Finextra
JUNE 4, 2024
At Money 20/20 Europe, Mehret Habteab, senior VP of product and solutions at Visa Europe, announced the company generated $40 billion in incremental e-commerce revenue globally, after issuing over 10 billion tokens since their launch in 2014.
Fintech Review
JUNE 4, 2024
By Nikolay Seleznev , Chief Strategy and Business Development Officer at Uzum The descendants of those who traded on the Silk Road are now embracing a new vehicle for commerce: fintech. For years unable to access innovative finance and technology products, Uzbeks are making up for lost time. In a country and a region which is enjoying robust growth and undertaking a program of economic modernisation, the market for Uzum – and other digital service ecosystems – is growing at an exponential rate.
Basis Theory
JUNE 4, 2024
The speed at which payments options expand and change has reached a breakneck pace: it’s almost impossible to imagine a time when the only options were to provide cold, hard cash, a check, or one of the three or four major credit cards. And yet - that reality is shockingly recent, when you consider that the first credit card didn’t launch until the 1950s , and debit cards didn’t take off until the late 1980s and early 1990s.
National Processing
JUNE 4, 2024
Why is running a retail business such a painful affair sometimes? For starters, retail businesses can be inherently stressful due to fast-changing environments and too many “moving parts” that the owner has to handle. Then, on top of that are the issues related to retail credit card processing which make other pain points seem […] The post Guide to Credit Card Processing for Retail appeared first on National Processing.
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
The Payments Association
JUNE 4, 2024
In today's digital marketplace, understanding the lifetime value (LTV) of your customers is crucial. It's about distinguishing between a fleeting transaction and a lifelong patronage. This distinction is vital, as nurturing customers who consistently engage with your brand can significantly impact your business's sustainability and growth.
Stax
JUNE 4, 2024
Selecting the right payment processing software is crucial for any business aiming to streamline transactions and enhance customer experience. This decision impacts everything from compatibility with existing systems to security features and customer support. You should consider factors like integration capabilities, user experience, scalability, and pricing structures, to ensure a seamless and cost-effective payment process.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Finextra
JUNE 4, 2024
Klarna, the AI powered global payments network and shopping assistant, has cut its sales and marketing spend by 11% in Q1 2024 while increasing the number of campaigns and updating marketing collateral more frequently.
Fintech News
JUNE 4, 2024
Global payments company Nium has raised US$50 million in a Series E funding round, valuing the company at US$1.4 billion. The round was led by a sovereign wealth fund in Southeast Asia and includes previous investors BOND, NewView Capital, and Tribe Capital. The funds will be used to accelerate Nium’s growth in the B2B payments market which is projected to reach US$175 trillion by 2030.
Payments Dive
JUNE 4, 2024
Takis Georgakopoulos, a 17-year veteran at the bank, will be replaced by two colleagues being promoted to co-head roles.
Fintech News
JUNE 4, 2024
Homegrown financial services company Singlife has successfully completed its migration to Amazon Web Services (AWS ). The firm claims to be the first insurer in Singapore to be fully cloud-based. Announced in late 2022, the multi-phased project, supported by AWS Professional Services, involved migrating over 39 mission-critical applications and exiting its data centers within 18 months.
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.
Finextra
JUNE 4, 2024
The Bank for International Settlements (BIS) is launching Project Rialto to explore how instant cross-border payments could be improved using a modular foreign exchange component combined with settlement in wholesale central bank digital currencies (wCBDC).
Fintech News
JUNE 4, 2024
IDEMIA Secure Transactions has introduced the GREENPAY Wallet , a new digital solution aimed at promoting regenerative sustainability in the banking sector. This announcement comes just before World Environment Day on 5 June 2024. The GREENPAY Wallet is a major step in IDEMIA Secure Transactions’ broader corporate social responsibility strategy.
Payments Dive
JUNE 4, 2024
In consumer fraud complaints to the federal agency last year, PayPal and Cash App were cited as apps often used by consumers to pay scammers.
Fintech News
JUNE 4, 2024
Payment giant Visa announced at Money20/20 in Amsterdam that it has issued 10 billion tokens through its tokenisation technology. This has contributed over US$40 billion in additional e-commerce revenue globally and has prevented US$650 million in fraud over the past year. Since its launch in 2014, Visa’s tokenisation technology has replaced sensitive payment data with cryptographic keys, enhancing security and making digital payments safer.
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.
Bank Automation
JUNE 4, 2024
The new Consumer Financial Protection Bureau rule putting buy now, pay later providers in the same category as credit card issuers can fuel the industry’s growth, experts say.
Fintech News
JUNE 4, 2024
International Payment Identity (iPiD), a Singapore-based fintech that recently joined Visa’s 2024 Accelerator Programme , has raised US$5.3 million in a Pre-Series A funding round. The round, led by Monk’s Hill Ventures, also saw participation from Quona Capital, QED Investors, and existing backers Jungle Ventures, 1982 Ventures, Saison Capital, and Resolution Ventures.
Bank Automation
JUNE 4, 2024
Financial institutions look to their tech providers to help them embrace new technologies, including AI. At cloud-based fintech nCino, Chief Industry Innovation Officer Anthony Morris works to identify technologies that banks need to implement to keep up with the “industry ahead of them,” he tells Bank Automation News on this episode of “The Buzz” podcast.
Fintech News
JUNE 4, 2024
HitPay, a Singapore-based commerce platform for SMEs, has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval issued earlier this year in February. The license will enable HitPay to provide merchant acquisition and domestic and cross-border money transfer services, opening cross-border opportunities for SMEs.
Advertisement
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.
Fi911
JUNE 4, 2024
As eCommerce chargebacks become more of a problem, a growing number of online merchants are looking to bring an in-house chargeback analyst into their operations. This professional typically collaborates with financial institutions, payment processors, and card associations to represent the merchant’s interests. The main responsibility of a chargeback analyst includes interpreting chargeback data to assist with the resolution of client disputes and eliminating the factors that might trigger char
Fintech News
JUNE 4, 2024
HSBC announced that it is set to open three new wealth centres in Singapore by the first quarter of 2025. This move will see the bank increasing its investment in its physical network fivefold, transforming branches into wealth centres to facilitate comprehensive wealth discussions with clients. The new centres will be located in the Central Business District, as well as in the east and west regions of Singapore.
Finextra
JUNE 4, 2024
The popularity of ChatGPT stems from its ability to generate human-like text based on input, making.
Fintech News
JUNE 4, 2024
The Bank for International Settlements (BIS) has launched Project Rialto to test the potential for improving instant cross-border payments through a combination of a modular foreign exchange (FX) component and wholesale central bank digital currencies (wCBDC). Enhancing cross-border payments is a significant international policy objective and a priority for the G20.
Advertisement
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.
PayJunction
JUNE 4, 2024
Medical payments are confusing: Explanation of Benefits (EOB) statements, co-pays, prescription coverage, Medicare plans, separate bills for doctors vs. labs, HDHP, HSA, FSA. The list goes on. It’s no wonder that recent surveys found nearly 40% of Americans are confused by medical bills.
Finextra
JUNE 4, 2024
The UK's Link ATM network is testing a new breed of cash machine capable of accepting desposits for multiple banks.
Finovate
JUNE 4, 2024
AMLYZE , a regtech specializing in combating financial crime that made its Finovate debut at FinovateEurope earlier this year , has forged a strategic partnership with Aura Cloud. Headquartered in Lithuania, AMLYZE offers anti-financial crime solutions for a variety of financial services providers, including fintechs, banks, and cryptocurrency firms.
Finextra
JUNE 4, 2024
Visa today announced a significant milestone achieved by its tokenization technology, revealing that Visa tokens have generated more than $40 billion in incremental ecommerce revenue for businesses globally and saved $650 milion in fraud in the last year.
Advertisement
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.
Finovate
JUNE 4, 2024
Trulioo and Mastercard have partnered to help clients streamline onboarding while combatting fraud. Trulioo will leverage Mastercard’s identity solutions to gain insight into identity and risk scores. Mastercard will tap Trulioo’s global business identity verification services to enhance its Onboard Risk Check product by adding a layer of assurance to merchant and consumer onboarding solutions.
Finextra
JUNE 4, 2024
WealthOS, a cloud-native and API-driven core wealthtech startup, has topped up a £2 million seed round led by Barclays Bank with a further injection of capital from the UK lender and fintech investors.
The Fintech Times
JUNE 4, 2024
Money20/20 Europe is back at the RAI in Amsterdam for three days of industry insights, networking, collaboration and companies showcasing their latest products and services. Here’s our highlights from day one. Scarlett Sieber, Money20/20’s chief strategy and growth officer, opened the show on the Na.i.ture stage – a very green setting with an abundance of trees and plants that will apparently find a new home once the event is over.
Finextra
JUNE 4, 2024
Temenos (SIX: TEMN) today announced a collaboration with Mastercard, a leading global technology company in the payments industry, to accelerate the implementation and delivery of Mastercard Move, Mastercard’s portfolio of money transfer capabilities, to banks and their customers.
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.
Expert insights. Personalized for you.
122 
Let's personalize your content