Payments Dive

SEPTEMBER 12, 2024

The acquisition is the latest in a series of cybersecurity firm purchases by the card network over the years.

Cybersecurity 195

Cybersecurity Acquirers Visa 195

Fintech News

SEPTEMBER 11, 2024

Swift, the global financial messaging network, is actively working to incorporate regulated digital assets and currencies onto its platform. Building on a series of successful experiments, Swift is advancing efforts to create practical solutions that will enable its members to transact seamlessly with digital assets. A key focus of these developments is testing multi-ledger Delivery-versus-Payment (DvP) and Payment-versus-Payment (PvP) transactions.

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Fintech Finance

SEPTEMBER 13, 2024

The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the release of its latest publication, Operational Considerations for Receiving Instant Payments. This comprehensive guideline provides essential insights and best practices for financial institutions (FIs) as they navigate the complex landscape of instant payments.

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Open Banking Excellence

SEPTEMBER 12, 2024

11-12th November 2024 Live Event Linkedin Twitter FTT Fintech Festival Join c-level executives, founders and technology leaders from across financial institutions, fintechs and technology providers as we explore the digital transformation of the financial services landscape. From their analysis of the macroeconomic context to the drivers of changing customer behaviour, their views will help set the scene for an ever-evolving industry.

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FinTech Embedded Finance AI Finance 130

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

SEPTEMBER 12, 2024

Real-time payments and open banking will drive the increase, forcing the shift even faster globally, a Capgemini report released this week said.

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Real Time Payments Payments 173

Fintech Finance

SEPTEMBER 9, 2024

Thunes , the Smart Superhighway for money movement around the world, is proud to welcome OJCS “Commercial Bank Kyrgyzstan” | MBANK as a Member of the Thunes Direct Global Network. This collaboration allows MBANK to connect businesses and individuals in Kyrgyzstan directly to over 7 billion mobile wallets and bank accounts around the world, to make payments in real-time in over 130 countries and 80 currencies in a faster, more convenient, and reliable way.

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Cross-Border Payments Cross-Border C2B Treasury Management 130

Finextra

SEPTEMBER 11, 2024

The number of card transactions in Europe is set to plummet by more than a third over the next three years, driven by the rise of account-to-account payments as ventures such as the EPI's new Wero wallet gain traction, claims a Capgemini report.

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Payments Dive

SEPTEMBER 9, 2024

How open finance enables efficient and secure technology, greater flexibility, and scalability.

Finance 144

Finance Security Payments Technology 144

Fintech News

SEPTEMBER 9, 2024

HSBC Holdings is reportedly considering a major overhaul of its operations, exploring the merger of its commercial and investment banking divisions, Bloomberg reports. This comes as new CEO Georges Elhedery explores plans to streamline operations by cutting layers of middle management This potential restructuring, spearheaded by Elhedery, aims to streamline the banking giant’s structure and eliminate redundancies, ultimately reducing costs.

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The Fintech Times

SEPTEMBER 11, 2024

Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-border payments market. The latest move by the National Bank of Ras Al Khaimah (RAKBANK) highlights this. RAKBANK has successfully exchanged a remittance using China’s digital Yuan (eCNY) in exchange for the Digital Dirham, the UAE’s CBDC. The cross-border payment was completed using the Central Bank of the UAE’s (CBUAE) mBridge platform and marks a significant step forward in the international

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Finextra

SEPTEMBER 12, 2024

Mastercard has struck a deal to buy threat intelligence specialist Recorded Future from private equity form Insight Partners for $2.

Visa 125

Visa 125

Open Banking

SEPTEMBER 9, 2024

Open Banking Limited (OBL) is pleased to announce that the Competition and Markets Authority (CMA) has officially confirmed the full completion of the final Roadmap for Open Banking. This milestone, building on the “substantial completion” announced in 2023, means that all nine banking providers mandated by the CMA under the Retail Banking Market Investigation Order (the CMA Order) have successfully completed the Roadmap and associated required functionality to offer the full suite o

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Fintech News

SEPTEMBER 9, 2024

Tokocrypto, a subsidiary of Binance , has obtained a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti). The PFAK license allows Tokocrypto to officially operate as a physical crypto asset trader. Tokocrypto’s user base has surpassed 4.5 million this year, with its average monthly trading volume increasing by 138%, reflecting steady growth and trust in the platform.

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Web 3.0 Regulations Regulatory Compliance Volume 124

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

PCI Security Standards

SEPTEMBER 9, 2024

The PCI Security Standards Council (PCI SSC) has published a new Information Supplement:  PCI DSS Scoping and Segmentation Guidance for Modern Network Architectures. This document was produced by the 2023 Special Interest Group (SIG), the members of which provided their extensive payment security expertise and technical knowledge around best practices, guidance, and real-world scenarios for applying PCI DSS scoping and segmentation techniques in a variety of modern network architectures.

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PCI DSS Best Practices Payment Security Security 119

Finextra

SEPTEMBER 8, 2024

Google, Visa and Nubank are among the big names selected to take part on the second round pilots for Brazil's Drex CBDC project.

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CBDC 124

TechCrunch Fintech

SEPTEMBER 11, 2024

Paymob has evolved into an omnichannel gateway offering over 50 methods for offline and online payments to more than 350,000+ merchants. © 2024 TechCrunch. All rights reserved. For personal use only.

Gateways 111

Gateways Payments FinTech 111

Fintech News

SEPTEMBER 8, 2024

Krom Bank, a youth-focused Indonesian digital bank that is a part of Kredivo Group , is utilising Amazon Web Services (AWS) to enhance its digital banking services in Indonesia. With 74% of the Indonesian population lacking access to traditional banking, Krom Bank aims to bridge this gap by offering personalised financial services through its mobile app.

Financial Inclusion 121

Financial Inclusion Underserved Database Mobile Banking 121

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Payments

Finovate

SEPTEMBER 10, 2024

After two days of live demos from more than 65 fintech companies, the attendees of FinovateFall 2024 have made their decisions as to which of these innovators will take home Finovate’s coveted Best of Show awards. Featuring both Finovate newcomers and Finovate veterans alike, the winners of Best of Show for FinovateFall 2024 are listed below. Bancography for its technology that predicates branch investments on sound market data, not intuition, preventing costly missteps and ensuring optimi

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Deepfake Innovation Advisors Risk Management 111

Finextra

SEPTEMBER 11, 2024

The Church of England has completed a three-year project to roll out contactless giving devices to more than 2200 churches, which have raised almost £4 million in donation so far.

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Fintech Finance

SEPTEMBER 10, 2024

New research from RedCompass Labs , a world leader in payments modernization, has revealed that over half (54%) of banks are planning to leverage generative artificial intelligence (AI) for the shift to instant payments and other payments modernization projects, while four in ten (42%) are actively considering the possibility. The report, AI in payments: The future of payments modernization?

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Instant Payments AI ISO 20022 Payments 111

Fintech News

SEPTEMBER 9, 2024

Fintech startup Finture , which operates the credit payment platform YUP , has secured US$30 million in its Series B funding round. The funding was led by Hong Kong’s MindWorks Capital, with participation from XVC, SWC Global, Richen Pioneer, and Antao Capital. The funds will be used to support the platform’s expansion across Southeast Asia and efforts to obtain a banking license in Indonesia.

Security 119

Security Credit Cards Volume FinTech 119

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

Payments Dive

SEPTEMBER 13, 2024

The bank began offering the payments option from Early Warning Services to its credit and debit cards customers this week.

Debit Card 103

Debit Card Payments 103

Finextra

SEPTEMBER 11, 2024

NatWest has become the latest of the UK's big mortgage lenders to join the Open Property Data Association (OPDA), backing efforts to bring a standardised approach to sharing digital data in the home buying process.

Process 110

Process 110

Fintech Finance

SEPTEMBER 12, 2024

J.P. Morgan Payments has announced new and enhanced product integrations connecting to the Oracle ecosystem, making it easier for clients to streamline their payments across treasury, trade and commerce. Since 2021, J.P. Morgan Payments and Oracle have been partnering to provide mutual corporate clients enhanced functionality and easier connectivity.

Treasury 110

Treasury Point-of-Sale (POS) Payments Near Real-Time 110

Fintech News

SEPTEMBER 9, 2024

Digital identity represents a major shift in how we interact with the digital world, paving the way for enhanced user experience and security. There has been much progress, evolving from the usage of mere passwords and usernames to more sophisticated security markers like biometrics and those that use AI technology. In the Asia Pacific region, governments are at varying stages of maturity when it comes to digital identity.

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Deepfake PCI DSS Verification Financial Inclusion 119

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NFCW

SEPTEMBER 11, 2024

EMVCo has introduced a dedicated testing approval process designed to “promote a more seamless experience when smartphones and other handheld mobile devices are used to accept contactless payments” TapToMobile, also known as softPOS, Tap on Phone, Tap on Mobile, Tap to Phone and Tap to Pay, “allows merchants to accept contactless payments directly on near field communication (NFC)-enabled consumer and enterprise devices, without the need for an additional connected device, dong

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Contactless Payments Process Payments Addressing 100

Finextra

SEPTEMBER 10, 2024

Barclays Bank has joined with major US and EU financial institutions in a $26 million funding round for syndicated loan platform Versana.

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Fintech Finance

SEPTEMBER 9, 2024

Adyen , the global financial technology platform of choice for leading businesses, today announced Intelligent Payment Routing for US debit payments, the only AI-based solution in the market that simultaneously optimizes and improves revenue and lowers costs. In a pilot of over 20 enterprise merchants — including eBay, 24 Hour Fitness, Microsoft, among others — Adyen achieved an average of 26% cost savings with a 0.22% uplift in authorization rates against earlier debit performance.

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Debit Transaction Transactions Debit Card Payments 102