Tue.Nov 07, 2023

article thumbnail

Myth or Reality? Unlocking Bank ID in the UK

Open Banking Excellence

Many people in the UK are opposed to a government-issued ID. In some sections of society there is still an innate aversion to the idea of government having a deeper sight of citizen transactions. This creates an opportunity for the financial services sector. Banks are in a very good position to play the role of the trusted party in an identity scheme.

article thumbnail

FIS readies finances for Worldpay separation

Payments Dive

Fidelity National Information Services took an accounting hit against its third-quarter results as it prepares to cast off its Worldpay unit early next year.

Finance 148
article thumbnail

Spotlight On: Cartes Bancaires, a New Principal Participating Organization

PCI Security Standards

Welcome Cartes Bancaires, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, Cartes Bancaires’ Executive Vice President, Projects & Expertise Division Pierre Chassigneux introduces us to his company and how they are helping to shape the future of payment security.

article thumbnail

Cross-border payment headaches burden consumers: Mastercard report

Payments Dive

As international groups examine cross-border payment challenges, consumers and small businesses are worried about the costs and risks associated with sending money or receiving funds internationally.

article thumbnail

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

article thumbnail

Bank of England and FCA release proposed regulatory regime on stablecoins

The Payments Association

The Bank of England (BoE) and the Financial Conduct Authority (FCA) have taken a significant step in addressing the rapid growth of stablecoins and related payment services in the financial sector by publishing its proposed regulatory regime.

article thumbnail

Micropayments poised to surge: Forrester

Payments Dive

In the U.S., bank-based payments need to gain steam before micropayments can truly take off, but there are increasing signs that’s on track, said Forrester analyst Lily Varón.

VARS 97

More Trending

article thumbnail

CFPB proposes new oversight for payment tech firms

Payments Dive

Google, Apple and 15 other big non-bank technology companies that provide digital wallets or payments apps would be subject to increased regulation if a new Consumer Financial Protection Bureau rule is approved.

CFPB 88
article thumbnail

Top 5 Challenges and Smart Strategies for FP&A Teams

The Finance Weekly

How to Navigate FP&A Challenges for Enhanced Financial Effectiveness? Modern businesses are struggling with challenges related to their Financial Planning and Analysis (FP&A) teams. These teams need the right data, processes, and tools to plan and analyze effectively. However, the fast-changing business world makes it hard for them to keep up.

article thumbnail

Understanding AML Compliance in the Banking Sector

Fi911

In the intricate world of banking and finance, maintaining the sanctity and security of transactions is paramount. A cornerstone of this mission is the concept of “AML,” or “Anti-Money Laundering” protocols. But, what does AML entail? Why is it non-negotiable for financial institutions across the globe, and how can you ensure that your institution is compliant with all AML procedures?

AML 52
article thumbnail

Hong Kong’s SFC Lays Out Regulatory Pathway for Tokenisation

Global Fintech & Digital Assets

A new guidance creates a regulatory framework for tokenisation of retail investment products and provision of services for tokenised financial instruments. By Simon Hawkins and Adrian Fong On 2 November 2023, the Securities and Futures Commission (SFC) issued two widely anticipated circulars on tokenisation during the 2023 Hong Kong FinTech Week. One circular provides conduct-related guidance to intermediaries engaging in tokenised securities-related activities (Activities Circular).

article thumbnail

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.

article thumbnail

Key Considerations for Bank ePayables Programs

Paymerang

Efficient management of your Accounts Payable (AP) process is essential for your business’s financial health. One approach to improving AP efficiency is through Banking ePayables Programs. In this blog, we will delve into key considerations when choosing banking ePayables programs, with a focus on the critical aspect payment fraud and it’s potential impact on your organization’s security.

article thumbnail

The future is arriving fast in the insurance industry

Stripe

Startups and innovative enterprises are revolutionizing the way insurance policies are sold. Stripe provides the financial infrastructure that makes it possible.

article thumbnail

Openpay partners with Yapily

The Paypers

Denmark-based Openpay has announced its partnership with Yapily , an Open Banking API provider, to facilitate optimised cross-border, P2P money transfers in Europe.

article thumbnail

Strengthening Cyber Defenses with Multi-Factor Authentication

VISTA InfoSec

The need for robust cyber defenses has never been more prevalent. We live in a world where remote access to data is the norm, opening up additional vulnerabilities when protecting digital assets. Additionally, organizations need to comply with data privacy requirements including understanding Digital Personal Data Protection. Mutli-Factor Authentication (MFA) isn’t a new concept.

article thumbnail

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.

article thumbnail

Mastercard partners with Worldpay and Travel Tax Free

The Paypers

Mastercard has announced its partnership with WorldPay and Spain-based firm Travel Tax Free to introduce the Mastercard Send into the latter’s management service.

Visa 45
article thumbnail

NetGuardians partners with Google Cloud

The Paypers

Switzerland-based fintech NetGuardians has incorporated its AI-based financial fraud prevention solution on the Google Cloud platform, as a SaaS offering.

article thumbnail

Earlypay acquires Timelio

The Paypers

Earlypay has announced its acquisition of the assets and loan portfolio of Australia-based fintech Timelio , aiming to optimise SMEs’ development process in the region.

article thumbnail

Moneyhub research: 1 in 5 now using Open Banking payments

The Paypers

Data and payments platform Moneyhub has revealed that one in five Brits are regularly making payments via Open Banking (21%), according to its research.

article thumbnail

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.

article thumbnail

@Pay partners with Pismo

The Paypers

Australia-based @Pay has entered a collaboration with Pismo to support its operations in the region by leveraging the latter’s cloud-native API-based platform.

API 41
article thumbnail

NatWest partners with IBM

The Paypers

UK-based bank NatWest has entered a collaboration with IBM to enhance customer experience through generative artificial intelligence (AI).

AI 45
article thumbnail

Chipper Cash strengthens partnership with Visa

The Paypers

Financial services company Chipper Cash has partnered with Visa in order to optimise financial inclusion and overall development across the African continent.

article thumbnail

Fingerprints partners with IN Groupe

The Paypers

Biometric company Fingerprint Cards AB ( Fingerprints ) has partnered with IN Groupe to collaborate on the latter’s Smart Packaging Solutions (SPS).

41
article thumbnail

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.

article thumbnail

Mangopay partners with Aria

The Paypers

Mangopay has partnered with Aria to provide B2B marketplaces and transactional SaaS companies with tools to manage their payments and credit efficiently.

B2B 41
article thumbnail

Volante Technologies raises USD 66 million in investment round

The Paypers

Cloud payments and financial messaging provider Volante Technologies has raised USD 66 million in an investment round led by Sixth Street Growth.

article thumbnail

Funds & Electronic Transfer Solutions and UPI to launch virtual cards in Nigeria

The Paypers

Nigeria-based Funds & Electronic Transfer Solutions (Fets) has partnered with UnionPay International to issue virtual cards through the Fets app in Nigeria.

36
article thumbnail

Plaid creates a new entity for better lending with cash flow data

The Paypers

Plaid has created a new entity that will build solutions for customers who want ready-made credit risk insights from consumer-permissioned cash flow data.

article thumbnail

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.

article thumbnail

PayPal collaborates with commercetools to improve payment options

The Paypers

US-based financial technology company PayPal has partnered with Germany-based digital commerce company commercetools improve payment options.

PayPal 36
article thumbnail

FinXP and Mastercard unveil FinXP PLUS cross-border payment solution

The Paypers

European payments and banking solutions provider FinXP has revealed a strategic collaboration with Mastercard to introduce FinXP PLUS.

article thumbnail

Denmark shifts to MitID as legacy digital ID becomes inactive

The Paypers

Denmark has rendered its national digital ID system NemID inactive as it switches to a more secure system developed by Nets , MitID.

article thumbnail

Rabobank moves forward with the privatisation of Datakeeper

The Paypers

Netherlands-based banking and financial services company Rabobank has privatised the Datakeeper ID wallet solution.

36
article thumbnail

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.