Fri.Dec 15, 2023

article thumbnail

Marshall keeps up CCCA crusade

Payments Dive

Sen. Roger Marshall acknowledged the Credit Card Competition Act bill may not get a vote this year, but he intends to keep pushing for passage in 2024.

article thumbnail

Investment in India is in free fall

TechCrunch Fintech

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. You shouldn’t compare apples to oranges, but similarly, comparing iPhones to Androids is a fool’s errand as well. Now that Apple is finally phasing out the Lightning connector after 11 years in favor of the more universal standard USB-C (across […] © 2023 TechCrunch.

FinTech 118
article thumbnail

Simon Khalaf channels energy into scaling Marqeta

Payments Dive

Serial entrepreneur and tech executive Simon Khalaf is known for his boundless enthusiasm and energy. Now, the Marqeta CEO is tasked with taking the card issuing fintech to the next level amid increased competition and an uncertain economic climate.

FinTech 125
article thumbnail

Nth Exception launches AI tool for ISO 20022 adoption

Finextra

London-based fintech Nth Exception has launched Nucleus, a machine learning data fabric to ease financial institutions into ISO 20022 adoption.

ISO 20022 107
article thumbnail

From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

article thumbnail

Visa seeks majority stake in Mexico payments processor

Payments Dive

The card network giant said it plans to purchase a controlling interest in Prosa, with banks retaining a minority stake, subject to regulatory approvals.

More Trending

article thumbnail

Fraud emerges as concern for FedNow users

Payments Dive

The Federal Reserve is weighing additional fraud-fighting tools as it takes feedback from users of the new instant payments system.

FedNow 103
article thumbnail

R3 Becomes the Latest Firm To Support Emirates NBD and its Digital Asset Lab

The Fintech Times

R3 , the distributed ledger tech (DLT) and services firm has become a key council member of the Digital Asset Lab powered by Emirates NBD. The MENAT (Middle East, North Africa and Türkiye) based banking group’s lab already consists of PwC , a professional services firm, and Fireblocks , a digital asset transfer and direct custody technology platform, as the founding council members.

article thumbnail

Reaching new heights: Stripe introduces mid-air checkout with Tap to Pay on Alaska Airlines

Tearsheet

Stripe and Alaska Airlines have come together to enable in-flight payments with Tap to Pay on iPhone. The feature allows crew members to accept contactless payments using their airline-issued iPhones — without any extra gear needed. Purchases are completed on the same device used for in-flight tasks, from seat assignments to upgrades with Stripe Terminal.

article thumbnail

Car Connectivity Consortium launches certification program for NFC digital car key interoperability

NFCW

CERTIFICATION: A logo will show consumers that a product conforms to the CCC’s digital key standards The Car Connectivity Consortium (CCC) has launched a CCC Digital Key Certification program designed to embody trust, interoperability and compatibility and show that certified products conform to global compatibility standards for NFC digital car keys.

article thumbnail

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?

article thumbnail

A Yodlee sale could land Envestnet up to $400M

Bank Automation

Wealthtech giant Envestnet is reportedly exploring the sale of its data aggregation subsidiary Yodlee as it aims to refocus strategic operations. A potential sale, first reported on Dec. 13 by Bloomberg News, could generate between $300 million and $400 million for Envestnet, according to a JPMorgan report published Dec. 14.

81
article thumbnail

SEC denies Coinbase petition for crypto rules

Finextra

The Securities and Exchange Commission has denied a petition from crypto exchange Coinbase asking the regulator to put in place new rules specifically for the digital asset sector.

Rules 75
article thumbnail

Kasisto’s chatbot does work of 2 FTEs at Meriwest CU

Bank Automation

Meriwest Credit Union’s AI-driven chatbot, Scout, powered by Kasisto’s KAI digital assistant platform, launched in February and accomplished the work of two, full-time, call center employees within its first two weeks.

Bots 75
article thumbnail

Zero Networks secures USD 20 mln Series B funding for cybersecurity

The Paypers

Israel-based fraud cybersecurity startup Zero Networks has raised USD 20 million in Series B funding to prevent attackers from spreading in corporate networks.

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

SAP and PayPal Collaborate to Simplify Digital Payments Through the PayPal Braintree Platform

Fintech Finance

SAP SE (NYSE: SAP) announced today it has expanded its integration with financial services company, PayPal, through the creation of a digital payments plug-in for the PayPal Braintree platform built on SAP Business Technology Platform (SAP BTP). SAP BTP brings together data and analytics, artificial intelligence, application development, automation and integration into one unified environment.

PayPal 72
article thumbnail

NatWest debanking review finds possible violation of FCA rules

Finextra

A second debanking review revealed that NatWest has potentially violated Financial Conduct Authority (FCA) regulation.

Rules 72
article thumbnail

The Paypers launches the Cross-Border Payments and Ecommerce Report 2023–2024

The Paypers

The Paypers has launched the fifth edition of the Cross-Border Payments and Ecommerce Repor t , offering a comprehensive analysis of the current landscape and developing trends.

article thumbnail

AmEx upgrades to SafeKey 2.3 Protection for safer shopping on consoles and speakers

Finextra

American Express (NYSE: AXP) today announced it is expanding Card Member and Merchant protection by launching SafeKey® EMV® 3-D Secure 2.3 capabilities. American Express is the first network to upgrade to SafeKey 2.3, underscoring its commitment to providing a secure checkout experience.

EMV 64
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

British Business Bank supports recovery loans with asset-based lending

The Paypers

British Business Bank has launched an asset-based lending version of the Recovery Loan Scheme to make it easier for businesses to access finance.

Finance 69
article thumbnail

Fintech Trends and 2024 Insights from Money20/20: A Conversation with Katelyn McCarthy and Jordan McKee

The Fintech Times

At Money20/20 in Las Vegas this October, The Fintech Times had the opportunity to sit down with Katelyn McCarthy , VP of strategy and business development at Discover ® Global Network , and Jordan McKee , research director for the fintech practice at S&P Global Market Intelligence to hear valuable insights into the current state of the fintech industry, discuss findings from the 2023 Fintech State of the Union and what lies ahead for 2024.

FinTech 64
article thumbnail

Financial Cloud Summit 2024: What to expect at next year’s conference

Finextra

Finextra Research will be hosting its second Financial Cloud Summit conference on March 7th 2024 at King’s Place in London.

article thumbnail

Sumsub Joins Singapore FinTech Association to Drive Innovation and Collaboration

The Fintech Times

Sumsub , a global full-cycle verification platform, has officially become a member of the Singapore FinTech Association (SFA). This strategic partnership underlines Sumsub’s commitment to driving innovation, establishing essential industry connections and contributing to the dynamic fintech ecosystem in Singapore and the broader APAC region. Sumsub established its regional headquarters in Singapore in July of this year, marking a significant step in its expansion efforts.

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

Ebanx integrates Botón Bancolombia

Finextra

Ebanx, global fintech company specializing in payment solutions for rising economies, announced the direct integration of Botón Bancolombia, a payment method created by Bancolombia bank, to be part of its array of available payment methods in Latin America.

Economy 59
article thumbnail

Payments Predictions With Visa, Endava, Nium, Outpayce, PXP Financial

The Fintech Times

It’s a time of reflection and anticipation at The Fintech Times throughout December, as we look back at developments and trends over the last 12 months and forward to the year ahead. We’re excited to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the agenda in 2024.

article thumbnail

Why a more modern payroll experience is needed in times of financial difficulties

Finextra

In recent years we’ve seen major technological advancements that have positively impacted the workin.

Payroll 59
article thumbnail

IBM and TechPassport Collaborate to Foster Fintech Integration in Financial Institutions

The Fintech Times

The synergy between financial institutions and fintech companies is reshaping the financial services industry, bringing forth transformative innovations. Nevertheless, within the highly regulated financial sector, implementing fintech breakthroughs can be a complex and time-consuming endeavour. To address this issue, TechPassport, the SaaS provider connecting financial institutions with enterprise ready fintech firms, has teamed up with IBM to empower banks and fintech entities to foster mutuall

FinTech 59
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

How can Engineers Turn Mistakes into Wins?

M2P Fintech

Learning from mistakes is an essential part of engineering practice. Mistakes can lead to significant milestones that transform design, process, and overall outcome. To know how, read this blog. Our Engineering Director, Maathavan Vinayak , takes you through proven strategies that normalize mistakes and transform them into catalysts for continuous learning and improvement.

Process 59
article thumbnail

Private Banks Face Tech Leadership Challenge: Deloitte and FNZ Report

The Fintech Times

Lack of tech leadership, agility and economic resilience are holding many private banks back, according to Deloitte Luxembourg and wealth technology platform FNZ. Deloitte and FNZ have collaborated on a report providing insight into the current private banking industry and how operating models have been evolving, along with the trends that are impacting the industry.

article thumbnail

Payment Systems Regulator appoints Dan Moore as New Head of Strategy and Intelligence

Fintech Finance

The Payment Systems Regulator (PSR) has appointed Dan Moore as its new Head of Strategy and Intelligence. Dan is currently Director of Rail Strategy and Analysis at the Department for Transport (DfT), having previously worked at the Competition and Markets Authority. Dan will start work at the PSR on 15 January 2024 and will also be part of the PSR’s executive team.