Mon.Feb 03, 2025

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Paytm Cloud to Acquire 25% Stake in US Fintech For US$1 Million

Fintech News

Paytm s subsidiary, Paytm Cloud Technologies Limited (PCTL), is set to acquire a 25% stake in the US-based fintech startup Seven Technology LLC for 8.7 crore (US$1 million). This move follows Paytms recent announcement of plans to establish three new subsidiaries in the UAE, Saudi Arabia, and Singapore through PCTL, aiming to expand its tech-driven payment and financial services on a global scale.

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Avoided.io: Revolutionising chargeback management and fraud prevention

The Payments Association

In todays fast-paced digital landscape, managing payment disputes and chargebacks has become a significant challenge for businesses, especially in the e-commerce sector. Chargebacks, often triggered by fraud or customer disputes, can severely impact a companys revenue, reputation, and operational efficiency. Thats where avoided.io comes in, offering state-of-the-art Intelligent Chargeback Management Software that empowers businesses to tackle chargebacks before they become a financial burden.

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Additiv Expands in APAC with New Jakarta Office

Fintech News

additiv , a Swiss-based fintech firm specialising in embedded finance solutions, has opened a new office in Jakarta, Indonesia, as part of its Asia-Pacific expansion. The Jakarta office is located in District 8, a prominent mixed-use development that includes premium office spaces. It will serve as a hub for additivs Indonesian operations, strengthening support for existing clients and partners while exploring new opportunities in Southeast Asias largest economy.

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Open banking and open finance in the EU: Navigating the crossroads

The Payments Association

The EU’s shift to open banking and finance presents both opportunities and challenges, demanding a balance between innovation, security, and regulation. The European Unions commitment to digitalisation, coupled with the ambition to empower consumers, has positioned open banking and, subsequently, open finance as pivotal initiatives. The underlying premise is compelling: to democratise access to financial data, foster the development of personalised services, and ultimately stimulate compet

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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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Entry Into iGaming Made Simple Following Latest Partnership Between PeerGame and HandCash

The Fintech Times

Players using the cryptocurrency gaming platform, PeerGame , will now be able to integrate their crypto wallets into the platform, enabling quick and easy-to-navigate transactions to take place, following a continued partnership with the digital wallet firm, HandCash. HandCash will enable new users looking to enjoy games provided by PeerGame to get involved in the crypto space without a lengthy sign-up process.

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TransferGo Launches Multi-currency Accounts for Global Business Clients

Fintech Finance

TransferGo , the global fintech empowering a world on the move, has launched its multi-currency business account. This service offers global businesses based in the United Kingdom and European Union an account through which they can hold, exchange, send, and receive multiple currencies. Businesses are increasingly global, yet payments are not. Companies often face high fees, complicated currency exchange processes, slow delivery times, and friction when moving money globally, especially when wor

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Ascenda Partners With Cardless to Transform Co-Brand Landscape and Enable New Loyalty Opportunities

Fintech Finance

Ascenda , the industry leader in loyalty as a service, today announced a strategic partnership with Cardless , a digital-first credit card platform, aimed at transforming the co-branded credit card and loyalty landscape for U.S. merchants. Through this partnership, Ascenda and Cardless will offer partners an integrated solution that leverages the power of both brands to create differentiated co-brand card products, while seamlessly introducing or enhancing loyalty engagement propositions.

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Third of U.S. small businesses add credit card surcharges

Payments Dive

The findings of a J.D. Power survey indicate that merchants are passing the cost of swipe fees onto customers, even though they’re lowering consumer satisfaction with the transaction.

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Mozarto launches its innovative proprietary code-free, payment orchestration platform

The Payments Association

Mozarto, an online payment orchestration platform, today announced the launch of its revolutionary product. Mozarto promises to change how merchants enable and manage multiple payment methods to help scale and reduce the cost of expanding into cross-border markets. Focusing on a leading-edge user interface and code-free user experience, Mozarto aims to provide merchants with the easiest way to manage multiple payment providers, optimise acceptance rates, and drive conversion to their end custome

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Fintech SMEs Lead City of London Tech Investment Surge, Report Finds

The Fintech Times

Fintech SMEs in the City of London have secured 4.3billion in equity investment since 2019, making the sector the most dominant in the Square Miles thriving tech ecosystem, according to a new report from the City of London Corporation. The TechSME Landscape report highlights the continued expansion of fintech firms in the City, with 497 fintech SMEs accounting for 17.6 per cent of all tech companies based in the area – more than any other sector, including data and AI.

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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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Pay.com and Volt Partner to Advance Real-Time Payments Innovation

Fintech Finance

Volt , the global real-time payments platform, has been selected by leading payments orchestration infrastructure Pay.com as its new strategic open banking partner. The partnership will give Pay.coms merchants, notably those in the wealthtech, retail and iGaming industries, access to Volts Instant Bank Transfer solution enabling their end users to securely make payments from their bank account in real time.

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Adyen Selects Yapily to Expand Open Banking Capabilities in Europe

The Fintech Times

Global financial technology platform Adyen has partnered with European open banking infrastructure provider Yapily to enhance its open banking services. The collaboration will see Adyen integrate Yapilys data services to support business account verification and merchant onboarding across multiple European markets. Adyen, which provides payment and financial solutions for companies including eBay, Uber as well as Just Eat , will embed Yapilys open banking capabilities into its existing platform.

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Conversational Banking, Financial Inclusion, Crypto, and More on the Finovate Podcast

Finovate

Catch up with Finovate VP and host of the Finovate Podcast Greg Palmer as he interviews some of the most interesting entrepreneurs, analysts, and thought leaders in fintech today. In recent podcast episodes, Palmer and his guests have covered topics including the emerging regulatory environment in Europe, the outlook for cryptocurrencies, the opportunities in conversational banking, and the challenge of financial inclusion for female entrepreneurs in the Global South.

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Payments Canada Unveils Real-Time Payment System Progress

The Fintech Times

Payment clearing and settlement system operator Payments Canada has revealed that it has made ‘substantial progress’ on the Real-Time Rail, Canada’s first real-time payment system, since the back-end of 2024. Payments Canada says that it and its delivery partners, CGI , IBM and Interac , are now more than halfway through the technical build of the Real-Time Rail (RTR).

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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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Yaspa and Playbook Engineering Join Forces to Revolutionise iGaming Payments

Fintech Finance

Real-time payment provider, Yaspa , has partnered with Playbook Engineering, a global leader in betting platforms, to deliver cutting-edge instant bank payment solutions for their online betting sites. This collaboration will enable players to enjoy seamless, fast, and secure payment journeys using Pay by Bank for deposits and withdrawals. As Playbook Engineering upgrades its payment systems, theyve strategically selected Yaspa as their exclusive real-time payment provider.

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The FCA’s new portal for simplified access and reporting

Neopay

The Financial Conduct Authority (FCA) is set to launch My FCA in spring 2025, a new online portal designed to streamline regulatory reporting and access for firms. This initiative is part of the FCAs Transforming Data Collection programme, which aims to simplify how firms interact with the regulator. A single sign-in for multiple FCA systems Firms have expressed concerns about the complexity of regulatory reporting and system navigation.

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Virgin Money Rewards New M Power Customers with a £25 Bonus

Fintech Finance

Virgin Money has launched an exciting offer for new customers of its M Power account, its free child bank account for 1117-year-olds. Starting today, customers who open a new M Power account for their child by 5 March 2025 and deposit at least 1 into the current account by 12 March 2025 will receive a 25 bonus in their childs linked M Power Saver by the end of March 2025.

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Mastercard taps gen AI for fraud prevention

Bank Automation

Mastercards deployment of generative AI to fight fraud in 2024 has reduced false positives and enhanced fraud detection. The payments giant added generative AI to its Decision Intelligence solution, a real-time decisioning tool, in February 2024, according to Mastercard. The tool processes 143 billion transactions annually and uses generative AI to scan 1 trillion […] The post Mastercard taps gen AI for fraud prevention appeared first on Bank Automation News.

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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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Napier AI Lands Investment from Marlin Equity

Finovate

UK-based financial crime compliance solutions company Napier AI has received a majority growth investment from Marlin Equity Partners. Today’s funds add to Napier AI’s existing $55.8 million in funding and will be used to support global expansion and R&D. The company’s Napier Continuum AI-powered AML compliance platform serves over 100 financial institutions, including major players like HSBC and State Street, using AI and data science to help compliance teams make faster,

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Unlocking Financial Insights: The Reporting Tools Auto Dealerships Need

PayJunction

Running a successful auto dealership requires more than great sales strategies and excellent customer service. To truly thrive, dealerships need accurate financial visibility to monitor performance, streamline operations, and make data-driven decisions. Robust reporting capabilities are a game-changer whether overseeing a single dealership or managing multiple locations, departments, or brands.

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Already Autism Health Announces Acquisition of CABS Autism Services

Fintech Review

Charlotte, North Carolina, February 3rd, 2025, FinanceWire Already Autism Health has announced the acquisition of C.A.B.S., Autism and Behavior Specialists (CABS). Founded in 2008 by Amanda Parker, BCBA, CABS has built a strong reputation for delivering high-quality autism services across its locations in Illinois and Georgia. According to the Centers for Disease Control and Prevention (CDC), approximately 1 in 36 children in the United States is diagnosed with autism spectrum disorder (ASD) eac

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People queue up at Barclays ATMs to withdraw 'free' cash

Finextra

The weekend saw scores of people queuing up at Barclays' ATMs to withdraw 'free cash' after the bank's mobile and online services were hit by a technical breakdown.

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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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Visa leans into A2A payments

Payments Dive

The network titan is pursuing account-to-account payment services as a way to expand beyond its card-based dominance in the market.

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Enterprise security beyond the software: how support can make or break your data exchange strategy

Axway

The CISO’s worst nightmare has become increasingly common : your enterprise has suffered a security breach, and it’s a race against the clock to track down the source.

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Chopra finally exits CFPB as Bessent steps in

Payments Dive

The agency’s deputy director, Zixta Martinez, was initially named acting director, but a terse press release Monday designated U.S. Treasury Secretary Scott Bessent to that role.

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How to Migrate to a New PSP Without Disrupting Your Business

Basis Theory

Merchants often find themselves in the position of wanting, or needing to migrate to a new payment processor. A PSP migration is normally either to take advantage of lower fees or superior servicesbut rarely without challenges. No business wants to invite disruptions, even when migrating to a new payment processor. Avoiding problems takes thoughtful planning.

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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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TransferGo moves into B2B; launches multi-currency business account

Finextra

Remittance network TransferGo has launched an account that lets global businesses based in the UK and EU hold, exchange, send, and receive multiple currencies.

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Mastercard places ad with Lady Gaga

Payments Dive

In a tie-up with the musical artist for her eighth studio album, the card network rolled out a new ad during the Grammy Awards on Sunday.

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London fintech startup Brava launches stablecoin management system

Finextra

Brava, a London-based startup, has gone live with a set-it-and-fogert-it stablecoin management system for streamlined yield generation.

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Flutterwave CFO keeps eye on ‘sustainable’ profitability

Payments Dive

It’s important to prioritize enabling stable revenue and solid profitability given the macroeconomic volatility in the African markets where Flutterwave operates, CFO Mitesh Popat said.

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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