Why ‘pay-by-bank’ faces adoption hurdles in US retail
Payments Dive
FEBRUARY 5, 2024
Pay-by-bank has been catching on only slowly, and it’s a particularly long shot for showing up at the point-of-sale anytime soon.
Payments Dive
FEBRUARY 5, 2024
Pay-by-bank has been catching on only slowly, and it’s a particularly long shot for showing up at the point-of-sale anytime soon.
The Fintech Times
FEBRUARY 5, 2024
The adoption of digital payments is rapidly developing markets to the point that the value of B2B payments are set to grow by 40 per cent by 2028, from $89trillion in 2024 according to research from Juniper Research , the market research firm. The new market research suite by Juniper Research offers a comprehensive assessment of the B2B payments market.
Payments Dive
FEBRUARY 5, 2024
There are three areas where embedded finance is a good fit, and they are characterized by high volume and frequent payments, writes one industry executive.
The Fintech Times
FEBRUARY 5, 2024
Most of the fintech industry is made up of startups and SMEs, while most traditional banks have amassed a global reach, and are drastically bigger in practically every respect. Despite this, both parties stand to gain a lot when it comes to partnering with one another. To better understand the role collaboration plays in driving innovation within fintech and banking, we hear from Jackie Toole , vice president of financial services at NTT DATA Services , who offers her expertise on the topic.
Speaker: Becky Parisotto and John Vurdelja
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
Finovate
FEBRUARY 5, 2024
Authentication platform Privakey has launched its Single Sign-On (SSO) solution, Privakey SSO. The new offering enables enterprises to leverage passwordless authentication and authorization. Headquartered in Philadelphia, Pennsylvania, Privakey made its Finovate debut at FinovateFall 2017 in New York. Passwordless authentication solution provider Privakey launched its Single Sign-On (SSO) solution last week.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Fintech Finance
FEBRUARY 5, 2024
Ant International , a digital payment and financial services leader dedicated to building an inclusive and sustainable global commerce ecosystem, is expanding its existing partnership with Yapily , the leading European open banking platform to introduce Europe’s first-ever commercial variable recurring payments (VRPs) for e-commerce via Open Banking on mobile payment platforms.
Payments Dive
FEBRUARY 5, 2024
The company’s customers may experience a drop in quality thanks to EU regulation slated to take effect next month, said Tim Cook, chief executive of the tech giant.
Finextra
FEBRUARY 5, 2024
HSBC UK has introduced its first standalone ‘Cash Pod’, which will provide improved access to cash in the Crown Glass Shopping Centre in Nailsea, North Somerset, in advance of the closure of the last bank in town.
Fintech News
FEBRUARY 5, 2024
Singapore’s sovereign wealth fund Temasek has offloaded its entire holdings in PB Fintech, the parent company behind insurance broker PolicyBazaar and consumer credit marketplace PaisaBazaar, according to Mint. This transaction, completed through a block sale, is valued at approximately INR 2,425.4 crore (approximately US$ 292.1 million). Temasek executed the sale via its investment vehicle, Claymore Investments (Mauritius), divesting 24 million shares at a rate of INR 992.8 per share, as per th
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
Stax
FEBRUARY 5, 2024
Every transaction has a cost. Without strategies in place, disbursements can chip away at your hard-earned bottom line. This is how surcharges have become a staple solution, and they’ve helped businesses stay afloat in the sea of overheads. That’s why understanding surcharging—including its definitions, types, calculating methods, and best practices—can help you incorporate surcharging into your operations.
Fintech News
FEBRUARY 5, 2024
Global payments platform Nium has obtained in-principle approval from the Reserve Bank of India (RBI) for two critical payment licenses, enabling the firm to broaden its range of financial products in India. Having secured the Prepaid Payment Instrument (PPI), Nium will be able to issue prepaid cards within India, catering to various consumer and business needs, such as employee expenditures and domestic wallets.
Finextra
FEBRUARY 5, 2024
Nium, the leader in real-time global payments, proudly announces it has received in principle approval from the Reserve Bank of India for two prestigious payment licences – the Prepaid Payment Instrument (PPI) Licence and the Payment Aggregator (PA) Licence.
The Paypers
FEBRUARY 5, 2024
Crypto lender Celsius has announced it will distribute USD 3 billion in crypto to its creditor as the company’s bankruptcy is officially closed.
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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?
Fintech News
FEBRUARY 5, 2024
Airwallex, a global payments and financial platform, has formed a multi-year collaboration with the McLaren Formula 1 team. This partnership designates Airwallex as an Official Partner, where it will bolster McLaren’s financial activities worldwide through its treasury management as well as cross-border pay-outs and settlement product suite. The collaboration will see McLaren utilising Airwallex’s services to improve its supply chain payments across the Formula 1 Grands Prix circuit.
Finextra
FEBRUARY 5, 2024
In anticipation of upcoming banking regulations, such as the EU's 2025 deadline, Sumant Kumar, CTO, Banking and Financial Markets, NTT DATA UK&I, provides insights into the impact of artificial intelligence on operational resilience for the year ahead. As a part of our Predict 2024 series, we explore how banks can deploy predictive AI to enhance operational efficiency, alongside the modernisation of infrastructure through converting legacy code with generative AI.
Fintech News
FEBRUARY 5, 2024
Beleaguered Indonesian peer-to-peer (P2P) lender Investree has reportedly secured a critical US$7 million rescue package from its existing investor SBI Holdings, according to DealStreetAsia. Investree has earmarked US$4.5 million of this package for employee salaries, which encompasses owed salaries, benefits, taxes, payables, and other related expenses.
Bank Automation
FEBRUARY 5, 2024
Bryce Elliott, former chief information officer of wholesale and enterprise functions at Truist Financial, is no longer working at the Charlotte, N.C.-based bank.
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
Finextra
FEBRUARY 5, 2024
Australian payments infrastructure provider Fat Zebra has acquired local open banking technology platform Adatree. Financial terms were not revealed.
Bank Automation
FEBRUARY 5, 2024
Major U.S. banks released fourth-quarter earnings over the past month showcasing that they looked to reduce costs – but not necessarily on tech spend as digital banking usership increased. JPMorgan saw its tech, communication and equipment expense spend jump 7% year over year to $2.4 billion.
Fintech News
FEBRUARY 5, 2024
Despite a global downturn in fintech investments, Singapore’s fintech sector has experienced a significant surge in funding for artificial intelligence (AI) technologies. According to the KPMG Pulse of Fintech H2’23 report , AI fintech funding in Singapore soared to US$333.13 million in the second half of 2023. This represents a 77 percent increase from the US$148.08 million recorded in the first half, culminating in a total investment of US$481.21 million across 24 deals for the year.
Finextra
FEBRUARY 5, 2024
Tata Consultancy Services (TCS) has emerged as a leading contender to take over the running of the UK's Faster Payments Service, according to Sky News.
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.
NACHA
FEBRUARY 5, 2024
Nacha Celebrates Sixth Consecutive Year as a Best Place to Work in Virginia droth@nacha.
Finextra
FEBRUARY 5, 2024
In the retail industry, B2B usually takes a backseat to consumer-focused strategies, and the corpora.
The Fintech Times
FEBRUARY 5, 2024
Airwallex , the global payments and financial platform, has entered a multi-year partnership with the McLaren Formula 1 team, which will see it support McLaren’s global financial operations through its treasury management and cross-border pay-outs and settlement product suite. McLaren plans to leverage the Airwallex product suite to optimise its supply chain payments for all Grands Prix.
Nomentia
FEBRUARY 5, 2024
How to improve payment security for treasury & finance teams Most larger companies process hundreds, if not thousands, of outgoing payments every day. These payments are crucial for the business and must be handled accurately and punctually. Yet, as the number of payments increases, their management can become challenging, particularly when dealing with tens or even hundreds of bank accounts.
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.
The Fintech Times
FEBRUARY 5, 2024
Women have every bit as much potential as their male colleagues, and yet fewer find themselves in positions of leadership. Ahead of this year’s International Women’s Day, financial technology recruitment firm Harrington Starr looks to address this issue head-on, by holding an event on Tuesday 5 March. In partnership with online trading provider IG Group , Harrington Starr will hold the International Women’s Day fintech event at Vintners’ Hall in London.
Fintech Finance
FEBRUARY 5, 2024
Today, Mastercard and Last Mile Solutions announced a new partnership to establish new payment standards for the Electric Vehicle (EV) charging industry, that will enhance the user payment experience at charging stations. The new solution will enable CPOs to integrate their (existing) charging stations with a variety of payment terminal brands seamlessly, without the need for extensive integration efforts.
The Fintech Times
FEBRUARY 5, 2024
Following a tough economic year, many institutions are looking to train their employees and have a better understanding of their financial plans. Looking to provide a simple and accessible solution, PlanHappy , the financial advice and planning platform, has officially launched to market. Along with full back-office tools and functionality, PlanHappy will provide access to training and development, and one-to-one coaching.
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