Thu.Oct 17, 2024

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Increase Revenue by as Much as 93%: Introducing Stax Connect Plus

Stax

Navigating the world of payments can be complicated, especially when you’re running a software business with many moving parts. Embedding payments is a great first step, but encouraging merchants to adopt payments and onboarding them is another hurdle many ISV/SaaS businesses run into. If only there was a team that would work strategically with you to deliver a seamless payment experience in all areas including sales, support, activation, onboarding, product, and marketing… Oh, wait, now there i

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Walmart pitches Fiserv’s Clover to business clients

Payments Dive

The retailer is offering the mega-processor’s Clover equipment and account services to its business clients at a discount through next January.

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Premier Bank, Mastercard, and Tappy Technologies Launch Tokenization-Passive Payment Wearables, Revolutionizing the Future of Payments

Fintech Finance

Premier Bank , in collaboration with Mastercard and Tappy Technologies , has launched Tap2Pay, making Premier Bank the first Somali Bank in Africa to launch tokenized-passive payment wearables. This solution marks a major milestone in the continent’s payment ecosystem, introducing secure, contactless transactions through cutting-edge wearable technology.

Visa 122
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BIS Introduces Project Aperta for Secure Cross-Border Data Sharing in Finance

Fintech News

The Bank for International Settlements (BIS) has launched Project Aperta , an initiative aimed at improving open finance interoperability, reducing frictions, and cutting costs in global finance. The project focuses on connecting the domestic open finance infrastructures of different jurisdictions, enabling secure, encrypted data sharing via APIs. Initially, it will focus on trade finance for SMEs, targeting products like letters of credit, trade credit insurance, and supply chain financing, wit

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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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User-Based vs. Device-Based Age Verification: Protecting Minors Online 

Segpay

In today’s digital age, protecting minors from age-restricted content has become an increasingly important concern. Age verification systems are essential tools for ensuring compliance with regulations designed to prevent minors from accessing inappropriate content or services. This article explores the key differences between user-based age verification and device-based age verification methods, examining the advantages and characteristics of each approach.

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Batumbu Names Reza Perazi as President Director, Adds 2 New Board Members

Fintech News

Batumbu, an Indonesian fintech lending company and part of Validus Investment Holding, has appointed a new Board of Directors. Reza Perazi Armadi has been appointed as the new President Director, succeeding Tan Glant Saputrahadi, who stepped down from the role. Reza previously served as Deputy President Director and has over two decades of experience in the banking industry, particularly in MSMEs and supply chain finance.

Finance 117

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The role of leadership in shaping payments industry innovation

The Payments Association

Visionary leadership is crucial for driving innovation and navigating the rapid changes in the payments industry. In the ever-evolving payments industry landscape, marked by rapid technological advancements, shifting consumer expectations, and a complex regulatory framework, the imperative for dynamic and visionary leadership has never been more pronounced.

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BVNK and Circle Partner to Expand USDC Utility for Global Business Payments

Fintech Finance

BVNK , the payments infrastructure provider, and Circle , a global financial technology firm, today announced a partnership aimed at accelerating the utility of USDC for BVNK’s global customer base. BVNK will integrate USDC more deeply into its payment offerings, enabling businesses to leverage USDC’s speed and stability for a variety of payment use cases.

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Discover what 200 board members think about today’s boardroom

The Payments Association

‘Navigating a new era for the non-executive director’ is now available to download. The report is based on the insights of 200 UK board members surveyed in May this year. BDO undertook this research in partnership with executive search firm Norman Broadbent to explore the realities of the NED role today. Key research findings. The most valued NEDs are strategic thinkers with strong industry expertise 25% say they need more NEDs, but 98% say their board struggles to attract the right

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Global Study From Checkout.com Reveals Generation Alpha’s Rising Influence in Digital Economy

Fintech Finance

A global study released today by Checkout.com , a leading global digital payments company, highlights the consumer buying behaviour which is powering today’s digital economy. The research, conducted across the UK, US, UAE and China, reveals a number of trends, including the growing spending power of Generation Alpha. Children aged 8-15 years old (Generation Alpha) are driving over a quarter (27%) of their household’s monthly spend, rising to nearly a third of monthly spend for digital purchases,

Economy 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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Fincrime compliance report 2024

The Payments Association

For the previous two years, fscom has released a fincrime compliance report to provide insight into our AML/CTF audit service and, more specifically, the compliance challenges regulated and supervised financial services firms face. Once again, this year, fscom has conducted a similar analysis to identify and report on where any new challenges lie, give insight into where improvements have been made, and set out where firms are still not meeting the requirements of the regulator and what can be d

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Broadridge Launches Instant Payments Service, Aligned with New EU Regulations

Fintech Finance

Broadridge Financial Solutions , Inc. (NYSE:BR), a global Fintech leader, today announced the launch of its highly resilient and scalable managed service for connectivity, message processing and workflow management for instant payments. The Broadridge service supports real-time money transfers, operating 24/7/365, with transaction processing times of under 10 seconds from payer to beneficiary.

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Banks urged to act now to avoid future quantum catastrophe

Finextra

Banking regulators have put the financial indsutry on notice that they must begin immediately developing plans for mitigating quantum computing risks.

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SoFi Technologies to Adopt Galileo’s Cyberbank Core for New Commercial Payment Services Sponsor Banking Program

Fintech Finance

SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that empowers members to borrow, save, spend, invest, and protect their money, has announced its adoption of Galileo ’s modern, cloud-based Cyberbank Core to power a range of payment services to commercial clients, including debit, prepaid, ACH and wire transactions, and associated banking services.

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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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FCA to open AI Lab

Finextra

The FCA is launching an AI Lab to work alongside banks, tech firms, academia and consumer groups to explore how AI can be safely and effectively integrated into financial services

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Swift Cross-Border Payment Processing Speed Stretches Further Ahead of G20 Target

Fintech Finance

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour. Swift’s data shows that the speed of processing transactions to all but two of the top 40 countries on its network – by volume of payments received – continues to be above the G20’s target of one-hour end-to-end processing for 75% of inte

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Worldline moves into account-to-account payment market

Finextra

Worldline is seeking to futher diversify its payment offerings with the launch of account-to-account payment services across ten European markets.

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Yuno Welcomes Former Uber and JP Morgan Director to Lead APAC Partnerships and Drive Regional Growth

Fintech Finance

Yuno , the world’s leading payment orchestration platform, today announced the appointment of SheueChee Beh as its new Head of Partnerships for APAC. This move doubles down on the company’s commitment to scaling its presence in Asia-Pacific. SheueChee has over two decades of payments experience and a proven track record working within Asia’s tech and financial services sector, including at JP Morgan, NTT Data, and CIMB, a leading ASEAN universal bank.

APACS 98
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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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Klarna BNPL integrates with Apple Pay

Finextra

Klarna buy now, pay leter credit is now available to users checking out on Apple Pay online and in apps with an iPhone and iPad.

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More People Than Ever Choose Zelle with Nearly Half a Trillion Dollars Sent in First Half of 2024

Fintech Finance

Early Warning Services , LLC., the network operator of Zelle® , today announced that the person-to-person payments network helped 143 million consumers and small businesses move nearly half a trillion dollars — $481 billion, up 28% year-over-year in the first half of 2024. Transaction volume on Zelle increased by 27% year-over-year to over 1.7 billion transactions sent by individuals and small businesses across the network.

Zelle 97
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MuchBetter to offer free payment rings to UK consumers

Finextra

Wearable payments outfit MuchBetter is to offer free contactless ceramic payment rings to everyone in the UK.

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Thunes Expands its Direct Global Network into Egypt

Fintech Finance

Thunes , the Smart Superhighway to move money around the world, today announced a major expansion of its Direct Global Network into Egypt. This expansion brings mobile wallet and bank account payment capabilities to Thunes’ Pay solutions, enhancing the company’s cross-border payment services in one of the Middle East and North Africa’s most dynamic markets.

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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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Data Privacy Challenges in Cryptocurrency Transactions

Fintech Weekly

Is adopting cryptocurrency as payment your next stop? Lets help you learn more about the potential challenges in data privacy in cryptocurrency transactions.

Privacy 78
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Paymentology Launches Report on the Future of Cross-Border Money Movement in Collaboration with Fincog

Fintech Finance

Paymentology , the leading global issuer processor, today announces the launch of its latest industry report, The Remittance Revolution: How to Win in Cross-Border Money Movement, developed in collaboration with renowned financial consultancy Fincog. The remittance industry, which facilitates the transfer of funds between countries, is currently undergoing a transformation.

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The Growing Concern over Account Takeovers and Why the Financial Industry Needs More Tools

Fintech Weekly

Account takeover (ATO) attacks which are unauthorized access and control over a user's account, have led to massive financial fraud over the past few years.

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BPC and Arkwright Consulting Report Reveals that Challenger Processors are Growing at Four Times the Rate of the Overall Card Processing Market

Fintech Finance

BPC , a global leader in payment solutions, has released a comprehensive report in collaboration with Arkwright Consulting, detailing the evolution of the card processing market, the ecosystem involved in facilitating and managing card-based transactions, such as credit, debit, and prepaid card payments “ Next-Generation Card Processing ” highlights the trends reshaping the card processing industry and the rapid rise of challenger processors.

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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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Discover discloses SEC accounting criticism

Payments Dive

The federal agency disagrees with the way the card network is allocating card misclassification charges, Discover said in its third-quarter earnings report.

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Worldline Launches “Bank Transfer by Worldline”, a New Account-to-Account Payment Method in 14 European Countries by End of 2024

Fintech Finance

Worldline [Euronext: WLN], a global leader in payment services, today announces the launch of its account-to-account payment method named “Bank Transfer by Worldline”. The solution enables retailers to accept payments and completes the existing payment options offered to merchants. It also effectively addresses specific payment scenarios that traditional methods typically cannot accommodate, including invoices and high-value transactions.

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Stripe in talks to acquire stablecoin platform Bridge

Finextra

Payment firm Stripe is reportedy in advance talks to acquire stablecoin platform Bridge, according to sources cited by Bloomberg.

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Swift to introduce AI-enabled fraud defence

The Paypers

Swift has announced its plans to introduce a new AI-enabled fraud detection to support the global payments sector in mitigating fraudulent activities.

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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