Sat.Nov 11, 2023 - Fri.Nov 17, 2023

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Visa warns consumers about holiday fraud

Payments Dive

Better spelling on fake merchant sites and more advanced card skimmers are among the latest schemes that will be deployed by fraudsters during the year-end holiday shopping season.

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Accelerating the Growth and Adoption of Digital ID With Lloyds Bank

Open Banking Excellence

The Digital ID market is new, exciting and potentially a major growth opportunity in the UK. Lloyds Bank recently joined this emerging space by releasing a new Digital ID app with Yoti – Lloyds Bank Smart ID. The app gives people a more private, secure and convenient way to prove their age or identity from their phone. It allows people to share specific information with businesses who request it – such as name, date of birth or an ‘over 18’ proof of age – without having to show physical id

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Spotlight On: Soft Space, a New Principal Participating Organization

PCI Security Standards

Welcome Soft Space, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, Soft Space Chief Technology Officer Nicholas Lim introduces us to his company and how they are helping to shape the future of payment security.

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High Risk Payment Processing: How Are Merchants Shut down?

Basis Theory

Operating as a high-risk merchant, one of the most feared experiences is getting shut down. Even the looming threat of this happening is enough to keep many merchants up at night.

Risk 88
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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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The Clearing House nabs top Fed official

Payments Dive

The new hire is tasked with boosting adoption of The Clearing House’s RTP real-time payments system, as the new rival Federal Reserve FedNow system seeks to attract clients.

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Evolution or Revolution? Preparing For The PSD3

Open Banking Excellence

It has been almost six years since the Second Payment Services Directive (PSD2) came into force and laid the foundations for Open Banking in the EU and UK. Now Europe is preparing for the introduction of a sequel to this game-changing regulation: the PSD3. However, this time the latest Payment Services Directive is accompanied by the Payment Services Regulation (PSR).

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More Trending

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5 Steps You can Take to Improve Payments Performance

Basis Theory

Why it’s Crucial to Constantly Improve Payments Performance For any business, revenue growth is key to continued development and opportunity. And revenue growth can only happen when payments arrive, are smoothly onboarded and accounted for, and generate the lowest fees possible. These days offline businesses try as hard as they can to incentivize cash, or cash-equivalent payments types (like debit cards , store cards, and digital wallets) so they can limit the cost of making sales - they will ev

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Lightspeed aims to fend off rivals on international stage

Payments Dive

Competing restaurant point-of-sale players have set their sights on international growth, but they’re likely to find the European market tougher than the U.S. market, Lightspeed’s CEO said.

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Can You Decrease Credit Card Interchange Fees?

Stax

If you’re selling anything at all these days—online or in-person—it’s absolutely imperative to learn about interchange fees. They significantly impact the cost of accepting card payments. Understanding interchange fees enables merchants to effectively manage processing costs, negotiate better rates, make informed decisions about card acceptance, and ensure compliance with payment industry standards.

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As recession looms, can AI help businesses weather the storm?

Payments Next

By Scott Dawson, Head of Sales and Strategic Partnerships, DECTA A quick Google search for “recession” reveals many articles predicting that one The post As recession looms, can AI help businesses weather the storm? first appeared on Payments NEXT.

AI 88
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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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Projective Group announces partnership with The Payments Association

The Payments Association

Projective Group is very proud to announce our partnership with The Payments Association, representing our commitment to supporting collaboration, innovation, and sustainable growth within the European payments industry. We are excited to work alongside other market leaders and continue helping organisations to navigate the rapidly evolving payments landscape with the knowledge and confidence to succeed.

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Fiserv doubles down on Clover growth

Payments Dive

CEO Frank Bisignano is betting on accelerated growth of Clover’s small business point-of-sale services, even as he admitted to being “paranoid” in the highly competitive market.

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Tap to Pay: What It Is and How It Works

Stax

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. And the winner of the 2010s and beyond is the NFC-powered, contactless sensation that is tap-to-pay.

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Processing Costs: Differences in Debit & Credit Cards

Basis Theory

How Credit and Debit Cards Compare The fundamental difference between a credit and debit card is whose money is being used in the transaction: with a credit card, the consumer is borrowing from the card issuer , while with a debit card they are using their own money, stored with the issuing bank. From a consumer perspective, the credit card has the benefit of providing funds beyond what may currently be available, with the downside of incurring ongoing interest charges and fees; by contrast, the

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

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Nucleus365 Expands Cross-Border Solutions To Now Offer One of The Widest Payment Coverages In The Industry!

The Payments Association

This addition to the Nucleus365 platform unlocks global payments with over 92 licences supporting operations in 30 different currencies, enabling merchants across the globe to make and receive payments in 180 countries. A number of these countries, including UK/Europe, USA, Australia, Singapore, Malaysia and Hong Kong, have real-time transfers enabled.

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EU digital identity wallet to stir paytech market

Payments Dive

The EU would require big tech companies, like Apple and Google, to offer their customers payment services through the new digital identity wallet if the regulation is approved.

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Indian central bank tightening consumer loans curb to impact startups

TechCrunch Fintech

India’s central bank has enforced several measures to cool down high growth in consumer credit in a move that will impact consumer spending and many startups in the South Asian market, industry executives said. The Reserve Bank of India raised risk weights on unsecured personal loans, credit card, consumer durable loans by banks and non-banking financial companies […] © 2023 TechCrunch.

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How to Choose the Right Pipeline Management Tools for Tech-Savvy Sales Managers

Nanonets

Introduction Hey Sam! Ever felt like you're juggling too many balls in the air, trying to keep that sales pipeline flowing without a spill? In the ever-evolving world of sales, where targets loom large and time is of the essence, it's crucial to have the right quiver of tools at your disposal. But here’s the deal—finding the best sales pipeline management tools isn't just about staying ahead; it's about revolutionizing your approach.

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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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Mitigating Chargeback Disputes with the Power of AI, ML & Data Analytics

The Payments Association

Due to a dwindling economy, higher inflation and a cash-starved population, retailers are facing a tough battle from the standpoint of acquiring new customers or retaining the existing ones.

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Shift4 CEO entertains acquisition interest

Payments Dive

CEO Jared Isaacman said the payment processing company is fielding acquisition interest from “several parties.

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Klarna’s and Affirm’s very good week

TechCrunch Fintech

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Due to the U.S. holiday, this is an abbreviated edition. Buy now, pay later comeback Both Klarna and Affirm — […] © 2023 TechCrunch. All rights reserved.

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High-Risk Payment Processing: The Rules of the Game

Basis Theory

This is blog post one of a five-part series on the ins and outs of high-risk merchants and high-risk payment processing.

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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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Modulr GEN AI Summit, December 5th, London

The Payments Association

Modulr is organising the GEN AI Summit, which will take place on December 5th in London. The summit will feature a panel session moderated by David Birch in which Myles Stephenson, Founder and Chief Executive at Modulr, Leon Rees, Startups and Venture Capital at AWS, and Ben O'Connor, GETPAID European Lead at FIS, will discuss the future of payments with Gen AI.

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PayPal’s new CEO builds team

Payments Dive

Alex Chriss, PayPal's chief executive officer, is lining up outsiders as managers as he seeks to drive profitable growth at the digital payments behemoth.

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Deal Dive: BNPL expands beyond its roots — that’s a good thing

TechCrunch Fintech

There is a growing group of startups looking to expand the BNPL model into other categories. © 2023 TechCrunch. All rights reserved. For personal use only.

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Fintech funding: Mega rounds increase 50% QoQ

Bank Automation

Global fintech funding dropped marginally in the third quarter sequentially, but deals worth more than $100 million substantially increased as funding remained below 2019 levels. As global fintech funding reached $7.4 billion in Q3, it was down 46% year over year, according to CB Insights’ State of Fintech Q3 report published last month.

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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.

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Best practices for integrated payment screening

The Payments Association

Can FI's look beyond transaction data to uncover the true picture of risk? ComplyAdvantage's research revealed that payment screening teams continue to grapple with siloed data sets and disparate systems. And yet, as the financial crime landscape grows more complex, the need to connect fragmented data sets to understand the global networks behind financial crime has never been more important.

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Sociable: Meta inks deal with Amazon to facilitate Facebook, Instagram shopping

Payments Dive

The new deal will enable Amazon merchants to connect with Facebook and Instagram users.

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Xero launches new Open Banking tools

The Paypers

Xero has launched two new payment features powered by Open Banking and e-invoicing, in order to optimise the way UK-based SMEs manage their cash flow.

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D.L. Evans Bank saves $1M with Laserfiche automation

Bank Automation

D.L. Evans Bank has been working with and expanding the use of software company Laserfiche capabilities for 25 years, resulting in paper, monetary and time savings throughout the bank. Through the tech provider, the $3.

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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.