Payments Dive

OCTOBER 11, 2024

The payments software provider announced a slew of new partnerships on Wednesday, also with Amazon and AMC Networks.

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Payments Next

OCTOBER 11, 2024

By Scott Dawson, CEO, DECTA To keep fit and healthy, I train in Muay Thai at my local gym every Saturday morning. The post Managing Risk Balanced by Strategy first appeared on Payments NEXT.

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Basis Theory

OCTOBER 11, 2024

Token Create Speed Improvements We’ve significantly improved our tokens' speed for both Token Creations and Reads over the last few months—and customers should have noticed them already. This speed and reliability is designed to ensure tokens can always be created and meet the needs of the latency SLAs as we know we are in a major part of the flow of our customers.

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Fintech Finance

OCTOBER 11, 2024

Klarna , the AI-powered global payments network and shopping assistant, has released data on its launch of cashback. In the six weeks since launch: 506,378 Klarna shoppers have earned $2.7m dollars in cashback. Klarna merchants have given cashback on $98.4m worth of sales. Over 1,000 cashback promotions have been launched. Klarna launched cashback in 12 countries simultaneously on 15 August, to reward consumers who shop in the Klarna app.

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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

Best Practices

Bank Automation

OCTOBER 11, 2024

JPMorgan Chase expects AI and other new tech to increase employee productivity but remains wary of AI tech companies’ inflated valuations. “Tech valuations, or any valuations, won’t stand these very inflated values,” Chief Executive Jamie Dimon said during the bank’s third-quarter earnings call today. The bank has a significant cash surplus “sitting in the store” […] The post JPMorgan Chase warns of inflated AI tech valuations appeared first on Bank Automation News.

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Payments Dive

OCTOBER 11, 2024

The department’s undersecretary for domestic finance, Nellie Liang, suggested state oversight of money transmitters was outdated in an era of electronic payments.

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Finextra

OCTOBER 11, 2024

This article was co-authored with Stacy Dubovik, ScienceSoft's Financial Technology and Blockchain R.

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Fintech Finance

OCTOBER 11, 2024

AMAN Union , the leading professional forum for commercial and non-commercial risk insurers and reinsurers in member countries of the Organization of Islamic Cooperation (OIC), has signed a Corporate Training Services Agreement with RISC Institute DMCC, a renowned training institution specializing in talent development for the insurance, risk management, personal finance sectors, based in the United Arab Emirates and operating regionally.

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Agreements Risk Management Professional Development Risk 95

Payments Dive

OCTOBER 11, 2024

The tech company was unable to secure the funding needed to continue operating, a spokesperson said.

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Fintech Finance

OCTOBER 11, 2024

Today, Citi and Mastercard announced a collaboration to offer cross-border payments to Mastercard debit cards in 14 receiving markets [1] worldwide, with plans for further expansion. Leveraging Citi’s WorldLink® Payment Services and Mastercard Move’s money transfer capabilities, Citi clients can make near-instant, full-value payments, with near 24/7 availability to consumers using their Mastercard debit card details.

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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.

Payments

The Paypers

OCTOBER 11, 2024

Sift , an AI fraud protection platform that secures digital trust, has been selected by Alaska Airlines to mitigate payment fraud and manage chargeback disputes, while optimising the customer experience.

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Fintech Finance

OCTOBER 11, 2024

TD Bank Group (“TD” or the “Bank”) (TSX: TD) (NYSE: TD) today announced that, following several years of active cooperation and engagement with authorities and regulators, it has reached a resolution of previously disclosed investigations related to its U.S. Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance programs.

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Bank Automation

OCTOBER 11, 2024

Wells Fargo trimmed its staff and total costs in the third quarter, with efficiency in mind. “We have maintained strong credit discipline and driven significant operating efficiencies in the company while investing heavily to build a risk and control infrastructure appropriate for a bank of our size,” Chief Executive Charlie Scharf said during today’s Q3 […] The post Wells Fargo’s tech spend up and headcount down in Q3 appeared first on Bank Automation News.

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Fintech Finance

OCTOBER 11, 2024

The ai Corporation (ai), the leading provider of payments and fraud management solutions, today announced the appointment of Mark Wheelhouse as its new Chief Financial Officer. Wheelhouse will lead ai’s finance department and play a key role in driving the company’s ambitious growth strategy in the retail fuel, mobility payments and fraud management markets.

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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.

Continuity

The Fintech Times

OCTOBER 11, 2024

Alkami Technology , a US and cloud-based digital banking solutions provider, has partnered with Intrepid Credit Union to launch a new digital banking platform that offers members self-service tools and a personalised user experience. The Alkami Digital Banking Platform hopes to enable Intrepid Credit Union to foster greater engagement and growth for the members they serve.

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Finextra

OCTOBER 11, 2024

The owner-managed family office Lennertz & Co. is continuing its family of funds of funds for investments in innovative blockchain technologies, launching Blockchain Fund III. The strategy focuses on targeted investments in blockchain technology by investing in companies that build and develop the blockchain infrastructure.

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Blockchain Innovation Continuity Technology 59

The Paypers

OCTOBER 11, 2024

tbi bank has revealed plans to launch its own tech hub, aimed at developing and integrating its services while broadening access to the international market.

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Technology 67

Finextra

OCTOBER 11, 2024

ClearBank, the enabler of real-time clearing and embedded banking, today announced it has successfully onboarded its first European clients to the Eurosystem’s payment rail, T2.

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Payments 52

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AI

The Fintech Times

OCTOBER 11, 2024

Digital payments provider Checkout.com has become the first payment service provider (PSP) to add Octopus , Hong Kong’s first homegrown global fintech, as a payment option at checkout. Through the new collaboration, Checkout.com will make Octopus more accessible to merchants, as well as enhancing their payment performance. Checkout.com’s offering includes the integration of Octopus’s online payment solutions through the Octopus mobile app.

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Finextra

OCTOBER 11, 2024

Dr Rich Stockdale, founder of Oxygen Conservation, gave the closing keynote of Sustainable Finance Live 2024, looking into how the investment into natural capital can evolve in the future.

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Finance 52

The Fintech Times

OCTOBER 11, 2024

On 22 – 24 October, the Riyadh Front Centre will play host to the next iteration of Seamless Saudi Arabia , as it returns for its third event. Drawing from the success of Seamless Saudi Arabia 2023 and leveraging the payments infrastructure in the Kingdom, Seamless Saudi Arabia is renewing its partnership with the national payments scheme, mada.

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EBizCharge

OCTOBER 11, 2024

EBizCharge is recognized as a High Performer, Momentum Leader, Easiest to Use, Users Most Likely to Recommend, and more in the Fall 2024 G2 report, ranking competitively among top payment gateways and payment processors in the industry. EBizCharge is a top-rated payment software provider with an all-in-one platform that combines a payment gateway, merchant services, and robust payment integrations.

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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.

Payments

The Fintech Times

OCTOBER 11, 2024

Up until now merchants using Revolut , the global fintech, have only had access to six different payment methods. However, following a new partnership between Revolut Business and American Express , the financial services company, this number is up to seven as UK merchants can now accept American Express Cards for e-commerce transactions. Through this partnership, Revolut Business will enable its merchants to gain access to American Express ’ higher spending, premium customers.

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Finextra

OCTOBER 11, 2024

Smart Money People, the UK’s most comprehensive financial services review site, has launched a new cross-industry working group focused on creating better communication for customers in vulnerable situations.

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Neopay

OCTOBER 11, 2024

The Financial Conduct Authority (FCA) recently published the findings from its review of how payment firms have implemented the Consumer Duty (the Duty), which came into force on July 31, 2023, for open products and services. This new regulatory framework sets higher standards of conduct for firms, requiring them to deliver good outcomes for consumers.

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Finextra

OCTOBER 11, 2024

Fast-growing digital wealth management platform Arta Finance today launched globally. Arta’s platform is now open to accredited investors in Singapore and to international investors open to managing their wealth in Singapore - a global wealth hub where an expected 1.6 million non-Singaporeans are expected to manage $4.8 trillion in assets by 2028. The international launch comes after Arta's successful debut in the US in October 2023, where it has since grown to manage hundreds of millions in ass

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End User

The Fintech Times

OCTOBER 11, 2024

Choosing the right payment gateway is crucial for an organisation. Not only does it reduce chargebacks and declines, but it also impacts the customer experience, operational efficiency and overall business success. To alleviate some of the pressure on making the right choice, the fintech project CONCRYT has published a new guide for merchants on selecting the perfect partner.

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Finextra

OCTOBER 11, 2024

The ADGM Academy’s Research Centre and Fintech Tuesdays signed a Memorandum of Understanding (MOU), marking a significant milestone in advancing fintech innovation in the UAE and across the MENA region. This partnership aims to enhance collaboration on knowledge sharing, research, training, and events, solidifying the UAE’s position as a leading hub for financial technology.

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The Fintech Times

OCTOBER 11, 2024

Cashflows , the fintech payments company, is joining forces with payments giant Mastercard to offer its merchants Click to Pay, offering a faster and more intuitive online checkout experience. With online purchases growing 10 per cent annually, the addition of Mastercard Click to Pay to the already diverse payment stack of Cashflows further enables its customers to eliminate checkout friction, maximising sales opportunities.

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Finextra

OCTOBER 11, 2024

Valley Bank (NASDAQ: VLY) announces it has been selected by Datos Insights, a global advisory firm in the Financial Services industry, as the winner of the 2024 Impact Award in Commercial Banking for Operational Efficiency. This is in recognition of Valley’s implementation of a new proof of concept platform, powered by NayaOne, that accelerates the evaluation of new financial products and services in a secure environment.

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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.

Embedded Finance