Sat.Aug 13, 2022 - Fri.Aug 19, 2022

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FedNow to launch by mid-2023, Fed official says

Payments Dive

The federal government’s new real-time payments system should be ready for use by the middle of next year, Fed Governor Michelle Bowman said in a speech this week.

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Watch Duty: How a grassroots fire reporting team created a platform to keep Californians safe

Axway

We speak often of the power of platforms here at Axway, and for good reason: the right platform can be transformative, bringing people together and extending their efforts exponentially.

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4 Common Myths of AI in Finance Organizations

The Finance Weekly

Artificial intelligence (AI) has dazzling possibilities and high expectations, but there are many misconceptions about how it can impact the office of finance. Let's explore four of these myths and their potential to perpetuate limiting beliefs that can impact the ability of a business to compete in the market and attract talent. Myth #1 “There is no need to alter our current course of action.

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Ripple launches crypto-based B2B payments in Brazil

The Paypers

US-based Ripple , a provider of enterprise blockchain and cryptocurrency solutions, has announced the launch of RippleNet’s On-Demand Liquidity (ODL) in Brazil in partnership with Travelex Bank.

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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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Marqeta executive exodus follows IPO

Payments Dive

Of 10 top executives leading the company last year, only three remain, including CEO Jason Gardner, who last week said he plans to exit that role and become executive chairman.

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7 Essential Components That a Successful SaaS Website Should Have

Agile Payments

7 Essential Components That a Successful SaaS Website Should Have.

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PayRemit selects IDnow Middle East to power digital customer onboarding

The Paypers

Philippines-based ecommerce app PayRemit has signed an agreement with IDnow Middle East to provide automated identity verification for the onboarding of PayRemit customers.

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Walmart eyes payments opportunities

Payments Dive

With PayPal’s former CFO on board, the retail behemoth is assessing its prospects in the payments arena near and far.

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Tackling the Fintech Threat: A Guide for Banks and Credit Unions

FICO

Home. Blog. FICO. Tackling the Fintech Threat: A Guide for Banks and Credit Unions. What financial institutions need to compete with fintech threat disrupters. FICO. Thu, 12/19/2019 - 16:29. by Darryl Knopp. expand_less Back To Top. Fri, 08/19/2022 - 15:30. As FinTech funding rises to new record levels – $131.5 billion globally in 2021 – banks and credit unions are losing their status as the primary financial services providers to American consumers.

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Meet the Griffins: Pamela Butts expertly manages Professional Services Resources to ensure lasting customer success

Axway

We are back with our Meet the Griffins series where we present an outstanding employee who we feel embodies Axway’s culture and is an excellent example of commitment, achievement, motivation, and work ethic.

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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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Wirex launches SEPA payments as top-up methods

The Paypers

UK-based digital payment platform Wirex has facilitated users to top-up and withdraw from their accounts with the addition of SEPA Instant and Faster Payments.

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Whole Foods expands use of Amazon One paytech

Payments Dive

After rolling out the bio-authentication and payment technology to a handful of stores earlier this year, the grocery chain will add it to 65 locations in California.

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Is “Enterprise Intelligence” an Oxymoron? Breaking the 5 Blockers

FICO

Home. Blog. FICO. Is “Enterprise Intelligence” an Oxymoron? Breaking the 5 Blockers. Enterprise intelligence that powers digital customer experiences has never been more advanced — so why are 70% of digital transformations floundering? FICO. Tue, 07/02/2019 - 02:45. by Jim Neumann. expand_less Back To Top. Fri, 08/19/2022 - 10:30. Banks and insurance companies are learning the hard way that the best way to stem customer defections is through better digital customer experiences, the result of a m

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Analyzing Nubank’s growth strategy: How the challenger bank is aiming to become LatAm’s financial super app

CB Insights

Brazil’s Nubank has its sights set on disrupting Latin America’s financial services. Since its founding in 2013, the challenger bank has grown its user base rapidly — reaching 60M customers as of May 2022, up 61% year-over-year. It notched $877M in revenue in Q1’22, with a gross profit margin of 34%. In 2011, only 56% of Brazilian adults had bank accounts.

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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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China-Russia ties grow stronger, India investigates Chinese lending apps

The Paypers

Russia has jumped to become the third largest market for the yuan, according to Reuters , while Chinese digital lending apps are investigated by the Reserve Bank of India, moneylife.in reports.

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Circular Board, Mastercard unveil small business card

Payments Dive

As a slew of fintechs try to capture small business customers, Circular Board’s Hello Alice brand is targeting entrepreneurs from marginalized backgrounds.

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Financial Wellness: How Banks Can Help Their Customers

FICO

Home. Blog. FICO. Financial Wellness: How Banks Can Help Their Customers. What can banks do to assist consumers with their financial health – and can this be profitable? FICO. Wed, 09/09/2020 - 15:36. by FICO. expand_less Back To Top. Thu, 08/18/2022 - 08:40. Financial wellness is a complex topic with many layers. It encompasses several important aspects of a person’s life – including financial security, financial resilience, financial control, and financial freedom.

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Payments fundraising slows down in Q2: PitchBook

Payments Dive

Point-of-sale, payroll, accounts payable and accounts receivable startups are leading the way in funding for payments startups, according to PitchBook.

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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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Paysign aims to grow prepaid card services for drugs

Payments Dive

Paysign aims to boost its prepaid card services for consumers shouldering the high cost of pharmaceuticals by offering drugmakers transparent pricing for such services.

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Restaurant gift card sales dip

Payments Dive

Restaurant gift card sales for the first half of this year were down about 2% over the period last year, according to foodservice industry software provider Paytronix.

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Credit card alternatives rise

Payments Dive

Consumers are pulling back on use of their primary credit cards in favor of other payment methods, according to a survey from J.D. Power.

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Central Payments snags $30M

Payments Dive

The banking-as-a-service company wants to expand its reach as it spins off from the Central Bank of Kansas City.

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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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Grubhub offers BofA cardholders loyalty program perk

Payments Dive

The delivery company is working with outside companies to expand its reach by offering limited free membership in its GrubHub+ loyalty program.

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Remitly to buy Rewire for $80M

Payments Dive

Cross-border payments company Remitly said it would buy the Israeli financial services company using a mix of cash and stock.

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Square integrates with digital signage provider Raydiant

Payments Dive

New digital integrations could differentiate Block-owned Square within an increasingly competitive point-of-sale and fintech category.

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Western Union, Paymentus CFOs depart

Payments Dive

The companies are the latest payments firms to announce a CFO change as the sector faces macroeconomic headwinds.

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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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Robinhood to buy crypto exchange Ziglu for 60% less

The Paypers

Robinhood has diminished its acquisition offer for UK-based crypto exchange Ziglu , slashing the price tag from USD 170 million to USD 72.5 million, 60% less than the original offer.

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ChannelAdvisor integrates with Shopee

The Paypers

Provider of cloud-based ecommerce solutions ChannelAdvisor has announced its integration with Shopee , one of the most popular ecommerce platforms in Southeast Asia and Taiwan.

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Reserve Bank of India releases regulatory framework for digital lending

The Paypers

The Reserve Bank of India (RBI) has released, on 10 August 2022, its regulatory framework for digital lending, following recommendations put forward by the digital lending working group in November 2021.

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EU announces new crypto regulator - AMLD6

The Paypers

The European Union (EU) has announced plans to create a sixth Anti-Money Laundering Authority that will be specifically tasked with regulating the cryptocurrency industry.

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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.