Tue.Dec 03, 2024

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dtcpay Announces Shift to Stablecoin-Only Payment Services by 2025

Fintech News

Digital payment token provider dtcpay has announced a strategic shift to exclusively support stablecoins for all its payment services starting in January 2025. This move will see the phasing out of support for Bitcoin (BTC) and Ethereum (ETH) by the end of the year, while maintaining support for all other stablecoin and fiat currency services. The company emphasises the inherent volatility of cryptocurrencies like Bitcoin and Ethereum as a driving force behind this decision.

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One Month to Go: PayRetailers Launches Enhanced Solution to Help Betting Operators Comply With Brazil’s New Sports Betting Regulations

Fintech Finance

PayRetailers , a leading payment processor in Latin America and Africa, has launched an enhanced Pix payment solution to assist betting operators in Brazil as they prepare for the new sports betting regulations set to take effect on 1 January 2025. Pix, Brazil’s instant payment system developed and managed by the Central Bank, has changed how transactions are made in the country.

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Valiram Taps Atome to Offer ‘Buy Now, Pay Later’ in Malaysia and Singapore

Fintech News

Luxury retail group Valiram has partnered with Atome to offer “buy now, pay later” options at its stores and online platforms in Malaysia and Singapore. This enables Valiram’s customers to split their purchases into multiple interest-free payments. The service is already available in over 200 Valiram stores in Malaysia, which feature popular brands such as Victoria’s Secret, Bath & Body Works, Steve Madden, Michael Kors, Tory Burch, and Rituals.

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Yuno Partnership Supercharges Growth for Brazil’s Most Innovative Retailer

Fintech Finance

Reserva, a leader in Brazil’s innovative customer experience and digital engagement among fashion retailers, has unlocked sustainable growth through a strategic partnership with Yuno , the world’s leading payment orchestrator. By leveraging Yuno’s cutting-edge technology and streamlined payment management, Reserva increased its purchase conversion rate by 4 percentage points while enhancing operational efficiency, optimizing fraud prevention, and delivering a smoother customer experi

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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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Alibaba Cloud Overhauls Partner Ecosystem with AI Focus

Fintech News

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced a major overhaul of its global partner ecosystem at the Alibaba Cloud Partner Summit 2024. The new “Alibaba Cloud Partner Rainforest Plan” centers around artificial intelligence (AI) and includes an enhanced incentive programme, an AI partner accelerator programme, and a revitalised service partner strategy.

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CFPB proposes rule to rein in data brokers’ sale of consumer information

Payments Dive

With the proposal, the federal agency aims to crack down on fraudsters and others seeking to use sensitive personal information for illicit activities.

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Turn Away From Crypto: dtcpay to Exclusively Offer Stablecoins and Fiat Currency Solutions in 2025

The Fintech Times

dtcpay , the licensed payment service provider, has announced that it will no longer be supporting Bitcoin (BTC) and Ethereum (ETH) in the new year as it transitions to only support stablecoins for its Digital Payment Token (DPT) payment services. One of the primary reasons for this change is the volatility associated with cryptocurrencies. Many businesses and consumers need stability to conduct their transactions, meaning that turning to stablecoins and fiat currencies is the more reliable solu

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The Ultimate Guide to Accepting Payments with BigCommerce

BlueSnap

Leveraging BigCommerce’s flexible eCommerce solution to manage your online business can help you grow rapidly. But storefronts alone aren’t the key to closing more sales — you need a payments solution that meets your unique needs as well. How you accept payments can contribute significantly to your business’s success. The post The Ultimate Guide to Accepting Payments with BigCommerce appeared first on BlueSnap.

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Reserva Boosts Conversion Rates With Range of New Payment Options in Partnership With Yuno

The Fintech Times

Reserva , one of the largest fashion retailers in Brazil, has joined forces with payment orchestrator Yuno , in a move to unlock more sustainable growth. By leveraging technology from Yuno, alongside streamlined payment management, Reserva has revealed it successfully increased its purchase conversion rate by four per cent while also enhancing operational efficiency, optimising fraud prevention, and delivering a smoother customer experience.

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Corpay Completes Cross-Border Payments Acquisition

Fintech Finance

Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company, completed the acquisition of GPS Capital Markets, LLC, a business-to-business cross-border solutions provider to upper middle market companies, primarily in the U.S. “We’re thrilled to officially welcome GPS to the Corpay family. With the addition of Paymerang and now GPS, we expect our Corporate Payments business to exceed $1.5 billion in revenue in 2025.

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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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Uptiq.AI Acquires Data Integration Company UpSwot 

Finovate

Enterprise AI platform Uptiq.AI has acquired data integration startup UpSwot to enhance its AI Workbench capabilities and expand its applications for banks, fintechs, and wealth management firms. Uptiq.AI will use UpSwot’s Financial Data Gateway , which integrates data from accounting, payroll, and CRM tools, enabling financial institutions to gain actionable insights and offer tailored recommendations to their commercial clients.

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Encompass Corporation: Corporate Digital Identity Significantly Cuts Down on Bank Processing Times

The Fintech Times

Banks leveraging Corporate Digital Identity achieve a 32 per cent reduction in end-to-end onboarding processing time, according to new research commissioned by KYC automation company Encompass Corporation , and conducted by financial research firm Chartis Research. The Encompass Corporation research surveyed senior professional and industry experts from corporate banking and fintech sectors across North America, Europe, and Asia-Pacific, and found that Corporate Digital Identity (CDI) helps addr

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Credit Card Settlements Explained: How They Influence Your Finances

EBizCharge

Since managing credit card transactions can be complex, understanding how their settlements work is essential to maintaining financial health as consumer spending rises. Credit card settlements involve various processes and parties that ensure transactions are accurately recorded and funds are transferred. This intricate operation is fundamental to merchants and customers in navigating the world of credit card usage.

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What are Velocity Checks?

Fi911

Acquiring banks must rely on a robust array of tools to deter fraudulent activity. Some of these tools can be deployed at the bank level, while others rely more on deployment by individual merchants. One vital tool that should be in every merchant’s arsenal is the velocity check, also known as velocity control, a precise and dynamic fraud prevention measure.

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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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European Central Bank Lays Foundations for Potential Issuance of Digital Euro in New Progress Report

The Fintech Times

In November 2023, the European Central Bank (ECB) began the preparation phase of a digital euro. Just over a year later, it has published its second progress report on the phase, laying out the foundations for the potential issuance of the currency. In the time since the initial preparation phase, the ECB has updated its digital euro scheme rulebook to harmonise digital euro payments across the euro area.

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TP Icap to migrate 80% of technology infrastructure to Amazon Web Services

Finextra

TP Icap has signed a major agreement with Amazon Web Services to streamline and scale the brokerage's technology infrastructure.

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myTU Launches Business Visa Debit Card With Advanced API Features

Fintech Finance

myTU , a fully automated, AI-powered and cloud-first digital bank, announced the launch of a new business debit card designed for businesses. This new product, available to customers across the European Economic Area (EEA), enables businesses to issue both physical and virtual Visa cards and to manage expenses with ease, providing enhanced fraud protection, simplified tracking, and flexible spending limits.

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WPS Advsiory works with Moneyhub on development of LifeStage financial app

Finextra

WPS Advisory, the independent financial advice firm, has partnered with data & payments platform provider Moneyhub to develop and launch LifeStage, an app designed to empower employees to make informed financial decisions, based on their unique circumstances and goals.

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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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The Evolution of Payment Solutions: From Traditional Methods to Digital Wallets

Fintech Review

Payment systems have undergone significant transformations over the years. From cash and checks to digital wallets, these changes have revolutionised commerce and consumer behaviour. We explore the evolution of payment solutions, analysing adoption rates, security challenges, regulatory shifts, and innovative technologies. Traditional Payment Methods: Cash and Checks For centuries, cash reigned supreme as the primary payment method.

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Ecommpay Streamlines Payouts Where Beneficiary Details Unknown With New Payouts via Hosted Payment Page

Fintech Finance

Streamlining the payout experience for merchants and other businesses, Ecommpay, the inclusive global payments platform, has launched a new Payouts via Hosted Payment Page facility. The new, efficient way to process payouts to payment cards as well for de posits made t o Apple Pay and Google Pay , the advanced Payouts via Payment Page solution is an industry first and game-changer for businesses where senders don ’t have the beneficiary’s details.

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Top Payment Professionals to Follow in 2025

Basis Theory

Whatever route you traveled to get into payments, we’re glad you made it here! We’ve curated a list of influencers in the payments industry that speak at events, publish unique content, and work for organizations that don’t just follow best payment practices—help establish them, too.

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Worldpay exec talks digital wallet security

Payments Dive

The head of fraud prevention for the processor said the company leverages data to block hackers and fraudsters seeking digital wallet information.

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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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Finextra and the Euro Banking Association invite startups to join the Fintech Zone

Finextra

EBAday 2025, the annual summit hosted by the Euro Banking Association (EBA) and Finextra, has opened applications from fintech startups to join the Fintech Zone pitch contest.

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Note from the Editor-in-Chief

Payments Dive

A change in ownership and what it means for our readers.

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Revolut faces fraud lawsuit in the UK after losing EUR 700,000 to scammers

The Paypers

Fintech company Revolut has been under scrutiny in the UK, facing a fraud lawsuit after scammers stole EUR 700,000.

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HDFC Bank deploys Pennant lending platform

Finextra

Pennant Technologies, an agile and innovative financial technology company, today announced the successful implementation of Pennant’s future-ready Lending Platform, pennApps Lending Factory (PLF), at HDFC Bank, India’s leading private sector bank at transforming its lending business for innovation, speed to market and operational agility.

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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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BlackRock considers USD 12 bln acquisition in private credit expansion

The Paypers

BlackRock has reportedly initiated discussions to acquire HPS Investment Partners, a private credit firm, in a deal valued at USD 12 billion or more.

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La Banque Postale launches 'impact' bank card

Finextra

La Banque Postale, in collaboration with WWF France, is the first traditional bank in France to launch an impact bank card where all deposits associated with the card will be used to finance the energy renovation of housing.

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KPay raises USD 55 mln to expand across Asian markets

The Paypers

Hong Kong-based fintech firm KPay has raised USD 55 million in a Series A funding round.

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Finextra and the Euro Banking Association invite startups to join the EBAday Fintech Zone

Finextra

EBAday 2025, the annual summit for the leading payments and transaction banking executives hosted by the Euro Banking Association (EBA) and Finextra, has opened applications for its Fintech Zone.

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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