The Payments Association

OCTOBER 28, 2024

In the world of digital payments, fraud is an ever-present threat that continues to evolve, creating serious risks for both businesses and consumers. One of the most alarming trends identified in the report is the continued rise in social engineering scams, which now account for a significant portion of fraud activity.

Scams

The Payments Association

JUNE 9, 2025

These position the UK payments sector for continued evolution in a rapidly changing global financial landscape. One of RT2’s key resilience features is its trusted independent data store, which serves as a high-integrity reference for continuous data verification. RT2’s architecture is also designed to support extended operating hours.

ISO 20022

The Fintech Times

FEBRUARY 20, 2025

Loop , the commerce operations platform for Shopify brands, is partnering up with Global-e , the platform powering global direct-to-consumer e-commerce, to enhance returns management for merchants. “We were able to launch in 50 new markets without the typical operational complexity that comes with cross-border returns. .

Cross-Border

Fintech News

JUNE 25, 2025

Mastercard is also working with partners across the payments ecosystem to tackle broader first-party fraud issues, including refund and return abuse. Earlier this year, the company formed an industry working group to address these challenges collaboratively.

APACS

The Fintech Times

FEBRUARY 24, 2025

New data from Revolut hints towards the beginning of a power shift as women investors saw significantly better returns than men in 2024. Were also seeing better returns for women investors, who tend to be more risk-averse and deliberate in their choices, setting them up well for longer-term investment decisions.”

Returns

EBizCharge

MARCH 14, 2025

A standard refund policy explains the conditions under which customers can return a product or service and receive their money back. This typically occurs when a customer returns an item due to defects or dissatisfaction or tries to return an item past the agreed-upon return period.

Returns

Fintech Finance

NOVEMBER 19, 2024

Users will be able to manage their purchases seamlessly in the Klarna app—tracking deliveries, handling returns, and managing repayments—all in one place. With 85 million active consumers, and over 600,000 merchants, Klarna is a continuously expanding commerce network and the most popular global BNPL provider.

BNPL

The Payments Association

NOVEMBER 18, 2024

Banks should continue to address barriers such as consumer expectations and the need for technology expertise to maintain their competitive edge. Traditional banks continue to hold a significant portion of the market, with Traditional Commercial Banking expected to dominate in the Americas with a projected market volume of US$546.37

FinTech

Fintech News

APRIL 23, 2025

Analysts questioned whether the Singapore-based company could evolve beyond its aggressive subsidy-led model and deliver consistent, sustainable returns. Sea projects Shopees GMV will grow about 20% in 2025, with continued margin improvements. By late 2023, investor sentiment had soured. Fast forward to the end of 2024.

Adjustments

Fintech Finance

NOVEMBER 13, 2024

The funding and final return of funds will happen through a Citi full-value transfer solution, powered by Swift Go and using Citi’s proprietary SwiftGo converter. Swift Go is Swift’s fast, secure and predictable low-value payments solution that offers end-to-end visibility on payment status, as well as transparency on fees and FX costs. “Our

Payment Solutions

Fintech News

NOVEMBER 19, 2024

The conference returns for its second edition from 22 to 24 April 2025 at the Queen Sirikit National Convention Center. In 2025, Money20/20 Asia continues to evolve, bringing together top minds in banking and fintech. Over 50 speakers have already been confirmed to take the stage at Money20/20 Asia 2025 in Bangkok, Thailand.

APACS

Cardfellow

JUNE 25, 2025

Non-Receipt of Cash or Load Transaction Value Mastercard Chargeback Reason Codes Mastercard continues to have a long list of possible reason codes, as follows. Some businesses wonder what impact signature removal will have on chargebacks, or even question if they should continue to collect signatures. The individual codes are: 10.1:

Disputes

Fintech News

APRIL 2, 2025

The service aims to help startups and small businesses earn returns on idle capital, addressing a gap in the market where traditional savings accounts offer low interest rates. Aspire plans to roll out a new investment feature called Aspire Yield , integrated into its existing business accounts.

Product

Fintech Finance

DECEMBER 11, 2024

The partnership has delivered remarkable operational improvements, cutting SoF verification from weeks to an average of 4 days, with 65% of reports returned within 48 hours. This reduction in processing time is a huge leap forward for legal firms struggling with time-consuming manual financial checks.

Laws

Stax

APRIL 3, 2025

Currency conversion fees – Extra fee for international payments paid in foreign currency that need to be converted into USD Refund fees – Some providers charge a fee for businesses that issue a refund to cover the cost of returning funds to the buyer. Save payment details and enable the auto-fill feature for returning customers.

Payment Solutions

Clearly Payments

FEBRUARY 27, 2025

Projected) The data illustrates the rapid acceleration of online shopping, with a strong upward trajectory expected to continue as technology and consumer preferences evolve. Mobile Commerce Dominance Mobile commerce (m-commerce) continues to reshape the global ecommerce landscape, accounting for over 70% of all online retail sales in 2025.

BNPL

The Payments Association

NOVEMBER 12, 2024

Ongoing Maintenance: Continuous updates and support require dedicated resources. The requirement for systems to return results in real-time becomes essential, especially in a regulatory environment where monitoring for money laundering and fraud is a mandatory obligation.

Financial Crimes

Fintech Finance

FEBRUARY 5, 2025

Transfeeras continuous transaction monitoring, automated screening, and instant refund mechanisms – aligned with the Central Banks Special Return Mechanismenhance security for both operators and users. The company also holds ISO 27001 and 27701 certifications, ensuring robust data protection and fraud prevention measures.

Regulations

Fintech News

MARCH 26, 2025

Shareholders enjoyed staggering returns, as dividends doubled and the bank committed to a massive stock buyback initiative. His ability to blend financial expertise with a technology-first mindset turned DBS into a global leader, setting the stage for continued success. The customer base, once modest, expanded to an impressive 18.5

Online and Mobile Banking

Fintech Finance

MARCH 20, 2025

Prior to partnering with Tink, Splitwise users had to exit Splitwise and go to their banking app to initiate payment and then return to Splitwise to confirm they had settled up with their friends. ” He continued: “In addition, regulation is furthering the reach of euro-denominated instant payments in the European Union.

Payment Service Provider (PSP)

Clearly Payments

JULY 12, 2025

non-cash payments increased 6%, with card-based transactions accounting for the vast majority of monthly spending as GDP-supported confidence returned. Healthcare and utilities continue to generate consistent, recurring payments even in downturns. trillion by 2030, up from $2.2 trillion in 2023, according to McKinsey.

Payments

Fintech Finance

NOVEMBER 22, 2024

Jussi Lindberg, Chief Revenue Officer of Trustly, comments: “We’re thrilled with our recent growth in the Italian market as demand for instant payments continues to grow. Trustly has developed the world’s largest bank payment network, uniquely capable of recognizing returning users across merchants and markets.

Transactions

Finovate

JULY 23, 2025

Quavo’s co-founder and strategic investor and technology partner Pegasystems will continue as significant shareholders. Founded in 2016, Quavo Fraud & Disputes made its Finovate debut at FinovateFall 2024 in New York and returned to the Finovate stage the following year for FinovateSpring in San Diego. billion for 10.8+

Disputes

The Fintech Times

JANUARY 23, 2025

Briana Marbury , CEO at the Interledger Foundation , the nonprofit grantmaking foundation, explores how in 2025, this challenge will continue to be tackled with banks making new partnerships with paytechs. By automating traditionally manual processes, banks can lend to more borrowers, especially small businesses and underserved communities.

FinTech

The Fintech Times

MARCH 14, 2025

Worse still, 41 per cent of affected customers never return to the retailer. As the retail landscape continues to evolve, this breakthrough technology paves the way for a future where fraud is minimised, false positives are eliminated, and shopping online is more accessible.

Finance

The Fintech Times

JUNE 3, 2025

The tailored experience continues with a dedicated account manager. to three per cent buyers agent commission, Zown retains just one per cent and returns the rest to the buyer as an upfront down payment boost that saves thousands of dollars on their transaction or can be used to buy down mortgage rates and lower monthly payments.

Process

The Payments Association

JULY 11, 2025

Customer relationship management integration yields particularly strong returns. EMV adoption continues globally, with 94.76% of card-present transactions now using chip technology. However, delaying modernisation risks technology debt and competitive disadvantage as customer expectations continue evolving. billion by 2030.

Point-of-Sale (POS)

The Fintech Times

FEBRUARY 19, 2025

Essa Kazim, governor of DIFC “DIFCs Strategy 2030 continues to position us as the top global financial centre in the region and as one of the worlds leading financial centres,” added Essa Kazim , governor of DIFC. Positive change The Global Financial Centres Index continues to rank Dubai as the regions leading financial centre.

AI

Fintech Finance

JANUARY 31, 2025

The tax authority recently awarded Trustlys Ecospend a new contract to continue to provide these solutions. Around 12 million people are expected to submit a self-assessment tax return for the 2023 to 2024 tax year before the 31st January 2025 deadline. More than 3.6 This is a 28% increase from the previous year.

Assessments

Finextra

JULY 7, 2025

Traditional areas like fraud prevention (65%), credit underwriting (62%) and regulatory compliance (58%) are still heavily prioritized, reflecting that these were some of the first uses of AI in banking and continue to be critical for reducing losses. Analysts project exponential growth in AI spending by banks (e.g.,

AI

The Fintech Times

NOVEMBER 6, 2024

Singapore FinTech Festival returned for its ninth annual edition, bringing together policy, finance and technology communities at the Singapore EXPO. As expected, innovations and announcements were rife throughout, here’s a roundup of all the news coming out of the global event.

Product

The Payments Association

JANUARY 13, 2025

Fraudsters frequently lure victims with promises of high returns on fake investment opportunities, often promoted via social media or fraudulent advertisements. Investment scams, though fewer in number (6% of cases), inflicted the greatest financial damage, with total losses exceeding 80 million.

Scams

The Fintech Times

JANUARY 28, 2025

This fee makes up the largest part of the Merchant Service Charge, which the merchants bank will charge the merchant in return for the right to accept card payment. Whenever a customer pays a merchant by card, the merchants bank will pay a multilateral interchange fee to the cardholders bank. The claim runs from June 2016 to date.

Visa

The Payments Association

JUNE 11, 2025

As threats continue to grow in both volume and sophistication, platform operators must find new ways to balance commercial agility with robust risk oversight. 45% of shoppers in the UK have admitted to return fraud or policy abuse, representing an estimated £22.8 billion in return-based fraud in 2022.

Risk

Stax

MAY 6, 2025

Credit cards are a staple in the wallets of consumers today, and they will undoubtedly be a payment method of choice for years to come, particularly as the adoption of mobile and contactless payments continues to grow. In fact, ResearchAndMarkets.com forecasts the global credit card payment market to grow to $762.16

Credit Cards

Fintech Finance

JUNE 15, 2025

Justt , the leader in AI-based chargeback management, announces Dispute Optimization, a first-in-market capability designed to help merchants make informed and timely decisions on chargeback disputes, reducing associated costs and ensuring the highest possible returns, at scale. Dispute Optimization is available to select Justt customers.

Disputes