PCI Security Standards

JULY 10, 2024

The PCI Data Security Standard (PCI DSS) has long included requirements for external vulnerability scans conducted by PCI Approved Scanning Vendors (ASVs), and these requirements have also been included in prior versions of some Self-Assessment Questionnaires (SAQs). For PCI DSS v4.x, requirements for external vulnerability scans performed by an ASV were added to SAQ A to help address common breaches that are targeting SAQ A merchant environments at alarming rates.

PCI DSS 130

PCI DSS Breach Assessments Data Security 130

Payments Dive

JULY 10, 2024

The retailer’s customers will still have six payment options after the change takes effect in about a week.

Checks 158

Checks Payments 158

Finextra

JULY 10, 2024

Consumers and businesses sent $1 billion in instant payments on June 28 over the RTP® network, a single day record for the largest instant payments system in the United States, operated by The Clearing House.

RTP 111

RTP Instant Payments Consumer Payments 111

Payments Dive

JULY 10, 2024

Fresh off its biggest acquisition ever, Payroc is pressing ahead with more acquisitions and preparations for an initial public offering.

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143

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

JULY 10, 2024

At EBAday 2024, Gilbert Verdian, Founder and CEO, Quant, explores how programmable payments can enhance the efficiency of both personal and business financial transactions. Highlighting the important role of the Regulated Liability Network (RLN) in the UK, the discussion turns to advancing programmable payments using both existing and tokenised bank deposits.

Payments 98

Payments Regulations Transactions Innovation 98

Fintech Review

JULY 10, 2024

Decentralised Finance (DeFi) platforms are revolutionising financial services, particularly in emerging markets where traditional banking infrastructure is lacking. These platforms leverage blockchain technology to create open, accessible, and secure financial systems that operate without the need for intermediaries like banks. As a result, DeFi is gaining traction rapidly due to its ability to provide financial services to those who have been historically underserved by conventional banking sys

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

Finextra

JULY 10, 2024

Lithuania has fined crypto outfit Payeer a record EUR9.3 million for Russia-related sanction violations and money laundering failures.

Money Laundering 105

Money Laundering 105

Fintech Finance

JULY 10, 2024

Leading corporate payouts platform, Onbe and ZSuite Tech, a high-growth fintech innovator with a focus on commercial escrow and subaccounting, today announce its partnership. The partnership will provide an embedded digital disbursement option for the more than 90 U.S. banks that use ZSuite Tech, allowing them to offer a simplified and cost-efficient mechanism for issuing payments through popular methods including virtual cards, ACH, push to card, and mobile wallets.

Push-to-Card 89

Push-to-Card Compliance ACH Checks 89

Finextra

JULY 10, 2024

Travelex, a market leading foreign exchange brand, has added a further seven currencies to its pre-paid currency card, the Travelex Money Card (TMC).

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98

Bank Automation

JULY 10, 2024

Demand for real-time payments continues to grow globally, and the launch of the Federal Reserve’s real-time payments rail, FedNow, one year ago offers another avenue to send and receive funds instantly. Real-time transactions are predicted to reach 575.1 billion by 2028, with a compound annual growth rate of 16.

FedNow 83

FedNow Volume Real Time Payments Payments 83

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Fintech News

JULY 10, 2024

Sumsub, a global verification provider, has announced strategic partnerships with several resellers in Southeast Asia including Nexus Technologies in the Philippines, PT Secure Pasifik Teknologi in Indonesia, and Spectrum Edge in Malaysia. These partnerships aim to enhance fraud prevention efforts and strengthen the business environment in the region.

Identity Theft 101

Identity Theft APACS Deepfake Money Laundering 101

Fintech Finance

JULY 10, 2024

AFFIN Group (“AFFIN” or “the Group”) today announced a partnership with ACI Worldwide , a global leader in mission-critical, real-time payments software, to modernise the Bank’s real-time payment capabilities. In attendance at the contract signing to represent YBhg. Datuk Wan Razly Abdullah was Encik Risham Akashah Bin Kamaruzaman, Group Chief Operating Officer of Affin Bank Berhad, and ACI Worldwide was represented by Mr.

ISO 20022 86

ISO 20022 Real Time Payments ISOs Payments 86

Bank Automation

JULY 10, 2024

Banco Santander and Google have teamed up to offer an AI course. The on-demand course is live on the bank’s Santander Open Academy Platform and is free to anyone over 16, according to a July 9 Santander release.

AI 80

AI Transactions On-Demand 80

Fintech Finance

JULY 10, 2024

Papara , a leading fintech in Turkey, has partnered with Thales , the global leader in advanced Technologies, to deploy Thales’ innovative SketchMyCard solution. Papara users now have the freedom to design unique and personalised payment cards that reflect their individuality, creativity and lifestyle, complemented by Papara’s highly successful and well-designed range of payment cards.

Transactions 85

Transactions Volume FinTech Innovation 85

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

Finextra

JULY 10, 2024

enza, the innovative payments technology company liberating African banks from the constraints of legacy technology and operating models, and TerraPay a leading global money movement company, are excited to announce a strategic partnership to transform the payments landscape of Africa.

Innovation 80

Innovation Technology Payments 80

Fintech Finance

JULY 10, 2024

FREENOW , the leading European taxi app, has integrated Alipay+ cross-border mobile payment solutions with its taxi cab services in seven European countries: Spain, Germany, Ireland, Italy, France, Greece and Austria. The partnership enhances the travel experience for Asian visitors to Europe, as the region benefits from peak tourism this summer. Alipay+, a suite of cross-border mobile payments and digitalization technology solutions and official sponsor of UEFA EURO 2024 , has developed a mini-

Cross-Border 81

Cross-Border SARS eWallet Mobile Payments 81

Finovate

JULY 10, 2024

The role of AI in financial services is rapidly evolving. Not since the heady days of the Internet boom has an emerging technology so powerfully captured the imagination of companies, investors, workers, and consumers around the world. As financial services companies search for ways to take advantage of AI to improve efficiency, better understand data, and engage more proactively and personally with their customers, it is all the more worthwhile for us to listen to those entrepreneurs, analysts,

Fraud Prevention 74

Fraud Prevention AI Automation Underwriting 74

Fintech Finance

JULY 10, 2024

The Medical Tourism Association will launch a one-stop platform with Mastercard payment capabilities to bring more convenience, flexibility, and trust to the medical tourism industry Responding to the growing need to simplify access to global healthcare for medical tourists, Mastercard and the Medical Tourism Association (MTA) have announced an exclusive partnership to modernize the end-to-end healthcare experience for patients and providers around the world.

Cross-Border 80

Cross-Border Visa Wire Transfer Accreditation 80

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

Finextra

JULY 10, 2024

The ongoing deline in fintech investment continues in the first half of 2024 but shows signs of bottoming out, acccording to new figures from Innovate Finance.

FinTech 75

FinTech Finance Innovation Continuity 75

Fintech Finance

JULY 10, 2024

In a letter sent to customers, Metro Bank have announced they are to remove personal credit cards from their product range. As part of an internal review by the bank, the letter to customers stated: “We’re continuing to look at the best ways to simplify and streamline our products to ensure that we always provide the best service and value for our customers” All Metro Bank customers who hold the personal credit product will be affected by this change and all cardholder accounts will

Credit Cards 79

Credit Cards Product Disputes Accounts 79

Nanonets

JULY 10, 2024

This tutorial blog examines some of the use cases of key-value pair extractions, the traditional and current approaches to solving the task, and a sample implementation with code. You encounter KVPs more often than you might realize. Remember the last time you flipped through a dictionary? Each word (the key) is paired with its definition (the value).

Database 96

Database Process Use Case Correspondent 96

Fintech Finance

JULY 10, 2024

Network International (Network) , the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced the introduction of new Business Payment Solutions for businesses, corporations, and travel industry companies in the UAE. Launched in partnership with Mastercard , the new solutions will enable Network International to tap into Mastercard’s global digital payment expertise including card offerings, expense management and virtual card innovations; enabling Netwo

Visa 78

Visa Cross-Border Payments Cross-Border Payments 78

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

The Fintech Times

JULY 10, 2024

Offa , the Sharia-compliant bridge finance fintech, has launched a new service in accordance with Islamic finance principles. Muslim and non-Muslim property investors will now be able to make fast funding decisions via a paperless process as a result of its buy-to-let (BTL) finance offering. Muslims cannot charge interest and investment into sectors deemed harmful to society – such as alcohol, tobacco and the arms trade.

Finance 68

Finance Process Acquirers Product 68

Fintech Finance

JULY 10, 2024

Thunes , a global money movement innovator, today welcomes LianLian Global , a leading Chinese e-commerce cross-border payment service provider, to the Thunes Global Network. The Chinese payment company is offering a new solution, the LianLian Global Payout Service (LGPS), that leverages Thunes’ fully compliant payment network to facilitate payouts to digital wallets and bank accounts in over 130 countries.

Cross-Border Payments 75

Cross-Border Payments Cross-Border Payments Service Provider 75

The Fintech Times

JULY 10, 2024

Investment research budgets are increasing in 2024, particularly in the US, signalling a market rebound, but the potential implementation of the Financial Conduct Authority’ s (FCA) new payment rules could further reshape spending dynamics and competitive practices in Europe. Substantive Research , a provider of research and data analytics for the buy side, has published the findings of its latest survey into investment research pricing, budgeting and consumption.

Research 63

Research Rules On-Demand Consulting 63

Fintech Finance

JULY 10, 2024

Consumers and businesses sent $1 billion in instant payments on June 28 over the RTP® network, a single day record for the largest instant payments system in the United States, operated by The Clearing House. The RTP network also experienced a record 82 million transactions in the second quarter, valued at a record $55 billion, as financial institution customers continued to use the network for all types of instant payments.

RTP 74

RTP Instant Payments Credit Union Volume 74

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The Fintech Times

JULY 10, 2024

IDnow , the European identity verification platform provider, is launching two new e-signature solutions, InstantSign and eID eSign, in a move hoping to significantly streamline lengthy signing processes. IDnow explained that InstantSign enables financial firms to enhance their existing ‘friction-heavy’ and ‘lengthy’ signing processes, such as loan contracts, by leveraging a reusable identity.

Security 63

Security Verification AML Identity Theft 63

Fintech Finance

JULY 10, 2024

payabl., one of Europe’s leading PayTech companies, today announced the appointment of Esfira Zakas as its new Chief Marketing Officer (CMO). The newly created role supports payabl.’s ambitious plans to continue its rapid growth across Europe. Esfira has been promoted from Head of Marketing into the new role, evidencing payabl.’s commitment to leveraging internal talent and fostering inclusive leadership.

Continuity 74

Continuity FinTech Addressing Business Payments 74

Finovate

JULY 10, 2024

Unified Conversations Platform company Eltropy has introduced a range of new enhancements to its offering. The enhancements include Skill-Based Routing, new Lobby Management features, and a voice and contact center solution, Voice+ A Finovate alum for more than seven years, Eltropy most recently demoed its technology at FinovateFall 2022. Unified Conversations platform provider Eltropy recently unveiled a set of new enhancements to its offering.

Credit Union 58

Credit Union AI Community Banks Checks 58

Fintech Finance

JULY 10, 2024

Research released today by emerchantpay , a leading global payment service provider and acquirer, has revealed the factors influencing how consumers choose to pay online. Top concerns over security (60%) and privacy (41%) were closely followed by considerations for speed (38%) and efficiency (34%). Security, privacy, speed and efficiency are all offered by Open Banking payments – above and sometimes beyond the capabilities offered by other payment methods.

Privacy 71

Privacy Consumer Security Payments 71

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Payments