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Payrails raises $32 million

Finextra

Sign in Sign up News Latest news Company updates Long reads TV Research Events All Conferences Webinars Popular Community Community latest Latest expert opinions Groups Search members Jobs APIs Sign in Sign up News Back News Latest news Company updates Long reads TV Research Events Back Events All Conferences Webinars Popular Community Back Community Community latest Latest expert opinions Groups Search members Jobs APIs payments markets retail wholesale wealth regulation crime crypto sustainabl

Privacy 115
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Adyen opts for build over buy

Payments Dive

Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows Payments industry news Let Payments Dives free newsletter keep you informed, straight from your inbox. By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Adyen opts for build over buy The Dutch p

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Fiserv CEO embraces stablecoins

Payments Dive

Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows Payments industry news Let Payments Dives free newsletter keep you informed, straight from your inbox. By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Fiserv CEO embraces stablecoins The proce

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Request for Comments: PCI Key Management Operations (KMO) v1.0 Standard

PCI Security Standards

From 16 June to 18 July, eligible PCI SSC stakeholders are invited to review and provide feedback on the draft PCI Key Management Operations (KMO) v1.0 Standard during a 30-day request for comments (RFC) period.

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Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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inDrive Launches First Fully Embedded Pix Payment Experience in Brazil

Fintech Finance

inDrive, a global mobility and urban services platform operating across 48 countries, has introduced seamless Pix via Open Finance payments for its ride-hailing and delivery services in Brazil. With technology provided by Belvo , the new feature – an innovation in the Brazilian Ride Hailing and Delivery landscapes – brings an integrated, peer to peer, safe and effortless digital payment option into the inDrive app.

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Crypto Firms in Indonesia Must Rethink Their Compliance Now, Or Risk Losing Out

Fintech News

Once known for speed and disruption, Indonesia’s crypto industry is now facing its biggest reckoning: compliance or irrelevance. With OJK taking the regulatory reins and the Travel Rule now in force, crypto firms in Indonesia must evolve fast or risk falling behind in global markets, regulatory approval, and user trust. For these firms, it’s a call to build trust, embrace transparency, and lead with compliance as the new currency of credibility.

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Paysend launches instant settlement accounts to enable businesses to unlock liquidity by receiving, moving and settling funds globally in real-time

The Payments Association

Earlier this month , Paysend announced the launch of Instant Settlement Accounts. This new feature enables PSPs, Banks, Marketplaces, FX Brokers and Freelancer/Contractor EOR Payroll Platforms to unlock $400 billion in liquidity trapped in cross-border payment processing. Treasurers and CFOs can receive, convert, and settle funds instantly between the UK, Europe, and North America to optimise liquidity.

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The Future is Here: Visa Asia Pacific Announces New Era of AI-Driven Commerce

Fintech Finance

The future of commerce in Asia Pacific is on display at the Visa Asia Pacific Media Showcase, where the company announced a suite of product innovations and strategic partnerships to enable a new era of commerce for the region. Jack Forestell, Visa’s Chief Product and Strategy Officer said , “Combining the strength of our global network with our leadership in payment innovation here in Asia Pacific, we are bringing new products and solutions that will transform commerce and deliver t

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Summit Lays Off Over a Third of Staff Following Rebrand, Strategic Refocus

Fintech News

Summit, the fintech firm previously known as Spenmo, has laid off 24 employees out of its 64-person team across Singapore, Indonesia and India. The job cuts, which impacted staff across all departments, were first reported by Tech in Asia and confirmed by a retrenched employee. Staff were notified of the layoffs through an internal email sent on Wednesday.

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Visa, Mastercard race to agentic AI commerce

Payments Dive

The two top U.S. card networks are speeding to develop payments services that will enable bot-based buying, with digital rival PayPal also making a play.

Bots 109
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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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Should Your Business Go Cashless?

Cardfellow

The use of cash as the de facto payment option is shrinking, and nearly 40% of Americans favor going completely cash-free. Then, in the summer of 2017, Visa stepped up a “war on cash” by offering businesses money to go cashless. While it didn’t lead to the elimination of cash, it’s nonetheless more common to see consumers pull out a card than cash in many parts of the country If you run a business, it’s almost inevitable that much of your sales are made using a method other than cash

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APP fraud: Mid-year review

The Payments Association

APP fraud reimbursement: A six-month policy review 16 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The early impact of the UK’s mandatory reimbursement policy for authorised push payment (APP) scam victims, implemented in October 2024. Why is it important? It assesses whether the new policy is effectively protecting consumers and reducing fraud, while also highlighting ongoing challenges and debates about a broader, cross-sector approach to tackl

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First International Bank & Trust (FIBT) Named Service Bank for Raisin as Global Fintech Becomes First to Integrate with Kotapay’s Kavinu™ Platform

Fintech Finance

Kotapay , a division of First International Bank & Trust (FIBT), today announced Raisin , the global savings and investment platform, as the first financial technology company to integrate with its new bank-direct banking as a service (BaaS) platform, known as Kavinu. This integration expands on FIBT’s existing partnership with the German-based fintech leader, which already included serving as the holder of Raisin customers’ cash accounts.

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Retirees in Singapore Can Now Use CPF Life Payouts to Apply for Credit Cards

Fintech News

CPF Life payouts can now be used as proof of income when applying for credit cards at DBS and OCBC , with UOB expected to adopt the same policy soon, The Straits Times reported. From 11 June, Singaporeans and permanent residents aged 65 and above can use their monthly CPF Life payouts to apply for credit cards at DBS and OCBC. UOB has confirmed plans to adopt the change but has not given a specific timeline.

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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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Mobey Forum 25 years

Finextra

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May 2025 Changelog

Basis Theory

Apple Pay out of Beta and Now Includes MPANS We have officially launched our Apple Pay endpoints which enable the ability to use Apple Pay with any processor. With this release, users will be able to debundle tokens once and use those tokens with any processor.

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Open banking survey 2025: Insights from 500 UK SMEs

The Payments Association

Open banking survey 2025: Insights from 500 UK SMEs 16 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? A survey of 500 UK SMEs exploring their awareness, attitudes, and adoption barriers around open banking as a payment method. Why is it important? It reveals a fragmented landscape where no single benefit or barrier dominates, highlighting the need for education, clarity, and trust to drive adoption.

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XTransfer Partners with BNP Paribas to Simplify Cross-Border Payments at Money20/20 Europe

Fintech Finance

XTransfer , the world’s leading and China’s No.1 B2B cross-border trade payment platform, and BNP Paribas , the European Union’s leading bank, have signed a landmark Memorandum of Understanding (MOU) to roll out comprehensive cross-border financial services during Money20/20 Europe in Amsterdam. This collaboration aims to reduce the cost and processing time of cross-border payments for XTransfer’s clients, particularly benefiting global traders with significant markets in

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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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TerraPay and Whalet Partner to Expand Payout Network for SMEs

Fintech News

Global payments infrastructure company TerraPay has entered into a partnership with smart payment provider Whalet to support more efficient cross-border payouts for SMEs, particularly those operating in the Asia Pacific region. The collaboration will allow Whalet to enhance its payout capabilities by integrating TerraPay’s global payment network, which spans multiple regions.

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Barclays opens London innovation hub with Microsoft and Nvidia onboard

Finextra

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What’s the secret technology inside Chime?

Bank Automation

Fintech Chime has a secret. Tucked inside its IPO filing — the company, led by Chief Executive Chris Britt, plans to go public this month — is news of a proprietary technology platform called ChimeCore. ChimeCore, the fintech’s proprietary payment processor and ledger, was launched with little attention in 2024, and it allows Chime to […] The post What’s the secret technology inside Chime?

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The platform risk paradox: Managing digital commerce fraud at scale

The Payments Association

The platform risk paradox: Managing digital commerce fraud at scale 12 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? How digital commerce platforms manage escalating fraud risks while scaling operations. Why is it important? Rising fraud, complex regulations, and evolving threats are straining platforms’ ability to grow securely.

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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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Payment Orchestrator BR-DGE Expands APM Coverage with AstroPay

Fintech Finance

BR-DGE has announced the latest global alternative payment method (APM) supported on its platform, through a strategic partnership with AstroPay , the global digital wallet service. AstroPay is now integrated with BR-DGE’s platform, making it available as an alternative payment method (APM) for BR-DGE’s merchant customers across sectors like ecommerce, travel, gaming, and digital goods.

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Aspire, Payboy Unveil Integration to Streamline Payroll for Singapore Firms

Fintech News

Aspire has announced a new integration with Payboy, a payroll software provider serving over 70,000 users across Asia. The move makes Aspire the first fintech firm to integrate directly with Payboy, aiming to simplify payroll management for businesses in Singapore. Traditionally, payroll processing involves manually reformatting files for bank transfers, which can be time-consuming and prone to errors.

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Stax Payments Appoints Kevin Wall as Chief Financial Officer

Stax

Finance executive brings 35+ years of financial expertise to spearhead Stax Payments’ next chapter of strategic expansion, building on the company’s solid foundation and customer-first approach. ORLANDO – June 11, 2025 – Stax Payments , Inc. a leading payment technology provider, has appointed Kevin Wall as Chief Financial Officer. Wall’s impressive track record includes over 15 years of successfully leading finance organizations at top payments companies while navigating complex financial

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Cross-border Operations: The Cost of Doing Nothing is Higher

Finextra

In the middle of a busy EBAday 2025, Anastasia Serikova, VP, Head of Visa Direct Europe, Visa joined the FinextraTV studio to discuss current models within cross-border operations. Listing some of the alternative options to enable financial inclusion - mobile wallets, local currencies etc - Serikova explains the way that cross-border solutions are growing and giving more organisations the capability to participate.

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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now

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.

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Offline settlements with a digital pound: Lessons from the BoE’s report

The Payments Association

Offline settlements with a digital pound: Lessons from the BoE’s report 16 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? A Bank of England experiment proving that offline payments with a digital pound are technically feasible, but complex. Why is it important? It highlights major trade-offs in security, privacy, and policy that must be addressed before offline CBDC payments can scale.

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Moody’s Analytics deploying agentic AI tool

Bank Automation

Integrated risk assessment company Moody’s Analytics is deploying agentic AI tools and helping bank clients adopt the technology. The agentic AI market is expected to swell to $196.6 billion by 2034 with a compound annual growth rate of 43.8%, according to a March report from data analytics company Market.us. “Most of the banks have started already […] The post Moody’s Analytics deploying agentic AI tool appeared first on Bank Automation News.

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Vietnam Shifts Toward Digital Investment

Fintech News

Although securities trading is still relatively new in Vietnam, more users are turning to wealthtech and investment platforms, signaling growing interest in digital finance. Huy Nghiem, Founder and CEO of VNSC by Finhay (formerly Finhay), shared this trend in a conversation with The On Call Podcast by Insignia Ventures Partners, a leading Southeast Asian VC firm.

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Adyen and Booking.com: A global merchants selection framework on LPM expansion

Payments Dive

Local payment methods are outpacing traditional options. Discover how strategic payment choices are becoming revenue drivers, not just costs, for global businesses.

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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.