PCI Security Standards

SEPTEMBER 3, 2024

In a significant move, the PCI Security Standards Council (PCI SSC) has announced enhancements to its Point-to-Point Encryption (P2PE) Program for use with the currently published P2PE Standard v3.1, which provides the ability to validate and list P2PE solutions that cryptographically protect account data from the point where a merchant accepts a payment card to the secure point of decryption.

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National Processing

SEPTEMBER 3, 2024

National Processing How to Use a Credit Card Processing Calculator to Save Money Save money by knowing how to use a credit card processing calculator. Also, learn blindspots of online fee calculators.

Credit Cards 88

Credit Cards Process Posting Payments 88

Basis Theory

SEPTEMBER 3, 2024

Learn the meaning behind the different parts found on a credit card, as well as their function and relevant PCI DSS requirements, with this overview and FAQ.

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PCI DSS Credit Cards Payments 104

Fintech Finance

SEPTEMBER 3, 2024

ACI Worldwide (NASDAQ:ACIW), an innovator in global payments technology, today announced a collaboration with Red Hat Inc. , the world’s leading provider of open source solutions, to make ACI’s cloud-native Enterprise Payments Platform available on any cloud infrastructure. With this collaboration, ACI will help customers ease their migration to the cloud to better adapt to the rapidly evolving digital economy and power the next generation of payment services.

Payments 101

Payments Innovation Economy Global Payments 101

Speaker: Jennifer Wright and Nick Barron

Navigating the complexities of e-commerce requires more than just the right technology - It demands a holistic strategy that aligns platform capabilities with customer- centric design and marketing. This webinar will provide a roadmap for building a robust e-commerce strategy, guiding you through key decisions from platform selection to creating user experiences that convert, and leverage digital marketing to reach and retail customers.

On-Demand

Finextra

SEPTEMBER 3, 2024

Three men have pleaded guilty to operating a subscription-based Web service in the UK that enabled criminals to circumvent One-Time-Passcode (OTP) anti-fraud checks.

Scams 101

Scams Checks 101

Fintech News

SEPTEMBER 3, 2024

iFAST Global Bank (iGB), the UK digital banking arm of iFAST Corporation , has launched EzRemit , a new cross-currency transfer service for its digital personal banking customers. The service allows customers to transfer money to over 50 countries in more than 25 currencies. Building on its existing offerings for business clients, iGB is now extending the service to personal banking customers.

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Fintech Review

SEPTEMBER 3, 2024

The digital payments landscape is rapidly evolving, driven by technological advancements and changing consumer preferences. As we look towards 2025, several key trends are shaping the future of digital payments, including contactless payments, cryptocurrency transactions, and mobile payment solutions. Digital payments in 2025: current trends and predictions for the future, offering insights on how businesses and consumers can prepare for these impending changes.

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Payments Trends Digital Payments Contactless Payments Cryptocurrency 94

Fintech News

SEPTEMBER 3, 2024

OCBC Bank is set to offer Generation Alpha—children born after 2009—their own digital bank accounts through the OCBC MyOwn Account , available from 20 October 2024. This first-of-its-kind account in Singapore allows children aged seven to 15 to manage their finances digitally via the OCBC Digital app, under parental supervision. Currently, most children under 16 have bank accounts that are jointly held with their parents, limiting their access to digital banking services.

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Payments Dive

SEPTEMBER 3, 2024

A recent survey by the bank is leading it to bring its payments and banking tools together to work for small and mid-size business clients in a more simplified way.

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Payments 78

Fintech News

SEPTEMBER 3, 2024

Thailand’s Prime Minister Paetongtarn Shinawatra announced that a portion of the government’s 450 billion baht (US$13.1 billion) “digital wallet” handout will be distributed in cash, marking a shift in the flagship policy. The scheme, initially intended to transfer 10,000 baht in digital credits to 50 million citizens for use within their localities, is undergoing final adjustments, with details to be disclosed in an upcoming parliamentary policy statement.

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Adjustments Government Governance Central Bank 84

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

Payments

Fintech Finance

SEPTEMBER 3, 2024

Zilch , the world’s first ad-subsidised payments network (ASPN), today announced its first month of operating profit while surpassing a revenue run rate of more than $130m (£100m). The business has reached these milestones within just four years of launching its groundbreaking consumer payment platform. Zilch also announced the appointment to its Board of Mark Wilson, former CEO of Aviva and AIA and current member of BlackRock’s Board of Directors.

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Payment Networks Financial Inclusion Finance FinTech 82

Fintech News

SEPTEMBER 3, 2024

Payments infrastructure company TerraPay has announced the appointment of Ralph Koker as its Global Head of Products. Koker’s role at TerraPay will involve refining the company’s product strategy and leading its go-to-market initiatives. He has over two decades of experience in product strategy and development within the financial services industry.

Product 80

Product Interoperability SWIFT Innovation 80

Payments Dive

SEPTEMBER 3, 2024

The two firms are working together again as other payment giants collaborate on checkout enhancements.

PayPal 89

PayPal Payments 89

Fintech Finance

SEPTEMBER 3, 2024

Vasmobile Fintelco is launching SkoolID, the African School ID and Smart Payment Card , based on the biometric card platform from IDEX Biometrics. The agreement and first production order represent a value of $1.4 million, with delivery starting in the fourth quarter of 2024. The multi-year agreement sets Vasmobile up to scale across Kenya in 2025 and further expansion into other parts of Africa as of 2026.

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Agreements Use Case Payment Networks Technology 74

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

Finovate

SEPTEMBER 3, 2024

The last time we covered open banking infrastructure company Axway , was a little over a year ago in the wake of the company’s acquisition of e-invoicing specialist AdValvas. Today, the Scottsdale, Arizona-based firm is back in the fintech news headlines with another acquisition announcement. The firm has officially sealed the deal with core banking software vendor Sopra Banking Software by acquiring the company for $364 million (€330 million).

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Acquirers API Credit Cards Security 72

Fintech Finance

SEPTEMBER 3, 2024

As of 2nd September, Kenneth M. Overgaard-Nielsen joins the management team of the German payment service provider (PSP) Computop as Chief Operation Officer (COO). He joins Ralf Gladis, CEO and founder, Stephan Kück, CTO/ CSO, and Thomas Egglseder, CFO. Overgaard-Nielsen’s areas of responsibility include the Business Solutions department, which covers processes and internal systems, and the Merchant Services department, which supports Computop customers with connections and answers technic

Payment Service Provider (PSP) 74

Payment Service Provider (PSP) Service Provider Automation International Payments 74

Finextra

SEPTEMBER 3, 2024

London-based start-up Vyne, a real-time account-to-account (A2A) payments platform for online businesses, has been acquired by Middle Eastern open banking player Tarabut, for an undisclosed sum.

Acquirers 72

Acquirers Payments Accounts 72

Bank Automation

SEPTEMBER 3, 2024

Chase customers claimed to have identified a glitch in Chase ATMs during Labor Day weekend, allowing them to deposit false checks and withdraw large sums of cash from accounts potentially without the funds to cover the withdrawals. This past weekend, Chase clients took to TikTok to share “the glitch” in the $3.8 trillion bank’s system. […] The post Chase check fraud not ‘a glitch,’ expert says appeared first on Bank Automation News.

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Checks ATM Automation Accounts 69

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The Fintech Times

SEPTEMBER 3, 2024

2024 is proving another standout year for the regulatory space, finding itself under the spotlight, for better and worse reasons. This month, The Fintech Times is looking at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the fintech world fairer and safer.

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FinTech Regulatory Compliance Compliance Cybersecurity 69

Bank Automation

SEPTEMBER 3, 2024

U.S. Bank is developing AI and automation-driven solutions to improve productivity for its small and medium-sized business clients. Nearly 71% of U.S.-based SMBs think that digital solutions including AI and financial management tools can make their jobs easier, according to the U.S. Bank 2024 Small Business Perspective survey published on Aug. 26.

AI 65

AI Small Business On-Demand Automation 65

The Fintech Times

SEPTEMBER 3, 2024

Experian , the multinational data analytics and consumer credit reporting company, is partnering with Paylink , an affordability software and payments provider, to address affordability restrictions with debt consolidation loans. Through the new partnership, Experian will leverage the ‘ReFi’ product by Paylink, expanding access to credit for a wider range of consumers through the Experian Marketplace.

Credit Cards 69

Credit Cards Financial Inclusion Underwriting Addressing 69

Finextra

SEPTEMBER 3, 2024

UAE-based buy now, pay later player Tabby is to acquire Saudi digital wallet Tweeq, expanding its product suite to offer customers spending accounts with money management tools.

Acquirers 64

Acquirers Accounts Product 64

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Payments

The Fintech Times

SEPTEMBER 3, 2024

Tabby , the shopping and financial services app for the MENA region, has agreed to acquire Tweeq , the Saudi-based digital wallet licensed by the Saudi Central Bank. Announced at 24 Fintech , Saudi’s flagship fintech event, Tweeq will partner with Tabby following the acquisition, pending regulatory approval, to expand its services within Tabby’s ecosystem and consumer scale.

Acquirers 64

Acquirers BNPL Central Bank Legal 64

Finextra

SEPTEMBER 3, 2024

Lloyds Bank is to use AI technology from Cleareye to eliminate the manual drudgery of paper processing and compliance checking for trade finance documentation.

Checks 69

Checks AI Finance Automation 69

The Fintech Times

SEPTEMBER 3, 2024

Remittances are a crucial part of many developing markets’ economies. However, the costs are often barriers stopping users from truly benefitting from money being sent, with fees being as high as 13 per cent. To remove this hurdle, Sasai Money Transfer , the international money transfer operator and business of Cassava Technologies , has partnered with Airtel Money , the Indian payments bank.

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Origination Volume Economy FinTech 64

Finextra

SEPTEMBER 3, 2024

UAE-based payments fintech Ziina has secured $22 million in a Series A funding round led by Altos Ventures, with participation from other top-tier investors including Fintech Collective, FJ Labs, Avenir Growth, Y Combinator, and Jabbar Internet Group.

FinTech 64

FinTech Participant Payments Security 64

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The Fintech Times

SEPTEMBER 3, 2024

Business analytics enterprise, IBM , has unveiled new technologies designed to significantly scale processing capacity across IBM Z mainframe systems helping accelerate the use of traditional AI models and Large Language Models (LLMs). With many generative AI projects leveraging LLMs moving from proof-of-concept to production, the demands for power-efficient, secured and scalable solutions have emerged as key priorities.

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Use Case AI Innovation CHIPS 64

Finovate

SEPTEMBER 3, 2024

As “Back to School” season begins, we’re looking forward to a surge of fintech news over the next few days and weeks. Finovate’s Fintech Rundown is your one-stop-shop for the latest headlines, announcements, and updates. Payments ACI Worldwide partners with Red Hat to make its Enterprise Payments Platform available on any cloud infrastructure.

FinTech 64

FinTech Alternative Payment Methods Embedded Finance Embedded Payments 64

Finextra

SEPTEMBER 3, 2024

ACI Worldwide (NASDAQ:ACIW), an innovator in global payments technology, today announced a collaboration with Red Hat Inc., the world’s leading provider of open source solutions, to make ACI’s cloud-native Enterprise Payments Platform available on any cloud infrastructure.

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Payments Global Payments Innovation Technology 64

The Paypers

SEPTEMBER 3, 2024

The Federal Council has decided to adopt further measures of the EU’s 14th package of sanctions against Russia, in response to its ongoing military aggression against Ukraine.

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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.

Embedded Finance