Sat.May 11, 2024 - Fri.May 17, 2024

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Understanding POS Security: Protecting Your Business and Customer Data

VISTA InfoSec

According to the Identity Theft Resource Center’s (ITRC) 2023 Business Impact Report , 73% of small business owners in the US reported a cyber-attack within the previous year, underlining the growing popularity of small businesses as a target among malicious actors. Given this recent wave of cyberattacks, all small businesses must do their part to secure their Point of Sale (POS) systems from unauthorized parties.

PCI DSS 277
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From data to decisions: Five steps to making payments data work for you

Payments Next

By Roger Portela, Senior Director of Product, PayNearMe Every day, valuable data flows through your payments platform. But how it’s collected, where The post From data to decisions: Five steps to making payments data work for you first appeared on Payments NEXT.

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How digital wallets are reshaping the payments landscape

Payments Dive

Digital wallets have grown in popularity as consumers have become accustomed to the convenience and flexibility of contactless payments.

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ECB conducts first DLT trials for wholesale central bank money settlement

Finextra

The Eurosystem has begun the first of a series of trials to test the use of ditributed ledger technology (DLT) for the settlement of wholesale transactions in central bank money.

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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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Security and Compliance triumphs: Vodafone Idea Leads India with SOC 2 Type 2 Attestation

VISTA InfoSec

In May 2024, Vodafone Idea (Vi) became the first Indian telecommunications company to achieve the SOC2 (Service Organization Control 2) Type II Attestation. This accomplishment not only underscores the company’s commitment to stringent security standards but also sets a benchmark for the entire industry. The attestation was conducted by VISTA InfoSec , a global Information Security Consulting firm with offices based in the US, UK, Singapore, and India specializing in GDPR, PCI DSS, HIPAA

PCI DSS 279
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Grab’s Digibank Deposits Reach US$479M, Driven by Growth of Malaysia’s GXBank

Fintech News

Singaporean multinational technology company Grab Holdings released its unaudited financial results for the first quarter ended 31 March 2024, revealing a significant increase in customer deposits in its digital bank business. Deposits from customers in Grab’s digital bank business were US$479 million at the end of the first quarter 2024. This is a substantial growth from US$36 million in the same period last year and US$374 million in the prior quarter.

Non-Bank 135

More Trending

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Visa unveils suite of new products for the digital age

Finextra

Visa has unveiled a suite of new digital-first products and services that it claims will revolutionise the card and address the future needs of businesses, merchants and consumers and the financial institutions that serve them

Product 137
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Unlocking the financial data ‘treasure trove’

Bank Automation

AI and generative AI applications continue to dominate conversations within the financial services industry, but implementing generative AI is near impossible if bank data isn’t standardized and accessible. What makes good data?

AI 128
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Visa Reveals Digital Products to be Launched Over the Year Catering to Evolving Consumer Demands

The Fintech Times

Consumer payment preferences are constantly evolving, meaning firms need to adapt to cater to these needs. At the Visa Payments Forum in San Francisco, Visa has unveiled new products which will address the evolving consumer payments demands. Jack Forestell, chief product and strategy officer, Visa “The industry is at a pivotal point – new technologies like Gen AI are rapidly shifting how we shop and manage our finances,” said Jack Forestell , chief product and strategy officer, Visa.

Product 128
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Fed, OCC to hold meeting on Capital One-Discover deal

Payments Dive

Concerns about the $35B merger proposal, which has already faced opposition, are likely to surface again at the July public meeting.

OCC 158
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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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Kima bids to build a 'DeFi credit card’

Finextra

Israeli startup Kima is running a project with Mastercard's FinSec Innovation Lab to connect decentralised finance (DeFi) applications with fiat systems.

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BIS’ Project Agorá Opens to Private Sector for Tokenised Cross-Border Payments

Fintech News

Project Agorá, an initiative by the Bank for International Settlements (BIS) alongside major central banks and the Institute of International Finance (IIF), is moving forward and inviting private sector involvement. The project aims to explore how tokenisation can improve wholesale cross-border payments. Private sector financial institutions are encouraged to apply for participation in Project Agorá and the application window is open until 31 May 2024.

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Small business clients look to Chase for data insights

Bank Automation

Small business clients looking to make data-driven business decisions within their operations don’t always know how to tap into their data, but JPMorgan Chase has created a solution to deliver these insights.

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Standard Chartered Utilises Blockchain for Cross-Border Transactions Between Hong Kong and Singapore

The Fintech Times

Standard Chartered , the international cross-border bank, has become the first Euro settlement bank to go live on Partior, the global unified ledger market infrastructure, and has completed Euro-denominated cross-border transactions between Hong Kong and Singapore. The news comes less than two years after Standard Chartered’s investment in Partior in November 2022, which made the bank a founding shareholder in the platform.

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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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French payments app Lydia launches mobile bank

Finextra

French mobile payments app Lydia has launched a new challenger bank proposition with plans to invest €100 million in the new venture and hire 400 people over the next three years.

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Tenity and XDC Network Launch Accelerator for Early-Stage Blockchain Startups

Fintech News

Tenity, an innovation ecosystem specialising in early-stage fintech startups, has partnered with XDC Network to introduce a new accelerator programme aimed at revolutionising the US$28 trillion global trade industry. The 12-week XDC Accelerator Programme invites startups to develop solutions using XDC Network’s advanced blockchain technology. This initiative targets startups that are working on Real World Asset Tokenisation (RWA), Trade Finance, Decentralised Physical Infrastructure (DePIN

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Shift4 to buy rival POS firm Revel for $250M

Payments Dive

The payments processing company plans to incorporate Revel’s point-of-sale capabilities into its SkyTab POS system, Shift4 CEO Jared Isaacson said.

Process 117
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Temenos Launches Generative AI Solutions to Help Banks Enhance Efficiency and Boost Profitability

The Fintech Times

Temenos , the SaaS cloud banking solution provider, has launched new generative AI solutions as part of its AI-infused banking platform, in a move hoping to change how banks interact with their data, as well as boost productivity and profitability. Leveraging Temenos generative AI, users can engage in natural language queries to generate unique insights and reports, significantly reducing the time it takes for business stakeholders to access and unlock the power of crucial data.

AI 121
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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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Mastercard picks new batch of crypto and blockchain Start Path firms

Finextra

Mastercard has welcomed five new firms to its Start Path startup programme specifically for firms in the cryptocurrency and blockchain space.

Visa 145
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Southeast Asia Shows Strong Interest in “Degen” Crypto Tokens

Fintech News

The Philippines has been uncovered to be the leading country in Southeast Asia showcasing overall interest in degen crypto and small cap cryptocurrency tokens, according to an extensive recent update from crypto resource platform CoinGecko. The research study released by CoinGecko has reportedly examined total visits by country to GeckoTerminal, DEX Screener, and DEXTools from April 2023 to March 2024, based on Similarweb data.

Caps 128
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AI, Digital Disruption, and Climate Change: Challenges and Opportunities in Insurtech

Finovate

The week begins with a few research-related announcements in the fintech and financial services space. CB Insights announced the availability of its State of Insurtech report for the first quarter of 2024, and the Federal Reserve Board issued a summary of climate risk resiliences exercises conducted recently by a handful of big banks. While the focus on this column in on the former, the publication of the latter shines some light on potential answers to the problems raised in CB Insights’

AI 119
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Digital wallets: A treasure trove of opportunity or risk?

The Payments Association

Digital wallets are rapidly evolving, increasingly centralising essential personal functionalities like payments, identity verification, and data control, highlighting both immense potential and significant risks.

Risk 100
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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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Broadridge to offer JPM Coin as settlement mechanism for DLR platform

Finextra

JP Morgan has struck a deal to offer its JPM Coin digital token as a settlement mechanism for Broadridge's DLR (Distributed Ledger Repo) platform.

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Ripple Renews Partnership With Morgan State University to Support Blockchain Innovators Across HBCUs

The Fintech Times

Ripple , the global payments and financial solutions provider, is accelerating blockchain education in the US as its University Blockchain Research Initiative (UBRI) renews its $1.05million partnership with Morgan State University to support blockchain innovators across America’s Historically Black Colleges and Universities (HBCUs). Over the last six years, the Ripple UBRI has helped put in place a vital foundation and learning environment for the next generation of blockchain engineers.

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Open Banking Progresses in Southeast Asia

Fintech News

The open banking landscape in Southeast Asia is witnessing significant advancements and initiatives. Financial institutions are increasingly acknowledging the benefits of open banking, fintech startups are embracing application programming interfaces (APIs) to introduce new solutions, and consumers are adopting digital financial services at a fast pace, a new whitepaper by Appsynth, a Thai digital innovation consultancy, and Brankas, an open finance startup headquartered in Singapore, says.

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The Vibrant Growth of Fintech in Spain

Fintech Review

All the signs are pointing in the right direction. Spain could be the next European fintech heavyweight. Spain, historically rich in culture, art, and architecture, is now making its mark in another domain: Fintech. The Spanish ecosystem, although relatively younger compared to hubs like London or New York , is growing at an impressive pace. The numbers speak for themselves: In 2023, deal activity in the Spanish fintech sector outpaced the broader European market.

FinTech 111
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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 passes Digital ID Bill

Finextra

The Australian Government has passed the Digital ID Bill 2024 and Digital ID (Transitional and Consequential Provisions) Bill 2024.

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Klarna Celebrates High Levels of AI Adoption Across Communications, Marketing and Legal Teams

The Fintech Times

Harnessing innovative technology in all facets of work is crucial to setting a company apart from its competitors. Celebrating another milestone in harnessing an innovative technology, namely generative artificial intelligence (gen AI), Klarna , the AI-powered global payments network has hit 87 per cent gen AI adoption rates among employees. Sebastian Siemiatkowski, co-founder and CEO, Klarna “We push everyone to test, test, test and explore,” said Sebastian Siemiatkowski , CEO and co-founder at

Legal 115
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Payments findings: Key data on leaders’ priorities for 2024

The Payments Association

A survey from nearly 6,000 PAY360 pre-registrants reveal the strategic outlook, challenges, and opportunities identified by leaders in the payments industry.

Payments 100
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Fed bombarded by debit card fee commentary

Payments Dive

The Federal Reserve Board said it has received some 2,500 comment letters regarding its Regulation II proposal to cut the fees that merchants are charged when they accept debit cards.

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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.