Payments Dive

JULY 25, 2024

Forcing banks to reimburse authorized payments could encourage bad behavior and would not deter scammers, bank executives said in a Senate hearing.

Zelle 179

Zelle Scams Authorization Payments 179

PCI Security Standards

JULY 24, 2024

Prepare to immerse yourself in a world of innovation and expertise as the PCI SSC Community Meetings unite the foremost thinkers in payment security. Welcoming individuals from all corners of the payments industry, we invite anyone in the payment space to register and seize the chance to explore cutting-edge advancements, exchange insights, and enhance their understanding of global payment security.

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Payments Payment Security Global Payments Security 117

The Payments Association

JULY 23, 2024

Privat 3 Money introduces a multi-currency account in collaboration with ClearBank, enabling seamless transactions in EUR, USD, CHF, and CAD under a single IBAN. Key features include simplified international transactions, user-friendly FX solutions, and API-driven technology for enhanced control. This service is ideal for travellers, online shoppers, and businesses navigating global markets.

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Multi-Currency IBAN Accounts Debit Card 117

Bank Automation

JULY 25, 2024

BNP Paribas is investing in AI, cloud infrastructure and cyber security as part of its modernization efforts. “The second quarter marked the continuation of our ambitious but disciplined development within AI,” Chief Financial Officer Lars Machenil said during the bank’s earnings call on July 24.

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Use Case AI Automation Continuity 128

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

JULY 22, 2024

Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu.

Card Issuer 158

Card Issuer Cybersecurity Visa Issuers 158

Finextra

JULY 23, 2024

Tim Berners-Lee is eying the next phase of the web as his company Inrupt launches a white-label "data wallet" that lets people store, manage and share their data.

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Bank Automation

JULY 25, 2024

Lloyds Bank is looking to modernize its platform through AI and beefing up its tech team. “By digitizing end to end and modernizing our technology estate, we’re increasing efficiency benefits as we scale,” Chief Executive Charlie Nunn said during the bank’s second-quarter earnings call today.

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AI Technology 124

Payments Dive

JULY 22, 2024

Embracing secondary-credit offers enables retailers to offer credit to customers who have less-than-perfect credit, otherwise known as nonprime consumers.

Finance 148

Finance Consumer 148

Finextra

JULY 23, 2024

The Federal Trade Commission is investigating how companies including Mastercard and JPMorgan Chase use AI and personal data for services that let firms set different prices for different people.

Federal Trade Commission 119

Federal Trade Commission FTC Visa AI 119

Fintech News

JULY 23, 2024

HSBC and the Singapore Business Federation (SBF) signed a Memorandum of Understanding (MOU) to help Singapore businesses explore growth opportunities in key trade corridors such as the Greater Bay Area, India, and the Middle East. The agreement aims to leverage HSBC ‘s global network and range of solutions to support local businesses in their sustainable transition and international expansion.

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Agreements FinTech Finance Posting 115

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Bank Automation

JULY 26, 2024

Chicago-based Alliant Credit Union has selected Jamie Warder as its chief information officer and head of business strategy, effective July 8. In his new role, Warder is responsible for the technology and business strategy at the $20 billion credit union, according to a company release.

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Credit Union Technology Posting Compliance 123

Payments Dive

JULY 24, 2024

The payments behemoth says its data team will use AI to mine transactions on its products to help merchants and financial institutions profit.

AI 148

AI Transactions Product Payments 148

Fintech Review

JULY 24, 2024

In emerging markets, fintech is profoundly transforming financial services. These markets, often characterised by underdeveloped financial infrastructure , benefit significantly from fintech innovations. This article delves into how fintech is reshaping financial services in these regions. We will explore success stories, the pivotal role of mobile money , and the unique challenges faced.

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FinTech Online and Mobile Banking Financial Literacy Financial Inclusion 105

Fintech News

JULY 24, 2024

Broadridge Financial Solutions has named David Runacres as President of its Asia-Pacific (APAC) operations. Based in Tokyo, Runacres will oversee the company’s regional activities and also serve as Senior Country Officer for Japan, a key market for Broadridge ‘s growth strategy. Runacres comes from the London Stock Exchange Group (LSEG), where he led the Japan division for 12 years.

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APACS Client Management Innovation FinTech 116

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

Finextra

JULY 23, 2024

Following its successful entrance in other EU nations, Mintos, the multi-asset investment platform offering a unique mix of alternative and traditional investment options, continues its European rollout by making its official debut in the Portuguese investment market.

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Continuity 105

Payments Dive

JULY 26, 2024

“Interfaces need to be standardized to ensure a consistent and reliable payment experience for businesses and consumers,” writes one payments software executive.

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FedNow Consumer Payments 113

Fintech Finance

JULY 25, 2024

Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over the last couple of years. Corporate payment approvals completed via the CashPro App surpassed a record $500 billion as of the middle of this year – up nearly 40% compared to the middle of last year – and are on pace to reach a trillion dollars by the end of 2024.

Online and Mobile Banking 105

Online and Mobile Banking Payment APIs and Integration Payments Volume 105

Fintech News

JULY 22, 2024

Indonesian fintech company Flip has named Pratyush Prasanna as its new Group CEO. Prasanna, who joined Flip last year as Managing Director, will now steer the company through its next phase of growth and innovation. He brings a wealth of experience from his previous roles, including Head of Merchant Payments at GoTo Financial and leadership positions at Poynt and Paytm.

FinTech 112

FinTech Blocks Innovation Continuity 112

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Payments

The Fintech Times

JULY 20, 2024

The Hong Kong Monetary Authority (HKMA) has revealed the participants for its stablecoin issuer sandbox, which will be able to test plans to issue a stablecoin in Hong Kong. Launched by HKMA in March 2024, the stablecoin issuer sandbox is part of the regulator’s efforts to facilitate responsible development of the stablecoin ecosystem in Hong Kong.

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Stablecoins Participant Cross-Border Issuers 105

Payments Dive

JULY 25, 2024

Open finance is transforming payments – here’s what financial institutions need to know.

Finance 148

Finance Payments 148

Finextra

JULY 23, 2024

Blackhawk Network (BHN) and Mastercard Announce Global Environmental Sustainability Initiative Mastercard, BHN transitioning open-loop prepaid cards supplied to third party retail networks from plastic to paper-based materials

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Visa 98

Fintech News

JULY 24, 2024

The financial sector is on the edge of a major transformation powered by continuous technological advancements. At the recent Huawei HiFS Frontier Forum 2024 in Shenzhen, industry leaders discussed how cloud, network, storage, and computing infrastructures can strengthen financial systems’ resilience. The forum’s theme, “ Boost Resilience, Reshaping Smarter Finance Together ,” encapsulates the industry’s collective ambition to navigate the challenges of an uncertain

Finance 113

Finance Risk Mitigation Automation AI 113

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 Fintech Times

JULY 24, 2024

The ‘FutureTech World Cup’, a new initiative launched by Dubai AI & Web3 Festival and Trescon to recognise and support emerging tech startups, is now underway. On 10 July 2024, ten pre-qualified startups from across the globe pitched ideas to a panel of five jury members at the Dubai AI Campus. Three startups – Momint , Nettle and Orbii – advanced to the grand finale, set to take place on 11 to 12 September 2024, during the Dubai AI & Web3 Festival.

AI 104

AI Economy Innovation FinTech 104

Payments Dive

JULY 25, 2024

Nico Simko supports the Consumer Financial Protection Bureau’s recent rule proposal, and it may be a competitive advantage for him.

Rules 103

Rules CFPB Consumer 103

DeckCommerce

JULY 22, 2024

In retail, inventory accuracy is the name of the game. It's not just about knowing what's on your shelves; it's about ensuring what's in your system matches what's in your storeroom.

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Fintech News

JULY 23, 2024

ANEXT Bank, a digital wholesale bank based in Singapore and a subsidiary of Ant International, experienced a near 10% increase in losses in 2023, even as revenue grew almost sevenfold, according to DealStreetAsia’s analysis of regulatory filings. In its annual return filed with Singapore’s Accounting and Corporate Regulatory Authority (ACRA), ANEXT Bank reported a nearly sevenfold surge in net interest income to S$22.2 million (US$16.5 million) in the financial year ending 31 Decembe

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Central Bank Legal Returns Authorization 111

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TechCrunch Fintech

JULY 23, 2024

After doing some consulting for Microsoft to develop protections against zero-day exploits, software engineer Joran Dirk Greef worked with Coil, a web monetization startup in San Francisco, to help build its payments infrastructure. At the time, Coil was using a traditional database to store and process transactions. But Greef had the insight that a specialized […] © 2024 TechCrunch.

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Database Transactions Consulting Process 97

Payments Dive

JULY 23, 2024

The Federal Trade Commission demanded information from eight companies, including the card network, to better understand how consumer data is being used in the pricing of products and services.

Federal Trade Commission 88

Federal Trade Commission FTC Visa Product 88

Fintech Finance

JULY 25, 2024

Kasheesh , the first digital payment platform that allows anyone to split payment for online purchases anyway they want across multiple credit cards, today announces the launch of the Multi Use Card. Kasheesh’s Multi Use Card offers one, reusable card that can split purchases across up to five debit, credit cards, and gift cards by choosing a percentage for each.

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Debit Card Credit Cards Payments Credit Limit 107

Fintech News

JULY 22, 2024

Singapore-based multi-currency e-wallet YouTrip now allows users to transfer funds back to their bank accounts and link their accounts for top-ups. These features aim to enhance user flexibility and control. The new functionalities will be available to all users gradually over the next few days. Users can now withdraw funds to their bank accounts using their mobile number or NRIC linked to their YouTrip account.

Accounts 109

Accounts Multi-Currency Account Takeovers On-Demand 109

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