Fri.Jun 07, 2024

article thumbnail

Understanding Zero Trust Network Access and Why Needs It

VISTA InfoSec

As flexible working arrangements become increasingly common across every industry, companies need secure, dependable ways to grant remote employees online access to company data, services, and applications. Productivity in today’s highly digital business environment depends upon employees being able to access the systems and information they need for work when needed, from any location.

article thumbnail

Illinois heads toward landmark card interchange fee restrictions

Payments Dive

The state may become the first in the nation to outlaw the imposition of credit and debit card interchange fees on state excise tax and tips.

article thumbnail

AI in financial crime prevention: A transformative approach

The Payments Association

AI's data analysis superpowers are revolutionising financial crime prevention, spotting fraud patterns in real-time, even for small transactions, but good data and industry collaboration are key.

article thumbnail

Affirm adds new options in bid to battle cards

Payments Dive

The buy now, pay later provider now offers two 30-day payment plans; one that allows for full payment and another that splits a purchase in two, in addition to its “pay in four” offering.

article thumbnail

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

article thumbnail

ESG 101: Why isn’t the industry making an impact?

The Payments Association

Discover how The Payments Association’s ESG Working Group is addressing the challenges and solutions for effective environmental, social, and governance initiatives within the payments industry.

article thumbnail

Visa and Mastercard set for card fee suit

Finextra

A UK tribunal has ruled that interchange fee lawsuits against Visa and Mastercard can proceed.

Visa 115

More Trending

article thumbnail

Payments tech a focus for 61% of merchants

Bank Automation

AMSTERDAM — Consumers are more likely to interact with a business with a frictionless payment experience in place. Sixty-one percent of merchants say payments is a high area of focus, according to Discover Global Network’s “Payment State of the Union” report, released June 3.

article thumbnail

Payment voices: Europe’s banking revival won’t last

The Payments Association

Matthew Lynn, financial columnist for The Telegraph and The Spectator: European banks have experienced a notable recovery over the past year, with banking stocks significantly outperforming the market due to higher interest rates and stable economies. However, this resurgence is threatened by potential losses in commercial real estate and private equity, high government debt, and competition from tech-based challenger banks.

Economy 88
article thumbnail

dLocal Unveils Guide to Payments Across Latin America, Asia and Africa

The Fintech Times

Although cash payments currently account for over one-third of transactions in Africa, the use of cash is expected to dwindle over time as its young population gains spending power; says cross-border payment platform, dLocal. In the first edition of a new dLocal handbook, ‘ Emerging Markets Payments Handbook: A guide to successfully transacting with local payment methods in Africa, Asia, and Latin America ‘, the firm aims to offer international companies insights and necessary contex

article thumbnail

Interview: Redefining fraud prevention – insights from a former insider

The Payments Association

Tony Sales, a former fraudster turned fraud prevention specialist and co-founder of WeFightFraud, shares his perspective on effective strategies and technologies businesses can use to protect against evolving threats.

article thumbnail

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.

article thumbnail

AI speeds Nasdaq fraud investigations by 33%

Bank Automation

NEW YORK — The Nasdaq Stock Market index is using AI to streamline its efforts to investigate suspicious trading and anti-money laundering.

AI 78
article thumbnail

Financial Crime 360: The industry leaders fighting fraud on the ground

The Payments Association

With Financial Crime 360 around the corner, Payments Review spoke to some of the leading figures working tirelessly to combat the growing issue of financial crime within the payments ecosystem.

article thumbnail

U.S. Faster Payments Council Releases New Survey Report on Faster Payments and Financial Inclusion

Fintech Finance

The U.S. Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, has announced the publication of its latest industry resource, the Faster Payments and Financial Inclusion survey report. This comprehensive survey, conducted in the third quarter of 2023, explores the readiness and preparation of financial institutions to implement faster payment solutions and their impact on financial inclusion.

article thumbnail

Leveraging ISO 20022 for enhanced cross-border payments and fraud prevention

The Payments Association

Adopting ISO 20022 is essential for modernising cross-border payments, enhancing fraud prevention, and ensuring seamless interoperability and efficiency in international financial transactions.

article thumbnail

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.

article thumbnail

Lucinity Enhances AI Copilot Plugin to Help FIs Tackle Financial Crime

The Fintech Times

A newly launched generative AI copilot plugin from SaaS AI financial crime-focused firm, Lucinity , is already delivering immediate results for fintechs. Launched on Thursday 6 June at Money20/20 Europe, the new AI copilot enhances ‘Luci’, an existing offering from Lucinity, making it far easier to integrate into financial institutions. The upgrade boasts the ability to enhance productivity by as much as 90 per cent and result in significant cost savings.

article thumbnail

Coding cash: Unveiling the new frontier of programmable money

The Payments Association

Riccardo Tordera Ricchi, head of policy and government relations, The Payments Association, explores the transformative potential of programmable money and smart contracts.

article thumbnail

How Payment Gateway APIs Work and Code Examples

Clearly Payments

Any modern payment gateway has a robust set of APIs (Application Programming Interfaces), along with clear documentation. These APIs allow mobile apps, websites, software platforms, and other devices to seamlessly call the payment gateway to conduct transactions and retrieve or send data. This article covers how payment gateway APIs work, their components, and their role in ensuring secure, efficient financial transactions.

article thumbnail

Customer protection: A regulatory ‘last stand’?

The Payments Association

The Consumer Rights Act 2015 aimed to unify UK consumer protections, but rapid digital advances in banking have necessitated a stronger focus on fraud protection.

article thumbnail

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.

article thumbnail

Plend Looks to Expand Access to Credit, Enabling Businesses to Offer BNPL ‘Alternative’ to Users

The Fintech Times

Plend , the dedicated B Corp personal lender in the UK, has launched an embedded credit API enabling partner organisations to offer their users affordable and sustainable credit directly. Plend is aiming to broaden access to credit for over 20 million adults in the UK who are held back by outdated credit scores and infrastructure. The new ‘powered by Plend’ API enables organisations, customer-facing platforms, and institutions to embed affordable and longer-term credit options within

BNPL 59
article thumbnail

PAY360: The payments ecosystem under one roof

The Payments Association

At ExCel London, PAY360 gathered over 4,000 payment professionals to discuss the future of payments, innovation, and regulatory challenges with industry leaders.

article thumbnail

The time is now to digitize syndicated commercial lending

Finextra

In case you hadn’t noticed, technology has made huge advances over the last 10 to 15 years. In all t.

article thumbnail

Unlocking the digital euro: Europe’s currency revolution

The Payments Association

Exploring the need for a digital euro to maintain Europe's financial autonomy and enhance transaction efficiency in an increasingly digital global economy.

Economy 88
article thumbnail

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.

article thumbnail

56% of US companies offer faster payments; 35% planning to do so

Finextra

According to a new US Faster Payments Council (FPC) report, more work is needed to ensure most faster payments products are financially inclusive.

article thumbnail

Balancing transparency and stability: Analysing the FCA’s ‘name-and-shame’ faux pas

The Payments Association

The FCA's controversial 'name-and-shame' policy has sparked significant industry backlash, raising concerns over market stability and reputational damage.

article thumbnail

56% of US companies offer faster payments, and 35% planning to do so - US Faster Payments Council

Finextra

According to a new US Faster Payments Council (FPC) report, more work is needed to ensure most faster payments products are financially inclusive.

article thumbnail

Crafting security: Australia’s strategic approach to combatting fraud

The Payments Association

Exploring Australia's comprehensive strategy to tackle payment fraud and enhance security across the national payments system.

article thumbnail

Deliver Mission Critical Insights in Real Time with Data & Analytics

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.

article thumbnail

How Does Micro Loan Management Software Improve Lenders Profitability?

Finezza

According to experts, microfinancing has been one of the most instrumental factors in facilitating financial inclusion in India. The Bharat Microfinance Report by Sa-dhan highlights that 98% of microfinance institution (MFI) borrowers are women, demonstrating the significant role MFIs play in empowering women entrepreneurs through micro-credits. This impact is further underscored by data from the […] The post How Does Micro Loan Management Software Improve Lenders Profitability?

article thumbnail

Scroll, click, sell: Navigating the risks and rewards of social commerce

The Payments Association

Exploring the transformative impact of social commerce on consumer behaviour and the lurking risks of online scams.

Risk 88
article thumbnail

Curve appoints Nancy Yaffa USA CEO

Finextra

Curve, the ultimate digital wallet, which has emerged as the primary rival to Apple Wallet, has announced the appointment of Nancy Yaffa as its USA CEO and Reeta K. Holmes as its new Board Member.

52
article thumbnail

Torpago Lands $10 Million to Help Banks Launch Corporate Card Programs

Finovate

Torpago has received $10 million in Series B funding for its corporate card program for banks. Priority Tech Ventures and EJF Ventures co-led the round. Torpago will use the funds to address demand for its Powered By solution, the company’s white-label, end-to-end commercial credit card and expense management software platform. Corporate card program provider Torpago announced yesterday it received $10 million in Series B funding.

article thumbnail

Secure SaaS Success: Embedded Finance as a Competitive Advantage

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.