Landmark Visa, Mastercard settlement in peril
Payments Dive
JUNE 14, 2024
The judge's likely rejection would scuttle a $29.79 billion deal that was two decades in the making.
Payments Dive
JUNE 14, 2024
The judge's likely rejection would scuttle a $29.79 billion deal that was two decades in the making.
Fintech Finance
JUNE 14, 2024
Fingerprint Cards AB (Fingerprints ) and WiBioCard , an Italy-based smart card integrator specializing in web access authentication, verification and physical and logical access control have partnered to offer innovative smart card solutions for the global access market. WiBioCard has built a portfolio of different smart card products targeting large enterprises globally, integrating Fingerprints biometric technology.
Finovate
JUNE 14, 2024
Credit Karma has agreed to acquire technology and assets from Zendrive, a mobility risk intelligence provider. Credit Karma has also brought on certain Zendrive employees, including the company’s CEO Dennis Ellis and its Co-founder and CTO Pankaj Risbood. Terms of the deal, which is expected to close in the fourth quarter, were not disclosed. Intuit’s Credit Karma announced today that it has agreed to acquire technology, assets, and select employees from mobility risk intelligence pr
Fintech Finance
JUNE 14, 2024
Visa , a world leader in digital payments, continues to support Vietnam’s annual Cashless Day (Jun 16), aiming to propel the country’s digital payments ecosystem. Visa is sponsoring the 6th Cashless Day celebration, organized by the State Bank of Vietnam and Tuoi Tre Newspaper. This year’s campaign seeks to engage consumers and businesses with exciting activities and special offers, designed to promote digital payments and expedite Vietnam’s transition to a cashless socie
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.
Finezza
JUNE 14, 2024
In the last five years, the lending industry has grown increasingly competitive, with banks, lending platforms, payment apps, and non-banking financial companies (NBFCs) competing for a piece of the pie. Simultaneously, there’s great potential for data-driven, future-thinking lenders to accelerate growth by capitalising on under-tapped market opportunities.
Fintech Finance
JUNE 14, 2024
Stripe , a financial infrastructure platform for businesses, has announced a range of product and partnership updates for businesses operating in France. This represents Stripe’s largest set of new products for the French market since launching in the country in 2016. New advanced payments solutions for French businesses on Stripe Starting this summer, Alma, the leading buy now, pay later (BNPL) provider in France with over 4 million active users, will be available as a payment method for all St
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Fintech Finance
JUNE 14, 2024
CAB Payments confirms that Neeraj Kapur has received the required regulatory approval and will now take over the role of Group Chief Executive Officer (CEO), Executive Director and member of the Board from Bhairav Trivedi. Neeraj and Bhairav have been working closely together since February to ensure a smooth and orderly handover. As previously communicated, Bhairav will continue as Senior Adviser to the Board, building and strengthening important relationships with central banks, regulators, an
The Payments Association
JUNE 14, 2024
Exploring the shift to digital payments, the role of CBDCs, and the strategic implications for central banks.
Fintech Finance
JUNE 14, 2024
Payzli , a next-generation payments fintech, today announced strategic leadership restructuring to further accelerate revenue growth and solidify its position at the forefront of the dynamic fintech landscape. Effective immediately, Arash Izadpanah, will transition from Chief Executive Officer to Chief Risk Officer. Having spent over three decades in this space, Arash will leverage his extensive industry knowledge and deep risk management expertise in his new role to grow Payzli’s high-ris
The Payments Association
JUNE 14, 2024
Emily Beeby from KAE writes on the top five challenges that payments organisations face when trying to implement green initiatives into their payments processing chains. She emphasises the need for these initiatives in the ever-increasing threat to our environment, and what companies can do to tackle the challenges they face.
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
Fintech Finance
JUNE 14, 2024
Doha Bank and Mastercard have entered a long-term strategic partnership to maintain the bank’s leadership in customer service and innovative payment solutions. The move aligns with Doha Bank’s ‘Himma’ roadmap that aims to redefine how it operates and serves its clients. The landmark collaboration is one of the largest deals of its kind in Qatar, reaffirming the bank’s status as a key player in the country’s financial sector.
Finextra
JUNE 14, 2024
The banking groups have publicised plans to jointly acquire payments processing technology for card holders and merchants.
Fintech Finance
JUNE 14, 2024
eBay is expanding payment method choice at checkout by adding Venmo. The move to introduce new, popular and modern payment options aligns with the evolving preferences of today’s digital natives. This convenient, simple, and safe payment method will bring eBay buyers in the U.S. even more choice and flexibility during the checkout experience. Known for its popularity among Gen Z and Millennials, buyers can enjoy the simplicity of paying for purchases with their Venmo balance, or their bank accou
Bank Automation
JUNE 14, 2024
International payments network Swift is deploying technology to make its payments faster, safer and more efficient.
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.
Payments Dive
JUNE 14, 2024
Pedro Franceschi will become sole chief executive, while co-founder Henrique Dubugras will move to board chair as the company aims to go public in 2025.
Bank Automation
JUNE 14, 2024
SameDay Auto Finance is automating more of its origination and servicing processes after switching to a new loan servicing system earlier this month. TheIrving, Texas-based subprime lender signed on with auto lending software provider Nortridge on June 1, Armando Hidalgo, director of servicing, told Auto Finance News, a sister publication to Bank Automation News.
Finextra
JUNE 14, 2024
Join Finextra in London on 26th November 2024 to challenge the perception of AI and its role in financial services.
Bank Automation
JUNE 14, 2024
BNY Mellon’s technology arm Pershing X’s clients are looking to the tech provider for improved wealth management capabilities. Clients want to upgrade their internal wealth management technology but maintaining the users’ brand is a big part of the conversation, Noam Tasch, head of revenue at BNY Pershing X, told Bank Automation News.
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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?
Finextra
JUNE 14, 2024
Neeraj Kapur has over 20 years of experience in senior leadership roles across retail, corporate and SME banking.
The Paypers
JUNE 14, 2024
White-label payment gateway provider Akurateco has announced that TESS Payments , its Qatari partner, received a PSP licence from the Qatar Central Bank.
Finextra
JUNE 14, 2024
The new technology enables the US giant to streamline pricing, improving the experience for both customers and associates.
Bank Automation
JUNE 14, 2024
A $30 billion settlement between Visa Inc., Mastercard Inc. and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the two decade-long litigation.
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
Open Banking
JUNE 14, 2024
Release scheduled for end of June 2024 Thank you to all the participants who provided valuable input to the Open Banking Standard v4.0 draft consultation. We have now released responses to all the feedback received and have finalised the scope of v4.0 with a release date planned for the end of June. You can see the responses and how we are handling them here.
The Paypers
JUNE 14, 2024
Garanti BBVA Digital Assets , a subsidiary of Garanti BBVA Financial Technologies , has introduced a crypto wallet service on its mobile platform in Turkey.
The Fintech Times
JUNE 14, 2024
LexisNexis Risk Solutions , the global data, analytics and fraud prevention platform, has revealed that synthetic fraud, a criminal activity that has plagued the US, is now becoming a larger issue in the UK. Synthetic identity fraud involves merging part of a real identity with fake elements to allow fraudsters to abuse services under a fake name. As such, it can sometimes be called ‘Frankenstien cloning’ This is often done to spoof credit checks and commit high-value fraud against
Finextra
JUNE 14, 2024
Doha Bank and Mastercard have entered a long-term strategic partnership to maintain the bank’s leadership in customer service and innovative payment solutions. The move aligns with Doha Bank’s ‘Himma’ roadmap that aims to redefine how it operates and serves its clients.
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.
The Fintech Times
JUNE 14, 2024
Payments giant Mastercard has relaunched its ‘Priceless Beijing’ programme, in partnership with the Beijing Municipal Bureau of Culture and Tourism , to offer cardholders visiting China access to hundreds of destinations, including the Great Wall and the Peking Opera. Utilising the public-private partnership, Mastercard and the Beijing Municipal Bureau of Culture and Tourism hope to enhance the experiences of inbound travellers to China.
Finextra
JUNE 14, 2024
Join FinextraTV at the Temenos Community Forum 2024 as Colin Jarrett, Chief Security & Risk Officer, Temenos dives deep into the main security and risk considerations for banks when moving to the cloud or SaaS. The conversation then moves on to how banks can best overcome these obstacles and how technology providers can help financial institutions meet security and risk requirements.
The Fintech Times
JUNE 14, 2024
Fuse Financial Technologies , the cross-border payments firm based in the Middle East, has officially obtained licencing from the Dubai International Financial Centre (DIFC), enabling it to cater to the growing demand for remitting money into the UAE. The UAE’s digital remittances market is projected to exceed $7.5billion this year, while transaction value is forecasted to grow by a compound annual growth rate (CAGR) of 3.08 per cent to reach nearly $8.5billion by 2028.
Finovate
JUNE 14, 2024
This week’s edition of Finovate Global looks at recent fintech developments in Egypt. Egyptian fintech Sahl raised $6 million in funding An investment of $6 million will help Cairo-based fintech Sahl pursue its expansion in Saudi Arabia. The funds – courtesy of a Series A round led by Ayady for Investment and Development and featuring participation from existing investors Egypt Pay, Delta Electronic Systems, and E-Finance – will also help support Sahl’s mobile bill paymen
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
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