VISTA InfoSec

JULY 1, 2024

American chip giant Advanced Micro Devices, Inc. (AMD) announced that it has launched a probe of a data breach carried out by a cybercriminal group called Intelbroker that led to several private documents and information being stolen which occurred early this month. In a statement to media outlets, the company spokesperson said that it is working closely with the authorities and a third-party hosting partner to investigate the impact of the breach.

CHIPS 206

CHIPS Cybersecurity Data Breach Breach 206

Payments Dive

JULY 2, 2024

Research from the investment bank Jefferies suggests generative artificial intelligence could be used in the payments industry to improve fraud detection and make transactions happen faster.

Fraud Detection 179

Fraud Detection AI Payments Research 179

The Fintech Times

JUNE 29, 2024

The first stage of the European Union ‘s Markets in Crypto Assets Regulation (MiCA) will come into play on 30 June. However, a new report by Acuiti , the management intelligence platform, and conducted by Eventus , the trade surveillance software provider, has found that a move to establish market surveillance systems is underway as firms find themselves underprepared.

Stablecoins 138

Stablecoins Compliance Regulations Cryptocurrency 138

Finextra

JULY 2, 2024

The European Payments Initiative (EPI) has launched its mobile-first wallet and instant account-to-account payments system in Germany, with other counties set to follow in the coming months.

Payment Initiation 128

Payment Initiation Accounts Payments 128

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.

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Bank Automation

JULY 5, 2024

ConnectOne Bank built its own data lake and data warehouse in-house to allow for access to insights for all departments. One of the first assignments for the $9.8 billion Englewood Cliffs, N.J.

Technology 122

Technology 122

Payments Dive

JULY 3, 2024

The Consumer Financial Protection Bureau has long wanted buy now, pay later loans to be listed on consumer’s credit reports. So why didn’t it include that in a March rule for the industry?

BNPL 151

BNPL Rules Consumer 151

Finextra

JULY 1, 2024

Monzo has introduced a trio of security controls to help customers diminish the prospect of fraudulent payments out of their accounts from phone theft, shoulder surfing or impersonation scams.

Scams 119

Scams Security Accounts Payments 119

Bank Automation

JULY 1, 2024

Data insights company S&P Global is developing internal- and external-facing generative AI tools to boost efficiencies — and it hopes to monetize the technology by offering it to customers.

AI 118

AI Technology 118

Payments Dive

JULY 3, 2024

The tech company, whose tools are used by numerous stores, cut employees in its sales, engineering, professional services, data and product management teams last week.

Product 148

Product 148

The Fintech Times

JULY 3, 2024

With the next general election imminent in the UK, reports suggest that the Labour Party have drafted plans to force tech firms to reimburse victims of fraud originating on their platforms, in an effort to combat the growing threat of authorised push payment (APP) fraud. Polls indicating voting intention across the UK continue to suggest opposition party Labour is far out in the lead just one day before voters submit their ballot sheets.

Scams 105

Scams Financial Crimes Due Diligence Crime 105

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

Tearsheet

JULY 1, 2024

The evolution in payment technologies and experiences is directly impacted by changes in consumer preferences, particularly among younger generations. To explore these changes and their potential impact on businesses, I spoke with Thomas Priore – CEO, Priority , a company specializing in integrated payments and banking solutions. Thomas Priore – CEO, Priority This interview covers several key areas of interest in the payment landscape.

BNPL 106

BNPL Online and Mobile Banking Encryption Payments 106

Finextra

JULY 1, 2024

BlackRock is to acquire private market data firm Preqin for £2.55 billion in an all-cash deal expected to close before year end.

Acquirers 121

Acquirers 121

Payments Dive

JULY 1, 2024

A proposed Visa-Mastercard settlement failed partly because a judge overseeing the case determined large merchants wouldn’t benefit as much as smaller merchants.

Settlement 147

Settlement Visa Large Merchants 147

Fintech News

JUNE 30, 2024

The Monetary Authority of Singapore (MAS) , alongside international financial institutions, has successfully completed the first phase of the Global Layer 1 (GL1) initiative. The regulator is now focusing on developing standards, market practices, and governing principles for digital infrastructure supporting tokenised assets. The MAS Global Layer 1 initiative includes partnerships with global industry associations and financial institutions to develop common standards in fixed income, foreign e

Central Bank 104

Central Bank Non-Bank Risk Participant 104

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BlueSnap

JULY 2, 2024

Choosing a white-label payment platform to power embedded payments lets software companies own seamless, branded payment solutions for their clients without having to take on the full responsibility for payments. However, selecting a platform with global capabilities can play an instrumental role in your success and growth in the payment business. The post How Global White-Label Payment Platforms Help Grow Embedded Payments Revenue appeared first on BlueSnap.

Embedded Payments 103

Embedded Payments Payments Payment Solutions Posting 103

Finextra

JULY 1, 2024

Join FinextraTV at the Temenos Community Forum 2024 as William Moroney, President International, Temenos and Izzidin AbuSalameh, Group COO, Capital Bank of Jordan, speak about the biggest challenges facing the banking industry today. Despite substantial progression over the last two decades, the pair explore how customer intimacy through digital interactions must be prioritised as the sector is moving towards reducing branches.

AI 104

AI Technology 104

Payments Dive

JULY 1, 2024

Research from online payments processor Stripe found that providing BNPL increases the average size and total number of sales.

BNPL 157

BNPL Processors Research Payments 157

Fintech News

JUNE 30, 2024

Silverlake Axis, a Singapore Mainboard-listed provider of enterprise and digital financial services solutions, has announced that Cassandra Goh Shiou Ling will assume the role of Group CEO. Effective 1 July 2024, Goh succeeds Andrew Tan Teik Wei, marking an earlier-than-expected transition. Goh was expected to take on the Group CEO role in 2025. Goh aims to continue the growth trajectory set by her predecessor, Andrew Tan, who will remain with the company to provide strategic guidance until 31 D

Continuity 102

Continuity Innovation FinTech Posting 102

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Payments

Bank Automation

JULY 2, 2024

Robert Schulze, head of pricing and risk model infrastructure at UniCredit Bank, will speak at Bank Automation Summit Europe 2024 about AI in financial services. The summit takes place Oct. 7-8 at Hilton Frankfurt in Frankfurt, Germany, bringing together industry experts to discuss banking automation, AI, regulation, payments and more.

Automation 98

Automation AI Regulations Risk 98

Finextra

JULY 1, 2024

snappi, the pioneering Greek neobank, announces that it has received a universal banking license from the European Central Bank (ECB), following the proposal of the Bank of Greece.

Central Bank 98

Central Bank 98

Fintech Review

JULY 2, 2024

Regulatory Technology, or RegTech, has emerged as a crucial ally for financial institutions navigating the intricate landscape of compliance. In 2024, advancements in RegTech are revolutionizing how firms manage regulatory requirements, leveraging innovations such as AI-driven monitoring and big data analytics to enhance efficiency and transparency.

Compliance 98

Compliance Regulatory Compliance AI Interoperability 98

Fintech News

JULY 3, 2024

The Siam Commercial Bank (SCB) is set to modernise its core banking system through a new partnership with Sunline , a global provider of banking technology services. This is said to be SCB’s first IT architecture revamp in over a decade. This collaboration aims to enhance SCB’s IT architecture, improving financial transaction processing for deposits and loans with better efficiency, stability, security, and scalability to meet increasing transaction volumes.

Transactions 100

Transactions Volume Technology Security 100

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

Fintech Finance

JULY 2, 2024

Klarna , the AI-powered global payments network and shopping assistant, today announced it’s partnered with Adobe Commerce to enable merchants to easily implement Klarna’s Buy Now Pay Later (BNPL) services, along with other flexible payment options. This allows Klarna to expand payment flexibility to consumers. “Our relationship with Adobe Commerce offers thousands of merchants a flexible, seamless, and smooth way to accept payments,” said Erin Jaeger, Head of North America at Klarna.

BNPL 96

BNPL Payments Payment Networks AI 96

Finextra

JULY 2, 2024

Money transfer fintech Wise says some of its customers may have been caught up in the recent hack on Evolve Bank & Trust.

FinTech 116

FinTech 116

Payments Dive

JULY 1, 2024

The Supreme Court ruled Monday that a case challenging a debit card interchange rate set by the Federal Reserve can proceed.

Federal Reserve 104

Federal Reserve Debit Card Rules 104

Fintech News

JULY 1, 2024

Ant International has acquired Amsterdam-based payment service provider MultiSafepay, integrating it into its Antom division, a payment and digitisation services provider. The financial details of the deal was not disclosed. The acquisition aims to enhance payment solutions and digital services for small and medium-sized enterprises (SMEs) across Europe.

Acquirers 98

Acquirers Payments Payment Solutions Small Business 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

Fintech Finance

JULY 2, 2024

dLocal , the leading cross-border payment platform specializing in emerging markets, today announced a strategic partnership with Wakanow Group. This partnership aims to streamline and simplify cross-border payments for Wakanow’s customers throughout Africa, supporting the company’s expansion into new African markets. Currently valued at nearly $13 trillion, the global travel industry sees only 30% of its bookings in Africa conducted online, considerably lower than the global average

Cross-Border Payments 92

Cross-Border Payments Cross-Border Payment Solutions Facilitators 92

Finextra

JULY 3, 2024

Mizuho Financial Group is testing a generative AI application from IBM to help speed up recovery time from IT outages.

AI 119

AI 119

NFCW

JULY 2, 2024

EVIAN PILOT: Spectators can buy a QR code for £5 enabling them to refill their water bottle all day Sports fans attending this year’s Wimbledon tennis tournament can purchase a QR refill pass that gives them the ability to refill their water bottle at any of a number of Evian mineral water refill stations located around the All England Lawn Tennis Club , rather than buying their mineral water in a plastic bottle or using a free tap water refill station.

Innovation 90

Innovation Continuity Consumer 90

Fintech News

JULY 2, 2024

Neobank Revolut’s annual revenue in Singapore more than doubled compared to 2022, contributing to the group’s financial performance. This marks its second consecutive year of gross profitability. The group’s revenue increased by 95%, from US$1.1 billion in 2022 to US$2.2 billion in 2023. Profit before tax reached US$545 million, and net profit grew to US$428 million, up from US$7 million in 2022.

Financial Literacy 93

Financial Literacy Value Added Service Product Transactions 93

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