Payments Dive
MAY 9, 2024
While the Federal Reserve won’t specify payments volume on the new instant system, executives from certified service providers Visa and Jack Henry said they’re seeing an increase.
Finextra
MAY 9, 2024
Tenity, a leading innovation ecosystem and vc-backed accelerator for early-stage startups, announced the launch of the XDC Accelerator Program and invited startups to build on the XDC Network.
The Fintech Times
MAY 9, 2024
Enumeration attacks, where threat actors use automated scripts or botnets to repeatedly submit card-not-present (CNP) transactions using different combinations of payment values, such as a primary account number (PAN), a card’s verification value (CVV2), expiration date and postal code, cause as much as $1.1billion annually in fraud losses. Recognising the significance of this type of fraud, payments giant Visa has updated its Visa Account Attack Intelligence (VAAI) with a new tool that uses gen
Finextra
MAY 9, 2024
Global mobile banking trojan attacks on Android users grew by a third in 2023, while cryptocurrency-related phishing also saw a sharp increase, according to a Kaspersky report.
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
The Payments Association
MAY 9, 2024
His Majesty’s Treasury is developing a vision and strategy for UK payments. This could herald a period of leadership of payments by the Government – if the ingredients are right.
Finextra
MAY 9, 2024
At IFGS 2024, Clare Gambardella, Chief Customer Officer at Zopa Bank, breaks down the success factors driving the UK fintech scene. From regulatory agility to consumer demand and access to funding, we discuss what sets the UK apart, major tech disruptors such as contactless payments and open banking, and the evolving needs of the next generation of consumers.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Finextra
MAY 9, 2024
Join FinextraTV at IFGS 2024 as Richard Davies, CEO of Allica Bank, sheds light on the UK's potential to become a global fintech hub. We discuss the steps the UK must take to solidify its industry leading position, including diversifying financial service providers, fostering fintech growth, nurturing global champions, and gaining insight into the role the government has in shaping the fintech ecosystem with key policy recommendations to drive innovation and scalability.
Fintech News
MAY 9, 2024
In an era dominated by digital innovation, the banking sector is evolving rapidly to meet the modern consumer’s demands for seamless and integrated financial services. This movement towards “invisible banking” marks a departure from traditional banking practices, offering a glimpse into a future where banking is an invisible, yet integral, part of daily life.
Finextra
MAY 9, 2024
Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial technology, announced today that WaFd Bank has selected CashFlow Central from Fiserv to enhance their robust small business banking offerings and streamline payments.
Fintech News
MAY 9, 2024
Singapore’s digital bank Trust announced that it has appointed Aditya Gupta as its new Chief Product Officer. Aditya steps into this role succeeding Michal Bialer, who served as Chief Product Officer from 2021 to 2023 and has since been promoted to Managing Director and Chief Product and Customer Officer. He brings a rich background with over twenty years of experience in spearheading business transformations at global banks and fintech companies.
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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?
Fintech Finance
MAY 9, 2024
A leading multinational bank, Access Bank Group , has today launched an innovative solution in collaboration with Mastercard to expand access to cross-border payments and remittances to and from the continent, bringing Africa closer to the global economy. By leveraging the network and treasury capabilities of Mastercard Move, Access Bank, through its cutting-edge Access Africa platform, shall empower individuals and businesses to enjoy instant, traceable, seamless, and cost-effective internation
FloQast
MAY 9, 2024
In the intricate dance of modern business, compliance programs serve as vital navigational guides, steering organizations through a labyrinth of regulations and risks. Compliance ensures transparency and market integrity for publicly traded companies, while private enterprises leverage potentially game-changing insights for strategic decision-making.
Bank Automation
MAY 9, 2024
Financial institutions that think about efficiency and growth when considering tech spend can respond quickly to merger and acquisition opportunities, Danny Baker, vice president of market strategy at technology provider Fiserv, told Bank Automation News. “Successful banks, when they think about their technology investment, they don’t think about efficiency from a penny-pinching [perspective],” he said.
Finextra
MAY 9, 2024
Corporate payments company Corpay is set to buy account payable automation outfit Paymerang. Financial terms have not been disclosed.
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
Fintech Finance
MAY 9, 2024
Wink Pay , a newly-launched digital payments brand in Lebanon, has collaborated with Visa , the world leader in digital payments, and Codebase Technologies to introduce the country’s first fully-digital onboarding and instant card issuance proposition for Visa prepaid virtual cards. This revolutionary service provides over 5 million Lebanese citizens with the ability to manage their payments securely and transparently for local and international purchases without needing a bank account.
Finextra
MAY 9, 2024
If you seek the trigger to lead the next leg of the crypto "bullish" market, it won't be E.
The Paypers
MAY 9, 2024
Visa has launched Visa Account Attack Intelligence (VAAI) to combat card testing attacks, reducing fraud and operational losses in real-time for US issuers.
Finextra
MAY 9, 2024
There’s no hiding from it; ransomware is once again on the rise and today’s attackers do not discrim.
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.
Finovate
MAY 9, 2024
FIS unveiled its embedded finance platform, Atelio by FIS, this week. The platform leverages FIS’ existing technology to enable businesses to embed a variety of financial products and services into their offerings. FIS made its Finovate debut at FinovateSpring in 2013. Stephanie Ferris is CEO and President. FIS is the latest company to introduce a platform to make it easier for businesses and software developers to embed financial services and fintech solutions into their products and serv
Finextra
MAY 9, 2024
Regulatory intelligence firm Cube has acquired US-based Reg-Room, the latest in a planned series of acquisitions to drive consolidation in the market for regulatory technology.
The Fintech Times
MAY 9, 2024
The Global Legal Entity Identifier Foundation (GLEIF) has approved multinational bank BNP Paribas as a ‘Validation Agent’ in its Global LEI System; enabling the bank and its clients to enjoy enhanced client onboarding and lifecycle management processes. BNP Paribas becomes the latest global financial institution to be approved as a Validation Agent, with over 15 currently operating globally.
Finextra
MAY 9, 2024
Eleven years after launching with a credit card product in Brazil, digital banking startup Nubank has transformed into a LatAm financial juggernaut, surpassing 100 million customers in Brazil, Mexico, and Colombia.
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.
Bank Automation
MAY 9, 2024
Investing platform Robinhood added more than $3.4 billion through its automated customer account transfer service in the first quarter, up 100% quarter over quarter.
Finextra
MAY 9, 2024
US card giant Mastercard, through a joint venture, has finally begun processing domestic payments in China.
Finovate
MAY 9, 2024
Finovate’s Credit Union Spotlight is back! This month at FinovateSpring – May 21 through May 23 – Finovate will host a special session to give leaders and professionals working at credit unions an opportunity to meet and network with their peers as well as with fintech innovators who are building solutions specifically for credit unions. Coordinated by Finovate Vice President and Director of Fintech Strategy Greg Palmer and Sam Das, Managing Director of TruStage Ventures, the Credit Union Spotli
The Fintech Times
MAY 9, 2024
Welcome to The Fintech Times Bi-Weekly News Roundup on Thursday 9th May 2024, bringing you the latest updates from across the world. Appointments BlueSnap , a global payment orchestration platform for B2B and B2C businesses, announced the appointment of Brian Greenfield as chief financial officer. He joins BlueSnap’s executive team to lead financial operations as the company prepares to embark on its next phase of growth.
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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.
Bank Automation
MAY 9, 2024
Jack Henry invested in automation technology, grew its client base and explored AI during its fiscal third quarter, which ended March 31. The tech provider is working on a cloud-native online deposit and loan account opening solution, Chief Operating Officer and incoming Chief Executive Gregory Adelson said during Jack Henry’s May 8 earnings call.
The Fintech Times
MAY 9, 2024
Trading 212 , an FCA-regulated online broker offering trading services, is partnering with Paynetics , the European embedded finance provider, to integrate multi-currency accounts and card payments within its trading services. As Trading 212 continues to broaden its services, its latest partnership will see it leverage the Paynetics infrastructure – enabling its customers to use their account balance for everyday spending without having to cash out.
Finextra
MAY 9, 2024
In advance of Mother’s Day, one of the most significant holidays for the cross-border payments industry, MoneyGram has launched “Make Your Mother’s Day,” a funny and memorable way to celebrate moms – no matter where they are in the world.
BioCatch
MAY 9, 2024
Working as a fraud fighter on the front lines every day, there is not a scam or threat I have not seen. What I do for work makes me skeptical of every text message, phone call or email I receive – much more than your average consumer. So, imagine when I received a call from my bank that seemed so authentic that, for a moment, I did not doubt its legitimacy.
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