Thu.Jul 18, 2024

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Marble Insurance Maintains PCI Compliance with Basis Theory

Basis Theory

With dozens of personal lines of insurance and an overwhelming amount of policy options, Marble developed a Super App for all personal insurance policies. Marble is responsible for maintaining the personal insurance data of their users and, in return, provides quotes and comparisons, essentially acting as a licensed insurance agency underneath the hood of a tech company.

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UK RTGS Chaps goes down

Finextra

The Bank of England says a 'global payments issue' dealyed high value payments, including house purchases, processed through the national real-time gross settlement system Chaps.

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KeyBank spends $800M on tech annually

Bank Automation

KeyBank spends $800 million annually on technology and expects expenses to grow in 2025 as it continues to invest in overall operations.

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Opponents of Capital One-Discover merger to air grievances

Payments Dive

Consumer advocates say the merger will stifle competition and give the combined company an easy avenue to raise fees on card payments.

Consumer 127
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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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CFPB proposes earned wage access rule

Bank Automation

The Consumer Financial Protection Bureau proposed an interpretive rule affecting earned wage products, or paycheck advance products, ensuring that employees are aware of costs and fees for these services, according to today’s CFPB release. Paycheck advance products allow employees real-time access to earned wages.

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Singapore to Inject S$100M into Quantum and AI Development for Financial Services

Fintech News

The Monetary Authority of Singapore (MAS) announced an additional commitment of S$100 million under the Financial Sector Technology and Innovation Grant Scheme (FSTI 3.0) to support the development of quantum and AI technologies within the financial sector. This investment aims to advance innovation and adoption of these technologies in financial services.

AI 120

More Trending

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Alchemy Pay Now Allows Crypto Payments Directly from Exchange Accounts

Fintech News

Alchemy Pay, a provider of fiat-crypto payment solutions, now allows users to connect their exchange and brokerage accounts, such as Coinbase, Kraken, and Robinhood, to pay for orders using their crypto balances. This update aims to streamline the crypto payment process and improve user experience. The new feature also enables merchants to accept crypto payments through these methods, broadening the reach and flexibility of Alchemy Pay ‘s services.

Accounts 109
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EU Trust Infrastructure and Cyber Security

Finextra

Trust over IP started off to put users in charge of their information but much also because it was e.

Security 105
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Chelsea FC Welcomes Skrill as Pre-Season Tour Partner

Fintech Finance

With final preparations underway ahead of The Blues’ pre-season tour to the US this summer, Chelsea FC has welcomed Skrill , the digital wallet powered by global payments platform Paysafe (NYSE: PSFE), as an official tour partner. Skrill will be the presenting partner of Chelsea FC’s opening fixture against Wrexham AFC, as they face the League One side to kick-off the pre-season tour at Levi’s Stadium in Santa Clara, California on Wednesday 24th July.

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Streamlining the Subscription Economy: Visa’s fresh approach to digital payment management

Tearsheet

Subscription services have become an integral part of our daily lives. From streaming platforms to meal delivery kits, consumers are navigating a complex landscape of recurring payments. Recognizing the need for better management tools, Visa has stepped up with its innovative Subscription Manager solution. This service aims to provide cardholders with a centralized view of their subscriptions, offering newfound control and transparency.

Economy 98
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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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Toyota Financial Services Italy Partners with Fabrick and Fintech District

Fintech Finance

Toyota Financial Services Italy , the financial division of the Toyota Group, becomes a Corporate partner of Fintech District , the international reference community for the Fintech and Techfin ecosystem in Italy. This partnership aims to explore new growth and investment opportunities through innovative projects in synergy with fintech entities. The vision is of a future where cars, through the integration of Embedded Finance services that facilitate payments, financial flow management, and dat

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Dance floor for all data

Finextra

Data - and lately especially verified data - has for many years been a top priority in national and.

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CNBC Names Trustly a Top 250 Fintech Company for 2024

Fintech Finance

Trustly has been listed by CNBC as one of the world’s top 250 fintech companies for 2024, highlighting the growing recognition of Trustly’s strong performance in recent years. CNBC worked with market research firm Statista to list the leading 250 fintechs globally as part of CNBC’s World’s Top Fintech Companies 2024 report. This is the second time that CNBC and Statista have published the report, with Trustly also awarded in the first edition released in 2023.

FinTech 98
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Freebnk tokenizes real estate for fractional investments

Finextra

FreeBnk, the fintech platform offering affordable financial services for crypto investors, launches its tokenized RWA (real-world asset) platform to enable its clients to invest in real estate through fractionalized ownership.

FinTech 97
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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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Conferma and GroundSpan Enable Virtual Card Payments for Ground Transportation

Fintech Finance

Conferma , the leading virtual card provider, has entered into a strategic partnership with the ground transportation automation and management platform, GroundSpan to facilitate simple, virtual payments for ground transportation. The first-of-its-kind integration will enable corporates to pay for ground transportation easily with virtual cards powered by Conferma.

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CFPB to apply lending laws to EWA

Payments Dive

The federal agency weighed in Thursday with a proposed rule to oversee the burgeoning earned wage access industry.

Laws 88
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Africa’s Leading Travel Tech Conglomerate, Wakanow Group, Embraces Virtual Payments with Outpayce B2B Wallet

Fintech Finance

Wakanow.com , one of Africa’s largest travel sellers, offers a one-stop-shop booking portal. The company helps travelers research, plan and book attractive trips including air, accommodation, transfers and holiday packages. As part of its business transformation, Wakanow will use virtual cards to make payments to suppliers like airlines and hotels through Outpayce’s B2B Wallet.

B2B 98
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Everything You Need to Know about PayPal Buy Now Pay Later [aka PayPal Pay Later]

Stax

Picture this. You’re casually browsing the Bed Bath & Beyond online store when you suddenly come across a fantastic offer on a lounge chair you’ve been eyeing for a while. Unfortunately, your primary credit card is maxed out, and there’s a slim wiggle room on the other. The offer is too good to pass up and you likely won’t see it again for a while.

PayPal 88
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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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Coast Raises $40 Million Series B to Accelerate Adoption of Modern Fleet Payments

Fintech Finance

New York-based Coast , which offers a simple and smart way for companies in the United States to manage fuel and fleet spending, today announced it has raised $40 million in new Series B financing, led by ICONIQ Growth. The round included participation from existing investors Accel, Insight Partners, Vesey Ventures, and Avid Ventures, as well as new investors Thomvest.

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MAS to fund quantum and AI projects for financial sector

Finextra

The Monetary Authority of Singapore is to commit $100 million in grant funding to support the development of AI and quantum computing technologies in the financial sector.

AI 87
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wamo Secures $5 Million in Funding and EMI License to Fuel Growth Across Europe

Fintech Finance

wamo , a leading digital business account provider for SMEs, today announces that it has secured a bridge to Series A round of $5 million USD in growth funding, as well as an EU Electronic Money Institution (EMI) license from FIN-FSA (Finland’s Financial Supervisory Authority), positioning the company for accelerated growth across Europe. Joining the round as a new investor is Turkish VC firm Logo Ventures, along with returning investors Finberg, the corporate venture investment division of Turk

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70% of Citizens applications will be cloud-based by 2024

Bank Automation

Citizens Bank is deploying generative AI and migrating operations to the cloud as part of its cost-saving and efficiency measures. The bank reported that 70% of its applications will be on the cloud by the end of 2024 and it aims to deploy generative AI to increase efficiencies at its call centers.

AI 81
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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Boku Announces Appointment of New Chief Financial Officer

Fintech Finance

Boku , a leading provider of global mobile payment solutions, is pleased to announce the appointment of Rob Whittick as its new Chief Financial Officer with immediate effect. Rob, a Chartered Accountant, joins the Boku executive team and Board having spent over 25 years at Natwest Group plc (formerly Royal Bank of Scotland Group plc) where he held a number of senior roles, including Finance Director for Commercial and Private Banking from 2014 – 2019, which accounted for £5.7bn annual rev

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Ajman Transport taps BPC to digitalise public transport payments

The Paypers

The UAE Ajman Transport Authority has partnered with payment solutions provider BPC to digitalise public transport payments through O-CITY.

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Adastria Group Chooses Stripe to Power Its Secondhand Marketplace

Fintech Finance

Stripe , a financial infrastructure platform for businesses, today announced that it has been selected by Adastria Group to power the Japanese apparel company’s new secondhand clothing marketplace, dot-C. Adastria, which recently celebrated its 70th anniversary, operates a chain of clothing stores in Japan, China, Taiwan, Hong Kong, and the United States.

Blocks 98
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NatWest launches banking app on Apple Vision Pro

Finextra

Natwest has made its banking app available on Apple Vision Pro, the tech giant's smart googles which blend digital content with the physical world to create new immersive experiences.

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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.

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Dagmar van Ravenswaay Claasen Selected as Chairperson of Silverflow’s Supervisory Board

Fintech Finance

Silverflow , a leading cloud platform for global card processing, has today announced the appointment of Dagmar van Ravenswaay Claasen as the Chairperson of its supervisory board. The board was launched earlier this year to support Silverflow’s growth strategies, as well as provide insights into industry needs, solutions, and the future of payment technology.

ISVS 96
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Cash App quits UK

Finextra

Block is killing off its Cash App P2P payments service in the UK as it "deprioritises global expansion"

P2P 72
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Ecommpay and Mastercard Collaborate to Launch Click to Pay Integration

The Fintech Times

Ecommpay , an end-to-end payments platform, has fully integrated the Click to Pay flow within its online payment interface, in collaboration with Mastercard. This integration aims to enhance security and streamline the payment process for merchants and their customers. Fifty five per cent of shoppers say checkout friction is frustrating enough for them to quit a purchase mid-process.

Visa 72
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Hackers steal $230m from Indian crypto exchange WazirX

Finextra

Indian cryptocurrency exchange WazirX has been hacked, with crooks making off with around $230 million in various tokens.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt