Fiserv to leverage artificial intelligence to help merchants
Payments Dive
JULY 24, 2024
The payments behemoth says its data team will use AI to mine transactions on its products to help merchants and financial institutions profit.
Wed.Jul 24, 2024
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Future of Payments – Part 2
Open Banking Excellence
JULY 24, 2024
17th September 2024 Live Event Linkedin Twitter Future of Payments Payments is the largest sector in FinTech bringing with it high levels of innovation, disruption and even controversy. We have speakers from Revolut, Payji, APEXX Global and Ashfords covering future trends in payments. Come along to hear about propective developments and perhaps provide your own views and insight.
Former LSEG Exec David Runacres Joins Broadridge as APAC President
Fintech News
JULY 24, 2024
Broadridge Financial Solutions has named David Runacres as President of its Asia-Pacific (APAC) operations. Based in Tokyo, Runacres will oversee the company’s regional activities and also serve as Senior Country Officer for Japan, a key market for Broadridge ‘s growth strategy. Runacres comes from the London Stock Exchange Group (LSEG), where he led the Japan division for 12 years.
Attend the Payment Industry Event of the Year
PCI Security Standards
JULY 24, 2024
Prepare to immerse yourself in a world of innovation and expertise as the PCI SSC Community Meetings unite the foremost thinkers in payment security. Welcoming individuals from all corners of the payments industry, we invite anyone in the payment space to register and seize the chance to explore cutting-edge advancements, exchange insights, and enhance their understanding of global payment security.
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.
HSBC Australia to Block Payments to Crypto Exchanges from July 2024
Fintech News
JULY 24, 2024
HSBC Australia will automatically block all payments to cryptocurrency exchanges, starting in July 2024. According to HSBC Australia, this is a part of a new policy aimed at protecting its customers from fraud and scams. This measure means any attempt to transact with these exchanges using HSBC accounts or cards will be blocked, and the funds will remain in the customer’s account.
Fintech in Emerging Markets: Opportunities and Challenges
Fintech Review
JULY 24, 2024
In emerging markets, fintech is profoundly transforming financial services. These markets, often characterised by underdeveloped financial infrastructure , benefit significantly from fintech innovations. This article delves into how fintech is reshaping financial services in these regions. We will explore success stories, the pivotal role of mobile money , and the unique challenges faced.
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Neuro-symbolic AI: AI with reasoning
Finextra
JULY 24, 2024
Neuro-symbolic AI is a unique form of artificial intelligence that combines the strengths of neural.
Strengthening Financial Resilience: Huawei’s Role in the Future of Finance
Fintech News
JULY 24, 2024
The financial sector is on the edge of a major transformation powered by continuous technological advancements. At the recent Huawei HiFS Frontier Forum 2024 in Shenzhen, industry leaders discussed how cloud, network, storage, and computing infrastructures can strengthen financial systems’ resilience. The forum’s theme, “ Boost Resilience, Reshaping Smarter Finance Together ,” encapsulates the industry’s collective ambition to navigate the challenges of an uncertain
Trescon Unveils Three Startup Finalists in FutureTech World Cup at Dubai AI & Web3 Festival
The Fintech Times
JULY 24, 2024
The ‘FutureTech World Cup’, a new initiative launched by Dubai AI & Web3 Festival and Trescon to recognise and support emerging tech startups, is now underway. On 10 July 2024, ten pre-qualified startups from across the globe pitched ideas to a panel of five jury members at the Dubai AI Campus. Three startups – Momint , Nettle and Orbii – advanced to the grand finale, set to take place on 11 to 12 September 2024, during the Dubai AI & Web3 Festival.
Fintechs Worldwide Can Now Apply for InvestHK’s Expanded Global Fast Track 2024
Fintech News
JULY 24, 2024
Invest Hong Kong (InvestHK) has opened applications for the 7th edition of its fintech accelerator Global Fast Track (GFT) 2024 , accepting submissions until 20 September. The programme invites fintech companies from both local and international markets to pitch their ideas on global platforms, offering mentorship and business matchmaking to help unlock their potential.
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
NAB and Plenti Switch on PayTo Solution Powered by Global Fintech Banked for Personal Loan Customers
Fintech Finance
JULY 24, 2024
Customers of fintech lender Plenti now have a new way to make additional loan repayments, made possible with National Australia Bank’s (NAB) Pay by Bank solution, which enables PayTo transactions. This innovative technology, developed by global fintech Banked in partnership with NAB, enables fast and secure payments straight from a user’s bank account.
DBS and Deloitte Launch Sustainability Accelerator Tool for Singapore SMEs
Fintech News
JULY 24, 2024
DBS and Deloitte have introduced the Sustainability Accelerator Tool , designed to assist small and medium-sized enterprises (SMEs) in Singapore in evaluating their sustainability maturity levels. This tool provides industry-specific recommendations, enabling companies to better identify and address gaps in their sustainability journeys more effectively.
Papaya Global Launches Innovative Payroll and Payments Academy to Educate and Expand the Worldwide Payroll Community
Fintech Finance
JULY 24, 2024
Papaya Global , the workforce payments fintech, has announced the launch of Papaya Global Academy, an industry-first video series comprised of more than 85 lessons designed to invite people and organizations to be more strategic about payroll. Now available on Papaya’s website, the free, ungated curriculum provides an accessible way for payments and payroll professionals to enhance their skills and knowledge, while driving greater value for their companies.
A Lender’s Mistake: Why Do Lenders Fail in India
Fintech News
JULY 24, 2024
India looks lucrative for consumer lending startups. It is the most densely populated country in the world (more than 1.4 billion people) with still very low financial services penetration, e.g. unsecured loans account for only 5% of GDP. In India, it is possible to start lending without obtaining a banking licence, all you need is to get a non-banking finance company licence.
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.
McLaren Formula 1 Team Joins Forces with Mastercard
Fintech Finance
JULY 24, 2024
McLaren Racing and Mastercard have joined forces in a multi-year deal that will see the global payments leader become a major sponsor of the McLaren Formula 1 Team. The deal marks the coming together of two preeminent brands known for their focus on innovation and for setting the standard in offering incredible experiences that bring people closer to their passions as well as each other.
Sygnum Achieves Profitability, Sets Sights on Europe and Asia Expansion
Fintech News
JULY 24, 2024
Sygnum, a global digital asset banking group, has announced a profitable first half of 2024, driven by significant growth in various sectors of its business. The company, which manages approximately US$4.5 billion in client assets, experienced two-fold increase in crypto spot trading volumes and a 500% rise in crypto derivatives trading, as well as a significant rise in loan volumes, exceeding 360% year-to-date.
PayU GPO appoints Simona Covaliu as Chief Risk Officer
Fintech Finance
JULY 24, 2024
PayU GPO , the leading online payment service provider operating in over 50+ emerging markets, today announces the appointment of Simona Covaliu as Chief Risk Officer. Covaliu brings over 18 years of experience to the role, having worked at various global companies including Booking.com as Senior Risk Manager, Uber as Chief Risk and Compliance Officer, and Mambu as VP of Risk and Compliance.
MoneyHero CEO Calls 80 Job Cuts ‘Unfortunate But Necessary’ for Growth
Fintech News
JULY 24, 2024
Singapore-based fintech firm MoneyHero Group is cutting 80 jobs as part of a cost-saving and restructuring initiative, The Business Times has learned. MoneyHero, which operates popular platforms Seedly and SingSaver, attributed the layoffs to a strategic realignment aimed at enhancing long-term financial health and profitability. Rohith Murthy CEO Rohith Murthy emphasized in an email to staff that the decision was “unfortunate but necessary” and not performance-based.
15 Modern Use Cases for Enterprise Business Intelligence
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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?
Fortis Acquires MerchantE’s NetSuite Division, Continuing a 20-Year Legacy
Fintech Finance
JULY 24, 2024
Payments technology leader for software providers, ERP customers, and scaling businesses, Fortis acquires MerchantE’s NetSuite payments division, marking a significant milestone in the evolution of embedded payment solutions. This strategic addition will help customers enhance the efficiency of their payment operations and accelerate the deployment of new, embedded financial and commerce enabling services.
SME Cross-Border Payments: User Reality vs Industry Fallacy
The Payments Association
JULY 24, 2024
Cross-border payments, the lifeblood of global commerce, are also an Achilles heel for the majority of economies globally – both emerging and developed. This vulnerability is no better exemplified than by the failure of the finance and payments industry to resolve the challenges of its most underappreciated and undervalued segment: SMEs. Our latest white paper, User Reality vs.
Fourteen Teams Have Been Chosen to Participate With the Bank of Israel in the “Digital Shekel Challenge”
Fintech Finance
JULY 24, 2024
On May 28, 2024, the Bank of Israel announced the “Digital Shekel Challenge” – an experiment inspired by “Project Rosalind”[1] carried out by the BIS Innovation Hub. In the Digital Shekel Challenge, the Bank of Israel invited teams from the private sector, the public sector, and academia to study the potential development of uses of a digital shekel system.
Shaping the future of communication: Key Insights from Mitto’s 2024 consumer preferences survey
The Payments Association
JULY 24, 2024
In a rapidly evolving digital landscape, understanding consumer preferences is crucial for staying ahead. Mitto's latest Consumer Communication Preferences Report offers invaluable insights into how consumers want to interact with businesses. The report highlights the growing demand for personalized, real-time communication across multiple channels, including SMS, WhatsApp, and more.
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
Papaya Global and Cegid Announce Partnership
Fintech Finance
JULY 24, 2024
Papaya Global , the ultimate workforce payroll and payments platform, and Cegid , a European leader in cloud management solutions for professionals in the finance (treasury, tax, ERP), human resources (payroll, talent management), accountancy, retail and entrepreneurship sectors, today announced their partnership offering clients a holistic solution for hiring, managing, and paying their global workforce.
Addressing APP Fraud: Introducing FinCrime Dynamics’ APP fraud testing
The Payments Association
JULY 24, 2024
With the impending regulatory changes mandating APP fraud reimbursement, financial institutions must act swiftly and decisively to enhance their fraud defences. FinCrime Dynamics’ APP fraud testing SaaS service is a critical resource in this endeavour. By identifying control vulnerabilities, quantifying potential losses, benchmarking performance, and improving controls, institutions can significantly reduce their exposure to APP fraud.
Carl Slabicki Named Chairperson of U.S. Faster Payments Council Board of Directors
Fintech Finance
JULY 24, 2024
The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, is pleased to announce that Carl Slabicki, Executive Platform Owner of Treasury Services at BNY, has been named the new Chairperson of the FPC Board of Directors. Carl succeeds Michael Bilski, CEO of North American Banking Company, who has served as Board Chairperson since 2019.
New analysis on the market impact of stablecoins from The Centre of Economics and Business research and BVNK
The Payments Association
JULY 24, 2024
BVNK and The Centre for Economics & Business Research (Cebr) have released new analysis on the market impact of stablecoins on the 10th anniversary of this digital currency. “The decade of digital dollars” report shows for the first time the quantitative link between increasing stablecoin use and economic impact, and features commentary from industry leaders: Circle, Visa, Chainalysis, and First Digital.
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.
FAB and Visa Partner to Expand Cross-Border Payments Through Visa B2B Connect
Fintech Finance
JULY 24, 2024
Visa, the world leader in digital payments, today announced a significant partnership with First Abu Dhabi Bank (FAB) , the largest bank in the United Arab Emirates, to expand the Visa B2B Connect network in the region. The collaboration aims to enhance corporate cross-border payments, allowing businesses in the UAE to conduct secure and efficient transactions worldwide.
UK neobanks set to outpace incumbents in mobile arms race
Finextra
JULY 24, 2024
UK neobank app users are on track to surpass legacy banks for the first time by Q1 2025, according to research conducted on the Google Play Store by SplitMetrics.
Experian Digital Launches to Help NZ Banks Clarify Cryptic Transaction Descriptions
Fintech Finance
JULY 24, 2024
Experian, the global information services company, has announced the launch of two Experian Digital solutions in New Zealand, to help kiwi banks to innovate their customer banking experience by tackling the challenge of confusing transaction descriptions on bank statements. The technology, which replaces cryptic transaction descriptions in digital banking apps and banks statements, with recognisable merchant information, such as brand names and logos, has become common place in banking apps thro
Capital One, Discover plan integration, await merger approval
Bank Automation
JULY 24, 2024
During the second quarter, Capital One continued to plan for its acquisition of Discover Financial Services as it awaits approval from the Federal Reserve.
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
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