Mon.Dec 02, 2024

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Is Vietnam Undergoing a Cashless Revolution?

Fintech News

Vietnam is undergoing a transformation and moving towards becoming a cashless economy, a shift that has been driven by innovative financial solutions and public initiatives, a new report by Chiming, a market research firm focusing on Vietnam and Indonesia, shows. The Vietnam Consumer Trends 2024 report, released in October, explores key drivers set to fuel Vietnam’s growth and opportunities, highlighting that digital payment methods are gaining dominance, and helping improve financial inclusion

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Reflecting on 2024: A transformative year in payments regulation

The Payments Association

2024 reshaped payments with instant payment mandates, crypto regulations, and enhanced consumer protection driving innovation and security. In 2024, payments regulation underwent seismic shifts, with reforms spanning fraud prevention, digital innovation, and consumer protection, collectively redefining the industry’s future. From safeguarding consumers against fraud to accelerating innovation in digital payments, regulators across the globe have introduced sweeping reforms aimed at address

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Tenity to Invest in XRP Ledger Startups as It Doubles Down on DeFi

Fintech News

Tenity, a global innovation ecosystem and early-stage fintech investor, is expanding its focus on decentralised finance (DeFi) through its Incubation Fund II. The fund will provide support to startups building on the XRP Ledger (XRPL) across Asia and Europe. Backed by institutions such as UBS, SIX Group, Julius Baer, Generali’s House of InsurTech Switzerland, and Ripple, which is also a strategic partner and Limited Partner, the fund seeks to foster the development of blockchain-based financial

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Ordo Joins Charity Finance Group to Expand Open Banking Donations for Charities

Fintech Finance

Ordo is proud to announce that it has joined Charity Finance Group (CFG) a s their Corporate Partner. CFG is the UK’s leading membership organisation for charity finance professionals. As a CFG Corporate Partner, Ordo will be part of CFG’s expert community and seek to broaden access to donations via Open Banking, ensuring more funds reach the causes that matter.

Finance 98
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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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Deel Acquires Atlantic Money for Undisclosed Sum

Finovate

Deel has acquired U.K.-based international funds transfer company Atlantic Money. Terms of the deal were not disclosed. The acquisition marks Deel’s ninth acquisition. Deel will leverage Atlantic Money’s expertise to enhance its global payroll solutions, enabling businesses to send secure international payouts. Payroll and compliance company Deel has acquired international funds transfer company Atlantic Money.

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There’s a Push to Ban Junk Fees. Does It Affect Credit Card Surcharging?

Stax

In recent years, market adoption of credit card surcharging—a practice by which merchants pass on the transaction fee for accepting a credit card to the cardholder—has increased dramatically. This trend is poised to continue, with a survey from the consultancy CMSPI finding that cost reduction is the top payments priority for 60% of businesses. In parallel with growing market adoption of surcharging, more states have considered and enacted surcharging legislation, often with the stated goal of s

More Trending

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Bybit Unveils Physical Bybit Card in Brazil, Removing Barriers to Everyday Crypto Spending

The Fintech Times

Crypto exchange Bybit , is launching a new physical Bybit Card in Brazil, following the success of its virtual offering which aims to remove barriers to everyday crypto sending. Bybit users in Brazil can now pre-register interest, with free card issuance on offer for a limited time. The crypto exchange has explained that it continues its mission to improve the accessibility of financial solutions to its global user base.

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Lead or be left behind: Adapting to the payment needs of every generation

Payments Dive

Meet the payment needs of every generation to boost loyalty, satisfaction and on-time payments.

Payments 173
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Fintech 2024 Takeaways & 2025 Predictions: View From the Top

The Fintech Times

This month at The Fintech Times, we’re reflecting on the past year’s fintech highlights while looking ahead to what 2025 might hold. We’ve engaged with fintech CEOs and industry experts to uncover key trends from 2024 and their insights on priorities for the coming year. 2024 was a year of challenges and opportunities for fintech. According to KPMG ’s Pulse of Fintech , global investment declined to $51.9billion in the first half of the year – the lowest six-month period since

FinTech 69
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Ripple joins Tenity DeFi fund

Finextra

Swiss fintech incubator Tenity is expanding its focus on Decentralized Finance though an early-stage fund backing promising startups building blockchain-based services on Ripple's XRP ledger.

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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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Navigate Dual Pricing: A Practical Approach to Lower Processing Fees

EBizCharge

Businesses are constantly seeking innovative ways to manage their costs effectively. Among these strategies, dual pricing has emerged as a pivotal concept that can significantly influence processing fees. Understanding dual pricing is essential for any business aiming to maximize profitability and improve its payment models. What is dual pricing? Dual pricing is a strategy where businesses offer two different prices for a product or service based on the payment method, such as cash or credit car

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How to Conduct a Risk Assessment for Your Disaster Recovery Playbook

VISTA InfoSec

Risk management is at the heart of any effective disaster recovery (DR) plan or playbook. No business is immune to disruptions, whether from natural disasters, cyberattacks, or technical failures. The question isnt if, but when these threats will materialize. A proactive approach to risk management allows businesses to identify, assess, and mitigate these threats before they can bring operations to a standstill.

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Deel acquires Wise competitor Atlantic Money

Finextra

Digital payroll vendor Deel has acquired Atlantic Money, a UK fintech startup set up to compete against money transfer giant Wise.

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How to Conduct a Risk Assessment for Your Disaster Recovery Playbook

VISTA InfoSec

Risk management is at the heart of any effective disaster recovery (DR) plan or playbook. No business is immune to disruptions, whether from natural disasters, cyberattacks, or technical failures. The question isnt if, but when these threats will materialize. A proactive approach to risk management allows businesses to identify, assess, and mitigate these threats before they can bring operations to a standstill.

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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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The Different Ways a Business Can Accept Credit Cards

Clearly Payments

With over 79% of consumers using credit or debit cards for transactions, businesses that do not accept cards risk losing significant sales. This article will explore the various ways businesses can accept credit cards, including their advantages, costs, and considerations. In-Store Credit Card Processing For brick-and-mortar businesses, in-store credit card processing is the most traditional and widely used method.

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Harmoney Acquires Compliance Specialist APPC

Finovate

Belgian regtech Harmoney has acquired compliance specialist APPC, a subsidiary of the Forsides Group. The acquisition will provide APPC clients with a broader range of tools to fight challenges ranging from anti-money laundering (AML) to counter-terrorism financing (CTF). Harmoney made its Finovate debut at FinovateEurope 2022 in London. Belgium-based regtech Harmoney announced its acquisition of APPC, the compliance-oriented subsidiary of the Forsides Group.

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Black Friday winners and losers

Payments Dive

Payments players charted an increase in spending over the Thanksgiving Day holiday weekend, with e-commerce sales growth outstripping the rise in stores.

Payments 103
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The Clearing House’s RTP clears $500B

Bank Automation

The Clearing House continues to scale its operations with its Real Time Payments network clearing $500 billion at the end of November. Scaling and monitoring growth “is critical when you’re standing up a brand-new network,” Jim Colassano, senior vice president of product development, told Bank Automation News. The instant payments rail, launched seven years […] The post The Clearing House’s RTP clears $500B appeared first on Bank Automation News.

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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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IPA CEO Featured in American Banker

Innovative Payments Association

Article Addresses Payments at End of 2024 The payments industry is closing out 2024 with a range of unresolved issues, from regulatory uncertainty to the evolution of open banking and fraud mitigation. Our President and CEO, Brian Tate, was recently interviewed by American Banker and shared insights on the fluid regulatory environment and its impact on banks, fintechs, and the broader payments ecosystem.

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Payments Innovation Alliance Releases New Report Demystifying Cryptocurrency and Digital Payments

NACHA

Nacha’s Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, has published Diving into the Fundamentals of Cryptocurrency as a Form of Digital Payment. This resource outlines definitions, process flows and the role of participants in cryptocurrency.

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Lightspeed discloses strategic reorganization

Payments Dive

The Canadian payments software company said it expects the operational overhaul to impact 200 workers and result in savings that can be redirected to its priorities.

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UK marks progress on creating digital ID for businesses

Finextra

A coalition of leading financial institutions and technology companies, led by the UK's Centre for Finance and Innovation Technology, has worked to design a digital company ID to make securing finance and conducting day-to-day business quicker and less vulnerable to fraud.

Finance 95
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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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Envision Credit Union Enhances Self-Service Banking Through Expanded NCR Atleos Relationship

Fintech Finance

NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Tallahassee, Fla.-based Envision Credit Union (“Envision CU”) has deepened its relationship with Atleos, selecting Atleos’ ATM as a Service (ATMaaS) and ITM as a Service (ITMaaS) solution to streamline operations within the self-service banking channel.

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ECB publishes second progress report on digital euro

Finextra

The European Central Bank (ECB) has published its second progress report on the preparation phase of a digital euro, laying the foundations for the potential issuance of the CBDC.

CBDC 93
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The $185 billion opportunity: How platforms can leverage embedded finance to unlock additional revenue streams

Payments Dive

Although early-adopting platforms are already reaping the rewards of embedded finance, crucially, supply has not yet caught up with demand.

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Global Payouts Orchestration: Driving Payments 3.0

Payments Next

By Gabriel Grisham, SVP, PayQuicker The global payments landscape is on the brink of a massive evolution. In 2025, we will witness The post Global Payouts Orchestration: Driving Payments 3.0 first appeared on Payments NEXT.

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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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DBS builds GenAI bridge for SMEs

Finextra

DBS in Singapore plans to reach out to 50,000 SMEs to equip them with GenAI tools and technology to help boost productivty

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Coinbase withdraws application to enter Turkish market

The Paypers

US-based Coinbase has decided to withdraw its pre-application to enter the Turkish market due to the new measures aimed at regulating the crypto market.

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Digital banking platform Lumin Digital raises $160 million

Finextra

Cloud-native digital banking platform Lumin Digital has raised over $160M in growth equity financing, led by Light Street Capital, NewView Capital, and Partners Group.

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Japan based crypto exchange DMM Bitcoin is set to liquidate

The Paypers

Japan based cryptocurrency exchange DMM Bitcoin has prepared to shut down operations after suffering a USD 320 million Bitcoin theft in May 2024 due to a private key hack.

Bitcoin 68
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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