Payments Dive

MAY 6, 2024

Requests for a slice of the Visa-Mastercard settlement are due by a May 31 deadline. Lawyers are racing to alert eligible businesses.

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Settlement Visa Payments 167

Bank Automation

MAY 6, 2024

Small businesses demand efficient access to capital and Grasshopper Bank is meeting the needs of its small business clients through its latest digital lending solutions.

Small Business 116

Small Business On-Demand 116

Payments Dive

MAY 6, 2024

Finance leaders are in a unique position to reduce costs and increase revenue by evolving payment processes.

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ACH Risk Finance Process 158

Payments Next

MAY 6, 2024

By Michael Seaman, CEO & Founder, Swipesum In today’s online world, digital payments have become essential for businesses looking to thrive in The post 4 ways to make digital payments more effective first appeared on Payments NEXT.

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Digital Payments Payments Posting Research 88

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Ready to boost your game and stand out in the competitive world of merchant services sales? Discover 6 innovative strategies that will help you rise above the crowd, from leveraging tech trends and perfecting referral programs to harnessing the power of testimonials and pop-up events. Learn how educating clients can turn you into a trusted advisor and uncover the secrets of building community ties that cement your reputation as a market leader.

Innovation

Basis Theory

MAY 6, 2024

The data security rules around payments can be puzzling to new and seasoned payments professionals alike. Moreover, while the Payments Card Industry Data Security Standard (PCI DSS) outlines encryption best practices for meeting PCI compliance, much can be left up to interpretation.

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PCI DSS Compliance Best Practices Encryption 88

Stax

MAY 6, 2024

When you think about growing your business, improving data security probably isn’t at the top of your list—and that’s understandable. After all, the topic of security doesn’t sound as exciting as that latest Instagram hack and isn’t as immediately impactful as a new sales tactic. However, the last thing you want to do is neglect data security.

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Data Security PCI DSS ISVS Compliance 88

Payments Dive

MAY 6, 2024

The bank analyzed its BNPL user data and discovered low-income consumers are more likely to use installment payment services. It’s also popular among Gen X consumers.

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BNPL Consumer Payments 88

Finextra

MAY 6, 2024

JPMorgan Chase is using OpenAI’s GPT-4 model for a range of thematic investment baskets, according to Bloomberg.

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Fintech News

MAY 6, 2024

Singapore-based technology company Dyna.Ai announced its global launch at the Dubai Fintech Summit, unveiling new AI solutions tailored for the banking and financial services sector. The company, which specialises in artificial intelligence technology, revealed plans for international expansion, including operations across Asia, the Middle East, the Americas, Europe, and Africa.

AI 90

AI Finance FinTech API 90

Finextra

MAY 6, 2024

Trading platform Robinhood says its cryptocurrency arm has received a Wells notice from the Securities and Exchange Commission, indicating that the US regulator is set to take enforcement action.

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Cryptocurrency Regulations Security 88

Speaker: Jason Cottrell and Brian Walker

Brands used to look for a commerce platform that could do everything. But over time, one vendor was no longer enough to meet a brand’s needs, so they added, and added, and added— and now it's essential that these vendors work well together. That’s composable, and it’s important to get it right. Customers and your board expect you to be in new channels and to adapt quickly to market change.

Service Provider

Fintech News

MAY 6, 2024

Asia’s financial sector is undergoing an evolution that promises to reshape the foundations of banking. At the heart of this transformation lies the concept of Open Finance – a paradigm shift that transcends traditional banking boundaries to usher in an era of innovation, collaboration, and customer-centricity. The Rise of Open Finance in Asia Open Finance represents a fundamental departure from the siloed approach of traditional banking.

Finance 90

Finance Compliance Payment APIs and Integration API 90

Payments Dive

MAY 6, 2024

One of the best ways to accelerate business growth is through adopting a strategic approach to payment processing.

Payments 88

Payments Process 88

Fintech News

MAY 6, 2024

Singapore-based cryptocurrency exchange Zipmex is set to wind up its operations, having appointed Ellyn Tan Huixian from Mazars Consulting as its provisional liquidator, according to documents filed with Singapore’s Accounting and Corporate Regulatory Authority (ACRA). The filing, dated 29 April 2024, accessed by DealStreetAsia , comes as the company grapples with significant financial liabilities that prevent it from continuing its business, stated Zipmex founder and CEO Marcus Lim.

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Consulting Cryptocurrency Authorization Continuity 90

Finextra

MAY 6, 2024

Welcome to the Dawn of Enhanced Fraud Detection. In the modern era of digitalisation, financial tra.

Fraud Detection 105

Fraud Detection Payments 105

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

Payments

Bank Automation

MAY 6, 2024

The Clearing House’s Real Time Payments’ network is gaining mid-market companies as businesses gravitate toward real-time payments. Businesses prefer The Clearing House’s RTP solution because it is established and is used by nearly 67% of U.S.

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RTP FedNow Real Time Payments Payment Networks 67

The Fintech Times

MAY 6, 2024

Countries in the Middle East are quickly accelerating their regulatory standards to enable and nourish the latest fintech innovations. A new report from KARM Legal Consultants, the emerging technologies-focused law firm, provides insightful analysis into how the regulatory environments of the United Arab Emirates (UAE), Kingdom of Saudi Arabia (KSA), Bahrain and Turkey compared to one another as well as to the EU and UK.

Innovation 62

Innovation FinTech BNPL Regulations 62

NACHA

MAY 6, 2024

MIAMI BEACH, Fla., May 7, 2024 – In 1974 payday usually meant being handed a paper check—which was the same way most bills were paid. But in that year, a significant step was taken toward changing all of that when the National Automated Clearing House Association, or NACHA was formed. Fast forward 50 years—today Nacha is not only known for governing the thriving ACH Network, but also for developing rules and standards, providing industry solutions, and delivering education, accreditation, and a

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NACHA ACH Network Accreditation Innovation 59

PayXpert

MAY 6, 2024

In the ever-evolving landscape of payment solutions and consumer behaviour, the need for convenience has reached new heights. Enter Pay by Link, an innovative service that allows merchants to facilitate payments seamlessly through a simple link sent directly to their customers' inbox. This cutting-edge approach not only enhances the customer experience but also simplifies the payment process for both parties involved.

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Facilitators Payment Solutions Innovation Process 59

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Maximize success as an independent sales agent with a supportive payment processor partner. This article reveals the challenges agents face with uncooperative processors, like slow responses and lack of support, leading to missed opportunities. Discover how a supportive partnership can transform your success, offering extensive training, marketing materials, and ongoing support.

Payments

Finextra

MAY 6, 2024

Unit21, a company that proactively mitigates risk tied to money laundering, fraud, and other illicit activities, announced the launch of ACH Risk Scores and Action Event Rules today.

ACH 59

ACH Faster Payments Money Laundering Mitigation 59

The Fintech Times

MAY 6, 2024

Mergers and acquisitions (M&A) transactions play a pivotal role in fostering market expansion and driving growth for companies worldwide. However, navigating through this landscape is far from straightforward. From the intricate task of identifying suitable targets to the intricate dance through regulatory complexities and the murky waters of valuation uncertainties, companies face a myriad of challenges throughout the M&A process.

Consulting 57

Consulting Due Diligence Audit AI 57

Finextra

MAY 6, 2024

ICICI Bank today announced that it has enabled NRI customers to use their international mobile number to make UPI payments instantly in India, thereby significantly enhancing their convenience of making everyday payments.

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Payments 59

The Fintech Times

MAY 6, 2024

Following a successful 2023, British online bank Zopa Bank achieved full-year profitability for the first ever time since its launch in 2020. Despite a difficult economic environment, characterised by high inflation, the milestone makes Zopa one of the fastest digital banks in the UK to turn an annual profit. Zopa Bank revealed it achieved a pre-tax profit of £15.8million for the financial year ending 31 December 2023, up from a pre-tax loss of £26million for the year ending 31 December 2022.

Product 57

Product FinTech Research Risk 57

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

AI

The Paypers

MAY 6, 2024

NPCI International Payments Limited (NIPL) has signed an agreement with the Bank of Namibia to support them in developing a UPI stack in Namibia.

Agreements 70

Agreements International Payments Payments 70

Finextra

MAY 6, 2024

JP Morgan is promising faster domestic payments in the US, through the Visa Direct network.

Faster Payments 78

Faster Payments Payments 78

Finovate

MAY 6, 2024

BaaS-enabled banks have been operating in a regulatory minefield recently. Since late 2023, the U.S. FDIC and CFPB have issued multiple consent orders to banks, citing their BaaS relationships as the cause. From the perspective of an onlooker, it appeared that regulators were issuing the consent orders to make examples out of certain players in the industry, foregoing formal BaaS regulation.

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Regulations Community Banks FDIC Due Diligence 52

EBizCharge

MAY 6, 2024

Getting paid is the main objective for most businesses. However, when invoices go unpaid, dunning letters become necessary to help the collections process. A dunning letter may seem like a relic of the past, but its purpose is deeply anchored in the present-day reality of managing receivables. So, what is a dunning letter, and why does it matter? What is a Dunning Letter?

Accounts 52

Accounts Automation Process Credit Cards 52

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Explore how integrated payment strategies impact investor and buyer evaluations. Payments are more than a feature — they’re a key to long-term success and market differentiation. They help SaaS companies offer seamless user experiences and efficient operations. Investors and strategic buyers assess these integrated payment strategies as a measure of a company's growth potential and sustainability.

Payments Strategy

Finovate

MAY 6, 2024

Robinhood has received a Wells Notice from the U.S. SEC. In the Wells Notice, the SEC staff alleged Robinhood violated Sections 15(a) and 17A of the Securities Exchange Act of 1934. Robinhood Markets Chief Legal, Compliance, and Corporate Affairs Officer Dan Gallagher said that he is “disappointed” with the Wells Notice. “We firmly believe that the assets listed on our platform are not securities,” he said.

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Security Legal Compliance Origination 52

Clearly Payments

MAY 6, 2024

There have been long debates on the pros and cons of credit cards in today’s society. Credit cards are double-edged swords. They offer convenience, rewards programs, and can even help build credit scores for consumers. However, they can also be tempting to overuse, leading to debt and high interest rates. There is a benefit of credit cards to businesses.

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Credit Cards ATM Business Day Accounts 52

Finovate

MAY 6, 2024

Investment and innovation are defining the wealth management space as the week begins. LA-based wealth management platform Altruist enters the week with $169 million more in capital, courtesy of a Series E round led by Iconiq Growth. Meanwhile, JP Morgan Chase announced that it has deployed generative AI to enhance its thematic investment offering. Be sure to check back all week long for more fintech news!

FinTech 52

FinTech Risk Mitigation Fraud Prevention Credit Union 52

Finextra

MAY 6, 2024

Today, we double down on our European expansion strategy by announcing a new strategic partnership that enables us to actively enhance our product offering in Germany, a key market for European crypto adoption.

Product 52

Product 52

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

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