PCI Security Standards
AUGUST 27, 2024
The excitement is building as we get closer to this year’s Europe Community Meeting ! To add to the anticipation, we’re giving you a sneak peek of some of the amazing sessions that will be featured in Barcelona, 8-10 October. Don't pass up the chance to collaborate and gain knowledge into the latest developments in payment security. The PCI SSC Community Meetings are open to all in the payments industry.
Payments Dive
AUGUST 27, 2024
The federal agency surveyed major retailers and was concerned to find three retailers impose $90 million in fees annually when consumers ask for cash back with a debit or prepaid card purchase.
Fintech News
AUGUST 27, 2024
Thailand Post is positioning itself to join the virtual banking licensing race following approval from its board, according to a report by the Bangkok Post. The state-owned logistics provider plans to leverage its nationwide network to capitalise on this emerging sector, with two potential strategies in mind: joining a consortium applying for a Bank of Thailand virtual bank license or operating as a neutral banking agent for multiple virtual banks.
Payments Dive
AUGUST 27, 2024
Shift4 keeps buying up payments companies as it seeks to build out a global business servicing many sides of the industry.
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
Fintech News
AUGUST 27, 2024
The State Bank of Vietnam (SBV) has recently alerted the public about a series of phishing scams involving imposters posing as the central bank. Fraudsters are impersonating the SBV via email, attempting to trick individuals into clicking on phishing links under the guise of updating their biometric information for banking purposes. These deceptive emails often cite the SBV’s Decision No. 2345/QD-NHNN to appear legitimate and urge recipients to update their information before 30 August 2024.
Segpay
AUGUST 27, 2024
The compliance road has been full of twists and turns this year. Hopefully, most of us can now shift our focus to all the things we’ve left on the back burner for months. For the majority of us, that’s driving revenue. I know I’ve written a lot about compliance this year, and for many, it’s been a companywide effort to cross that finish line. With just four months left in 2024, we are all looking ahead to ways to increase volume during this last quarter of the year.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
PayJunction
AUGUST 27, 2024
In June 2024, a prominent software-as-a-service (SaaS) solution provider for automotive dealerships faced two severe cyber attacks. These incidents disrupted operations for approximately 15,000 car dealerships that rely on the solution for various operations, including sales, customer relationship management (CRM), back office administration, billing, financing, inventory management, service, and support.
Finextra
AUGUST 27, 2024
MoneyGram International, Inc. (“MoneyGram” or the “Company”), a leading global financial technology company that connects the world’s communities, today announced the appointment of Josh Gordon-Blake as Chief Digital Officer.
Fintech News
AUGUST 27, 2024
Zühlke, a Swiss-based IT services firm, has appointed Ravi Patel as the Head of Financial Services for Southeast Asia. Based in Singapore, Patel will oversee market strategy and portfolio development at Zühlke , aiming to drive growth in the region’s financial services sector. With over 20 years of industry experience, Patel has collaborated with a diverse range of organisations, including major financial institutions, startups, tech companies and non-profits.
Fintech Finance
AUGUST 27, 2024
Banking Circle S.A., the innovative, tech-driven payments bank, announces the launch of EURI, a bank-backed stablecoin, compliant with the Markets in Crypto Assets Regulation (MiCA). The launch of EURI follows the implementation of the first phase of the MiCA regulation which applies to asset referenced tokens and e-money tokens from the 30 June 2024.
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.
Fintech News
AUGUST 27, 2024
Payments giant Visa and global neobank Revolut have announced a global partnership aimed at simplifying international payments for businesses. This collaboration introduces instant card transfers for Revolut Business customers through Visa Direct, a real-time payment network. By eliminating the usual complexities of cross-border payments, such as delays and high fees, this service allows businesses to send money globally using just a card number, with funds reaching the recipient within 30 minut
Fintech Finance
AUGUST 27, 2024
Fintech Conotoxia introduces cards for its business customers – with a new image. Companies can order multi-currency cards, which can be used to pay in more than 160 currencies worldwide and make payments in 23 without currency conversion. Business cards from global fintech Conotoxial are used for payments at home, online and abroad. They constitute support in controlling the company’s and its employees’ expenses.
Fintech News
AUGUST 27, 2024
Silverlake Axis announced on 26 August that it plans to go private through a buyout offer of 36 cents per share, according to The Edge Singapore. This cash offer represents a 28.1% premium over the volume-weighted average price (VWAP) for the one-month period leading up to 23 August. Additionally, the offer provides premiums of 25%, 31.9%, and 31.9% over the three-month, six-month, and 12-month VWAPs, respectively.
Fintech Finance
AUGUST 27, 2024
PayPoint and Teya are delighted to announce its partnership which has led to the launch of a new service for Teya Business Account holders at PayPoint stores nationwide. Teya customers can now access a convenient cash payment service where they can add funds directly into their business accounts at over 29,000 PayPoint stores across the UK. The process is quick and initiated via the Teya App where customers can put cash for a specified amount, by generating a unique barcode.
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.
Bank Automation
AUGUST 27, 2024
Bank of Montreal is deploying AI to improve customer experience and grow digital sales of its products to gain market share. In its third fiscal quarter of 2024, which ended June 30, BMO reported that nearly 3 million AI-enabled customer interactions were performed by its AI-driven chatbot, BMO Assist, according to its Aug.
Fintech Finance
AUGUST 27, 2024
ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, and Mexipay , a leading Mexican financial technology company, have announced the extension of their partnership to enhance Mexico’s real-time payments ecosystem, with the aim of driving instant payments adoption and boosting economic growth and financial inclusion for Mexico’s businesses and consumers.
Bank Automation
AUGUST 27, 2024
San Francisco-based Wells Fargo appointed Tracy Kerrins as head of consumer technology and leader of the bank’s new generative AI team, according to a July 30 release. Kerrins, who joined Wells Fargo in 2019, has been CIO for consumer technology and enterprise functions technology.
Fintech Finance
AUGUST 27, 2024
Yuno , the world’s leading global payment orchestrator, proudly announces the appointment of Jonathan Summerton as its new SVP of Enterprise Commerce, marking a significant step in its ongoing expansion across the United States (U.S.). Under the leadership of Carol Grunberg, Yuno’s Chief Business Officer, Jonathan Summerton will advance the company’s commitment to revolutionizing global cross-border commerce, expanding their already impressive presence in over 80 countries.
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Bank Automation
AUGUST 27, 2024
United Kingdom-based digital bank OakNorth was granted regulatory approval by the Federal Reserve and the New York State Department of Financial Services on Aug. 26 to market its products and services in the United States. The bank’s “U.S. representative office will act as a liaison with current and prospective U.S.
Fintech Finance
AUGUST 27, 2024
DNA Payments , one of the largest independent, fully vertically integrated omnichannel payment companies in the UK and EU, has made an important appointment to further bolster its finance and senior leadership teams. Preete Janda has joined its board as chief financial officer following a recruitment process led by finance recruitment specialist Headstar.
Finextra
AUGUST 27, 2024
For many companies today, the question is no longer "Should we migrate to the cloud?" but.
Fintech Finance
AUGUST 27, 2024
MoneyGram International, Inc. (“MoneyGram” or the “Company”), a leading global financial technology company that connects the world’s communities, today announced the appointment of Josh Gordon-Blake as Chief Digital Officer. As the Company’s digital business surges, Gordon-Blake joins to amplify momentum, spearheading digital strategy with a focus on the growth and global expansion of MoneyGram Online (“MGO”).
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Basis Theory
AUGUST 27, 2024
Summer Changelog In June and July, the team worked on many updates and enhancements to the Basis Theory Platform, from identity access updates, to webhook subscriptions, and more.
Finextra
AUGUST 27, 2024
Klarna saw revenue rise 27% in the first half of 2024, buoyed by its aggressive use of AI, which CEO Sebastian Siemiatkowski says could help the BNPL giant halve its workforce.
The Paypers
AUGUST 27, 2024
Russia’s central bank has considered amending the law to introduce a new category of ‘qualified investors,’ which would allow them to trade crypto.
Finextra
AUGUST 27, 2024
Revolut has teamed up with Visa to offer business customers instant card transfers for cross-border transactions.
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Fintech Finance
AUGUST 27, 2024
IDEX Biometrics has reached an important milestone for IDEX Pay by successfully passing Visa’s certification using Visa’s latest VBSS(*) biometric payment application. The IDEX Pay biometric solution includes the IDEX Biometrics proprietary card operating system and latest technology fingerprint sensor with Infineon’s high performing SLC38 secure element.
The Fintech Times
AUGUST 27, 2024
Instant Card Transfers will now be made available to Revolut Business customers as the global financial app partners with Visa , the digital payment juggernaut. This new service will enable Revolut Business customers to send money across the globe securely and in real-time. This tackles a traditional pain point often faced by businesses looking to make international transfers: long wait times.
Finextra
AUGUST 27, 2024
Zero, a UK finance app targeting climate-active young Brits has signed up a host of technology partners ahead of its launch later this year.
The Fintech Times
AUGUST 27, 2024
Bank of New Zealand (BNZ) has become the first bank in the region to meet a major milestone set by governance organisation Payments NZ, having taken another step towards open banking. Bank of New Zealand has implemented the Payments NZ Account Information API v2.1 standards, which when open banking is fully operational, will enable New Zealanders to safely and securely share their financial information with approved providers.
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.
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