Payments Dive

APRIL 2, 2024

The e-commerce giant will replace the grab-and-go tech with its smart shopping carts in its Amazon Fresh grocery stores, a tech media outlet reported.

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Finextra

APRIL 2, 2024

The governments of the UK and US have signed what they claim is the first international bilateral agreement to regulate the risks of artificial intelligence (AI) models.

Agreements 116

Agreements Regulations AI Government 116

Stax

APRIL 2, 2024

Credit card processing fees are expensive. There’s no way around it. In 2022, industry data shows that credit card companies earned a whopping $126.4 billion in processing fees. At upwards of 3.15% plus ten cents in interchange fees, these extra fees cost a pretty penny. And with merchants expected to pay as much as $502 million extra after price hikes in 2023 and 2024, these fees are shooting up faster than the transaction amounts spent on purchases.

Credit Cards 88

Credit Cards Best Practices Legal Compliance 88

Finextra

APRIL 2, 2024

Amazon is removing its cashierless "Just Walk Out" technology from its Fresh grocery stores in the US.

Technology 126

Technology 126

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

Payments

Fintech News

APRIL 2, 2024

The Monetary Authority of Singapore (MAS) has announced revisions to the Payment Services Act (PS Act) and related regulations, marking a significant expansion in the regulation of payment services within the country. The amendments, which are set to be implemented in phases starting from 4 April 2024, aim to encompass a broader range of payment services under MAS oversight and introduce new user protection and financial stability requirements for providers of digital payment tokens (DPTs).

Rules 108

Rules Accreditation Money Laundering Caps 108

Finextra

APRIL 2, 2024

The market for embedded finance is forecast to grow by 148% over the next five years, according to a recently published study.

Embedded Finance 111

Embedded Finance Finance 111

Finextra

APRIL 2, 2024

The release of the smart contacts platform Soroban on the Stellar blockchain in February 2024 marked.

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Blockchain 122

Fintech News

APRIL 2, 2024

Nick Wilde, the Managing Director of APAC for Thought Machine , has announced his departure from the company to return to Australia after a notable 17-year career abroad. During Wilde’s five-year tenure at Thought Machine, he was instrumental in the growth of Vault Core, the company’s flagship core banking platform. Vault is an API enabled, cloud-native alternative to the legacy platforms commonly found in the banking industry.

APACS 97

APACS Returns API FinTech 97

Finextra

APRIL 2, 2024

Japanese financial services conglomerate has announced plans to consolidate its various fintech divisions into a single unit.

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FinTech 109

Fintech News

APRIL 2, 2024

Sydney-based fintech Constantinople has raised US$50 million in a Series A funding round led by Prosus Ventures, the venture capital division of Prosus. The firm had previously secured US$32 million in a seed round in 2023. The funding round also saw participation from several previous investors including Great Southern Bank, Square Peg, and Airtree Ventures.

Security 93

Security FinTech Fraud Detection Financial Crimes 93

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Finextra

APRIL 2, 2024

Canadian payments firm Nuvei is set to go private after agreeing an acquisition deal with a private equity firm.

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Acquirers Payments 113

Payments Dive

APRIL 2, 2024

The sale of the Canadian payments processor’s stock to the private equity firm will hand some investors a $560 million windfall.

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Processors Payments 78

Bank Automation

APRIL 2, 2024

The 2023 collapse of Silicon Valley Bank reminded fintechs and financial institutions of the importance of having a backup loan servicer in the case of a trigger event.

FinTech 78

FinTech 78

Basis Theory

APRIL 2, 2024

Payments are an inescapable element of any commercial enterprise, yet the whole payment ecosystem can seem like a closed book to many businesspeople. Beyond the existing complexity, there is a deep and rich history of financial systems and business morphing that reaches back before the Common Era - a story that continues to evolve even today.

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Payments Continuity 68

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

Best Practices

Fintech Review

APRIL 2, 2024

Neobanks are starting a new chapter in banking by using technology to offer easy and modern services, changing how we think about banks and attracting people who prefer using digital tools. This new era of banking is characterized by technology-driven services, offering a level of convenience and user experience that traditional banks often struggle to match.

Consumer Protection 79

Consumer Protection Innovation On-Demand Regulatory Compliance 79

Finovate

APRIL 2, 2024

Indiana-based New Washington State Bank (NWSB) has selected Apiture’s Digital Banking Platform to power its online and mobile banking solutions. The community bank will also deploy Apiture’s Account Opening and Data Intelligence solutions to onboard customers faster and to offer tailored campaigns. Apiture made its Finovate debut at FinovateFall 2022.

Online and Mobile Banking 64

Online and Mobile Banking Mobile Banking Credit Union Community Banks 64

The Fintech Times

APRIL 2, 2024

ACI Worldwide , the real-time payments software provider, has partnered with Arab Financial Services (AFS), the Middle East and Africa region’s digital payment solutions provider and fintech enabler, to collaboratively drive digital payments modernisation for banks, fintechs and merchants across the region. During a 10-year strategic partnership, AFS plans to leverage the ACI Worldwide Enterprise Payments Platform, a single transaction processing platform for all payment types, backed by cuttin

Multi-Currency 63

Multi-Currency Payment APIs and Integration Value Added Service Payments 63

Finextra

APRIL 2, 2024

Adyen, the global financial technology platform of choice for leading businesses, is partnering with Adobe Commerce to deliver flexible online and offline payments solutions to global enterprise merchants operating on Adobe Commerce.

Payment Solutions 59

Payment Solutions Technology Payments 59

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.

Payments

The Fintech Times

APRIL 2, 2024

Global payment provider Jeton has secured a place among the top 1000 largest growing companies in Europe, ranked by Financial Times (FT) and compiled in collaboration with data provider Statista. It placed 75th on the FT1000 list, which acknowledges companies from 31 European countries that have experienced the highest revenue growth. This recognition comes after years of diligent work and expansion for Jeton, which has grown significantly since its establishment in 2018.

Agreements 63

Agreements Posting Transactions Global Payments 63

Finextra

APRIL 2, 2024

Worldline (Euronext: WLN), a global leader in payment services, announces the extension of its 16-year partnership with ASDA, the UK’s third-largest supermarket group, to deliver a full omnichannel payment solution, for an initial period of five years.

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Payment Solutions Payments 59

The Fintech Times

APRIL 2, 2024

The Fintech Times Bi-Weekly News Roundup on Tuesday 2 April 2024 serves up the latest industry movers and partnerships. Partnerships Adyen, the global financial technology platform, has partnered with PayMe by HSBC in Hong Kong to become an acquirer for the mobile payment service. Through this partnership, Adyen’s merchants can now accept PayMe as a payment method when their Hong Kong customers check out their purchases online.

FinTech 58

FinTech Online and Mobile Banking Non-Bank Payment Solutions 58

Finextra

APRIL 2, 2024

Checkout.com, a leading global payments solution provider, has predicted that online shopping in the UAE over the month of Ramadan will continue to surge across many key retail and service categories, reflecting how the country’s digital payment ecosystem is gaining more trust while becoming more convenient for consumers.

Global Payments 59

Global Payments Payment Solutions Digital Payments Continuity 59

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.

Continuity

Bank Automation

APRIL 2, 2024

Certified service providers of the Federal Reserve’s FedNow network are looking to the cloud to streamline client onboarding and drive adoption of the payments rail.

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FedNow Service Provider Real Time Payments Automation 61

Finextra

APRIL 2, 2024

Informatica, the enterprise cloud data management leader, today launched its AI-powered Intelligent Data Management Cloud™ (IDMC) in Saudi Arabia, a first for the Kingdom.

AI 59

AI 59

Finovate

APRIL 2, 2024

Embedded banking software provider Treasury Prime partnered with digital banking solutions company Narmi. Banks in the Treasury Prime network will be able to offer their BaaS clients access to a real-time payment platform via Narmi’s FedNow service. Under the agreement, Narmi will act as the service provider for FedNow. Embedded banking software provider Treasury Prime announced today it has partnered with digital banking solutions company Narmi.

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Treasury Instant Payments FedNow Real Time Payments 40

Finextra

APRIL 2, 2024

Mutual Trust Bank Limited (MTB) in Bangladesh is launching biometric payment cards based on IDEX Pay, the biometric solution from IDEX Biometrics.

Payments 59

Payments 59

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Fintech Finance

APRIL 2, 2024

Bybit , one of the world’s top three crypto exchanges by volume, is thrilled to announce a significant advancement in its Bybit Card service, enhancing user convenience and accessibility. The integration of Google Pay now allows Bybit Card users in the European Economic Area (EEA) to seamlessly spend their assets with unprecedented ease and security.

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Cryptocurrency Volume Transactions Security 52

Finextra

APRIL 2, 2024

Form3, the cloud-native account-to-account platform, today launches a new, innovative authorised push payment fraud (APP fraud) prevention solution, powered by Feedzai, the market leader in anti-fraud and financial crime software.

Fraud Prevention 52

Fraud Prevention Financial Crimes Crime Accounts 52

Paymerang

APRIL 2, 2024

Private nonprofit higher education institutions are navigating a complex financial landscape amidst current and anticipated shifts in enrollment trends. To empower finance staff at these institutions and foster financial resilience, there is a compelling case for embracing the automation of Accounts Payable (AP).

Automation 52

Automation Accounts Enrollments Finance 52

Fintech Finance

APRIL 2, 2024

Mutual Trust Bank Limited (MTB) in Bangladesh is launching biometric payment cards based on IDEX Pay, the biometric solution from IDEX Biometrics. Mutual Trust Bank ranks amongst the top ten banks in Bangladesh and is recognized as one of the most sustainable banks of Bangladesh, winning Bangladesh’s best bank for diversity and inclusion award in 2021.

Innovation 52

Innovation Security Payment Solutions Continuity 52

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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.

Payments