Finextra

APRIL 10, 2024

The Clearing House's Chips private-sector high-value clearing and settlement system has migrated to the ISO 20022 messaging format.

ISO 20022 143

ISO 20022 ISOs CHIPS Settlement 143

Bank Automation

APRIL 10, 2024

The shakeup at Truist Financial continues. Truist Financial Chief Information Officer Scott Case has left the Charlotte, N.C.-based bank, a source close to the matter told Bank Automation News. Case took on the role of CIO at Truist in December 2019, according to his LinkedIn profile. He joined Truist through the SunTrust–BB&T merger.

Automation 122

Automation Continuity 122

Finextra

APRIL 10, 2024

Financial services firms have been hit with $12bn in losses over the last two decades as a result of cyber attacks, according to a recently published report from the International Monetary Fund (IMF).

127

127

The Fintech Times

APRIL 10, 2024

Research from CB Insights , the business analytics platform, has revealed that global fintech funding in Q1’24 shows worrying trends for the rest of the year. Nonetheless, the industry has shown resilience and many still believe this to be the comeback year for fintech following 2023’s decline – we want to find out why. The research published indicates that since 2021, fintech funding has dropped considerably.

FinTech 116

FinTech Consulting Due Diligence AI 116

Speaker: Becky Parisotto

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

Product

Finextra

APRIL 10, 2024

British-based fintech Revolut has set its sights on Mexico after securing a banking license in the country.

Security 126

Security FinTech 126

Finextra

APRIL 10, 2024

UK high street bank Lloyds Bank is reducing the size of its risk management department because it is seen as a “blocker” to the bank’s “strategic transformation”.

Risk 122

Risk Risk Management 122

Fintech News

APRIL 10, 2024

The Bank for International Settlements (BIS) has released a report, “Stablecoins: Regulatory Responses to Their Promise of Stability,” analysing the regulatory environments for stablecoins across seven distinct jurisdictions. Authored by Juan Carlos Crisanto , Johannes Ehrentraud , and Denise Garcia Ocampo , this report underscores the increasing prominence of stablecoins in the financial landscape, pointing out their potential to mirror the value of fiat currencies.

Stablecoins 109

Stablecoins Regulations Risk Mitigation Digital Currency 109

Finextra

APRIL 10, 2024

Over the past few years, Generative Artificial Intelligence, or GenAI, has started to play a major r.

Use Case 117

Use Case FinTech 117

The Fintech Times

APRIL 10, 2024

PXP Financial , the global acquiring, payment, fraud, and data analysis service provider, has received accreditation from Mastercard to become a Token Service Provider. Accreditation was supported by the Mastercard Digital Enablement Service (MDES), a single integrated platform enabling the digitation of supported Mastercard card types. MDES provides PXP Financial with a Secure Card on File tokenisation programme, a better user experience and higher approval rates for merchants leveraging Master

Visa 105

Visa PCI DSS Accreditation Identity Theft 105

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

APRIL 10, 2024

Joe Garner’s Future of Payment review published in 2023 on behalf of the UK Government reflected the.

Payments 114

Payments Governance Government 114

Fi911

APRIL 10, 2024

In the world of banking and online transactions, understanding the nuances between “hard” and “soft” declines can significantly impact how merchants manage their payment processes. This distinction is not just a matter of semantics. It represents different issues within the transaction process that merchants, supported by their banks, need to navigate carefully.

Disputes 98

Disputes Alternative Payment Methods Fraud Detection Transactions 98

FloQast

APRIL 10, 2024

July 21, 2021 was the last time I did something like this, so bear with me. A lot has changed in the 900+ days since we announced something like this , but our mission hasn’t. We’re still here to forever elevate accounting. And we do it by calling upon the experiences of the former accountants among us, the professionals who’ve learned the industry inside and out during their time with the company, and, perhaps most importantly: Actual FloQast users who teach us something new every day.

Participant 97

Participant Continuity Product Accounts 97

Fintech News

APRIL 10, 2024

Canadian payments firm Nuvei Corporation has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This allows Nuvei’s Singapore subsidiary, Nuvei Singapore Pte Ltd, to extend its financial services within the region, offering domestic and cross-border money transfers as well as merchant acquisition services.

Cross-Border 94

Cross-Border Security APACS Alternative Payment Methods 94

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Payments Dive

APRIL 10, 2024

The bulk of that compensation stems from a major stock grant handed to Alex Chriss when he took the digital payments company’s top post last year.

Digital Payments 88

Digital Payments Posting Payments 88

Fintech News

APRIL 10, 2024

Singapore’s sovereign wealth fund Temasek has inaugurated its new office in Paris, marking a significant step in its European expansion strategy. This new Parisian base is part of Temasek’s broader objective to enhance its global network and leverage opportunities across the European Union as well as the Europe, Middle East, and Africa (EMEA) region.

Economy 91

Economy Finance Innovation Accounts 91

National Processing

APRIL 10, 2024

Don’t worry if your business is considered higher risk than other types of businesses. There are now secure and reliable payment solutions for high-risk merchants. That hasn’t always been the case. Sadly, many providers of payment gateways for high-risk merchants are using underhanded tactics that hurt business owners. If you get nothing else from […] The post Solutions for High-Risk Merchants appeared first on National Processing.

Risk 88

Risk Payment Gateways Gateways Payment Solutions 88

Fintech News

APRIL 10, 2024

Entrust, known for its trusted payment and data security solutions, has finalised its acquisition of identity verification company Onfido. This announcement comes just two months after the negotiations came to light where TechCrunch reported that the deal could be worth “well above US$400 million” although this was not confirmed. This merger brings together Entrust’s security solutions with Onfido’s advanced identity verification technology, aiming to address the growing threats of i

Verification 90

Verification Data Breach Encryption Cybersecurity 90

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

Basis Theory

APRIL 10, 2024

The subscription model - paying for the use of a product or service on a regular basis, rather than purchasing an item outright - has been around for hundreds of years. Over the last decade, the subscription economy has come to dominate the digital space especially, with even stalwarts like Adobe, Microsoft, and Oracle coming to see the benefit of taking a small fee regularly over time versus getting paid more all at once.

Economy 88

Economy Product Payments 88

Bank Automation

APRIL 10, 2024

European banks are preparing their tech stacks to comply with Instant Payment Regulation, which were set in motion on April 8. The European Parliament and European Council, which provide the foundation for the single euro payments area (SEPA), published the Instant Payment Regulation March 14.

Regulations 78

Regulations Instant Payments Payments 78

Finextra

APRIL 10, 2024

The global insurance industry is turning its attention to the risks posed by cryptocurrencies and digital assets, judging by recent product announcements.

Cryptocurrency 69

Cryptocurrency Risk Product 69

Bank Automation

APRIL 10, 2024

Digital analytics platform Quantum Metric used Google Cloud’s Gemini Pro to launch its generative AI-powered session summarization tool Felix AI on April 4.

AI 75

AI Transactions Technology 75

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

APRIL 10, 2024

Dutch-based digital bank bunq has secured $31 million (€29 million) in new funding. The funding announcement came after the company reported a profit of $57 million (€53 million) for 2023. bunq added that it will re-submit its application for a banking license in the U.S. as part of its expansion plans. European digital bank bunq has raised $31 million (€29 million) in new funding.

Office of the Comptroller of the Currency 69

Office of the Comptroller of the Currency OCC FDIC AI 69

The Fintech Times

APRIL 10, 2024

While digital banks continue to sit at the forefront of innovation and agility in the banking world, traditional banks continue to dominate regarding the number of customers they serve. However, a shift away from legacy banks may be well underway, according to a new study by App Radar and SplitMetrics. In a new study of Google Play Store downloads, App Radar has revealed that digital banking apps have made the biggest user gains in 2023.

Continuity 69

Continuity Acquirers Finance FinTech 69

Payments Dive

APRIL 10, 2024

The proposed Capital One-Discover merger made the list because of fintech issues that are at stake in the $35.3 billion deal.

FinTech 60

FinTech 60

The Fintech Times

APRIL 10, 2024

FinTech Scotland , the industry body boosting the fintech economy in Scotland, is sending a delegation of Scottish fintech firms to New York, in collaboration with the UK Department for Business and Trade (DBT). Led by Nicola Anderson , CEO of FinTech Scotland, the organisation will be joined by representatives from Terrapin , Tindeco , GrandBequest , as well as Broker Insights , to participate in New York Tartan Week and New York FinTech Week, representing the dynamic Scottish fintech sector on

Innovation 64

Innovation FinTech Cross-Border Participant 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

Finextra

APRIL 10, 2024

The changes in the e-commerce and digital transactions sphere have been evident for quite some time.

FinTech 59

FinTech Transactions Payments 59

The Fintech Times

APRIL 10, 2024

Kueski , the buy now, pay later (BNPL) and online consumer lender in Latin America, has launched an in-store version of Kueski Pay, which will become available to all consumers by the end of Q2 of 2024, to offer them the ability to complete transactions through the Kueski mobile app, regardless of internet connection, in physical stores. Kueski explained that the launch could have a significant impact in Mexico , as many locals remain unable to access banking services or a reliable internet conn

Underserved 64

Underserved Mobile Payments BNPL Online and Mobile Banking 64

Finextra

APRIL 10, 2024

In a partnership talk, Asia’s fastest unicorn Zyber 365, a company involved in decentralized blockchain technologies, recently joined forces with CashKaro, India's leading cashback platform.

Blockchain 59

Blockchain FinTech Payments Technology 59