VISTA InfoSec

MAY 23, 2024

In many cases, cutting something off is necessary to avoid bigger damage. This is the idea behind controlled infrastructure removal, the elimination of some parts of your cloud infrastructure to contain an attack or remove a potential attack surface. It is an important part of infrastructure-as-code (IaC) management and something organizations need to be familiar with as they secure their cloud environments and the apps they develop.

Compromise 288

Compromise Database Best Practices Shutdown 288

Open Banking Excellence

MAY 23, 2024

Konsentus has launched its Q1 2024 TPP tracker, which highlights the growing cross-border activity and payment focus across European third parties. Following this announcement, the Konsentus Q1 2024 TPP tracker has revealed an overall growth in the European third parties that are regulated to provide Open Banking services around their domestic market, as well as an overall increase in TPPs authorised to initiate payments and transactions on an account holder’s behalf.

Cross-Border 130

Cross-Border Cross-Border Payments Non-Bank Regulations 130

Payments Dive

MAY 23, 2024

This week, South Carolina became the fifth state to enact a law regulating earned wage access providers, but it doesn’t subject them to lending laws.

Laws 130

Laws Regulations 130

Fintech News

MAY 23, 2024

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. Following last year’s major bank collapses — like First Republic Bank and Silicon Valley Bank in the US , and Credit Suisse in Switzerland — consumer confidence in banks has waned.

Online and Mobile Banking 130

Online and Mobile Banking Treasury Non-Bank Finance 130

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

The Fintech Times

MAY 23, 2024

Internal fraud has become a growing problem in the UK, but not enough people are coming forward to report suspects. Research from accounts payable provider, Medius has revealed that the primary reason for this is the legal system doesn’t adequately protect whistleblowers. Of the 504 financial professionals surveyed by Medius, 47 per cent said there wasn’t enough protection for whistleblowers.

White Collar Crime 105

White Collar Crime Social Security Authorization Crime 105

Payments Dive

MAY 23, 2024

“All parties in the payments ecosystem would benefit greatly from state laws that provide clarity and consistency between jurisdictions,” write two legal professionals.

Legal 88

Legal Credit Cards Laws Payments 88

Finextra

MAY 23, 2024

FinextraTV and Al Etihad Payments’s CEO Jan Pilbauer, dive into the evolving landscape of ISO 20022 and the challenges of being a brand-new national payments entity and subsidiary of the central bank. AI Etihad Payments discuss how they, in collaboration with Unifits, are automating testing and in turn, innovating payments processes for individuals and businesses in the Emirates.

ISO 20022 96

ISO 20022 ISOs Instant Payments Central Bank 96

Fintech News

MAY 23, 2024

Singapore is renowned for its thriving economy and high standard of living, but how financially resilient are its citizens? The Sun Life Asia Financial Resilience Index, a survey conducted across eight key Asian markets including Singapore in late 2023, sheds light on this question and reveals some intriguing insights into the financial planning landscape in Singapore.

Finance 108

Finance Risk Advisors Risk Management 108

Bank Automation

MAY 23, 2024

Nvidia’s data center revenue skyrocketed during its fiscal first quarter 2025 as companies look to the chip-making giant for AI infrastructure. Data center revenue reached $22.6 billion, up 427% year over year, according to the company’s earnings report for the quarter ended April 28.

CHIPS 80

CHIPS AI 80

Finextra

MAY 23, 2024

Spanish banking group BBVA is stepping up its use of artificial intelligence, signing a deal with OpenAI to start rolling out ChatGPT to thousands of employees.

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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?

Use Case

Chargebee

MAY 23, 2024

Selecting a new billing system can feel like running ten miles in a marathon only to find 32 more miles to go. You’ll reach the finish line only when you nail the implementation, migration, and onboarding. An unplanned migration process can lead to data duplication, inaccurate revenue reporting, and business downtime – all affecting the incredible subscriber experience you want to deliver to your customers.

Best Practices 76

Best Practices Duplicate Process 76

Finextra

MAY 23, 2024

The US Consumer Financial Protection Bureau's new rule on buy now, pay later lenders has received a mixed reception from industry players, with Affirm welcoming the outcome but rival Klarna calling it "baffling".

Rules 75

Rules CFPB BNPL Consumer 75

The Fintech Times

MAY 23, 2024

Broadband provider Cuckoo has signed a new three-year deal with bank payment company GoCardless , enabling it to use the fintech’s Direct Debit capabilities to collect monthly bills from customers. By partnering with GoCardless, Cuckoo will leverage Automated Direct Debit payments to offer customers greater peace of mind that their bills will be paid on time, without any extra effort.

Payments 68

Payments Continuity Automation Product 68

Finextra

MAY 23, 2024

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has signed a deal to modernize the core banking technology of Burgan Bank, a leading commercial bank in Kuwait.

Consulting 72

Consulting Technology 72

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

Bank Automation

MAY 23, 2024

Ally Financial is continuing to invest in technology and generative AI to offer improved car sale recommendations and inventory options for dealers.

AI 75

AI Continuity Technology Finance 75

Finextra

MAY 23, 2024

Join FinextraTV at the Temenos Community Forum 2024 in Dublin as Prema Varadhan, President Product & COO of Temenos, delves into the transformative potential of artificial intelligence in banking. We explore specific use cases across banking operations, highlighting how generative AI, combined with explainable AI, enhances customer interactions, streamlines back-office processes, and improves risk and compliance screenings.

AI 72

AI Use Case Compliance Risk 72

The Paypers

MAY 23, 2024

Trading and investment platform eToro has partnered with Arabesque AI to launch a new Sharia-compliant portfolio for users in the Middle East.

AI 80

AI 80

Finextra

MAY 23, 2024

Finastra, a global provider of financial software applications and marketplaces, today announced it has been selected by LGT to roll out instant payment services in Austria and Liechtenstein, with other markets to follow.

Instant Payments 69

Instant Payments Payments 69

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

Nomentia

MAY 23, 2024

As the financial landscape evolves ever more rapidly, many finance professionals are looking to implement a payment hub to streamline cash management processes and payment operations. To delve deeper into this topic, I had the privilege of interviewing Pia Charron , a lead consultant at Nomentia with over two decades of experience in treasury and cash management systems.

Treasury 59

Treasury Cash Management Payments Consulting 59

Finextra

MAY 23, 2024

New challenger SilverRock Bank has been granted banking authorisation with restrictions by the Prudential Regulation Authority following the completion of a £50m funding round.

Authorization 64

Authorization Regulations 64

Fintech Finance

MAY 23, 2024

PayRetailers , one of the leading fintechs in payments in Latin America, announces the acquisition of Transfeera , a regulated payment institution in Brazil. The transaction which is still subject to approval by the Administrative Council for Economic Defense (CADE) and the Central Brank of Brazil is part of PayRetailers’ strategic plan to grow in Brazil – in April, the company received a license from the Central Bank of Brazil to operate as a payment institution (IP).

Acquirers 59

Acquirers Central Bank Payments Institute Best Practices 59

Finextra

MAY 23, 2024

Zopa Bank has entered the UK’s £23 billion renewable energy market, making its suite of buy now, pay later and retail finance products available to Octopus Energy customers across the country.

Finance 64

Finance Product 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

Fintech Finance

MAY 23, 2024

Reltime , a leading innovator in blockchain and Web3 technology, is thrilled to announce the launch of its state-of-the-art Global Payment Gateway (GW), designed to empower merchants and shops worldwide to accept payments from all popular digital currencies. This GW supports seamless, cost-effective transactions for both online and in-store purchases, leveraging Reltime’s award-winning Layer1 Blockchain and brings many benefits to merchants.

Digital Currency 59

Digital Currency Payment Gateways Multi-Currency Gateways 59

Finextra

MAY 23, 2024

B2C2, a global leader in institutional liquidity for digital assets, announces it has partnered with Swissquote, the Swiss Leader in online banking and financial services provider.

Service Provider 59

Service Provider 59

Fintech Finance

MAY 23, 2024

Zopa Bank has entered the UK’s £23 billion renewable energy market (1), making its suite of fully regulated BNPL and retail finance products available to Octopus Energy customers across the UK. The deal will see Zopa finance the purchase and installation of Octopus solar panels for the energy giant’s millions of UK customers, spread out in up to 84 installments over 7 years.

BNPL 59

BNPL Void Finance On-Demand 59

Finextra

MAY 23, 2024

Reltime, a leading innovator in blockchain and Web3 technology, is thrilled to announce the launch of its state-of-the-art Global Payment Gateway (GW), designed to empower merchants and shops worldwide to accept payments from all popular digital currencies.

Payment Gateways 59

Payment Gateways Gateways Digital Currency Payments 59

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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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The Fintech Times

MAY 23, 2024

Independent consultancy, Barnett Waddingham has revealed that only 37 per cent of workers with a defined contribution (DC) pension have checked their pension online at least once. The news arrives as the consultancy looks to uncover the attitudes and behaviours of the UK’s retirement savers. The research shines a light on the nation’s pension apathy, and its impact on confidence about retirement.

Checks 58

Checks Consulting Enrollments Returns 58

Finextra

MAY 23, 2024

Temenos (SIX: TEMN) today announced that ZainCash, a subsidiary of March Holding and a leading payment service provider in Iraq, has gone live with Temenos core banking and payments to power the rapid growth and innovation of its digital payment services.

FinTech 59

FinTech Payments Digital Payments Service Provider 59

The Fintech Times

MAY 23, 2024

Welcome to The Fintech Times Bi-Weekly News Roundup on Thursday 23 May 2024, bringing you the latest updates from across the world. Partnerships Privat 3 Money (P3 ) is enhancing its established partnership with ClearBank, a cloud-based clearing bank. In collaboration with ClearBank, Privat 3 Money introduces a multi-currency account, supporting transactions in EUR, USD, CHD, and CAD, all under a single IBAN.

FinTech 58

FinTech Instant Payments Multi-Currency IBAN 58

Finextra

MAY 23, 2024

Ayan Capital, the London-based Islamic car finance platform for private hire vehicle (PHV) drivers looking to raise up to £25 million in Series A debt and equity funding.

Finance 59

Finance 59

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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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