Thu.Dec 12, 2024

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Mastercard Brings Apple Pay to Customers in Egypt

Fintech Finance

Mastercard, in collaboration with the Central Bank of Egypt (CBE) and Egyptian Banks Company (EBC), brings Apple Pay to users in Egypt, providing a safer, more secure and private way to pay in-store, in-app and online. To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch near a payment terminal to make a contactless payment.

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The Complete Guide to Merchant Services for Small Business Owners

Stax

These days, small and medium-sized businesses (SMBs) prefer to opt for industry-specific payment systems and tools over generic solutions. They account for over 50% of spending on vertical-specific software solutions (i.e., custom software for a particular industry or market). Merchant services are one of these key investments. They enable secure, efficient in-store and online payment processing and offer flexible payment options that customers demand today.

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Visa Direct to Make Funds Available in U.S. Cardholders’ Bank Accounts in One Minute or Less

Fintech Finance

Visa , a global leader in digital payments, today announced that with Visa Direct, funds transferred to U.S. bank accounts will be available within 1 minute or less starting in April 2025. Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time1. Whether splitting a bill with friends, moving money between accounts, receiving an insurance claim payout or a worker accessing their earned wages, this change will ensure

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Open Banking is the Key to Facilitating Better Payments: Eviden, Ordo and ByzGen Launch New Offering

The Fintech Times

Looking to facilitate direct payments between businesses and customers in real-time through a new open banking solution, a three-way partnership has been announced between Eviden , the Atos Group business focusing on digital, cloud, big data and security, fintech innovator Ordo and blockchain company, ByzGen. With the pilot open banking solution, customers will be able to authorise payments directly from their bank accounts to businesses on a recurring basis using the Ordo variable recurring pay

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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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EBA CLEARING Launches SEPA-Wide VOP Solution

Fintech Finance

EBA CLEARING today announced the launch of its SEPA-wide VOP solution. The new solution supports payment service providers (PSPs) in offering Verification of Payee services to their customers that fulfill the requirements of the Instant Payments Regulation (IPR) and of the VOP Scheme developed by the European Payments Council (EPC). With this delivery, EBA CLEARING provides the 5,000 PSPs that are connected to its RT1 and STEP2 Services with a comprehensive pan-European solution, which is design

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PayPal to boost prices for merchants

Payments Dive

The digital payments pioneer plans to increase fees U.S. merchants pay for some of its services, including buy now, pay later options, starting next month.

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More Trending

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Shift4 merges with Eigen

Payments Dive

Shift4 quietly updated its website in recent days to say that Eigen Payments is now a part of the payments processing company.

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Scammed in Silence: Unveiling the Digital Fraud Crisis in Rural Areas

Finextra

In our earlier conversations, Amit Gaur, a bank manager in a rural area of Haryana, often lamented

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Banks scramble to meet new ISO standard

Payments Dive

“Companies that delay action risk losing out on both improved payment experiences and potential business with companies whose systems no longer sync up,” writes one industry senior vice president.

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Understanding ISO 27001: The Backbone of Information Security Management

Finextra

In today's digital landscape, where data breaches and cyber threats are increasingly prevalent, ensu.

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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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Streamly Snapshot: Creating Revenue Streams for Community Banks and Credit Unions

Finovate

Community banks and credit unions have long been the cornerstone of local economies. As technology and consumer preferences evolve, however, so must their revenue strategies. Today’s Streamly video highlights a conversation I had with Rob Thacher, CEO at BankShift , a banking-as-a-service platform. During our conversation, Thacher and I discussed embedded finance, leveraging data to create personalized products, fintech partnerships, subscription services, and BankShift’s Brand on Ba

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Walmart’s fintech races to $2.5B value in omen for banks

Bank Automation

Walmart Inc. is pouring more firepower into its fledgling financial venture, scoring a $2.5 billion valuation for the startup and signaling its ambition to wade deeper into financial services. The worlds largest retailer is leading a funding round of more than $300 million alongside investment firm Ribbit Capital, according to people with knowledge of the […] The post Walmarts fintech races to $2.5B value in omen for banks appeared first on Bank Automation News.

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Fintech Emerges as a Leading Adopter of Venture Debt in India

Fintech News

In recent years, Indian startup founders have increasingly turned to venture debt (VD) as a strategic fundraising tool. This financing approach is gaining prominence, particularly in sectors like fintech, where founders are prioritizing preserving ownership while accessing essential growth capital, a new report by Lighthouse Canton, a Singapore-based investment institution specializing in wealth and asset management, says.

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Eviden and Ordo Launch Open Banking Solution to Revolutionize Bill Payments

Fintech Finance

Eviden , the Atos Group business leading in digital, cloud, big data and security, fintech innovator Ordo and blockchain company, ByzGen today announce the pilot launch of a new open banking solution to facilitate direct payments between businesses and customers in real-time. The intelligent flexi-payment solution offers organizations such as utility providers a simple and secure way to collect regular bill payments faster than direct debit and at a lower cost than card-based payments.

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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 Future of Payments: Why Crypto Payment Gateways Are a Game-Changer

Finextra

In a world where digital transformation is reshaping industries, crypto payment gateways are emergin.

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Codat & PayTech Partner to Enable Issuers to Help More Commercial Clients Optimize Spend

Fintech Finance

Codat and PayTech have partnered to transform how commercial card issuers support clients to optimize their supplier payments through spend analytics. Spend analysis is a critical service to help commercial clients optimize working capital by offering recommendations on how to best manage supplier spend patterns. However, these processes historically require heavy, manual efforts, making it challenging for issuers to deliver actionable insights to their commercial clients.

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TBC UZ Drives Customer Engagement and Improves Loyalty With Launch of Credit Card

The Fintech Times

Looking to elevate the credit card experience for consumers in Uzbekistan, TBC Bank Uzbekistan (TBC UZ), a digital bank in the country, has launched its first credit card product. Some of the benefits of the new credit product include a rapid approval process, free issue and delivery, a 55-day interest-free period, as well as competitive APR and minimum payment requirements on the market.

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Blink Payment Partners With Business Pilot to Tackle Installer Industry Late Payments

Fintech Finance

In a move that will help tackle the blight of late payments affecting the fitting and installer industries, Blink Payment , a UK paytech platform, today announces an integration with fitting industry enterprise resource planner (ERP), Business Pilot. With there estimated to be over 4,500 UK window and door installers and 101,000 construction contractors, the integration aims to enable installers to be paid more quickly and securely.

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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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Railsr and Equals Group set for £283m merger

Finextra

The long-trailed merger of embedded banking platform Railsr and payments firm Equals Group is set to go ahead through a £283 million takeover deal.

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eBay and Klarna Expand Partnership Bringing Buy Now Pay Later (BNPL) to New Markets

Fintech Finance

eBay and Klarna , the AI-powered global payments network and shopping assistant, have announced the expansion of their strategic partnership to key European markets making Klarnas Buy Now Pay Later (BNPL) payment options available to more eBay shoppers. The move gives eBay buyers more choice and flexibility in how they pay, and aligns with the evolving preferences of todays shoppers.

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Expanding USDC Adoption: Circle and Binance Announce Parntership

The Fintech Times

Supporting the development of the global digital assets ecosystem, crypto firms, Circle Internet Group Inc. , and Binance , have joined forces to expand the adoption of USDC. Through the partnership, Binance will make USDC more extensively available across its full suite of products and services. It will ensure that its more than 240 million global users are able to seamlessly access and use USDC for trading, saving, and payments applications.

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Kuady Strengthens Latin American Footprint With Ecuador and Virtual Prepaid Mastercard in Argentina Launch

Fintech Finance

Kuady , a leading payments service processor, has announced significant strides in its Latin American expansion, with the introduction of its digital wallet services in Ecuador and the launch of its virtual prepaid Mastercard in Argentina. These developments underscore Kuadys commitment to driving financial inclusion and delivering innovative payment solutions across the region.

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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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Visa Direct to deliver faster bank transfers in a minute or less

Finextra

Visa Direct will soon ensure that funds transferred to US bank accounts will be available within a minute or less.

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TBC Uzbekistan Launches Osmon Card, Its First Revolving Credit Product

Fintech Finance

TBC Bank Uzbekistan (TBC UZ), the countrys largest digital bank, announces the launch of Osmon Card, its first credit card product. Osmon Card is set to elevate the credit card experience for consumers in Uzbekistan, offering an unparalleled range of benefits, including rapid approval process, free issue and delivery, a 55-day interest-free period, as well as the most competitive APR and minimum payment requirements on the market.

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Why White-Label Payment Gateways Are Revolutionizing Business Payments

Finextra

In the fast-paced digital economy, White-Label Payment Gateways are transforming the way businesses.

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TD Bank Teams Up With Backbase to Evolve Its Retail Card Business

Fintech Finance

TD Bank , America’s Most Convenient Bank, announced today that it has teamed up with Backbase , the creator of the Engagement Banking Platform , to help evolve and improve the digital experience for its retail partners. This collaboration will help deliver a more seamless, modern, and multi-channel credit card service experience, and will begin with a rollout to more than two million customers of a large strategic card partnership program.

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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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What Is SWIFT: Secure Global Financial Messaging Explained

Paystand

Table of Contents What is SWIFT? What is the SWIFT code in a bank? How does SWIFT work with economic sanctions?

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GoCardless Partners With Endava to Bring the Latest in Bank Payments to Enterprise Businesses

Fintech Finance

GoCardless has partnered with Endava , a leading provider of next-generation technology services, to help enterprise merchants more quickly access the benefits of bank payments. The collaboration will see Endava offer and manage the integration of GoCardless payment solutions within their enterprise clients as part of large-scale digital transformation projects.

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BYDFi Joins CODE and VerifyVASP Alliances

Fintech News

BYDFi announced its official membership in South Koreas CODE VASP Alliance. The partnership includes successful integration with the Travel Rule compliance solution, ensuring adherence to South Koreas regulatory standards for crypto transactions. CODE formally welcomed BYDFi’s participation at the same time as a post. This important moment reflects BYDFi’s great attention to compliance and determined action, and also marks the crypto industry’s gradual progress towards a more t

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Large Logistics Leader Tests Zwipe Access Cards for Potential Deployment

Fintech Finance

One of France’s leading innovators in logistics, logistics platforms and transport has decided to test Zwipe Access biometric cards. The initiative, made possible through a collaboration with Zwipe AS, aims to enhance security measures at the logistics giants sites while streamlining access control systems. Zwipe AS, a renowned leader in biometric technology, supplied the cutting-edge cards as part of its mission to revolutionize secure authentication solutions.

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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