Thu.Dec 19, 2024

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Request for Comments: Secure Software Lifecycle (Secure SLC) Standard v2.0

PCI Security Standards

From 19 December to 29 January, eligible PCI SSC stakeholders are invited to review and provide feedback on the draft Secure Software Lifecycle (Secure SLC) Standard v2.0 during a 40-day request for comments (RFC) period.

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Instalment Payments Boost Revenue of Global Companies in Brazil by 40%, Reveals EBANX

Fintech Finance

In Brazil, global companies offering instalments as a payment solution experience an average weekly revenue growth of 40%, as revealed by internal data from EBANX , a global technology platform specialising in payment services for rising markets. This trend is particularly pronounced in the gaming sector, where the Average Order Value (AOV) with instalments increases by 98% compared to single-payment transactions.

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Why it’s time to think broader than just payments: In conversation with Trust Payments

The Payments Association

Trust Payments CEO Laurence Booth emphasises the need for payment service providers to move beyond transaction processing, leveraging digitisation and personalisation to deliver seamless, data-driven experiences in an evolving consumer and regulatory landscape. The payments industry is at a turning point. Consumer expectations are evolving rapidly, and merchants are racing to keep up.

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Yuno Bridges the Gap in Asia Pacific’s Fragmented Payment Ecosystem

Fintech News

During a recent trip to China, Yuno Co-founder and CEO Juan Pablo Ortega ordered his go-to Starbucks drink a Venti Cold Brew and reached for his credit card. This routine transaction turned into an awkward exchange, when he was met with surpriseand even a hint of annoyancefrom the cashier. The reason? Credit cards are practically a relic of the past in China, with QR code payments via AliPay and WeChat Pay now already accounting for a collective 92% share in Chinas massive payments market.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Visa spots tripling of fraud over holiday weekend

Payments Dive

The card network attributed the spike in fraud partly to criminals adopting artificial intelligence to execute their schemes.

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Dialect announces new strategic partnership with Synalogik

The Payments Association

Dialect, the payments specialist business outsource provider and Synalogik , the data aggregation and fraud prevention platform, are pleased to announce their new strategic partnership. The partnership leverages Synalogiks APP Fraud prevention solution and Dialects specialist customer remediation services to deliver a comprehensive and seamless end-to-end APP fraud prevention and customer management offering for payments firms and financial institutions.

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CFPB takes aim at gambling card fees

Payments Dive

The federal agency says credit card issuers are charging cash advances fees of at least $10 on gambling transactions, even if those transactions are small.

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UK neobank app downloads surpass legacy banks for the first time

Finextra

A new analysis of finance, fintech and crypto apps on the Google Play Store by SplitMetrics, has found that UK neobanks have surpassed UK legacy banks in terms of app downloads for the very first time ahead of the festive season.

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Stripe CFO joins board of AI start-up Vercel

Payments Dive

The digital payments company’s CFO will become a director at the firm as it seeks to build out generative AI-enabled tools.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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Enfuce and Alisa Bank Launch Business Credit Card for SMEs in Finland

Fintech Finance

Enfuce , the leading provider of next-generation payment solutions in the Nordics, has partnered with Alisa Bank , Finlands forward-thinking digital bank, to introduce an innovative business credit card tailored for small and medium-sized enterprises (SMEs) in Finland. This collaboration is set to disrupt the SME banking landscape by offering a seamless, digital-first solution that meets the growing demand for flexible, cost-effective financial tools in the modern business world.

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Chime files for IPO

Finextra

Digital-first mobile bank Chime Financial has reportedly filed for an IPO, according to sources cited by Bloomberg.

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Taking Flight With Hands In: Is the Sky the Limit for Split Payments?

The Fintech Times

We sit down with Samuel Flynn , co-founder and CEO at Hands In , a split payments platform enabling users to split payments across multiple cards and people, to explore how the company has fared in the last 18 months and its plans for the future. With 2024 coming to a close, it’s an ideal time to reflect on how the fintech industry has fared, as well as a short period to take a breath and look to the future.

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Visa Completes Acquisition of Featurespace

Fintech Finance

Visa (NYSE: V) today announced it has completed its acquisition of Featurespace , a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. This will bolster Visas fraud protection capabilities and enhance security for its customers and consumers worldwide.

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15 Modern Use Cases for Enterprise Business Intelligence

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?

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Payment Stats That Will Blow Your Mind (and Change Your Strategy)

Clearly Payments

It’s the end of 2024 and the payments industry isnt just evolving its undergoing a seismic shift thats changing how the world does business. From crazy numbers to transformative technologies, the stats behind todays payment trends are more than just impressive; theyre a roadmap to the future. Whether its the meteoric rise of mobile wallets or the staggering costs of abandoned carts, these insights reveal opportunities that can redefine your strategy.

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New Zealand Moves to Reduce Credit Card Surcharges, Aiming to Boost Consumer Savings

The Fintech Times

New Zealand could soon see lower prices and fewer surcharges for credit card users as the country’s regulatory authority, the Commerce Commission , proposes slashing fees for accepting Visa and Mastercard payments. This initiative could potentially save businesses and consumers around $260million annually. According to the Commerce Commission, consumers spend approximately $95billion each year using Visa and Mastercard products, while New Zealand businesses incur around $1billion in fees t

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Deriving Solution Choices for Mainframe Modernization on AWS Cloud

Finextra

Introduction Todays organizations are adopting cloud and distributed architecture which will suppor.

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Streamly Snapshot: Disrupting the Market with Refunds-as-a-Service

Finovate

One of the latest developments in the payments space, Refunds-as-a-Service, promises to bring innovation to an area of customer experience – refunds – in which more than a trillion dollars of value are exchanged every year. In today’s Streamly interview , Jeremy Balkin, Founder and CEO of TodayPay , talks with me about his path from a Managing Director at J.P.

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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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Unmasking How Fraudsters Target UK Consumers in the Digital Age

Finextra

Fraud is evolving at an alarming pace, leaving UK consumers vulnerable in a digitally interconnected.

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How Does a Loan Origination System Integrate with Legacy Systems?

Finezza

As banking and lending become more inclusive and personalised, financial institutions continuously seek innovative solutions to streamline operations. One solution that has gained significant popularity in helping lenders improve their operations is the loan origination system (LOS). As per an IBSi report, over 55% of banks say the limitations of their existing core solutions are […] The post How Does a Loan Origination System Integrate with Legacy Systems?

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Sustainability-linked bonds see a drop in issuance – AFME ESG Report

Finextra

The Association for Financial Markets in Europe (AFME) has released its ESG report for the third quarter of 2024, seeing key developments in the ESG finance space.

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Worldline Launches FlexPricing, Empowering Software Vendors to Maximize Revenue Streams

Fintech Finance

Worldline [Euronext: WLN], a global leader in payment services, is proud to announce the launch of FlexPricing, a first-of-its-kind feature designed specifically for Independent Software Vendors (ISVs) to earn revenue in innovative and simple ways. With FlexPricing, software vendors can easily implement flexible pricing strategies that include charging a percentage fee on bank transfer transactions, adding custom fees, and letting Worldline take on their billing duties.

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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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Former UBS investment analyst unveils voice cloned AI education tool

Finextra

Geoff Robinson, a former UBS investment analyst, has launched an educational app that uses his digitally cloned voice and AI-generated expertise to help self-directed investors lean on his experience.

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Careem Pay and Purpl Partner to Simplify Sending Money to Lebanon

The Fintech Times

Careem Pay has rolled out a new service enabling UAE-based Lebanese residents to send money back home, following a partnership with Lebanon’s Purpl digital wallet. The remittance solution enables users to send transfers from AED into USD directly to mobile numbers connected to a Purpl wallet, circumventing the need for a traditional bank account.

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Monzo partners with SignLive to improve accessibility for deaf users

The Paypers

UK challenger bank Monzo has partnered with SignLive, an online interpreting service for British Sign Language (BSL), to enable users to chat with customer support teams.

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AP Teams Need Automation to Combat Rise in AI Invoice Fraud Finds Basware

The Fintech Times

Invoice automation firm, Basware has revealed that 90 per cent of organisations lack dedicated prevention teams, forcing accounting staff to juggle fraud management in addition to their regular responsibilities. This strain on resources has largely come as a result of generative AI according to the report. Specifically, 62 per cent of businesses cite generative AI as a key driver behind the surge in invoice fraud according to The Rise in AP Fraud report by Basware.

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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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Baltic Payment Forum, Where Innovation Meets Insight in the Dynamic World of Payments and Fintech

Fintech Finance

Pro Money are thrilled to invite you to the Baltic Payment Forum , where innovation meets insight in the dynamic world of payments and fintech. Taking place on March 5th 2025 at the Radisson Blu Hotel Lietuva, Vilnius, Lithuania. Who will attend? 300 + top-managers responsible for payment sphere of banks, financial and fintech companies, payment systems, solution providers from 30+ countries: Baltic States, European countries, Ukraine and other countries worldwide.

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Assessing the Impact of White Label Payment Gateways on Customer Retention

Finextra

In today's fast-paced digital economy, businesses are constantly seeking ways to enhance customer ex.

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What Is a Write-Off? Definition, Examples, and Key Insights

Paystand

Table of Contents What Is a write-off, and how does it work? What are the reasons for a write-off? What happens when your debt is written off?

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