PCI Security Standards
OCTOBER 8, 2024
The excitement is building as we get closer to this year’s Asia-Pacific Community Meeting ! To add to the anticipation, we’re giving you a sneak peek of some of the amazing sessions that will be featured in Hanoi, 20-21 November.
Payments Dive
OCTOBER 9, 2024
The digital restaurant payments provider raised processing fees for some restaurant clients. Separately, it’s aiding clients in adding surcharges on their customers’ orders.
Fintech News
OCTOBER 10, 2024
The banking landscape in India has undergone a major transformation, driven by significant investments in digital infrastructure and innovations by both incumbents banks and new fintech entrants, a new analysis by the Digital Fifth, a fintech consulting and advisory firm in India, says. This dynamic ecosystem is supported by regulatory advancements and collaborative partnerships, which are expected to continue fostering innovation and growth in the sector.
Fintech Finance
OCTOBER 8, 2024
WadzChain Network, a global leader in innovative blockchain technology, announced today the launch of one of the world’s first hybrid blockchains intending to transform global payments for businesses. WadzChain’s user-friendly interface and a highly scalable platform offers the ideal solution for businesses looking for secure, scalable, fast and cost-effective transactions locally or across the globe over encrypted blockchain networks.
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
PCI Security Standards
OCTOBER 7, 2024
Welcome to our podcast series, Coffee with the Council. I'm Alicia Malone, Senior Manager of Public Relations for the PCI Security Standards Council. Today we'll meet one of the Council's newest employees, our Head of Product and Technology, Deanne Zettler. Deanne comes to the PCI SSC with more than 25 years of experience leading product and technology strategies, solutions and operations in financial services, including stops at Discover Financial Services and Silicon Valley Bank.
Payments Dive
OCTOBER 10, 2024
Gov. Kathy Hochul signed a new law Wednesday requiring merchants to use a gun code, saying it could help prevent mass shootings.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Fintech Finance
OCTOBER 9, 2024
Revolut , the global fintech with over 45 million retail customers and hundreds of thousands of business customers globally, is now giving Revolut Business merchants in the UK the option to accept American Express Cards as a payment method for ecommerce, including through Revolut Gateway, Payment Links, and Tap to Pay on iPhone payments – with more in-person payment solutions to come later this year.
Payments Next
OCTOBER 11, 2024
By Scott Dawson, CEO, DECTA To keep fit and healthy, I train in Muay Thai at my local gym every Saturday morning. The post Managing Risk Balanced by Strategy first appeared on Payments NEXT.
Payments Dive
OCTOBER 11, 2024
The payments software provider announced a slew of new partnerships on Wednesday, also with Amazon and AMC Networks.
Fintech News
OCTOBER 10, 2024
Fintech Alliance.PH announced that it will be joining the Singapore Fintech Festival 2024 to showcase its digital finance innovations. The event, one of the largest fintech gatherings globally, will be held from 6 to 8 November 2024, at the Singapore EXPO. Last year, Singapore Fintech Festival gathered 66,000 participants from 150 countries, and an even larger audience is expected this year.
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.
Basis Theory
OCTOBER 11, 2024
Token Create Speed Improvements We’ve significantly improved our tokens' speed for both Token Creations and Reads over the last few months—and customers should have noticed them already. This speed and reliability is designed to ensure tokens can always be created and meet the needs of the latency SLAs as we know we are in a major part of the flow of our customers.
Fintech Finance
OCTOBER 11, 2024
Klarna , the AI-powered global payments network and shopping assistant, has released data on its launch of cashback. In the six weeks since launch: 506,378 Klarna shoppers have earned $2.7m dollars in cashback. Klarna merchants have given cashback on $98.4m worth of sales. Over 1,000 cashback promotions have been launched. Klarna launched cashback in 12 countries simultaneously on 15 August, to reward consumers who shop in the Klarna app.
Bank Automation
OCTOBER 11, 2024
JPMorgan Chase expects AI and other new tech to increase employee productivity but remains wary of AI tech companies’ inflated valuations. “Tech valuations, or any valuations, won’t stand these very inflated values,” Chief Executive Jamie Dimon said during the bank’s third-quarter earnings call today. The bank has a significant cash surplus “sitting in the store” […] The post JPMorgan Chase warns of inflated AI tech valuations appeared first on Bank Automation News.
Fintech News
OCTOBER 10, 2024
Vietnam’s digital economy is rapidly expanding, reaching a value of US$30 billion in 2023 and projected to increase by 20% to hit US$43 billion by 2025. T his growth is fueled by technology adoption across businesses, the rise of key sectors including fintech, as well as rising middle-class incomes, a new report by Acclime Vietnam, a professional services provider from Ho Chi Minh City, says.
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Payments Dive
OCTOBER 7, 2024
Fiserv has allowed Zūm Rails to use its embedded finance system to bring open banking and instant payments to Fiserv’s U.S. business customers.
Fintech Finance
OCTOBER 8, 2024
Trustly , the global leader in open banking payments, is excited to announce the appointment of Adam Miller as its new Group Chief Financial Officer (CFO). Based in Stockholm, Adam joins Trustly from Deliveroo, where he served as CFO for over two years, successfully leading the company through its 2021 London Stock Exchange listing and navigating significant growth during the pandemic.
Bank Automation
OCTOBER 7, 2024
Some financial institutions are decreasing their branch footprint as bank clients increasingly adopt digital offerings while Bank of America and JPMorgan are investing in their branch capabilities to meet evolving client needs. The case for expanding branch networks lies in evolving customer preferences, the role of the branch and tailored solutions, Joe Myers, executive vice […] The post Bank of America, JPMorgan invest in branch networks appeared first on Bank Automation News.
Fintech News
OCTOBER 9, 2024
Kitabisa, an Indonesian donation and crowdfunding platform, has officially entered the insurance market with the launch of Kitabisa Insurance. According to DealStreetAsia , this new sharia-compliant subsidiary aims to tackle the low insurance penetration in Indonesia, which currently lags behind neighboring countries. Kitabisa Insurance emphasizes transparency and technology, allowing members to track funds, beneficiary information, and claims in real-time.
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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 Dive
OCTOBER 11, 2024
The department’s undersecretary for domestic finance, Nellie Liang, suggested state oversight of money transmitters was outdated in an era of electronic payments.
Fintech Finance
OCTOBER 11, 2024
America First Credit Union has partnered with technology leader Diebold Nixdorf (NYSE: DBD) to modernize and improve its payment transactions and ATM offerings — including being the first credit union to implement next-generation cloud-native technology that powers enhanced member experiences. This is a part of the credit union’s long-term strategy to further modernize and future-proof how members interact with their money.
Fintech Review
OCTOBER 8, 2024
Green Bonds have rapidly become a crucial financial tool for promoting environmental sustainability. They allow investors to achieve financial returns while supporting eco-friendly initiatives. Organisations and governments use these bonds to raise capital specifically for environmentally sustainable projects. We look into the rapid growth of the Green Bond market and its role in encouraging sustainable corporate behaviour.
Fintech News
OCTOBER 7, 2024
Digital bank GXS has launched the GXS FlexiCard , a credit card that charges flat fees on outstanding balances rather than traditional revolving interest. This card is designed for consumers who may struggle to access credit products due to being new to credit or having limited credit history, such as new professionals, gig workers, and entrepreneurs, offering a credit limit of S$500.
Speaker: David Nisbet, Everett Zufelt, and Michaela Weber
Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.
Payments Dive
OCTOBER 8, 2024
Sen. Dick Durbin threw his weight behind an Illinois law that would nix interchange fees on taxes and tips, supporting the edict in a court document filed Friday.
Fintech Finance
OCTOBER 8, 2024
Fabrick , an Open Finance operating company is expanding its geographical footprint by partnering with TerraPay , a company simplifying global money movement. Initially focused on the Italian market, this partnership will enable businesses to access a unified platform that streamlines payment processes, reduce operational costs, and ensure compliance with regulatory requirements.
Finextra
OCTOBER 8, 2024
WadzChain Network, a global leader in innovative blockchain technology, announced today the launch of one of the world’s first hybrid blockchains intending to transform global payments for businesses.
Fintech News
OCTOBER 6, 2024
Singapore is enhancing its anti-money laundering (AML) framework with new recommendations from the Inter-Ministerial Committee (IMC). This comes after a review sparked by the high-profile money laundering case in August 2023, in which more than S$3 billion worth of assets were seized. The IMC’s report outlines strategies aimed at strengthening prevention, improving detection, and enforcing tougher penalties to better protect the integrity of Singapore’s financial system against increasingl
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.
Payments Dive
OCTOBER 9, 2024
The attack led to a days-long outage in September. The money transfer firm hasn’t described the nature of the incident or said how many people have been impacted.
Fintech Finance
OCTOBER 11, 2024
AMAN Union , the leading professional forum for commercial and non-commercial risk insurers and reinsurers in member countries of the Organization of Islamic Cooperation (OIC), has signed a Corporate Training Services Agreement with RISC Institute DMCC, a renowned training institution specializing in talent development for the insurance, risk management, personal finance sectors, based in the United Arab Emirates and operating regionally.
Finextra
OCTOBER 10, 2024
TD Bank has agreed to pay $3 billion in penalties after pleading guilty to violating US anti-money laundering federal laws.
Fintech News
OCTOBER 10, 2024
HSBC is evaluating a cost-cutting strategy that could save up to US$300 million by streamlining senior management, according to a report by the Financial Times on Thursday. The plan comes as the bank explores the merger of its commercial and investment banking units, a move expected to eliminate some top management roles, the FT reported, citing unnamed sources familiar with the matter.
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