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Why small banks may shun Zelle

Payments Dive

Transactions on the Zelle network also gives Early Warning Services access to troves of customer data that it can use to power emerging payment technologies like agentic artificial intelligence bots and digital wallets that make purchase recommendations for consumers, or in some cases, do their shopping for them, Crone said. “To

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Global Holiday Season Spending Expected to Grow by 16% in 2024, BNPL Surges While Synthetic Identity Fraud Emerges as Top Threat

Fintech Finance

Global holiday spending is expected to rise 16% in value from October through December 2024 compared to the same period last year, according to analysis by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology. ” Key report insights at a glance Payment trends (H1 2024 vs.

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COVID-19, Data Security, Shelved Madewell IPO Top This Week’s News

PYMNTS

US Retailers Confront Data Privacy Shifts (Merchants Guide To Navigating Global Payment Regulations). Banking Bots: The Good, The Bad And The Ugly (Digital Fraud Tracker). Automated bots can overwhelm the cybersecurity groups of banks, but many bots are, in fact, beneficial. percent to 57 percent as of March 6.

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If Facebook Wants To Be WeChat, Why Did It Launch Libra?

PYMNTS

Facebook’s launch of Libra on June 18 unleashed a firestorm of media coverage, mostly repetitive, and mostly a piling on over the regulatory bear that it poked when unveiling its global payments plus cryptocurrency plans. Bots on Messenger were launched in April of 2016 – two years after Marcus took charge – to much fanfare.

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Money20/20 Asia 2024: Event Recap and Main Announcements

Fintech News

Other sessions also delved into key trends and issues shaping the global payment landscape, including open banking in Europe, the QR code revolution in Asia as well as the US’s card dominance. Day 1 of Money20/20 Asia 2024 showcased a series of insightful sessions and discussions.

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Western Union Teams Up With Facebook Messenger For Global Money Transfers

PYMNTS

While companies like American Express are installing new bots for customer service, Western Union is taking its Facebook integration to a new level. The global payments company announced its development of a money transfer bot for Facebook’s Messenger.

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Xsolla Optimises Payment Channels for Gaming Developers With Expansion, Acquisition and Launches

The Fintech Times

It will also utilise LF.Group’s advanced Discord bot technology, enhancing interactions and transactions within gaming communities. Xsolla has also launched a new Mobile Software Development Kit (SDK), to help developers expand their payment options, go direct-to-consumer, and improve their game’s revenue potential.