Tue.Aug 06, 2024

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InsurTech Symposium

Open Banking Excellence

17th September 2024 Live Event Linkedin Twitter InsurTech Symposium Join us at UWE Bristol for an event sponsored by the Insurance Institute of Bristol (IIB). We’ll be discussing the opportunities and challenges of InsurTech in the insurance industry. Our aim is to ensure that you leave the event better connected and informed on where InsurTech is heading, some options that are available, and how the industry will be impacted.

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Examining Thailand’s Fintech Landscape

The Fintech Times

A country renowned for natural and historical attractions, the Southeast Asian nation of Thailand also boasts a growing fintech ecosystem. The second-largest economy in the Association of Southeast Asian Nations (ASEAN) region after Indonesia, has a gross domestic product (GDP) per capita of just shy of $7,000 per person, making Thailand a high-middle-income economy.

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PA Edinburgh

Open Banking Excellence

3rd September 2024 Live Event Linkedin Twitter PA Edinburgh In September, we travel to Edinburgh… We are hitting the road once again as we travel to Scotland for September’s edition of PA@TheCity… introducing PA@Edinburgh! We are delighted to be partnering with Fintech Scotland to welcome an audience from around the UK for an evening of networking, key insights, getting business done and making new connections within the payments industry.

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Credit card delinquencies rise even as credit limits are extended

Payments Dive

The two developments stem from greater use of credit cards, and could have implications for some businesses, says a Bain & Company analyst.

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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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Marqeta Signs Five-Year Deal with Varo Bank to Become Exclusive Issuer Processor in the US

Fintech Finance

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it has signed a five-year deal with Varo Bank , N.A., the first nationally-chartered consumer techbank in the U.S., to become its issuer processor. Varo Bank offers services such as fee-free checking accounts, free ATM access at over 40,000 locations, cash advances and lines of credit, secured credit-building credit cards, instant payment solutions and

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How Virtual Terminals Enhance Remote Payment Processing

National Processing

National Processing How Virtual Terminals Enhance Remote Payment Processing Would you like to add efficiency and potential extra revenue for your business? Great! We are excited to show you how virtual terminal software features give you that opportunity. Remote payment processing has come a long way in recent years and business owners can leverage these advances.

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More Trending

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Understanding Virtual Terminals for Small Businesses

National Processing

Virtual terminals probably sound too good to be true, especially for new businesses. After all, the money you save versus a point-of-sale system can be substantial. However, there are benefits of virtual terminals beyond the savings. Some of these benefits, like fraud prevention, are growing in importance in our age of increased cyber threats. You may have seen the […] The post Understanding Virtual Terminals for Small Businesses appeared first on National Processing.

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FIS starts to get its payments mojo back

Payments Dive

Fidelity National Information Services is starting to recharge its card payments business in the wake of selling Worldpay, the company’s CEO said.

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Waafi by Salaam Bank Taps Paymentology to Enable Somalia’s Contactless Payment Vision

The Payments Association

Paymentology’s cloud-first card issuing, and analytics platform powers Waafi by Salaam Bank to launch digital and physical cards across Somalia Read more

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Payments, Crypto Sectors Dominate Singapore Fintech Deals Amid Declining Investments

Fintech News

The first half of 2024 showed notable resilience in Singapore’s fintech market, with deal activity increasing by 19 percent. According to KPMG’s Pulse of Fintech for H1’24 , the market saw 117 deals across venture capital, private equity, and mergers & acquisitions, compared to 98 deals in the latter half of 2023. However, total funding fell to US$522.89 million, a 34 percent decrease from US$790.10 million in H2’23.

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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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Nacha Announces Visa as Preferred Partner

NACHA

RESTON, Virginia, Aug. 6, 2024 – Nacha announced that Visa, a world leader in digital payments, has joined its Preferred Partner program for ACH Experience, Open Banking and Account Validation.

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MAS Weighs In on Allianz-Income Deal, Focus on Consumer Protection

Fintech News

Singapore’s Minister for Transport and Second Minister for Finance, Chee Hong Tat, clarified that the Ministry of Culture, Community and Youth (MCCY) had addressed Income Insurance’s social mission and NTUC Enterprise’s rationale for the deal with Allianz. Minister Chee stated that his focus would be on the regulatory perspective of the Monetary Authority of Singapore (MAS).

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How merchants can build a future-forward payments tech stack to win in B2B

Finextra

In a growing digital economy, geographical boundaries aren’t a barrier anymore which intensifies com.

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How Merchants Can Manage AMEX Chargebacks

Clearly Payments

American Express, the 3rd largest credit card network in the US market, has over 133 million active cards worldwide and an average spend of $23,500 per card member annually. Properly managing AMEX chargebacks is essential for merchants to minimize losses and maintain a strong relationship with American Express. This guide covers statistics and the nuances of AMEX chargebacks and offers strategies manage them.

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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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Online Spending in Europe Grew 12% in 2023, Reaching €435.3 Billion

Fintech Finance

Consumer e-commerce spend grew by 12% in 2023, according to new research conducted by Kantar on behalf of Nets , part of Nexi , the European PayTech. Surveying 18,000+ consumers across Europe, 88% indicated they had purchased something online in the 28 days prior to taking the survey. Overall e-commerce spend reached an all-time high of €435.3 billion in 2023, according to the research.

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What is a Payment Switch

Basis Theory

A payment switch can be a powerful tool for merchants to close more deals quickly. The blog explains more!

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Global markets show recovery after Monday rout

Bank Automation

Global markets are calming today after suffering a rout on Monday on the heels of a weaker-than-expected jobs report in the United States, and the Japanese yen’s reverse carry trade.

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Global Payments Appoints Robert Cortopassi as President and Chief Operating Officer

Fintech Finance

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced the appointment of Robert “Bob” Cortopassi, as its new president and chief operating officer, effective immediately. “Bob is a proven, growth-oriented leader and trusted colleague with an exceptional track record managing key businesses across our organization during his 12-year tenure at the company,” said Cameron Bready, chief executive officer of Global Payments.

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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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Ripple prepares to launch Ripple USD (RLUSD)

The Paypers

Ripple has announced that it is preparing to launch its RLUSD stablecoin for instant cross-border payments.

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Unlimit and Yuno Join Forces to Enhance Payments for Businesses Worldwide

Fintech Finance

Global fintech Unlimit today announces its partnership with the world’s leading payment orchestration platform Yuno to simplify and enhance payments for businesses worldwide. This strategic partnership will enable businesses of all sizes to streamline their online payments, reduce transaction costs, and improve the purchasing experience for their customers – no matter where they are in the world.

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Global Payments executive promoted to president, COO

Payments Dive

Bob Cortopassi, who was tapped for the C-suite post Tuesday, has nearly 30 years of experience in the industry.

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Okoora Makes Cross-Border Business More Convenient with New Mobile App

Fintech Finance

The fintech startup okoora has made conducting cross-border business much more convenient and easier thanks to the launch of its new mobile app. Available on both Android and iOS, the app provides business users with on-the-go transaction capabilities in both local and foreign currencies, multi-currency wallets, and is synced with the desktop version of okoora’s ABCM (Automated Business Currency Management) platform.

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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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Two more Wirecard executives implicated in widening financial scandal

Finextra

German prosecutors have charged a further two Wirecard executives with wrong-doing in the lead up to the collapse of the once hyped fintech company.

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J.P. Morgan Payments and PopID to Expand Biometric Offerings

Fintech Finance

J.P. Morgan Payments today announced an expanded relationship with PopID to deploy in-store biometric payments to pilot merchants across the United States. The pay-by-face biometric payment solution allows shoppers to complete transactions more seamlessly, removing the need for customers to pull out their phones or credit cards. Biometric loyalty program check-in and payment provides a swift ordering and checkout experience for merchants and customers alike.

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PayPal Makes Fastlane Generally Available to U.S. Merchants

Finovate

PayPal is launching Fastlane, a one-click guest checkout experience for online merchants. Fastlane automatically recognizes shoppers based on their phone number or email address, and autofills information forms in the checkout flow. PayPal first unveiled Fastlane in January, and has been testing the solution with select merchants and ecommerce sites, including BigCommerce.

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PMI and Bitso Business Create Strategic Alliance to Revolutionize Remittances in the US-Mexico Corridor

Fintech Finance

PMI —a leading provider of cross-border payment solutions— announced an innovative collaboration with Bitso Business —Bitso’s B2B unit that provides the infrastructure for the future of cross-border payments— to present a new alternative for those operating money transfers in the United States and seeking competitive, timely, and secure peer-to-peer (P2P) payment solutions from the US to Mexico, as well as business-to-business (B2B) payments in Latin America.

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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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Iota releases Shari’a-compliant token

Finextra

IOTA, an open-source distributed ledger technology (DLT) for Web3 applications and digital economies, today announces that the IOTA token is Shari’a-compliant.

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Flywire Acquires Invoiced to Bolster its Global B2B Payment Network with Award-Winning Accounts Receivable SaaS Platform

Fintech Finance

Today, global payments enablement and software company, Flywire acquires Invoiced , a SaaS platform that enables B2B finance teams and the “Office of the CFO” to automate the critical order-to-cash process. The acquisition is expected to build on Flywire’s existing B2B payments business by enhancing the software suite it provides to its global clients and target segments.

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Firms Should Prepare and Protect Themselves as Ransomware Statistics ‘Grow More Dire’, Says ExtraHop

The Fintech Times

After Ransomware surpassed a record $1billion in payouts last year, ExtraHop , a cloud-native network detection and response (NDR) firm, has released its global ransomware trends report, a data-driven analysis of ransomware impacts across geographies, industries, and organisations of different sizes. According to the latest research from ExtraHop, security leaders are increasingly targeted by ransomware actors, averaging nearly eight incidents per year and paying out an average of just under $2

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Fintech investment continues slow decline

Finextra

Total global investment in fintech fell from $62.3 billion across 2,287 deals in H2’23 to $51.9 billion across 2,255 deals in H1’24.

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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.