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As flower orders surge ahead of Mothers Day, global digital payments company Checkout.com is supporting Interflora to deliver high performing payments at scale. The partnership has enabled a 95.4% acceptance rate across Interfloras European markets – their highest ever – helping the international flower delivery network meet peak demand with confidence.
Standard Chartered has launched SC GPT, a GenAI tool, across 41 markets worldwide as part of its strategy to integrate AI into its business. The tool is designed to improve operational efficiency and client engagement. SC GPT is expected to support over 70,000 employees globally by improving operations and productivity, tailoring sales and marketing efforts to drive revenue, advancing software engineering through automation, and enhancing the way risks are measured, managed, recorded, and report
This Friday, March 28, 2025, marks the end of an era for DBS Bank as Piyush Gupta steps down after an extraordinary 16-year tenure as Chief Executive Officer. His leadership has been nothing short of transformative. During his tenure, he turned DBS from a traditional lender into a globally recognised powerhouse of digital banking. When Piyush took the reins in 2009, DBS was in dire need of a strategic overhaul.
New research from lending firm, Creditspring has been published during Debt Awareness Week to shed light on the fact that two million UK adults have borrowed from illegal lenders in the last 12 months. Given that 15 per cent (7.6) million of the population will need to borrow to get by over the next six months, Creditspring is calling for more affordable borrowing options.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
To remain competitive in the rapidly evolving digital environment, businessesmust respond quickly to technological developments. One key transition is integrating digital solutions into current platforms, which, while improving operational efficiency and customer experience, is typically a complex process requiring extensive technical expertise. However, with the correct tools and solutions, such as Paytiko’s payment gateway, businesses can integrate digital payments without requiring soph
A new European Commission ruling will require Apple to open up a range of iOS connectivity features to third-party devices so that, for example, an iPhone owner will be able to use their choice of NFC-enabled wearable to make a payment using a card they have stored on their smartphone. The move follows last year’s deal between Apple and the EU to open up access to the iPhones NFC functionality so that third-parties can offer iOS users a host card emulation-based alternative to Apple Pay.
commercetools, the most versatile platform for enterprise commerce innovation, has introduced commercetools Payment Hub , a new destination that gives enterprises full control over their payment strategy–without the excessive fees charged by other commerce platforms that double as payment providers. commercetools has also expanded its partnership with Stripe, a financial infrastructure platform for businesses, as the first of several global payment service providers (PSPs) to integrate wit
commercetools, the most versatile platform for enterprise commerce innovation, has introduced commercetools Payment Hub , a new destination that gives enterprises full control over their payment strategy–without the excessive fees charged by other commerce platforms that double as payment providers. commercetools has also expanded its partnership with Stripe, a financial infrastructure platform for businesses, as the first of several global payment service providers (PSPs) to integrate wit
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.
ClientTether is a top-rated franchise CRM purpose-built to support the entire franchise life cycle, from initial development to long-term success. Born out of real need, ClientTether unknowingly filled a critical gap, quickly becoming a trusted leader in meeting the unique challenges of franchise systems. By empowering corporate franchise teams to streamline both franchise development and ongoing unit support, ClientTether helps franchises grow smarter, faster, and more efficiently.
Embedded finance and multi-banking give corporates greater control, new revenue streams, and stronger networks, unlocking value beyond traditional banking. In todays rapidly evolving financial landscape,disintermediation of finance, where financial services are embedded directly into non-financial platforms, presents a unique opportunity for corporates toown a bigger share of valueand gain control over the financial relationships with their customers to satisfy needs within their merchant networ
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
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
An international survey on the uptake, trust, and future of real-time payments (RTP) from global analytics software leader FICO highlights the need for UK banks to focus on building confidence in the security of the payment method. While three quarters of consumers in the UK say they have sent (79%) and received (73%) RTP, nearly a quarter (23%) say they do not know if RTP processes include enough security checks.
According to the 2024 Nasdaq global financial crime report, fraud scams and bank fraud schemes alone cost have cost businesses across the globe $485.6billion. To help put a dent in this figure, Creditinfo , a global service provider for credit information and risk management solutions, has launched its global identity, know your customer (KYC), and fraud and ID solution.
A cash shortage, a payment delay, and limited payment options. These three things can derail your cash flow and frustrate your customers at checkout. Thats why 92% of consumers and 82% of companies reportedly made the switch to electronic payments, like Electronic Funds Transfers (EFT) and Automated Clearing House (ACH). Checks can bounce, and cash can get lost.
The RAIN Alliance is to create a new standard that will enable manufacturers to integrate support for Ultra High Frequency (UHF) tag reading into standard smartphones, making it possible for consumers and enterprises to interact with products containing RFID tags without needing specialist equipment. The move follows Qualcomms announcement that it is working to integrate RAIN functionality into its mobile device chipsets and Zebra’s January launch of an enterprise Android smartphone with b
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?
Financial institutions are bracing for what could be a historical year in fraud cases. Fraud losses reached $12.5 billion in 2024, up 25% from 2023, according to a report released today by cloud-based digital banking solutions provider Alkami, referencing data from accounting firm KPMG. This year is expected to top 2024, with 77% of FIs […] The post 77% of FIs expect record fraud cases in 2025, study says appeared first on Bank Automation News.
Leading European fintech myPOS has acquired UK-based payment solutions provider UTP Group Ltd (UTP) , reinforcing its commitment to delivering advanced payment solutions to small and medium-sized enterprises (SMEs) across the UK and Europe. With over a decade of experience and backed by leading global private equity investor Advent, myPOS has consistently delivered innovative and scalable payment solutions that meet the evolving needs of SMEs and empower them with real-time access to funds.
Founded in 2010, the FinTech Innovation Lab New York, a 12-week programme founded and run by Accenture , the digital service provider, and the Partnership Fund for New York City , helps early- and growth-stage fintechs accelerate product and business development. Marking its 15th year, the latest 11 firms selected to take part in the programme have been announced.
Mexico City-based Mendel has raised $35 million in a Series B round of funding, it tells TechCrunch exclusively. Corporate spend management platform Mendel last raised in December 2021 — a $15 million Series A round and $20 million in debt — after participating in Y Combinators Winter 2021 cohort.
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.
Payment processing is a major part of business operations, influencing cash flow, customer satisfaction, and overall efficiency. However, the methods and preferences for processing payments vary between small businesses (SMB) and large enterprises. This article explores these differences in the USA and Canada for small business vs enterprise payment processing.
NFC CHIP: The digital product passport in the shoe sole provides access to details including material origins Each of Tod’s iconic custom Gommino moccasins now comes with an NFC tag integrated into the sole that lets customers authenticate the product and learn about the origin of the materials used. The move follows Tod’s introduction of a similar digital product passport offering for its custom Di Bag. “With My Gommino, customers can create unique versions of the iconic Tods
Payments giant Mastercard is joining forces with Ethio Telecom , a telecommunications service provider in Ethiopia, in a move to enhance financial inclusion and wealth creation in East Africa. Through the collaboration, Mastercard is combining its global capabilities with Ethio Telecom’s extensive customer base to address critical barriers to financial access and economic empowerment in and around Ethiopia.
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.
Lloyds Bank is training its top executives on AI so they can better work with AI-driven tools as the bank deploys the technology. The London-based $1.1 trillion bank sent 300 senior executives to University of Cambridge to learn AI. The end goal is for attendees to understand what AI is, what it can do and […] The post 300 Lloyds execs grab backpacks for AI training at Cambridge appeared first on Bank Automation News.
Fiserv, Inc. (NYSE: FI) , a leading global provider of payments and financial services technology, today announced the launch of Clover in Australia. As the world’s smartest point-of-sale system and software platform, Clover will power the country’s small-to-medium businesses, by offering an all-in-one solution that streamlines operations, enhances efficiency and helps business grow.
B2B payments and invoicing network TreviPay has introduced new B2B purchase controls. The controls will leverage automation to help reduce manual reconciliation activity and enhance compliance with procurement requirements. Headquartered in Overland Park, Kansas, TreviPay made its Finovate debut at FinovateFall 2022 in New York. Global B2B payments and invoicing network TreviPay recently unveiled new, advanced purchase controls.
The buy now, pay later industry sued to block the consumer-friendly rule, arguing that the services are not the same as those offered via credit cards.
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
UK banks need to focus on building confidence in the security of real-time payments, global analytics software leader FICO has urged following its latest international survey. According to the FICO survey, three-quarters of consumers in the UK say they have sent (79 per cent) and received (73 per cent) real-time payments (RTP). However, nearly a quarter (23 per cent) say they do not know if RTP processes include enough security checks.
BNY is tapping into the BaaS market by combining traditional financial services with modern technology and strategic partnerships. With $30 billion assets under management, BNY is using APIs, real-time payments and enhanced risk management tools to scale services and ensure compliance, Carl Slabicki, executive platform owner of treasury services at BNY, told Bank Automation News. […] The post BNYs strategic approach to BaaS appeared first on Bank Automation News.
Bancomat , Bizum and SIBS are bringing European payments to the next level through EuroPA, the European Payments Alliance, by achieving a significant milestone in cross-border payments in Europe. Bancomat, Bizum and MB WAY have begun rolling-out their connection, which will enable users in Italy, Portugal, Spain and Andorra to send and receive money instantly to mobile phone numbers, using their preferred payment solutions.
This week marks Eid al-Fitr, the festival celebrating the end of Ramadan and the breaking of a month-long fast. Similarly, the close of this quarter feels like fintech is breaking its own fast, with Klarna filing its IPO prospectus, Rocket Companies announcing major acquisitions of Mr. Cooper and Redfin, and regulatory frameworks beginning to ease in the U.S.
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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