Thu.Jan 11, 2024

article thumbnail

USDC issuer Circle files for IPO

Finextra

Circle Internet Financial, the issuer of the USDC stablecoin, has filed with the Securities and Exchange Commission for an initial public offering (IPO).

Issuers 142
article thumbnail

Pier banks $2.4M to launch ‘Stripe for credit’

TechCrunch Fintech

Developers add Pier’s APIs with a few lines of codes, and the company then manages the credit lifecycle from end-to-end, including origination, underwriting, compliance and servicing. © 2023 TechCrunch. All rights reserved. For personal use only.

article thumbnail

NFC Forum to develop Digital Product Passport standard

NFCW

The NFC Forum has announced that it is in the process of developing a Digital Product Passport (DPP) standard that would allow electronic goods manufacturers to use NFC tags and chips to provide merchants and consumers with “reliable and robust access to information on how a product can be reused, remanufactured, or recycled throughout its lifecycle” The proposed NFC DPP standard will allow manufacturers to use NFC tags and chips to create a link between their products and in-depth D

Product 106
article thumbnail

Will Toast raise prices this year?

Payments Dive

The restaurant point-of-sale provider may give clients a choice when it makes price adjustments, following a fee flub last year.

article thumbnail

The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

article thumbnail

Temenos Rolls Out Comprehensive Banking Toolkit for Same-Day Product Launch

Fintech News

Financial software company Temenos has announced the launch of its comprehensive Enterprise Services on the Temenos Banking Cloud , aimed at retail, business, and corporate banking. This new service promises rapid deployment capabilities, allowing banks to set up software solutions within 24 hours while significantly cutting down on modernisation costs.

Product 95

More Trending

article thumbnail

U.S. Faster Payments Council Explores the Practicalities of Cross-Border Payments in a Faster Payments World

Fintech Finance

The U.S. Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World. This new report builds on the FPC’s previous white paper, Cross-Border Faster Payments , released in June 2021, which focused on use cases and user expectations for cross-border faster payments.

article thumbnail

Amazon brings cashierless tech to hospitals

Payments Dive

After opening automated stores on college campuses and sports stadiums, the tech giant is moving into healthcare facilities.

article thumbnail

2024 Trends in Credit Card Processing: What SMBs Need to Know

National Processing

Stay on top of credit card trends, and new features your customers expect in 2024 The post 2024 Trends in Credit Card Processing: What SMBs Need to Know appeared first on National Processing.

article thumbnail

thinkmoney partners with Edenred Payment Solutions to upgrade card and account processes for its customers

The Payments Association

thinkmoney partners with Edenred Payment Solutions to upgrade card and account processes for its customers. thinkmoney’s mission has always been to provide access, equality, and inclusion to best-in-class financial products, services and experiences to those that need it most. Under the partnership, Edenred Payment Solutions will provide a full platform of payment services, including card processing and settlement, banking processing including screening of transactions, enhanced mobile wallet fu

article thumbnail

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

article thumbnail

The Evolution of Merchant Processing: Past, Present, and Future

National Processing

This article will satisfy your curiosity about how merchant processing first began. Not only that, but you will gain key insights into future merchant processing trends for small businesses. With payments being so crucial to every business, it can only benefit you to understand the past, present, and future of this crucial component, right? […] The post The Evolution of Merchant Processing: Past, Present, and Future appeared first on National Processing.

Process 88
article thumbnail

Vaulted or Vaultless Tokens? Which is Best for Payments?

Basis Theory

Tokens: What is a Token Vault? A token is a non-exploitable identifier that references sensitive data. Tokens can take any shape, are safe to expose, and are easy to integrate. A token vault is a type of smart contract-based system used to securely store and manage digital tokens. It is designed to provide a layer of security and control for users by allowing vendors to use sensitive data collected from customers without ever storing it in their own domain.

article thumbnail

The Biggest Payments Industry Trends of 2024 (and How to Implement Them Now!)

Finextra

Emerging Digital Payment Trends As we usher in 2024, the payments industry stands on the threshold o.

article thumbnail

Walmart announces new generative AI-powered capabilities

The Paypers

Walmart has announced new AI-powered tools to help shoppers quickly search for products and automate the process of re-ordering frequently ordered items.

AI 83
article thumbnail

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?

article thumbnail

Swiss payments fintech Rivero raises $7 million

Finextra

Swiss payment technology house Rivero has raised $7 million in Series A funding to step into new markets and boost its product development and workforce.

FinTech 80
article thumbnail

Convenience retailer Maverik taps Relay’s fuel payment tech

Payments Dive

The Salt Lake City-based convenience store retailer joins Yesway and Pilot in implementing Relay’s contactless purchasing platform.

article thumbnail

Grasshopper, Mantl to launch small business product

Bank Automation

Grasshopper Bank is working with account origination solution provider Mantl to make credit more easily available to the bank’s small business clients. The New York-based digital bank’s clients asked for a simpler way to access credit in “a more efficient, technology-oriented way,” Grasshopper Bank Chief Executive Mike Butler told Bank Automation News.

article thumbnail

Commerzbank and Global Payments form payments joint venture for SMEs

Finextra

Global Payments and Commerzbank are to launch a joint venture company catering to the digital payment needs of small and medium sized enterprise in germany.

article thumbnail

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

article thumbnail

By the numbers: 97% of FIs to invest more in AI

Bank Automation

The financial services industry is investing in AI and generative AI as uses for both technologies expand. Ninety-seven percent of FIs plan to increase investment in AI to identify uses, optimize workflows and enhance their infrastructures, according to chip-making behemoth Nvidia’s “State of AI in Financial Services: 2024 Trends” report, published today.

AI 75
article thumbnail

Behind the Idea: Moss

The Fintech Times

Firms’ finance teams can find themselves bogged down with time-consuming administrative tasks as they expand their services and take on more employees. One firm looking to alleviate this burdensome responsibility is Moss. Moss, the spend management platform, closed an $86million Series B last year, setting its eyes on the UK market in 2024. To learn more about the company and its offerings, we spoke to Iain McDougall , ch ief revenue officer of Moss.

Finance 69
article thumbnail

The Finovate Podcast: Fintech Funding in 2024; Neurodiversity in Banking

Finovate

Start your year with a pair of brand new conversations from the Finovate Podcast ! First, join podcast host and Finovate VP Greg Palmer as he sits down with Tamara Steffens, Managing Director, TR Ventures. An early stage venture investor with more than 20 years of experience, Steffens shares her insights and perspective on what’s in store for fintech and the funding ecosystem in 2024.

FinTech 64
article thumbnail

Heavy-handed Digital Regulation Could Hinder US Startup Development Warns CCIA

The Fintech Times

The Computer & Communications Industry Association (CCIA) has responded to the Consumer Financial Protection Bureu ‘s request for comments on a proposal to define and regulate larger participants in the general-use digital consumer payment marketplace. The rule was first proposed in November 2023, to provide greater regulation for fintechs and nonbank financial service (FS) providers.

article thumbnail

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.

article thumbnail

Open Banking Firm Link Money Teams Up with Payments Platform Optty

Finovate

Open banking platform Link Money announced a strategic partnership with payments platform Optty. The partnership will enable Optty’s merchant clients and partners to access Link Money’s Pay by Bank solution. Optty’s platform integrates with 115+ of the most popular alternative payment methods in the world. Pay by bank is one of the biggest trends in fintech.

article thumbnail

UK Payment Systems Regulator Final Scam Reimbursement Requirements Including Observations and Industry Response

BioCatch

This blog is being published in two parts. Part 1 summarizes the final UK regulations for mandatory APP scam reimbursement. Part 2 discusses what non-UK FIs should take away from what is happening in the UK around APP scams. In December 2023, the UK Payment System Regulator (PSR) released the final details of the new APP scam reimbursement requirements ahead of the October 2024 implementation date.

Scams 64
article thumbnail

Manchester’s Fintech Hub Highlighted in FLIP MCR Hosted by Zally and SoSquared

The Fintech Times

FLIP MCR bridges the gap between founders and investors as it offers insights into investor perspectives ahead of the new year. Taking place at Peak ‘s headquarters in Manchester on 25 January 2024, the event will be hosted by Zally and SoSquared following a new collaboration. Patrick Smith , founder and CEO of Zally , the Manchester-based user authentication platform and Sam Royle , founder and CEO of SoSquared, the UK influencing marketing platform will host FLIP MCR, the free-to-atten

FinTech 64
article thumbnail

Corporate Payments in 2024: APP fraud, ISO 20022-readiness and generative AI

Finextra

The start of a new year is a natural time to consider what lies ahead. Here, we look at four key the.

article thumbnail

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.

article thumbnail

The Perfect Payment Experience – Why Offering Multiple Options Is Key to Business Success

The Fintech Times

The needs of consumers change over time, including their preferences in payment methods. Businesses must constantly adapt to these changes, both for their direct to consumer and business-to-business (B2B) transactions. Alexander Berrai , deputy CEO, emerchantpay highlights how offering multiple payment options can help to satisfy customers’ expectations, help businesses expand and succeed in a competitive market.

BNPL 64
article thumbnail

TodayPay Appoints Seasoned Visa Executive

Fintech Finance

TodayPay Inc., a technology company pioneering a new category in payments called Refunds as a Service announced today at the Consumer Electronics Show (CES 2024) that Visa executive Mike West has joined as a Strategic Advisor. Mike West brings deep industry expertise from leading Visa Direct’s international commercialization and the network expansion by launching new use cases, innovative payment capabilities and value-added services.

PayPal 59
article thumbnail

Saudi Arabia Launches Five New Premium Residency Products to Attract Talent and Investment

The Fintech Times

Saudi Arabia has completed its next move in positioning itself as an attractive global hub for skilled professionals and investments as it launches five new premium residency products. The announcement comes as Prime Minister of the Kingdom of Saudi Arabia, His Excellency Dr. Majid bin Abdullah Alkassabi , chairman of the board of the Premium Residency Centre , aligns the company with the vision of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud , Crown Prince to accelerate S

Product 59