Payments Dive

MAY 6, 2024

Requests for a slice of the Visa-Mastercard settlement are due by a May 31 deadline. Lawyers are racing to alert eligible businesses.

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Settlement Visa Payments 167

Bank Automation

MAY 6, 2024

Small businesses demand efficient access to capital and Grasshopper Bank is meeting the needs of its small business clients through its latest digital lending solutions.

Small Business 124

Small Business On-Demand 124

Payments Dive

MAY 6, 2024

Finance leaders are in a unique position to reduce costs and increase revenue by evolving payment processes.

ACH 158

ACH Risk Finance Process 158

Payments Next

MAY 6, 2024

By Michael Seaman, CEO & Founder, Swipesum In today’s online world, digital payments have become essential for businesses looking to thrive in The post 4 ways to make digital payments more effective first appeared on Payments NEXT.

Digital Payments 88

Digital Payments Payments Posting Research 88

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

Basis Theory

MAY 6, 2024

The data security rules around payments can be puzzling to new and seasoned payments professionals alike. Moreover, while the Payments Card Industry Data Security Standard (PCI DSS) outlines encryption best practices for meeting PCI compliance, much can be left up to interpretation.

PCI DSS 88

PCI DSS Compliance Best Practices Encryption 88

Fintech News

MAY 6, 2024

Amazon Web Services (AWS) announced that it is set to invest an additional S$12 billion into Singapore’s cloud infrastructure by 2028 during the 10th AWS ASEAN Summit , aiming to bolster its services amid increasing demand. According to a new AWS Economic Impact Study , this investment is projected to contribute S$23.7 billion to Singapore’s GDP by 2028 and support an estimated 12,300 jobs annually across sectors like construction, engineering, and telecommunications, essential to the AWS

AI 109

AI On-Demand Economy Governance 109

Finextra

MAY 6, 2024

JPMorgan Chase is using OpenAI’s GPT-4 model for a range of thematic investment baskets, according to Bloomberg.

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124

Fintech News

MAY 6, 2024

Singapore-based technology company Dyna.Ai announced its global launch at the Dubai Fintech Summit, unveiling new AI solutions tailored for the banking and financial services sector. The company, which specialises in artificial intelligence technology, revealed plans for international expansion, including operations across Asia, the Middle East, the Americas, Europe, and Africa.

AI 102

AI Finance API FinTech 102

Finextra

MAY 6, 2024

Trading platform Robinhood says its cryptocurrency arm has received a Wells notice from the Securities and Exchange Commission, indicating that the US regulator is set to take enforcement action.

Cryptocurrency 88

Cryptocurrency Regulations Security 88

Fintech News

MAY 6, 2024

Asia’s financial sector is undergoing an evolution that promises to reshape the foundations of banking. At the heart of this transformation lies the concept of Open Finance – a paradigm shift that transcends traditional banking boundaries to usher in an era of innovation, collaboration, and customer-centricity. The Rise of Open Finance in Asia Open Finance represents a fundamental departure from the siloed approach of traditional banking.

Compliance 102

Compliance Finance Payment APIs and Integration API 102

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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?

Use Case

Payments Dive

MAY 6, 2024

One of the best ways to accelerate business growth is through adopting a strategic approach to payment processing.

Payments 88

Payments Process 88

Fintech News

MAY 6, 2024

Singapore-based cryptocurrency exchange Zipmex is set to wind up its operations, having appointed Ellyn Tan Huixian from Mazars Consulting as its provisional liquidator, according to documents filed with Singapore’s Accounting and Corporate Regulatory Authority (ACRA). The filing, dated 29 April 2024, accessed by DealStreetAsia , comes as the company grapples with significant financial liabilities that prevent it from continuing its business, stated Zipmex founder and CEO Marcus Lim.

Consulting 101

Consulting Cryptocurrency Authorization Continuity 101

Finextra

MAY 6, 2024

Welcome to the Dawn of Enhanced Fraud Detection. In the modern era of digitalisation, financial tra.

Fraud Detection 105

Fraud Detection Payments 105

Bank Automation

MAY 6, 2024

The Clearing House’s Real Time Payments’ network is gaining mid-market companies as businesses gravitate toward real-time payments. Businesses prefer The Clearing House’s RTP solution because it is established and is used by nearly 67% of U.S.

RTP 75

RTP FedNow Real Time Payments Payment Networks 75

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

The Fintech Times

MAY 6, 2024

Countries in the Middle East are quickly accelerating their regulatory standards to enable and nourish the latest fintech innovations. A new report from KARM Legal Consultants, the emerging technologies-focused law firm, provides insightful analysis into how the regulatory environments of the United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA), Bahrain and Turkey compared to one another as well as to the EU and UK.

Innovation 64

Innovation FinTech BNPL Regulations 64

PayXpert

MAY 6, 2024

In the ever-evolving landscape of payment solutions and consumer behaviour, the need for convenience has reached new heights. Enter Pay by Link, an innovative service that allows merchants to facilitate payments seamlessly through a simple link sent directly to their customers' inbox. This cutting-edge approach not only enhances the customer experience but also simplifies the payment process for both parties involved.

Facilitators 59

Facilitators Payment Solutions Innovation Process 59

Finextra

MAY 6, 2024

Unit21, a company that proactively mitigates risk tied to money laundering, fraud, and other illicit activities, announced the launch of ACH Risk Scores and Action Event Rules today.

ACH 59

ACH Faster Payments Money Laundering Mitigation 59

The Fintech Times

MAY 6, 2024

Mergers and acquisitions (M&A) transactions play a pivotal role in fostering market expansion and driving growth for companies worldwide. However, navigating through this landscape is far from straightforward. From the intricate task of identifying suitable targets to the intricate dance through regulatory complexities and the murky waters of valuation uncertainties, companies face a myriad of challenges throughout the M&A process.

Consulting 59

Consulting Due Diligence Audit AI 59

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

MAY 6, 2024

ICICI Bank today announced that it has enabled NRI customers to use their international mobile number to make UPI payments instantly in India, thereby significantly enhancing their convenience of making everyday payments.

Payments 59

Payments 59

The Fintech Times

MAY 6, 2024

Following a successful 2023, British online bank Zopa Bank achieved full-year profitability for the first ever time since its launch in 2020. Despite a difficult economic environment, characterised by high inflation, the milestone makes Zopa one of the fastest digital banks in the UK to turn an annual profit. Zopa Bank revealed it achieved a pre-tax profit of £15.8million for the financial year ending 31 December 2023, up from a pre-tax loss of £26million for the year ending 31 December 2022.

Product 59

Product FinTech Research Risk 59

NACHA

MAY 6, 2024

MIAMI BEACH, Fla., May 7, 2024 – In 1974 payday usually meant being handed a paper check—which was the same way most bills were paid. But in that year, a significant step was taken toward changing all of that when the National Automated Clearing House Association, or NACHA was formed. Fast forward 50 years—today Nacha is not only known for governing the thriving ACH Network, but also for developing rules and standards, providing industry solutions, and delivering education, accreditation, and a

NACHA 57

NACHA ACH Network Accreditation Innovation 57

The Paypers

MAY 6, 2024

NPCI International Payments Limited (NIPL) has signed an agreement with the Bank of Namibia to support them in developing a UPI stack in Namibia.

Agreements 70

Agreements International Payments Payments 70

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

MAY 6, 2024

JP Morgan is promising faster domestic payments in the US, through the Visa Direct network.

Faster Payments 78

Faster Payments Payments 78

Finovate

MAY 6, 2024

BaaS-enabled banks have been operating in a regulatory minefield recently. Since late 2023, the U.S. FDIC and CFPB have issued multiple consent orders to banks, citing their BaaS relationships as the cause. From the perspective of an onlooker, it appeared that regulators were issuing the consent orders to make examples out of certain players in the industry, foregoing formal BaaS regulation.

Regulations 52

Regulations Community Banks FDIC Due Diligence 52

EBizCharge

MAY 6, 2024

Getting paid is the main objective for most businesses. However, when invoices go unpaid, dunning letters become necessary to help the collections process. A dunning letter may seem like a relic of the past, but its purpose is deeply anchored in the present-day reality of managing receivables. So, what is a dunning letter, and why does it matter? What is a Dunning Letter?

Accounts 52

Accounts Process Automation Credit Cards 52

Finovate

MAY 6, 2024

Robinhood has received a Wells Notice from the U.S. SEC. In the Wells Notice, the SEC staff alleged Robinhood violated Sections 15(a) and 17A of the Securities Exchange Act of 1934. Robinhood Markets Chief Legal, Compliance, and Corporate Affairs Officer Dan Gallagher said that he is “disappointed” with the Wells Notice. “We firmly believe that the assets listed on our platform are not securities,” he said.

Security 52

Security Legal Compliance Origination 52

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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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Clearly Payments

MAY 6, 2024

There have been long debates on the pros and cons of credit cards in today’s society. Credit cards are double-edged swords. They offer convenience, rewards programs, and can even help build credit scores for consumers. However, they can also be tempting to overuse, leading to debt and high interest rates. There is a benefit of credit cards to businesses.

Credit Cards 52

Credit Cards ATM Business Day Accounts 52

Finovate

MAY 6, 2024

Investment and innovation are defining the wealth management space as the week begins. LA-based wealth management platform Altruist enters the week with $169 million more in capital, courtesy of a Series E round led by Iconiq Growth. Meanwhile, JP Morgan Chase announced that it has deployed generative AI to enhance its thematic investment offering. Be sure to check back all week long for more fintech news!

FinTech 52

FinTech Risk Mitigation Fraud Prevention PayPal 52

Finextra

MAY 6, 2024

Today, we double down on our European expansion strategy by announcing a new strategic partnership that enables us to actively enhance our product offering in Germany, a key market for European crypto adoption.

Product 52

Product 52

Finovate

MAY 6, 2024

Identity decisioning platform Alloy teamed up with SME data intelligence innovator Coris. Courtesy of the partnership, Alloy customers will be able to access Coris’ Merchant Profiler and Corshield solutions directly from within the Alloy platform. Alloy introduced itself to Finovate audiences at FinDEVr Silicon Valley in 2016. Alloy , the identity decisioning platform, announced a new partnership with SMB data intelligence company Coris.

Automation 52

Automation Risk Underwriting Embedded Finance 52

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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