Payments Dive

JULY 24, 2024

The payments behemoth says its data team will use AI to mine transactions on its products to help merchants and financial institutions profit.

AI 147

AI Transactions Product Payments 147

PCI Security Standards

JULY 24, 2024

Prepare to immerse yourself in a world of innovation and expertise as the PCI SSC Community Meetings unite the foremost thinkers in payment security. Welcoming individuals from all corners of the payments industry, we invite anyone in the payment space to register and seize the chance to explore cutting-edge advancements, exchange insights, and enhance their understanding of global payment security.

Payments 115

Payments Payment Security Global Payments Security 115

Finextra

JULY 23, 2024

The Federal Trade Commission is investigating how companies including Mastercard and JPMorgan Chase use AI and personal data for services that let firms set different prices for different people.

Federal Trade Commission 114

Federal Trade Commission FTC Visa AI 114

Stax

JULY 25, 2024

Years ago, point-of-sale (POS) systems were reserved for large enterprises with big budgets. Thanks to the rise of SaaS platforms, that’s no longer the case. Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business. Whether you run a brick and mortar retail business or a multi-location restaurant, you can always find an option for every price point.

Small Business 88

Small Business PCI DSS CRM Online and Mobile Banking 88

Speaker: Shaunna Bruton and Kailey Holmes

Unlock the potential of customer data to create personalized retail experiences that resonate with your audience. This webinar will explore the critical role of customer data in modern retail, providing you with strategies to collect, analyze, and apply data to enhance personalization. Learn from leading retailers, like Harry Rosen, and experts on how to turn data into actionable insights that drive customer satisfaction and loyalty.

Process

The Fintech Times

JULY 24, 2024

The ‘FutureTech World Cup’, a new initiative launched by Dubai AI & Web3 Festival and Trescon to recognise and support emerging tech startups, is now underway. On 10 July 2024, ten pre-qualified startups from across the globe pitched ideas to a panel of five jury members at the Dubai AI Campus. Three startups – Momint , Nettle and Orbii – advanced to the grand finale, set to take place on 11 to 12 September 2024, during the Dubai AI & Web3 Festival.

AI 100

AI Economy Innovation FinTech 100

Payments Dive

JULY 22, 2024

Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu.

Card Issuer 150

Card Issuer Visa Cybersecurity Issuers 150

Fintech Finance

JULY 25, 2024

Alipay+ , the cross-border mobile payment and digitalization solutions operated by Ant International, continued its global summer campaign, which was kicked off by UEFA EURO 2024, in preparation for the travel industry’s full rebound by the end of 2024. Alipay+ is the Official Payment Partner of the UEFA EURO 2024 , and connects leading e-wallets and bank apps, including European partners like Bluecode and Tinaba, to 400,000 merchants across Europe.

Cross-Border 96

Cross-Border Tax Refunds eWallet SARS 96

Segpay

JULY 23, 2024

There’s been a lot of talk about changes to cross-sales and checkout pages. You’ve likely noticed that acquirers are actively pushing back on allowing merchants to offer a negative option, upsell, or cross-sell on payment pages. Our U.S. and many of our EU acquirers no longer support these additional sales. The bank will reject or decline the account even if we present a merchant with an existing biller payment form, a negative option, or an opt-out cross-sale on a payment page.

FTC 105

FTC Payments Federal Trade Commission Push-to-Card 105

Fintech Review

JULY 24, 2024

In emerging markets, fintech is profoundly transforming financial services. These markets, often characterised by underdeveloped financial infrastructure , benefit significantly from fintech innovations. This article delves into how fintech is reshaping financial services in these regions. We will explore success stories, the pivotal role of mobile money , and the unique challenges faced.

FinTech 98

FinTech Financial Literacy Online and Mobile Banking Financial Inclusion 98

Payments Dive

JULY 22, 2024

Embracing secondary-credit offers enables retailers to offer credit to customers who have less-than-perfect credit, otherwise known as nonprime consumers.

Finance 148

Finance Consumer 148

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AI

Fintech News

JULY 24, 2024

Broadridge Financial Solutions has named David Runacres as President of its Asia-Pacific (APAC) operations. Based in Tokyo, Runacres will oversee the company’s regional activities and also serve as Senior Country Officer for Japan, a key market for Broadridge ‘s growth strategy. Runacres comes from the London Stock Exchange Group (LSEG), where he led the Japan division for 12 years.

APACS 96

APACS Client Management Innovation FinTech 96

Fintech Finance

JULY 24, 2024

PayU GPO , the leading online payment service provider operating in over 50+ emerging markets, today announces the appointment of Simona Covaliu as Chief Risk Officer. Covaliu brings over 18 years of experience to the role, having worked at various global companies including Booking.com as Senior Risk Manager, Uber as Chief Risk and Compliance Officer, and Mambu as VP of Risk and Compliance.

Risk 97

Risk Privacy Compliance Regulatory Compliance 97

Finextra

JULY 23, 2024

Following its successful entrance in other EU nations, Mintos, the multi-asset investment platform offering a unique mix of alternative and traditional investment options, continues its European rollout by making its official debut in the Portuguese investment market.

Continuity 99

Continuity 99

The Fintech Times

JULY 20, 2024

The Hong Kong Monetary Authority (HKMA) has revealed the participants for its stablecoin issuer sandbox, which will be able to test plans to issue a stablecoin in Hong Kong. Launched by HKMA in March 2024, the stablecoin issuer sandbox is part of the regulator’s efforts to facilitate responsible development of the stablecoin ecosystem in Hong Kong.

Stablecoins 100

Stablecoins Participant Cross-Border Issuers 100

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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.

Payments

Payments Dive

JULY 26, 2024

“Interfaces need to be standardized to ensure a consistent and reliable payment experience for businesses and consumers,” writes one payments software executive.

FedNow 88

FedNow Consumer Payments 88

Fintech News

JULY 24, 2024

The financial sector is on the edge of a major transformation powered by continuous technological advancements. At the recent Huawei HiFS Frontier Forum 2024 in Shenzhen, industry leaders discussed how cloud, network, storage, and computing infrastructures can strengthen financial systems’ resilience. The forum’s theme, “ Boost Resilience, Reshaping Smarter Finance Together ,” encapsulates the industry’s collective ambition to navigate the challenges of an uncertain

Finance 101

Finance Risk Mitigation Automation AI 101

Fintech Finance

JULY 25, 2024

The financial institution that offers frictionless payments and FX to businesses, My EU Pay selects ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to provide a range of banking services for their clients. My EU Pay will use ClearBank’s API to offer its customers real-time clearing, allowing them to access the UK Faster Payments Service and multi-currency services, which have been in demand with their customers for some time.

Multi-Currency 87

Multi-Currency Payment APIs and Integration IBAN Faster Payments 87

Finextra

JULY 23, 2024

Blackhawk Network (BHN) and Mastercard Announce Global Environmental Sustainability Initiative Mastercard, BHN transitioning open-loop prepaid cards supplied to third party retail networks from plastic to paper-based materials

Visa 98

Visa 98

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.

Transactions

The Fintech Times

JULY 22, 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. When thinking about a financial service doing ‘good’, one of the first things that comes to mind is accessibility.

Adjustments 91

Adjustments Online and Mobile Banking Financial Inclusion FinTech 91

Payments Dive

JULY 25, 2024

Forcing banks to reimburse authorized payments could encourage bad behavior and would not deter scammers, bank executives said in a Senate hearing.

Zelle 97

Zelle Scams Authorization Payments 97

Fintech News

JULY 24, 2024

DBS and Deloitte have introduced the Sustainability Accelerator Tool , designed to assist small and medium-sized enterprises (SMEs) in Singapore in evaluating their sustainability maturity levels. This tool provides industry-specific recommendations, enabling companies to better identify and address gaps in their sustainability journeys more effectively.

Addressing 91

Addressing Governance Government FinTech 91

Fintech Finance

JULY 24, 2024

Customers of fintech lender Plenti now have a new way to make additional loan repayments, made possible with National Australia Bank’s (NAB) Pay by Bank solution, which enables PayTo transactions. This innovative technology, developed by global fintech Banked in partnership with NAB, enables fast and secure payments straight from a user’s bank account.

FinTech 93

FinTech Reconciliation Real Time Payments Accounts 93

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In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

End User

Finextra

JULY 25, 2024

Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over the last couple of years.

Payments 94

Payments 94

Bank Automation

JULY 26, 2024

Chicago-based Alliant Credit Union has selected Jamie Warder as its chief information officer and head of business strategy, effective July 8. In his new role, Warder is responsible for the technology and business strategy at the $20 billion credit union, according to a company release.

Credit Union 73

Credit Union Technology Posting Compliance 73

Payments Dive

JULY 23, 2024

The Federal Trade Commission demanded information from eight companies, including the card network, to better understand how consumer data is being used in the pricing of products and services.

Federal Trade Commission 88

Federal Trade Commission FTC Visa Product 88

Fintech News

JULY 23, 2024

HSBC and the Singapore Business Federation (SBF) signed a Memorandum of Understanding (MOU) to help Singapore businesses explore growth opportunities in key trade corridors such as the Greater Bay Area, India, and the Middle East. The agreement aims to leverage HSBC ‘s global network and range of solutions to support local businesses in their sustainable transition and international expansion.

Agreements 98

Agreements FinTech Finance Posting 98

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In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

Innovation

Fintech Finance

JULY 24, 2024

The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, is pleased to announce that Carl Slabicki, Executive Platform Owner of Treasury Services at BNY, has been named the new Chairperson of the FPC Board of Directors. Carl succeeds Michael Bilski, CEO of North American Banking Company, who has served as Board Chairperson since 2019.

Faster Payments 92

Faster Payments FPC FedNow RTP 92

Finextra

JULY 24, 2024

UK neobank app users are on track to surpass legacy banks for the first time by Q1 2025, according to research conducted on the Google Play Store by SplitMetrics.

Research 83

Research 83

FloQast

JULY 22, 2024

AI. Two letters that, when combined, elicit a weird combination of panic and hope. For years, we’ve been talking about the talent crunch facing the accounting profession. Accountants leaving in droves, fewer majors at universities, and growing expectations have created a vicious cycle in which accountants are busier — and more stressed — than ever before.

AI 87

AI Accounts Automation Continuity 87

Payments Dive

JULY 26, 2024

PayPal’s chairman of nine years left that post this week, and was replaced by one of the board’s newer members.

PayPal 88

PayPal Posting 88

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Innovation