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 Review
AUGUST 27, 2024
Blockchain technology has revolutionised numerous industries by providing decentralised, secure, and transparent systems. However, one of the significant challenges it faces is interoperability between different blockchain networks. Cross-chain interoperability aims to address this issue, enabling seamless communication and transactions across various blockchain platforms.
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: 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
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.
Finextra
AUGUST 27, 2024
Thera, a leading payroll and payments platform, has announced that it has raised a $4 million Seed round with participation from Y Combinator, 10x Founders, Amino Capital, Zillionize, and Bayhouse Capital.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
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.
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.
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.
Nanonets
AUGUST 27, 2024
Introduction In today's fast-paced business world, the ability to extract relevant and accurate data from diverse sources is crucial for informed decision-making, process optimization, and strategic planning. Whether it's analyzing customer feedback, extracting key information from legal documents, or parsing web content, efficient data extraction can provide valuable insights and streamline operations.
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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?
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
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
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
Seon
AUGUST 27, 2024
With fraud losses estimated to cost global businesses billions annually, the need for effective fraud prevention strategies has never been more critical. On August 21, industry experts and peers gathered for a webinar co-hosted by SEON and the Merchant Risk Council , a global membership organization that focuses on eCommerce fraud prevention, payments optimization and risk management.
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
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.
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.
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.
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.
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
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.
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
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.
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
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
Adyen (ADYEN:AMS) has announced that Tom Adams will join Adyen as Chief Technology Officer (CTO). Adams will be succeeding Alexander Matthey, who after a decade of building Adyen will conclude his tenure later this year. “As we look at the opportunity ahead, we find ourselves in a key position to solve for the continued complexity that we see in the payments landscape,” says Pieter van der Does, Co-Founder and Co-CEO of Adyen.
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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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.
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.
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.
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.
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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.
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