Fri.Jan 03, 2025

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Walmart forced delivery workers to pay ‘junk fees,’ CFPB alleges

Payments Dive

A Consumer Financial Protection Bureau lawsuit alleges the retailer and fintech Branch Messenger illegally opened accounts for drivers, and deposited their pay into accounts without their consent.

Junk Fees 148
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Fraud unveiled: Key takeaways from merchant roundtable discussion

The Payments Association

Fraud unveiled: Key takeaways from merchant roundtable discussion January 3 2025 by Payments Intelligence LinkedIn Email X WhatsApp Whats the article about? A roundtable discussion among merchants addressing the evolving challenges of fraud in their operations across various sectors. Why is it important? It highlights the necessity of advanced fraud detection and greater industry collaboration.

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Doha Bank Launches Visa Commercial Pay: A Step Towards a Cashless Economy

Fintech Finance

Doha Bank , one of the largest private commercial banks in Qatar is set to be the first bank in the market to officially launch VISA Commercial Pay (VCP) and the first Bank in the CEMEA region to introduce the VCP-Mobile Module, in collaboration with VISA for its Corporate Credit Card clients. This initiative aligns with the Qatari Government’s vision of digitalising payments, enhancing electronic banking services, and advancing the shift towards a cashless society.

Economy 90
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Merchants, banks spar over Fed’s debit card fee proposal

Payments Dive

Major trade groups for merchants and banks engaged in another round of fighting last week over whether the Federal Reserve should finalize a lower debit card interchange fee rate.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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The Majority of Merchants Challenge Fraudulent Chargebacks — But Rarely Win

Fintech Finance

A recent survey conducted by Chargebacks911 , the global chargeback technology leader, revealed that on average, 45% of all chargebacks filed against merchants stem from misuse or outright abusea practice commonly referred to as friendly fraud. Major card networks like Visa and Mastercard say this number can be as high as 75% for some merchants. However, even with up to three-quarters of all chargebacks being reported as illegitimate, merchants only win 18% of cases when appealing chargebacks.

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AstroPay Launches Multicurrency Wallet for Seamless Cross-Border Financial Management

Fintech Finance

AstroPay , a global fintech leader redefining cross-border finance, has announced the launch of its multicurrency wallet, a financial tool designed to simplify how users manage money across borders. The wallet enables individuals to hold, exchange, and transact in multiple currencies through a single secure app. Designed for global citizens, it empowers users to navigate the complexities of international finance, whether traveling, working remotely, or conducting business globally.

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Saudi Arabia Welcomes Money20/20: Tahaluf Discusses Its Role in Riyadh’s Fintech Push

The Fintech Times

As Saudi Arabia continues its journey into a fintech powerhouse under Vision 2030, the arrival of Money20/20 Middle East in Riyadh next year reflects the nations expanding influence on the global financial technology scene. Known as the premier event where the global fintech community converges, Money20/20 has established editions across major financial hubs, including Las Vegas, Amsterdam and Bangkok.

FinTech 72
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Crypto Payment Gateways: Unlocking the Power of Digital Currency

Finextra

Introduction: The Rise of Cryptocurrency in Payments Cryptocurrencies have evolved beyond investment.

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Reduce Average Collection Period: Strategies for Success

Paystand

Table of Contents What is the average collection period? What is a good average collection period?

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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

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How to navigate the financial frontier and thrive amid industry disruption

Finextra

The financial services sector is undergoing an era of revolutionary change. From the dual pressures.

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Inside the wild fall and last-minute revival of Bench, the VC-backed accounting startup that imploded over the holidays

TechCrunch Fintech

Friday, December 27, was supposed to be the start of a relaxing holiday weekend. But it was chaos for thousands of small business owners who use Bench, an accounting and tax startup based in Canada that raised $113 million from investors like Bain Capital Ventures and Shopify. That morning, they found themselves unable to log […] 2024 TechCrunch.

Accounts 111
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Oil prices in 2025: Will geopolitical shocks or emerging markets tip the scales?

Finextra

Oil prices began 2025 on a cautiously optimistic note as Brent crude rose to $75.29 a barrel and Wes.

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Eltropy chatbot reduces credit union’s call volume by 20%

Bank Automation

Credit union TruStone Financial is using an automated chatbot from digital conversation platform developer Eltropy to reduce call center volume. Plymouth, Minn.-based TruStone integrated Eltropys chatbot in July, when the $5 billion credit unions staff handled a weekly average of 5,500 conversations with members seeking assistance. Up to 1,000 messages were from members on Monday […] The post Eltropy chatbot reduces credit unions call volume by 20% appeared first on Bank Automation News.

Volume 97
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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?

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The Family Office Guide to More Effective AI Investing

Finextra

Recently, artificial intelligence (AI) has come to the forefront as a leading source of investment p.

AI 52
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‘We The People Establish This Crypto Bill Of Rights For The United States Of America’

The Fintech Times

With Bitcoin’s recent surge past the $100,000 mark, driven by political shifts and regulatory anticipations, investors and regulators are revisiting the need for robust guidelines. Lawrence Wintermeyer, executive co-chair of Global Digital Finance (GDF), a not-for-profit organisation committed to promoting fair and transparent markets for crypto and digital assets, presents a ‘Crypto Bill of Rights’ His proposal, inspired by America’s historical documents, aims to provide

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Exploring the Future of Neo-Banking: Innovations and Trends to Watch

Finextra

The world of neo-banking is rapidly evolving, driven by technological advancements and changing cons.

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KBC Integrates Doconomy To Improve Financial Wellbeing and Saving Services

The Fintech Times

European bank, KBC is on a mission to help younger generations to improve their financial wellbeing while also helping them achieve their saving dreams. To help realise this goal, KBC has partnered with Doconomy , the fintech providing banks with innovative tools to drive financial wellbeing, to allow users to set personalised dreams and develop new saving habits.

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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

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ESMA launches selection procedure for bonds consolidated tape provider

Finextra

The European Securities and Markets Authority (ESMA), the EUs financial markets regulator and supervisor, is launching the first selection procedure for the Consolidated Tape Provider (CTP) for bonds.

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Finovate Global: An Introduction to Islamic Finance with Musaffa’s Dilshod Jumaniyazov

Finovate

Last year, we published an edition of Finovate Global that featured new developments in Islamic finance. This week’s column will explore further the world of Islamic and Shariah-compliant financial services with Dilshod Jumaniyazov, CEO and co-founder of Musaffa. Launched in 2020 and headquartered in New York, Musaffa offers a comprehensive platform for ethical investing, Halal stock trading, and financial education.

Finance 52
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AstroPay unveils multicurrency wallet

Finextra

AstroPay, a global fintech leader redefining cross-border finance, has announced the launch of its multicurrency wallet, a financial tool designed to simplify how users manage money across borders.

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AI M&A deals expected to climb in 2025

Bank Automation

The growth of mergers and acquisitions of AI-driven technology companies in 2024 is expected to continue in 2025. AI M&A deals this year are expected to fuel corporate strategy, according to CB Insights The Tech Trends 2025 Report. The report, based on the business analytics providers financing and acquisition data, was released in November. […] The post AI M&A deals expected to climb in 2025 appeared first on Bank Automation News.

AI 52
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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.

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ING names Debbie Janeczek CISO

Finextra

ING has announced that it has appointed Debbie Janeczek as chief information security officer (CISO), effective 13 January 2025.

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Doha Bank launches Visa Commercial Pay

Finextra

Doha Bank, one of the largest private commercial banks in Qatar is set to be the first bank in the market to officially launch Visa Commercial Pay (VCP) and the first Bank in the CEMEA region to introduce the VCP-Mobile Module, in collaboration with Visa for its Corporate Credit Card clients.

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AstroPay, a global fintech leader redefining cross-border finance, has announced the launch of its m

Finextra

AstroPay unveils multicurrency wallet

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Frax launches BlackRock backed, Securitize tokenised stablecoin

Finextra

Frax intends to be the US digital dollar and to establish itself as "the world's most innovative decentralised stablecoin and DeFi stablecoin infrastructure.

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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.