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.

Real Time Payments 158

Real Time Payments Payments 158

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.

SWIFT 145

SWIFT Multi-Currency CBDC Interoperability 145

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.

PCI DSS 117

PCI DSS Best Practices Payment Security Security 117

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

CBDC 126

CBDC Cross-Border Payments Cross-Border Transactions 126

Speaker: Jennifer Wright and Nick Barron

Navigating the complexities of e-commerce requires more than just the right technology - It demands a holistic strategy that aligns platform capabilities with customer- centric design and marketing. This webinar will provide a roadmap for building a robust e-commerce strategy, guiding you through key decisions from platform selection to creating user experiences that convert, and leverage digital marketing to reach and retail customers.

On-Demand

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 179

Cybersecurity Acquirers Visa 179

Fintech News

SEPTEMBER 11, 2024

Singapore’s cryptocurrency market has seen a notable increase in crypto payments , with merchant services receiving nearly US$1 billion in crypto during the second quarter of 2024. This surge reflects growing adoption of digital assets as a payment method across various industries, including services offered by local startups like dtcpay and the super-app Grab.

Stablecoins 126

Stablecoins Issuers Cryptocurrency Payments 126

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.

Cross-Border Payments 130

Cross-Border Payments Cross-Border C2B Treasury Management 130

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

Innovation 119

Innovation Message Standards API Enrollments 119

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.

Duplicate 130

Duplicate FinTech Continuity Posting 130

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 115

Gateways Payments FinTech 115

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

Payments

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.

Instant Payments 131

Instant Payments Faster Payments FPC Real Time Payments 131

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.

111

111

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.

Web 3.0 109

Web 3.0 Regulations Regulatory Compliance Volume 109

Payments Dive

SEPTEMBER 9, 2024

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

Finance 144

Finance Security Payments Technology 144

Advertisement

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.

AI

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?

Instant Payments 111

Instant Payments AI ISO 20022 Payments 111

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 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 103

Security Credit Cards FinTech Volume 103

Payments Dive

SEPTEMBER 10, 2024

American Express eschews preset spending limits and instead relies on credit scores and spending history to manage risk, a company executive explained at a conference last week.

Risk 97

Risk 97

Advertisement

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

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

Deepfake 105

Deepfake Innovation Advisors Risk Management 105

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 102

Treasury Payments Point-of-Sale (POS) Near Real-Time 102

Fintech News

SEPTEMBER 10, 2024

Arta Finance, a fintech firm serving as an investment advisor, announced it has secured funding from EDBI , the investment arm of the Singapore Economic Development Board. The investment will support the expansion of Arta Finance ‘s digital wealth platform in Singapore and internationally. Founded by former Google executives and based in both the US and Singapore, Arta Finance aims to provide broader access to financial tools and products typically available only to the ultra-wealthy.

AI 103

AI Security Finance Advisors 103

Payments Dive

SEPTEMBER 9, 2024

On Jared Isaacman’s second trip to space, the billionaire plans to become the first private spacewalker. Shift4 investors will need to follow space news to learn about it.

FinTech 97

FinTech 97

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

Nanonets

SEPTEMBER 12, 2024

Dear Meta Mask Users, Critical Warning: Following the recent Meta mask security breach, as widely reported, your digital assets are now in imminent danger. Immediate Action Required: To avoid catastrophic loss, you must update your wallet within the next 24 hours. Any delay could lead to irreversible damage to your funds. Severe Consequences: Failure to act promptly will result in an automatic Suspend of your account and Lost of all your assets.

Risk 98

Risk Breach Security Accounts 98

Fintech Finance

SEPTEMBER 12, 2024

Flutterwave , Africa’s leading payment technology company, today announced that its flagship remittance product, Send App by Flutterwave, has launched commercially in Malawi. Customers can continue to use Send App to facilitate faster, easier, and more affordable cross-border money transfers into Malawi. Send App offers all customer segments in the country the opportunity to receive money on both mobile apps and web devices.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Payments Facilitators 98

Fintech News

SEPTEMBER 10, 2024

DBS Group Holdings is in early discussions to expand its insurance offerings in India and Taiwan through new bancassurance partnerships, according to people with knowledge of the matter. The Singapore-based lender has turned to Goldman Sachs for advisory support in seeking potential insurance partners in these regions, sources told Bloomberg. These deals, common in the banking sector, typically allow an insurer to gain exclusive distribution rights to sell products through a bank’s branch networ

Agreements 100

Agreements Product Transactions FinTech 100

Finextra

SEPTEMBER 12, 2024

Flutterwave, Africa’s leading payment technology company, today announced that its flagship remittance product, Send App by Flutterwave, has launched commercially in Malawi. Customers can continue to use Send App to facilitate faster, easier, and more affordable cross-border money transfers into Malawi.

Cross-Border 98

Cross-Border Facilitators Continuity Product 98

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.

Embedded Finance

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

Fintech Finance

SEPTEMBER 12, 2024

Companies using Mastercard Business cards in the Eastern Europe, Middle East and Africa (EEMEA) region are set to benefit from a new value-added service – a business subscription management tool powered by technology partner Nuclei. The innovative feature will help small businesses streamline processes and reduce costs. In the first wave, Mastercard and Nuclei are planning to launch the user- and budget-friendly platform in the GCC region, followed by the rest of EEMEA.

Visa 98

Visa Value Added Service Small Business On-Demand 98

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 109

Financial Inclusion Underserved Database Mobile Banking 109

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 114

Visa 114

Advertisement

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

End User