Payments Dive

DECEMBER 15, 2023

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.

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Push-to-Card Credit Cards 173

TechCrunch Fintech

DECEMBER 15, 2023

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.

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FinTech 123

Payments Dive

DECEMBER 15, 2023

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

FinTech 125

The Fintech Times

DECEMBER 15, 2023

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.

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Multi-Currency Interoperability Innovation Regulations 101

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

Payments Dive

DECEMBER 15, 2023

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

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Processors Payments 122

Finextra

DECEMBER 15, 2023

The social media platform formerly known as Twitter received approval for payments services from Pennsylvania, building on Musk’s ambitions of transforming X into an “everything app” where users can conduct their “entire financial life” on the app.

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Process Payments 106

Tearsheet

DECEMBER 15, 2023

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.

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Contactless Payments PayPal CFPB Transactions 98

Finextra

DECEMBER 15, 2023

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

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ISO 20022 ISOs AI FinTech 107

NFCW

DECEMBER 15, 2023

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.

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Interoperability Product Consumer Security 84

Bank Automation

DECEMBER 15, 2023

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.

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Use Case

Finextra

DECEMBER 15, 2023

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.

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Rules Regulations Security 75

Bank Automation

DECEMBER 15, 2023

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.

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Bots AI Credit Union 75

Fintech Finance

DECEMBER 15, 2023

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.

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Finextra

DECEMBER 15, 2023

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.

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EMV Security 64

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

DECEMBER 15, 2023

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.

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FinTech Fraud Prevention Treasury Management Digital Payments 62

The Paypers

DECEMBER 15, 2023

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

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Cybersecurity Security 74

Finextra

DECEMBER 15, 2023

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.

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Economy Payment Solutions FinTech Payments 59

The Paypers

DECEMBER 15, 2023

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.

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Cross-Border Payments Cross-Border Payments 69

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

M2P Fintech

DECEMBER 15, 2023

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.

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Process Addressing Procedures Risk Management 59

Fintech Finance

DECEMBER 15, 2023

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.

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Regulations Payments Authorization Compliance 59

The Fintech Times

DECEMBER 15, 2023

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.

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Innovation FinTech Deepfake APACS 57

Finextra

DECEMBER 15, 2023

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

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Rules Authorization Regulations 72

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

The Fintech Times

DECEMBER 15, 2023

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.

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Cross-Border Cross-Border Payments Interoperability Payments 57

The Paypers

DECEMBER 15, 2023

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

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Finance 69

The Fintech Times

DECEMBER 15, 2023

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

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FinTech Due Diligence Compliance AI 57

Finextra

DECEMBER 15, 2023

Inaccurate data was shared from 3,284 customers’ profiles to credit reference agencies, which may have led to refusal for mortgages, credit cards or loans, or customers being granted too much credit, that they were unable to afford.

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Credit Cards Accounts 58

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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.

AI

The Fintech Times

DECEMBER 15, 2023

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.

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Regulations AI API Technology 57

BlueSnap

DECEMBER 15, 2023

Growing businesses are always seeking ways to optimize revenue while minimizing spend. One strategy that supports this goal is payment optimization. According to S&P Global Market Intelligence, 45% of surveyed respondents stated their organization will be increasing focus on payment optimization strategies in the next year, primarily due to changing customer expectations and technological innovations.

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Payment Gateways Gateways Payments Innovation 52

The Fintech Times

DECEMBER 15, 2023

Rising premiums in the insurance industry are one of the prime reasons trust in the sector has hit an all-time low according to Which? , the consumer advisor. Which? ’s monthly Consumer Insight Tracker found that trust in the insurance industry has dropped to a confidence score of -24. Since it started being tracked in August 2020, the industry has never seen 44 per cent of consumers say they do not trust insurance companies.

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Inai

DECEMBER 15, 2023

Every business, big or small, performs regular reconciliation of their financial records for accurate accounting. However, businesses must ensure their reconciliation processes are efficient to achieve the best results, minimize accounting errors, and plug any revenue leaks. And this blog is there to help.

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Reconciliation Accounts Process Payment Reconciliation 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