VISTA InfoSec

MARCH 5, 2024

In the ever-evolving landscape of data security, staying updated with the latest standards and regulations is crucial. The Payment Card Industry Data Security Standard (PCI DSS) is no exception. With the recent release of PCI DSS v4.0, there have been significant updates and changes that organizations need to be aware of. This blog post will delve into one such critical area – Requirement 9: Restrict Physical Access to Cardholder Data.

PCI DSS 147

PCI DSS Procedures Assessments Checks 147

Open Banking Excellence

MARCH 5, 2024

A convergence of regulations and market developments this year are providing the building blocks that could put the Open Banking ecosystem on a more sustainable path for growth. With the Joint Regulatory Oversight Committee (JROC) laying the foundation to unshackle Open Banking Limited from the Competition and Markets Authority order, this will enable a more viable funding model and help transform Open Banking into Open Finance, says Stephen Wright, Open Banking Lead at NatWest.

Innovation 147

Innovation Payment APIs and Integration Push-to-Card Use Case 147

Payments Dive

MARCH 4, 2024

Federal regulators reviewing whistleblower allegations related to Block’s Cash App may act on the complaints this year, predicted an attorney for the complainants.

Blocks 177

Blocks Regulations 177

Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services. This is particularly prevalent in developing markets, while in more mature markets, commercial banks often fall short in delivering a personalised and streamlined digital experi

Online and Mobile Banking 135

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 135

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

PCI Security Standards

MARCH 6, 2024

We are pleased to welcome the newest organizations that have joined as Associate Participating Organizations of the PCI Security Standards Council (PCI SSC). These organizations play a crucial role in supporting the evolution of the PCI Security Standards and programs and promoting the implementation of PCI Security Standards worldwide to protect payment data.

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Participant Payments Data Security Payments 109

The Fintech Times

MARCH 5, 2024

Artificial intelligence (AI) has become one of the hottest topics in fintech, resulting in many organisations looking to get involved in the space. However, research from Capgemini , the tech consulting and information firm, found only six per cent of retail banks have established an enterprise-wide roadmap for the use of generative AI (gen AI) capabilities at scale.

AI 128

AI Fraud Detection Automation APACS 128

Finextra

MARCH 7, 2024

The Hong Kong Monetary Authority (HKMA) has kicked off a new wholesale central bank digital currency (wCBDC) project to render support to the development of the tokenisation market in the territory.

CBDC 124

CBDC Digital Currency Central Bank Authorization 124

TechCrunch Fintech

MARCH 3, 2024

Welcome to TechCrunch Fintech (formerly The Interchange)! Apologies for being out last week — a cold got the best of me, but I’m back and here to talk about the fact that shutting down startups is big business, Stripe’s new valuation, Klarna’s latest AI update and more. To get a roundup of TechCrunch’s biggest and […] © 2024 TechCrunch. All rights reserved.

AI 124

AI FinTech 124

The Fintech Times

MARCH 4, 2024

Compliance remains one of the biggest challenges in the financial industry for firms of all sizes across the globe. With rules and regulations constantly changing, many banks and other financial institutions are falling victim to not keeping up. The regulatory minefield can be too much to contend with, particularly for new firms entering the space for the first time.

Due Diligence 127

Due Diligence Money Laundering Risk Regulations 127

Payments Dive

MARCH 6, 2024

The card network and the cross-border payments company are developing an international payment system that could be used in disaster situations.

Cross-Border Payments 166

Cross-Border Payments Cross-Border International Payments Payments 166

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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?

Use Case

PayPal

MARCH 7, 2024

Tap to Pay enables businesses to accept contactless card and digital wallet payments directly on their iPhones with no additional cost or hardware.

Venmo 124

Venmo PayPal Payments 124

BlueSnap

MARCH 4, 2024

Effective invoice payment processing is crucial for your business’s financial stability and healthy cash flow, yet so many companies still grapple with delayed payments, inefficient processes and the risk of funds stalling in collections. The post 5 Essential Tools for Invoice Payment Processing appeared first on BlueSnap.

Process 117

Process Payments Risk Posting 117

Finextra

MARCH 4, 2024

American Express is writing to customers warning them that their account information may have been compromised in a data breach at a third party service provider.

Data Breach 119

Data Breach Breach Third-Party Service Provider Compromise 119

Payments Dive

MARCH 5, 2024

The mega processor has signed up 200 banks for FedNow, but now its clients are in search of use cases.

FedNow 174

FedNow Processors Use Case 174

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 Review

MARCH 5, 2024

By Chirag Shah, founder and CEO of Nucleus Commercial Finance and Pulse.io The fintech landscape has changed dramatically during the last five years, primarily due to the developments in artificial intelligence (AI) and machine learning (ML). The change has happened rapidly, revolutionising how financial services operate, including customer engagement and decision-making, across all regions of the financial sector – from front-end interactions to back-end processes.

AI 105

AI FinTech Advisors On-Demand 105

Fintech News

MARCH 6, 2024

In celebration of this year’s International Women’s Day on 8 March, the Fintech News Network is unveiling its selection of ten of the most influential female fintech leaders in Asia Pacific (APAC). These trailblazers are elevating the industry, demonstrating resilience and leadership in the ever-evolving fintech landscape. Their influence goes beyond their own organisations, significantly impacting the fintech sector across the entire APAC region.

APACS 113

APACS FinTech Online and Mobile Banking Multi-Currency 113

Finextra

MARCH 3, 2024

Paytm's banking business has been fined 55 million rupees (about $663,000) by an Indian regulator on money laundering charges.

Money Laundering 128

Money Laundering Regulations 128

Payments Dive

MARCH 5, 2024

The point-of-sale attack on a merchant processor may have compromised card numbers, expiration dates and cardholder names, Amex said in a state regulatory filing.

Processors 165

Processors Compromise 165

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Payments

TechCrunch Fintech

MARCH 5, 2024

London-based fintech company Monzo raised a late stage funding round of $430 million (£340 million), confirming a report from the Financial Times from a few weeks ago. Following this round, the company has reached a post-money valuation of $5 billion (£4 billion). Founded in 2015, Monzo provides UK current accounts, debit cards and several financial […] © 2024 TechCrunch.

Debit Card 101

Debit Card FinTech Accounts Posting 101

Chargebee

MARCH 6, 2024

Chargebee’s annual user conference, beelieve, buzzed with excitement as it brought together trailblazers and innovators from the subscription and revenue growth industry. One of the highlights of the event was the Beelievers Awards, a prestigious recognition celebrating visionary leaders and organizations that are shaping the future of the subscription landscape.

Innovation 100

Innovation 100

Finextra

MARCH 8, 2024

Sam Altman’s cryptocurrency outfit Worldcoin has been told by Spain to stop collecting and using people's personal data.

Blocks 124

Blocks Cryptocurrency 124

Payments Dive

MARCH 7, 2024

With its acquisition of the card network, Capital One seeks to elevate Discover’s brand while also working to expand its acceptance abroad.

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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

FloQast

MARCH 6, 2024

As we commemorate Women’s History Month this March, it’s an opportune time to reflect on the challenges and triumphs of women in various fields, including accounting. In this spirit, FloQast is excited to present an enlightening webinar titled “ Women Taking the Wheel: Driving Accounting Forward During Women’s History Month ,” hosted by accounting industry leader Katie Thomas, CPA.

Accounts 105

Accounts On-Demand Facilitators Addressing 105

Fintech News

MARCH 7, 2024

Thailand-based insurtech startup Sunday has successfully acquired a 99% stake in PT KSK Insurance Indonesia, a general insurer, according to DealStreetAsia. This strategic acquisition has been greenlit by Indonesia’s Financial Services Authority (OJK), though the financial specifics of the deal remain undisclosed. Established in 2017, Sunday leverages artificial intelligence and digital platforms to craft and deliver insurance solutions tailored to meet a wide array of individual and business ne

Returns 109

Returns Participant Authorization Acquirers 109

Finezza

MARCH 4, 2024

The rapid transformation of the financial sector demands innovative digital solutions. To keep up with the pace, lenders are seeking cutting-edge solutions to help deal with modern challenges, such as identity thefts, while ensuring seamless user experiences. Virtual credit cards (VCCs) have emerged as a transformative tool. They offer a solution to the safety problem […] The post How Do Virtual Credit Card Numbers Work: Implications for Lenders appeared first on Finezza Blog.

Credit Cards 98

Credit Cards Identity Theft On-Demand Innovation 98

Payments Dive

MARCH 5, 2024

The Consumer Financial Protection Bureau finalized a rule that sets a “threshold” of $8 for late fees that can be imposed by large credit card issuers, and eliminates automatic inflation increases.

Credit Cards 97

Credit Cards Card Issuer CFPB Issuers 97

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AI

Finovate

MARCH 7, 2024

Currencycloud was offered In-Principle Approval to serve as a Major Payment Institution license holder in Singapore. If granted the license, Currencycloud will be able to offer its full suite of intra-regional and international money movement services to Singapore businesses. “Having the license would allow us to integrate with the robust financial network in Singapore and collaborate with valuable industry players,” said the company’s Managing Director of APAC Rohit Narang.

Multi-Currency 97

Multi-Currency Cross-Border APACS Cross-Border Payments 97

Fintech News

MARCH 3, 2024

More than 61,000 Singaporean bank accounts have utilised the “Money Lock” feature since its launch in November 2023, with over S$5.4 billion set aside for protection against digital theft. Alvin Tan, Minister of State for the Ministry of Trade and Industry and the Ministry of Culture, Community and Youth, as well as a board member of the Monetary Authority of Singapore (MAS) , shared this update during a recent parliament sitting.

Scams 107

Scams Non-Bank Authorization Security 107

The Fintech Times

MARCH 6, 2024

Currencycloud, a Visa solution, is granted preliminary approval for a major payment licence from the Monetary Authority of Singapore (MAS). The in-principle approval (IPA) for a major payment institution (MPI) licence means Currenycloud can offer customers based in Asia Pacific the ability to collect, convert, hold, send, and spend multiple currencies simultaneously across 180 countries and territories.

Cross-Border Payments 97

Cross-Border Payments Cross-Border Facilitators Multi-Currency 97

Payments Dive

MARCH 4, 2024

A Mastercard executive painted Regulation II as potentially harmful to consumers, while Fiserv’s CEO said it was an appropriate update due to the rise of online transactions.

Regulations 88

Regulations Visa Transactions Consumer 88

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