Payments Dive

NOVEMBER 21, 2024

The e-commerce giant began letting needy families shop on its website with their federal benefits cards earlier this month.

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Payments 151

The Payments Association

NOVEMBER 21, 2024

Paydock, a leading eCommerce payment orchestration platform, has announced a strategic partnership with Aevi, a pioneer in card-present payment orchestration, to deliver a true omnichannel payment orchestration offering for financial institutions, merchants and ISVs. This partnership unites Paydock’s expertise and agnostic infrastructure in digital payments with Aevi’s advanced in-store payment solutions.

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Payments Dive

NOVEMBER 21, 2024

In finalizing the new rule to oversee digital wallet providers Thursday, the Consumer Financial Protection Bureau said it made important changes to its initial proposal.

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Rules CFPB Payments Consumer 97

The Payments Association

NOVEMBER 21, 2024

Paydock continues to grow its partner network, forging strategic alliances that deliver enhanced value and operational efficiency to merchants and financial institutions worldwide. The latest addition to this network is Forter, a global leader in AI-powered fraud prevention, who joins Paydock in transforming fraud detection and prevention for online businesses.

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Fraud Prevention Payment APIs and Integration Alternative Payment Methods Fraud Detection 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

Payments Next

NOVEMBER 21, 2024

By John Gronen, Chief Financial Officer, Yooz Imagine you’re managing a busy marketplace. Dozens of merchants, hundreds of customers, and money constantly The post How AI is Revolutionizing Fraud Detection in B2B Payments first appeared on Payments NEXT.

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Fraud Detection B2B AI Payments 88

Stax

NOVEMBER 21, 2024

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. A study by the Federal Reserve Bank of San Francisco showed that credit cards account for 31% of all payments, significantly more than cash at 18%, and debit cards at 29%. There is no way around it: credit cards are an essential part of the everyday life of your customers and you will only lose customers if you aren’t ready for

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Credit Cards Small Business Process Credit Card Payment Processing 88

Fintech News

NOVEMBER 21, 2024

India is advancing efforts to establish cross-border payment linkages with multiple countries, as reported by Bloomberg, citing an official from the Reserve Bank of India (RBI). T Rabi Sankar Deputy Governor T. Rabi Sankar, speaking at a conference in the Philippines, highlighted ongoing discussions with nations like the UAE and other regional neighbors to broaden this network.

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Cross-Border Payments Cross-Border Digital Currency Central Bank 89

Fintech Finance

NOVEMBER 21, 2024

Network International, a leading enabler of digital commerce in the Middle East and Africa, has launched the fourth annual ‘State of Pay’ report, which provides an in-depth look at South Africa’s payment landscape and current trends. Featuring expert insight from companies like Absa and KFC, as well as extensive merchant and consumer survey data, the report highlights the convergence of commerce – an industry-defining trend that is set to deliver customer convenience and merchant efficiency.

Point-of-Sale (POS) 91

Point-of-Sale (POS) Online and Mobile Banking Value Added Service Database 91

Finextra

NOVEMBER 21, 2024

Microsoft Brazil, 7COMm and Chainlink are to work with Banco Inter on a trade finance application as part of the second phase of the central bank's trials of its digital currency, Drex.

Finance 87

Finance Central Bank Digital Currency 87

Fintech News

NOVEMBER 21, 2024

A staggering 67% of global banks are experiencing client abandonment during the KYC onboarding process, marking a significant jump from 48% in 2023, according to new research by regtech firm Fenergo. Fenergo’s 2024 Know Your Customer (KYC) and onboarding trends survey, which gathered insights from over 450 C-suite executives in global banks across the UK, US and Singapore, highlights the urgent need for financial institutions to improve their KYC procedures.

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Procedures Due Diligence AML Non-Bank 85

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Fintech Finance

NOVEMBER 21, 2024

Adyen , the global financial technology platform of choice for leading businesses, brings Tap to Pay on iPhone to its New Zealand retailer customers. By partnering with NewStore for the launch, businesses including Lorna Jane and R.M.Williams can now accept contactless payments using only an iPhone and the NewStore Associate iOS app. Adyen and NewStore will enable Tap to Pay on iPhone for their joint customers, which accepts all forms of contactless payments, including contactless credit and de

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Contactless Payments Debit Card Encryption Transactions 86

Finextra

NOVEMBER 21, 2024

The Consumer Financial Protection Bureau (CFPB) has finalised a rule that will see it supervise tech giants such as Apple and Google that offer digital payment apps and wallets.

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Consumer Financial Protection Bureau (CFPB) CFPB Rules Payments 81

Fintech Finance

NOVEMBER 21, 2024

ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, have announced that Zimswitch , Zimbabwe’s national electronic payments switch and a leading payments technology company, has chosen ACI’s Fraud Management and Payments Intelligence solution to enhance its fraud prevention and management capabilities. Through this implementation, Zimswitch aims to bolster the security of Zimbabwe’s digital payment infrastructure and provide an elevated level of p

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Fraud Prevention Ubiquitous Payments Mitigation 78

Finextra

NOVEMBER 21, 2024

Mastercard has connected its Multi-Token Network (MTN) to JPMorgan's Kinexys Digital Payments rail for B2B cross-border payments settlement.

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Settlement Cross-Border Payments Visa Digital Payments 81

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

Fintech Finance

NOVEMBER 21, 2024

In Sub-Saharan Africa, approximately 105 million adults are unbanked and lack proper identification documents ( [link] ). Over 350 million adults in Africa live on a cash-only basis ( [link] ), without access to financial accounts, credit cards, or lending facilities. Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.

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Payment Networks Digital Payments Stablecoins Digital Currency 78

Finextra

NOVEMBER 21, 2024

Three quarters of financial services firms in the UK are already using artificial intelligence, yet nearly half of these users have only a "partial understanding" of the AI they are deploying, according to a Bank of England and FCA survey.

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AI 72

Fintech Finance

NOVEMBER 21, 2024

New Africa Technology (NAT) , a fintech company based in Senegal, joins forces with Mastercard to introduce a virtual and physical prepaid card for individuals through NAT’s existing digital wallet solution, ‘’Flash’’. This collaboration aims to transform the payment landscape in Senegal, Côte d’Ivoire, and Benin. The solution is also designed to support merchants by driving payment acceptance through advanced technologies such as QR Pay, Pay by Link and contactless payments.

Visa 81

Visa Technology FinTech Financial Inclusion 81

Finextra

NOVEMBER 21, 2024

Worldline [Euronext: WLN], a global leader in payment services, has signed a contract with GarantiBBVA International N.V. to implement its cloud-based instant payments solution.

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Instant Payments Payments Payment Solutions 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

Fintech Finance

NOVEMBER 21, 2024

Inn-Flow , the all-in-one operations software for hoteliers, announces its new integration with DailyPay , a worktech company and leading provider of earned wage access. This new integration allows hotel owners, managers, and operations teams to offer staff choice and control over their earned pay, increasing employee satisfaction and boosting their financial flexibility.

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Payroll Adjustments Research Finance 78

Finextra

NOVEMBER 21, 2024

GTreasury, the pioneer and global leader in Digital Treasury Solutions for the Office of the CFO, and PNC Bank, one of the largest banks in the United States, today announced an integration with PNC’s embedded banking solution, PINACLE® Connect, and GTreasury’s treasury and risk management platform.

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Treasury Risk Management Risk 69

Fintech Finance

NOVEMBER 21, 2024

Beacon , a company reinventing financial services for immigrants to Canada, proudly announces the launch of Beacon Money. With an open waitlist and launching publicly in January 2025, Beacon Money allows immigrants from around the world to open, fund and use Beacon Money within the Beacon Super App prior to their arrival, and then for their daily payment and spending needs once they are living in Canada.

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ATM SWIFT Verification Accounts 75

Finextra

NOVEMBER 21, 2024

Wirex, a leading Web3 money app, is thrilled to announce a groundbreaking global alliance with Banking Circle, a leading provider of next-generation banking services.

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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

Fintech Finance

NOVEMBER 21, 2024

Two-thirds of Brits have used or plan to use retail credit during the Christmas season. Moneyhub ’s Christmas Retail Credit Report reveals that retail credit users spend an average of £1,012.55 over the holidays, with £759.71—nearly three-quarters—financed through retail credit. It also highlights how Open Banking can help lenders and retailers better serve customers and manage lending risks.

Credit Cards 74

Credit Cards Assessments On-Demand Rules 74

Finextra

NOVEMBER 21, 2024

In this PREDICT 2025 USA interview, Andrew Shikiar, Executive Director and CEO, FIDO Alliance, discusses how the industry has been exploring the death of the password for decades, how this conversation has evolved and where we are with passkeys today – pinpointing why making progress with eliminating dependence on passwords is of paramount importance.

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Authentication Payments 64

The Fintech Times

NOVEMBER 21, 2024

Uncovering the state of climate fintech in 2024, Tenity , the global fintech innovation ecosystem and early-stage VC, has published its third ‘Climate Fintech Report’, revealing that the industry has been resilient to economic challenges. Looking at 750 startups from across the globe, Tenity found that female founders are making unprecedented gains in climate fintech.

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Innovation FinTech Risk Assessment Assessments 64

Finextra

NOVEMBER 21, 2024

finova Broker, formerly known as eKeeper Group, today launches as a dedicated arm of the finova brand, bringing a fresh, focused approach to supporting the needs of the intermediary sector.

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The Fintech Times

NOVEMBER 21, 2024

Payments giant Mastercard is joining forces with Fundbot , a UAE-based fintech firm specialising in supply chain financing, to accelerate business-to-business (B2B) payment flows via a new payments platform linking buyers and suppliers. Initially launching in the UAE and Saudi Arabia, the new tech-driven solution aims to boost user experience by including added-value capabilities, such as the dynamic discount product from Fundbot that incentivises quicker B2B payments, fast-tracking the conversi

Visa 59

Visa B2B Payments Industry Trends 59

Finextra

NOVEMBER 21, 2024

ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, have announced that Zimswitch, Zimbabwe’s national electronic payments switch and a leading payments technology company, has chosen ACI’s Fraud Management and Payments Intelligence solution to enhance its fraud prevention and management capabilities.

Fraud Prevention 64

Fraud Prevention Origination Global Payments Innovation 64

The Fintech Times

NOVEMBER 21, 2024

Looking to broaden the access of information on US capital markets for Korean retail investors, Toss Securities , the South Korean investment platform, has launched its exclusive Research Centre. The Toss Securities Research Centre is composed of analysts with backgrounds in assessing major international players and sectors. They will guide research agendas that support retail investors exploring opportunities in US securities.

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Research Security Assessments Innovation 59

Bank Automation

NOVEMBER 21, 2024

Varo Bank is building generative AI co-pilots by tapping internal tooling and Amazon Web Services. The $486 million digital, cloud-first bank is using AWS’ Bedrock to build generative AI applications and foundations, Viral Parikh, head of data at Varo, told Bank Automation News at Bank Transformation Summit 2024 in Charlotte, N.C. A co-pilot is an […] The post Inside Varo Bank’s gen AI co-pilot build-out appeared first on Bank Automation News.

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AI Automation Posting 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