Thu.Nov 07, 2024

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How Trump’s administration may rework payments policies

Payments Dive

The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.

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Engaging Gen X: Customized Self-Service Bill Pay Solutions

Payments Next

By Anne Hay, EVP & Chief Marketing Officer, PayNearMe Born in the 1980s and 90s, Gen Xers were considered technology pioneers. They The post Engaging Gen X: Customized Self-Service Bill Pay Solutions first appeared on Payments NEXT.

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Bhutan Airlines Announces Partnership with FinMont, the Global Payment Orchestration Platform

Fintech Finance

Bhutan Airlines is pleased to announce a new partnership with FinMont, a leading global payment orchestration platform. The leading airline has chosen FinMont global solution to provide a secure payment gateway incorporating a wide range of payment methods and ensuring a seamless customer transaction process. The founders of German airline, Hahn Air, launched FinMont to offer the travel industry a unique solution that, unlike other options available, streamlines not only B2C payments but also

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Paze gets new leader amid slow start

Payments Dive

Early Warning Services, the bank-owned company that operates Paze, tapped a new leader last month for the digital wallet operation after slow progress in launching the new service.

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15 Modern Use Cases for Enterprise Business Intelligence

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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Making payments can be difficult—until they aren’t.

Basis Theory

Building a robust system to automate merchant payments can result in efficient money management and supplier relationships.

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FTC sues fintech Dave over marketing, fees

Payments Dive

The Federal Trade Commission filed a complaint Tuesday alleging the fintech rarely disbursed the advertised loan amount and charged consumers a “tip” without giving them the ability to opt out of it.

More Trending

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UBS pilots blockchain-based payment system

Finextra

UBS has successfully piloted a blockchain-based payment system, UBS DIgital Cash, designed to improve the speed and efficiency of cross-border transactions for corporate and institutional clients.

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Superapp Enabler Boxo and Nium to Launch White-Label Remittance Platform

Fintech News

Boxo, a superapp enabler, and global payments infrastructure provider Nium have joined forces to launch a new white-label remittance platform for mobile apps. This platform allows mobile app developers to easily integrate international money transfer services into their existing platforms via Boxo’s software development kit (SDK). This provides users with a seamless and cost-effective way to send money across borders.

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Cross River drops lawsuit against Fiserv unit

Payments Dive

The Fort Lee, New Jersey-based lender dismissed a lawsuit that it had filed against First Data Merchant Services last year.

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OCBC rolls out P2P pay-to-wallet service for cross-border remittances

Finextra

OCBC has used Visa Direct to become the first mobile banking app in Asia Pacific to let customers send near-instant peer-to-peer transfers to both Weixin Pay (WeChat Pay) and Alipay using just the recipient’s China national identification name and China mobile number.

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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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Fintech Excellence Awards Winners Revealed at SFF 2024

Fintech News

The Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) have announced the winners of the Fintech Excellence Awards. The awards celebrate innovative contributions by financial institutions, fintech firms, solution providers, and individuals to the financial services sector. Jointly organised with SFA and supported by PwC Singapore, the awards aim to highlight cutting-edge fintech solutions that drive growth, enhance financial inclusion, and improve the delivery of f

FinTech 70
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Ant International Deploys AI to Streamline and Protect Cross-Border Transactions for Nearly 100 Million SMEs Worldwide

Fintech Finance

Ant International, a leading global digital payment and financial technology provider headquartered in Singapore, has been intensifying its integration of Artificial Intelligence (AI) technologies to enhance and secure millions of daily cross-border transactions for merchants across over 200 global markets. “Integration of AI into the processing of cross-border transactions is of critical importance to further strengthening global trade and commerce, especially for SMEs who up to now can’

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XTransfer Showcases Cross-Border Payment Solutions at SFF 2024

Fintech News

XTransfer, a B2B cross-border payment platform, made its debut at the Singapore Fintech Festival (SFF) 2024 as a Gold Sponsor. The company aims to expand its presence in Southeast Asia, offering secure and efficient payment solutions to SMEs in the region. XTransfer’s CEO, Bill Deng, spoke at several panel discussions and explored collaborations with international financial institutions.

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Breakthrough Payment Orchestrator BR-DGE Appoints Chun Ong as Chief Operating Officer

Fintech Finance

Breakthrough payment orchestration provider BR-DGE has appointed Chun Ong as its new Chief Operating Officer, as the company scales rapidly to meet unprecedented demand for its pioneering and modular services. With BR-DGE now processing millions of transactions monthly on behalf of high-volume customers spanning travel, ecommerce, gaming and other sectors, Chun’s appointment comes at a critical time for the business.

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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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Behind the Idea: Carmoola

The Fintech Times

The UK car finance sector has often relied on dealership-based lending, bringing added fees and commissions that some consumers find restrictive. Carmoola , a direct-to-consumer fintech, recently secured a £100million debt deal with NatWest , positioning itself to offer a different approach, with rates it says are more competitive and accessible. In this week’s Behind the Idea, CEO and co-founder Aidan Rushby delves into Carmoola’s journey, the challenges of building a new finance model, a

Finance 64
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Banks’ Scam Warnings Failing to Stop Customers from Taking Risks to Make Payments

Fintech Finance

The friction banks apply to instant bank transfers to slow down payments and protect customers from scams is ineffective and overlooked by users, according to new research* of 2,000 UK adults by Tunic Pay , an anti-fraud fintech company helping household-name UK banks detect and prevent scams before they happen, and Opinium, the market research consultancy.

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Nium partners blockchain-based Partior on cross-border payments

Finextra

Cross-border B2B payments operator Nium has formed a partnership with Partior, the blockchain-based fintech for clearing and settlement.

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Digital Lending Report Unveiled at Philippines Pavilion During SFF 2024

Fintech News

The Philippines made a strong showing at the Singapore Fintech Festival (SFF) 2024 , held from 6 to 8 November, under the “Bagong Pilipinas” pavilion. The initiative involves key government agencies such as the Bangko Sentral ng Pilipinas (BSP), Securities and Exchange Commission, Department of Finance, Department of Trade and Industry, Department of Information and Communications Technology (DICT), and Land Bank of the Philippines.

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Top Strategies to Future-Proof & Sustain Your Merchant Services Portfolio

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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Africhange Secures IMTO Licence to Streamline Remittance to Nigeria

Fintech Finance

Africhange , a leading cross-border remittance service provider, announced today that its Nigerian subsidiary, Currenzo , has secured the International Money Transfer Operator [IMTO] licence from the Central Bank of Nigeria [CBN]. This strategic move significantly improves Africhange’s ability to facilitate inward remittances for immigrants and diaspora communities sending money to Nigeria.

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Three Teams Win Top Honours at MAS Global Fintech Hackcelerator 2024

Fintech News

The three winners of the Global Fintech Hackcelerator 2024 has been announced at the Singapore Fintech Festival (SFF). The hackcelerator was organised by the Monetary Authority of Singapore (MAS) in collaboration with the Global Finance & Technology Network ( GFTN ). This year’s theme centered on “Improving Financial Health” and drew 77 proposals from over 10 countries.

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TerraPay Teams up With Suyool to Enhance Financial Accessibility in Lebanon

The Fintech Times

Money movement firm TerraPay is aiming to enhance financial accessibility in Lebanon through a new partnership with Suyool , a licensed financial ecosystem regulated by Banque du Liban. Through the new partnership, TerraPay and Suyool are aiming to address the growing demand for fast, secure, and convenient remittance services in Lebanon. Lebanon remains heavily reliant on remittances, with over $6.5billion transferred to the country in 2023.

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Inside look: BNY’s Nvidia-built AI factory

Bank Automation

BNY has tapped Nvidia to build an AI factory to increase its computational power and deploy gen AI more efficiently within its operations. Nvidia AI factories are a set of graphic processing units (GPUs) embedded with Nvidia software that can be customized for each organization to run gen AI models efficiently, Malcolm deMayo, global vice […] The post Inside look: BNY’s Nvidia-built AI factory appeared first on Bank Automation News.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Can Fintech Bolster Economic Development in the Maldives as Climate Crisis Threatens Tourism Income?

The Fintech Times

The Maldives, Asia’s smallest country, comprises more than 1,000 coral islands that stretch along 871 kilometres in the Indian Ocean. While it has made significant gains from incoming tourism, the country needs to diversify its economy to ensure a positive future. We take a look at how fintech could play a role in facilitating this. Known for its beautiful islands, the South Asian nation of the Maldives has built a strong industry around tourism – contributing to almost a third of

FinTech 59
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Streamly Snapshot: Revolutionizing Cross-Border Payments — The Next Frontier

Finovate

From the continued relevance of paper checks to the rapid growth of digital technology, payments continues to be one of the most fascinating — and important — areas in fintech. In this week’s Streamly interview , William Mills, CEO of the William Mills Agency, talks with Kevin Brown, CMO and Head of Corporate Development for Onbe. The two men discuss a variety of key issues in the payments world, including the potential for AI to revolutionize payment systems and the future of

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BCA Syariah Adopts Vault Core to Provide Sharia-Compliant Products in Indonesia

The Fintech Times

Looking to bring digital Sharia-compliant products and services to Islamic banking in Indonesia, BCA Syariah , a subsidiary of Bank Central Asia (BCA) that provides Islamic banking services, has adopted Thought Machine ’s cloud-native core banking platform, Vault Core. Adopting Vault Core is crucial to BCA Syariah’s strategy to provide faster and more reliable banking services for its customers.

Product 59
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Dynamic Planner Partners with Salesforce

Finovate

U.K.-based financial planning and advice platform Dynamic Planner has teamed up with Salesforce. The partnership will make Dynamic Planner available on the Salesforce AppExchange and is the company’s second CRM partnership in as many months. Dynamic Planner made its Finovate debut at FinovateEurope 2022 in London. Risk-based financial planning system Dynamic Planner has announced a new partnership with Salesforce.

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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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BMH Money Expands Socially Responsible Financing to Alaska, Nevada and North Carolina

The Fintech Times

BMG Money, a fintech committed to economic justice, is expanding into three new US states, Alaska, Nevada and North Carolina, providing access to loan products for public and private sector employees made through the lender WebBank. Established in 2011, BMG Money aims to help the increasing number of hardworking public sector employees trapped in cycles of predatory lending.

Finance 59
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Lunu Pay Partners With Ingenico to Revolutionise Crypto Payments in Retail

Fintech Finance

Lunu Pay , a leader in Web3 payment solutions, is excited to announce its collaboration with Ingenico , a global innovator in payment acceptance and services, to bring cryptocurrency payments to physical retail stores. Through this partnership, Ingenico’s Android-based POS terminals will now support crypto payments, allowing merchants to accept leading cryptocurrencies such as Bitcoin, Ethereum, and USDT, alongside over 70 crypto wallets, including Binance, Coinbase, and Trust Wallet.

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Boerse Stuttgart Digital Selects Fenergo to Streamline Compliance Processes

The Fintech Times

Boerse Stuttgart Digital , the European infrastructure provider for crypto and digital assets, has forged a new partnership with Fenergo , the AI-powered KYC, client lifecycle management, and transaction monitoring solution provider. Through this partnership, Boerse Stuttgart Digital is aiming to embrace the continuing growth of Europe’s crypto market by enhancing the scalability of its infrastructure solutions, while streamlining compliance processes in collaboration with Fenergo.

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FTC accuses Dave of misleading marketing and hidden fees

Finextra

The Federal Trade Commission has filed a complaint against fintech Dave for using "misleading marketing" and charging "surprise" fees for its cash advance service.

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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.