Mon.Jun 16, 2025

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Request for Comments: PCI Key Management Operations (KMO) v1.0 Standard

PCI Security Standards

From 16 June to 18 July, eligible PCI SSC stakeholders are invited to review and provide feedback on the draft PCI Key Management Operations (KMO) v1.0 Standard during a 30-day request for comments (RFC) period.

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Minimum Charge for Credit Card Purchase

Cardfellow

The short answer is: Yes and no. The longer answer is that it depends on the type of card. You’ll have to follow applicable rules as well. Credit cards: Yes. It is acceptable for you to set a minimum charge on credit card purchases as long as you abide by the stipulations as set forth in your processing agreement with Visa, Mastercard and Discover.

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Trending Sources

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Merchant survey 2025: Navigating the payment innovation divide

The Payments Association

16 June 2025 by Payments Intelligence Merchant survey 2025: Navigating the payment innovation divide LinkedIn Email X WhatsApp What is this article about? A survey of 125 UK retail merchants exploring how payment innovation, customer behaviour, and emerging technologies are shaping retail competitiveness. Why is it important? It shows that forward-thinking merchants using diverse, strategic payment solutions gain clear advantages in cost control, fraud prevention, and customer experience.

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Mastercard Reduces Cloud Onboarding Time by Up to Four Times

Fintech News

Mastercard announced that banks and fintechs in Asia Pacific can now connect to its network up to four times faster through its cloud-based solution, Mastercard Cloud Edge. The service, developed in partnership with providers including Amazon Web Services (AWS) , is aimed at helping firms roll out new payment tools more efficiently. Cloud Edge enables issuers, acquirers, network enablement partners, processors, and other payment providers to connect directly to Mastercard via cloud infrastructur

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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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APP fraud: Mid-year review

The Payments Association

APP fraud reimbursement: A six-month policy review 16 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The early impact of the UK’s mandatory reimbursement policy for authorised push payment (APP) scam victims, implemented in October 2024. Why is it important? It assesses whether the new policy is effectively protecting consumers and reducing fraud, while also highlighting ongoing challenges and debates about a broader, cross-sector approach to tackl

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Singapore Fintech Festival Kicks Off 2025 Awards Call for Nominations

Fintech News

The Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) have launched a global call for nominations for the 2025 Singapore Fintech Festival (SFF) Fintech Excellence Awards. Supported by PwC Singapore, the awards mark their 10th anniversary and aim to recognise corporations and individuals who have used innovative technologies to transform financial services, create new growth opportunities, and promote financial inclusion.

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Adyen and Booking.com: A global merchants selection framework on LPM expansion

Payments Dive

Local payment methods are outpacing traditional options. Discover how strategic payment choices are becoming revenue drivers, not just costs, for global businesses.

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Offline settlements with a digital pound: Lessons from the BoE’s report

The Payments Association

Offline settlements with a digital pound: Lessons from the BoE’s report 16 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? A Bank of England experiment proving that offline payments with a digital pound are technically feasible, but complex. Why is it important? It highlights major trade-offs in security, privacy, and policy that must be addressed before offline CBDC payments can scale.

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Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

As the global demand for faster, more affordable, and increasingly transparent cross-border payments intensifies, Project Nexus is emerging as a foundational initiative to meet the G20’s ambitious roadmap. Initially developed by the BIS Innovation Hub, Project Nexus aims to link domestic instant payment systems (IPS) through a single multilateral gateway, replacing the current patchwork of costly and complex bilateral connections.

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Disharmony in the financial life

The Payments Association

Survey reveals global firms lose nearly $100 million annually to financial process inefficiencies, driving investment in AI, cybersecurity, and embedded finance. In today’s rapidly evolving marketplace, organisations face unprecedented challenges in managing their financial operations. These challenges seem to revel in their speed and frequency, often arriving in a “gang” at the door.

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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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CFPB, consumer groups clash over BNPL

Payments Dive

The battle over buy now, pay later — whether it’s helpful or hurtful to users — persists even after the Consumer Financial Protection Bureau last month withdrew its rule regulating such services.

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Big Brands Are Issuing Their Own Stablecoins– Is Yours Next?

Finovate

Stablecoins are blowing up the financial ecosystem. They are quickly evolving from a crypto-native concept into a mainstream financial tool. As proof, we saw news last week that major retailers Walmart and Amazon are exploring developing their own stablecoins. If retailers are jumping onto the stablecoin bandwagon, should your firm or fintech be considering doing so, too?

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LemFi Acquires London Fintech Pillar to Expand Credit Services to the Millions of Underserved Immigrants in the UK and Across the Globe

Fintech Finance

LemFi – the international payments pioneer – is today announcing it has acquired UK credit fintech Pillar to accelerate their shared mission of empowering immigrant communities with fair, fast and accessible financial services. LemFi recently became the first major remittance platform to integrate credit into its core product, following the launch of LemFi Credit, and the Pillar acquisition paves the way for deeper, specialised credit services and cards designed specifically for immigrants.

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Credit card bill crusade persists

Payments Dive

Sens. Dick Durbin and Roger Marshall may have lost their latest bid to win a congressional vote on the Credit Card Competition Act, via stablecoin legislation, but proponents are undeterred.

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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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Experian and GBG Join Forces to Tackle Identity Fraud in Australia and NZ

Fintech News

Experian and GBG have expanded their partnership to enhance fraud prevention and identity verification services for organisations across Australia and New Zealand. The collaboration combines Experian’s data capabilities with GBG’s greenID platform to support real-time identity verification across banks, fintechs, telcos, utility providers, legal and AML-regulated sectors, as well as non-regulated businesses looking to reduce fraud risks.

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Coupa partners with Adflex to optimise B2B commercial card transactions

The Paypers

Digital B2B payment specialist Adflex has partnered with Coupa , a business spend management platform, to enable optimal buyer-initiated B2B payments for Coupa customers.

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Ant International Launches First Sustainability Report and Framework

Fintech News

Ant International has introduced its first Sustainability Framework alongside its inaugural independent Sustainability Report, marking a key milestone following its separation from Ant Group. Headquartered in Singapore with more than 30 offices worldwide, Ant International provides cross-border digital payment, commerce, and financial services through four business units.

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Pix adds recurring payments

Finextra

Brazil's Pix instant payments platform has added a recurring payments feature.

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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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Visa Releases Money Travels: 2025 Digital Remittances Adoption Report for North America

Fintech Finance

Visa Remittances Report 2025 explores how digital channels are reshaping remittance behaviors across North America. This latest research from Visa’s Money Travels series highlights consumer expectations for speed, security, and low fees when transferring funds across borders. Visa Inc. (NYSE: V) today unveiled its Money Travels: 2025 Digital Remittances Adoption Report , highlighting the growing influence of digital remittance applications in North America, driven by convenience, security, and

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Instant Payments Regulation: Facing the Skeletons in the Closet

Finextra

Joining the FinextraTV Studio during EBAday 2025 were Serge Wagener, Member of the EBA Board and Chair of the EBA Practitioners Group on Instant Payments and Annick Moes, Head of Industry Issues, Cooperation Initiatives and Communications, EBA. Both Wagener and Moes pointed out ongoing challenges in implementing the Instant Payments Regulation (IPR), such as delivering Verification of Payee for bulk payments.

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Introducing WollettePay: One-Tap Payments Finally Come to Open Banking

Fintech Finance

Wollette , the British technology company redefining commerce, payments, and consumer engagement, today announces WollettePay – a bold new way to pay. Designed to combine the speed of one-tap checkout with the power of open banking. WollettePay is the first payment system to deliver a truly seamless account-to-account (A2A) experience. Set to launch in Q4 2025, WollettePay introduces a breakthrough in payment innovation by offering what current Open Banking solutions have yet to achieve: f

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Klarna opens hotline to CEO's AI avatar

Finextra

Klarna has launched a hotline to an AI avatar of CEO Sebastian Siemiatkowski where consumers can provide conversational feedback on product features, issues and suggestions for improvements.

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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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Choosing the Right Payment Gateway for Your Specific Business Needs

My Payment Savvy

Many businesses lose sales at the final hurdle – the payment process. A clunky checkout experience sends customers running, while a smooth one converts browsers into buyers without a hitch. Your payment gateway directly impacts your revenue, customer retention, and operational efficiency. The right system processes transactions seamlessly; the wrong one creates friction that costs you money and frustrates your customers.

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Open banking maintains momentum despite CFPB pullback

Bank Automation

The Consumer Financial Protection Bureau is walking back its open banking rule, but financial institutions are moving ahead with their investment despite regulatory shifts. The Consumer Financial Protection Bureau (CFPB) on May 23 filed its intention to pull back the open banking rule, which was set to take effect in April 2026. “I don’t foresee […] The post Open banking maintains momentum despite CFPB pullback appeared first on Bank Automation News.

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Accept/Pay Global launches real-time payments with Interac

Finextra

Accept/Pay Global (APG) today announced the launch of its Real-Time Payments with Interac product, enabling businesses across Canada to send and receive payments instantly and securely using Interac e-Transfers.

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How To Scale Your Business with Enterprise Merchant Services

EBizCharge

As your transaction volume increases and your systems expand, so does the need for infrastructure that can handle the pressure without slowing you down. Luckily, enterprise merchant services step in to meet that demand. Rather than a one-size-fits-all solution, enterprise merchant services are purpose-built tools that help large businesses process payments efficiently, reduce risk, and stay aligned with customer expectations.

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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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Fintech Rundown: A Rapid Review of Weekly News

Finovate

With Father’s Day behind us and the first official day of summer ahead, we keeping our eye on the fintech headlines as the summer news slump approaches. Be sure to check in with Finovate’s Fintech Rundown all week long for the latest announcements in the industry. Open banking Salt Edge teams up with financial insights solution provider RiseUp.

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Wollette unveils WollettePay

Finextra

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Nubank Launches Automated Pix with Smart Bill Search

Fintech Finance

Nubank announces the launch of Automated Pix, a new option to pay recurring bills with convenience and security, available to customers starting June 16. The new feature will be accompanied by the ‘Search Upcoming Bills’ feature, which will give customers complete freedom to choose how and when to pay – whether fully automatically or in a facilitated manner, with alerts and simple one-click approvals directly in the app.

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PingPong launches InvestXB in Luxembourg

Finextra

PingPong, a pioneer of cross-border embedded payment solutions with an established presence in Luxembourg since 2017, today launches InvestXB, a next-generation infrastructure solution for alternative investment managers, administrators and corporate solutions providers in Luxembourg.

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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