Fri.May 24, 2024

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PCI DSS For Small Business

VISTA InfoSec

In an era where digital transactions reign supreme, ensuring the security of payment card data is paramount for businesses. This is where the Payment Card Industry Data Security Standard (PCI DSS) comes into play, serving as a crucial framework for safeguarding sensitive information and protecting both businesses and consumers from the ever-present threat of cybercrime.

PCI DSS 243
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Cash App aims to add more features

Payments Dive

Block’s Jack Dorsey wants to improve Cash App’s customer service experience in order to entice more users to make it their primary bank, he said this week.

Blocks 157
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Ethereum ETFs approval progresses with SEC announcement

Finextra

The US Securities and Exchange Commission (SEC) has approved rule changes in support of ethethereum ETFs, setting up the potential launch of 8 exchange traded funds.

Rules 124
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Walmart and Capital One break up

Payments Dive

The retail behemoth and its credit card issuer said in a terse, joint press release Friday that they’re parting ways.

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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

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Inside look: Synchrony’s AI training strategy

Bank Automation

Synchrony Financial is investing in training its employees on emerging technology, with a focus on AI and automation. Training options include “technology certifications mapped to critical skills in areas like cybersecurity, software engineering and UX design,” Tim Christensen, senior vice president of product, digital, innovation and AI at Synchrony, told Bank Automation News.

AI 114
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Businesses boost use of digital wallets: Fed

Payments Dive

Business use of digital wallets rose last year more than their use of many other forms of payment, according to a survey commissioned by the Federal Reserve’s financial services unit.

More Trending

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5 Tech Trends Revolutionising Lending Lifecycle Management

Finezza

There is a stark contrast between India’s current financial landscape and its state in the 2000s primarily due to the influx of fintech companies. The confluence of technology and finance combined with the increasing demand for convenient and user-friendly financial services are shaping India’s economic ecosystem. While traditional banks and financial institutions have served the […] The post 5 Tech Trends Revolutionising Lending Lifecycle Management appeared first on Finezza Blog.

On-Demand 104
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CFPB Takes Action to Ensure Consumers Can Dispute Charges and Obtain Refunds on Buy Now, Pay Later Loans

Fintech Finance

The Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers. Accordingly, Buy Now, Pay Later lenders must provide consumers some key legal protections and rights that apply to conventional credit cards. These include a right to dispute charges and demand a refund from the lender after returning a product purchased with a Buy Now, Pay Later loan.

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FedNow, RTP interoperability is inevitable — down the line

Bank Automation

The Clearing House’s Real Time Payments network and The Federal Reserve’s FedNow network are prepared to tackle interoperability eventually — but for now, its value remains minimal.

RTP 78
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Mastercard joins UNDP to fight digital scams

Finextra

Mastercard joins UNDP, United Nations Development Programme, signing a Memorandum of Understanding to collaborate towards deepening the understanding of development impact of digital scams, and ways to detect and address them.

Scams 64
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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?

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Building on Success: SuperTech Sets Out Multi-Year Plan To Accelerate West Midlands Economic Growth

The Fintech Times

The West Midlands is said to have the fastest-growing tech sector in the UK, valued at £15.3billion in 2023 according to the West Midlands Combined Authority (WMCA). Looking to ensure this continued success, Whitecap , the strategy and commercial consultancy, has supported SuperTech , the UK’s professional services tech (proftech) supercluster in the development of a multi-year plan to serve businesses and consumers in the region.

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Ex-Citi employee files wrongful termination lawsuit alleging the bank hid data from regulators

Finextra

A former managing director at Citigroup is suing the bank and COO for unlawful termination on the grounds of allegedly refusing to provide regulators with false information.

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Metro Cable Teams Up with Velmie to Launch Vult: Revolutionary Digital Wallet in Sierra Leone

Fintech Finance

Velmie , a banking technology provider, is proud to announce its collaboration with Metro Cable – Sierra Leone’s premier provider of high-speed gigabit internet access – to launch Vult. Vult is a modern digital wallet solution designed to offer users a secure and convenient way to make online transactions, deposits, withdrawals, pay bills and send and receive money in multiple currencies, all within a single platform.

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Guavapay partners Visa on London campaign

Finextra

Guavapay, a global fintech company has announced its partnership with Visa, a world leader in digital payments, to launch an impactful Out Of Home (OOH) campaign across London.

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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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Fair4All Finance Urges Financial Services Sector to ‘Reshape Credit Market’ to Stop Illegal lending

The Fintech Times

Although the UK is no longer in a recession, many people on lower incomes continue to be financially excluded, as they fail to meet strict criteria for lending from incumbent banks, or mainstream lenders. But this issue has led to loan sharks taking advantage of these people’s financial situations, and it is time for the mainstream financial sector to address the credit vacuum, urges Fair4All Finance , a financial inclusion organisation.

Finance 59
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Banc of California launches Build@Banc to support startups

Finextra

Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today the launch of Build@Banc, a service dedicated to providing tailored banking solutions to seed and early-stage innovative startups. The Build@Banc team also provides guidance and resources to help founders choose the right banking solutions and offers introductions to its well-established network of investors and advisers.

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British Business Bank Hails Third Iteration of Recovery Loan Scheme as ‘Important Intervention’

The Fintech Times

The British Business Bank has published the performance data for the third iteration of its Recovery Loan Scheme, highlighting its effectiveness in driving growth for UK SMEs. The Recovery Loan Scheme is a government-backed credit guarantee scheme designed to support access to finance for UK businesses looking to invest and grow. Launched in August 2022, the third iteration of the Recovery Loan Scheme, looked to support the British Business Bank’s ongoing commitment to promote sustainable, acces

Finance 59
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Australian-owned wealthtech HeirWealth launches

Finextra

New Australian wealthtech, HeirWealth, will officially launch in Sydney today to help families experience more organised and harmonious intergenerational wealth transfers.

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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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UK Relies on Quickly Ageing Authentication Tech: Firms Must Adopt New Systems Reveals Ping Identity

The Fintech Times

Artificial intelligence’s (AI) emergence in the fintech scene has been a blessing and a curse. While it has helped streamline organisations’ services, it has also been used by bad actors and resulted in many, especially in the UK, questioning their risk management tools. Looking to uncover how different regions of the world are responding to the threat of misused AI, Ping Identity , a provider of seamless and secure digital experiences, conducted a survey of 700 IT decision-makers ac

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The Benefits of Embedded Payments and Processing Payments in Sage

EBizCharge

Sage is a renowned provider of accounting software and services tailored for small to medium-sized businesses. It seamlessly integrates various accounting products and solutions to streamline financial operations, support informed business decisions, and offer insightful real-time transaction information. Businesses can also incorporate embedded payments for more efficient and integrated transaction processing in Sage.

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Bluefin Announces Completion of Elavon Certification for SUNMI Payment Terminal

Fintech Finance

Bluefin , the integrated payments pioneer in PCI-validated Point-to-Point (P2PE) encryption and tokenization services that protect payments and sensitive data, has announced the completion of Elavon certification for SUNMI Payment Terminal. Bluefin customers using the company’s TECS Platform and processing through Elavon can order the devices right away.

PCI DSS 52
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Bursa Malaysia introduces API gateway to boost onboarding experience

Finextra

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) has recently introduced an Application Programming Interface (“API”) or API Gateway to increase the efficiency of the Central Depository System (“CDS”) account management processes by Participating Organisations (“PO”) or brokers.

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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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Apple Launches Tap to Pay on iPhone in Canada

Fintech Finance

Apple launched Tap to Pay on iPhone in Canada, empowering millions of merchants to use iPhone to seamlessly and securely accept in-person, contactless payments. Tap to Pay on iPhone makes it easy for businesses of any size to accept payments from contactless credit and debit cards,1 Apple Pay, and other digital wallets using only their iPhone and a partner-enabled iOS app — no additional hardware or payment terminal required.

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Insurtech Cover Whale raise s$27.5m in debt and equity

Finextra

Leading insurtech specializing in connected insurance for commercial auto, Cover Whale announces $27.5 million funding in debt and equity from investment funds managed by Morgan Stanley Expansion Capital.

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MyGuava and Visa Launch Collaborative Campaign in London

Fintech Finance

Guavapay , a global fintech company has announced its partnership with Visa , a world leader in digital payments, to launch an impactful Out Of Home (OOH) campaign across London. This collaborative campaign aims to enhance awareness of MyGuava multicurrency Visa Card for users of MyGuava App and MyGuava Business, the flagship products of Guavapay. The campaign is primarily targeting the digitally savvy Gen Z and Millennial demographics for MyGuava App, and small retailers for MyGuava Business.

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FE fundinfo buys German fintech Dericon

Finextra

FE fundinfo, a leading financial data company connecting the asset management industry to distribution networks in the UK, Europe and Asia Pacific, has continued its European expansion with the acquisition of Frankfurt-headquartered Dericon, a pioneering fintech in Germany’s wealth management industry.

FinTech 52
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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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Best Practices for a Seamless Billing System Migration

Chargebee

Selecting a new billing system can feel like running ten miles in a marathon only to find 32 more miles to go. You’ll reach the finish line only when you nail the implementation, migration, and onboarding. An unplanned migration process can lead to data duplication, inaccurate revenue reporting, and business downtime – all affecting the incredible subscriber experience you want to deliver to your customers.

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HSBC opens US HQ in New York's Hudson Yards

Finextra

HSBC today announced the inauguration of its new U.S. headquarters at The Spiral, a renowned office building in New York City’s Hudson Yards neighborhood, marking its largest U.S. relocation to date.

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Accertify Discusses Fraud Protection with NORA TV

Accertify

Discover the insights behind Accertify’s success in fraud protection and chargeback management in this exclusive interview with NORA television. Dive into the philosophy, advanced technology, and core values that make Accertify a trusted partner in the market. Understand how their commitment to innovation and customer satisfaction sets them apart in safeguarding businesses against fraud.

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CBiGroup raises $15m

Finextra

Fintech Group based in the U.S, CBiGroup completes $15 million in Series A funding. Alpol Capital Family Office, known for its investments in new technologies, led the funding round.

FinTech 52
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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.