Payments Dive

AUGUST 23, 2024

“The time has come to rethink surcharging not as a necessary evil but as a strategic advantage that can benefit both businesses and customers,” writes a Billtrust executive.

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Open Banking Excellence

AUGUST 22, 2024

10th October 2024 Live Event Linkedin Twitter FinTech Talent Showcase Whether it is to scout out potential recruits, to discuss engaging with the universities or simply to learn about the growing numbers of FinTech students emerging from the region’s universities, this is a great event to attend. Industry is demanding more FinTech skills of all sorts and here they are!

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PCI Security Standards

AUGUST 20, 2024

Merchants around the world use the Payment Card Industry Data Security Standard (PCI DSS) to safeguard payment card data before, during, and after a purchase is made. The standard is intended for all entities involved in payment card processing, including merchants, processors, acquirers, issuers, and service providers. As of 31 March 2024, the PCI Security Standards Council (PCI SSC) officially retired PCI DSS v3.2.1.

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Faster Payments Council

AUGUST 23, 2024

The Fall Member Meeting is set to gather FPC members for two days of insightful presentations, dynamic panel discussions with industry experts, timely roundtables, and valuable networking opportunities. Dive into the latest trends and challenges in faster payments, and connect with peers and leaders in the field. This event will take place on September 30-October 1 at the Hyatt Regency Denver at Colorado Convention Center in Denver, CO.

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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

Payments Dive

AUGUST 22, 2024

The collaboration marks the latest move by American Express to expand its footprint in Africa, which is the world's second-largest continent by population.

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Stripe

AUGUST 18, 2024

We’ve been testing a suite of new developer tools over the last year with thousands of users, including Slack and Notion. Today, we’re announcing that the first is available to all new users by default: Stripe Workbench, our new home for developers within the Dashboard that helps you debug, monitor, and grow your Stripe integration.

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Faster Payments Council

AUGUST 23, 2024

Join us for an upcoming FPC webinar, sponsored by Finzly, on Wednesday, September 18 from 12:00pm-1:00pmET. Is your financial institution fully harnessing the potential of RTP® and FedNow® to drive growth? While 'receive-only' instant payments is a significant step forward, the true transformative power lies in actively sending payments. In a recent joint survey from the FPC and Finzly, it unveiled that corporate customers drive nearly 78% of instant payments revenue.

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Payments Dive

AUGUST 22, 2024

The bank’s acquisition of Tempe, Arizona-based Salucro Healthcare allows its Elavon unit to dig deeper into healthcare payments and billing services.

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Finextra

AUGUST 21, 2024

Consumers in Switzerland can now send and receive payments in seconds following the market launch of instant payments across the banking industry.

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Bank Automation

AUGUST 19, 2024

Discover Financial Services is tapping generative AI to speed up call center agent response and strengthen client experience. Using Google Cloud’s AI platform, Vertex AI, Discover has reduced response times for call center agents by 70%, Szabolcs Paldy, senior vice president of enterprise operations at Discover, told Bank Automation News.

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Faster Payments Council

AUGUST 23, 2024

Join us for an upcoming Nacha/FPC webinar on Tuesday, October 8 from 12:00pm-1:00pmCDT. Nacha and the U.S. Faster Payments Council have worked together to introduce the Accredited Faster Payments Professional Program (AFPP). The first exam will be held in February 2025. In this webinar, members of the AFPP Oversight Panel will provide insight into specific topics addressed in the exam and how you can begin to prepare now.

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Payments Dive

AUGUST 19, 2024

The card network is shrinking its workforce as it restructures the company to focus more resources on some international markets.

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Payments Next

AUGUST 22, 2024

By Michael Wallis-Brown, Head of Mobile Financial Services, Ericsson In a world where connectivity is king, the convergence of banking and telecom The post Innovating finance: The convergence of telecoms and banking first appeared on Payments NEXT.

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Bank Automation

AUGUST 20, 2024

J.P. Morgan is joining French payments network Cartes Bancaires, Mike Lozanoff, managing director and global head of merchant services at J.P. Morgan, tells Bank Automation News on this episode of “The Buzz” podcast. The bank is tapping cloud-based Renovite to build the connection to the network, Lozanoff says.

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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

Fintech News

AUGUST 19, 2024

The National Bank of Cambodia has introduced the Bakong Tourists app, designed to simplify payments for international visitors. Launched on 19 August 2024 in Siem Reap, the app allows tourists to make payments at over 3.3 million retail merchants across Cambodia using their mobile devices. By downloading the app and registering with an email, tourists can top up their accounts and use the KHQR code to pay for goods and services, reducing the need for cash and ensuring a seamless experience durin

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Payments Dive

AUGUST 19, 2024

Merchants seeking a piece of the $5.5 billion settlement now have until February 2025 to file claims, a federal judge overseeing the class action said.

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The Fintech Times

AUGUST 23, 2024

Mongolia, a country of striking contrasts, presents a unique fintech landscape. Despite being one of the world’s largest nations by land area, it is also one of the least densely populated, with vast distances separating its people and economic hubs. This distinctive geography shapes the challenges and opportunities within Mongolia’s evolving fintech sector.

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Bank Automation

AUGUST 21, 2024

Financial institutions are looking to AI and generative AI to mitigate the rising risk of cyberattacks as fraudsters take advantage of the technology.

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Payments

TechCrunch Fintech

AUGUST 20, 2024

Construction companies deal with a lot of documents — so many that it can be difficult to process and manage them all. According to one recent survey, a third of construction professionals found accessing documents to be a challenge in completing a project, while a fourth said that inaccurate project paperwork has contributed to a […] © 2024 TechCrunch.

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Payments Dive

AUGUST 19, 2024

Electronic payments have become the norm for most B2B transactions. Oddly enough, that has been accompanied by a rise in check fraud. Here's what businesses need to know.

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Fintech News

AUGUST 21, 2024

Binance Holdings is set to expand its workforce by 1,000 employees in 2024, with a key emphasis on bolstering compliance teams, according to Bloomberg. The company plans to increase its compliance staff from 500 to 700 as part of this growth. This hiring push comes amid Binance ‘s rising regulatory expenditures, which have now surpassed US$261 million, including oversight due to a U.S. plea agreement.

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Finextra

AUGUST 20, 2024

Adyen has struck a deal to offer rival PayPal's Fastlane guest checkout product to its enterprise and marketplace customers in the US.

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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

The Payments Association

AUGUST 23, 2024

PXP Financial, a leader in global payment services, is pleased to announce the launch of its Partner Portal. This advanced platform is engineered to transform the merchant application journey, elevating the partnership experience with PXP. Designed to enhance efficiency and accuracy, the Partner Portal empowers partners to focus on growth and success.

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Payments Dive

AUGUST 21, 2024

Earned wage access providers that backed state laws friendly to the industry are preparing for a fight over the Consumer Financial Protection Bureau’s plan to treat such payments like loans.

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Fintech News

AUGUST 19, 2024

Fintech startups in Southeast Asia secured a total of US$899 million in funding in H1 2024, a 25% year-on-year (YoY) decrease from US$1.2 billion in H1 2023, a new report by data intelligence platform Tracxn says. The SEA Fintech – Semi Annual Report – 2024, released on July 05, 2024, underscores a continuing downward trend in fintech funding due to ongoing macroeconomic conditions and geopolitical issues, making H1 2024 the least funded half-year in the past three years.

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Fintech Review

AUGUST 21, 2024

By Nir Netzer , a Venture Partner at Tenity and the Chairman of the Israeli Fintech Association – FinTech-Aviv. The global fintech sector is set for tremendous growth in 2024, driven by expanding market opportunities and new innovations. One major development is the integration of Generative AI into the fintech landscape. This will revolutionise financial services delivery.

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The Fintech Times

AUGUST 22, 2024

Consumers are becoming increasingly careful with their spending and are losing confidence, according to the latest data from analytics firm, FICO , which has published its ‘UK Credit Card Market Report’ for June 2024. The FICO report outlines the continuation of a usual trend for June: a seasonal uplift in consumer spending during the summer months.

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Payments Dive

AUGUST 19, 2024

The Dutch payments service provider is gaining traction in the U.S. market as it adds to its client roster, including big U.S. retail names such as Crate & Barrel.

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Fintech News

AUGUST 23, 2024

In H1 2024, fintech startups in Asia raised a total of US$2.4 billion, data from a new CB Insights report show. The sum represents a year-over-year (YoY) decline of 17.2%, continuing a downward trend that began in 2022 due to market uncertainty, economic volatility, and profitability concerns. Despite current funding challenges, fintech experts and industry observers are still optimistic about the region’s long-term growth prospects, driven by factors such as a young population, a large consumer

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Finextra

AUGUST 21, 2024

Security researchers have identified a new phishing technique using progressive web applications (PWAs) to target customers of banks in Eastern Europe.

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Phishing Scams Research Security 111

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