Mon.Oct 23, 2023

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BIS advances oversight structure for broader faster payments ecosystem

Payments Dive

In the interest of faster, cheaper and more transparent cross-border payments, the Bank of International Settlements last week produced an interim report aimed at developing a governance structure for an interlinked faster payments system.

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Ethical credit: Financing a sustainable future 

The Payments Association

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

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Visa faces remaining litigation exposure of up to $4B

Payments Dive

That’s the maximum amount of money the card network estimates may yet result from claims brought against it years ago by merchants who argue they were overcharged for card transaction processing.

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Blockaid secures USD 33 mln Series A funding

The Paypers

US-based blockchain security startup Blockaid has secured USD 33 million in Series A funding to scale its technology aimed at stopping malicious transactions.

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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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Do low-income consumers need more digital payments protection?

Payments Dive

“Big gaps in the law” are leaving the financially vulnerable open to harms from digital payments, one law professor argues in a recent Georgetown Journal on Poverty Law & Policy paper.

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Highnote’s John MacIlwaine?—?On Unlocking the Embedded Finance Opportunity

Wharton Fintech

Highnote’s John MacIlwaine — On Unlocking the Embedded Finance Opportunity In today’s episode, Rhea Advani hosts John MacIlwaine, Co-Founder & CEO at Highnote. They delve into the evolving payments processing space, emphasizing the rise of innovative embedded finance platforms like Highnote. The conversation also unveils insights into Highnote’s latest Credit Issuing product.

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Phixius by Nacha Surpasses 4 Million Account Validations

NACHA

Phixius by Nacha has successfully validated information for more than 4 million accounts since its first validation in March 2021. This accomplishment highlights its pivotal role helping customers of all sizes with Nacha rule compliance, as well as risk management.

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Why payments to government agencies should be easier

Payments Dive

“Increasingly, government agencies — and the people they serve — need a payments system that is connected across departments and jurisdictions,” writes one payments executive.

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Variable Expense Ratio: What Is It And How To Calculate It?

Nanonets

Variable expenses are costs that fluctuate directly to changes in production or sales. These costs increase as a company produces and sells more goods or services and decrease when production or sales decline. Variable expenses commonly include materials, labor, and direct overhead for producing goods or services. By expressing the variable expense ratio as a percentage of sales revenue, businesses can assess the impact of variable costs on their profitability.

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First-time shopper or fraudster? How Signifyd helps Adobe Commerce retailers get it right

Payments Dive

For retailers, the flurry of first-time shopper activity can also look like fraud.

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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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What is Disbursement? How It Works, Examples & FAQs

Nanonets

A disbursement refers to paying out or distributing money or funds from a source to recipients. It typically involves releasing funds for specific purposes, such as paying bills, making payments to suppliers, settling loans, or disbursing wages or salaries to employees. Disbursements can occur in various contexts, including personal finance, business operations, government expenditures, and financial institutions like banks and investment firms.

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Plata partners with Entersekt

The Paypers

Mexico-based Plata has partnered with authentication solutions provider Entersekt to increase the security of its credit card with 3-D Secure payment authentication.

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Jumio launches new fraud prevention technology

The Paypers

US-based company Jumio has announced the launch of its new AI-driven fraud prevention technology, in order to identify fraud patterns more accurately.

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EBA and ESMA consult on two sets of joint guidelines under MiCA

The Paypers

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have published a Consultation Paper on two draft Joint Guidelines.

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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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Airtel Money, TerraPay offer mobile money for Tanzanian travellers in UAE

The Paypers

Airtel Money Tanzania and TerraPay have introduced an international remittance service, allowing the former’s customers to transact using their Airtel Money accounts in the UAE.

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Hokodo and Balance to extend cross-border payment terms

The Paypers

UK-based B2B Buy Now, Pay Later (BNPL) solution provider Hokodo has partnered with US-based B2B payments platform Balance.

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Q2 partners with Mastercard

The Paypers

US-based digital transformation solution provider Q2 has announced its partnership with Mastercard in order to offer Helix customers debit and prepaid card programs.

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Thought Machine partners with Form3

The Paypers

Cloud-native banking technology company Thought Machine has partnered with Form3 in order to offer real-time payment technology to the US and European markets.

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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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GoTo Financial partners with Bank Jago

The Paypers

GoTo Financial has partnered with Indonesia-based Bank Jago to launch GoPay Tabungan by Jago, a bank account for daily transactions.

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Experian partners with Moneythor to support financial institutions

The Paypers

Australia-based information services company Experian has partnered with Moneythor to provide data-driven solutions for financial institutions.

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