Payments Dive
JUNE 10, 2024
The three companies announced last Wednesday that they are teaming up to launch a free service intended to combat fraud and reduce the amount of transactions that are improperly declined.
The Fintech Times
JUNE 10, 2024
Both Hong Kong and Switzerland are making strides in the development of blockchain and cryptographic technologies individually. However, looking to accelerate progress together, Invest Hong Kong (InvestHK) and the Crypto Valley Association (CVA) of Zug in Switzerland signed a memorandum of understanding (MoU) at the 2024 Crypto Valley Conference. The MoU aims to enhance the close supportive relationship between InvestHK and CVA, and boost cooperation between the fintech ecosystems of Hong Kong a
Finextra
JUNE 10, 2024
Santander has found that come customers are circumventing new measures to stop bank transfers for Facebook Marketplace payments in cases where a customer has not seen the item in person.
Fintech News
JUNE 10, 2024
Forbes has released its annual 30 Under 30 Asia list, recognizing the entrepreneurs, artists, athletes, and changemakers who are leading transformative initiatives across key industries in the Asia-Pacific (APAC) region. The Forbes 30 Under 30 Asia Class of 2024 features 300 notable nominees selected across ten categories: The Arts (Art and Style, Food and Drink); Entertainment and Sports; Finance and Venture Capital; Media, Marketing and Advertising; Retail and E-Commerce; Enterprise Technolog
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
Finextra
JUNE 10, 2024
Apple has unveiled a Tap to Cash feature that lets people send each other money simply by tapping their iPhones.
The Fintech Times
JUNE 10, 2024
Users of the UAE-based digital bank, Mbank , will now be able to explore, compare, and purchase car, health, travel, and life insurance products directly from its mobile application following a new partnership with Policybazaar.ae , the online insurance aggregator. The partnership will see Mbank leverage Policybazaar.ae ‘s online platform to offer its customers greater digital convenience.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
National Processing
JUNE 10, 2024
Small, medium, and large businesses are forever linked to the payment processing industry since payments help power business operations. The competitive aspect of payment processing means that businesses have plenty of providers to choose from. However, it can be tough to find one that checks all the boxes. Luckily, National Processing is leading the way […] The post National Processing Becoming the Fastest-Growing Payment Processor appeared first on National Processing.
Finextra
JUNE 10, 2024
Santander's buy now, pay later platform Zinia has been selected by Apple in Germany to provide BNPL installment plans for consumer purchases both online and in person.
Fintech News
JUNE 10, 2024
Eastnets, a global compliance and payment solutions provider, has entered a strategic partnership with iPiD , a beneficiary name and bank account verification service. This collaboration aims to enhance payment security and efficiency for banks, corporations, and financial institutions on a global scale. Through iPiD’s real-time verification capabilities, Eastnets’ clients can confirm the name and bank account details of payment beneficiaries before transactions occur.
The Fintech Times
JUNE 10, 2024
Cybercrime is expected to cost the world $10.5trillion annually by 2025 but machine learning is helping merchants and financial institutions to fight back against criminal activity. Monica Eaton, CEO of Chargebacks911, an international chargeback management and prevention company which provides SaaS solutions for managing chargebacks, discusses why artificial intelligence (AI) has always been at the forefront against fraud.
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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?
Fintech News
JUNE 10, 2024
Standard Chartered Bank has created a new investment company in Singapore called Standard Chartered Funds VCC (SC Fund). This new corporate entity will allow the bank to offer a series of funds that provide clients with access to unique investment strategies. In partnership with leading global fund managers, Standard Chartered aims to combine the expertise of top fund managers with its own team of global asset class specialists.
Finextra
JUNE 10, 2024
JPMorgan Chase has appointed former PayPal executive Sri Shivananda as chief technology officer, according to Reuters.
Fintech News
JUNE 10, 2024
Temenos , FIS , Mambu , Finastra , and Tata Consultancy Services have been identified as the top five core banking system vendors prepared to compete with challenger banks, according to a recent study by Juniper Research. The study evaluated 18 vendors, focusing on those excelling in user support through services like 24-hour customer service and personalised product recommendations.
Fintech Finance
JUNE 10, 2024
Oman Arab Bank (OAB) continues its commitment to pioneering innovative and secure banking solutions with the introduction of its latest product, Direct Debit. Tailored for both individual and corporate customers, this new service simplifies digital payments by automating recurring bill payments, offering unparalleled convenience in banking transactions.
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
Fintech News
JUNE 10, 2024
PT Bank BTPN’s flagship digital bank, Jenius , has teamed up with Perx Technologies , a SaaS lifestyle marketing platform provider, to enhance its customer engagement strategy. By integrating the Perx Loyalty Engagement Platform, Jenius plans to introduce gamification and instant rewards into everyday banking, aiming to make financial management more enjoyable for users.
FloQast
JUNE 10, 2024
Accounting thrives on precision and efficiency. Scratch that: Accounting cannot operate without precision and efficiency. The unsung heroes behind the scenes in every business, accountants ensure the smooth operation of this intricate system. But that doesn’t make things easy. Today, the profession faces a potentially existential crisis. Mounting workloads, fragmented technology, the relentless pressure for accuracy, and fewer professionals entering the industry are pushing accountants — and the
Fintech News
JUNE 10, 2024
UOB Thailand has announced Richard Maloney as its new Chief Executive Officer (CEO), effective 1 July 2024. Richard Maloney Maloney brings 40 years of experience in Wholesale Banking, Capital Markets, and Retail Banking. Since joining UOB in 2014 as Chief Operating Officer for Group Wholesale Banking, he has driven business growth through strategic development and execution.
Finovate
JUNE 10, 2024
Earlier this year, we looked at how the drive for real-time payments in the West could benefit from studying the successes of India’s real-time payments network , UPI. Last week, we learned that there is at least one country in the Western hemisphere that’s taking us up on our suggestion and that country isn’t the United States, it’s Peru.
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.
The Paypers
JUNE 10, 2024
Saudi Central Bank has joined Project mBridge, collaborating with China, Thailand, Hong Kong, and UAE to test central bank digital currencies for cross-border trade and payments.
Payments Dive
JUNE 10, 2024
The card network has selected a group of next-generation payment and banking startups for its accelerator program.
Bank Automation
JUNE 10, 2024
ING and Deutsche Bank are looking to AI to boost efficiencies and provide personalized banking experiences for their clients. AI adoption is growing among financial institutions, according to Nvidia’s 2024 State of AI in Financial Services report.
Finextra
JUNE 10, 2024
The UK payments industry has called on the new interim Payment Systems Regulator (PSR) chief to postpone the implementation of new APP fraud rules by a year, warning that failure to do so could lead to "permanent damage" to the sector.
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.
Fintech News
JUNE 10, 2024
The Cyber Security Agency of Singapore (CSA), the Singapore Police Force (SPF) , and the Personal Data Protection Commission (PDPC) have issued a warning to organisations about the Akira ransomware variant, which has been targeting businesses across various sectors. The authorities urge organisations to adopt robust cybersecurity measures to protect against these attacks.
The Fintech Times
JUNE 10, 2024
Payments are rapidly evolving across the globe, as the pendulum swings away from traditional financial institutions, and towards innovative fintechs and payments providers. Digital wallets, in particular, look set to change the global payments landscape, enhance financial inclusion, and present new opportunities for businesses, says Visa. In its latest report, ‘ Digital wallets: In pursuit of a profitable business model ‘, Visa delves into segmentation, characteristics of successful
Payments Dive
JUNE 10, 2024
Fraud is always a problem companies want to tackle. But in the current business environment, it has become an even greater priority.
Finextra
JUNE 10, 2024
Revolut has added an extra layer of in-app identity verification designed to protect customers who have had their unlocked phone stolen, or password and face recognition compromised.
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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.
Bank Automation
JUNE 10, 2024
Amazon Web Services’ business clients can now tap Visa’s payments solutions through the recently launched Visa Cloud Connect platform.
Finextra
JUNE 10, 2024
Visa is rolling out a service for financial institutions to provide cardholders with a convenient way to manage and track their subscriptions.
Payments Dive
JUNE 10, 2024
Enabling embedded payments is a strategic evolution that occurs step by step.
Finextra
JUNE 10, 2024
The UK Centre for Finance, Innovation and Technology (CFIT) has put together an industry coalition to fight economic crime through enhanced verification.
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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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