Open Banking Excellence

MAY 2, 2024

Open Banking Focus: New Opportunities on the Ancient Silk Road Vasil Shengelia, Head of Open Banking Division at the National Bank of Georgia, alongside Varlam Ebanoidze, Head of the Fintech and Suptech Development Department introduces us to an ecosystem with plans to once again act as a bridge between East and West. The Silk Road was a vital trade route linking China to Europe which operated for roughly 1,500 years.

Interoperability 147

Interoperability Payment APIs and Integration Central Bank Cross-Border 147

VISTA InfoSec

MAY 2, 2024

In today’s fast-moving tech world, every business—big or small—needs an IT setup that’s not just robust but also smart enough to keep up with rapid changes and challenges. That’s where managed IT services come in. They do more than just prop up your tech; they turbocharge your business goals. Ever wonder how managed IT services slide into your overall business strategy?

Cybersecurity 130

Cybersecurity Legal Compliance Best Practices 130

Payments Next

MAY 2, 2024

By Jeff Domansky, Managing Editor The Merchants Payments Coalition (MPC) has emphasized the urgent need for Congress to pass the Credit Card Competition Act (CCCA). With The post CCCA could save merchants and consumers over $16B a year first appeared on Payments NEXT.

Consumer 136

Consumer Credit Cards Posting Payments 136

Payments Dive

MAY 2, 2024

The payments processor plans to finish an assessment of operations in the next few months, aiming to streamline its business and pare units it can’t scale.

Global Payments 146

Global Payments Processors Assessments Payments 146

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

Finextra

MAY 2, 2024

The Bank of Namibia has called in NPCI International Payments to help the southern African country develop an instant payments system based on India's hugely successful UPI.

Instant Payments 134

Instant Payments International Payments Payments 134

Bank Automation

MAY 2, 2024

Card giants Mastercard and Visa leaned into AI and generative AI for fraud detection in the first quarter. “We continue to enhance our solutions with generative AI to deliver even more value,” Chief Executive Michael Miebach said during Mastercard’s May 1 earnings call.

AI 124

AI Visa Fraud Detection Continuity 124

Fintech News

MAY 2, 2024

OCBC Bank has officially completed the acquisition of PT Bank Commonwealth Indonesia through its Indonesian subsidiary, PT Bank OCBC NISP Tbk, as of 1 May 2024. The deal transfers 100% ownership of PT Bank Commonwealth Indonesia to OCBC , making it a fully owned subsidiary. This acquisition integrates over 1.2 million customers into OCBC Indonesia’s network.

Process 104

Process Product Continuity FinTech 104

FloQast

MAY 2, 2024

We’re big podcast fans here at FloQast. Given the analytical nature of our profession, it should come as no surprise that we’re also huge on true crime. So, today, we’re especially proud to announce our first-ever true crime podcast, Fraud Files: The Rise & Fall of Dawn J. Bennett , available on FloQademy. And the best part? You can earn CPE as you listen.

Crime 102

Crime Due Diligence Advisors Agreements 102

Clearly Payments

MAY 2, 2024

Merchant services contracts for payment processing are complex. They are long and convoluted. Contracts are not standardized and there is no strict regulation on payment processing pricing so it is very difficult to compare payment processing offers. This is why it is so important to choose the right payments provider. This guide will help merchants understand these merchants services contracts, what to watch out for, and how pricing works.

Process 93

Process PCI DSS Processors Payments 93

Fintech News

MAY 2, 2024

Wise has been making significant strides in the Asia Pacific region as it continues to revolutionise the way people and businesses move and manage money globally. With a strong presence in eight Asia Pacific markets, including Australia, New Zealand, Hong Kong, India, Indonesia, Japan, Singapore, and Malaysia, Wise is becoming known across the global cross-border payment landscape by offering transparent, fast, and cost-effective solutions.

Cross-Border 95

Cross-Border Cross-Border Payments Push-to-Card On-Demand 95

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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?

Use Case

Finextra

MAY 2, 2024

TransferGo, the global fintech empowering a world on the move, has partnered with Tink, a market-leading payment services and data enrichment platform, to add Pay by Bank to its payments offering.

FinTech 84

FinTech Payments 84

Fintech News

MAY 2, 2024

Finastra, a global financial software provider, has teamed up with OpenFin to enhance the user experience in treasury management systems. This partnership focuses on upgrading Finastra’s Kondor system , widely used by banks for treasury management. By incorporating OpenFin’s technology, Finastra aims to improve the functionality and efficiency of Kondor through better workspaces and streamlined workflows.

Treasury 94

Treasury Treasury Management Liquidity Risk Risk Management 94

Finextra

MAY 2, 2024

The Digital Token Identifier Foundation (DTIF) has announced that its Digital Token Identifier (DTI) will be deployed for the regulatory reporting of digital asset derivative trades across the G20.

Risk 81

Risk 81

PayPal

MAY 2, 2024

MoonPay’s integration with PayPal offers a seamless fiat-to-crypto experience for all PayPal users in the U.S.

PayPal 92

PayPal 92

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

Bank Automation

MAY 2, 2024

ING Bank is improving its digital capabilities and offerings as it posted growing mobile banking adoption in the first quarter. The bank is prioritizing delivering “a superior customized digital experience that is personal, easy, relevant and instant,” Chief Executive Steven van Rijswijk said during the digital bank’s first-quarter earnings call today.

Mobile Banking 75

Mobile Banking Posting 75

Finextra

MAY 2, 2024

BlueSnap and its former CEO have settled with the Federal trade Commission (FTC) for knowingly processing payments for "deceptive and fraudulent" companies.

FTC 80

FTC Federal Trade Commission Processors Settlement 80

The Fintech Times

MAY 2, 2024

Fils , the UAE-based digital infrastructure provider enabling companies to embed sustainability and climate action into their business models, has expanded to Pakistan via a new strategic partnership with TPS , a digital banking and payments solution provider. As climate change concerns grow, TPS and Fils have joined forces, in a move to enable businesses to embed sustainability throughout their operations.

TPS 69

TPS Card Issuer Duplicate Blockchain 69

Finextra

MAY 2, 2024

Digital payments provider Checkout.com has announced its partnership with payments giant Mastercard to provide Online Travel Agents with virtual cards.

Visa 80

Visa Digital Payments Payments 80

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

Finovate

MAY 2, 2024

Cloud banking services provider Blend raised $150 million in new funding from PE firm Haveli Investments. The investment comes in the form of convertible preferred stock with a zero percent coupon. Blend Labs is an alumni of both FinovateSpring and our developers conference FinDEVr Silicon Valley, presenting at both events in 2016. Cloud banking services provider Blend has secured an investment of $150 million from technology-focused private equity firm Haveli Investments.

Credit Union 64

Credit Union CHIPS Service Provider Agreements 64

Finextra

MAY 2, 2024

Tide has announced that it will offer business accounts in Germany, marking the beginning of the company's expansion into Europe.

Accounts 80

Accounts 80

The Fintech Times

MAY 2, 2024

The Payment Systems Regulator (PSR) is consulting on a new proposal on how it makes decisions on whether or not to grant extensions or exemptions to a specific direction or requirement. Specific directions and requirements are tools the PSR uses to require firms to implement changes which improve payments for people and businesses across the UK; such as the Confirmation of Payee name checking service, and authorised push payment (APP) fraud reimbursement measures.

Consulting 64

Consulting Compliance Payee Regulations 64

Finextra

MAY 2, 2024

Orum, the simplest API for fast, reliable payments, today announced the launch of No Code Verify, which helps businesses and institutions determine whether a bank account is open and valid before initiating payments — all without integrating an API.

Payment APIs and Integration 64

Payment APIs and Integration FedNow API Payments 64

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

The Fintech Times

MAY 2, 2024

“The UAE has witnessed a surge in investments in this [fintech] sector, despite the global investment decline in financial technology”, said Hasan Kazmi , head of digital partnerships for Visa , as the payments giant affirms the UAE’s position in the fintech world. Kazmi highlighted the Visa three-year partnership with the Dubai FinTech Summit as a way the company is supporting and advancing fintech in the region.

Online and Mobile Banking 59

Online and Mobile Banking Cross-Border Mobile Payments Non-Bank 59

Finextra

MAY 2, 2024

Join FinextraTV in conversation with Emily Corfield, EMEA Head of Financial Institution Sales at StoneX, as we explore the current landscape of cross-border payments in emerging markets such as LATAM, Africa, and Asia at NextGen Nordics 2024. Gain insights into progress made in solving real-time cross-border payment issues, navigating complexities in processing receivables and payments, and discover how emerging markets offer both challenges and opportunities for innovation and growth in the pay

Cross-Border Payments 64

Cross-Border Payments Cross-Border Payments Payment Issues 64

The Fintech Times

MAY 2, 2024

At The Fintech Times , we have discussed whether the hype around artificial intelligence (AI) is justified or not. Supporting the case that it definitely is, paytech Equals Money has published research revealing that 95 per cent of financial leaders are using, or considering using AI in their processes. When it comes to experimentation, the research found that 77 per cent 400 UK financial decision-makers are actively testing the technology.

Automation 59

Automation AI Regulatory Compliance Rules 59

Finextra

MAY 2, 2024

Icon Solutions today announces that it has developed and launched a new SIC5 scheme pack for its Icon Payments Framework (IPF) – the payments solution putting global banks in control – to accelerate support for domestic instant payments in Switzerland.

Instant Payments 64

Instant Payments Payments Payment Solutions 64

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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.

AI

Paystand

MAY 2, 2024

In today's digital era, choosing a payment solution that seamlessly integrates with NetSuite is crucial. Optimizing financial operations, streamlining processes, and integrating with essential financial workflows like NetSuite invoicing and automated cash application are top priorities in NetSuite best practices. Selecting the right payment solution plays a vital role in achieving these goals.

Best Practices 52

Best Practices Reconciliation Automation Payment Solutions 52

Finextra

MAY 2, 2024

Finxact, a Fiserv Company and leading provider of the next-gen core banking platform to the U.S. regional and super-regional banking sector, and Zafin, a leading provider of SaaS core modernization and transformation solutions for banks, are revolutionizing how financial institutions approach core transformation projects.

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59

Nanonets

MAY 2, 2024

NetSuite approval workflows and other invoice processing tasks can become more streamlined and efficient through AP automation. This article describes a NetSuite invoice approval workflow example with steps and addresses how third-party AP automation integration streamlines approving invoices for payment (and other NetSuite invoice processing workflows).

Automation 52

Automation Accounts Process Checks 52

Finextra

MAY 2, 2024

Altruist, the modern custodian built for RIAs, today announced a $169M Series E round of funding led by ICONIQ Growth with participation from new investor Granite Capital Management, and continued support from existing investors Adams Street Partners and Sound Ventures.

Participant 59

Participant Continuity 59

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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