Payments Dive

JULY 8, 2024

A bipartisan group is nudging the Federal Reserve to explain why it can’t speed up a plan to extend the operational availability of the U.S. payments system.

Federal Reserve 193

Federal Reserve Payments 193

Open Banking Excellence

JULY 9, 2024

Kazakhstan Sets Open API-Driven Strategy Towards 2025 Goal Open Banking stands at a critical juncture in early 2024 with markets both big and small set to start or continue their journeys. Here in Kazakhstan, we are moving ahead with our transformation that we see as critical for modernising the country’s financial sector by 2025 following a successful pilot project at the end of last year.

API 147

API Payment APIs and Integration Participant Regulations 147

Stax

JULY 9, 2024

It’s no question that the world has been digitally transformed — both in business and in life. We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. All you need to use a digital wallet is a smartphone.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

TechCrunch Fintech

JULY 9, 2024

Evolve has confirmed that the personal data of at least 7.6 million people was accessed during LockBit's ransomware attack. © 2024 TechCrunch. All rights reserved. For personal use only.

Ransomware 132

Ransomware Data Breach Breach Cybersecurity 132

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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Payments Dive

JULY 12, 2024

The U.S. is the world’s largest self-checkout market, driven in part by supermarket chains and convenience stores, even as some retailers pull back on the tech.

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PCI Security Standards

JULY 9, 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. In this episode, we'll meet three Qualified Security Assessors, or QSAs. A QSA company is a data security firm certified by the Council to perform on-site assessments of a company's PCI Data Security Standard compliance.

Security 113

Security Procedures Data Security Assessments 113

Fintech News

JULY 8, 2024

Citigroup Inc. has laid off about 500 employees as part of a global restructuring effort, as reported by The Straits Times. The bank now has about 8,000 full-time and contract employees in Singapore, down from 8,500 in October. This reduction aligns with Citigroup ‘s broader strategy to “streamline its operations” by cutting management layers and roles concentrated in the Asia Pacific region.

Facilitators 124

Facilitators Governance Government FinTech 124

Payments Dive

JULY 11, 2024

The May theft of over $300 million worth of bitcoin from Japanese cryptocurrency exchange DMM Bitcoin is the largest digital currency heist so far this year.

Digital Currency 159

Digital Currency Bitcoin Cryptocurrency 159

Bank Automation

JULY 12, 2024

Citigroup’s multiyear modernization strategy saw progress in the second quarter as the bank’s tech investments proved more necessary after the Federal Reserve Board penalized the bank this week. “We have made meaningful progress in executing our transformation and simplifying our multiyear undertaking,” Chief Executive Jane Fraser said during the $2.

Federal Reserve 114

Federal Reserve 114

Finextra

JULY 8, 2024

Crypto wallet provider Tangem is partnering with Visa on the launch of a payment card that will be integrated with the Swiss firm's self-custodial hardware wallet.

Payments 135

Payments 135

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

Payments

The Fintech Times

JULY 9, 2024

Swipesum, a payment processing consultancy, and Authorize.net, a Visa solution, are collaborating with 4aGoodCause, an online donation platform, to improve customer support and streamline payment processes for nonprofits. This partnership will offer organisations on the 4aGoodCause platform flexible payment options, enhanced fraud detection, and dedicated payment support.

Fraud Detection 115

Fraud Detection Consulting AI Process 115

Payments Dive

JULY 9, 2024

Lawyers hope a court-approved extension of the claims filing deadline will provide time for resolution of conflicts and allow other business owners to file new claims in the interchange fee case.

Settlement 148

Settlement Visa 148

Fintech Finance

JULY 12, 2024

Cross-border payments are becoming increasingly important to international economies. Around 63% of global consumers use international real-time payments (RTPs) services to send money to family and friends and 51% use them only to pay for goods and services, according to the 2024 Financial Services Consumer Survey* conducted by GlobalData , a leading data and analytics company.

Cross-Border 114

Cross-Border Real Time Payments Cross-Border Payments Cross-Border Settlement 114

Finextra

JULY 11, 2024

Named AWS App Studio, financial institutions, fintech firms and virtually any organisation are now able to build an application that could have taken a professional developer days to create from scratch, but in minutes.

Professional Development 114

Professional Development AI FinTech 114

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The Fintech Times

JULY 8, 2024

Global venture funding experienced an upward trend for the second consecutive quarter, climbing eight per cent quarter-over-quarter to $65.7billion in Q2 2024. Despite this increase, the number of deals continued to decline, marking the ninth straight quarter of decreases with only 6,230 deals. This figure represents less than half the deal volume recorded at its peak in Q1 2022.

AI 115

AI Volume Continuity FinTech 115

Payments Dive

JULY 12, 2024

Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.

Instant Payments 173

Instant Payments Payments 173

Bank Automation

JULY 8, 2024

ConnectOne Bank invests in technology that generates data to boost efficiencies, but the systems are only beneficial if employees use them consistently. For example, the $9.8 billion Englewood Cliffs, N.J.

Origination 115

Origination Automation Technology 115

Finextra

JULY 11, 2024

Jade City, which is pioneering the tokenisation of Jade, has completed a pre-seed funding round of $300,000 and is now conducting a seed round with a target of $1.2m. Their real-world asset platform will launch later in 2024, offering the first global marketplace for jade-backed digital assets.

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111

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Payments

Fintech News

JULY 9, 2024

A new report by global payments firm Airwallex and Skift Research reveals that 66 percent of travel companies worldwide are experiencing reduced profit margins due to outdated payment systems. The study indicates that 90 percent of these companies plan to prioritise upgrades to payment and financial operations systems over the next year. The report, based on a survey conducted in April 2024 with 473 travel executives from seven global markets, highlights that 70 percent of travel companies find

Cross-Border Payments 111

Cross-Border Payments Cross-Border Payments Participant 111

Payments Dive

JULY 10, 2024

The retailer’s customers will still have six payment options after the change takes effect in about a week.

Checks 159

Checks Payments 159

Bank Automation

JULY 11, 2024

NEW YORK — Rocket Mortgage is working with Amazon Web Services to deploy generative AI-driven tools to make its customer relations team and internal operations more efficient.

AI 110

AI 110

Finextra

JULY 7, 2024

Visa and Mastercard have committed to keep a cap on tourist card fees in place for another five years, says the European Commission.

Caps 130

Caps Visa 130

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.

Continuity

The Fintech Times

JULY 11, 2024

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.

FinTech 105

FinTech Finance Innovation Governance 105

Payments Dive

JULY 10, 2024

Fresh off its biggest acquisition ever, Payroc is pressing ahead with more acquisitions and preparations for an initial public offering.

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FloQast

JULY 9, 2024

As the financial landscape continues to evolve, the importance of reliable and efficient Financial Close management software cannot be overstated. In this dynamic environment, staying ahead of the curve is not just desirable; it’s essential for maintaining competitiveness and driving growth. That’s why the release of G2’s Summer 2024 Grid Report is always eagerly awaited, as it offers a comprehensive assessment of the leading solutions in the field.

Continuity 104

Continuity Reconciliation Finance Accounts 104

Finextra

JULY 9, 2024

Banco Santander and Google have reached an agreement to offer a free AI course for anyone over the age of 18 the world over.

AI 125

AI Agreements 125

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.

Embedded Finance

Fintech News

JULY 7, 2024

As Southeast Asia’s digital economy continues to surge, businesses are seeking robust technological solutions to support their growth. The region is emerging as the world’s most rapidly expanding online market, with a staggering 125,000 new users gain access to the Internet each day. Projections suggest that the burgeoning ASEAN digital economy will contribute an additional US$1 trillion to the regional Gross Domestic Product (GDP) over the coming decade.

Database 102

Database Economy On-Demand Innovation 102

Bank Automation

JULY 8, 2024

Bank Automation Summit Europe 2024 is delighted to announce a strategic partnership with DIGITALEUROPE, the leading trade association representing digitally transforming industries in Europe. This partnership aims to amplify the impact of both organizations in driving innovation and excellence in European banking and digital sectors. Bank Automation Summit Europe 2024, scheduled for Oct.

Automation 101

Automation Innovation AI 101

Payments Dive

JULY 11, 2024

The real-time payments system has been growing its roster of banks and credit unions, as it newly competes with the Federal Reserve’s FedNow payments system.

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RTP Federal Reserve FedNow Credit Union 89

Finextra

JULY 10, 2024

At EBAday 2024, Gilbert Verdian, Founder and CEO, Quant, explores how programmable payments can enhance the efficiency of both personal and business financial transactions. Highlighting the important role of the Regulated Liability Network (RLN) in the UK, the discussion turns to advancing programmable payments using both existing and tokenised bank deposits.

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Payments Regulations Transactions Innovation 98

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