Thu.Feb 29, 2024

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Coffee with the Council Podcast: Meet the Council’s New Executive Director Gina Gobeyn

PCI Security Standards

Welcome to our podcast series, Coffee with the Council. I'm Alicia Malone, Senior Manager of Public Relations for the PCI Security Standards Council. Today I am thrilled to introduce the Council's new Executive Director, Gina Gobeyn. Gina joins PCI SSC following the announcement of Lance Johnson's retirement this year. As Executive Director, Gina will drive the organization's strategic direction, its operations, and oversee the PCI SSC senior leadership team and staff.

Security 191
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Ripple and Axelar Foundation Set a New Standard for Blockchain Interoperability on XRPL

The Fintech Times

As more firms look to enter the blockchain and decentralised space, easy integrations and the ability to develop applications are an absolute must. Ensuring this is possible on the XRP Ledger (XRPL), Ripple , the crypto solutions provider, has partnered with Axelar Foundation , the nonprofit decentralised interoperability network. Axelar network’s integration with the XRPL aims to help bolster the XRPL DeFi ecosystem by providing essential liquidity for stablecoins and large-cap assets.

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ANZ adds Qantas as first third-party integration partner for mobile app

Finextra

ANZ customers can now view their frequent flyer accounts with Qantas via the bank's mobile app, under a programme that will see more third party services plugged in over time.

Accounts 111
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What Does 2024 Have in Store for Digital Wallets?

The Fintech Times

Payments are arguably the face of fintech. When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having already looked into digital wallets extensively throughout our paytech theme this month, we now turn our attention to the future. What does 2024 have in store for digital wallets?

Bitcoin 126
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6 Innovative Strategies for Mastering Merchant Services Sales

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.

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Low fintech investment could be just what we need

Payments Next

By Scott Dawson, Head of Sales & Strategic Partnerships, DECTA The cycle of work ethic and business success is perpetual: investors pump The post Low fintech investment could be just what we need first appeared on Payments NEXT.

FinTech 88
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Streamlining Financial Operations: A CFO’s Perspective on FloQast

FloQast

In the fast-paced world of finance, efficiency and accuracy are paramount. Every minute saved in the financial close process can translate to significant organizational gains. In a recent conversation with Justin Smith, Chief Financial Officer at FinQuery (formerly known as LeaseQuery), we delved into how the implementation of FloQast has transformed their financial operations.

More Trending

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What is a Hosted Payment Page? How it Works

Basis Theory

When planning to accept payments, integrating and going live quickly can ensure a smooth and swift road to generating revenue. Hosted payment pages can offer merchants the balance of a secure checkout with a quick go-live.

SWIFT 68
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Green Dot faces Fed’s proposed consent order

Payments Dive

The digital bank set aside $20 million to cover a potential penalty stemming from compliance risk management issues predating the company’s current management.

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Customer Acquisition vs Customer Retention Costs

Chargebee

#Customer Acquisition or Customer Retention: Which Costs More? Customer acquisition and customer retention both play a major part in the growth and development of any successful business. There are strategic costs associated with each aspect that goes into garnering the proper results over a period of time. It is important to understand what the different costs are and which process has been deemed to give your business the biggest ROI because the money spent, lost, or kept has a direct impact o

Process 75
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Digital Wallets Are More Revolutionary in Emerging Markets, Not Developed Ones Reveals Industry

The Fintech Times

Payments are arguably the face of fintech. When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Paytech development has skyrocketed across the globe, with one of the main payment methods adopted being digital wallets. To understand how different geographies have used digital wallets , we reached out to the industry.

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How To Craft Your Perfect Retail Tech Stack

Speaker: Jason Cottrell and Brian Walker

The era of all-in-one platforms is over. Now, retail success depends on integrating a blend of diverse technologies to thrive. As customers and stakeholders expect agility and innovation, how can you meet these expectations efficiently without stumbling into complexity? Explore a customer-centric approach to navigating digital transformation in retail.

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Mastercard and Loop team up to drive financial inclusion in Saudi Arabia

Finextra

Mastercard has partnered with Loop, a leading digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card offerings and innovative payment solutions.

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What is a VAR Sheet?

Fi911

In today’s digital marketplace, where online transactions form the backbone of commerce, it’s imperative for professionals in banking and finance to grasp the essentials of documents and tools that facilitate these seamless and secure exchanges. Among these, the VAR Sheet — short for “value-added reseller” information sheet — stands out as a cornerstone document.

VARS 68
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Appian and Symphony team up for audited communications on non-compliant messaging platforms

Finextra

Appian (Nasdaq: APPN) has partnered with Symphony, the leading markets’ infrastructure and technology platform, to help banks and financial services firms communicate, collaborate, and automate compliantly in a highly competitive and regulated market.

Audit 73
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Quantum tech can increase trading speed by 15% to 20%

Bank Automation

Quantum tech provider Quantum Dice has developed hardware to make financial services operations faster and more efficient. The Oxford, U.K.-based company’s hardware can increase the accuracy in statistical modeling, speeding processes like trading activities and risk assessment by 15% to 20%, Annika Moslein, technical project manager at Quantum Dice, told Bank Automation News Feb.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

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.

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World's Largest Anti-Fraud Org Reports More Than Half of World’s Banks Not Using Biometric Technology

BioCatch

A recent survey from the world’s largest fraud-fighting institution – the Association of Certified Fraud Examiners (ACFE) – finds 40% of banks now use physical biometrics to help combat fraud (up from just 26% five years ago), while another 17% plan to add the technology in the next two years. Only 20% of respondents reported the use of behavioral biometrics solutions.

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3 Things Beyoncé and Her New Country Song Can Teach Banks & Fintechs

Finovate

Here’s an interesting way to celebrate the last day of Black History Month. Let’s talk about what banks and fintechs can learn from Beyoncé. Affectionately known as Queen Bey, the black music and entertainment icon released a single this month called Texas Hold ‘Em , the pop singer’s first ever country music song. The song, which you can listen to on Spotify (beware of the NSFW album cover image), has sparked a flurry of debate among die-hard country music lovers and pop

FinTech 64
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Ex-Mastercard VP raises funds for consumer payments app

Finextra

TABBit, a London based fintech startup, making it possible for friends to manage shared expenses via their existing banking apps, has successfully raised £320k to focus on growth and further product development.

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Trustly and Socure Partner to Offer Open Banking Pay-by-Bank Solution with Enhanced Onboarding

Finovate

Pay by bank expert Trustly and digital identity solutions provider Socure have teamed up this week. Together, the companies will offer streamlined onboarding through Trustly’s Pay By Bank services. Pay-by-bank is expected to see growth this year because of its potential to offer merchants enhanced security, increased speed of payments, and cost savings.

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Maximizing Success as an Independent Sales Agent: The Value of a Payment Partner

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.

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Neobanks, Banks and Fintechs to Receive Embedded Lending Offering From Froda and Visa Partnership

The Fintech Times

Over 50 per cent of European small businesses (SMBs) struggle to gain external finance according to Statista ; consequently, Froda, the Swedish fintech is expanding its partnership with Visa to scale embedded SMB lending across Europe. The Froda Visa partnership will enable other fintechs, banks and neobanks to access Froda’s card-based embedded lending product to offer business loans to their customers.

FinTech 64
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Nium becomes first global fintech to secure Type 1 Funds Transfer licence from Japan’s FSA

Finextra

Nium, the leader in real-time cross-border payments, announced today that it is the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA).

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Home Nation Football Teams Name Chase Bank as Official Banking Partner to Aid Low-Income Individuals

The Fintech Times

Chase Bank , the digital bank owned by JP Morgan , has become the Official Banking Partner of the Home Nations football teams. Chase will work with the England, Northern Ireland, Scotland and Wales Men’s, Women’s, Youth and Para national teams, across four years. The partnerships will see the Chase logo added to the training kits worn by both the men’s and women’s national teams.

FinTech 64
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Canadian banks focus on tech, efficiency, innovation

Bank Automation

Canadian banks leaned into technology spend during the most recent quarter as efficiency and innovation remained a priority. “Transformational level use of technology, creating capacity and business velocity,” is top of mind for Canadian clients, Karin Kirkwood, president of Canada-based fintech Broadridge Canada, told Bank Automation News.

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How Retailers Are Transforming Customer Experiences with Data & AI

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.

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American Express Launches ‘Plan It’, Enabling Cardmember to Pay Off Purchases in Instalments

The Fintech Times

American Express , the bank holding company and multinational financial service provider, has launched ‘Plan It’, a new BNPL-esque offering for the UK market enabling its credit cardmembers to pay off purchases on their statement, or a portion of their monthly bill, in instalments. Cardmembers with an American Express credit card will be able to use Plan It to select a transaction, or an amount from their most recent statement, to put into an instalment plan for three, six or 12 months.

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Apple begins sharing BNPL data with Experian

Payments Dive

The development may spur rival BNPL providers to follow suit, according to Ed deHaan, a professor at the Stanford Graduate School of Business.

BNPL 88
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Fana: Is Charitable Giving the Next Fintech Frontier?

The Fintech Times

The fintech industry continues to experience significant growth and innovation remains at the forefront. However, some areas remain largely untouched, leaving a potential space for significant growth. Robin Yan is the CEO and co-founder of Fana , a fintech for good card and wallet solution provider. Yan boasts over a decade of experience in private equity, structured finance and venture capital and established Fana with a vision to unite people, businesses and charities to make a collective impa

FinTech 64
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5 questions with … ING’s Marco Eijsackers

Bank Automation

ING Bank’s Marco Eijsackers, is head of CIO office, where he is focused on developing and deploying emerging technologies within the $967 billion bank’s operations.

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How Investors & Strategic Buyers Evaluate Integrated Payment Strategies

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.

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Ajman Bank Embraces ‘Responsible Banking’ in Partnership With KPMG ESG Services

The Fintech Times

Ajman Bank , an Islamic financial institution based in the UAE, is partnering with KPMG ESG Services , marking a significant milestone in its commitment to environmental, social, and governance (ESG) principles. This collaboration with KPMG aims to develop the inaugural ESG framework by Ajman Bank, a roadmap, and a long-term vision for sustainability.

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Socure and trustly combine for compliant pay by bank services

Finextra

Socure, the leading provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, and Trustly, a leading global Open Banking payments provider, today announced an industry-first partnership to offer merchants and fintechs a streamlined onboarding and guaranteed Pay by Bank solution.

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How do Payment Trends Differ in Emerging Markets Compared to Established Ones?

The Fintech Times

Payments are arguably the face of fintech. When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having already explored the biggest upcoming trends in the world of paytech, it is clear that progress in payments becomes drastically different depending on which region of the world you look at.

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Mastercard and MTN to drive mobile money across 13 African markets

Finextra

Mastercard and MTN Group Fintech have signed a multi-market agreement that will set in motion a new era of collaboration to connect millions of people and small businesses across Africa with digital tools to transact through secure mobile payments, expanding access to the benefits of the cashless digital economy.

Visa 59
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Mapping Digital Transformation: Retail’s Strategic Shift

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