Payments Dive

OCTOBER 17, 2024

The retailer is offering the mega-processor’s Clover equipment and account services to its business clients at a discount through next January.

Processors 167

Processors Accounts 167

The Payments Association

OCTOBER 17, 2024

Visionary leadership is crucial for driving innovation and navigating the rapid changes in the payments industry. In the ever-evolving payments industry landscape, marked by rapid technological advancements, shifting consumer expectations, and a complex regulatory framework, the imperative for dynamic and visionary leadership has never been more pronounced.

Innovation 88

Innovation Payments On-Demand Cybersecurity 88

Stax

OCTOBER 17, 2024

Navigating the world of payments can be complicated, especially when you’re running a software business with many moving parts. Embedding payments is a great first step, but encouraging merchants to adopt payments and onboarding them is another hurdle many ISV/SaaS businesses run into. If only there was a team that would work strategically with you to deliver a seamless payment experience in all areas including sales, support, activation, onboarding, product, and marketing… Oh, wait, now there i

ISVS 88

ISVS On-Demand Embedded Payments Process 88

The Payments Association

OCTOBER 17, 2024

‘Navigating a new era for the non-executive director’ is now available to download. The report is based on the insights of 200 UK board members surveyed in May this year. BDO undertook this research in partnership with executive search firm Norman Broadbent to explore the realities of the NED role today. Key research findings. The most valued NEDs are strategic thinkers with strong industry expertise 25% say they need more NEDs, but 98% say their board struggles to attract the right

On-Demand 88

On-Demand Research AI Economy 88

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

Fintech Finance

OCTOBER 17, 2024

Premier Bank , in collaboration with Mastercard and Tappy Technologies , has launched Tap2Pay, making Premier Bank the first Somali Bank in Africa to launch tokenized-passive payment wearables. This solution marks a major milestone in the continent’s payment ecosystem, introducing secure, contactless transactions through cutting-edge wearable technology.

Visa 101

Visa Technology Financial Inclusion Contactless Payments 101

The Payments Association

OCTOBER 17, 2024

For the previous two years, fscom has released a fincrime compliance report to provide insight into our AML/CTF audit service and, more specifically, the compliance challenges regulated and supervised financial services firms face. Once again, this year, fscom has conducted a similar analysis to identify and report on where any new challenges lie, give insight into where improvements have been made, and set out where firms are still not meeting the requirements of the regulator and what can be d

Compliance 88

Compliance AML Audit Regulations 88

Fintech Finance

OCTOBER 17, 2024

BVNK , the payments infrastructure provider, and Circle , a global financial technology firm, today announced a partnership aimed at accelerating the utility of USDC for BVNK’s global customer base. BVNK will integrate USDC more deeply into its payment offerings, enabling businesses to leverage USDC’s speed and stability for a variety of payment use cases.

Business Payments 97

Business Payments Stablecoins Use Case On-Demand 97

Fintech News

OCTOBER 17, 2024

Batumbu, an Indonesian fintech lending company and part of Validus Investment Holding, has appointed a new Board of Directors. Reza Perazi Armadi has been appointed as the new President Director, succeeding Tan Glant Saputrahadi, who stepped down from the role. Reza previously served as Deputy President Director and has over two decades of experience in the banking industry, particularly in MSMEs and supply chain finance.

Finance 96

Finance Authorization FinTech Posting 96

Segpay

OCTOBER 17, 2024

In today’s digital age, protecting minors from age-restricted content has become an increasingly important concern. Age verification systems are essential tools for ensuring compliance with regulations designed to prevent minors from accessing inappropriate content or services. This article explores the key differences between user-based age verification and device-based age verification methods, examining the advantages and characteristics of each approach.

Verification 93

Verification Privacy Laws Compliance 93

Fintech Finance

OCTOBER 17, 2024

A global study released today by Checkout.com , a leading global digital payments company, highlights the consumer buying behaviour which is powering today’s digital economy. The research, conducted across the UK, US, UAE and China, reveals a number of trends, including the growing spending power of Generation Alpha. Children aged 8-15 years old (Generation Alpha) are driving over a quarter (27%) of their household’s monthly spend, rising to nearly a third of monthly spend for digital purchases,

Economy 91

Economy BNPL Digital Payments Product 91

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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?

Use Case

Finextra

OCTOBER 17, 2024

The FCA is launching an AI Lab to work alongside banks, tech firms, academia and consumer groups to explore how AI can be safely and effectively integrated into financial services

AI 86

AI Consumer 86

Fintech Finance

OCTOBER 17, 2024

Broadridge Financial Solutions , Inc. (NYSE:BR), a global Fintech leader, today announced the launch of its highly resilient and scalable managed service for connectivity, message processing and workflow management for instant payments. The Broadridge service supports real-time money transfers, operating 24/7/365, with transaction processing times of under 10 seconds from payer to beneficiary.

Instant Payments 91

Instant Payments Regulations SWIFT Payments 91

Payments Dive

OCTOBER 17, 2024

The federal agency disagrees with the way the card network is allocating card misclassification charges, Discover said in its third-quarter earnings report.

Accounts 78

Accounts 78

Fintech Finance

OCTOBER 17, 2024

SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that empowers members to borrow, save, spend, invest, and protect their money, has announced its adoption of Galileo ’s modern, cloud-based Cyberbank Core to power a range of payment services to commercial clients, including debit, prepaid, ACH and wire transactions, and associated banking services.

Payment APIs and Integration 87

Payment APIs and Integration Technology Fraud Detection Payments 87

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

Finextra

OCTOBER 17, 2024

Banking regulators have put the financial indsutry on notice that they must begin immediately developing plans for mitigating quantum computing risks.

Mitigation 87

Mitigation Regulations Risk 87

Fintech Finance

OCTOBER 17, 2024

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour. Swift’s data shows that the speed of processing transactions to all but two of the top 40 countries on its network – by volume of payments received – continues to be above the G20’s target of one-hour end-to-end processing for 75% of inte

Cross-Border Payments 86

Cross-Border Payments Cross-Border SWIFT ISO 20022 86

Finextra

OCTOBER 17, 2024

Worldline is seeking to futher diversify its payment offerings with the launch of account-to-account payment services across ten European markets.

Accounts 80

Accounts Payments 80

Fintech Finance

OCTOBER 17, 2024

Yuno , the world’s leading payment orchestration platform, today announced the appointment of SheueChee Beh as its new Head of Partnerships for APAC. This move doubles down on the company’s commitment to scaling its presence in Asia-Pacific. SheueChee has over two decades of payments experience and a proven track record working within Asia’s tech and financial services sector, including at JP Morgan, NTT Data, and CIMB, a leading ASEAN universal bank.

APACS 85

APACS Alternative Payment Methods Cross-Border Payments Cross-Border 85

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

Finextra

OCTOBER 17, 2024

Financial losses from authorised push payment (APP) fraud, romance and purchase scams and impersonation deceptions show a marked decline in the first half of the year, according to new data from UK Finance.

Scams 69

Scams Finance Payments 69

Fintech Finance

OCTOBER 17, 2024

Early Warning Services , LLC., the network operator of Zelle® , today announced that the person-to-person payments network helped 143 million consumers and small businesses move nearly half a trillion dollars — $481 billion, up 28% year-over-year in the first half of 2024. Transaction volume on Zelle increased by 27% year-over-year to over 1.7 billion transactions sent by individuals and small businesses across the network.

Zelle 83

Zelle Scams Small Business Enrollments 83

Bank Automation

OCTOBER 17, 2024

TD Bank is bolstering its anti-money-laundering practices with leadership changes and investment in data and technology following regulatory scrutiny resulting in major fines The Financial Crimes Enforcement Network fined the Toronto-based bank $1.3 billion and the U.S. Department of Justice levied $1.8 billion in fines on Oct. 10, charging that TD failed to comply with […] The post TD invests in leadership, data to improve AML compliance appeared first on Bank Automation News.

AML 64

AML Compliance Money Laundering Financial Crimes 64

Fintech Finance

OCTOBER 17, 2024

Thunes , the Smart Superhighway to move money around the world, today announced a major expansion of its Direct Global Network into Egypt. This expansion brings mobile wallet and bank account payment capabilities to Thunes’ Pay solutions, enhancing the company’s cross-border payment services in one of the Middle East and North Africa’s most dynamic markets.

Cross-Border Payments 83

Cross-Border Payments Cross-Border Digital Conversion Volume 83

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

Finextra

OCTOBER 17, 2024

Klarna buy now, pay leter credit is now available to users checking out on Apple Pay online and in apps with an iPhone and iPad.

BNPL 78

BNPL Checks 78

Fintech Finance

OCTOBER 17, 2024

Paymentology , the leading global issuer processor, today announces the launch of its latest industry report, The Remittance Revolution: How to Win in Cross-Border Money Movement, developed in collaboration with renowned financial consultancy Fincog. The remittance industry, which facilitates the transfer of funds between countries, is currently undergoing a transformation.

Cross-Border 78

Cross-Border Non-Bank Processors Issuers 78

The Fintech Times

OCTOBER 17, 2024

As digital threats continue to evolve and as fraudsters get savvier, the need for secure and convenient authentication methods grows increasingly important. To find out how re-authentication can help keep firms and their customers safe, three experts joined The Fintech Times to share their insights. During an insightful live webinar, we explored the various methods of re-authentication and how they can be leveraged as powerful tools in fraud prevention.

Authentication 64

Authentication Fraud Prevention Consulting AI 64

Fintech Finance

OCTOBER 17, 2024

Worldline [Euronext: WLN], a global leader in payment services, today announces the launch of its account-to-account payment method named “Bank Transfer by Worldline”. The solution enables retailers to accept payments and completes the existing payment options offered to merchants. It also effectively addresses specific payment scenarios that traditional methods typically cannot accommodate, including invoices and high-value transactions.

Accounts 76

Accounts Cross-Border Payer Payments 76

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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

Finextra

OCTOBER 17, 2024

Payment firm Stripe is reportedy in advance talks to acquire stablecoin platform Bridge, according to sources cited by Bloomberg.

Stablecoins 75

Stablecoins Acquirers Payments 75

Fintech Finance

OCTOBER 17, 2024

BPC , a global leader in payment solutions, has released a comprehensive report in collaboration with Arkwright Consulting, detailing the evolution of the card processing market, the ecosystem involved in facilitating and managing card-based transactions, such as credit, debit, and prepaid card payments “ Next-Generation Card Processing ” highlights the trends reshaping the card processing industry and the rapid rise of challenger processors.

Processors 75

Processors Consulting Payment APIs and Integration Non-Bank 75

The Paypers

OCTOBER 17, 2024

Commvault , a provider of cyber resilience and data protection solutions for the hybrid cloud, has partnered with Pure Storage to support financial institutions in meeting DORA requirements.

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69

Finovate

OCTOBER 17, 2024

One of the most popular use cases for AI in financial services is to leverage the technology to help companies deal with the challenge and opportunity of unstructured data. In our latest Streamly interview from FinovateFall last month, Finovate VP and host Greg Palmer sits down with Perry Rotella, Managing Director of Financial Services at Box , to discuss the growth of unstructured data within financial institutions, the challenges these firms face in managing this data, and the role AI can pla

AI 59

AI Use Case Compliance Accounts 59

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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