Finextra

JUNE 28, 2024

Thousands of Barclays, HSBC, Nationwide and Virgin Money customers have been hit by a payments problem that has seen some people not receiving their salaries.

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Payments 144

Fintech Finance

JUNE 28, 2024

Alex Hoffmann brings three decades of experience in scaling payments and driving innovation to Edenred Pay North America, leading the growth of its market-leading Invoice-to-Pay solutions. Based in Florida, he reports to Gilles Coccoli, Chief Operating Officer of Payment Solutions & New Markets. Alex Hoffmann began his career with McKinsey in Belgium and California before joining PayPal Europe’s senior leadership team, where he launched its first-generation BNPL products and served as

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BNPL PayPal Innovation Product 98

Finextra

JUNE 28, 2024

Point72 Ventures has fired five of their investors, three from fintech and two from their digital assets team, according to two sources with knowledge of the situation.

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FinTech 107

Open Banking

JUNE 28, 2024

Open Banking Limited (OBL) is pleased to announce the publication of the Open Banking Standard version 4.0, following approval by the Trustee. This is the first major release since 2018 and includes important mandatory updates to the security profile and widely recognised international messaging standards (ISO 20022). The release also includes optional updates to improve information flows (payment status and error messaging).

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ISO 20022 ISOs Consulting Message Standards 92

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.

AI

PCI Security Standards

JUNE 28, 2024

The PCI Security Standards Council (PCI SSC) has published notable updates to its PCI Forensic Investigator (PFI) Program, including changes to its supporting documentation, Addendum to Qualified Security Assessor Agreement for PCI Forensic Investigators, and reporting templates. PCI Forensic Investigators are qualified by the Council and must work for a Qualified Security Assessor company that provides a dedicated forensic investigation practice.

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Compromise Agreements Security 88

The Payments Association

JUNE 28, 2024

New regulations will cap overdraft fees, drastically reducing them from around $30 to approximately $3, significantly impacting banks' revenue streams.

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Card Issuer Debit Card Issuers Caps 88

Payments Dive

JUNE 28, 2024

Cheryl Venable is exiting her role as chief of payments operations for the Federal Reserve Financial Services to take the new post.

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Federal Reserve Fed Payments Posting 78

Finextra

JUNE 28, 2024

Visa Foundation is supporting women in growing their small businesses and making them more resilient, increasing economic mobility and creating wealth for themselves.To learn more about the financial inclusion efforts made by the organisation, Finextra spoke to Najada Kumbuli, vice president and head of investments at Visa Foundation.

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Financial Inclusion Small Business 72

Bank Automation

JUNE 28, 2024

Fintech funding has hit a four-year low, but venture capitalists believe that it will slowly return to a pre-pandemic normal, Carey Ransom, managing director of venture capital firm BankTech Ventures, told Bank Automation News. “Things got very frothy in 2021 and 2022 due to the liquidity in the market,” Ransom said.

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FinTech Returns Automation 64

Finextra

JUNE 28, 2024

In a dramatic move, the Court of Justice of the European Union (CJEU) has ruled that ABC Projektai can regain their banking licence after it being revoked by the Bank of Lithuania.

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Rules 72

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

Payments

The Fintech Times

JUNE 28, 2024

This June at The Fintech Times, we’re focusing on diversity, equity and inclusion (DEI). No longer just a trending topic but an essential consideration to not only your business operations but in your offering as well, this topic feels more relevant now than ever before. The fintech industry is known for its innovative, agile reputation, and yet it still faces a significant diversity problem that threatens to halt its growth and stop that innovation moving.

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FinTech On-Demand Finance Financial Inclusion 64

Finextra

JUNE 28, 2024

Pride month is coming to a close, with the main celebrations continuing into this weekend in London. Pride is about much more than parades, parties, and rainbows. It is about the practical process of acceptance and inclusion of LGBTQIA+ identities, even in the fintech workplace.

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FinTech Continuity Process 69

Bank Automation

JUNE 28, 2024

Financial institutions can look to ISO 20022 standard for payments data to identify patterns in payments and transactions to more easily flag fraud, Jenny Winther, head of payment schemes at Sweden-based Handelsbanken, said today during Volante’s “From mandates to modernization: Payment as a Service strategies for European banks” webinar.

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ISO 20022 ISOs AI Payments Data 64

The Fintech Times

JUNE 28, 2024

Online gaming marketplaces can be a great place for gamers to acquire rare and desired digital assets. However, it can also be dangerous with many fraudsters looking to take advantage of unsuspecting victims. Looking to bolster its defences against fraud while improving the payment experience, Driffle , the digital goods marketplace specialising in gaming products, has partnered with Mangopay , the modular and flexible payment infrastructure provider.

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Fraud Prevention Payments Facilitators Acquirers 64

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.

B2C

Finextra

JUNE 28, 2024

The Bank of America has moved to support Simply Asset Finance, a fintech that focuses on lending to SMEs, with a loan facility worth up to $120 million.

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Finance FinTech 64

Nanonets

JUNE 28, 2024

Have you ever found yourself staring at a scanned document or PDF, wishing you could edit the text as a Word document? You're not alone. Whether you need to update a contract, extract text from an invoice, or digitize a handwritten note, converting them to editable text can be frustrating. That's where OCR (Optical Character Recognition) comes in.

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AI Privacy Adjustments Volume 52

Finextra

JUNE 28, 2024

Thousands of major bank customers in the UK have been hit by payments problems that has seen some people not receiving their salaries.

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Payments 59

Clearly Payments

JUNE 28, 2024

Embedded payments is about integrating payment processing capabilities directly into software applications, websites, and services to provide a seamless and customizable user experience. As a comparison, the opposite of embedded payments would be a user experience where a user is redirected to a completely different app or website to conduct a payment.

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Embedded Payments Embedded Finance Payments Process 52

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Finextra

JUNE 28, 2024

India, with its rapidly growing economy and burgeoning middle class, has witnessed an exponential in.

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Digital Payments Economy Payments 59

The Nilson Report

JUNE 28, 2024

The post Epson Unveils Multifunction Hybrid POS Receipt Printer appeared first on Nilson Report.

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Posting 52

Finextra

JUNE 28, 2024

ekko, a pioneering fintech dedicated to integrating sustainability into every financial transaction, has announced two major appointments as part of its ongoing expansion efforts. The company has confirmed the addition of Anthony Thomson, the founder and former chairman of Metro Bank, Australian neobank, 86 400, and Atom Bank to its board of directors.

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Transactions FinTech 59

The Nilson Report

JUNE 28, 2024

The post FreedomPay Independent Payment Processing Referral Advisory for Merchants appeared first on Nilson Report.

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Process Payments Posting Acquirers 52

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

Product

Finextra

JUNE 28, 2024

At EBAday 2024, Roland Brandli, Strategy Director, SmartStream and Zennon Kapron, Founder/Director, Kapronasia, explore their recently released report where findings revealed that in 2023 there were 266 billion real-time payments made around the world, which is a 43% increase from the year before, and represents a 27% of all payments. This surge in instant payments brings with it many complications, for example delays in managing exceptions can lead to additional costs and customer dissatisfacti

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Real Time Payments Instant Payments Payments Continuity 59

The Nilson Report

JUNE 28, 2024

The post Payabl Expands LatAm Coverage with Major Payment Methods appeared first on Nilson Report.

Payments 52

Payments Posting Central Bank 52

EBizCharge

JUNE 28, 2024

When it comes to accepting payments, businesses often grapple with the costs of credit card processing fees. The question “Is it legal to charge a credit card fee?” is a legitimate inquiry for merchants seeking ways to offset these expenses. This article will explore the legality of charging such fees as well as the pros and cons associated with them.

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Credit Cards Legal Debit Card Disputes 52

The Nilson Report

JUNE 28, 2024

The post Regions Bank Launches CashFlowIQ Powered by Bill appeared first on Nilson Report.

Posting 52

Posting 52

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.

Payments

Finovate

JUNE 28, 2024

Sezzle is expanding its Payment Streaks loyalty program to Canada. The program uses a gamified approach to reward shoppers for on-time payments. The program is not available in Quebec. Just in time for Canada day (which is July 1, for those who may not celebrate), buy now, pay later (BNPL) technology provider Sezzle announced it is expanding its Payment Streaks loyalty program to users in Canada, with the exception of shoppers in Quebec.

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BNPL Origination Finance Payments 52

The Nilson Report

JUNE 28, 2024

The post Santander’s Zinia Becomes Provider of Consumer Finance Services for Apple in Germany appeared first on Nilson Report.

Finance 52

Finance Consumer Posting 52

Finextra

JUNE 28, 2024

At EBAday 2024, Akshat Saharia, Head of European Financial Institutions Product and Propositions, Global Payments Solutions, HSBC discusses the biggest changes to occur across the cross-border payments landscape in the next five years. While 90% of cross-border transactions complete in 30 mins, the other 10% can be delayed, resulting in frustration and a lack of transparency.

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Real Time Payments Cross-Border Payments API Cross-Border 52

The Nilson Report

JUNE 28, 2024

The post Tietoevry Banking Expands Card Personalization Services in Riga appeared first on Nilson Report.

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Posting Visa 52

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

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