Sat.Aug 27, 2022 - Fri.Sep 02, 2022

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Banks push back against CBDC

Payments Dive

The nation’s biggest bank and bank trade groups stressed the risks of creating a central bank digital currency in comments to the Fed, and largely rejected the idea that a digital dollar would accomplish stated goals.

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What Gig Workers Want in Payments

Agile Payments

What Gig Workers Want in Payments. So, you're on your way to becoming a gig worker. Congratulations! You'll be joining the ranks of some of the most innovative and forward-thinking people in the workforce. But what do gig workers need to have a much-improved experience? Payments that fit their lifestyle and work habits for sure!

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Making of: Bundesagentur für Arbeit empowering eGovernment services with Axway 

Axway

We’re glad to share with you our latest video testimonial with Bundesagentur für Arbeit , Germany’s federal agency responsible for providing a range of labor market services for employers and employees.

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Average U.S. FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises

FICO

Home. Blog. FICO. Average U.S. FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises. Each year, we provide insight into the national average FICO ® Score to help ensure consumers have a baseline measure of credit health standing. by Ethan Dornhelm. expand_less Back To Top. Tue, 08/30/2022 - 12:00. As the independent standard in credit scoring, FICO® Scores are the leading credit scores used extensively across the lending ecosystem ranging from originations, underwriting an

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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Who’s afraid of FedNow? Not Visa

Payments Dive

Visa's CFO on Wednesday brushed off any concerns about the threat of new competition from FedNow, or any other real-time payments system.

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Best FP&A Software for Small Businesses

The Finance Weekly

Why are FP&A software tools essential for small businesses? FP&A software tools are increasingly important for businesses of all sizes. Historically, FP&A teams primarily existed as a separate department, mostly among large and established companies. But all of that has changed. , FP&A is no longer a separate entity that works only with the finance department.

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The Power of Optimization: Solving a Dire Water Access Problem

FICO

Home. Blog. FICO. The Power of Optimization: Solving a Dire Water Access Problem. The SEIO-BBVA prize for best applied contribution in operations research goes to a team including FICO’s Selene Silvestri. JessicaButalla@fico.com. Tue, 07/19/2022 - 16:11. by Oliver Bastert. Vice President, Product Management. expand_less Back To Top. Tue, 08/30/2022 - 09:30.

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Digital wallets dig in

Payments Dive

Continued adoption of digital wallets is likely to depend on the services that providers add, said Charlotte Principato, a financial services analyst for polling firm Morning Consult.

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Best FP&A Software for Startups

The Finance Weekly

Why are FP&A software tools essential for startups and small businesses? FP&A software tools are increasingly important for businesses of all sizes. Historically, FP&A teams primarily existed as a separate department, mostly among large and established companies. But all of that has changed. , FP&A is no longer a separate entity that works only with the finance department.

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Airbnb partners with Generali to offer travel insurance

The Paypers

Worldwide-known home rental platform Airbnb has announced since January 2022 the upcoming launch of a customised insurance product offering exclusive to Airbnb users.

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15 Modern Use Cases for Enterprise Business Intelligence

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?

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Life after the Great Resignation – how Cloud, SaaS and streamlining EDI and APIs in B2B integration can help fill the gap

Axway

When I was studying IT at university, I remember some class discussions about the 5th generation programming language. Different things were said, and some future scenarios seemed like a horror story for us future software engineers.

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Card companies urged to code gun sellers

Payments Dive

Calls from government officials urging Visa, Mastercard and American Express to support creating a merchant category code for gun sellers are growing louder.

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First Ever Excel NFTs go on Sale. Without the Goal of Making Money

The Finance Weekly

For the first time ever, Microsoft Excel based NFTs are going on sale. These Excel NFTs are unique not only because they are the first of its kind, but also because their goal has nothing to do with making a profit. All of the money will be donated to victims of the war in Ukraine. The five unique pieces of pixel art contain pictures of events that occurred during the war, depicting courage from Ukrainian President Volodymyr Zelensky, people saying goodbye, and refugees crossing the border.

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TrueLayer partners crypto exchange Bybit

The Paypers

TrueLayer , a European Open Banking platform, has announces its collaboration with cryptocurrency exchange Bybit to deliver rapid fiat deposits across Europe.

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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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Digital News Desk – Summer 2022

Axway

We’re back with a new edition of the Digital News Desk! You may have noticed we took a short break over the summer, and we hope you were able to unplug as well.

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U.S. adults using mostly cash drops sharply

Payments Dive

Affluence and age significantly affect whether people choose to use cash for purchases, according to the latest Gallup poll on cash use in the U.S.

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Novo Banks on Faster Deposits & Apps to Gain Small Business Market Share

Fintech Labs Insights

Since we began publishing our digital challenger bank list , Novo has been the most popular choice (though recently, Mercury has surpassed it). Today, I thought I’d drop by Novo ’s website and see what’s fueling its success ( see also, our previous post , Sep 2021 ). The first thing you notice is the clear focus on small business banking. Unlike large commercial banks, where it takes a bit of poking around to find small business products, Novo is all business.

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Visa Token Service surpasses physical cards in circulation

The Paypers

US-based Visa ’s tokenisation service has surpassed the number of Visa physical cards in circulation as the company issued more than 4 billion network tokens worldwide.

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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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Digital News Desk – Summer 2022

Axway

We’re back with a new edition of the Digital News Desk! You may have noticed we took a short break over the summer, and we hope you were able to unplug as well.

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FedNow aims for September testing

Payments Dive

FedNow, an effort by the Federal Reserve Banks to speed up and modernize the U.S. payments system, is expected to launch as early as next May.

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FIS adds real-time payments, CBDC services

Payments Dive

The payments processor is pitching real-time payments and central bank digital currency services to countries and central banks to aid them in advancing their financial systems.

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Credit card interest rates reach record

Payments Dive

With the Federal Reserve pushing up interest rates to calm inflation, the average credit card interest rate is climbing, too, reaching a two-decade-plus record in August.

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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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Go slow on a CBDC, Nacha says

Payments Dive

The biggest payment system in the U.S. recommends limited implementation of a central bank digital currency if the Federal Reserve pursues that digital dollar.

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Fiserv buys LR2 Group

Payments Dive

The global payments processor said it paid $26 million to acquire the independent sales organization, which had been a long-time partner.

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Qatar Central Bank issues first license for iPay and Ooredoo

The Paypers

Qatar Central Bank has issued the first license for digital payments to two companies that provide electronic payment services – iPay and Ooredoo.

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Alibaba's Lazada announces plans to expand in Europe

The Paypers

Alibaba’s Lazada Group has announced it is preparing to launch into Europe, according to a Bloomberg report.

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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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Australia to invest USD 6.8 bln in cybersecurity

The Paypers

Australia has unveiled its 2022-23 federal budget, showing a strong commitment to cybersecurity, in which it plans to invest USD 6.8 billion.

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Taiwan's CTBC Bank partners Soft Space for tap-on-phone taxi payments

The Paypers

Taiwan-based CTBC Bank has partnered with Malaysian fintech Soft Space in order to launch a tap-on-phone payments system for taxi fares.

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Barriers to healthcare interoperability remain: here’s how to overcome them

Axway

The FHIR API standard, along with the ongoing rollout of the U.S. interoperability rule, has the potential to change the patient experience for the better.

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UK: strategy sprints for Open Banking revealed

The Paypers

The Strategic Working Group (SWG) under the Joint Regulatory Oversight Committee (JROC) has revealed its plans for a series of virtual thematic ‘strategy sprints’, according to Open Banking Expo.

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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.