Tue.Oct 08, 2024

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Sneak Peek: 2024 Asia-Pacific Community Meeting Speakers

PCI Security Standards

The excitement is building as we get closer to this year’s Asia-Pacific 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 Hanoi, 20-21 November.

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Singapore Based WadzChain Launches Hybrid Blockchain to Simplify Global Payments for Businesses

Fintech Finance

WadzChain Network, a global leader in innovative blockchain technology, announced today the launch of one of the world’s first hybrid blockchains intending to transform global payments for businesses. WadzChain’s user-friendly interface and a highly scalable platform offers the ideal solution for businesses looking for secure, scalable, fast and cost-effective transactions locally or across the globe over encrypted blockchain networks.

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Durbin jumps into Illinois interchange law fray

Payments Dive

Sen. Dick Durbin threw his weight behind an Illinois law that would nix interchange fees on taxes and tips, supporting the edict in a court document filed Friday.

Laws 97
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Trustly Appoints Adam Miller as Group CFO to Drive Ambitious Growth

Fintech Finance

Trustly , the global leader in open banking payments, is excited to announce the appointment of Adam Miller as its new Group Chief Financial Officer (CFO). Based in Stockholm, Adam joins Trustly from Deliveroo, where he served as CFO for over two years, successfully leading the company through its 2021 London Stock Exchange listing and navigating significant growth during the pandemic.

Finance 108
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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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Tenity Opens Applications for Singapore Fintech Accelerator

Fintech News

Tenity, an innovation ecosystem specialising in early-stage fintech startups, is inviting applications for the ninth batch of its accelerator programme in Singapore. The Tenity Singapore Fin/Tech Accelerator programme aims to support early-stage companies looking to grow and enter new markets. The programme offers startups pre-seed investment of SGD 70,000 in exchange for 2.5% equity, along with potential follow-on investment of up to SGD 350,000, depending on case-by-case evaluations.

FinTech 112
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Fabrick and TerraPay Partner to Innovate Cross-Border Payments in Europe

Fintech Finance

Fabrick , an Open Finance operating company is expanding its geographical footprint by partnering with TerraPay , a company simplifying global money movement. Initially focused on the Italian market, this partnership will enable businesses to access a unified platform that streamlines payment processes, reduce operational costs, and ensure compliance with regulatory requirements.

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Cashflows Brings Mastercard Click to Pay to UK Businesses

Fintech Finance

Cashflows , the platform that makes it easy for merchants to accept payments, today announces its partnership with Mastercard to offer its merchants Click to Pay. Mastercard Click to Pay is a simple, secure, and consistent way to make online payments, offering consumers a fast and intuitive guest checkout across devices & browsers. Built on EMVCo standards, Mastercard Click to Pay eliminates the need to manually enter card details or remember a variety of ever-more complex passwords.

Visa 98
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WadzChain Network unveils hybrid blockchain to simplify global payments for businesses

Finextra

WadzChain Network, a global leader in innovative blockchain technology, announced today the launch of one of the world’s first hybrid blockchains intending to transform global payments for businesses.

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CoreFirst Bank & Trust Selects NCR Atleos to Expand Financial Access for Customers

Fintech Finance

ATLANTA — NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $1.2 billion-asset CoreFirst Bank & Trust has selected Atleos’ Allpoint Network to provide wider, more convenient access to everyday banking transactions for its customers.

ATM 98
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Actual Costs of PCI Compliance

Basis Theory

Measuring the cost of PCI compliance has to be done both in terms of hard costs, but then indirectly and the cost of falling out of compliance.

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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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Over Half of Consumers Find Billing Statement Descriptions Confusing—Costing UK Merchants Millions in Chargebacks

Fintech Finance

Research from Chargebacks911 , the global chargeback technology leader, shows that unrecognised transactions are the leading reason for customers to dispute a transaction, causing a significant headache for merchants, draining resources and impacting their bottom line. According to data from Visa and survey data from Chargebacks911, chargebacks stemming from confusing billing descriptors are costing U.K. merchants more than £128 million each year.

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Bootstrapped Fintech Surfin Lands US$12.5M in First External Funding Round

Fintech News

Fintech firm Surfin has raised US$12.5 million in Series A funding from Insignia Ventures Partners. Surfin began with consumer lending and has since expanded into various financial services, including payments, remittance, credit card issuance, and wealth management. The company leverages AI and data analytics to support its operations, enabling it to provide scalable financial services tailored to the needs of the underserved middle class.

FinTech 111
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CONCRYT: New Whitepaper Highlights Payment Gateway Best Practices

Fintech Finance

A new whitepaper from breakthrough fintech project CONCRYT has been published to guide merchants in selecting a payments gateway, and highlight best practices that reduce chargebacks and declines. ‘Payments Gateways: Combatting False Declines and Improving Authorisations’ also explains how choosing the right payment gateway directly impacts the customer experience, operational efficiency, and overall business success.

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Healthcare’s paper check disease

Payments Dive

“The persistence of paper checks for patient refunds is not just an inconvenience — it's a symptom of a larger problem that threatens the very sustainability of healthcare organizations,” one software firm CFO writes in this opinion piece.

Checks 78
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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.

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Moneybox Renews with GoCardless to Power Seamless Payments in Savings and Investments

Fintech Finance

Savings and investing platform Moneybox has renewed its relationship with bank payment company GoCardless , building on an eight-year partnership. Moneybox launched in 2016 with GoCardless as its preferred payment method, enabling customers to transfer money into its wide range of savings and investment products. Today, more than 92% of Moneybox’s payment transaction volumes go through GoCardless.

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IRAS and DBS Launch eGIRO for Faster Tax Payments

Fintech News

Taxpayers in Singapore now have access to a quicker and simpler way to manage their tax payments through the new eGIRO service introduced by DBS and the Inland Revenue Authority of Singapore (IRAS). The eGIRO service allows both individual and corporate taxpayers to apply for GIRO online via IRAS’ myTax Portal, streamlining the process and significantly reducing the time needed for approval.

Payments 105
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Crypto.com sues SEC after receiving Wells notice

Finextra

Crypto.com has filed a lawsuit against the Securities and Exchange Commission after receiving a Wells notice from the regulator warning that enforcement action may be on the way.

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MoneyHero Launches New Car Insurance Platform With bolttech

Fintech News

MoneyHero has launched a new car insurance platform through a partnership with bolttech , leveraging its insurance exchange technology to enhance the consumer experience. This upgraded platform, now live in Hong Kong, offers a more seamless process for car insurance buyers, featuring comprehensive comparison tools and accurate pricing. MoneyHero plans to roll out the platform in Singapore by the end of 2024 and in the Philippines by early 2025.

Product 103
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Enhance Customer Value: Unleash Your Data’s Potential

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.

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Our top product updates from Stripe Tour New York

Stripe

We announced increased interoperability, major upgrades to Stripe Billing, new embedded components for financial services, and a lot more.

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MAS Seeks Feedback to Close Regulatory Gaps for Crypto Service Providers

Fintech News

The Monetary Authority of Singapore (MAS) has released a consultation paper , inviting public feedback on its proposed regulatory framework for Digital Token Service Providers (DTSPs). The framework is designed to ensure compliance with international standards, particularly in relation to anti-money laundering (AML) and countering the financing of terrorism (CFT).

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Bank Automation Summit U.S. 2025 agenda is live

Bank Automation

Bank Automation News is pleased to announce that Bank Automation Summit U.S. 2025 will be held March 3-4 at the Hilton Nashville Downtown in Nashville, Tenn., providing attendees with insights on how financial institutions are benefitting from investments made in AI technology, teams and resources. The event brings together C-suite executives and industry experts to […] The post Bank Automation Summit U.S. 2025 agenda is live appeared first on Bank Automation News.

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EIB announces plan to boost funding for European fintechs

Finextra

The European Investment Bank (EIB) has proposed a series of measures designed to strengthen funding for fintechs and startups within Europe.

FinTech 75
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Top Strategies to Future-Proof & Sustain Your Merchant Services Portfolio

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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Banks diversify with healthtech investment

Bank Automation

U.S. banks are investing in health care payments technology companies to diversify revenue. The points of convergence between fintechs and healthtech companies are increasing, especially in the United States. Employing fintechs with billing or insurance capabilities, for example, can limit middlemen and costs in the health care payments system, Asaf Charnilas, principal investor at Tel […] The post Banks diversify with healthtech investment appeared first on Bank Automation News.

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Alloy Helps Commercial Lenders, Embedded Finance Providers Fight Fraud

Finovate

Back before regtech was cool, a Brooklyn, New York-based company called Alloy was introducing Finovate audiences and others to its technology that enables banks and other financial institutions to build fully-customizable APIs for customer identification and compliance. Even more, the company demonstrated how its graphical rules engine implements compliance rules in a way that actually optimizes conversions and coverage.

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Fintech Australia backs government's scam prevention plan

Finextra

The industry group for Australia's startup sector, Fintech Australia, has given its support for the government's proposals to implement scam obligations for financial services firms.

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Plaid Introduces Pay-by-Bank for Billpay

Finovate

Plaid has launched a pay-by-bank tool for bill payments in the U.S., allowing consumers to securely pay bills directly from their bank account without manually entering their account details. The tool provides offers billers cost savings and lower risk with fewer returned payments through its risk engine, Signal. Plaid’s pay-by-bank tool is already being used across industries like telecommunications and property management, integrating seamlessly with existing payment processors like Adyen, Nuv

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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

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Mastercard targets real-time card payments in South Africa

Finextra

South Africa is set to become the first country to benefit from Mastercard's push to introduce real-time card payments.

Visa 75
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Bank of America takes measured approach to product launches

Bank Automation

Bank of America depends on client feedback when approaching innovation. “We’re always gathering feedback from our clients to understand what their emerging needs are, and if there is a solution that we need to develop to help address those needs,” Mary Hines Droesch, head of product for consumer, business and wealth management banking and lending […] The post Bank of America takes measured approach to product launches appeared first on Bank Automation News.

Product 59
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Product Updates 10/24: Nomentia Cash Management

Nomentia

Increased visibility and efficiency, better control for your cash management In the latest Nomentia Cash Management 2024.09 release, we’ve introduced several key updates designed to streamline operations, improve security, and boost the overall user experience. With enhanced administrative controls , new bank connections, and simplified workflows, this release provides increased efficiency in banking and cash management with Nomentia.

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JCB and Nuvei expand partnership in Apac

Finextra

JCB International Co., Ltd. ("JCB"), Japan's only international payment brand, today announced that it has expanded its global partnership with Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, to include Singapore and Hong Kong.

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Secure SaaS Success: Embedded Finance as a Competitive Advantage

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.