Thu.Feb 08, 2024

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How Open Banking May Affect The Financial Sector

The Payments Association

Open banking unlocks customer data, driving competition and innovation while reshaping the financial landscape for a more inclusive future. Open banking, a.

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Fintech Week London

Open Banking Excellence

10th - 14th June 2024 Live Event Linkedin Twitter Youtube Fintech Week London Fintech Week London is where traditional financial institutions come together with new fintechs in one of the world’s leading financial districts, London. From high-street banks to challengers, technology giants to disruptors, this five-day event is your opportunity to understand the global themes of fintech.

FinTech 130
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Here are the fintech startups that could go public in 2024

TechCrunch Fintech

Could 2024 be the year for fintech IPOs? Quite possibly, according to F-Prime Capital’s State of Fintech 2024 report. F-Prime — a VC firm with over $4.5 billion in assets under management that tracks the performance of emerging, publicly traded and privately held financial technology companies — naturally remains bullish on the fintech space, noting that: […] © 2024 TechCrunch.

FinTech 119
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Payment Operations: Finding Efficiencies and Cost Savings

Basis Theory

As businesses grow, the complexities of keeping up with the money that flows in and out of their accounts start to pile up. The solution is to optimize payment operations - the processes that regulate the flow of funds, and provide the standard operating procedures that maximize inflows - and minimize outflows - all day, every day.

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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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MEPs nod through ten second instant transfer rules

Finextra

The European Parliament has adopted new rules to ensure transferred funds arrive within ten seconds into the bank accounts of retail customers and businesses across the EU.

Rules 108
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Footwear Order Management 101: DTC Retail Guide

DeckCommerce

Evolving consumer expectations and shopping behaviors have forced many footwear brands to pivot towards direct-to-consumer (DTC) strategies, with brands like Nike, Adidas, and Under Armour leading the way.

More Trending

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PayPal cost-cutting likely to persist

Payments Dive

The digital payments pioneer’s expense reductions may take years to benefit the company’s bottom line as management resets the business strategy.

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Are APAC Businesses Ready? Assessing Digital Preparedness in Finance

Fintech News

In an era marked by rapid technological evolution, the finance function within businesses stands at the forefront of digital transformation in the Asia Pacific (APAC). This shift is not merely about adopting new technologies; it’s about reimagining the role of finance in driving future business success. As we delve into the critical role of digital transformation in finance, we draw on comprehensive research of HSBC’s study conducted by Toluna, which surveyed C-suite or business dec

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Revolut says Meta platforms are a 'hotbed' for scams

Finextra

In tune with bank findings, Revolut scam data for 2023 reveals that the majority of all its reported crime cases in the UK started on Meta platforms.

Scams 98
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Temenos Registers High Net Promoter Score, Signifying Strong Customer Approval

Fintech News

Banking software company Temenos revealed it has secured a Net Promoter Score (NPS) of +54. The NPS is a widely recognised metric used to gauge the likelihood of customers recommending a company’s services to others where any score above 50 percent is considered “excellent” This score, determined through a survey involving more than 900 of its customer contacts, underscores Temenos’ position as a trusted provider of banking platforms and its leadership within the sector.

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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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Check fraud to reach $24B in 2024

Bank Automation

Industrywide, financial institutions are seeing an uptick in synthetic identities, scam activity and check fraud even as digital channel adoption grows. In fact, check fraud is expected to reach $24 billion in 2024, according to a Jan. 3 newsletter from Frank McKenna, chief strategist for AI-driven fraud detection platform Point Predictive.

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Global Funding Trends Indicate a Rebalanced Fintech Sector in 2024?

Fintech News

The year 2023 marked a pivotal moment for the fintech industry, with the prevailing global funding trends encapsulating a period of introspection and recalibration amidst a backdrop of economic fluctuations, including notable bank failures and precipitous cryptocurrency downturns. This era, while challenging, underscored the sector’s resilience and its capacity for innovation, navigating through valuation reassessments and the ebb and flow of “mega” deals to continue its trajec

FinTech 108
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Pioneering a new era in e-commerce and payment processing

Finextra

The payments evolution can be traced back to the early 90’s with the online sale of a Sting CD, the.

Process 105
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XTransfer and Deutsche Bank Collaborate on Groundbreaking Onshore Thai Baht Trade in Thailand

Fintech Finance

XTransfer , World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is thrilled to announce a major milestone in its partnership with Deutsche Bank. In a groundbreaking move, Deutsche Bank has successfully executed XTransfer’s first onshore Thai Baht (THB) trade in Thailand, leveraging the latest version of the Bank of Thailand’s Non-Resident Qualified Company (NRQC) rules.

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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.

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P2P leader PayPal to redesign mobile app

Bank Automation

PayPal will invest in a new app to launch in 2024 alongside a new strategy to drive engagement with better consumer experiences like AI-driven shopping. “Redesigning our app and creating improved, frictionless onboarding paths are tangible ways that we plan to drive higher penetration,” Chief Executive Alex Chriss said during PayPal’s fourth-quarter earnings call.

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CFPB open banking proposal will be crucial

Payments Dive

The agency’s open banking proposal is a step in the right direction, but details of the policy will shape how the market develops, a regulatory adviser writes in this op-ed.

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FSB says FCA's access to cash proposals lack ambition

Finextra

The Federation of Small Businesses has criticised proposals by the Financial Conduct Authority to broaden access to cash as unambitious.

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ADGM and Solana Foundation Forge Strategic Partnership to Advance Blockchain Innovation

The Fintech Times

Abu Dhabi Global Market (ADGM), the international financial centre, has teamed up with Solana Foundation, to enhance distributed ledger technology (DLT) solutions and advance blockchain innovation. The partnership between ADGM and the Solana Foundation is a step towards advancing ADGM’s goal of becoming a leading centre for technology-driven financial services.

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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.

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Santander files complaint over Nationwide branch jibe advert - Sky

Finextra

Santander has filed a complaint with the Advertising Standards Authority (ASA) over a recent Nationwide Building Society ad satirising bank bosses' attitudes to branch closures, according to Sky News.

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Hashgraph Association Partners with Saudi Ministry to Launch $250million DeepTech Venture Studio

The Fintech Times

The Hashgraph Association (THA) has forged a strategic partnership with the Ministry of Investment of Saudi Arabia (MISA) to launch a ‘DeepTech Venture Studio’ in Riyadh, worth $250million over five years. This initiative aims to foster innovation in Saudi Arabia by supporting local and international companies in developing solutions using cutting-edge technologies.

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FinMont adds ConnexPay payments tech to travel orchestration platform

Finextra

Global payment orchestration platform FinMont has announced a new partnership with leading B2B payments platform ConnexPay. Through this new alliance, FinMont is adding ConnexPay’s innovative all-in-one payments solution to their travel orchestration platform.

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SEON Makes Solution More Accessible Joining AWS ISV Accelerate Programme

The Fintech Times

SEON , the online fraud prevention firm, has joined the Amazon Web Services (AWS) ‘Independent Software Vendor (ISV) Accelerate Programme’, making its service more accessible so firms can prevent themselves from falling victim to cybercrimes. The initiative will make SEON’s end-to-end solution easier to buy and find on the AWS Marketplace, and ensure smoother integrations for AWS users.

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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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Payments Canada boss quits

Finextra

The Payments Canada Board of Directors today announced that Tracey Black, who joined Payments Canada in 2018, made the decision not to renew her term as President and CEO of Payments Canada.

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MedibleGo Supports UK MSMEs Following Innovate UK Grant With Enhanced AI Model

The Fintech Times

MedibleGo was created with the purpose of empowering micro, small and medium enterprises (MSMEs) through advanced AI technology. It has reached its next milestone in achieving this mission as it has been awarded a grant by Innovate UK , the UK’s innovation agency. In June 2023, MedibleGo expanded to the UK through the ProChile Global X platform.

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The Data is Clear: The Durbin-Marshall Credit Card Bill Will Harm Credit Unions and Community Banks

Electronic Payments Coalition

It’s been over a decade since the Durbin Amendment placed price caps and routing mandates on debit cards. In that time, independent and government reports have shown small financial institutions paid the price while corporate mega-stores, like Walmart and Target, pocketed billions in new revenue. Now Senator Dick Durbin is back, with the help of Senator Roger Marshall, to impose similar routing mandates on credit cards.

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Behind the Idea: Confide

The Fintech Times

Behind every headline-grabbing exposé lies a crucial lesson: the importance of preemptive action to address internal issues before they spiral into external crises. Founded by Pav Gill , the whistleblower behind the Wirecard scandal, Confide empowers organisations to preemptively address internal issues before they escalate to external leaks. In this week’s Behind the Idea, we chat to Gill to learn how Confide evolved from addressing the lessons learned from the Wirecard scandal into a hol

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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.

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Aeropay partners with Cross River, UBank on sports gaming payouts

Payments Dive

Digital payments provider Aeropay has lined up bank partners in an effort to facilitate faster access to winnings.

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Digital Insurance Summit Europe Day 1 Highlights

The Fintech Times

The world of insurance was present in Fulham at the Hurlingham Club in February as the two-day Digital Insurance Summit set out to tackle some of the biggest hurdles in the industry. The common denominator throughout the Digital Insurance Summit was understanding your customer, in turn allowing you to provide them with the best possible experience without compromising risk or cost.

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Trustly adds context to merchant data with MX

Finextra

MX Technologies, Inc. has announced MX’s data enhancement services will be leveraged as part of Trustly‘s Open Banking product suite.

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AR Turnover Days: What Is It, and How to Calculate

Paystand

As an AR manager, you must know what AR Turnover Days are and their importance as a metric. They're used to evaluate how efficiently accounts receivable are managed by measuring the average number of days it takes for a company to collect payments from its customers.

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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.