Thu.Nov 14, 2024

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Unlimit and Pagaloop Partner to Simplify Expense Management for Mexican SMBs

Fintech Finance

Unlimit , the global fintech company, has today announced its partnership with Pagaloop , a prominent Latin American B2B payments and cash flow management platform. The partnership will focus on strengthening the Pagaloop app’s credit and debit card processing capabilities and ensuring high approval rates to facilitate the company’s continued expansion in the region.

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Everything You Need to Know About Credit Card Processing

Stax

Credit card processing can be overwhelming, expensive, and confusing. And yet, accepting non-cash forms of payments is more or less required to operate a modern business, at least in the U.S. Credit, debit, and digital payments have far and away become the most popular payment method. Cash has dropped to less than 20% of all US payments in recent years.

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Mollie Expands Into Italy With Local Payment Solutions for Businesses

Fintech Finance

Mollie , one of Europe’s fastest-growing financial service providers, today announces its official launch in Italy, marking a significant milestone in its mission to make payments and money management effortless for every business in Europe. The expansion will enable Italian businesses to access a single platform designed to simplify payment processing, reporting and fraud prevention.

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Squirro CEO Dorian Selz Honored at 2024 Singapore Fintech Festival

Fintech News

Squirro, a Switzerland based global leader in AI-driven insights and analytics, announced that its CEO Dorian Selz has been awarded the prestigious Fintech Mentor Award at this year’s Singapore FinTech Festival (SFF). Organized by the Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA), the award highlights outstanding contributions to the financial technology industry.

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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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Digital Wallets and Open Banking Set to Dominate Payments in 2025, According to Merchants

Fintech Finance

A recent survey of merchants conducted by payabl. , one of Europe’s leading financial services providers, reveals digital wallets and Open Banking as pivotal forces set to transform the payments landscape in 2025. The survey reveals that 81% of merchants anticipate a surge in digital wallet usage, while 69% expect Open Banking and instant bank transfers to gain popularity as consumer demand for convenient, secure payment options continues to grow.

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Fintech Payment Opportunities Remain Rife Across the Middle East, Says Fuse

The Fintech Times

The Middle East has traditionally been associated with a reliance on an economic reliance on the region’s rich oil reserves. However, following the Covid pandemic, and various governmental initiatives, many countries focused on diversifying their economies and bolstering growth and innovation across various sectors. However, according to Fuse , a company committed to building a common layer of infrastructure across payments across the Middle East and North Africa (MENA), the region remains

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Payments Innovation will be Threefold: Embedded, Cross-Border and GenAI

Finextra

In this PREDICT 2025 interview, Gautam Pillai, Head of Fintech Research at investment bank Peel Hunt, looks at the bigger picture and takes into account how the payments industry is transforming alongside consumer trends. Buzz and excitement surrounds three developments, which are embedded payments, cross border payments and generative AI and the interview discusses how organisations working in these areas are already helping businesses transact easier, faster and in a way where they are not sac

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Volante Technologies Launches Real-time Payments Intelligence Solution for Financial Institutions

Fintech Finance

Volante Technologies , the global leader in Payments as a Service (PaaS), today announced the launch of Volante Payments Intelligence , a powerful new solution that offers financial institutions unparalleled visibility and operational control over their payments business. A modular component of the Volante Payments Platform, the solution enables banks to better understand their payments operations, simplifying decision-making while improving business performance.

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Durbin gives credit card bill another Senate push

Payments Dive

Senate Democrat Dick Durbin is intent on pursuing the Credit Card Competition Act, and perhaps preserving his political future.

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Paymentology and Zand Bank Partner to Fuel Fintech Innovation in the UAE

The Fintech Times

Global issuer processor Paymentology has entered a referral partnership with Zand Bank , the UAE’s first fully licensed digital bank, to support fintech and startup growth in the UAE. Through this partnership, Paymentology and Zand will offer fintechs a range of specialised services, including BIN-sponsorship, virtual IBANs and Client Money Accounts.

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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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Payfinia Receives $4.5 Million from Star One Credit Union to Launch CUSO

Finovate

Payfinia has launched a new Credit Union Service Organization (CUSO) to help credit unions modernize their payments experience. The CUSO is launching in partnership with Star One Credit Union, which invested $4.5 million in the organization. Payfinia’s IPX platform will play a key role in the CUSO, helping organizations leverage FedNow to offer instant payments while providing fraud prevention.

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Félix Pago Extends Remittances Reach in Central America With Mastercard Partnership

The Fintech Times

Miami-based fintech startup enabling Latino workers in the US to send money back to their families in Latin America via WhatsApp , Félix Pago is expanding its services to El Salvador, Honduras, Guatemala, and the Dominican Republic following a new partnership with payments giant, Mastercard. Félix Pago uses blockchain and artificial intelligence (AI) to power its chat-based platform which makes financial services more accessible for those in historically underserved regions.

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PayPal Unveils Innovative Money Pooling Feature, Simplifying Group Expenses Between Family and Friends

PayPal

PayPal customers can collect and manage funds with friends and family for things like group gifts, travel, special events, and more in the PayPal app.

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This Week in Fintech: TFT Bi-Weekly News Roundup 14/11

The Fintech Times

The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Thursday 14 November 2024. Industry movers Scintilla has appointed John Casey who joins the digital creation platform’s board. Born out of the global law firm DLA Piper, Scintilla is a digital asset creation platform that combines the compliance and regulatory knowhow of a global law firm with technology solutions.

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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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Paychex Launches Alternative Lending Product

Finovate

Paychex launched Paychex Funding Solutions , expanding its offerings into small business lending to give SMBs quick access to funds via invoice factoring. Paychex Funding Solutions supports B2B companies by providing capital based on customer creditworthiness to help them cover payroll, vendor payments, and growth needs. Paychex had previously offered small business funding in partnership with Biz2Credit.

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RedCompass Labs Launches AI Solution To Accelerate Banks’ Payments Modernisation

The Fintech Times

According to new research from payments modernisation firm RedCompass Labs , 91 per cent of banks worldwide are juggling multiple, multi-year, multi-million dollar modernisation projects, however, many are struggling to meet modernisation demands. To make this transition easier, RedCompass Labs has launched its AI solution engineered to accelerate payments transformation: AnalystAccelerator.ai.

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SocGen brings stablecoin to XRP Ledger

Finextra

SG-Forge, the digital asset division of French bank Societe Generale is deploying its Euro-based stablecoin on the XRP Ledger (XRPL).

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Aryza Integrates GoCardless Open Banking Powered-Features Into Loan Software

The Fintech Times

Aryza Group , a financial software solution provider, is expanding its partnership with global bank payment company GoCardless by integrating open banking-powered features into its loan and lease management software. Following the agreement, Aryza plans to leverage Instant Bank Pay (IBP) capabilities from GoCardless into its ‘Aryza Lend’ software in 2025, with plans for broader integration across other product lines.

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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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Top ABBYY FlexiCapture alternatives for document processing

Nanonets

ABBYY is a technology company making document processing software since 1989. Their product lineup includes FineReader PDF for OCR and PDF management, FlexiCapture for enterprise document capture, ABBYY Vantage for intelligent document processing, Timeline for process intelligence, and Mobile Capture for mobile document scanning. This comparison primarily focuses on alternatives to ABBYY FlexiCapture.

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Equifax Combines Credit Bureau Insight With Real-Time Transaction Data for Affordability Assessments

The Fintech Times

Credit reference agency Equifax UK has launched a new solution for lenders, combining bureau insights with real-time transaction data accessed via open banking and statistical estimates to boost affordability assessments and customer outcomes. Almost a quarter (24 per cent) of lenders rely on a customer’s self-declaration to assess expenditure for affordability assessments, while 19 per cent primarily rely on credit bureau insights and 16 per cent rely on Office for National Statistics (ONS) dat

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The Stablecoin Surge: How a Chainalysis study reveals Africa’s payments revolution

Finextra

Having read the 2024 geography of cryptocurrency report by Chainalysis, it’s hard not to feel a spa

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How payments firms can turn better integration into a digital disruption opportunity

The Payments Association

Payments firms must streamline technology after acquisitions to boost agility and compete amid disruption. In recent years, many payments businesses have aggressively pursued growth through acquisition. Whilst this is an essential route for companies to add new technologies, capabilities, and customers, our experience shows that it can also create significant barriers to driving or responding to the disruptive threats and opportunities they currently face.

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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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The Complete Guide to NetSuite Saved Searches

Nanonets

For businesses using NetSuite, the Saved Search tool is like having a custom search engine that digs through all your data in seconds. It helps you pull the specific information you need and can even automate regular updates, alerts, and reports. Whether you’re just getting started with NetSuite or looking to sharpen your skills, this guide covers everything you need to make the most out of Saved Searches.

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Driving the future: Fintech’s role in building resilient, scalable solutions for UK SMEs

The Payments Association

Fintech drives UK SME growth with tailored solutions, streamlining finances and boosting efficiency. Small and medium-sized business (SME) owners are the driving force that sustains the British economy. At 5.51 million strong, SMEs account for approximately 99% of the UK business landscape. Their impact is undeniable, having driven two-thirds of job creation in the past 25 years.

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Adyen partners with Zalando in order to optimise payments for European clients

The Paypers

Financial technology platform Adyen has announced its partnership with Zalando in order to provide European clients and users with secure and optimised payment methods.

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Understanding Loan Servicing Software: A Comprehensive Guide

Fintech Weekly

Loan servicing software automates your loan management lifecyclereduce manual errors, fraud, compliance risks, and operating cost, helping your business stand out.

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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 at heart of UK's financial services growth strategy - Chancellor

Finextra

The new UK government will focus on fintech and sustainable finance as key priority growth opportunities in financial services, says Chancellor of the Exchequer, Rachel Reeves.

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Alchemy Pay obtains 4 new Money Transmitter Licences

The Paypers

Crypto payment gateway Alchemy Pay has acquired Money Transmitter Licences (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming.

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FinCEN warns banks about deepfake threat

Finextra

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued an alert to help banks to spot GenAI-generated deepfake scams.

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MoonPay brings fiat balances to decentralized crypto

The Paypers

MoonPay , a crypto payments provider, has introduced MoonPay Balance, a new solution enabling fiat balances in the decentralized crypto ecosystem.

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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