Thu.Feb 20, 2025

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Live Oak Bank Implements Finzly’s Fedwire Solution

Finovate

Live Oak Bank has enhanced its commercial and small business banking services by partnering with Finzly for its Fedwire solution. Finzly’s technology enables 100% straight-through processing (STP) and will help ensure the bank is compliant with upcoming ISO 20022 regulations. Finzly is a two-time Finovate Best of Show award winner. The company most recently demoed its technology at FinovateSpring 2022 in San Francisco.

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U.S. Faster Payments Council Shares Results from 2025 Faster Payments Barometer

Fintech Finance

The U.S. Faster Payments Council (FPC), in collaboration with Volante Technologies , today released results from the 2025 Faster Payments Barometer, the latest in its series of comprehensive studies analyzing the adoption, trends, and perceptions surrounding faster payments in the U.S. The 2025 Faster Payments Barometer, conducted in the fall of 2024, captured insights from over 400 organizations, including financial institutions, businesses, associations, and technology providers.

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It’s a ‘fintech plus’: How J.P. Morgan Payments became the bank’s $4.7B growth engine

Tearsheet

J.P. Morgan Chase’s identity is defined by its position as the largest US lender and a leader in retail and investment banking. However, the banks payments arm might be its next big engine of expansion. JPM ended Q4 2024 strong , with profits up 50% to $14 billion and revenue rising 10% to $43.74 billion. Its payments unit, processing nearly $10 trillion daily, chipped in $4.7 billion to the overall revenue pile.

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Runa Introduces Runa Assure: Proactive Security for Payout Protection

Fintech Finance

Runa , the leading global fintech infrastructure for the next generation of payouts experiences, today announced the launch of Runa Assure, a security suite specifically built to fortify payout processes against threats of fraud, cyberattacks, and compliance risks. Runa Assure was purpose-built for instant payout methods, including gift cards, prepaid, and push-to-card, and now protects over two million unique recipients every month.

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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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What Are the Potential Drawbacks of Automating Back-Office Operations?

The Fintech Times

A couple of years after its initial boom, artificial intelligence (AI) still remains a huge buzzword in the fintech industry, as every firm looks at a new way of integrating the tech into its infrastructure to gain a competitive edge. Exploring how they are going about doing this in 2025, The Fintech Times is spotlighting some of the biggest themes in AI this February.

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Galileo Financial Technologies Enables Brands to Offer Co-Brand Debit Rewards Cards

Fintech Finance

Galileo Financial Technologies , SoFi Technologies, Inc.s Technology Platform (NASDAQ: SOFI), has launched a co-brand debit program offering, enabling brands to offer debit users access to rewards typically reserved for credit card holders. Galileo is the first to bring this type of program offering to the U.S. hospitality sector. While co-brand credit rewards programs are common, debit users have largely been left outuntil now.

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UK Demands More Innovative Payment Methods

Fintech Finance

As digital payment methods continue to evolve, UK consumers and businesses are increasingly seeking more innovative and flexible payment solutions. New research from Moneyhub , the Open Banking data and payments platform, has revealed a strong appetite for intelligent payments that can be delivered by Open Banking and Variable Recurring Payments (VRPs), highlighting significant opportunities for businesses to capitalise on modern payment technologies.

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How stablecoins may extend US dollar supremacy

Payments Dive

“Dollar-based stablecoins such as USDT and USDC are traded all over the world at any time of the day, regardless of holidays, time zones, and whether markets are open or closed,” writes the CEO of an embedded finance company.

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KONA I Granted Mastercard Letter of Approval for IDEX Pay Biometric Cards

Fintech Finance

Global smart card and technology platform company KONA I , has obtained the Letter of Approval from Mastercard for biometric plastic (PVC) payment cards built on the IDEX Pay platform, allowing the issuance and deployment of biometric cards globally. KONA I obtained the worlds first, Mastercard approval for IDEX Pay biometric metal cards at the end of last year.

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Loop and Global-e Power New Returns Solution to Help Businesses Realise Cross-Border Ambitions

The Fintech Times

Loop , the commerce operations platform for Shopify brands, is partnering up with Global-e , the platform powering global direct-to-consumer e-commerce, to enhance returns management for merchants. Merchants are increasingly prioritising international expansion to drive growth – but businesses that operate cross-border continue to experience challenges relating to their returns processes.

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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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Thunes Expands its Direct Global Network into Taiwan

Fintech Finance

Thunes , the Smart Superhighway to move money around the world, today announced the expansion of its Direct Global Network into Taiwan. This expansion brings Thunes Pay-to-Banks payment capabilities to Taiwan, enhancing the companys cross-border payment services in one of Asias most technologically advanced and financially dynamic markets. With this expansion, Members of Thunes Direct Global Network can now provide their customers with real-time payout services into Taiwan in both New Taiwan Dol

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Accelerating Pay by Bank Adoption in the UK: Token.io and Fabrick Announce Partnership

The Fintech Times

Looking to expand the benefits and adoption of account-to-account (A2A) payments in the UK, specifically through the use of open banking facilitated Pay by Bank payments, Token.io , the A2A payment infrastructure provider and Fabrick , the payment orchestrator, are announcing a new partnership. In December 2024 alone, almost one million (950,000) Brits tried using Pay by Bank, according to Open Banking.

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Finzly Enhances Live Oak Bank Wire Services with 100% STP Using Fedwire Solution

Fintech Finance

Finzly , a leader in innovative payment and financial solutions, announced that Live Oak Bank has successfully enhanced its commercial and small business banking services by implementing Finzly’s Fedwire solution , achieving 100% straight-through processing (STP). This strategic move not only streamlines payment processing but also positions the bank to meet the upcoming ISO 20022 compliance requirements ahead of schedule.

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Streamlining Cashflow and Payments: Red Maple Launches Subscription Management Tool

The Fintech Times

Firms are constantly looking for new ways to streamline their payments to have a better understanding of their cashflow. This demand has led Red Maple , the payments solution provider, to launch a new subscription payments model designed specifically to integrate with Microsoft Dynamics 365 Finance & Operations and Business Central. The new software by Red Maple eliminates manual processes, enhances customer experience, and ensures timely payments through automation, customisation, and seaml

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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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FBS Analysts Explore AI’s Growing Role in Trading

Fintech Review

Singapore, Singapore, February 20th, 2025, FinanceWire FBS , a leading global broker, has released an in-depth analysis of how artificial intelligence (AI) is reshaping the trading landscape. The report highlights AIs growing role in improving efficiency, accuracy, and data-driven decision making. AI Reshaping Trading Strategies According to FBS analysts, one of the most significant developments is the rise of AI-powered trading assistants.

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Salad Money Launches Payit by NatWest to Make Loan Repayments Easier for Customers

The Fintech Times

Salad Money , an online loan provider, is rolling out Payit, the open banking payments solution by NatWest , to enable its customers to make loan repayments more easily. Through Payit by NatWest, Salad Money customer can now link their bank account to access one-click digital loan payments with less friction – thanks to a reduced need for a card and one-time passcodes.

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Introducing PCI SSC’s New Vendor Portal Dashboard

PCI Security Standards

The PCI Security Standards Council (PCI SSC) is pleased to announce the launch of its new Vendor Portal Dashboard, a significant enhancement to its existing PCI Portal that simplifies program management and improves visibility for all vendors.

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MANSA Raises $10 Million for Blockchain-Based Payments

Finovate

Stablecoin payments provider MANSA has secured $10 million in funding. Of today’s investment, $3 million in pre-seed funds come from Tether and Polymorphic Capital, and an additional $7 million are from institutional investors. MANSA will use the funds to expand into Latin America and Southeast Asia. Stablecoin-based payments solutions company MANSA has raised $10 million to help payment companies alleviate global liquidity challenges.

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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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Chase to restrict Zelle payments stemming from social media

Finextra

Chase has warned customers that it will start blocking payments to social media contacts through the Zelle P2P network over fraud concerns.

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Winter 2025 Product Release: Faster Checkout, Smarter Fulfillment, and Smoother Returns

DeckCommerce

This release is all about giving brands more flexibility and control over fulfillment, checkout, and returns while also making inventory management more accurate and effi cient. Whether its offering customers faster, more affordable delivery, removing friction at checkout, or making returns and inventory updates easier, these enhancements help retailers operate more efficiently and keep shoppers happy.

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How to meet all customers where they are? Omnichannel Payments

Basis Theory

Unifying payments across all your channels makes repeat customers happy, and grows revenue. Learn more about omnichannel payments here.

Payments 101
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Fight night 2025: Frictionless payments vs fraud prevention

The Payments Association

Banks and fintechs step into the ring. Your challenge? Deliver seamless, frictionless payment experiences to your customers while standing strong against the rising tide of fraud. Seems straightforward, right?But heres the knockout punch: seamless payments demand speed and efficiency – integrated systems, fast money flow, and minimal clicks for customers.

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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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Waller sees stablecoins advancing in retail

Payments Dive

Stablecoins are seeping into payments at stores, but there are plenty of hurdles before they become widely used, according to Federal Reserve Governor Christopher Waller.

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Capital One acquires Discover Financial for USD 35.3 billion

The Paypers

US-based Capital One has acquired Discover Financial Services as their respective stakeholders voted to approve the move.

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SEC creates Cyber and Emerging Technologies Unit

Finextra

The US Securities and Exchange Commission has created a Cyber and Emerging Technologies Unit (CETU) to focus on combatting cyber-related misconduct and to protect retail investors from hackers and the misuse of AI.

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Nigeria sues Binance for USD 81.5 billion due to economic losses and back tax

The Paypers

Nigeria has instituted legal proceedings against Binance , seeking USD 79.5 billion in damages for claimed economic losses and USD 2 billion for unpaid taxes.

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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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Cash usage declines and one-in-three Europeans would use digital Euro

Finextra

The latest European Payment Study by management and technology consultancy BearingPoint reveals significant shifts in payment behavior across nine European countries.

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Lloyds saves $1.5B with tech in 2024

Bank Automation

Lloyds Banks technology and data analytics deployment is expanding its reach, growing its consumer base and cutting costs, allowing the bank to see more than $1 billion in savings. We have hired more than 4,000 colleagues across data and tech who are accelerating our technology modernization, Chief Executive Charlie Nunn said during the banks Q4 […] The post Lloyds saves $1.5B with tech in 2024 appeared first on Bank Automation News.

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Revolut doubles down on hybrid working

Finextra

Revolut may be preparing to move into a new HQ in London's Canary Wharf, but the fintech is staying true to its pledge to allow employees to continue to work from home.

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Mastercard to eliminate physical card numbers by 2030

The Paypers

Mastercard has unveiled its plans to phase out traditional 16-digit card numbers by 2030, marking a significant shift in payment technology.

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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