Mon.Jun 03, 2024

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Cash App exec hints at Square integration

Payments Dive

Block is working to make its peer-to-peer payments tool, Cash App, a consumer app for interacting with merchants using its Square point-of-sale software.

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How to Create a GDPR-Compliant Password Policy?

VISTA InfoSec

If your company has ever worked with businesses in European Union countries, you probably had to follow the EU’s General Data Protection Regulation (GDPR). This rule, which started on May 25, 2018, gives customers more control over their data and makes data collection and use more transparent. A big part of the GDPR is protecting people’s privacy and data from unauthorized access.

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5 ways unified commerce transforms the retail experience

Payments Dive

Customers have multiple ways to access your products and brand, but do those experiences work together for their benefit—and yours?

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4 Trends Shaping How We Combat Money Laundering In Asia Pacific

Fintech News

The Asia-Pacific (APAC) region faces significant challenges in combating money laundering due to its diverse economies, large volume of cross-border trade, and varying levels of regulatory enforcement across different countries — the trends of money laundering in Asia Pacific are constantly evolving. However, enhanced regulatory measures, technological advancements and increased public-private and international collaboration are introducing promising opportunities to address these challeng

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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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Monzo achieves first full year of profitability

Finextra

UK digital bank Monzo is preparing to expand into the US and Europe after reporting its first full year of profitability, achieving a pre-tax profit of £15.4m for the financial year ended 31 March 2024.

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Top 8 Fintech Investors in Indonesia Fueling The Revolution

Fintech News

Indonesia’s fintech landscape is booming. Over the past decade, the number of fintech players in Indonesia increased six-fold, rising from just 51 active players in 2011 to 334 in 2022, a 2023 report by AC Ventures and the Boston Consulting Group shows, highlighting Indonesia’s fintech investors growing interest in the segment Number of Indonesian fintech companies by segment, Source: Indonesia’s Fintech Industry is Ready to Rise, AC Ventures/BCG Group, March 2023 This growth has emerged o

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More Trending

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PayPal’s Stablecoin Joins Solana: Impact on Consumers and Banks Explained

Finovate

PayPal’s stablecoin, PayPal USD (PYUSD), was officially added to the Solana Blockchain last week. This shift comes after the California-based company launched on Ethereum blockchain last summer. Now, PayPal stablecoin users can send PYUSD on Ethereum or Solana when transferring out to external wallets. “For more than 25 years, PayPal has been at the forefront of digital commerce, revolutionizing commerce by providing a trusted experience between consumers and merchants around the wor

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Mastercard launches biometric checkout programme in Uruguay

Finextra

Mastercard today announced the expansion of its global Biometric Checkout Program in Latin America (LAC). With partners Ingenico, Fulcrum Biometrics, Fujitsu Frontech, and Scanntech, Mastercard has launched an innovative in-store biometric payment experience at Tienda Inglesa’s Red Expres in Uruguay.

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Fraudsters are Turning to Third Party Vendors as New Means of Attack as Firms Improve Cybersecurity

The Fintech Times

Using the world’s largest proprietary risk and threat intelligence dataset, SecurityScorecard , the cybersecurity analyser, studied cybersecurity breaches across the UK’s 100 largest companies by market capitalisation, releasing a comprehensive analysis of the landscape of the FTSE 100 in the UK. Fraudsters are having to adapt to new cybersecurity measures as a result of greater cyber protection of primary avenues.

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Asia Pacific’s Cyber Insurance Growth Project to Triple Next Year

Fintech News

Asia-Pacific (APAC) is one of the fastest-growing regions for cyber insurance, according to a S&P Global survey. Over the past five years, the region’s cyber insurance market has grown 51.2% annually, making APAC one of the most dynamic market in the world for the coverage type. German insurance group Munich Re expects the market to continue its growth momentum, projected to triple in size by 2025.

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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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New Study Highlights Tech Trends and Top Priorities for Banks in 2024 and 2025

Bank Automation

The highly anticipated 2024 Jack Henry™ Strategy Benchmark results are in! Jack Henry’s sixth annual study uncovers key insights and valuable takeaways from bank and credit union CEOs to help you capitalize on market shifts and new opportunities, refine your strategic plan, and compete successfully in 2024 and 2025.

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What’s Holding Singapore’s AI Ambitions Back?

Fintech News

In the financial services industry, artificial intelligence (AI) is emerging as a transformative force, promising to reshape the way institutions operate, innovate, and compete on a global scale. However, challenges including AI talent scarcity and limited collaboration between financial institutions and AI fintech startups. A study conducted by global consultancy Oliver Wyman in collaboration with the Monetary Authority of Singapore (MAS) explores how cities like Singapore can become global hub

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U.S. Bank reaps returns on $8B tech investment

Bank Automation

U.S. Bank is realizing gains from the $8 billion it has invested in technology since 2019 as it remains focused on developing its payments technology.

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Fiserv co-leads $16 million seed round in PayFac Forward

Finextra

Forward, a US-based startup offering payments as a product services for software companies, has raised a $16 million seed round.

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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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Consumers, businesses diverge in payment trends

Payments Dive

Consumer payments are becoming more embedded, and commercial payments are slowly moving away from checks, says a top payments executive at Accenture.

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Trust Wallet partners with Mercuryo

The Paypers

Self-custody Web3 wallet Trust Wallet has unveiled a partnership with global payments infrastructure provider Mercuryo.

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Prosper embarks on crowdfunding campaign

Finextra

Founded by Nick Perrett of digital bank Tandem, Ricky Knox of Tandem and Azimo, and Phil Bungey of Nutmeg, new WealthTech platform Prosper is offering an alternative to how people save and invest.

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Nagarro CEO Manas Human Discusses Technology, Identity, and AI

The Fintech Times

In a recent conversation with Mark Walker, Editorial Director at The Fintech Times, Manas Human, CEO of Nagarro, provided insights into the evolution and challenges of his company, his personal journey, and his perspectives on technology and societal issues. Human highlighted Nagarro’s transformation over the past decade, moving from a series of startup failures to a successful technology company with a broad impact.

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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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Funding Circle to cut 120 jobs

Finextra

Small business lender Funding Circle is cutting around 120 jobs as it looks to slash costs in search of profitability.

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Elsewhen: 4 Strategic Steps for Financial Services to Achieve Klarna Style-AI Enabled Transformation

The Fintech Times

AI-powered shopping assistant, Klarna is leading the way for financial services when it comes to artificial intelligence (AI) implementation. The company has been able to increase its productivity using the tech without compromising customer experience. So what’s Klarna’s secret and how can firms replicate this level of successful AI integration?

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Renewed sanction lists add complexities into the banks’ KYC process – can technology support?

Finextra

The invasion of Ukraine passed its second anniversary recently and with that, sanctions have been re.

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Visa, Thunes launch survey on cross-border payment interoperability

The Paypers

Singapore-based Thunes , in collaboration with Visa , has launched a survey which highlights conflicted opinions among Europe-based companies on cross-border payment interoperability.

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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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Swift and Global Banks launch AI pilots to tackle Cross-Border Payment Fraud

Finextra

Swift and Global Banks Team Up to Combat Cross-Border Payment Fraud with AI Swift, the global financ.

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Mastercard Takes Official First Step in World of Crypto: Mastercard Crypto Credential Goes Live

The Fintech Times

Payments giant, Mastercard has achieved a new milestone in its crypto endeavour as its Crypto Credential offering, first announced at Consensus 2023, has officially gone live. C rypto exchange users will be able to send and receive crypto using their Mastercard Crypto Credential aliases Mastercard Crypto Credentials helps verify interactions among consumers and businesses using blockchain networks.

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From Legacy to Leadership: How Financial Executives Can Transform in the Digital Age

Finextra

Many products around us appear to be highly successful. However, sometimes this success is just an i.

Product 59
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Payment hubs – re-thinking enterprise payments

Nomentia

The state of finance in the current economic landscape is under severe pressure to perform and deliver impactful results. The task is not easy. As businesses strive for enhanced efficiency and effectiveness, payment hubs have emerged as key tools in reshaping and revolutionizing financial operations.

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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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Coinbase donates $25m to crypto super PAC

Finextra

Coinbase has become the second firm in a week to donate $25 million into Fairshake, a federal super political action committee (PAC) backing pro-crypto candidates during the 2024 US elections.

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FintechOS Lands $60 Million for its Core Modernization Technology

Finovate

FintechOS received a $60 million investment, boosting its total funding to over $151 million. FintechOS will use the new funds to accelerate its global expansion. In the announcement, FintechOS revealed it experienced 40% year-over-year revenue growth in 2023 and said it expects to break even in 2024. Financial product management platform FintechOS recently announced it received a $60 million Series B+ investment, boosting its total funding to more than $151 million.

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JPMorgan payments boss Georgakopoulos quits

Finextra

JPMorgan Chase global head of payments, Takis Georgakopoulos, is leaving the bank, according to Reuters.

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Partnership Between allpay and The Bank of London Will Simplify Payments in UK Social Housing Market

The Fintech Times

Prepaid cards allow users to manage their finances responsibly, giving them the ability to cap how much they can spend. Looking to ensure this process is simple and accessible to everyone, the Bank of London has announced a partnership with payments specialists, allpay Limited. Together , the companies will leverage their respective strengths and expertise to grow the allpay prepaid card business in the public sector.

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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