Fri.Oct 18, 2024

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BRI Partners with Nium to Expand Real-Time Cross-Border Payment Solutions

Fintech Finance

Nium , the leading global infrastructure for real-time cross-border payments, is thrilled to announce a partnership with Bank Rakyat Indonesia (BRI) to provide Indonesian customers with real-time international money transfer capabilities. This collaboration aims to enhance the cross-border offerings for BRI’s individual and corporate customers, delivering more accessible and cost-effective financial services across Indonesia.

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PayPal drops fundraiser tool on app

Payments Dive

The payments pioneer is discontinuing a program through which app users could post fundraising drives, often for personal needs. Other options for donating will remain.

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Lowell Enhances Its Debt Collection Operations With a New Three-Year SaaS Partnership Extension With Tietoevry Banking

Fintech Finance

Lowell , one of the largest credit management companies in Europe, has signed a 3-year extension of its contract with Tietoevry Banking for Collection Suite Nova, the market leading end-to-end collection solution driving growth. The new contract ensures continued use of Collection Suite Nova delivered as Software as a Service (SaaS) from Tietoevry’s private cloud.

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PLAY Partners With TapNation to Introduce Millions to Web3 Through Mobile Games

The Fintech Times

PLAY , a platform integrating Web3 technologies into gaming, has partnered with TapNation, in a move hoping to bring mobile games to the forefront of the Web3 movement. Through the new partnership, PLAY plans to expand its ecosystem by integrating blockchain features into popular TapNation mobile games. With 60 million monthly active users and 1.4 billion downloads across over 50 games, TapNation plans to deliver Web3-powered features using PLAY’s Software Development Kit (SDK).

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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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Cash App Pay Integrates with Lyft for Seamless Payments

Fintech Finance

Starting today, Cash App and Lyft are partnering to give digital-first consumers more flexibility when taking a ride. This partnership puts the convenience and accessibility of paying with Cash App Pay front and center, focusing on the preferences of the next generation of customers. “Lyft connects riders with the people and places they love. Today’s partnership with Cash App gives riders even more options for getting out into the world — making it as easy and rewarding to pay for a Lyft ride.

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Employees who lean on EWA face increased fees

Payments Dive

Many employees who use earned wage access services are high-frequency customers who end up with higher overdraft costs, said a Center for Responsible Lending report this week.

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More Trending

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Navigating the Fintech Frontier: Essential Risk Metrics Every Fintech Leader Must Know

The Fintech Times

Risk management is a necessity in fintech, as well as a legal obligation. However, the depth and quality of this management can become a significant competitive advantage. As digital financial services continue to disrupt traditional banking models, fintech companies are increasingly operating across borders, facing complex regional regulations and diverse market conditions Olegs Cernisevs, CTO, Blackcatcard Doctor of Science and Blackcatcard CTO Olegs Cernisevs sheds light on the pivotal role o

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Fime Launches Industry’s First EMV® C-8 Contactless Kernel Testing Services

Fintech Finance

Fime is proud to announce that it is the first to offer testing services in line with the EMV®* C-8 Contactless Kernel Specification**. This new approach is set to significantly streamline the development, testing and launch of new contactless payment terminals for vendors, merchants and solution providers. The new EMV Contactless Kernel specification aims to simplify contactless payment acceptance.

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Apple, Klarna collaborate on BNPL

Payments Dive

The tech giant has linked with the Swedish buy now, pay later provider to offer Apple Pay customers in the U.S. and U.K. another payment option.

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Ultimate Care Partners With DailyPay To Support Employee Financial Wellbeing

Fintech Finance

Ultimate Care , a premier licensed home healthcare agency serving New York City and Westchester County, has partnered with DailyPay , a worktech company and leading provider of earned wage access. Within this partnership, Ultimate Care is modernizing its benefits offerings by providing the financial wellness benefit to empower all its employees access to their earned pay at their convenience.

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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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Why US fintech and banking is at an inflection point

Finextra

Boston Fintech Week returned this week for its seventh instalment, welcoming industry experts and executives to a two day conference at the Federal Reserve Bank of Boston to discuss the state of banking and fintech at full throttle in the US, and explore what lies ahead.

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Henry Helgeson Talks About His Past & BlueSnap’s Future

BlueSnap

Hear BlueSnap CEO Henry Helgeson join the Leaders in Payments podcast to talk about his experience in the payments industry, the current trends and what’s next for BlueSnap as it continues to simplify the complexity of payments. The post Henry Helgeson Talks About His Past & BlueSnap’s Future appeared first on BlueSnap.

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Bank of Kenya migrates national payment system to ISO20022

Finextra

Earlier this week, the Bank of Kenya announced the successful migration of the Kenya Electronic Payment and Settlement System (KEPSS) to the ISO20022 Global Messaging Standard.

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Broadridge launches new instant payments services

The Paypers

Broadridge has announced the launch of its Instant Payment Service, designed to support real-time money transfers and continuous exchange of instant transactions.

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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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WWF and TNFD partner up to launch nature-related data platform

Finextra

The World Wildlife Fund for Nature (WWF) has collaborated with the Taskforce on Nature-related Financial Disclosures (TNFD) to form a global Nature Data Public Facility (NDPF) that will facilitate financial institutions in capturing and collected nature-related data.

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MoonPay adds Venmo as payment option for US users

The Paypers

US-based crypto payments firm MoonPay has announced that eligible US users can now use Venmo as a payment method to fund their accounts.

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J.P. Morgan Joins MEIRA Annual Event as Diamond Sponsor, Backing New Corporate Access Experience

The Fintech Times

As the Middle East Investor Relations Association (MEIRA) gears up for the 16th edition of its annual conference and awards ceremony in December, the entity has revealed that global investment banking solution provider J.P. Morgan is joining the event as a diamond sponsor. On 11 and 12 December, the 2024 MEIRA Annual Conference will return to Abu Dhabi, to offer a strategic platform for listed companies, brokers, research analysts, IR advisory firms, investors, Exchanges and regional regulatory

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Premier Bank, Mastercard, Tappy Technologies launch Tap2Pay

The Paypers

Premier Bank , in partnership with Mastercard and Tappy Technologies , has announced the launch of Tap2Pay, a tokenisation-passive payment wearable.

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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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Ally focuses on digital experience in face of outflows

Bank Automation

Ally Financial expects deposits to flow out as interest rates go down, but it is looking to digital tools and experiences to maintain — and even grow — deposits. “Our focus remains on providing a great customer digital experience while simultaneously demonstrating efficiency by adapting to different operating environments” like a low-rate cycle, Russ Hutchinson, […] The post Ally focuses on digital experience in face of outflows appeared first on Bank Automation News.

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Unboxing holiday trends: ACI’s insights on payments and fraud for the golden quarter

ACI Worldwide Blog

As the holiday season approaches, merchants are busy dusting off their payment strategies to prepare for the annual sales surge. ACI’s latest holiday report, Unwrapping Checkout Trends, provides crucial insights that should have merchants rethinking their priorities – especially regarding intelligent payments and fraud orchestration. Here’s a quick snapshot of the findings.

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Fifth Third’s tech spend jumps 5% YoY

Bank Automation

Fifth Third Bank’s overall noninterest expenses increased in the third quarter driven by higher technology and communication spend. The $214 billion bank saw a $23 million increase from Q2 in noninterest expenses in the third quarter to $1.24 billion, driven by continued investments in its technology and branches, according to its earnings supplement released today. […] The post Fifth Third’s tech spend jumps 5% YoY appeared first on Bank Automation News.

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FIS forms partnership with Fulham FC

Finextra

Global financial technology leader FIS® (NYSE: FIS) and Fulham Football Club have together announced a new partnership, unveiling the state-of-the-art Markers, presented by FIS, an innovation space and technology hub at the new Fulham Pier.

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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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KeyBank’s computer processing spend spikes 17%

Bank Automation

KeyBank’s cloud migration costs contributed to increased computer processing spend despite total noninterest expense slightly declining in the third quarter. The $187 billion bank’s total noninterest expense, which includes computer processing, fell 1.4% year over year to $1.1 billion, according to the bank’s Oct. 17 Q3 earnings release. Computer processing costs, however, increased $15 million […] The post KeyBank’s computer processing spend spikes 17% appeared first on Bank Automation

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Nasdaq integrates AI for portfolio risk calculations

Finextra

Nasdaq (Nasdaq: NDAQ) has announced it has developed an innovative new methodology to conduct investment portfolio risk calculations and produce predictive analytics, based on advanced machine learning capability.

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Trustech

The Nilson Report

Trustech remains a popular mix of tradeshow and conference with over 200 international exhibitors, and around 150 international speakers, covering the latest technologies and trends in the fields of Payments & Identification.

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Nium teams with Bank Rakyat Indonesia on cross-border payments

Finextra

Nium, the leading global infrastructure for real-time cross-border payments, is thrilled to announce a partnership with Bank Rakyat Indonesia (BRI) to provide Indonesian customers with real-time international money transfer capabilities.

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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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Future of AP: Old challenges, fresh perspectives

Nanonets

Imagine turning your often-overlooked Accounts Payable department into a strategic powerhouse. While businesses race to optimize every corner of their operations, AP quietly holds untapped potential. The future of AP automation promises to transform this traditional back-office function into a strategic asset that drives company-wide growth. As businesses face increasing financial pressures, the modern AP team must evolve beyond manual tasks.

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ClearBank Highlights Growing ‘Chasm’ Between Fintechs and Agency Banks as Quality of Service Falls

The Fintech Times

There is a rising indifference to agency banks among fintechs, according to ClearBank , the enabler of real-time clearing and embedded banking for financial institutions, which has released research into the attitudes of fintechs towards agency banks, with worrying implications for long-term relationships. The ClearBank report, ‘ How well are fintechs served by banks?

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Polimec Announces Integration with Banxa, Simplifying Web3 Fundraising on Polkadot with Fiat Payments

Fintech Review

Zug, Switzerland, October 18th, 2024, Chainwire Polimec, a decentralized Web3 fundraising protocol on Polkadot, is excited to announce its integration with Banxa, a prominent fiat-to-crypto gateway. This integration allows users to invest in blockchain projects using credit cards, introducing a new user experience and making it easier for both experienced and new investors to participate in Web3 fundraising.

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Hazeltree bolsters zConnect platform with Necto APIs

Finextra

Hazeltree, a leading New York-based cloud-based treasury and liquidity management solution for hedge funds and private equity firms, has announced a partnership with Necto API ("Necto"), a global fintech company transforming corporate finance and treasury departments by aggregating bank APIs. This collaboration will enable Hazeltree to enhance its global bank connectivity network, helping its clients access a broader range of financial data sources seamlessly and efficiently.

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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.