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Sam Altman’s World Network Reportedly in Talks With Visa for Stablecoin Payments

Fintech News

Sam Altmans World Network is in talks with Visa to bring stablecoin payments to its self-custody crypto wallet, enabling users to spend crypto across Visas global merchant network, a source told CoinDesk. The plan would link Visa card functionality to World Wallet, part of a broader push to offer foreign exchange, fiat on- and off-ramps, and crypto payment tools in a single app.

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VISTA InfoSec Achieves CREST Membership a Milestone in Cybersecurity

VISTA InfoSec

We are excited to announce that VISTA InfoSec has achieved CREST membership , a new recognition joining the list of our diverse array of global certifications and accreditations. This new milestone not only marks our ongoing dedication to excellence but also strengthens our standing as a trusted partner for all the organizations seeking comprehensive and reliable security solutions.

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Checkout.com Surpasses $10 Billion in Revenue Unlocked for Enterprise Merchants Using AI-Powered Boost

Fintech Finance

Checkout.com , a leading global digital payments company, today announced that its Intelligent Acceptance product, an AI-powered engine designed to help enterprise businesses boost their payment performance, has generated over $10 billion in additional merchant revenue. Powered by over 20 billion data points and insights from Checkout.com’s global network, Intelligent Acceptance applies numerous optimizations at every step of the payment process (e.g., messaging, routing, authentication, c

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Accelerating All Stages of the Insurance Process: Edenred Payment Solutions Launches VCN Product

The Fintech Times

The insurance sector has long been plagued by long wait times. No matter the stage of the insurance claim, be it filing claims or waiting for a refund, customers are often left dissatisfied with how long they must sit around for a response. To tackle this issue, Edenred Payment Solutions has launched a new Virtual Card Number (VCN) product designed to help make claims payouts faster and easier for policyholders.

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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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Indonesia adds support for NFC payments to QR mobile payment system

NFCW

NFC PAYMENT: Bank Indonesia governor Perry Warjiyo launching the new service at Bundaran HI Station Indonesia’s central bank has added support for NFC payments to the country’s QRIS national QR mobile payments platform. The move follows the central bank of Brazil’s move last month to add NFC payments support to its national Pix payments system. “QRIS Tap provides a fast, convenient, affordable, secure and reliable alternative payment method for the public, particularly to

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DBS Open to Pursue Strategic, Smaller Acquisitions Under New CEO Tan Su Shan

Fintech News

Incoming DBS Group CEO Tan Su Shan is open to pursuing smaller, strategic acquisitions that align with the Singaporean banks core focus, while prioritising the growth of high-return segments such as wealth management and transaction banking. Tan Su Shan Tan, currently the deputy CEO, is set to take over the role on 28 March, becoming the first woman to lead Southeast Asias largest lender and the first internal appointment to the position.

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U.S. Faster Payments Council Publishes Report on Overcoming Usability Impediments to Instant Payment QR Code Adoption

Fintech Finance

The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today released a new report, Overcoming Instant Payment QR Code Impediments to Adoption: Usability , which examines key challenges in implementing QR code-based instant payments at the point-of-sale (POS) and offers insights into addressing these barriers.

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Women in Fintech… Just About Thriving (or Just Surviving?)

The Fintech Times

With fintechs gender gap stuck in the dark ages, does the next generation of women even want in? Hannah Duncan takes her Gen-Z sister to the Women in Fintech Powerlist celebration to find out. How can a young woman on the precipice of her career get into fintech? And with women making up just 28 per cent of the industry , less than 20 per cent of executive positions and putting up with Victorian-style gender pay gaps of 22 per cent would she even want to?

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Coffee with the Council Podcast: Guidance for PCI DSS E-commerce Requirements Effective After 31 March 2025

PCI Security Standards

Welcome to our podcast series, Coffee with the Council. I'm Alicia Malone, Director of Communications and Public Relations for the PCI Security Standards Council. As many of our listeners are aware, we are quickly approaching the deadline to adopt the future-dated requirements of PCI DSS version 4.0.1 on March 31st, 2025. Over the course of the last year, the Council has received feedback that more guidance was needed to properly implement some of the e-commerce security requirements in the stan

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APAC Sees 23% Decline in Crypto Fraud

Fintech News

Cryptocurrency fraud is declining in Asia-Pacific (APAC), driven by advanced technology adoption and stricter regulatory oversight. According to a new report by Sumsub, crypto fraud rates declined by a remarkable 23% between 2023 and 2024, positioning APAC as a leader in combating crypto fraud. The report, based on Sumsubs internal identity verification and user activity data from 2023 and 2024, along with a survey of over 300 companies across the crypto, banking, payments, and e-commerce sector

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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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Core10 Taps PayNearMe to Facilitate Loan Repayment

Finovate

Core10 is partnering with PayNearMe to integrate loan repayment options, allowing its bank clients to offer payments via PayPal, Venmo, Cash App Pay, Apple Pay, Google Pay, ACH, and even cash at 62,000 retail locations. The integration with Core10s Mesh middleware simplifies adoption, enabling real-time core banking connections for faster payment posting, balance updates, and improved transaction accuracy.

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Somalia Launches First Nationwide Instant Payment System Powered by BPC

Fintech Finance

The Somalia Payment Switch (SPS1) has successfully launched the country’s first ever Instant Payment System with QR payments support powered by BPC’s next generation SmartVista platform, a global leader in payment solutions2. Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability.

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Building Boom Won’t Solve Insolvency Issues: ProjectPay Urges For Cashflow Crisis to be Solved

The Fintech Times

Cashflow problems are impacting the construction industry, and could potentially get worse in the government’s building boom. According to a new report from ProjectPay , the construction paytech, simply digitising payments isn’t enough to solve this issue. This report was created following funding from the government’s innovation division, Innovate UK , and explores how cashflow problems in the construction industry can be solved.

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JPMorgan leads quantum computing race

Bank Automation

While AI is garnering all the attention when it comes to innovation and funding, major financial institutions are developing quantum computing in the background to prepare for the future. And JPMorgan is the front runner when it comes to developing quantum computing in financial services, according to a March 20 report from think tank Evident […] The post JPMorgan leads quantum computing race appeared first on Bank Automation News.

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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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Validus Halts New Loan Disbursements in Vietnam

Fintech News

Validus , an SME financing platform, has ceased new loan disbursements in Vietnam, DealStreetAsia has learned. The company cited delays in regulatory approvals, and will now focus on debt collection while continuing to serve existing investors and customers, Validus Vietnam has been scaling back its loan book in the country over the past year, reducing it by more than 50%.

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Mortgage as an employee benefit? Kleiner Perkins leads $23.5M Series A for Multiply Mortgage

TechCrunch Fintech

After hitting record lows at the start of the pandemic, mortgage rates began to climb in 2022 and havent come down significantly since. With 30-year mortgage rates hovering at over 6.5% today (they were as low as 2.49% in 2020!), buying a home is simply not that attainable for many people. One Denver-based startup is […] 2024 TechCrunch. All rights reserved.

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Monzo Aims to Put Over £3 Billion Back in Brits’ Pockets With Monzo Split, a Free Feature That Removes the Hassle of Shared Expenses

Fintech Finance

Monzo has found that Brits are losing a staggering £3.2 billion every year because they feel too awkward to ask for their money back after covering shared expenses. The average person waves goodbye to £61.48 each year by dodging those uncomfortable “Can you send me that £5?” texts, with 68% admitting they find it awkward to ask someone for money they are owed.

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Brands Have a Responsibility to Educate Young Adults About Debt, Says CALM and MoneySuperMarket

The Fintech Times

Over half (62 per cent) of young adults think financial and retail brands don’t do enough to help them understand the risks around credit, despite 56 per cent believing financial brands actively encourage young people to take on loans or credit, according to new research conducted by media agency UM. A survey of 1,500 young adults (aged 18 to 24 years) across the UK, carried out in partnership with suicide prevention charity Campaign Against Living Miserably (CALM) and price comparison sit

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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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Jack Ma-backed Ant touts AI breakthrough using Chinese chips

Bank Automation

Jack Ma-backed Ant Group Co. used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by 20%, according to people familiar with the matter. Ant used domestic chips, including from affiliate Alibaba Group Holding Ltd. and Huawei Technologies Co., to train models using the so-called Mixture of Experts machine learning approach, […] The post Jack Ma-backed Ant touts AI breakthrough using Chinese chips appeared first on Bank Automation News.

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HSBC Shifts Investment Banking Focus to Asia, Middle East Amid Global Restructuring

Fintech News

HSBC Holdings plans to ramp up investment banking efforts in Asia and the Middle East following a strategic retreat from the US and Europe, CEO Georges Elhedery told Bloomberg Television. Georges Elhedery Elhedery, who took over in September, said the bank is reallocating US$1.5 billion in cost savings toward areas of growth. The focus includes strengthening debt and financing capabilities globally, while sharpening its presence in Middle Eastern equity capital markets and M&A advisory.

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Fintech Mercury lands $300M in Sequoia-led Series C, doubles valuation to $3.5B

TechCrunch Fintech

Digital banking startup Mercury has raised $300 million in primary and secondary funding at a $3.5 billion post-money valuation, the company confirmed to TechCrunch on Wednesday. The valuation is more than double the startups valuation when it last raised capital a $120 million Series B round in 2021 that valued the company at $1.

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Fundiin Teams up With Visa to Enhance Credit-scoring Model

Fintech Finance

Fundiin , Vietnam’s leading Buy Now, Pay Later (BNPL) platform, has announced a strategic partnership with Visa to elevate its credit-scoring model to global standards. The partnership’s aim is to enhance Fundiin’s risk management capabilities, reduce costs, and expand credit opportunities for Vietnamese consumers, especially the unbanked and underbanked.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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ICBA Payments Partners With Mastercard, Helping 1,400 Community Banks Modernise Card Programmes

The Fintech Times

ICBA Payments , the payments-services subsidiary of the Independent Community Bankers of America (ICBA), has forged a new partnership with payments giant Mastercard to offer enhanced card and payment services for 1,400 community banks. Through the new strategic partnership with Mastercard, ICBA Payments aims to helpcommunity bankers modernise their card programmes through new innovative features, providing an enhanced customer experience. “Today, were not only upgrading payments but also i

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Banks could lose Gen Z trust with poor tech

Bank Automation

Financial institutions that lag in technology may lose the trust of younger consumers. Gen Z customers, who are often motivated by their social values and mobile-first lifestyles, trust PayPal and Apple more than they trust traditional financial institutions, and millennials will leave a bank due to a poor digital experience, Tiffani Montez, principal analyst at […] The post Banks could lose Gen Z trust with poor tech appeared first on Bank Automation News.

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Paymentology Appoints Former Visa Exec Minh Ha Truong to Drive APAC Growth

Fintech News

Paymentology, a global issuer-processor, has appointed Minh Ha Truong as its new Head of Growth for Asia Pacific. She brings over two decades of experience in the payments industry, including a 16-year tenure at Visa. Minh Ha played a key role in establishing Visas operations in Vietnam and expanding its business across the Indochina market. In her new role, Minh Ha will spearhead Paymentology s growth strategy across the region, working closely with clients, partners, and governments to drive i

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Trek Taps Gr4vy for Online-to-Offline Payment Capabilities

Finovate

Trek partnered with Gr4vy to power an online-to-offline payment experience, offering consumers accurate inventory checks and simplified checkout. Gr4vy’s payment orchestration dynamically routes transactions, which reduces friction, increases authorization rates, and allows Trek to manage multiple merchants efficiently. Gr4vy provides Trek with a no-code, cloud-native platform to quickly implement diverse payment methods, comply with data laws, and enhance fraud prevention.

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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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BC Payments Pte. Ltd. Secures In-Principle Approval for Major Payment Institution License from MAS

Fintech Finance

Banking Circle S.A. (Banking Circle), a Luxembourg licenced bank and a leading international provider of next-generation banking services, is pleased to announce that its wholly owned subsidiary BC Payments Pte. Ltd. (BC Payments Singapore) has received the In-Principle Approval (IPA) for the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

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Elbow Beach: Second Climate Fund Ensures Next Round of Climate Conscious Innovations Have Support

The Fintech Times

Backing startups across the UK that are looking to launch tech solutions tackling the biggest industry problems while maintaining a climate focus, Elbow Beach , the climate impact seed investor has achieved the first close of its second fund valued at 63million. Through its Enterprise Capital Funds programme, the British Business Bank , the British state-owned economic development bank, contributed 50million to this fund.

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Podcast: Citizens moves from scraping to APIs for payments

Bank Automation

Citizens Bank is advancing its digital payments strategy in 2025, with a focus on embedded finance and omnichannel capabilities. For example, Citizens is moving from screen scraping to an API-enabled environment, allowing it to use insights from its private banking segment in other segments, such as SMB, mid-market and commercial, Taira Hall, executive vice president […] The post Podcast: Citizens moves from scraping to APIs for payments appeared first on Bank Automation News.

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Funding Societies Secures Equity Investment from Gobi Partners

Fintech News

Funding Societies | Modalku, a Southeast Asian SME digital finance platform, has secured an equity investment from Asia-focused venture capital firm Gobi Partners. The sum was not disclosed. The investment by Gobi supports Funding Societies financial stability and expansion beyond SME financing into payments since 2022. It will help further enhance Funding Societies technology-driven approach, leveraging AI and automation to streamline lending processes and improve risk management.

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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.