Mon.Nov 13, 2023

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EU digital identity wallet to stir paytech market

Payments Dive

The EU would require big tech companies, like Apple and Google, to offer their customers payment services through the new digital identity wallet if the regulation is approved.

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Spotlight On: Soft Space, a New Principal Participating Organization

PCI Security Standards

Welcome Soft Space, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, Soft Space Chief Technology Officer Nicholas Lim introduces us to his company and how they are helping to shape the future of payment security.

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Sociable: Meta inks deal with Amazon to facilitate Facebook, Instagram shopping

Payments Dive

The new deal will enable Amazon merchants to connect with Facebook and Instagram users.

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Processing Costs: Differences in Debit & Credit Cards

Basis Theory

How Credit and Debit Cards Compare The fundamental difference between a credit and debit card is whose money is being used in the transaction: with a credit card, the consumer is borrowing from the card issuer , while with a debit card they are using their own money, stored with the issuing bank. From a consumer perspective, the credit card has the benefit of providing funds beyond what may currently be available, with the downside of incurring ongoing interest charges and fees; by contrast, the

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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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BNPL companies face grim outlook, Moody’s says

Payments Dive

Fierce competition, persistent losses and regulatory constraints are likely to push some players out of the buy now, pay later market, Moody’s predicted.

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Tap to Pay: What It Is and How It Works

Stax

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. And the winner of the 2010s and beyond is the NFC-powered, contactless sensation that is tap-to-pay.

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Defend your bottom line with guaranteed fraud protection

Payments Dive

The holiday season is often a one-two punch of activity for online retailers: First comes the spike in purchases… and then comes the inevitable returns.

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Xero launches new Open Banking tools

The Paypers

Xero has launched two new payment features powered by Open Banking and e-invoicing, in order to optimise the way UK-based SMEs manage their cash flow.

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David Haber, General Partner at a16z— Fintech through the lens of an operator, entrepreneur &…

Wharton Fintech

David Haber, General Partner at a16z— Fintech through the lens of an operator, entrepreneur & investor In today’s episode, Kailee Costello hosts David Haber , General Partner at Andreessen Horowitz. [link] In the episode, Kailee and David discuss: The outlook for FinTech: challenges and opportunities David: There’s still a tremendous amount of opportunity for FinTech across a lot of different categories.

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4 Innovative Ways How Fintechs are Transforming Traditional Lending Life Cycle

Finezza

The proverbial story of the chicken and egg is the ideal when it comes to depicting the reality of the Indian lending landscape. Borrowers require a lending score to borrow money but do not have anything as such since they have never applied for a loan before. Traditionally, borrowers also had to comply with the […] The post 4 Innovative Ways How Fintechs are Transforming Traditional Lending Life Cycle appeared first on Finezza Blog.

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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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Navigating the Billion-Dollar Wave

Finance Magnates

Unveiling My Journey in Global Payment Solutions As a banking and payments specialist, I have always aimed high in my career. However, achieving a billion-dollar deal seemed like a distant dream. My specialization in cross-border transactions and navigating complex regulatory frameworks has been the cornerstone of my journey. I’m excited to share how I transformed this dream into a reality.

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How HVAC Businesses Can Grow By Accepting Credit Cards

Clearly Payments

In the HVAC industry, staying ahead of the curve is crucial for success. One such advancement that has revolutionized the way HVAC companies operate is the adoption of credit card payments. Beyond the conventional methods of accepting cash or checks ( which are declining ), integrating credit card payments into your business model can enhance efficiency, customer satisfaction, and overall financial management.

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Mule Accounts: Ripping the Mask Off the Money Laundering Problem

BioCatch

The global rise in authorized payment scams has put renewed attention on money laundering and the role of mule accounts as part of the fraud ecosystem. Central to this shift has been the ongoing debate about liability for reimbursing scam victims and who bears financial responsibility. The UK Payment Systems Regulator was the first to put forward policies to require reimbursement for authorized payment scams , and perhaps more significantly, the first to require receiving banks to bear 50/50 res

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Mastercard partners with Dubai Islamic Bank

The Paypers

Mastercard has collaborated with Dubai Islamic Bank in order to introduce cross-border payment services through digital channels across multiple countries globally.

Visa 50
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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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Advancing ESG practices through tech infrastructure & clearer regulations

Finextra

Dr Darian McBain, Chief Executive Officer of Outsourced Chief Sustainability Officer Asia, explores the role of technology infrastructure and the need for clearer regulations to advance ESG practices. We evaluate the impact of payment rails and highlight how seamless cross-border transactions in countries like Singapore, India, and Thailand, contribute to social inclusion by addressing challenges faced by migrants.

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RTGS.global announces partnerships with three banks

The Paypers

Financial Market Infrastructure (FMI) for cross-border settlements RTGS.global has partnered with Alif Bank , Bank Arvand , and Universal Capital Bank to simplify cross-border payments.

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The fusion of crypto and payments in gaming: Interview with Andria Evripidou

Fintech Review

In our latest interview, Fintech Review sits down with Andria Evripidou from XDA , a company innovating at the crossroads of payment solutions and cryptocurrency for the gaming world. Andria discusses the hurdles gaming companies face in securing banking services and how XDA offers a vital lifeline for these businesses. She also delves into the growing trend of crypto adoption within gaming operations, an area where XDA is leading the charge in providing seamless integration.

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payabl. partners with GonnaOrder

The Paypers

Paytech company payabl. has announced its partnership with GonnaOrde r to provide its payment services and launch a referral scheme for the latter’s global customers.

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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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ARYZE Debuts Multi-Currency Functionality for Digital Cash by Launching reForge, Bolsters Web3 Capabilities with MAMA

The Payments Association

ARYZE has launched reForge within its Digital Cash suite, simplifying multi-currency conversions across eUSD, eEUR, and eGBP. This advancement, bolstered by a Chainlink partnership for real-time FX rates, streamlines the exchange process by removing complexities and costs traditionally associated with stablecoin transactions. Additionally, the issuing firm behind Digital Cash, ARYZE BVI, has also recently announced the launch of MAMA - its dedicated Web3 platform for Digital Cash trading.

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Suits Me partners with Jumio

The Paypers

Alternative banking solution Suits Me has partnered with US-based identity proofing and compliance solutions provider Jumio to support the underbanked population in the UK.

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BR-DGE integrates Visa Instalments into Kenwood Travel

The Paypers

UK-based payment orchestration provider BR-DGE has integrated Visa Instalments into Kenwood Travel , for an optimised customer checkout experience.

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FCA adds Metro Bank to its financial crime watchlist

The Paypers

The Financial Conduct Authority has announced the inclusion of the US-based Metro Bank to its financial crime watchlist, with plans to keep it under supervision.

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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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48 countries cooperate to combat crypto tax evasion

The Paypers

Forty-eight countries have committed to a new tax transparency standard beginning in 2027 to eliminate crypto-related tax evasion.

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Wise stops accepting new UK and EU customers due to capacity issues

The Paypers

UK-based money transfer fintech Wise has temporarily stopped onboarding new business clients across the UK and Europe because of ‘high demand’

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Alchemy Pay augments onboarding with the zkKYC solution from zkMe

The Paypers

Singapore-based fiat-crypto payment gateway Alchemy Pay has integrated privacy-preserving KYC solutions from zkMe to augment its onboarding of new clients process.

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SAB partners with Mastercard

The Paypers

Saudi Awwal Bank (SAB) has partnered with Mastercard to provide increased access to secure digital transactions across the region.

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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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ANEXT Bank launches API repository to boost financial inclusion for SMEs

The Paypers

Singapore-based digital bank ANEXT Bank has strengthened financial inclusion with the launch of its ANEXT Programme and welcomed three new platform partners.

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Zoop becomes a licenced payments institution in Brazil

The Paypers

Brazil-based financial services company Zoop has become a licenced payments institution following an authorisation from the local Central Bank.

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Modern Treasury launches instant microdeposits

The Paypers

US-based payments platform Modern Treasury has launched instant microdeposits leveraging the Federal Reserve 's FedNow and Real-Time Payments.

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Andaria launches an Embedded Finance solution

The Paypers

Malta-based Andaria has launched an Embedded Finance solution to help businesses integrate payments services into new and existing platforms.

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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.