Mastercard to cut 1,000 employees in restructuring
Payments Dive
AUGUST 19, 2024
The card network is shrinking its workforce as it restructures the company to focus more resources on some international markets.
Payments Dive
AUGUST 19, 2024
The card network is shrinking its workforce as it restructures the company to focus more resources on some international markets.
Bank Automation
AUGUST 19, 2024
Discover Financial Services is tapping generative AI to speed up call center agent response and strengthen client experience. Using Google Cloud’s AI platform, Vertex AI, Discover has reduced response times for call center agents by 70%, Szabolcs Paldy, senior vice president of enterprise operations at Discover, told Bank Automation News.
Payments Dive
AUGUST 19, 2024
Merchants seeking a piece of the $5.5 billion settlement now have until February 2025 to file claims, a federal judge overseeing the class action said.
Open Banking Excellence
AUGUST 19, 2024
22nd September 2024 Live Event Linkedin Twitter Youtube Climate Roundtable We are delighted to invite you to a Scotland Fintech Festival roundtable discussion at CodeBase, Edinburgh on the intersection of finance, fintech, and their impact on the customer and the climate journey. This event will bring together thought leaders and innovators to explore how these sectors can collaborate to create amplified value for customers while addressing critical climate challenges.
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
Fintech News
AUGUST 19, 2024
Fintech startups in Southeast Asia secured a total of US$899 million in funding in H1 2024, a 25% year-on-year (YoY) decrease from US$1.2 billion in H1 2023, a new report by data intelligence platform Tracxn says. The SEA Fintech – Semi Annual Report – 2024, released on July 05, 2024, underscores a continuing downward trend in fintech funding due to ongoing macroeconomic conditions and geopolitical issues, making H1 2024 the least funded half-year in the past three years.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Fintech News
AUGUST 19, 2024
The National Bank of Cambodia has introduced the Bakong Tourists app, designed to simplify payments for international visitors. Launched on 19 August 2024 in Siem Reap, the app allows tourists to make payments at over 3.3 million retail merchants across Cambodia using their mobile devices. By downloading the app and registering with an email, tourists can top up their accounts and use the KHQR code to pay for goods and services, reducing the need for cash and ensuring a seamless experience durin
Payments Dive
AUGUST 19, 2024
The Dutch payments service provider is gaining traction in the U.S. market as it adds to its client roster, including big U.S. retail names such as Crate & Barrel.
Fintech News
AUGUST 19, 2024
There has been fresh investor interest in digital assets in recent times, thanks largely to supportive regulatory action. The approval of Bitcoin Spot Exchange Traded Funds (ETFs) by the US Securities and Exchange Commission earlier this year for one, has boosted sentiment while across the globe, governments are actively working towards spelling out new rules for this asset class, suggesting much potential for further growth and development.
Fintech Finance
AUGUST 19, 2024
D24 , a premier payments solutions provider, enabling companies to access over 27 countries via alternative payment methods (APMS) and single API card processing, today announces a strategic partnership with Yuno , the leading global payments orchestration platform. This collaboration will make it easier for companies of all sizes to conduct online transactions seamlessly and streamline digital payments across more than 60 countries, helping them scale and enter new markets quickly.
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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 News
AUGUST 19, 2024
A transnational money laundering syndicate operating in Hong Kong has been dismantled through a collaborative effort between the Singapore Police Force (SPF) , Hong Kong Police Force (HKPF), and INTERPOL. The syndicate was responsible for laundering proceeds from scams, including technical support scams in Singapore and other fraudulent activities in Hong Kong.
Fintech Finance
AUGUST 19, 2024
IDEX Biometrics has appointed Catharina Eklof as the new Chief Executive Office (CEO), effective as of today. Catharina Eklof has for the last three years served as Chief Commercial Officer for IDEX Biometrics and has been instrumental in the transformation from a component provider to a full biometric solution company. Catharina brings global experience in business transformation and has been driving profitable growth initiatives and led commercialization of new technology solutions across indu
Fintech News
AUGUST 19, 2024
Singapore’s digital bank Trust has expanded its range of financial products with the launch of two new loan offerings, Split Purchase and Balance Transfer. Both Split Purchase and Balance Transfer offer interest-free options with a small and transparent fee. The Split Purchase offering enables customers to spread payments for completed credit card transactions over 3, 6, or 12 months.
Fintech Finance
AUGUST 19, 2024
In a move that’s set to shake up the financial services industry, Merchant Advice Service has launched The Payments Directory; a first-of-its-kind, solution-led approach that will empower businesses to secure their next best merchant account, unbiased and with unmatched transparency, developed with input from experts who have previously worked on the development of MoneySuperMarket.
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
Payments Next
AUGUST 19, 2024
By Ralf Germer, Co-CEO & Co-founder, PagBrasil Four years ago, the Central Bank of Brazil introduced an instant payment system called Pix, enabling transactions The post Inside Brazil’s Fintech Revolution – How Pix is Pointing the Way Forward for Global Fintech first appeared on Payments NEXT.
The Payments Association
AUGUST 19, 2024
Choosing the right custody solution is vital for institutions to securely navigate the evolving digital asset landscape and future-proof their financial operations.
The Paypers
AUGUST 19, 2024
Worldwide Stablecoin Payment Network (WSPN) has secured USD 30 million in seed funding to to redefine the future of digital payments with Stablecoin 2.0.
The Payments Association
AUGUST 19, 2024
In an illuminating interview, Anastasija Tenca, Chief Operations Officer at Noda, discusses the challenges and barriers that women face in the fintech sector. Despite being a predominantly male-dominated field, Anastasija shares her experiences of overcoming stereotypes and discrimination through resilience and mentorship. She emphasizes the importance of gender equality initiatives, such as those implemented at Noda where the leadership team maintains a balanced gender representation.
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.
PCI Security Standards
AUGUST 19, 2024
We are pleased to welcome the newest organizations that have joined as Associate Participating Organizations of the PCI Security Standards Council (PCI SSC). These organizations play a crucial role in supporting the evolution of the PCI security standards and programs and promoting the implementation of PCI security standards worldwide to protect payment data.
The Paypers
AUGUST 19, 2024
Fintech company Circle , the issuer of the USDC stablecoin, has set out to introduce a feature that will enable contactless payments using USDC on iPhones.
Finextra
AUGUST 19, 2024
US crypto index fund manager Bitwise Asset Management has expanded into Europe through the acquisition of London-based crypto exchange-traded product issuer ETC Group. Financial terms were not disclosed.
The Paypers
AUGUST 19, 2024
Chaos Labs has secured USD 55 million in a Series A funding round to upgrade its on-chain risk management platform for decentralized finance (DeFi).
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.
The Fintech Times
AUGUST 19, 2024
A port city that transformed into a major global hub, Hong Kong has a long history that has solidified its status as one of the most important financial centres in the world. Since China took Hong Kong back from the British during the 1997 handover, the uniqueness of the Hong Kong Special Administrative Region (SAR) meant that under the ‘one country two systems’ policy, it continues to thrive thanks to its own strengths.
Finextra
AUGUST 19, 2024
How can banks adapt to modern industry and consumer demands?
The Fintech Times
AUGUST 19, 2024
Argentina is making headway in its journey to become a crypto-friendly and progressive country. In April 2024, the country reviewed the legal framework for virtual assets declaring that providers must register and comply with the duty to report to authorities. Looking to do so, and in turn, advance the development of cryptocurrencies in the country, Bybit , the crypto exchange, has expanded into Argentina.
Finextra
AUGUST 19, 2024
Bank of Ireland is warning of a surge in investment fraud, describing it as the most concerning trend in evolving scam tactics.
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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.
The Fintech Times
AUGUST 19, 2024
Over the past 75 years, South Korea’s economy has boomed, undergoing rapid industrialisation with a growth rate of seven per cent annually, according to the International Monetary Fund. Having earned its spot as one of the Four Asian Tigers, we explore what is propelling South Korea’s economy and fintech ecosystem. Following the Korean War, in which Korea was split in two, South Korea has since become one of the richest nations in the world.
Finextra
AUGUST 19, 2024
Waza, a payment and liquidity platform for emerging market businesses, has secured $8 million in equity and debt funding to make it easier for African businesses, traders, and other large organisations to manage and pay their suppliers globally.
The Fintech Times
AUGUST 19, 2024
As consumers in the UK and beyond continue to turn to credit and debit cards as their first payment method, more and more also find themselves in debt, according to new findings. The data comes from UK Finance , the collective voice for the banking and finance industry, which has released insights into card spending in the UK. It found that there were 2.21 billion credit and debit card transactions in May in the UK, 2.2 per cent more than in the previous year, showing that the most popular payme
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