Payments Dive
SEPTEMBER 4, 2024
Some customers deposited bad checks and immediately withdrew funds before the checks bounced in a glitch that went viral on TikTok. Now, some users have holds on their accounts.
The Payments Association
SEPTEMBER 4, 2024
FMPay, a licensed payment provider, has launched to offer small businesses in the UK a secure and straightforward way to handle payments. With no monthly fees, competitive transaction rates, multi-currency processing, and advanced fraud protection, FMPay aims to empower small businesses to grow by providing cost-effective, reliable, and transparent payment solutions, supported by a dedicated team.
Finextra
SEPTEMBER 4, 2024
The UK's Competition Appeals Tribunal has given the go-ahead for a $4 billion class action lawsuit brought by UK businesses over Mastercard and Visa multilateral interchange fees.
Fintech News
SEPTEMBER 4, 2024
Eight fintech startups from Southeast Asia have been named among this year’s Forbes Asia 100 to Watch list, recognized for capturing investors’ attention, securing substantial backing, and achieving significant success. These companies, which represent countries such as Malaysia, the Philippines and South Korea, are tackling challenges in sectors such as lending, banking, and business finance, leveraging innovative business models and cutting-edge technologies to boost efficiency and enhan
Speaker: Jennifer Wright and Nick Barron
Navigating the complexities of e-commerce requires more than just the right technology - It demands a holistic strategy that aligns platform capabilities with customer- centric design and marketing. This webinar will provide a roadmap for building a robust e-commerce strategy, guiding you through key decisions from platform selection to creating user experiences that convert, and leverage digital marketing to reach and retail customers.
Payments Dive
SEPTEMBER 4, 2024
Due to lax authentication practices, a thief or hacker can easily add a stolen credit card to their own digital wallet, the study concluded.
Finextra
SEPTEMBER 4, 2024
Tide, the UK’s leading business financial platform, has reached one million customers (members) globally, a significant milestone for the Company.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Fintech Finance
SEPTEMBER 4, 2024
Mollie, one of Europe’s fastest-growing financial service providers, has appointed Dave Smallwood as its UK Managing Director. This appointment comes as the company scales its UK operations following triple-digit year-on-year growth in the first quarter of 2024. A fintech veteran with over two decades of experience at industry giants including American Express, PayPal, and Super Payments, Smallwood will spearhead the unicorn’s ambitious goal to become the UK’s leading financial service pro
Payments Dive
SEPTEMBER 4, 2024
The iGaming payments platform is looking to expand on its “robust” performance in the first half of the year with the appointment of new financial leadership.
Fintech Finance
SEPTEMBER 4, 2024
Open Payment Technologies Ltd , a payments service processor, has today announced the expansion of its digital wallet services, Kuady , into Argentina. It brings an advanced, user-friendly experience that ensures secure and efficient money management through an e-wallet app. Following successful launch in Peru and Chile, Kuady’s expansion into Argentina will provide global organisations with further access to the Latin American market.
Fintech News
SEPTEMBER 4, 2024
Global neobank Revolut has launched a new feature called BillPay , aimed at helping businesses streamline their bill management and payment processes. The new service allows businesses to automate tasks like data extraction, approvals, and syncing with accounting software, reducing the need for manual input and saving time. BillPay integrates with popular accounting platforms such as Xero, FreeAgent, and Quickbooks Online, enabling users to automatically pull bills from these systems or upload t
Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms
Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for
Fintech Finance
SEPTEMBER 4, 2024
Paymentology , the leading global issuer processor, today announces a continuation of its partnership with Zambian fintech, Union54 , a company dedicated to providing secure messaging and instant payment systems. Building on the recent launch of Union54’s ChitChat —a messaging app with an integrated payment wallet—this collaboration introduces a USD virtual Mastercard debit card to the platform.
Fintech News
SEPTEMBER 4, 2024
The Securities and Exchange Commission (SEC) in Thailand announced upcoming regulatory changes concerning the use of digital asset payments. Beginning 6 September, restrictions on using digital assets as payment will be eased, and digital asset businesses under SEC supervision will be able to participate in the Bank of Thailand’s Programmable Payment Sandbox.
Fintech Finance
SEPTEMBER 4, 2024
Almost £60 million has been reported stolen through card fraud over the past three years in the UK according to new research from Trustly, the global leader in open banking payments. The figures were obtained via a freedom of information request sent to the National Fraud Intelligence Bureau run by City of London Police. Credit card fraud is the most costly and common type of card fraud, according to Trustly’s research.
Fintech News
SEPTEMBER 4, 2024
Indonesian ride-hailing provider GoTo Group is pulling out of Vietnam, abandoning a market where it faced fierce competition, as it sharpens its focus on reaching profitability in its core operations in Indonesia and Singapore. Vietnam’s ride-hailing market remains competitive, with Grab as the current leader and local player Be Group emerging as a strong contender.
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.
Fintech Finance
SEPTEMBER 4, 2024
UNIPaaS , a leading Payment as a Service (PaaS) provider, has announced a new partnership with American Express that will enable more small and medium-sized businesses (SMBs) to offer their customers the option of paying invoices with Amex Cards through its platform. UNIPaaS powers Software as a Service (SaaS) platforms’ payment services with a white-labelled, fully managed solution, allowing them to easily offer a unified and seamless acceptance of all relevant payment methods to
Finextra
SEPTEMBER 4, 2024
Revolut's head of business says the fintech is 'agressively doubling down" on the B2B market as annual revenues at the unit surpass $500 million.
Fintech Finance
SEPTEMBER 4, 2024
Bank payment company GoCardless has completed the acquisition of Sentenial Ltd, operating under the Nuapay brand, from EML Payments Limited (ASX: EML). The deal, which was announced in March , will significantly scale GoCardless’ indirect channel proposition and fast-track the rollout of new capabilities that will enable customers to send as well as collect money through GoCardless.
FloQast
SEPTEMBER 4, 2024
In the fast-paced world of healthcare, operational efficiency and robust compliance are non-negotiable. For The Joint Chiropractic (NASDAQ: JYNT), 2021 marked a pivotal year as they embarked on a journey to enhance their accounting operations by integrating FloQast into their processes. The impact proved transformative, dramatically improving their Close process , enhancing workflow visibility, and expediting reporting.
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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.
Fintech Finance
SEPTEMBER 4, 2024
Fime , a global leader in consulting, testing, and certification services, is excited to announce the acquisition of Consult Hyperion , a renowned consultancy firm with expertise across payments, smart mobility and digital identity. The acquisition augments and cements Fime’s ability to deliver comprehensive consulting and advisory services—from ideation to implementation and testing—across these key sectors.
The Fintech Times
SEPTEMBER 4, 2024
Developers working with AI reportedly feel ‘overwhelmingly positive’ about its benefits to business strategy, according to the new ‘2024 API Impact Report’ from Kong Inc , a developer of cloud API technologies. These new findings from Kong suggest that there has been a shift in public perception, with developers choosing to embrace AI instead of fearing it.
Fintech Finance
SEPTEMBER 4, 2024
Issuer processing powerhouse Enfuce today announces its strategic partnership with Saldo Bank to launch the bank’s first payment card programme, in a groundbreaking collaboration set to accelerate the neobank’s growth journey in the banking sector across the Nordics and the Baltics. This announcement underscores Enfuce’s commitment to supporting both digital and legacy banks across Europe, including clients such as Kvika Bank, Alisa Bank, Memo Bank, and Indo Bank, in quickly adapting to the ever
Bank Automation
SEPTEMBER 4, 2024
Today, API-connected data access network Akoya teamed up with credit infrastructure and analytics company Nova Credit to allow lenders to deploy cashflow and income data. This will ultimately improve credit decisioning, Misha Esipov, co-founder and chief executive at Nova Credit, told Bank Automation News today. “We have an API connection with Akoya, where customers can […] The post Transactions: Akoya, Nova Credit team up on financial access appeared first on Bank Automation News.
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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.
Fintech Finance
SEPTEMBER 4, 2024
Fingular , which launched first-in-Malaysia digital lending business under the Tambadana brand, attracted significant attention in recent months after it announced that it had obtained a digital lending license and that it achieved a break-even in just 9 months after launch. Developed with unparalleled dedication in just three months, AhaPay is set to revolutionize the way Malaysians shop.
Bank Automation
SEPTEMBER 4, 2024
The Consumer Financial Protection Bureau is expected to finalize its Section 1033 regulation on open banking this fall, and financial institutions are weighing in on the standardization as innovation and institution readiness play a factor. As FIs give their thoughts on the regulation, it’s worth noting that they won’t know the official deadlines and requirements […] The post FIs weigh in on US open banking regulation appeared first on Bank Automation News.
Fintech Finance
SEPTEMBER 4, 2024
Zimpler , a leading provider of instant bank payment solutions, has appointed Daniel Strömberg as its new Chief Operating Officer (COO). Strömberg, an experienced executive with a history of driving success in finance, tech, and eCommerce, joins Zimpler during a crucial period of growth. Daniel Strömberg joins as Chief Operating Officer (COO), reporting to Zimpler’s CEO Johan Strand, and is part of the company’s leadership team.
The Fintech Times
SEPTEMBER 4, 2024
2024 is proving another standout year for the regulatory space, finding itself under the spotlight, for better and worse reasons. This month, The Fintech Times will look at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the fintech world fairer and safer.
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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.
Fintech Finance
SEPTEMBER 4, 2024
Jack Henry (Nasdaq: JKHY) has announced a collaboration with Moov , a modern digital payments processor, to enable community and regional financial institutions to offer enhanced digital payment services to small and medium-sized business (SMB) customers. The cloud-native service will allow SMBs to accept payments with the tap of a phone, receive same-day funds for payments accepted, and automate reconciliations to accounting software packages.
The Fintech Times
SEPTEMBER 4, 2024
The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Wednesday 4 September 2024. Appointments Malcom Finance ( formerly 4Trans) , a fintech company specialising in financial services for supply chain and logistics SMEs, has appointed the founder of Twisto as a non-executive director. Michal Šmída will actively participate in shaping the company’s strategy, leveraging his extensive experience in building and scaling successful fintech busin
Fintech Finance
SEPTEMBER 4, 2024
Visa today announced that it is applying the company’s infrastructure, technology and capabilities to account-to-account (A2A) payments, giving consumers more control and protection on how they pay via bank transfers. Visa A2A debuts in the UK in early 2025 and will give consumers a smarter, digital user experience, advanced security features, and an easy-to-use dispute resolution service that represents a significant upgrade to the current pay-by-bank experience and aims to help people get thei
Finextra
SEPTEMBER 4, 2024
Morgan Stanley has made a strategic investment in 3Forge, a provider of code platforms for building mission-critical applications in financial services.
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.
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