Payments Dive

NOVEMBER 12, 2024

Debit and credit card users under 40 years old are more likely than older peers to experience fraud in making payments, a recent J.D. Power survey found.

Credit Cards 173

Credit Cards Payments 173

Finextra

NOVEMBER 11, 2024

Travelex, a market leading foreign exchange brand, has launched a major refresh of its international ATM estate, replacing the hardware and software of its entire portfolio of 600 ATMs across eight countries.

ATM 145

ATM 145

PayPal

NOVEMBER 14, 2024

PayPal customers can collect and manage funds with friends and family for things like group gifts, travel, special events, and more in the PayPal app.

PayPal 137

PayPal Innovation 137

Fintech News

NOVEMBER 13, 2024

Cake by VPBank, a Vietnamese digital bank, has collaborated with Visa to launch a cloud-based card management system (CMS). The system, built on Google Cloud infrastructure and using Visa Cloud Connect, integrates with Visa’s global payment network. The CMS aims to enhance payment processing in Vietnam by leveraging cloud infrastructure, allowing for secure and streamlined operations.

Financial Inclusion 118

Financial Inclusion Debit Card Credit Cards Payment Networks 118

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

NOVEMBER 10, 2024

In a new report, the card network detailed cyber schemes and scams that have led it to invest $11 billion over the past five years in improving its systems.

Scams 186

Scams 186

Fintech Finance

NOVEMBER 13, 2024

Blink Payment , a UK paytech platform that offers businesses seamless digital payment solutions, today announces its entry into B2B fashion payments through integration with ERP Zedonk , in a move that will enable more than 1,000 leading fashion brands and showrooms to streamline their buyer payments. Zedonk currently services over 1,000 brands and showrooms across 45 countries, many of whom distribute their products to individual retailers.

B2B 105

B2B Reconciliation Payments Payment Reconciliation 105

Fintech News

NOVEMBER 13, 2024

Mastercard announced plans to revamp online checkout procedures by 2030, aiming to eliminate manual card entry and passwords. Citing concerns about online fraud, which occurs at seven times the rate of in-store fraud, Mastercard proposes a system that relies on tokenisation and biometric authentication, such as fingerprints and facial recognition. This approach also seeks to address issues like cumbersome checkout processes, which currently lead to a 25% cart abandonment rate.

Visa 138

Visa Authentication Issuers Encryption 138

Payments Dive

NOVEMBER 15, 2024

The card network has documented a spike in online fraud, and contends that numberless cards will reduce such wrongdoing.

Visa 179

Visa 179

Finextra

NOVEMBER 13, 2024

Mastercard has set itself the target of using tokenisation and biometrics to eliminate manual card entry, passwords and one-time codes for online purchases by 2030.

Visa 131

Visa 131

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Use Case

Fintech Finance

NOVEMBER 13, 2024

Aryza Group , a leading provider of financial software solutions, has announced the expansion of its partnership with GoCardless , a global bank payment company. This collaboration transforms the existing technology relationship into a comprehensive partnership that includes an introducer agreement across all Aryza platforms globally. Since becoming a technology partner in 2022, GoCardless has played a vital role in Aryza’s payment solutions.

Payment Solutions 98

Payment Solutions Payments Agreements On-Demand 98

Fintech News

NOVEMBER 11, 2024

Digital financial services (DFS) in Southeast Asia (SEA) are experiencing a remarkable growth trajectory, with projected revenues soaring by 22% from US$22 billion in 2022 to US$33 billion in 2024, a new report by Google, Temasek and Bain and Company says. The annual e-Conomy SEA report explores the trends and insights of the five mainstay digital sectors in SEA, namely e-commerce, travel, food and transport, online media, and DFS.

NOV 133

NOV Non-Bank Debit Card Cross-Border Payments 133

Payments Dive

NOVEMBER 13, 2024

The buy now, pay later company announced Tuesday it had filed confidentially with the Securities and Exchange Commission for an initial public offering.

Security 148

Security 148

Finextra

NOVEMBER 11, 2024

The Reserve Bank of Australia is calling on industry players to take part in the experimental research phase of a project exploring the development of a wholesale CBDC and tokenised bank deposits.

CBDC 128

CBDC Participant Research 128

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 Finance

NOVEMBER 12, 2024

Mirakl , the leading provider of eCommerce software solutions, has chosen Mangopay’s modular payment technology to power its Mirakl Payout solution in Europe. Through this collaboration, Mirakl Payout integrates Mangopay’s e-wallet technology and know-your-business (KYB) capabilities, enhancing marketplace payouts. Mirakl Payout streamlines payment operations for Mirakl customers, providing a fully automated, transparent solution for managing complex payment flows, including seller onboarding,

Facilitators 107

Facilitators Volume Transactions Compliance 107

Fintech News

NOVEMBER 12, 2024

Dr. Sethaput Suthiwartnarueput, Governor of the Bank of Thailand , recently addressed the Singapore Fintech Festival, sharing insights on Thailand’s advancements in digital finance. He emphasized the country’s successful implementation of the PromptPay system and QR code standards, which have significantly broadened access to digital payments while prioritizing security.

Cross-Border Payments 113

Cross-Border Payments Cross-Border Payment Initiation Cross-Border Settlement 113

The Fintech Times

NOVEMBER 12, 2024

The mastermind behind the accelerator programme Base Camp, Outlier Ventures , the Web3 accelerator, has announced that Bando , Berry Investing , Fact Finance , Loula and IDENTI will be taking part in its Latin America (LatAm) edition. The LatAm Base Camp is an inaugural accelerator programme dedicated to partnering with Web3 startups in Latin America.

Stablecoins 101

Stablecoins Cross-Border Financial Inclusion Underserved 101

Finextra

NOVEMBER 12, 2024

Visa has joined forces with Affirm to bring its 'flexible credential' technology to the US via a card that can toggle between debit and BNPL payment options.

BNPL 124

BNPL Credential Payments Technology 124

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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.

Payments

Fintech Finance

NOVEMBER 14, 2024

Unlimit , the global fintech company, has today announced its partnership with Pagaloop , a prominent Latin American B2B payments and cash flow management platform. The partnership will focus on strengthening the Pagaloop app’s credit and debit card processing capabilities and ensuring high approval rates to facilitate the company’s continued expansion in the region.

Credit Cards 96

Credit Cards Debit Card Payroll Economy 96

Fintech News

NOVEMBER 10, 2024

The payment ecosystem is grappling with a rapidly evolving fraud landscape, characterized by a sharp rise in purchase return authorization (PRA) attacks, increasingly sophisticated ransomware schemes and the growing misuse of artificial intelligence (AI) by cybercriminals, a new report by Visa Payment Fraud Disruption (PFD) says. The State of Scams: Fall 2024 Biannual Threats Report, released end of October, highlights emerging threats and scams targeting the payment ecosystem, emphasizing the h

Ransomware 108

Ransomware Scams Data Breach AI 108

The Payments Association

NOVEMBER 12, 2024

What is this article about? Whether financial institutions should build or buy financial crime management systems. Why is it important? The choice affects compliance, efficiency, and fraud prevention capabilities. What’s next? Institutions may lean toward hybrid solutions to balance customisation with vendor support. As Financial crime grows increasingly complex, payment leaders face a critical choice: build an in-house financial crime management (FCM) solution or buy an established third-

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Compliance 88

Finextra

NOVEMBER 12, 2024

UK financial regulators have confirmed new rules to bolster the resilience of technology and other third parties providing key services to financial firms.

Rules 124

Rules Regulations Technology 124

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

Fintech Finance

NOVEMBER 13, 2024

Mastercard today announced its vision to transform online shopping by 2030. Imagine a future where no physical card numbers are needed for purchases. Where passwords or one-time codes are obsolete, and secure on-device biometrics allow seamless authentication across devices and websites, ensuring personal data stays on the device. This vision is already becoming a reality today in major markets and is poised to become ubiquitous within a few short years.

Visa 98

Visa Authentication Payments Issuers 98

Fintech News

NOVEMBER 13, 2024

Payment giant Visa announced its commitment to supporting digital creators by recognising them as small businesses at the Web Summit in Lisbon. This provides creators with access to Visa’s financial tools, resources, and products, including business cards, payment controls, and programmes like Practical Business Skills, previously only available to traditional small businesses.

Small Business 119

Small Business Financial Literacy Debit Card Real Time Payments 119

Basis Theory

NOVEMBER 12, 2024

Historically, data security has been treated as featureless and burdensome—but a necessary expense incurred by organizations. Tokenization, however, has reframed the conversation, leading to an explosion in its usage. Today, we can tokenize anything from credit card primary account numbers (PAN) to one-time debit card transactions or social security numbers.

Encryption 88

Encryption Payment APIs and Integration PCI DSS Returns 88

Finextra

NOVEMBER 14, 2024

SG-Forge, the digital asset division of French bank Societe Generale is deploying its Euro-based stablecoin on the XRP Ledger (XRPL).

Stablecoins 122

Stablecoins 122

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Fintech Finance

NOVEMBER 14, 2024

Mollie , one of Europe’s fastest-growing financial service providers, today announces its official launch in Italy, marking a significant milestone in its mission to make payments and money management effortless for every business in Europe. The expansion will enable Italian businesses to access a single platform designed to simplify payment processing, reporting and fraud prevention.

Payment Solutions 98

Payment Solutions Cross-Border Payments Fraud Prevention 98

Fintech News

NOVEMBER 12, 2024

SCB 10X, a subsidiary of SCBX Group, has launched Rubie Wallet, a digital wallet specifically designed for international visitors attending Devcon 2024 and related side events in Bangkok. Rubie Wallet marks Thailand’s first implementation of Purpose-Bound Money (PBM), introduced under the regulatory sandbox framework established by the Bank of Thailand (BOT) and the Securities and Exchange Commission (SEC).

Stablecoins 112

Stablecoins Bots Financial Inclusion Payments 112

Stax

NOVEMBER 14, 2024

Credit card processing can be overwhelming, expensive, and confusing. And yet, accepting non-cash forms of payments is more or less required to operate a modern business, at least in the U.S. Credit, debit, and digital payments have far and away become the most popular payment method. Cash has dropped to less than 20% of all US payments in recent years.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88