Mon.Oct 30, 2023

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Consumers expect to use fewer digital wallets: report

Payments Dive

As more merchants accept digital payments for in-store purchases, consumers are moving away from using multiple, single-use payment apps, McKinsey Senior Partner Marie-Claude Nadeau said.

Consumer 173
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Singapore, Japan, Switzerland, and the UK to work on joint crypto initiatives

The Paypers

The Monetary Authority of Singapore (MAS) has planned to start collaborating on digital asset pilots with some European countries and Japan.

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Affirm sees CFPB supervision on the horizon

Payments Dive

The buy now, pay later company expects to begin being supervised by the federal watchdog in the “immediate future.

CFPB 103
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Card Launching 101 Ep. 3: Launch and promotion, trends, and partnering with Galileo

Tearsheet

Launching a card is such a core part of today’s financial services. Whether you’re an incumbent or a fintech, a card is likely a cornerstone product in your portfolio and an important contributor to your revenue. But the work doesn’t end with launching a new card. There’s a whole world of promotion and growth to move a card from being just another option for a user to becoming top of her wallet.

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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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Hong Kong Regulators Update Guidance for Intermediaries’ Virtual Asset-Related Activities

Global Fintech & Digital Assets

Revamped SFC and HKMA guidance applies to intermediaries that distribute products or provide dealing, advisory, and asset management services related to virtual assets. By Simon Hawkins and Adrian Fong On 20 October 2023, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) issued a joint circular (Joint Circular) to provide updated guidance to intermediaries conducting virtual asset (VA) activities.

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PointClickCare and Paymerang Collaborate to Enhance Accounts Payable Efficiency

Paymerang

In the world of senior living, innovation plays a pivotal role in enhancing the quality of life for elderly residents. It is equally important to ensure that senior living organizations’ financial operations are streamlined and efficient. We are thrilled to announce a transformative partnership tailored for the senior living industry.

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How Payment Facilitation Works: An Overview for SaaS Providers

Exact Payments

The world of payment processing has evolved rapidly since the early days of credit card payments. With the explosion of cloud-based software, e-commerce, and mobile payments, a significant portion of transactions now take place online. This shift has paved the way for payment facilitation, an innovative merchant services model that’s increasingly leveraged by software-as-as-service (SaaS) companies.

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8 Ways to Use AI to Grow Your Small Business

The Finance Weekly

Use AI to Grow Your Business or Stay Behind , Artificial Intelligence (AI) is no longer a future prospect; it's the prevailing force in the business world, reshaping the landscape every day. In essence, if you're not integrating AI tools into your business operations, you're likely to be left behind. Today, there's a wide array of AI tools tailor-made to enhance the efficiency of small businesses.

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Britain to push ahead with rules for cryptoassets

The Paypers

Britain has announced that it would legislate to implement its first set of rules to regulate the crypto sector.

Rules 50
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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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Sponsor's message: [Upcoming Webinar] Open banking for B2B: Maximising data for corporates

Finextra

[Upcoming Webinar] Open banking for B2B: Maximising data for corporates

B2B 40
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BR-DGE partners with Sift

The Paypers

UK-based payment orchestration company BR-DGE has partnered with digital trust and safety solution provider Sift to offer merchants fraud protection services.

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What Exemption? — Community Banks & Credit Unions Lose Under the Durbin Amendment

Electronic Payments Coalition

Although the Durbin Amendment supposedly “exempted” community banks and credit unions, data from the Federal Reserve clearly show that, following the amendment’s passage, interchange revenue fell for these entities in real terms. The same thing will happen if proposed credit card routing mandates are enacted into law. Check out EPC’s latest explainer highlighting how small financial institutions lose big under the Durbin Amendment and credit card routing mandates.

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Twinco Capital secures EUR 50 mln debt facility with BBVA Spark

The Paypers

Spain-based supply chain fintech Twinco Capital has raised a EUR 50 million debt facility with BBVA Sparks to bridge the gap in trade finance.

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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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LOSS OF ACCESS AND HIGHER FEES: SAY NO TO DURBIN 2.0

Electronic Payments Coalition

MEGA-RETAILERS WIN BUT CONSUMERS PAY THE PRICE In 2010, the Durbin Amendment (Durbin 1.0) imposed government price controls and routing mandates on debit cards. In the end, consumers lost big. Now, mega-retailers and their allies in Congress are trying to pass Durbin 2.0, which would enact similar routing mandates on credit cards. Keep reading below to learn how Durbin 2.0 would result in consumers losing access to credit while retailers like Walmart, Target, and Home Depot would get a big gover

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Tribe Payments available on Temenos Exchange

The Paypers

Payment technology provider Tribe Payments has announced that its solutions are available on Temenos Exchange , a partner ecosystem of integrated fintech services.

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Ryft partners with easyFood to streamline new franchise onboarding

The Paypers

UK-based payment provider Ryft has opened up its payment infrastructure to easyFood in order to help the latter bring new franchise partners quicker into its system.

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Taiwan introduces a crypto bill to the Legislative Yuan

The Paypers

Officials in Taiwan have put forward a cryptocurrency bill to the Legislative Yuan for its first reading, creating a foundation for crypto regulation in the country.

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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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FATF advances efforts to counter AML and terrorist financing

The Paypers

The Financial Action Task Force advanced numerous initiatives in order to strengthen global anti-money laundering, as well as counter-terrorist financial standards.

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Standard Chartered-owned Zodia Custody launches in Hong Kong

The Paypers

Standard Chartered -owned crypto security company Zodia Custody has announced the expansion of its services and solutions in the region of Hong Kong.

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Dragonfly Financial Technologies partners with CSI

The Paypers

US-based CSI has partnered with Dragonfly Financial Technologies to offer optimised cash management solutions for ACH, positive pay, and sweep accounts.

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MoneyCollect partners with Chery New Energy

The Paypers

Hong Kong-based payment service provider MoneyCollect has partnered with Chery New Energy to provide improved payment options for car owners.

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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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BankProv partners with Cable

The Paypers

Financial crime assurance provider Cable has announced its partnership with US-based BankProv to improve the latter’s financial crime compliance program.

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iDenfy partners with Oonee

The Paypers

Lithuania-based regtech iDenfy has partnered with US-based automated bike parking infrastructure provider Oonee.

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ABC Finance partners with Uswitch

The Paypers

UK-based ABC Finance has partnered with Uswitch to provide invoice finance through its online invoice finance comparison tool.

Finance 41
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Standard Chartered and Deutsche Bank pilot SWIFT alternative

The Paypers

Deutsche Bank and Standard Chartered have collaborated to test a system that will allow blockchain-based transactions, stablecoins, and CBDCs to talk to one another.

SWIFT 41
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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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Turkey plans to finalise crypto regulations in 2024

The Paypers

Turkey has revealed its plans to finalise cryptocurrency regulations in 2024 via the 2024 Turkish Presidential Annual Programme.

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Mastercard partners with Agoda

The Paypers

Mastercard has announced its partnership with Agoda in order to optimise B2B payments for the travel and tourism industry around the world.

Visa 41
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Paysend partners with Western Union

The Paypers

UK-based fintech Paysend has partnered with Western Union to add an additional direct to card payout option for Western Union clients.

FinTech 36