Tue.Feb 11, 2025

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Singapore to Consolidate National Payment Schemes Under New Entity

Fintech News

The Monetary Authority of Singapore ( MAS ) and the Association of Banks in Singapore ( ABS ) have announced plans to establish a new entity to oversee Singapores national payment schemes. The initiative aims to improve coordination and decision-making across national payment schemes such as FAST, GIRO, PayNow, and SGQR, which are currently managed by various administrators, including the Singapore Clearing House Association (SCHA), ABS, MAS, and the Infocomm Media Development Authority (IMDA).

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64% of UK and US merchants cite payment technology as biggest growth driver

The Payments Association

PXP , a leading omnichannel global payment platform and innovative industry disruptor, today announces the findings of an exclusive survey of UK and US merchants appetite for digital payments transformation. The research reveals that 64% of merchants now view payment technology as a strategic growth driver rather than just an operational necessity. With 2025 set to usher in accelerating digital transformation across the entire payment and merchant landscapes, PXP, in collaboration with leading p

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Klarna Signs with J.P. Morgan Payments to Expand Merchant Services Offering

Fintech Finance

Klarna , the AI-powered global payments network and shopping assistant, has signed an agreement with J.P. Morgan Payments that will, for the first time, make Klarnas Buy Now, Pay Later (BNPL) payment options available to businesses that rely on J.P. Morgan Payments for payment processing. J.P. Morgan Payments, the worlds largest merchant acquirer, processes more than $2 trillion in payment transactions annually and is a powerful provider to help expand Klarnas global presence, supporting consume

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Dialect announces new partnership with Kaldi

The Payments Association

Dialect, an award-winning payments specialist and customer experience provider, is thrilled to offer first-line customer service and back-office support to Kaldi, a UK-based fintech company offering savings and investment accounts through its innovative payments app. Kaldi, dedicated to financial wellness, aims to transform the finances of Gen Z and Millennials by providing simple and effective savings and investment solutions, encouraging them to “save earlier and better.” Kaldi cus

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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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Flutterwave Reveals Popular Remittance Destinations in Send App 2024 Remittance Report

The Fintech Times

London has emerged as the largest customer base for customers using the Send App platform by Flutterwave , the African paytech. The findings were revealed in Flutterwave’s latest ‘Send App 2024 Remittance Industry Report’ which delved into the topic of cross-border remittances and how loved ones are being connected and supported across the globe.

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Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO

TechCrunch Fintech

Consumer demand for credit options varies across regions, and for fintechs, understanding these differences is key to survival. In developed markets, where credit cards are common, consumers often view buy now, pay later (BNPL) offerings positively because of their flexible installment options. But in emerging markets like the Middle East, where credit card penetration is […] 2024 TechCrunch.

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Qashio Teams Up With Myne to Offer Employees Enhanced Financial Visibility

The Fintech Times

Qashio , a UAE-based spend management platform, has joined forces with wealth management app Myne to bridge the gap between business financial tools and personal wealth management. Through the new partnership, Qashio employees and clients will gain access to enhanced financial visibility and planning tools, through preferential rates on financial tools from Myne.

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Stripe mulls employee shareholder sale at $85B-plus valuation

TechCrunch Fintech

Stripe is in talks for another shareholder sale that could value the company at “at least” $85 billion, according to multiple reports and a source familiar with the matter. The Information first reported the news that the payments infrastructure giant is working to sell employee-owned stocks. The move would help workers gain some liquidity as […] 2024 TechCrunch.

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Trustly Unveils New Autogiro Service Offering Kivra Customers a ‘Smarter’ Way to Manage Payments

The Fintech Times

Trustly , the Swedish fintech company specialising in open banking payment solutions, has joined forces with Kivra , Sweden’s digital mailbox platform, to develop a new generation of Autogiro, the direct debit scheme for collecting krona-denominated payments from a bank account in Sweden. Through the new Autogiro solution, Kivra and Trustly aim to enable users to register direct debit with a simple BankID confirmation, lowering the barriers to sign-up and making automatic payments easier.

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Klarna, JPMorgan to offer BNPL to business clients

Payments Dive

The collaboration will let the bank’s payments division offer the buy now, pay later company’s financing options to business customers.

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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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Going Multi PSP to Support Apple and Google Pay

Basis Theory

How to set up Apple Pay and Google Pay using a multi-PSP approach. Insights into the implementation are in the post!

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HSBC goes down

Finextra

HSBC is racing to rectify a major outage that has hit mobile and online banking in the UK.

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Going Multi PSP to Support Apple and Google Pay

Basis Theory

How to set up Apple Pay and Google Pay using a multi-PSP approach. Insights into the implementation are in the post!

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The Impact of Political Change on Blockchain Integration

Finextra

Miles Paschini, CEO, FV bank joins FinextraTV in the virtual studio to discuss the integration of blockchain into traditional banking, its misconceptions and how recent political changes might impact its future.

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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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19 New Cryptocurrency Projects With Strong Potential

Fintech Weekly

19 experts share their insights: Which crypto project has the strongest potential?

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Klarna inks JPMorgan Payments deal to expand merchant services offering

Finextra

Klarnas buy now, pay later options are coming to businesses that rely on JPMorgan Payments for payment processing.

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Plaid works with Goldman Sachs to raise USD 300 to USD 400 million in tender offer

The Paypers

Plaid has announced that is currently working with Goldman Sachs in order to sign a deal that will allow early-stage investors and employees to sell existing shares.

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Alabama man pleads guilty to SEC X hack

Finextra

An Alabama man has pleaded guilty in connection with the January 2024 unauthorized takeover of the US Securities and Exchange Commission (SEC)s social media account on X to artifically boost bitcoin prices.

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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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AI in Fintech: Augmenting Decision-Making, Not Replacing It

Fintech Review

Artificial intelligence (AI) is transforming fintech. It improves efficiency, enhances customer experience, and enables smarter decision-making. However, the debate continues: should AI replace human decision-makers or serve as an augmentation tool? While AI excels at processing vast datasets, it lacks human intuition. Financial professionals bring expertise, ethical judgment, and strategic thinking.

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Zeta grows valuation to $2 billion on $50 million funding round

Finextra

Zeta, a next-gen banking tech provider to financial institutions globally, has secured a $50 million investment from an un-named investor valuing it at $2 billion.

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Klarna partners with J.P. Morgan Payments

The Paypers

Klarna has partnered with J.P. Morgan Payments to introduce Klarna’s BNPL options to businesses using J.P. Morgan Payments for payment processing.

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Nigeria's Raenest secures $11 million Series A; Ghana's Affinity snags $8 million

Finextra

Raenest, a Nigerian fintech providing cross-border payments to gig workers and businesses, has secured $11 million in Series A funding.

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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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Klarna partners with J.P. Morgan Payments

The Paypers

Klarna has partnered with J.P. Morgan Payments to introduce Klarna’s BNPL options to businesses using J.P. Morgan Payments for payment processing.

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TD Bank to offload $14bn Charles Schwab stake

Finextra

TD Bank has agreed to sell its 10.1% stake in investment firm Charles Schwab for about C$20 billion (US$14.6 billion) after taxes.

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AI enhancements to Adaptive Acceptance

Stripe

Stripes AI-powered Adaptive Acceptance increases payment acceptance by recovering false declines. Recent AI upgrades improved transaction retry accuracy, leading to a record $6 billion recovered in 2024a 60% year-over-year increase.

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Plaid and Stripe to join secondary share sale jamboree

Finextra

As an alternative to an exit, secondary share sales have been seized upon by fintech firms looking to raise funds and increase liquidity for employee stockholders, with Plaid and Stripe the latest to go to market.

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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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Sardine AI announces USD 70 million series C funding

The Paypers

AI-based risk platform for fraud, compliance, and credit underwriting, Sardine, has recently raised USD 70 million in a series C funding round led by Activant Capital.

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Big banks pump $26 million into investor communications platform Proxymity

Finextra

Investor communications platform Proxymity has secured $26 million in financing from existing investors, including BNP Paribas, BNY, Citi, Clearstream, Computershare, JPMorgan and State Street.

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What The Heck Is An Integrated Payment Gateway (& How Do I Choose One)?

BlueSnap

??If youre an independent software vendor (ISV), your customers expect you to provide them with a way to accept payments. The post What The Heck Is An Integrated Payment Gateway (& How Do I Choose One)? appeared first on BlueSnap.

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ETFbook raises €4m

Finextra

ETFbook, a data and analytics platform specialising in the ETF market, has closed a 4 million Series A funding round led by BlackFin Capital Partners.

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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