Mon.Apr 08, 2024

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Fiserv CEO compensation rose last year to $28M

Payments Dive

Compensation for Fiserv CEO Frank Bisignano climbed 57% over 2022, as the value of stock awarded to him surged and he received a $3 million cash bonus.

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JPMorgan CEO: 70% of applications to be cloud-native by yearend

Bank Automation

JPMorgan continues its cloud migration efforts as it works to move its applications and data to the cloud this year. “Getting our tech to the cloud. … It’s essential,” Chief Executive Jamie Dimon said today in his 2023 letter to shareholders. The $3.

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ECB preps DLT trials for wholesale central bank money settlement

Finextra

The European Central Bank has put together a host of participants for exploratory work on the use of distributed ledger technology to settle wholesale transactions in central bank money.

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3 criteria for innovation at Citigroup

Bank Automation

Financial institutions are looking to new technology, growing their innovation teams and investing in AI and generative AI. Citigroup goes beyond the technology when starting innovation projects, looking to its clients and existing capabilities. When the $1.

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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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What Regulatory Challenges Should Banks and Fintechs be Aware of When Leveraging BaaS?

The Fintech Times

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. First, we turn our attention to the growth of Banking-as-a-Service (BaaS). BaaS enables non-banking institutions to connect with banks via APIs, to offer services traditionally restricted to licensed and fully-regulated banks.

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Money20/20 Asia 2024: Leading Fintech Show Makes Debut in Thailand

Fintech News

Money20/20, a prominent fintech show, will be holding its first Thai edition in Bangkok this year, coming to the Queen Sirikit National Convention Center from April 23 to 25, 2024 for a multiple event centered around the future of finance. Money20/20 Asia 2024 in Bangkok, which marks the event’s third location following Amsterdam and Las Vegas, promises a comprehensive platform for professionals across the Asia-Pacific (APAC) region to explore the latest advancements in fintech across a wide ran

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More Trending

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Tension brews over healthcare payments: JPMorgan

Payments Dive

Healthcare consumers are often confused about the bill payment process, while providers grapple with delays and high collection costs, according to a survey by the bank.

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LCH gets green light to clear Bitcoin index derivatives

Finextra

London Stock Exchange Group-owned LCH has secured regulatory approval to clear cash-settled Bitcoin index futures and options contracts.

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Nubank, One of Brazil’s Largest Financial Institutions Teams Up With Wise Platform

Fintech Finance

Today, Wise Platform , Wise’s infrastructure offering for banks, financial institutions, and enterprises around the world, announced its partnership with Nubank , one of Brazil’s largest financial institutions, to power their global account and international debit card. The partnership marks yet another major step for Wise Platform as it continues to attract major global banks and businesses as partners – the likes of Bank Mandiri, Shinhan Bank, IndusInd, BPCE, Monzo and Google Pay are als

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Unlocking Opportunities for Growth in Fintech Through AI

Finextra

As the fintech sector continues to evolve, businesses are increasingly recognising the transformativ.

FinTech 106
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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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Yabx and PayCliq Accelerate Merchant Credit Capabilities in Nigeria

The Fintech Times

The Middle East and Africa (MEA) has emerged as a region that is no stranger to innovation. With consumers being at the heart of a lot of startups, a new partnership between Yabx , the sustainable financial inclusion fintech, and PayCliq , the business payment tool provider, is looking to accelerate merchant credit capabilities. The partnership will see Yabx leverage the business data from PayCliq and use AI/ML algorithms on its cloud-powered digital lending platform.

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Decrypting Card Payload: Shopify Payments App

Basis Theory

Our goal was to support an early adopter of the program by leveraging their existing outsourced Node.js-powered cardholder data environment (CDE).

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Crédit Agricole and Worldline Aspire to Dominate Payment Services for French Merchants With CAWL

The Fintech Times

International banking group Crédit Agricole has partnered with Worldline , the payment and transactional services company, to launch a new joint venture CAWL ; a payment services brand for merchants in France. CAWL will offer all-in-one payment solutions combining acceptance and acquisition and integrating value-added services specific to each business sector: industry-vertical offerings to simplify merchants’ lives and enable them to focus on developing their businesses.

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B2B Payment Providers: How to Be Sure You Have the Right One

BlueSnap

The right B2B payment provider is critical for your business. Your payments solution must serve your customers’ needs while also meeting your organization’s unique requirements. Without determining what’s most important for your business, you risk relying on an option that creates more problems than it solves. The post B2B Payment Providers: How to Be Sure You Have the Right One appeared first on BlueSnap.

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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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China central bank launches $70bn tech lending programme

Finextra

The People's Bank of China (PBoC) has announced a re-lending scheme designed to boost the country's science and tech sector.

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Wise Platform Powers New Global Account and Card Program for Brazilian Fintech Nubank

Finovate

Brazilian fintech and financial services giant Nubank has teamed up with Wise Platform. Courtesy of the partnership, Wise Platform will power a new global account and international debit card for Nubank. Wise Platform offers banks, financial institutions, and businesses the ability to leverage its infrastructure to make cheaper, easier payments. Brazilian fintech Nubank has partnered with Wise Platform to power its global account and international debit card.

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SUNRATE Offers Apple Pay Functionality for Credit Card Customers

The Fintech Times

SUNRATE , a Singapore-based payment and treasury management platform, is bringing Apple Pay to its customers, offering a safer, more secure and private way to pay, and using the iPhone’s power to protect each transaction. Now, SUNRATE customers can use an iPhone or Apple Watch at payment terminals to make contactless payments. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or a device passcode, as well as a one-time unique dynamic security code.

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Busey Bank enlists CorServ for credit card programme

Finextra

CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Busey Bank ($12.5 billion in assets) to launch a modern credit card program for their commercial 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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SC Ventures and NEXT176 Join Forces to Democratise Finance With Financial Wellness Platform

The Fintech Times

With the goal of improving financial inclusion across Africa and Asia, SC Ventures , Standard Chartered ’s innovation, fintech investment and ventures arm, has partnered with NEXT176 , the venture-building and investment arm of Old Mutual , a Pan-African financial services group. By merging SC Ventures backed Autumn , a financial goals and wealth planning app that was incubated in Singapore; and NEXT176 backed 22seven , a budget aggregation and tracking app based in South Africa, the two firms h

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Sunrate brings Apple Pay to commercial credit card customers

Finextra

Sunrate, an intelligent global payment and treasury management platform, today brings its customers Apple Pay, a safer, more secure and private way to pay, and uses the power of iPhone to protect every transaction.

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Tranglo Builds on Cross Border Solution With E-Wallet Expansion Offering

The Fintech Times

Traditionally, sending and receiving remittance payments has been a tedious process. With services only being available at certain times during the day, accessibility is very limited; for those living in rural areas with a lack of financial services, this process is made even more difficult. Tackling this issue, fintech specialist Tranglo has expanded its cross-border payments network.

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Credit Agricole and Worldline launch merchant payment service

Finextra

Crédit Agricole and Worldline [Euronext: WLN] today unveil CAWL, the name of their joint venture, with a strategy focused on combining service and proximity to provide merchants with payment services tailored to the unique needs of their sectors.

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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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AI Risks and Opportunities for Insurance: An Evening With DLA Piper

The Fintech Times

Global law firm DLA Piper, i n partnership with The Fintech Times and The Fintech Power 50, recently hosted a fascinating evening event at its head office in London addressing how established players and disrupters in the insurance industry can navigate through the complexities of artificial intelligence (AI). Regulatory hurdles and compliance intricacies emerged as focal points, with speakers exploring the complex landscape of legal frameworks governing AI including the EU AI Act and the UK reg

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Bank of Ireland blames latest glitch on "technical issue"

Finextra

Bank of Ireland (BoI) was hit by another outage on Friday when its mobile banking app went down for around four hours.

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In Conversation at Pay360: Watch Lloyds Bank and CoBa Technology Discuss New Partnership

The Fintech Times

At this year’s PAY 360 conference held at London’s Excel – one of the largest payment events of the year in the UK – more than 5,000 payment and finance professionals from around the globe gathered to network and share insights on the hot topics in the industry. The Fintech Times took the opportunity to catch up with Lloyds Bank and fast-growing fintech CoBa Technology – a cloud-hosted platform that seamlessly connects banks and businesses – to learn more about the

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ZA Bank supports stablecoin issuers for web3 adoption

The Paypers

Hong Kong-based ZA Bank has announced plans to offer banking services for stablecoin issuers to cater to the increase in local web3 adoption.

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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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Support for SMEs: Has the Government Gone Far Enough?

The Fintech Times

As difficult macroeconomic and geopolitical conditions persist, growth is becoming especially difficult for SMEs to achieve in the UK. Unpaid invoices, cash flow difficulties and a lack of support have left many small firms in a difficult spot. In this environment, can SMEs find the support they need? Here, Sinead McHale , CEO of Satago , the cloud-based cash flow management and invoice finance solution, discusses whether the government’s stance on late payments goes far enough for SMEs.

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LemFi receives CBK approval for Kenya remittance operations

The Paypers

US-based fintech LemFi has received regulatory approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.

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Munich Re Automation selected by American Family Life Insurance

Finextra

Munich Re Automation Solutions Ltd announced today that American Family Life Insurance Company is adopting the company’s cloud-based automated underwriting and analytics solution.

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Busey Bank Taps CorServ to Launch Modern Card Program

Finovate

Busey Bank has selected CorServ to offer a new credit card program for its commercial clients. Busey Bank is giving up its Agent Bank program in favor of CorServ’s Account Issuer Program , in which Busey Bank will directly issue credit cards. CorServ has been offering card issuing services since it launched in 2009. Illinois-based Busey Bank announced today it has selected card issuer CorServ to power a a modern credit card program for its commercial customers.

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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.