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MoneyGram settles NY AG lawsuit

Payments Dive

Since 2015, MoneyGram said it has invested about $800 million to improve its system and processes. MoneyGram says its cross-border payment network handles money transfers in about 200 countries and 450,000 retail locations, processing around $200 billion annually. billion acquisition of MoneyGram.

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FSS plans digital conversion of Everlink's card management infrastructure

Payments Source

Financial Software and Systems is upgrading the card management technology for Everlink Payment Services in Canada, converting the legacy card issuing and transaction processing systems to a single digital platform.

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Digital Conversations Platform Eltropy Teams Up with Magnifi Financial

Finovate

Digital conversations platform Eltropy announced a partnership with Magnifi Financial. Digital conversations platform Eltropy and Magnifi Financial are working together to launch Generative AI solutions to enhance employee training and improve the customer/member experience.

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Thunes Expands its Direct Global Network into Egypt

Fintech Finance

Egypt is experiencing one of the fastest adoption growth rates for mobile wallets across the African continent, driven by accelerating cash-to-digital conversion. According to GlobalData, mobile wallet volume in Egypt is expected to grow 26% annually between 2024 and 2028, with the projected total volume reaching USD 3.8

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Restaurant365 Launches Fully Integrated AP Solution

PYMNTS

Restaurant365 is launching a fully integrated accounts payable (AP) automation solution to streamline restaurant invoice capture, approvals and payment processing. ” Digital conversion is now available for all paper invoices , eliminating the need for manual data entry or the use of a separate third-party service.

ACH
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IFRS 9: Three Critical Areas of Focus for Collectors

FICO

An effective omni-channel strategy is not just about using each channel individually; it is about leveraging all the communication channels available, interactively, in the same digitalconversation” with the customer. Manage the digitalconversation” and work flow transactions in real time or, at least, seamlessly.

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Visa Expands Fast Track Program To Give FinTechs A Post-COVID Digital-First Edge

PYMNTS

The COVID-19 pandemic has created many payments and financial challenges for businesses and consumers alike, Angelos said, and money movement is digitizing rapidly, largely driven by FinTechs that are driving that digital conversion among consumers. The second add-on is a new program called Visa Ready for FinTech Enablers.