Sat.May 18, 2024 - Fri.May 24, 2024

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How to Use the Terraform Destroy Command to Control Cyber Attack Damage

VISTA InfoSec

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.

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Unearned Revenue: What it is and What it Means for Subscription Businesses

Stax

When can revenue NOT be counted as revenue? If this question is confusing, you’re not alone. The concept of unearned revenue can easily trip up SaaS companies that offer subscription services and products on a recurring basis. Unlike when selling ordinary products, you cannot recognize the revenue earned from a subscription all at once. Although your business has received payment, this cannot be credited to your bottom line until delivery of the product is completed.

Accounts 167
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Cash App aims to add more features

Payments Dive

Block’s Jack Dorsey wants to improve Cash App’s customer service experience in order to entice more users to make it their primary bank, he said this week.

Blocks 157
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Swift opens API channel for ISO 20022 corporate payment tracking

Finextra

Swift is working with 25 leading cash management banks and 20 corporates to develop a white labelled transaction tracking service for ISO 20022 messages across the entire payment chain.

ISO 20022 145
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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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PCI DSS For Small Business

VISTA InfoSec

In an era where digital transactions reign supreme, ensuring the security of payment card data is paramount for businesses. This is where the Payment Card Industry Data Security Standard (PCI DSS) comes into play, serving as a crucial framework for safeguarding sensitive information and protecting both businesses and consumers from the ever-present threat of cybercrime.

PCI DSS 202
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What Would it Take to See an NFT Revival?

The Fintech Times

In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. This May, The Fintech Times is looking to showcase some of these new methods and explore how the digital asset ecosystem is evolving.

NFTs 145

More Trending

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Ex-Revolut team launch DeFi wallet and crypto card

Finextra

A team of ex-Revolut employees have released Zeal, a DeFi wallet and debit card combination that enables direct cryptocurrency spending on everyday items, eliminating the need for conversion to fiat currency.

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Inside TD Bank’s gen AI pilots

Bank Automation

TD Bank is exploring the use of generative AI within its institution through pilot programs. “Understanding how generative AI can be used to augment the work of our colleagues has always been our focus,” Imran Khan, head of TD Invent, the bank’s innovation arm, told Bank Automation News.

AI 128
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More Than a Quarter of Asian Financial Institutions Are Investing in Digital Assets

Fintech News

As the financial landscape undergoes a digital revolution, institutional investors are increasingly turning their attention to digital assets such as cryptocurrencies and Central Bank Digital Currencies (CBDCs). A recent report by SBI Digital Asset Holdings (SBI DAH) sheds light on the growing interest and adoption of these innovative financial instruments among institutional investors.

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South Carolina embraces new EWA law

Payments Dive

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
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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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BaFin fines N26 €9.2m over late money laundering reports

Finextra

German regulator BaFin has fined N26 €9.2 million for anti-money laundering failures but could be preparing to lift a cap on the number of new customers the digital bank can take on.

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JPMorgan identifies 3 gen AI uses

Bank Automation

JPMorgan Chase has identified three uses for generative AI to boost efficiency. “AI, and particularly large language models, will be transformational,” Chief Operating Officer Daniel Pinto said during the bank’s Investor Day on May 20, noting that the bank has been investing in AI for “a number of years.” The $3.

AI 128
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10 Upcoming Fintech Webinars to Attend

Fintech News

The COVID-19 pandemic led to restrictions on physical gatherings, prompting businesses to swiftly move their marketing activities to online platforms and bringing webinars into the spotlight. These virtual events became vital for maintaining business continuity, serving as a means for internal meetings and connecting with clients and audiences. Webcasting and virtual event platforms like ON24 witnessed a remarkable surge, reporting a 167% increase in webinar hosting activities.

FinTech 133
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Businesses boost use of digital wallets: Fed

Payments Dive

Business use of digital wallets rose last year more than their use of many other forms of payment, according to a survey commissioned by the Federal Reserve’s financial services unit.

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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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Google Pay lets customers ditch CVVs for biometrics.

Finextra

Google Pay has received a revamp to make it easier for shoppers to see card benefits, use BNPL on more sites, and ditch CVV codes in favour of biometrics at checkout.

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Chase for Business approaches innovation in phases

Bank Automation

JPMorgan Chase considers customer needs, competition and time to market when approaching product launches for small-business clients. “We really try to keep the small-business owner at the center of all of that innovation process at Chase for Business,” Jameson Troutman, head of product for small business at JPMorgan Chase, told Bank Automation News.

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The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

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.

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Examining the PSR’s priorities in 2024 and beyond

The Payments Association

The Payment Systems Regulator (PSR) highlights the need for improved governance and collaboration to drive innovation and address regulatory challenges in the UK's payments industry Read more

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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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Citi fined over $444 billion fat finger error

Finextra

British financial regulators have fined Citigroup £61.7 million over a $444 billion fat finger error that led to a $1.4bn sell off of equities in European markets.

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Transactions: Fintech Lili teams up with AWS for gen AI chatbot

Bank Automation

Fintech Lili, which provides a business platform for small and medium-sized businesses, has teamed up with Amazon Web Services to deploy a generative AI-driven chatbot for its customers.

AI 125
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How Will You Create the Next Generation Customer Experience?

Finovate

Today’s customers want personalized experiences, but how can companies drive meaningful one-on-one connections at scale ? Data wins! Handled correctly, well-orchestrated data reaches customers the way they want to be reached: fast and seamless while facilitating loyalty and trust. The next generation customer experience is made easier with LeanData, the leading Revenue Orchestration platform.

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Sacombank Reportedly Planning 33% Stake Sale to Raise Up to US$880 Million

Fintech News

Vietnamese lender Sacombank plans to sell a 33% stake by the end of the year, aiming to raise between US$840 million and US$880 million, according to DealStreetAsia. The bank, listed in Ho Chi Minh City, intends to offer the shares at 34,500-36,000 dong (US$1.36-US$1.40) each, significantly higher than the current trading price of 28,400 dong per share.

Non-Bank 115
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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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Stripe launches payment and financing tools in the UK

Finextra

Stripe is strengthening its position in the UK, opening a flagship London office in the heart of the City, and launching its first Open-Banking-powered payment method and new financing options for small businesses.

Finance 121
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Inside look: Synchrony’s AI training strategy

Bank Automation

Synchrony Financial is investing in training its employees on emerging technology, with a focus on AI and automation. Training options include “technology certifications mapped to critical skills in areas like cybersecurity, software engineering and UX design,” Tim Christensen, senior vice president of product, digital, innovation and AI at Synchrony, told Bank Automation News.

AI 114
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CFPB to treat BNPL loans like credit cards

Payments Dive

“Whether a shopper swipes a credit card or uses Buy Now, Pay Later, they are entitled to important consumer protections under longstanding laws and regulations,” CFPB Director Rohit Chopra said.

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Trust Bank’s 0% FX Fees Result in Over S$18 Million in Customer Savings

Fintech News

Singapore’s digital bank Trust shared that its customers have saved over S$18 million on foreign currency transactions in the past year, thanks to the bank’s 0% foreign exchange fee policy. The data revealed that Trust Bank cards were used more than 7 million times for foreign transactions during this period. Additionally, Trust Bank customers saved S$500,000 on overseas ATM withdrawal fees.

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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.

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Ethereum ETFs approval progresses with SEC announcement

Finextra

The US Securities and Exchange Commission (SEC) has approved rule changes in support of ethethereum ETFs, setting up the potential launch of 8 exchange traded funds.

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Employers Must Protect Whistleblowers: Current Workplace Attitudes Mean Nearly 50% Fear Consequences

The Fintech Times

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.

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Sorry Cash App, Gen Z still wants bank branches

Payments Dive

Young consumers are open to using the peer-to-peer payments app as their primary bank, but many say they won’t switch because they value having a physical branch.

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5 Tech Trends Revolutionising Lending Lifecycle Management

Finezza

There is a stark contrast between India’s current financial landscape and its state in the 2000s primarily due to the influx of fintech companies. The confluence of technology and finance combined with the increasing demand for convenient and user-friendly financial services are shaping India’s economic ecosystem. While traditional banks and financial institutions have served the […] The post 5 Tech Trends Revolutionising Lending Lifecycle Management appeared first on Finezza Blog.

On-Demand 104
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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.