Payments Dive
SEPTEMBER 18, 2024
The Federal Reserve’s proposal to extend the operating hours of two interbank payments systems has been welcomed by large banks, but panned by many small financial institutions.
Payments Next
SEPTEMBER 16, 2024
By John Toman, Co-founder & Chief Product Officer, Pivot Payables Commercial virtual cards have been available for years as a payment method The post You Thought You Knew Virtual Cards…Think Again first appeared on Payments NEXT.
The Payments Association
SEPTEMBER 17, 2024
With the rollout of new instant payment regulations under the SEPA Instant Credit Transfer (ICT) scheme, Europe’s cross-border payments landscape is significantly transforming. From overhauling existing systems to adjusting sanctions screening processes, firms need to navigate these complexities to stay compliant and competitive.
Nanonets
SEPTEMBER 20, 2024
Picture this - you’re drowning in a sea of PDFs, spreadsheets, and scanned documents, searching for that one piece of data trapped somewhere in a complex table. From financial reports and research papers, to resumes and invoices, these documents can contain complex tables with a wealth of structured data that needs to be quickly and accurately extracted.
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 Dive
SEPTEMBER 19, 2024
"While rewards may feel like a bonus for those who use credit cards regularly, they ultimately come at a cost," writes one payments executive.
Finextra
SEPTEMBER 16, 2024
Citigroup is stripping chief operating officer Anand Selva of his responsibility for data compliance after the bank was hit with $136 million in fines for its failure to address long-standing deficiencies in risk management and data governance.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Fintech News
SEPTEMBER 19, 2024
Thailand’s Lightnet and Hong Kong-based fintech unicorn WeLab have teamed up to apply for a virtual bank license in Thailand. The aim is to enhance financial access for underserved retail customers and small businesses. Lightnet, co-founded by Chatchaval Jiaravanon and Lightnet Group, has a strong local presence, reaching 46 million Thai customers across sectors like agriculture, F&B, and e-commerce.
Payments Dive
SEPTEMBER 20, 2024
The retail giant and payments processor are targeting next year for offering consumers a real-time payment option online.
Finextra
SEPTEMBER 19, 2024
Voice cloning scams – where fraudsters use AI technology to replicate the voice of a friend or family member – could be set to catch millions out, according to new research from Starling Bank.
The Fintech Times
SEPTEMBER 14, 2024
Known for its technological advancements and industrial growth, Taiwan has also emerged as a notable player in the fintech sector. With a strong foundation in semiconductors and information technology, alongside government initiatives and a developing fintech ecosystem, Taiwan is steadily integrating digital innovation into its financial services. Taiwan, along with South Korea, Hong Kong SAR, and Singapore, forms the group known as the ‘Four Asian Tigers,’ renowned for their rapid
Advertisement
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?
Fintech News
SEPTEMBER 18, 2024
Siam Commercial Bank (SCB) has partnered with Mastercard and Malaysian fintech Soft Space to launch the ‘Effortless Payment Processing’ campaign. This initiative aims to accelerate the adoption of contactless payments in the Asia-Pacific region by providing eligible merchants with Android devices valued at over 3.25 million baht, pre-installed with the ‘SCB Tap-To-Pay’ service.
Payments Dive
SEPTEMBER 20, 2024
The e-commerce platform will also let consumers connect their PayPal and Prime accounts next year, and access free shipping via Buy with Prime on some merchants’ sites.
Finextra
SEPTEMBER 19, 2024
HSBC has successfully trialled the first application of quantum-secure technology for buying and selling tokenised physical gold.
NFCW
SEPTEMBER 17, 2024
P2P: Tap to Cash enables users to send and receive Apple Cash by holding two iPhones together Apple Watch and iPhone users in the US can now use Apple’s Tap to Cash peer-to-peer money transfer service to transfer money to each other via NFC. The ability to use NFC to add a payment card to Apple Wallet is also being rolled out via a new Tap to Provision service.
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
Fintech News
SEPTEMBER 15, 2024
Helicap, a Singapore-based fintech platform, has closed its largest credit facility to date, securing US$ 50 million in collaboration with XenCapital, the lending arm of Xendit. Xendit, a fintech company operating across Southeast Asia, has raised US$ 515 million in venture capital funding. This partnership aims to provide capital to businesses in Southeast Asia, where digital lending has been a rapidly growing fintech sector.
Payments Dive
SEPTEMBER 16, 2024
The agency says Horizon Card Services violated the Truth in Lending Act by charging fees as high as 60% of a customer’s credit limit, and all but refusing to cancel their cards.
Finextra
SEPTEMBER 19, 2024
Walmart is teaming up with Fiserv to let online shoppers pay directly, and instantly, from their bank accounts.
The Fintech Times
SEPTEMBER 20, 2024
Since the cost of living crisis hit, the number of insurance claims has gone up. While many of these are valid, 65 per cent of insurance claims handlers have noticed an increase in fraudulent cases according to research from claims automation company, Sprout.ai. Two hundred insurance claims handlers were surveyed by Censuswide as part of the study and were asked how many cases they thought were fraudulent or manipulated by AI.
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.
Fintech News
SEPTEMBER 16, 2024
UnionPay has partnered with payment solutions provider AXS to introduce a new bill payment service tailored for Mainland Chinese residents living in Singapore. By leveraging the UnionPay app, users can now conveniently pay various bills, including household expenses, educational fees, electricity, condo management fees, season parking, town council fees, healthcare, and home services, directly from their Mainland China-issued UnionPay cards.
Payments Dive
SEPTEMBER 17, 2024
Apple Pay customers can now use their iOS 18 phone or iPadOS 18 to access Affirm buy now, pay later options, including some that don’t charge interest.
Finextra
SEPTEMBER 18, 2024
TBC Uzbekistan, the leading digital banking ecosystem in Central Asia, launched a waiting list for its upcoming new product offering, TBC Business, set to go live later this year and become the country’s first fully digital banking service for SMEs and individual entrepreneurs.
The Payments Association
SEPTEMBER 20, 2024
How open banking can reshape finance, enabling personalised services, streamlined verification, and improved fraud detection.
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.
Fintech News
SEPTEMBER 15, 2024
Wise’s Asia Pacific (APAC) operations have become the company’s second-largest revenue contributor, with a 33.7% year-over-year increase in FY24. The Wise platform currently serves 12.8 million users globally, processing £118.5 billion (S$203 billion) in transactions. In FY24, customers saved £1.8 billion (around S$2.7 billion) in fees. Singapore is a central location for Wise’s APAC operations, with over 500 employees.
Payments Dive
SEPTEMBER 16, 2024
The major card networks enabled systems that allow international travelers in China to use their cards to pay for Beijing rail transit as of last week.
Finextra
SEPTEMBER 19, 2024
Lighthub Asset, a Thai fintech powerhouse, and WeLab, a leading pan-Asian fintech platform, today announced that they have submitted an application for a Virtual Banking licence with the Bank of Thailand (BOT).
NFCW
SEPTEMBER 17, 2024
GOOGLE WALLET: Support is being added for passports, more State IDs and additional transit services “Starting soon, we’ll begin beta testing a new type of digital ID in Google Wallet, giving more people in more places a way to create and store a digital ID, now with a US passport,” Jenny Cheng, Google Wallet’s VP and GM, has revealed. “People are increasingly looking for ways to digitize everyday items — with one of the top requests being a digital ID,” Cheng explai
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.
Fintech News
SEPTEMBER 16, 2024
Payments giant Mastercard has announced plans to acquire global threat intelligence company Recorded Future for US$2.65 billion. Mastercard aims to strengthen its cybersecurity capabilities with this acquisition as cybercrime costs are projected to reach US$9.2 trillion by 2024. Recorded Future specializes in real-time threat detection, using AI and data analysis to provide actionable insights to clients, including governments and Fortune 100 companies.
Nanonets
SEPTEMBER 17, 2024
Introduction Large Language Models or LLMs, have been all the rage since the advent of ChatGPT in 2022. This is largely thanks to the success of the transformer architecture and availability of terabytes worth of text data over the internet. Despite their fame, LLMs are fundamentally limited to working only with texts. A VLM is worth 1000 LLMs Vision Language Models or VLMs are AI models that use both images and textual data to perform tasks that fundamentally need both of them.
Finextra
SEPTEMBER 20, 2024
Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service.
Fintech Finance
SEPTEMBER 20, 2024
DailyPay continues to innovate its award-winning worktech platform with a new feature that will help users on their path to financial stability. The new Savings feature will be added to the newly branded DailyPay Visa® Prepaid Card and provide users with an opportunity to create savings goals and set aside money as they earn it. DailyPay Visa Card is a general purpose reloadable card that allows DailyPay users instant earned wage access for no fee* if they update their direct deposit to the card
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.
Expert insights. Personalized for you.
163 
Let's personalize your content