Sat.Jan 25, 2025 - Fri.Jan 31, 2025

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Navigating the Future of Digital Payments

Fintech Review

Digital payments are transforming global financial systems, reshaping how individuals and businesses transact. In the fintech space, digital payments represent a major driver of innovation. This article explores the latest trends shaping the sector, providing insights into what lies ahead. The Rise of Embedded Finance Embedded finance is revolutionising the way businesses interact with financial services.

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Important Updates Announced for Merchants Validating to Self-Assessment Questionnaire A

PCI Security Standards

In response to stakeholder feedback regarding the complexity of implementing the new e-commerce security Requirements 6.4.3 and 11.6.1 in PCI Data Security Standard (PCI DSS) v4.0.1, the PCI Security Standards Council (PCI SSC) has announced important modifications for merchants validating to Self-Assessment Questionnaire A (SAQ A).

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X teams with Visa on new digital payments tool

Payments Dive

Billionaire Elon Musk’s social media site has forged an alliance with the card network giant to launch a new digital payments tool later this year.

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5 Payment Trends in Asia Shaping its Financial Landscape in 2025

Fintech News

Payment trends in Asia are changing how businesses and people transact from the digital-first economies of China and Singapore to the quickly changing markets of Indonesia and Vietnam. This shiftis not merely a matter of convenience; it is emblematic of an increasingly complex convergence between state-of-the-art technology, consumer desires for seamlessness, and the regions particular socio-economic landscape.

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Future-Proofing Enterprise Commerce: Why Extensibility Wins with Shopify

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.

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Musk's X secures Visa partnership for payments push

Finextra

Social media app X says it has struck a deal with Visa ahead of the launch of a digital wallet and peer-to-peer payments service later this year.

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Mollie Enables Tap to Pay on iPhone for Businesses of All Sizes in the UK

Fintech Finance

Mollie , one of Europes fastest-growing financial service providers, has enabled Apples Tap to Pay on iPhone for its UK customers. This allows businesses of all sizes to use the Mollie app on iPhone to accept contactless payments without the need to purchase or manage additional hardware. Tap to Pay on iPhone which Mollie launched last month for its 250,000 customers in The Netherlands, France and Germany is now available to its UK merchants, allowing them to unlock the benefits of Tap to Pay

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Commercial Banks Successfully Rebuilt Liquidity to Pre-Crisis Levels, But Challenges Remain Says Q2

The Fintech Times

Banks and credit unions need to embrace emerging technologies to ensure growth and overcome impending challenges, according to the latest report from Q2 Holdings , a digital transformation solution provider for financial services. In its State of Commercial Banking January 2025 Market Analysis report, Q2 Holdings outlines the biggest emerging trends for commercial banks, as well as the challenges and opportunities that banks and credit unions will face in the coming year.

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Australia tells BNPL providers to apply for credit licences

Finextra

Buy now, pay later providers in Australia have been told to apply for credit licences ahead of new laws coming into effect in June.

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Akurateco Partners with Dinero Pay to Transform Mobile Payments in Saudi Arabia

Fintech Finance

Akurateco , a global payment software provider with a strong presence in the MENA region, has joined forces with Dinero Pay , a rising Payment Service Provider (PSP) in Saudi Arabia, to drive innovation in the rapidly evolving mobile payments sector. This partnership has resulted in the successful deployment of advanced mobile wallet solutions, including Apple Pay, and Google Pay, tailored specifically to meet the needs of the Saudi Arabian market.

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French furniture brand Ligne Roset adds digital product passport to classic sofa

NFCW

AUTHENTICITY: Ligne Roset’s DPP proves the authenticity of its Toga Loveseat using QR codes French luxury furniture brand Ligne Roset has introduced digital product passports (DPPs) that combine QR codes and blockchain technology to authenticate its products. Fashion brand Serendipity Clothing has chosen the same solution for its DPPs, but has picked NFC tags as its preferred DPP data carrier.

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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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Alipay+ Enhances Global Tourism with Seamless Payments for CNY

Fintech News

Alipay + has partnered with global merchants to launch exclusive Chinese New Year campaigns, offering promotions for its payment partner users in anticipation of the seasonal travel surge. Alipay+ now supports over 35 international wallet and bank payment partners, connecting 1.6 billion user accounts to more than 90 million merchants in 66 markets.

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UK fintech jobs market booms

Finextra

The UK fintech sector experienced a 44% surge in job vacancies in 2024, driven by venture capital investment and AI, according to a report for recruiter Morgan McKinley.

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Fintech Payments Innovation Delivers $9 Billion Benefits to Small Businesses

Fintech Finance

Small businesses have been among the biggest beneficiaries of the transition to fintech-powered modern payments systems, with the average benefits across all fintech solutions totalling $9 billion as a result of their adoption. The finding comes as part of a new report launched by economics, research and analysis firm Mandala in partnership with FinTech Australia , compiled using fresh research into small business and analysis of ABS data.

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Artem Lyashanov: a close look on DORA provisions, EU and Ukrainian experience

Fintech Review

January 17, 2025 was a deadline for the implementation of the new Digital Operational Resilience Act (DORA) in the EU. This regulatory act establishes a number of important requirements financial institutions are obliged to follow both EU residents and companies with a different registration, but which provide their services on the EU territory. Including Ukrainian ones.

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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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Apple, Google coalition seeks to skirt payments rule

Payments Dive

Tech advocacy groups argue the tech giants should not be subject to a Consumer Financial Protection Bureau rule because they aren’t payment companies, according to a lawsuit filed this month.

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Data Privacy Perspectives: How finserv firms can foster consumer trust in the AI age

Finextra

As Data Privacy Week brings the protection of ones personal information into sharp focus, Im remi.

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Life Card to issue biometric payment cards in Japan

NFCW

BIOMETRICS: Life Card is to start issuing payment cards with fingerprint verification Japanese credit card issuer Life Card is to begin issuing cards containing a built-in fingerprint verification sensor this year, in a move that marks the first commercial launch of biometric payment cards in Japan. “Life Card provides innovative, secure and frictionless payment solutions to our growing consumer base,” company president Keiji Masui says. “Introducing the latest biometric techno

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Taxpayers Pay HMRC Over £12bn Using Pay by Bank

Fintech Finance

There has been a substantial rise in the number of people using a simpler way to pay their tax bill ahead of the self-assessment deadline on 31st January. Taxpayers are increasingly using Pay by Bank technology to send money to His Majesty’s Revenue and Customs (HMRC). Pay by Bank uses financial technology to allow you to make secure account to account payments between banks.

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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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CFPB fines fintech Wise, alleging it charged deceptive fees

TechCrunch Fintech

The Consumer Financial Protection Bureau (CFPB) has hit UK-based remittance company Wise with about a $2 million fine for what it described as a series of illegal actions. Those actions include advertising inaccurate fees and failing to properly disclose exchange rates and other costs, the CFPB alleges. Specifically, the agency claims that the fintech company […] 2024 TechCrunch.

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Ondo Finance to bring tokenized US treasuries to Ripple's XRP Ledger

Finextra

Ondo Finance, a leading tokenized real-world asset (RWA) issuer, is bringing tokenized U.S. Treasuries to the XRP Ledger (XRPL), expanding the breadth of institutional-grade products onchain.

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Tokyo airport train service rolls out biometric ticket gates

NFCW

FACE RECOGNITION: Passengers can now use face biometric ticket gates to avoid queuing for a ticket Image: Kyodo News Passengers taking the Keisei Skyliner train that connects Tokyo’s Narita airport with the city centre Ueno Station can now make use of face biometric ticket gates to avoid having to queue up for a ticket. To use the service, travellers need to register on Keisei Electric Railways website with a photograph of their face and pay for a ticket.

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Visa’s ex-CFO joins crypto company advisory board

Payments Dive

The appointment adds a former top executive of a major credit card network to Fireblocks’ board at a time when cryptocurrency firms are seeking more credibility.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Payment service exemptions: Could your business avoid costly licensing?

The Payments Association

Many payment firms assume they need an FCA licence, but exemptions may allow them to operate with fewer regulatory burdens. The UK payment services industry is incredibly diverse, comprising countless firms offering various payment services. For most businesses, applying for a license from the UK Financial Conduct Authority (FCA) is the first step when providing payment services.

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NAB scam warnings help Australians abandon suspect payments

Finextra

National Australia Bank says customers abandoned A$48.5 million worth of payments in the past two months after getting scam warnings from the bank.

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Blockchain Payments, Tokenizaton, and Merchants

Basis Theory

Blockchain promises quicker, more secure paymentsbut how will it impact conventional payment systems?

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Gen Z still prefers in-person shopping

Payments Dive

The generation prioritizes buying beauty and luxury goods in person, placing a premium on the physical shopping experience, research from Adyen shows.

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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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Key learnings from 2024’s biggest financial crime fines

The Payments Association

2024 brought significant regulatory action, highlighting persistent weaknesses in financial crime controls across the industry. As we enter 2025, we look back at five significant cases from 2024 and the lessons they provide for organisations aiming to strengthen their financial crime frameworks. Common themes Analysis of these regulatory fines highlights four persistent weaknesses that continue to challenge the industry: Inadequate governance, accountability and culture: Ineffective governance a

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Wells Fargo and Derivative Path bring global payments to regional banks

Finextra

Wells Fargo is working with capital markets technology provider Derivative Path to boost the global payments capabilities available to regional and community banks.

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5 Card Transactions Where FIs Lose Up to 50% of Profit

Payments Next

Updates in scheme fees that cause profitability “leaks” By Kirill Lisitsyn, CEO & o-Founder at Torus Understanding card scheme fees often resembles The post 5 Card Transactions Where FIs Lose Up to 50% of Profit first appeared on Payments NEXT.

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Ondo Finance provides tokenized US Treasuries to the XRP Ledger

The Paypers

Ondo Finance , a player in onchain finance, has announced that it now offers tokenized US Treasuries to the XRP Ledger (XRPL), in turn expanding the range of institutional-grade products onchain.

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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.