Fri.Dec 01, 2023

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FPC 2024 Spring Member Meeting

Faster Payments Council

The Spring Member Meeting will bring together FPC members for two days filled with presentations on the most pressing issues in faster payments, panel discussions with industry experts, roundtables on timely topics, and engaging networking opportunities. This in-person event will take place on March 27-28, 2024, at the Walt Disney World Swan & Dolphin Resort in Lake Buena Vista, FL.

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FIS eyes small acquisitions

Payments Dive

Fidelity National Information Services is on the hunt for smaller acquisitions in one of its divisions, and it’s benefitting from other companies’ deals in another.

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Nine in 10 payment ring users say it’s their favourite way to pay

NFCW

SMART RING: Customers can connect their payment card to the ring to make contactless payments Nearly nine in 10 European consumers using a contactless payment ring say that it is their preferred method for making contactless payments (89%) compared with smartphone payments (49%) and payment cards (44%), according to a Mastercard survey. The survey comes as Mastercard partners with Intesa Sanpaolo bank to roll out a contactless NFC payments ring in Italy, enabling users to connect the device to t

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Who wants Apple’s credit card? Analysts weigh in.

Payments Dive

Synchrony, American Express and Capital One have all been floated by analysts as potential successors to Goldman Sachs for Apple’s credit card.

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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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Comparison and List of Payment Acquirers, ISOs, and Aggregators

Clearly Payments

In the intricate landscape of payment processing, merchants are confronted with a choice between three types of payment processors: Acquirers, Independent Sales Organizations (ISOs or MSPs), and Aggregators (PSPs or PayFacs). Understanding the distinctive roles each plays is important for businesses seeking an optimal payment processing solution. This article covers the differences between Acquirers, ISOs, and Aggregators, shedding light on their unique functions and contributions to the flow o

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Convenience retailer Yesway adopts Relay’s fuel payment software

Payments Dive

Relay’s cardless purchasing capability allows more fleets and drivers to avoid fraud caused by card skimming, the logistics payment company said.

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Future of Payments Review released by HM Treasury

The Payments Association

As part of yesterday’s 2023 Autumn Statement, the Future of Payments Review was published.

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TD’s tech spend up 18% YoY to $458M

Bank Automation

TD Bank is investing in technology to drive efficiency, reduce costs, and restructure operations with AI efforts at the forefront. The Toronto-based bank’s total technology and equipment expenses were CA$620 million ($458 million), up 18% year over year, according to its fiscal fourth-quarter (ending Oct. 31) earnings report.

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Finastra survey shows global investment in AI, embedded finance, and BaaS

Finextra

Finastra’s annual global State of the Nation Survey revealed that the financial services sector is investing in new innovations in artificial intelligence (AI), embedded finance, and Banking-as-a-Service (BaaS).

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ACH payments explained: A crash course for businesses

Cardknox

Table of Contents What is ACH? ACH payments vs. wire transfers The technology behind ACH payments How to accept ACH payments as a business Are ACH payments expensive? How Cardknox […] The post ACH payments explained: A crash course for businesses appeared first on Cardknox.

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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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10 Retention Email Examples to Engage Your Customers

Chargebee

The reality is that each email you create can contribute to improving customer retention. Rather than treating emails solely as a means of completing transactions, approach them as opportunities to foster connections and establish confidence in every user interaction. Whenever you send an email for a password reset, feature update, or promotional offer, use the chance to remind users of the benefits your product or service provides.

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Labour sets out plans to avoid 'banking deserts'

Finextra

With banks across the UK shutting down branches, the Labour Party says it will give new powers to regulators to guarantee people have access to cash and oversee the creation of hundreds of high street banking hubs if it wins the next general election.

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Make Your Products Come Alive with Chargebee Widgets and APIs

Chargebee

In the dynamic world of eCommerce, your customers crave shopping experiences that are not only smooth but also profoundly personalized. Chargebee’s widgets and APIs are meticulously crafted to revolutionize how your customers interact with your product descriptions, carts, and checkout pages—focusing on the flexibility and innovation that today’s consumers demand, Chargebee opens up new avenues for your business to connect more meaningfully with your audience.

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5 trends that left an imprint on the payments landscape this year

Tearsheet

2023 has been a wild ride for financial services. From the much-anticipated launch of FedNow to Twitter (X) making its payment debut , securing money-transmitting licenses in three US states to total US credit card debt surpassing a record $1 trillion , and Pay by Bank almost on the brink of becoming a consumer favorite, the payments landscape underwent a kaleidoscope of shifts.

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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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The Unseen Backbone of Banking: A Deep Dive into Matching and Reconciliation

Finextra

Last year I celebrated two decades of immersion in IT, specifically within the Financial Services se.

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Account Takeover Protection: Effective Strategies & Best Practices

Fraud.net

Modern account takeover protection requires implementing machine learning, geolocation, and anomaly detection to spot and prevent ATO fraud.

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What trends will dominate the B2B payments world in 2024?

Finextra

In with the old, as good as new The first use of a commercial card for a B2B payment was recorded b.

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Mambu and Aldermore Bank join forces

The Paypers

Mambu , a cloud banking platform, and Aldermore Bank , a UK-based retail bank and specialist lender, have partnered to modernise the latter's technology.

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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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Low-hanging fruits in transforming AFC and AML with GenAI and Integrated Case Management

Finextra

The two challenges everyone experience and the two answers you have been looking for in financial cr.

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PayU's India unit seeks IPO within next 12 months

The Paypers

The Indian unit of Prosus NV’s PayU financial technology firm has stated it is seeking an initial public offering within the next 12 months.

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Decoding BANT: AI's Precision vs. Human Intuition in Sales

Nanonets

Ask any salesperson and they will say their single biggest problem is trying to get more high quality leads. The problem can be broken up into getting more leads and focusing on the higher quality ones when you do get them. The winning sales team needs to constantly prioritize which leads to focus on and invest their time wisely. Having a clear framework to qualify leads can go a long way in identifying the most promising leads, having tailored conversations and quicker conversions!

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Australian BNPL regulations delayed until 2024

The Paypers

The Australian government has announced a delay on its BNPL laws until 2024, due to resourcing pressures on the federal government’s legislative drafting teams.

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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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YieldStreet Pads Alternative Investment Offerings with Cadre Acquisition

Finovate

YieldStreet has agreed to acquire Cadre. Financial terms of the deal were not disclosed. Cadre CEO Ryan Williams will lead YieldStreet’s new division focused on building an institutional audience. When the acquisition is finalized, YieldStreet will hold an investment value of more than $9.7 billion and will serve more than 500,000 investors. Alternative investments platform YieldStreet made its third acquisition today.

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Allianz Direct partners with ING

The Paypers

Allianz Direct has partnered with Netherlands-based ING in order to provide companies and firms in the region with its insurance products for business purposes.

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Finovate Global Australia: Payments Partnerships, Verification Pilots, and Debating the Fate of BNPL

Finovate

A newly announced partnership between institutional payment orchestration platform Paydock and Australia’s Commonwealth Bank (CBA) will give merchants in Australia the ability to offer their customers a range of new payment options. This new flexibility comes courtesy of PowerBoard , which provides a dynamic payments experience to customers via API, without requiring businesses to make major changes to their existing payments infrastructure. “Our partnership with CommBank sets a glob

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Syngrafii taps the Trulioo Identity Document Verification solution

The Paypers

Canada-based e-signing solution Syngrafii has integrated Trulioo Identity Document Verification into its iinked Sign and Video Signing Room (VSR) platform.

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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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Standard Chartered China provides digital yuan exchange services

The Paypers

International banking group Standard Chartered has started offering exchange services for China’s CBDC, the digital yuan.

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1Kosmos unifies identity verification across web and mobile platforms

The Paypers

1Kosmos has announced the 1Kosmos BlockID platform now enables organisations to extend web-based identity proofing sessions to a user's mobile device.

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Square launches Tap-to-Pay on iPhone in the UK

The Paypers

US-based payments platform Square has announced the launch of Tap-to-Pay on iPhone for its sellers across the UK aiming to improve their operations.

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Metro Bank in talks to offload a mortgage portfolio to Barclays

The Paypers

UK-based Metro Bank has entered negotiations to offload a GBP 3 billion mortgage portfolio to Barclays as part of a restructuring effort.

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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.