

Settlement 88

Settlement Payments Continuity FinTech 88

Bank Automation

DECEMBER 7, 2023

NatWest’s generative AI team is looking at hundreds of applications for the technology throughout the bank, and categorizing the use cases is part of the strategy.

AI 75

AI Use Case Technology 75

The Payments Association

DECEMBER 7, 2023

In recent years, the UK has been keen on positioning itself as a global crypto asset hub, however it’s currently facing critical obstacles which are hindering its effort.

Security 88

Security 88

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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.

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Chargebee

DECEMBER 7, 2023

Based on a benchmark report from PwC, Finance Teams continue to spend about 30-40% of their bandwidth on data collection, quality checks, and reporting. While our customers deeply appreciate the efforts and time their finance teams invest in ensuring everything runs smoothly, we’re always looking for ways to lighten their load. That’s why today, we’re excited to showcase a few recent updates from Chargebee that will help finance teams gain greater efficiency, wrap up their work more quickly, and

Finance 75

Finance Checks Continuity 75

The Payments Association

DECEMBER 7, 2023

Christien Ackroyd explains how the ethical grade concept works, covering best practices, benefits, and which banks are getting it right.

Best Practices 88

Best Practices Finance 88

Finextra

DECEMBER 7, 2023

The pain faced by fintechs in the payments space is expected to continue throughout 2024, according to an analysis by Jefferies.

Payments 81

Payments Continuity FinTech 81

The Payments Association

DECEMBER 7, 2023

Monica Eaton explores how augmented reality is used in the marketplace and what impact it might have on the payments industry.

Payments 88

Payments Innovation 88

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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