Thu.Dec 05, 2024

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Coinbase Sets Sights on Thai Baht and Philippine Peso Stablecoins

Fintech News

Coinbase, the global cryptocurrency platform, plans to introduce stablecoins pegged to the Thai baht and Philippine peso as part of its focus on Southeast Asia, according to a report by Nikkei Asia. The company currently has no plans to directly enter Southeast Asian jurisdictions. Instead, the company is focusing on its wallet business and blockchain platform Base to drive blockchain adoption by enabling local developers to create solutions for baht and peso stablecoins.

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Mambu Acquires Payment Technology Provider Numeral, Bolstering Its Market Position to Target New Growth Opportunities

Fintech Finance

Mambu, a leading cloud banking platform, has announced the acquisition of Numeral , a French payment technology provider for banks and fintechs. The acquisition strengthens Mambu’s position as an industry leader, in a move that underscores market confidence and growing demand for modern financial experiences. The addition of advanced payment capabilities represents a significant investment in the next phase of Mambu’s growth as an established market player.

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Mambu Acquires Numeral to Expand Payment Capabilities

Finovate

Cloud banking platform Mambu has made its first acquisition, acquiring French fintech Numeral to enhance its payment capabilities and expand its market reach. Numerals cloud-native platform will enable Mambu to offer end-to-end payment workflows, support multiple payment methods, and deliver real-time transaction capabilities to its clients. With growing demand for embedded payments and real-time payment experiences, this acquisition will help Mambu better serve its clients.

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Intuit and Adyen Collaborate to Help Small and Mid-Market Businesses Get Paid Faster

Fintech Finance

Intuit Inc. (Nasdaq: INTU), the global financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, has announced a collaboration with Adyen , the fintech of choice for many of the world’s leading businesses, to help small and mid-market businesses (SMBs) more easily manage electronic payments. The two companies will initially integrate Adyen’s embedded payment services into Intuit’s business platform through QuickBooks Online (QBO) which enables approximat

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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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Transforming the UK’s Payments Infrastructure

The Payments Association

Payments Association has released a report, “Transforming the UK’s Payments Infrastructure,” proposing a revamp of the UK’s payments. The paper argues that the current system of account-to-account (A2A) payments hinders consumer choice and investment and proposes a new model inspired by the success of the card payments model.

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Škoda and Parkopedia Enhance Valued in-car Payment Service

Fintech Finance

Parkopedia and Škoda have updated notifications on their in-car payment service to now include helpful prompts to inform drivers when they are approaching locations that support in-car payment transactions, building upon the existing collaboration that currently provides convenient in-car payments for parking and fuelling. This ‘nudging’ functionality enables drivers to easily locate parking and fuelling sites, with useful notifications now appearing on their vehicles’ infotainment screens to i

Payments 104

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Transform Your Workforce Payroll and Payments Operations with Papaya Global’s AI Solutions

Fintech Finance

There are 3.5 billion workers in the world – and all of them need to be paid. Papaya Global ’s four core new platform technologies bring the payroll industry one step closer to creating a seamless workforce payments experience – regardless of location or employment model. “After listening to our customers and spending countless hours rigorously planning, developing, and testing, I’m excited to launch the next phase of our platform technology.

Payroll 97
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Cash use in the UK rises for second year in a row

Finextra

Cash usage rose for the second time in a year in the UK as consumers resorted to handing over notes and coins at the till to better aid budgeting.

Consumer 124
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Philip Symes Joins Checkout.com as Interim Chief Financial Officer

Fintech Finance

Checkout.com , a leading global digital payments company, has announced the appointment of its new interim Chief Financial Officer, Philip Symes. He replaces Nirupam Sinha, who will leave Checkout later this month. Philip trained at PwC and has more than 25 years of experience in financial leadership roles at Visa Europe, Willis Towers Watson, and various PE-backed companies.

Finance 98
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Smile, Wave or Speak? 5 New Payment Methods You Could Use Soon

Fintech News

Imagine a w orld where your wallet is obso lete, your smar tphone is pass, an d your very pre sence is all yo u need to make a purchase. We lcome to the fu ture of transactions, whe re science fict ion meets your daily coffee run. Dive in to discover five payment method s that you could be using in the not -so-distant fut ure. 1. Paying with a Smile You walk into a store, grab what you need, and walk out without taking out your wallet or phone.

CHIPS 98
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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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IDC MarketScape Positions TreviPay as a Major Player in Worldwide Accounts Receivable Automation Applications for the Enterprise

Fintech Finance

TreviPay , the most-trusted B2B payments and invoicing network, today announced it has been named a Major Player in the IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 Vendor Assessment 1. TreviPay was one of the 14 vendors with a SaaS or cloud offering to be evaluated for their accounts receivable (A/R) strategy and capabilities.

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Payment Optimization Strategies: What merchants can do today to help

Basis Theory

Reasons for merchants to optimize their payment process and strategies to future-proof a payments stack!

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Higher $10 Million RTP® Network Transaction Limit Empowers New Uses

Fintech Finance

The Clearing House , the operator of the RTP® network, the largest instant payments system in the United States, will raise the individual transaction limit to $10 million. The increased limit supports growth on the network in areas including real estate, supply chain payments, and business-to-business transactions that require larger transaction amounts. “We have heard from many of our corporate customers that they have a need to send higher-value instant payments to meet today’s gr

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Data protection is not an excuse when tackling scams and fraud

BioCatch

Some may well think the title of this blog is a little controversial, but these are not my words. I’ve shamelessly lifted this title from a press release that the UK Information Commissioner (ICO) issued in support of International Fraud Awareness Week.

Scams 75
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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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Sokin Completes Strategic Acquisition of Norwegian Fintech Settle

Fintech Finance

UK headquartered payments firm Sokin today announces that it has acquired Norwegian fintech Settle Group AS (Settle) for an undisclosed amount. The acquisition enables Sokin to enhance its technological capabilities, driving the development of innovative solutions and products, including Sokin Pay. Settle is an app-based payment platform, launched in 2010, that operates across all EU countries.

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The Hashgraph Association Backs Global Center for Sustainable Digital Finance With $1.5Million

The Fintech Times

The Hashgraph Association , a Swiss-based venture capital, and technology company, has committed $1.5million to the Global Center for Sustainable Digital Finance as a founding member, aiming to drive and fund research at the intersection between sustainability and digital finance. The Global Center for Sustainable Digital Finance focuses on developing and accelerating research in sustainable digital finance with impact and training students and practitioners to foster innovation on a global scal

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Premier Bank and Mastercard Launch Shari’ah Compliant Payment Solutions in Kenya

Fintech Finance

Premier Bank , a leading Islamic financial institution in Kenya, has announced a collaboration with Mastercard to introduce an innovative suite of Shari’ah-compliant debit, credit, and prepaid cards. This collaboration marks a significant milestone in delivering secure financial solutions, tailored to meet the diverse needs of Kenya’s population and the wider market.

Visa 98
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Behind the Idea: Kixy

The Fintech Times

With a focus on community and connectivity, Kixy will launch its app soon, helping bridge the financial understanding gap for those who traditional financial services have underserved. Having recently partnered with the British Wrestling Association (BWA) to support the community’s financial well-being and foster greater social connectedness, we sit down with Dr.

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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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Nuvei Launches Comprehensive Blockchain Payment Solution

Fintech Finance

Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, has announces the launch of an innovative blockchain-based payment solution for merchants across Latin America (LATAM). Through Nuvei’s partnerships with Rain, a vertically integrated issuing partner for global platforms, BitGo, the leading digital asset custodian and wallet solutions provider, and Visa, Nuvei is enabling businesses to utilize stablecoins – including USD Coin (USDC) – for fa

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Watch: In Conversation with Hayley Thompson at Deloitte

The Fintech Times

The payment technology sector is an integral part of daily life, yet it often operates behind the scenes. From cash and cheques to contactless cards, wearable devices and even vehicles used as payment tools, paytech is advancing rapidly, shaping how consumers interact with money. At Fintech Awards London, Matt Hyde, managing director of the awards, sat down with Hayley Thompson , a payments-focused director in Deloitte ’s financial services M&A transaction team and sponsor of the ‘Payt

FinTech 69
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Dojo Signs New Agreement with American Express to Simplify Payment Processes for Small Businesses

Fintech Finance

Leading payments technology provider Dojo has signed a new partnership with American Express marking the next chapter in their long-standing relationship while making it even easier for small businesses in the UK to accept American Express payments. The strategic agreement will help Dojo’s small business customers accept American Express payments seamlessly with one unified contract, which offers a smoother experience featuring a consolidated statement for transaction reconciliation, a unified s

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LGBT Great Reveals Financial Firms Must Strive For Greater Inclusion or Risk Losing Valuable Talent

The Fintech Times

Gen Z has quickly established itself as the most diverse generation to enter the workforce, however, a new report from LGBT Great , a global diversity and inclusion organisation has revealed that 40 per cent of Gen Z LGBTQ+ professionals do not feel the financial services industry is an ally to the LGBTQ+ community. In fact 23 per cent believe LGBTQ+ talent is not comfortable being ‘out’ at work and 23 per cent view the financial services culture as unappealing.

Risk 69
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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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Airwallex Expands Further in EMEA – Grows 271 Percent YoY, Opens New Office in Paris, and Makes New Hires in Abu Dhabi, Dubai, London, and Amsterdam

Fintech Finance

Airwallex , a leading global payments and financial platform for modern businesses, is set to end 2024 on a high thanks to significant growth across its Europe, Middle East and Africa (EMEA) business. The EMEA unit saw revenue growth of 271 percent in Q3 2024, compared to Q3 2023, and 145 percent increase in transaction volume. The company has also significantly expanded its footprint across the region, with the formal opening of a new office in the ninth arrondissement of Paris, France, and its

Volume 95
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NatWest launches Fintech Growth Programme

Finextra

NatWest Group is launching a Fintech Growth Programme, to help startups to lean on the resources, expertise and networks of an established high-street bank to help them scale-up and drive the bank's innovation pipeline.

FinTech 69
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Premier Bank and Mastercard launch Shari'ah-compliant cards in Kenya

The Paypers

Premier Bank , a Kenya-based Islamic financial institution, has partnered with Mastercard to introduce a range of Shari'ah-compliant debit, credit, and prepaid cards.

Visa 69
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Mambu acquires French payments player Numeral

Finextra

Cloud-based core banking vendor Mambu has acquired Paris-based banking aggregation and payment automation platform Numeral.

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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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Watch: In Conversation with Gautam Pillai at Peel Hunt

The Fintech Times

With more than 2,500 fintech companies in the UK and a thriving ecosystem of talent, London continues to lead as a global hub for innovation. Yet, the sector faces questions about how businesses adapt to economic shifts, secure funding, and scale sustainably in a competitive market. Following Fintech Awards London , Matt Hyde , managing director of the awards, spoke with Gautam Pillai, head of fintech research at Peel Hunt, about these pressing issues.

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Singapore extends deadline for phase out of paper cheques

Finextra

The Monetary Authority of Singapore has pushed back the deadline for abolition of corporate cheque payments by a year to give businesses more time to familirise themselved with incoming and existing e-payment options.

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Lloyds and PayPoint Group Combine Forces to Expand SME Payment Services in the UK

The Fintech Times

Over 60,000 small and medium enterprises (SMEs) in the UK will benefit from a new banking and payments offering following a new partnership between banking group, Lloyds and paytech, PayPoint Group. Merchants can now utilise Lloyds’ services will to further improve how they interact with the PayPoint and Handepay network of merchants. Having been a part of the PayPoint Group since 2021, the new partnership will enable Handepay to accelerate growth across its merchant estates and deliver be

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Visa blocked 410% more suspected fraud on Black Friday

Finextra

Consumers have come out in force again this Black Friday, while fraudsters have continued to target bargain hunters.

Blocks 59
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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