Sat.May 07, 2022 - Fri.May 13, 2022

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World Bank forecast for cross-border payments rises

Payments Dive

The international bank expects remittances to climb 3.7% to $802 billion this year. That's more than was previously expected and the increase is partly due to the upheaval in Ukraine, the World Bank said.

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State of Blockchain Q1’22 Report

CB Insights

While most other sectors saw quarterly declines, venture funding to blockchain startups was red-hot in Q1’22 — hitting an all-time high for the seventh straight quarter. In our State of Blockchain Q1’22 Report, we dive into global funding trends to uncover takeaways like: How Web3 drove the $9.2B quarter . The number of deals per day, and which categories are drawing the most dollars.

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Amber Group to launch Openverse, the gateway into the metaverse

The Paypers

Singapore-based digital asset platform Amber Group has announced its entry into the metaverse with Openverse, a Web3 enablement platform for creators.

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Bridging the tech gap in the recreational and outdoor power equipment markets

Axway

As we continue to witness major transformations happening across industries, many smart investors are keeping an eye on the smaller, untapped industries.

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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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EMVCo invites input on new contactless standard

Payments Dive

The firm controlled by the card companies has drafted a new contactless technology standard and it's seeking public comment on the specifications. Their plan is to implement a change by yearend.

More Trending

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Adyen expands global partnership with Afterpay

The Paypers

Global fintech platform Adyen has extended its partnership with Australia-based Buy Now, Pay Later (BNPL) company Afterpay.

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Bridging the tech gap in the recreational and outdoor power equipment markets

Axway

As we continue to witness major transformations happening across industries, many smart investors are keeping an eye on the smaller, untapped industries.

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Fed delivers mixed credit card data

Payments Dive

While first-quarter consumer credit card debt rose relative to the same period last year, it dropped compared to the fourth quarter. Meanwhile, consumers' outlook on the availability of credit deteriorated.

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Latin American proptech company Habi hits $1B valuation. Habi competitors are EmCasa, Flat.mx, La Haus, QuintoAndar and TrueHome.

CB Insights

Habi , a Latin American proptech, has raised $200M in a Series C. The round drew participation from Homebrew, SoftBank Latin America Fund, and Tiger Global Management, among others. the state of venture report. Download our free report to get the TL;DR on what you need to know about venture funding and trends in Q1 2022. First name. Last name. Email.

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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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Survey: more banks are open to fintech partnerships

The Paypers

Digital transformation technology provider WSO2 has commissioned a global survey of 300 C-suite banking industry executives.

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Meet Digital Jane, She’s Your Customer and She Has High Expectations

FICO

Meet Digital Jane, She’s Your Customer and She Has High Expectations. FICO. Thu, 05/12/2022 - 22:39. Meet Jane. Jane is 28-year-old woman sharing an apartment in the big city with friends. She uses her mobile phone to conduct a lot of her day-to-day life, including connecting with friends, making purchases, checking her bank account, and even buying a new car.

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VizyPay carves out a niche catering to rural America

Payments Dive

Austin Mac Nab, the CEO and cofounder of Waukee, Iowa-based payments processing firm VizyPay, said the company aims to disrupt the payments landscape by catering to small town businesses.

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Middle East-focused payment service provider Paymob raises $50M. Paymob competitors are Fawry, Hala, Khazna, PayTabs, and XPay.

CB Insights

Paymob , a payment service provider, has raised $50M in a Series B. The round drew participation from Helios Digital Ventures, Kora Management, FMO, PayPal Ventures, and Clay Point Investors, among others. <span data-sheets-value='{"1":2,"2":"<div class="cbi-cta-shortcode-wrapper"><div class="cbi-cta-shortcode-content"></div><div class="cbi-cta-shortcode-forms" ><div class="cta has-desktop"><

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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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EU Commission considers ban on large-scale stablecoins

The Paypers

The European Commission has considered curbs on the ability of stablecoins to become widely used in place of fiat currency, according to CoinDesk.

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FICO World 2022: Spurring the Applied Intelligence Revolution

FICO

FICO World Is Back! After a 30-month Covid hiatus, FICO World 2022 kicked off this week in Orlando, Florida with more than 1,000 customers and partners joining the conference to explore best practices and new ideas in digital transformation and applied intelligence. The conference, which started 45 years ago, features innovative speakers and more than 80 breakout sessions delivered over 3 days.

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Self-checkout tech maker Mashgin raises $62.5M

Payments Dive

The technology company, which currently partners with convenience stores, cafeterias, hospitals and sports arenas, said it will use the investment to build out its team, quicken expansion and scale globally.

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African digital payments company Interswitch raises $110M. Interswitch competitors are Chipper Cash, Flutterwave, Mono, Ogaranya, Opay, and Pngme.

CB Insights

Interswitch , an African fintech company, has raised $110M in private equity funding. The round drew participation from LeapFrog Investments and Tana Africa Capital. <span data-sheets-value='{"1":2,"2":"<div class="cbi-cta-shortcode-wrapper"><div class="cbi-cta-shortcode-content"></div><div class="cbi-cta-shortcode-forms" ><div class="cta has-desktop"><div class="cta-desktop center-copy &

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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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BigCommerce chooses Mollie as technology partner

The Paypers

US-based ecommerce software company BigCommerce has named payment service provider Mollie as Preferred Technology Partner.

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Introducing The New Age of Applied Intelligence

FICO

This week, we have the privilege of coming together again to host FICO World 2022, our marquee decisions conference showcasing the innovative ways organizations are leveraging FICO technology to protect and grow their businesses. Above all else, one fundamental theme has emerged: The customer is in the driver’s seat, and their expectations have changed.

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Yellen urges stricter stablecoin regulation amid TerraUSD crash

Payments Dive

The coin, which relies on an algorithm rather than being backed by dollar reserves, plummeted to 23 cents Wednesday, according to CoinDesk.

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Identity and access management platform Teleport hits $1.1B valuation. Teleport competitors are ForgeRock and CyberArk.

CB Insights

Teleport, an identity-based infrastructure access management platform, has raised $110M in a Series C. The round drew participation from Bessemer Venture Partners, Insight Partners, Kleiner Perkins Caufield & Byers, and s28 Capital. the state of venture report. Download our free report to get the TL;DR on what you need to know about venture funding and trends in Q1 2022.

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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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Yapily agrees to acquire finAPI

The Paypers

Yapily has signed an agreement with Germany-based credit bureau SCHUFA to acquire finAPI, a provider of Open Banking solutions in Germany.

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The Truth About Mobile POS Stations in Restaurants

BNG Payments

The time of the smaller point-of-sale systems is upon us! iPad systems are becoming more popular, and the popularity of mobile point-of-sale stations has continued to leave an impact on the restaurant industry. But just because it’s trending, doesn’t mean it’s the right solution for your business. So today let’s look at the pros and cons of mobile point-of-sale systems and let you know if they are the right fit for your restaurant.

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Mastercard CEO lands hefty raise

Payments Dive

Compensation for Michael Miebach, who was the card company's chief product officer and president before he became CEO last year, climbed 75% to $16.1 million for 2021 after he took Mastercard's top post.

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China-based cryptocurrency exchange platform KuCoin hits $10B valuation. KuCoin competitors are Binance, Bybit, Coinbase, FTX, and Paxos.

CB Insights

KuCoin , a cryptocurrency exchange platform, has raised $150M in an extended Series A. The round drew participation from Jump Crypto, Matrix Partners China, and Circle Ventures, among others. <span data-sheets-value='{"1":2,"2":"<div class="cbi-cta-shortcode-wrapper"><div class="cbi-cta-shortcode-content"></div><div class="cbi-cta-shortcode-forms" ><div class="cta has-desktop"><div class="

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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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Unlimint integrates PicPay payment method

The Paypers

UK-based financial interface Unlimint has expanded its payment methods portfolio with Brazil-based digital wallet PicPay.

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6 reasons for adopting a multi-cloud strategy

Axway

Multi-cloud simply refers to the presence of more than one cloud, sourced from different vendors. This strategy has gained significant momentum in recent years and is supporting cloud-native apps, cloud MFT, cloud EDI, and beyond with no signs of slowing.

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Jack Henry prowls for acquisitions

Payments Dive

The payment technology provider aims to start making acquisitions again this year, the CEO said. While potential targets had been too expensive in recent years, the public market's swoon is creating more options now.