Sat.Jul 13, 2024 - Fri.Jul 19, 2024

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The Role of PCBs in Cybersecurity

VISTA InfoSec

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. But not everyone is aware that it all begins with how electronic devices are designed. With the way Printed Circuit Boards (PCBs) are laid out and built, to be precise.

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FedNow zooms past RTP participation in inaugural year

Payments Dive

The Federal Reserve’s nascent instant payments system has collected hundreds of bank participants across the country in its first year of operations, although a few major banks are holdouts.

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Trending Sources

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A New Take on the Oldest Form of Bill Payment: Cash

Payments Next

By Michael Kaplan, EVP, PayNearMe What’s in your wallet? That’s a well-known slogan for a major credit card, but it’s also an The post A New Take on the Oldest Form of Bill Payment: Cash first appeared on Payments NEXT.

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Marble Insurance Maintains PCI Compliance with Basis Theory

Basis Theory

With dozens of personal lines of insurance and an overwhelming amount of policy options, Marble developed a Super App for all personal insurance policies. Marble is responsible for maintaining the personal insurance data of their users and, in return, provides quotes and comparisons, essentially acting as a licensed insurance agency underneath the hood of a tech company.

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How To Drive Retail Results With Integrated Tech And UX Design

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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How to Improve Compliance with Multilingual Cybersecurity Resource

VISTA InfoSec

Cybersecurity matters a lot today, and it touches everyone around the globe. With hackers becoming smarter, protecting information has never been more critical. Now, imagine trying to stay safe online but not understanding the warnings because they’re not in your language. That’s where multilingual cybersecurity comes into play – it breaks down language barriers so everyone can understand how to protect themselves.

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UK RTGS Chaps goes down

Finextra

The Bank of England says a 'global payments issue' dealyed high value payments, including house purchases, processed through the national real-time gross settlement system Chaps.

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Meet the Finalists of the 2024 Finovate Awards!

Finovate

After months of deliberation, the finalists for the 2024 Finovate Awards have been selected! In categories ranging from “Best Alternative Investments Solution” to “Top Emerging Fintech Company,” more than 130 innovative companies and individuals have made the short-list. We are now set for an exciting autumn showdown when winners are announced at Finovate Fall 2024 in New York in September.

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Bank of America, JPM, TD and Visa affected by global CrowdStrike outages

Bank Automation

Banks, airlines and other organizations using Microsoft have reported down systems across the globe as cybersecurity firm CrowdStrike is suffering from the biggest IT outage in history.

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Opponents of Capital One-Discover merger to air grievances

Payments Dive

Consumer advocates say the merger will stifle competition and give the combined company an easy avenue to raise fees on card payments.

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Adaptive builds automation tools to speed up construction payments

TechCrunch Fintech

Adaptive is a platform that provides tools designed to simplify payments and accounting for general construction contractors. © 2024 TechCrunch. All rights reserved. For personal use only.

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How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

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

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Wirex and Visa Integrate Blockchain Technology with Traditional Finance in Latest Partnership

The Fintech Times

Wirex , a Web3 money app, is partnering with digital payments giant Visa to further the use of digital currencies in the UK and the European Economic Area (EEA). As part of the partnership, Wirex is also launching Wirex Pay, a new modular Zero Knowledge (ZK) payment chain designed to change how users manage and spend traditional currencies, as well as crypto.

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CFPB proposes earned wage access rule

Bank Automation

The Consumer Financial Protection Bureau proposed an interpretive rule affecting earned wage products, or paycheck advance products, ensuring that employees are aware of costs and fees for these services, according to today’s CFPB release. Paycheck advance products allow employees real-time access to earned wages.

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Qashier unveils payment-linked loyalty programme

Finextra

Singapore-based fintech startup Qashier announced today that it is launching Treats, a unique payment-linked loyalty programme that allows customers to seamlessly earn points by simply tapping and paying with their linked cards at any merchant under the Treats programme.

Payments 111
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4 Fintechs in Myanmar to Watch

Fintech News

Myanmar’s fintech industry is poised for significant growth, driven by rising digital payment usage, and strong investor interest. Moreover, with 80% of the country’s 55 million people unbanked , there is substantial potential for fintech solutions. Myanmar’s fintech startups scene is expanding, with digital and card transactions reaching 1.57 billion and a total value of MMK 12.3 trillion (US$3.8 billion) in 2022, according to Thant Mam Hein, assistant manager of sustainability at uab bank.

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Provide Real Value in Your Applications with Data and Analytics

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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What Will the Payments Market Look Like Now Apple has Released its NFC Tech to the World?

The Fintech Times

For four years, Apple has been making its case to the EU that it is not monopolising the payments and technology markets by restricting who can use its tech. In order not to face heavy fines, Apple has allowed its rivals access to its tap-and-go payments technology through its NFC chip, free of charge. But how impactful will this be on the payments market and what consequences might Apple face as a result?

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Morgan Stanley using AI to grow adviser operations

Bank Automation

Morgan Stanley is using AI to improve efficiency and deepen the relationship between its advisers and customers. The bank is deploying technology to aid growth across its three divisions — investment banking, wealth management and institutional securities — Chief Financial Officer Sharon Yeshaya said during Morgan Stanley’s second-quarter earnings call today.

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13books Capital raises £121 million fintech fund

Finextra

Amid a challenging fundraising environment, 13books Capital has closed a new £121 million fund to invest in the founders building tomorrow’s fintech businesses.

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BofA tackles digital payments pain points

Payments Dive

The bank’s latest platform update is designed to better address transaction-related inquiries — one of the top reasons business customers call and email for help.

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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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MBTA to switch on contactless payments across Boston’s public transportation network

NFCW

SWITCHED ON: MBTA is enabling public transport users to pay for travel using their contactless cards Public transportation users in the Greater Boston area will be able to use a contactless debit or credit card to pay for their fares on buses, Green Line trolleys, Mattapan Line trolleys, and at all gated subway stations from 1 August 2024, the Massachusetts Bay Transportation Authority (MBTA) has announced. “Riders with weekly or monthly passes or those who would like to continue to use th

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Bank of England warns CHAPS payment system experiencing delays

Bank Automation

The Bank of England warned that its CHAPS service — one of the largest high-value payment systems in the world — has been affected by a global payments issue, causing some large, time-sensitive payments to be delayed.

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What ESG Challenges do Fintech Firms Face?

The Fintech Times

Now encapsulating a focus on societal impact and the environment, the term ‘fintech for good’ has evolved from its initial meaning of charity. But it doesn’t stop there. This July, we are on the hunt to find out how the fintech industry is doing ‘good’ for local communities and the world, revealing current and future plans to make change. Greenwashing , providing incorrect information to the public about the ethical and environmental impact of a firm, was one of the biggest challenges facing fin

FinTech 105
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Slt Edge updates Open Banking Gateway API

Finextra

Salt Edge, a leading open banking solutions provider, recently launched its 6th Open Banking Gateway API version. The company is releasing its newest version of the Account Information API first, with the Payments API slated to follow suit in short order.

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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.

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What is Long Range Planning and How Can it Help Your Growth?

The Finance Weekly

Are you planning for a Saturday night? Welp, that’s kind of short-ranged! How about, planning to buy a house in the next five years? Or a farm in the next 10 years! That’s exactly how Long-range Planning (LRP) works – not only for individuals but for businesses as well. Long range planning extends beyond conventional budgeting, planning, and forecasting processes which usually span a year, and concentrates mainly on financial goals and key initiatives that are 5-10 years or more into the future.

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6 viewpoints from the CFPB’s director that may affect payments

Payments Dive

“We are looking a lot at the convergence of payments and commerce and the extent to which a very big player could use that to shatter that wall between banking and commerce,” the agency’s director, Rohit Chopra, said earlier this month.

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Moneyhub Urges Firms to Leverage Open Data to Ensure Consumer Duty Compliance

The Fintech Times

With Consumer Duty’s next deadline looming, new research from engagement, data and customer journey platform Moneyhub reveals just how much work firms still have to do before they realise the business and consumer benefits of the Duty. A year on from the introduction of the Financial Conduct Authority’s (FCA) Consumer Duty obligations, as many as two-fifths of customers have not noticed any changes to their treatment, says Moneyhub.

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Wirex and Visa expand partnership to drive Web3 payments adoption

Finextra

The leading Web3 money app, Wirex and Visa, a world leader in digital payments, are thrilled to announce a partnership to further the use of digital currencies in the UK and the European Economic Area (EEA).

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Secure SaaS Success: Embedded Finance as a Competitive Advantage

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.

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UAE and Indonesia Enhance Payment Systems Cooperation, Eyes QR Linkage

Fintech News

The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) have signed a Memorandum of Understanding (MoU) to enhance bilateral cooperation in payment systems. This agreement was part of a visit to the UAE by Indonesian President Joko Widodo. The MoU was signed by Khaled Mohamed Balama, Governor of the CBUAE, and Perry Warjiyo, Governor of BI. It builds on a previous MoU from November 2023, which facilitated cooperation in payment systems and digital innovation, and supported the use of local c

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KeyBank spends $800M on tech annually

Bank Automation

KeyBank spends $800 million annually on technology and expects expenses to grow in 2025 as it continues to invest in overall operations.

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Open Banking: Unlocking Innovation and Consumer Empowerment

Fintech Review

Open banking is transforming the financial landscape by fostering innovation , competition, and improved customer experiences. It involves sharing financial data through secure application programming interfaces (APIs). This practice allows third-party providers (TPPs) to access banking data with customer consent, enabling the development of new financial services and products.

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Chase stops customers using credit cards to make BNPL instalment payments

Finextra

Chase customers will soon be banned from using their credit cards to pay for third-part BNPL instalment plans.

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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.