Tue.Oct 31, 2023

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Payments players react to debit cap cut

Payments Dive

The CEOs of Mastercard and Global Payments chimed in with opposing views of the Federal Reserve Board’s proposal to lower the cap on debit interchange.

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Get a Sneak Peek at a Community Meeting Presentation on Compliance is a Program, Not a Project

PCI Security Standards

Do not pass up the chance to collaborate and gain knowledge on the latest developments in payment security at the upcoming 2023 PCI SSC Asia-Pacific Community Meeting. This event features presentations from some of the sharpest minds in payment security. Below Brian Odian , Director - APAC Managed Compliance Services, VikingCloud provides a preview of his presentation on Compliance is a Program, Not a Project.

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Frequent flyer programs drawn into credit card bill fray

Payments Dive

Sens. Dick Durbin and Roger Marshall, who have introduced legislation to spur credit card competition, called on federal regulators to investigate card frequent flyer program abuses.

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4 Challenges in Real-Time Payments and how to address them

Payments Next

By Michael Meeks, SVP of Software Development at BHMI Growing demand from consumers and businesses and the rollout of FedNow are expected The post 4 Challenges in Real-Time Payments and how to address them first appeared on Payments NEXT.

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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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Government releases key responses to financial regulation consultations

The Payments Association

The UK government has taken a significant step towards clarifying its stance on the regulation of cryptoassets, digital settlement asset firms, and fiat-backed stablecoins by publishing key documents outlining their responses to recent consultations.

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Deutsche Bank closes Postbank branches

The Paypers

Germany-based financial institution Deutsche Bank has announced the closing of multiple Postbank branches, in order to improve digital services after its mismanaged IT migration.

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FinMont joins Camino Network to incorporate Web3 payments

The Paypers

Global payment orchestration platform FinMont has announced it will incorporate the Web3 infrastructure Camino Network by Chain4Travel.

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California Adopts Digital Financial Assets Law

Global Fintech & Digital Assets

Licensees, exchanges, and other market participants should prepare to comply with the listing, disclosure, capital, and other requirements that the new law imposes. By Jenny Cieplak , Nima Mohebbi , Parag Patel , Stephen P. Wink , Ian Irlander , Adam Zuckerman , Luca Marquard , and Deric Behar On October 13, 2023, California Governor Gavin Newsom signed California State Assembly Bill 39, which establishes the Digital Financial Assets Law (DFAL).

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Avoid Costly Chargebacks with Rapid Dispute Resolution & Other Alerts

BlueSnap

Most businesses encounter periodic chargebacks, and it is best to address them quickly, so they don’t negatively impact your revenue. By the end of 2023, chargebacks will cost merchants nearly $118 billion, according to a Chargebacks911 study, but this amount could be lower if more merchants invest in preventative alerts. The post Avoid Costly Chargebacks with Rapid Dispute Resolution & Other Alerts appeared first on BlueSnap.

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Save smarter and faster with open banking this World Savings Day

Open Banking

Open Banking Limited (OBL) welcomes World Savings Day – a day to recognise the benefits of smarter saving. As cost-of-living pressures mount and households feel the pinch, it’s more important than ever to identify ways to save money. The open banking revolution is making it easier, faster and smarter to save. With 34% of adults either having no savings, or less than £1000, in a savings account – open banking is finding ways to innovate and help mitigate mounting living costs.

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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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Omnicom acquires Flywheel

The Paypers

US-based Omnicom has acquired Flywheel Digital for USD 835 million, to broaden its reach and expand into the digital commerce and retail media sectors.

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Elavon announces partnership with Virgin Atlantic

The Paypers

Virgin Atlantic has tapped payment provider Elavon ’s acquiring services and Multi-Currency Conversion (MCC), allowing merchants to settle in one of 100 currencies.

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Barclays launches Demo Directory

The Paypers

Barclays has launched Demo Directory, a free online solution for founders to showcase their business potential investors, raise capital, and accelerate growth in the UK.

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Aurionpro Transit and Mastercard offer digital payments for commuters

The Paypers

Singapore-based transportation fintech Aurionpro Transit has partnered with Mastercard to offer commuters a modern contactless payment method for public transport.

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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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Debate surrounds proposed Open Finance legislation in Brazil

The Paypers

The Brazilian Senate has been reviewing a Complementary Bill (PLP) that aims to regulate the sharing of customer data among financial sector entities.

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TrueLayer partners William Hill

The Paypers

UK-based TrueLayer has announced its partnership with gaming operator William Hill to provide instant pay-ins and payouts for players in the region.

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PXP Financial partners with Foregenix

The Paypers

Global acquiring, payment, fraud, and data analysis services company PXP Financial has announced a partnership expansion with UK-based Foregenix.

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Spain to implement MiCA rules ahead of schedule

The Paypers

The Spanish Ministry of Economy and Digital Transformation has revealed that Spain will implement MiCA 6 months earlier than its 2026 deadline.

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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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Walmart Canada partners with Klarna

The Paypers

Walmart Canada has partnered with Klarna in order to introduce flexible BNPL payment methods for customers from the region who shop online.

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Dwolla announces Open Finance integrations

The Paypers

US-based payments platform Dwolla has announced the integration of Open Finance into its recently launched solution.

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Ebury's acquisition of Bexs Group approved by Central Bank of Brazil

The Paypers

Ebury has announced that the Central Bank of Brazil has approved its acquisition of Bexs Group, including both Bexs Banco and Bexs Pay.

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Littlepay, SkyBus launch ticketing solution

The Paypers

UK-based transit payments processing company Littlepay has announced the launch of contactless payments on Australia’s Skybus.

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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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Paymentology receives Visa Cloud Connect Certification

The Paypers

Global issuer-processor Paymentology has announced that it secured its Visa Cloud Connect (VCC) certification from Visa in Europe.

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Zeller introduces Tap-to-Pay on iPhone

The Paypers

Zeller has launched Tap-to-Pay on iPhone to enable business owners to accept contactless payments by utilising the Zeller iOS app.

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Visa works with BMO to provide cardholders access to Installments

The Paypers

Visa has partnered with US-based BMO Financial Group to provide cardholders Canada-based cardholders with access to Installments.

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Shein acquires the Missguided brand

The Paypers

China-based online fashion and lifestyle retailer Shein has bought the Missguided fashion brand name from Frasers Group.

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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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Nayax agrees to acquire Retail Pro International

The Paypers

Israel-based commerce enablement payments and loyalty platform Nayax has agreed to acquire 100% of Retail Pro International.