VISTA InfoSec

JANUARY 18, 2024

In our last discussion, we explored the evolution of Requirement 1 in the transition from PCI DSS v3.2.1 to v4.0, with a particular emphasis on the move towards ‘network security controls’. As we continue our exploration of the updated PCI DSS v4.0, today’s focus will be on the transformations in Requirement 2. As a reminder, the Payment Card Industry Data Security Standard (PCI DSS) is a comprehensive set of security requirements that all organizations handling cardholder data must adhere to.

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PCI Security Standards

JANUARY 31, 2024

With 31 March 2024 rapidly approaching, Lauren Holloway, Director, Data Security Standards, shares some key questions, answers, and resources to help entities successfully transition to PCI DSS v4.0.

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PCI DSS Data Security Security 207

Payments Dive

JANUARY 3, 2024

The state’s new law will force merchants to limit credit card surcharges and more clearly disclose them to consumers. If the businesses don’t, they could face a $500 penalty.

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Laws Credit Cards Consumer 187

Payments Next

JANUARY 3, 2024

by Donna Blum of BHMIChargebacks are a significant and growing challenge in the payments industry. The rapid growth in e-commerce, rise in The post Five reasons to get a handle on chargebacks first appeared on Payments NEXT.

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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

JANUARY 6, 2024

The European Central Bank (ECB) has revealed plans to carry out cyber resilience stress tests on 109 of the banks it directly supervises in 2024, to assess how they both respond to and recover from a cyberattack. Stress testing the banks will not analyse their ability to prevent it in the first place, the European Central Bank explained. Instead, in the stress test scenario, a cyberattack succeeds in disrupting a bank’s daily business operations.

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TechCrunch Fintech

JANUARY 30, 2024

Block, the fintech company whose subsidiaries include Square, Cash App and Afterpay, is laying off staff at a tumultuous time for tech industry workers. That’s according to an internal memo from CEO Jack Dorsey, obtained first by Business Insider, which states that “the growth of [Block] has far outpaced the growth of … business and […] © 2024 TechCrunch.

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Blocks FinTech 136

Bank Automation

JANUARY 30, 2024

Graphics processing units on today’s computers can only hold so much capacity — and financial institutions are looking to quantum computing to process ever-growing data sets and turbocharge AI.

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Payments Dive

JANUARY 25, 2024

If the payments giant receives a special Georgia charter and gains access to the card networks, it could open the floodgates for other merchant acquirers, attorneys said.

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Acquirers Payments 183

PayPal

JANUARY 25, 2024

Company introduces reimagined checkout and guest checkout experiences, new advanced offers platform for merchants, and new consumer app to earn cash back and give customers more reasons to shop with PayPal New Venmo enhancements enable local small businesses to be discovered and grow

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Venmo PayPal Innovation Small Business 122

The Fintech Times

JANUARY 17, 2024

Particularly since the release of OpenAI ‘s ChatGPT at the back-end of 2022, the world has sat up and taken notice of the potential of artificial intelligence (AI) to disrupt all industries in countless ways. To kick off 2024, The Fintech Times is exploring how the world of AI may continue to impact the fintech industry and beyond throughout the coming year.

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TechCrunch Fintech

JANUARY 30, 2024

PayPal has begun company-wide layoffs, according to multiple reports, including an article published by The Information. It is not yet clear how many people will be affected by the job cuts but one source told TechCrunch it was expected to be in the “thousands.” TechCrunch has reached out to PayPal and will update this story […] © 2024 TechCrunch.

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PayPal FinTech 134

Finextra

JANUARY 25, 2024

PayPal has unveiled a host of new AI-driven features for the new year but the plans failed to convince the market, with the payment giant's shares down more than four per cent in afternoon trading.

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Bank Automation

JANUARY 2, 2024

Industry experts predict adoption of real-time payments as well as the increased use of FedNow and digital wallets in 2024 as consumer demand for instant payments continues to grow.

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Payments Trends FedNow Real Time Payments Instant Payments 130

Payments Dive

JANUARY 10, 2024

“I would be surprised if it takes longer than the middle of [2024] to roll out payments,” X owner Elon Musk said during a conversation last month with Ark Invest CEO Cathie Wood.

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Payments 179

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

PayPal

JANUARY 16, 2024

PayPal will provide an exclusive preview on January 25, 2024 at 9:30 am PT of the first innovations PayPal and Venmo are piloting and bringing to market this year.

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Venmo PayPal Innovation 119

The Fintech Times

JANUARY 27, 2024

Aritificial intelligence has captured the world’s imagination throughout the last two years, and companies of all sizes are embracing – having recognised the long-term benefits the emerging technology could offer. In its latest report, financial management solution Qonto reveals how this trend translates for SMEs across Europe. In the Qonto report , European SMEs revealed their intention to massively invest in tech, such as AI, and digitisation in 2024, especially in Germany, Italy,

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AI Metaverse FinTech Cryptocurrency 122

TechCrunch Fintech

JANUARY 17, 2024

Argentinian payments infrastructure startup Pomelo has raised $40 million in a Series B round of funding. The Buenos Aires-based company started in 2021 with the goal of giving fintechs and embedded finance players a way to launch virtual accounts and issue prepaid and credit cards via compliant onboarding processes. Pomelo went live with its first customer […] © 2023 TechCrunch.

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Embedded Finance Credit Cards Payments FinTech 128

Finextra

JANUARY 4, 2024

Visa has launched a Web3 loyalty engagement offering to help firms reward customers not just for their purchases but for their engagement and interactions.

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Payments

Bank Automation

JANUARY 9, 2024

Financial institutions can look to generative AI to reach up to 90% automation, WorkFusion Chief Executive Adam Famularo tells Bank Automation News on this episode of “The Buzz” podcast.

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Automation AI Transactions Process 121

Payments Dive

JANUARY 8, 2024

The card network company is boosting efforts to enforce surcharge rules, with non-compliance potentially resulting in fines up to $1 million, according to one card processor.

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Processors Rules Compliance 179

Fintech News

JANUARY 9, 2024

Thailand’s Prime Minister Srettha Thavisin announced the anticipated May commencement of a substantial economic stimulus initiative, according to a Reuters report. This plan, a centerpiece of the ruling Pheu Thai party’s election campaign, involves disbursing approximately US$14.3 billion through a ‘digital wallet’ system. Under this scheme, around 50 million Thai citizens will each receive 10,000 baht (about US$285) to spend within their local communities.

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Central Bank Legal Government Governance 126

The Fintech Times

JANUARY 28, 2024

Cyber threats should be prioritised as a key business risk like financial and legal challenges, the UK government has urged as it releases new guidelines to help directors and business leaders boost their cyber resilience. Aimed at executive and non-executive directors and other senior leaders, the new Cyber Governance Code of Practice guidelines aim to ensure that cyber threat issues are a key focus for businesses, putting them on an equal footing with other threats like financial and legal pit

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Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

Transactions

TechCrunch Fintech

JANUARY 24, 2024

Alinea Invest, a fintech app offering AI-powered wealth management aimed at Gen Z women, has $3.4 million in seed funding ahead of the launch of a virtual AI assistant that will help users with their investing needs. The fundraising comes on the heels of 225,000 downloads of Alinea’s app, leading to a revenue run-rate of […] © 2023 TechCrunch.

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AI FinTech 126

Finextra

JANUARY 4, 2024

New data from Nationwide shows that cash usage continues to rise as many households respond to the cost-of-living crisis by budgeting with physical money.

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Continuity 133

Bank Automation

JANUARY 30, 2024

Technology and innovations advanced in leaps and bounds in 2023, including enhancements to AI, the introduction of generative AI and investment in data analytics.

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Fraud Detection AI Automation Innovation 124

Payments Dive

JANUARY 9, 2024

Swipe fee battles, real-time payments, fraud prevention and acquisition plans will be among the hot topics pulsing through the industry this year.

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Payments Trends Fraud Prevention Real Time Payments Payments 194

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

Fintech News

JANUARY 17, 2024

Banks collect and hold huge quantities of usable data, and many are already successfully applying big data and AI across various business cases. The potential to optimise data use through a data-driven banking strategy is enormous, especially for smaller banks. This is because even small projects can achieve clear added value with such a strategy. This article, a collaboration between financial software provider ti&m and Google Cloud, appeared in the ti&m special on digital banking, expl

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AI Legal Framework Use Case Risk 118

The Fintech Times

JANUARY 10, 2024

Over half of financial organisations (55 per cent) have prioritised cybersecurity above all else for the coming year, according to new research from IT infrastructure provider Softcat. Softcat has released its annual Business Tech Priorities Report , exploring the top tech investments the financial sector is prioritising in the year ahead. The findings form part of a report based on the views of more than 4,000 customers from 2,900 organisations in the UK and Ireland, across 27 industries in bot

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TechCrunch Fintech

JANUARY 11, 2024

Developers add Pier’s APIs with a few lines of codes, and the company then manages the credit lifecycle from end-to-end, including origination, underwriting, compliance and servicing. © 2023 TechCrunch. All rights reserved. For personal use only.

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Underwriting Origination API Compliance 122

Finextra

JANUARY 30, 2024

Without any trace of irony, Klarna is reviving a feature which enables customers to look back on their personal spending history over the past year and get nudges to better money management tools in the app.

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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