Thu.Aug 29, 2024

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Stripe Unveils AI-Powered Tools for Payments, Pricing, and Fraud Prevention

Fintech News

Payments firm Stripe has announced several new features aimed at enhancing cross-border commerce in Asia, including AI-powered payment tools and expanded market coverage. These updates were revealed during Stripe Tour Singapore, the company’s annual product showcase in the region. A key highlight is the introduction of Stripe’s Optimised Checkout Suite, which now uses artificial intelligence (AI) to determine the most suitable payment methods for customers based on their preferences.

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NCR Atleos Launches New LibertyX Bitcoin to Cash Feature Bridging the Digital to Physical Across the United States

Fintech Finance

NCR Atleos Corporation (NYSE: NATL) (“Atleos”) today announced the launch of a new LibertyX Bitcoin Cashout feature whereby enrolled LibertyX customers can sell bitcoin, picking up their cash conveniently at ATMs across the United States at thousands of leading merchant locations with a transaction point within five miles of more than three in four Americans once rolled out across all participating ATMs.

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SoftServe Unveils Gen AI Solutions Powered by NVIDIA Technology

Fintech News

SoftServe, a global IT consulting and digital services firm, has introduced its Gen AI Solutions, enhanced with NVIDIA NIM Agent Blueprints, aimed at simplifying the deployment of generative AI (Gen AI) applications for enterprises. These solutions are designed to address common challenges in scaling Gen AI applications from prototypes to full-scale production, particularly in the Asia-Pacific region.

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TBC Bank Uzbekistan Secures $25 Million From Swiss Impact Investor BlueOrchard

Fintech Finance

TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces today it has secured $25 million in debt financing from a private debt fund managed by Switzerland-based impact investor BlueOrchard Finance Ltd (BlueOrchard). These funds will be dedicated to further expanding TBC UZ’s ecosystem. This will contribute to the ongoing growth of the digital bank’s loan portfolio and promote financial inclusion in Uzbekistan, Central Asia’s largest country by population.

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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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Central Bank Digital Currencies (CBDCs) in 2024

Clearly Payments

Central Bank Digital Currencies (CBDCs) have received attention in recent years as central banks worldwide explore the potential to evolve the way we conduct financial transactions. With the rise of digital payments, cryptocurrencies, and fintech innovations, CBDCs represent a new frontier in the evolution of money. This article covers what CBDCs are, how they have evolved until 2024, their impact on payments, and the future they could shape.

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Mastercard Selects India for the Global Launch of Its Payment Passkey Service, Accelerating Secure Online Checkout for Millions of Shoppers

Fintech Finance

During a keynote presentation at Global Fintech Fest in Mumbai, Mastercard announced the worldwide launch of its new Payment Passkey Service to make online shopping more secure and easier than ever. Debuting first in India as a pilot with some of the nation’s largest payments players, including payment aggregators such as Juspay , Razorpay and PayU , online merchants such as bigbasket and leading banks such as Axis Bank , the service will give millions of consumers more control and peace of mind

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OPEN Launches Bharat BillPay for Business in Partnership with NPCI Bharat BillPay Limited

Fintech Finance

OPEN , a leading fintech that offers an all-in-one finance platform for SMEs to automate their finances, has launched Bharat Billpay for Business in partnership with NPCI Bharat BillPay Limited (NBBL). With this launch, OPEN became one among the first few Indian fintechs to offer Bharat Billpay for Businesses. Bharat Billpay for Business is a cutting-edge platform developed by NBBL that streamlines B2B transactions by enabling businesses to manage and pay invoices via an interoperable network co

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Effective leadership in payments is more about dynamic protectionism than trust

The Payments Association

Richard Ney, CEO of Lerex Technology, presents his thoughts on why "Trust" is often a wrongly applied term in Payments. That it is the duty of Fintech companies to protect their customers using their understanding of how risk and compliance issues should be applied to technology. Dynamic Protectionism is a better description of how Fintechs should service their customers rather than applying blind trust.

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Numeral and HSBC Innovation Banking Collaborate to Empower Innovative Companies With Embedded Payments, Announcing Qover as a Joint Customer

Fintech Finance

Numeral , the payment technology provider, and HSBC Innovation Banking UK , the banking partner to innovators and their investors, today announce a collaboration to enable innovative companies to embed HSBC Innovation Banking UK’s payment and account services via Numeral APIs. The offering is available to companies who are both a Numeral and HSBC Innovation Banking UK client.

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PINless Debit: The Payment Method Merchants Should Consider Next

Basis Theory

PINless debit is a debit card transaction that does not require the entry of a PIN. Find out what types of payments PINless debit are used for most!

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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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Fime Expands NFC Offering With New Technical Centre in Lille

Fintech Finance

Fime has enhanced its Near Field Communication (NFC) testing offering by opening a new Technical Centre in Lille, France. This will strengthen Fime’s complete NFC testing solution, enabling full end-to-end design, development and integration support. It complements Fime’s existing consultancy, test suite and software capabilities to further reinforce the quality of its offer and its continued focus customer satisfaction.

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What is a Payment Service Provider (PSP) and How Do They Work?

Stax

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. A PSP (Payment Service Provider) can equip your eCommerce and brick-and-mortar business with an all-in-one platform that supports multiple payment systems, including debit & credit cards, eWallets, and bank transfers (ACH).

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Pine Labs and Visa Announce Partnership to Boost Digital Payments Adoption Across Bharat

Fintech Finance

Leading fintech Pine Labs and Visa , the global leader in global payments have come together to scale digital payments acceptance and further India’s vision of a digital economy by unveiling Pine Labs Mini, a soundbox-enabled device for QR, Near Field Communication (NFC) and card payments. The partnership aims to significantly upgrade the in-store payment experience of millions of merchants across the country who currently rely on only printed QR codes or low-tech solutions.

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How mobile wallets boost security, convenience and inclusion for bill payments

Payments Next

By Brent Johnson, CISO, Bluefin A notable shift is occurring in the payment landscape as mobile wallets gain traction among consumers. Mobile The post How mobile wallets boost security, convenience and inclusion for bill payments first appeared on Payments NEXT.

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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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Crown Agents Bank to Collaborate with Visa on FX and ‘Last Mile’ Payments Across Emerging Markets

Fintech Finance

Crown Agents Bank (CAB) and Visa today announced a collaboration to enable fast, efficient and reliable payments and FX, especially across the ‘last mile’ – a term for the final and most complex stage in the payment process. CAB is a UK-regulated bank specialising in FX and cross-border payments for hard-to-reach markets. Visa has historically used CAB to provide FX liquidity in the settlement of high value payments – such as bank-to-bank transfers, or payments between large institutions – in ce

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Affirm shuffles leadership, promoting CFO to COO

Payments Dive

The BNPL provider plans to promote Michael Linford, the chief financial officer, to chief operating officer and tap a new CFO.

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PayPal Expands Strategic Partnership with Fiserv to Streamline Checkout Experiences in the U.S.

Fintech Finance

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced an expansion of its global strategic partnership with Fiserv, Inc. (NYSE: FI) which will streamline how merchant clients of Fiserv enable PayPal experiences for their customers. Building on a longstanding partnership between the two companies covering several products and services and millions of businesses, the expanded relationship simplifies how Fiserv clients enable PayPal, Venmo and related services, and provides these businesses with a s

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50% of Bank of America transactions are contactless, leader says

Bank Automation

ATLANTA — Contactless transactions saw a boost amid the pandemic and contactless payments are here to stay as adoption continues to tick up, according to Bank of America.

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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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emerchantpay and Novalnet AG Expand Strategic Payments Partnership to the US Market

Fintech Finance

emerchantpay , a leading global payment service provider and acquirer, has announced the expansion of its strategic partnership with Novalnet AG, a German-based pioneer in all-in-one global payment services, to the United States. Building on their successful collaboration in Europe, this partnership aims to enhance Novalnet’s capabilities and maximise its merchant growth across the US by facilitating payment acceptance with emerchantpay’s advanced payment solutions.

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Nvidia data center revenue up 154% YoY

Bank Automation

Chip manufacturing behemoth Nvidia reported record second-quarter revenue on growing demand for its data centers, hardware and AI models. “Data center revenue of $26.3 billion was a record, up 16% sequentially and up 154% year-on-year,” Chief Financial Officer Colette Kress said in the company’s earnings release on Aug. 28.

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Payments Innovator Silverflow Partners with Halo Dot, a SoftPOS Provider, to Offer Clients an Out-of-the-Box Solution for Launching POS Payments

Fintech Finance

Silverflow , a leading innovator in payment processing technology, has partnered with Halo Dot , a pioneering provider of SoftPOS solutions to supply businesses with a seamless and powerful payments solution, combining Halo Dot’s SoftPOS application and Silverflow’s cutting-edge processing engine. Silverflow is building upon the decades-old payments infrastructure with new technologies fit for 21st-century businesses, making it unique among payments companies.

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Canadian earnings roundup: Banks invest in digital banking, AI

Bank Automation

Canadian banks are continuing to invest in AI for improved client experiences and efficiencies. There is “continuous demand for digital innovation,” Karin Kirkwood, president of fintech Broadridge Canada told Bank Automation News.

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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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Unlimit Partners with Alchemy Pay to Streamline Fiat-to-Crypto Purchases Worldwide

Fintech Finance

Global fintech Unlimit today announced the expansion of its long-standing partnership with Alchemy Pay , the leading fiat-to-crypto payment gateway, aimed at enhancing its growth in key target markets, like the EU, SEA and LatAm, with the support of Unlimit’s extensive payment method portfolio. Alchemy Pay facilitates fiat-to-crypto purchases across 173 countries, with strong coverage in Europe, Latin America, and Southeast Asia.

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DIFC’s Dubai AI Hub Joins Forces With Google Cloud to ‘Unlock’ Startup Potential in Dubai

The Fintech Times

Dubai AI Campus , the dedicated cluster of AI companies at the DIFC Innovation Hub , home to the first fintech accelerator in the Middle East, is collaborating with Google Cloud, leveraging its expertise and resources to better support the local startup ecosystem. Through the new partnership, Google Cloud intends to offer mentorship opportunities for selected startups within the Dubai AI Campus.

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Cross Border Payments on the Rise, Trulioo Reports 142% Surge in Remittance Transactions

Fintech Finance

Trulioo , an industry-leading identity platform with proven global coverage for person and business verification, today announced a 142% year-over-year increase in remittance-related transaction volume through its platform. As cross-border payment demand reaches new heights, remittance companies continue to turn to the Trulioo global platform for its comprehensive analytics and localized digital verification workflows in 42 languages.

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Improving Onboarding, User Data Checks and Identifying Fraud, Cashfree Payments Launches Secure ID

The Fintech Times

Cashfree Payments , the Indian paytech and API banking solutions provider, has launched Secure ID, its end-to-end solution for identity verification, risk assessment and fraud prevention. The solution leverages AI and LLMs to integrate into existing workflows for businesses, ensuring a smooth user experience across onboarding, user data verification and identifying user-level fraud.

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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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Goldman, Nomura tap Meta Llama AI models

Finextra

Goldman Sachs and Nomura are among the companies using Meta's Llama open source artificial intelligence models.

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Climate fintech Zero announces delivery partners ahead of launch

The Paypers

Climate fintech Zero has announced delivery partners ahead of its launch, aiming to optimise banking for customers and develop a more sustainable environment.

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Mastercard debuts Payments Passkeys in India

Finextra

Mastercard is to debut its Payments Passkey service in India, bringing biometric authentication to online shopping.

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PayPal and Fiserv Tighten Ties for Faster Checkout

Finovate

Fiserv is tapping PayPal to help its merchant clients offer faster checkouts through PayPal’s Fastlane. Fastlane recognizes returning customers via email, allowing them to autofill payment details and complete purchases in as little as one click. PayPal estimates Fastlane users convert more than 80% of the time, with a 50% higher conversion rate and a 32% faster checkout process compared to non-users.

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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