Tue.Nov 26, 2024

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NatWest launches advent calendar to warn Brits about scams

Finextra

As fraudsters gear up to take advantage of the Christmas period, NatWest has launched an advent calendar designed to educate Brits on the threat of common purchase scams.

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Toqio enters logistics industry via partnership with DSA

The Payments Association

Toqio, a leading technology platform for B2B embedded finance for businesses, has signed an agreement with the global e-commerce company DSA. The partnership with the UK and Hong Kong-based company marks Toqio’s first foray into the growing logistics market, with the company having already established itself as a leading partner to corporate firms in the hospitality and pharmaceutical sectors, among others.

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Tranglo expands across Africa

Finextra

Tranglo, a leading cross-border payment hub, has expanded its footprint in Africa, now supporting payouts in Ethiopia, Kenya, Liberia, Madagascar, Mali, Senegal, and Zambia.

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Mollie and PayPal Join Forces to Enhance Marketplace Payments in Europe

Fintech Finance

Mollie , one of Europe’s fastest-growing financial service providers has announced a strategic partnership with PayPal , which will deliver best-in-class payment solutions for marketplace platforms across Europe. This partnership marks a significant milestone as PayPal remains one of the preferred payment options for Mollie’s customers, offering seamless payment flows, improved shopping experiences and business growth for marketplaces.

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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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Merchant Risk Council Webinar: The Payments Ecosystem Beyond 2025

Basis Theory

The Merchant Risk Council hosted a webinar that Basis Theory CEO Colin Luce presented at. We recap what Colin calls payments 3.0 for merchants.

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AFS and PayTic Forge Strategic Partnership to Enhance Card Program Management

Fintech Finance

Arab Financial Services (AFS) , the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, announced a strategic partnership with PayTic , a Software-as-a-Service company specializing in end-to-end automation of process-heavy card program operations. Their modules include chargeback management, scheme and custom data reconciliation, scheme fee optimization, and regulatory reporting, all working in tandem to streamline operations for greater efficiency and

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Thomson Medical Taps Adyen to Enhance Patient Experiences and Strengthen Customer Trust

Fintech Finance

Adyen , the global financial platform of choice for leading companies, today announced its partnership with Thomson Medical (SGX: A50), one of the largest private providers of healthcare services for women, children and families in Singapore. This partnership will see Thomson Medical leveraging Adyen’s integrated payments technology to enhance patient experiences and streamline operational processes across its hospital and a network of 37 specialist medical clinics, facilities, and services isla

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SMU and DBS Offer New Course to Equip Leaders for Sustainable Finance Challenges

Fintech News

Singapore Management University ( SMU ) and DBS have partnered to launch the “Sustainable Finance in Action” course. This new programme designed to equip senior executives with the knowledge and skills needed to navigate the complexities of sustainable finance. The four-day intensive course, running from 25-28 November 2024, will cover key areas such as green, transition, blended, and biodiversity financing, utilising a combination of academic and applied learning methods.

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Geidea Leads the FinTech Revolution in the Region, Starting With a Network of Thousands of Merchants and Preparing for the SoftPos Launch in Egypt

Fintech Finance

Geidea , a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos service in Egypt, following a successful two-year rollout in Saudi Arabia and later in the UAE. This expansion marks a significant milestone in Geidea’s strategy to drive digital transformation in the region, offering merchants and consumers an advanced, secure, and seamless payment experience.

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interface.ai: Fighting Deepfakes, Training Bots, and Raising Capital

Finovate

Agentic AI solutions provider for community banks and credit unions, interface.ai , has introduced a pair of new tools to help fight deepfake fraud. The company has launched two flagship products — device biometric authentication and Generative AI (GenAI) bot training — designed to help financial institutions defend themselves and their customers from fraud and unauthorized access. interface.ai’s device biometrics solution uses device-based fingerprint and facial recognition te

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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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HSBC Launches New Smart Transact Solution to Support Businesses With International Growth Ambitions

Fintech Finance

HSBC has launched Smart Transact, an innovative and adaptable one-stop payments management solution, designed to equip ambitious businesses with the capabilities they require for international growth. Businesses can manage their transactions through a simplified, streamlined and flexible payments service delivered through a single platform, and access a comprehensive suite of HSBC services which provide the core capabilities they require to grow internationally – a current account, domestic and

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e& Enterprise and Cloudera Combine Expertise to Drive Business Growth in the Middle East

The Fintech Times

e& Enterprise , the digital services provider in the Middle East, is joining forces with Cloudera , the hybrid platform for data, analytics, and AI, in a move to accelerate digital transformation using advanced AI and data management capabilities to foster innovation and drive business growth across the region. Through the new agreement, Cloudera and e& Enterprise plan to address the specific needs of Middle Eastern industries and the deployment of industry-specific AI-powered solutions

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Biosmart Granted Mastercard Letter of Approval for IDEX Pay Biometric Cards

Fintech Finance

Global smart card technology company Biosmart has obtained the Letter of Approval (LoA) from Mastercard for its biometric payment card built on the IDEX Pay platform. Biosmart can now move to industrialized production of biometric payment cards. Biosmart is a Korea based manufacturer with an annual production capacity of 50+ million payment cards. Biosmart is a trusted partner of leading banks in Asia, Middle East, Europe and USA.

Visa 89
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Tranglo Expands Payout Network to 8 Countries Across Africa, Bridging Gaps in Financial Access

The Fintech Times

Cross-border payment hub, Tranglo , has expanded its footprint in Africa, now supporting payouts in Ethiopia, Kenya, Liberia, Madagascar, Mali, Senegal, and Zambia as it continues to aim to boost financial inclusion by providing efficient, affordable cross-border payment solutions to the region. By expanding its payout network to these eight countries in Africa, Tranglo aims to bridge the gap in financial access, especially in areas with limited traditional banking infrastructure.

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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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As Authorised Fraud Complaints Increase, RSM UK Says Prevention Is Key to Tackling Fraud This Black Friday

Fintech Finance

As Black Friday approaches, RSM UK is urging financial services providers and social media platforms to gear up for a spike in fraudulent transactions, and to protect consumers from fraudsters. Data obtained by the leading audit, tax and consulting firm under a Freedom of Information Request* shows complaints to the Financial Ombudsman Service (FOS) regarding authorised push-payment fraud (or APP fraud) have increased almost a quarter (23%) so far this year, and this percentage is likely to rise

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Trust Bank Opens Waitlist for Upcoming Investment Offering

Fintech News

Trust Bank is gearing up to launch a new investment product called TrustInvest. Customers can now sign up for the waitlist through the Trust App, and the bank will gradually invite users to try it out in the coming weeks. The full public launch of TrustInvest is planned for 2025. TrustInvest is designed to make investing easier and more accessible for everyone.

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IFX Payments Appoints Adam Dowling as Chief Operating Officer

Fintech Finance

Today IFX Payments , a leading provider of foreign exchange, payment and financial technology services, announces the appointment of Adam Dowling as Chief Operating Officer (COO). The appointment is a result of IFX Payments’ territorial and departmental expansion as the company grows to over 200 employees, and compliments other recent C-suite hires.

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NextGen: AI: How the intelligence revolution is driving what AI can do for banking

Finextra

At NextGen: AI 2024 taking place for the first time in London, Dr Joe Lyske, co-founder and managing partner of Time Machine Capital², presented the keynote, ‘What can we do with AI?

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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.

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Tranglo Expands Services Across Africa

Fintech Finance

Tranglo, a leading cross-border payment hub, has expanded its footprint in Africa, now supporting payouts in Ethiopia, Kenya, Liberia, Madagascar, Mali, Senegal, and Zambia. This strategic expansion aims to boost financial inclusion by providing efficient, affordable cross-border payment solutions to one of the world’s fastest-growing economic regions.

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Signicat Taps AsiaVerify to Strengthen its Identity Verification in APAC

Fintech News

Signicat, a European provider of digital identity and fraud prevention solutions, has announced a partnership with AsiaVerify , its first APAC-specific data provider. This collaboration aims to improve Signicat’s ability to verify identities, assisting companies conducting business across borders and navigating regulations within APAC. AsiaVerify joins Signicat’s growing network of trusted data providers, offering real-time access to official data sources in key APAC markets, such as

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GCash Enables Seamless Linkage of Overseas Filipino Remittances With UK and EU Bank Cash In

Fintech Finance

GCash , the Philippines’ leading finance super app and largest cashless ecosystem, further expands its presence overseas, particularly in the United Kingdom and Europe, through the new UK/EU Bank Cash In feature, revolutionizing remittance for around two million Filipinos in Europe. Starting in November, overseas Filipinos in the UK and Europe will be able to seamlessly link their international bank accounts to GCash, making it easier and more convenient to send remittances to the Philippi

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MPs launch excoriating attack on the FCA

Finextra

An All Party Parliamentary Group (APGG) of UK MPs have branded the FCA as 'incompetent at best, dishonest at worst', in a hard-hitting report that calls for wholesale reforms at the financial watchdog.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Buy Noel, Pay Later: Use Peaking but 12 Million Brits Still Set to Use BNPL This Christmas

Fintech Finance

With the festive shopping season upon us, new research 1 from credit reference agency Equifax UK reveals the number of Brits using Buy Now, Pay Later (BNPL) could have peaked, but average spend continues to grow and will be key for many this Christmas. Four in ten (38%) consumers now indicate they have made use of BNPL, down from almost half (48%) when asked last year 2.

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Binance on the Hunt for Top Compliance and Investigation Talent to Match Industry Growth

The Fintech Times

With over 240 million customers across the globe, global blockchain ecosystem and cryptocurrency exchange, Binance is seeking top compliance and investigation talent to ensure it can keep pace with the industry and company’s rapid maturation and growth. “We are actively hiring for top compliance talent to strengthen our already industry-leading compliance program and team to match the demands of our rapidly maturing sector while global crypto adoption also grows rapidly,” said Noah

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Aevi and LEGI.ONE Partner to Make Advanced Payments Accessible to SMEs

Fintech Finance

Aevi , leading provider of in-person payment orchestration, has announced a new partnership with LEGI.ONE LTD., an innovative company focused on delivering payment services and business solutions. The initial project will introduce solutions for cashless transactions via payment terminals. In the future, both companies plan to expand into the e-commerce sector, enabling businesses to manage transactions across both in-store and online channels seamlessly.

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Wealthtech Holds the Key to Making Investment Landscape More Accessible, But How?

The Fintech Times

Financial advice can be a sensitive topic – those giving it don’t want to mislead customers, while customers are wary about the level of trust they can place in their advisers. Nonetheless, done correctly, investing can be a very beneficial way for someone to use their funds. This November we are exploring all the aspects of wealthtech and how the industry has developed this year.

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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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FCA fines Macquarie Bank for fictitious trades

Finextra

The FCA has fined the London branch of Macquarie Bank £13 million for "serious failings" that allowed one of its employees to record over 400 fictitious trades.

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American Fintech Council Urges FDIC to Withdraw Proposed Rule on Brokered Deposits

The Fintech Times

The American Fintech Council , the industry association representing fintechs and banks, is urging the Federal Deposit Insurance Corporation (FDIC) to withdraw its proposed rulemaking on brokered deposits. According to the American Fintech Council (AFC), the FDIC’s proposed brokered deposits rule raises significant concerns due to its departure from recently established regulations and its likelihood to harm consumers, stifle competition, and undermine financial innovation.

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No-code payment orchestrator Norbr raise €3 million

Finextra

Norbr, an Amsterdam-based Payment Infrastructure as a Service (IaaS) provider, has raised €3 million in funding, led by Alstin Capital as the lead investor, with participation from existing backer, Portfolion.

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Northdoor: Cybercriminals Increasingly Using Penetration Testing to Identify Firm’s Vulnerabilities

The Fintech Times

Cybercriminals are increasingly turning to freelance penetration testers to improve the effectiveness of ransomware attacks and to find new avenues for intrusion, according to new research from IT consultancy firm Northdoor. Many organisations turn to third-party IT consultants for penetration testing to identify vulnerabilities within their own systems.

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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.