Zelle service unavailable for many users after Fiserv tech glitch
Payments Dive
MAY 2, 2025
The P2P payments experienced technical troubles Friday as Fiserv cited an "internal issue" that disrupted its service.
Payments Dive
MAY 2, 2025
The P2P payments experienced technical troubles Friday as Fiserv cited an "internal issue" that disrupted its service.
Fintech Finance
MAY 2, 2025
Acquired.com , the next generation payments business powering recurring commerce, today announces its participation as a founding member of a landmark industry initiative to fund the creation of a new independent operator dedicated to advancing Commercial Variable Recurring Payments (cVRPs), coordinated by Open Banking Limited. Co-funded by Acquired.com alongside 30 prominent organisations including major fintechs, high street banks, challenger banks, and payment providers, this initiative repre
Payments Dive
MAY 2, 2025
The tech giant schemed to limit competition and protect its payment revenues from app developers despite the court’s 2021 order, a federal judge said.
Fintech Finance
MAY 2, 2025
Dream Payments has announced the launch of Interac e-Transfer payouts across its embedded payments platform, DreamPay — enabling real-time disbursements for participating banks, insurers, enterprises, and SaaS platforms across Canada. This launch will allow organizations to instantly deliver funds to individuals or businesses using only an email address or mobile phone number, without the need to collect sensitive banking information.
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.
Payments Dive
MAY 2, 2025
Crypto.com has collaborated with other mainstream financial firms like Visa and FIS to offer its digital currency customers more services.
Open Banking
MAY 2, 2025
The industry has risen to the challenge that the government set at the end of 2024 calling for industry partners to play their role in supporting the effective and timely delivery of commercial variable payments (cVRPs). 31 organisations – including fintechs, high street banks, challenger banks and payment providers – have agreed to fund efforts to create an independent operator to take forward work with industry on commercial variable recurring payments.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Finextra
MAY 2, 2025
The UK's Financial Conduct Authority is exploring whether to ban Brits from using credit to buy cryptoassets.
The Fintech Times
MAY 2, 2025
The Global Fintech Forum 2025 opened UK Fintech Week with a clear signal of strategic intent, that it intends to hold on to its prime position globally. Hosted at the I nstitute of Directors by the Department for Business and Trade , alongside HM Treasury and the Office for Investment, the event gathered international investors, government officials, fintech founders and trade envoys to reaffirm the UKs ambition to lead on the global fintech stage.
Fintech Finance
MAY 2, 2025
Rain , a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa. Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year.
Finovate
MAY 2, 2025
If our European fintech conference, FinovateEurope, is our most international event, then FinovateSpring which kicks off next week in San Diego, May 7 through 9is our most homegrown. This year, for example, only three of the 40+ companies that will be demoing their innovations live on stage are headquartered outside the United States. This week’s edition of Finovate Global leads off with an introduction to these three fintechs.
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
Bank Automation
MAY 2, 2025
Despite a steep decline in net income during the first quarter, Block anticipates the second half of 2025 to generate gains, driven by product expansion. Block reported $190 million in net income in Q1, a 90.2% decrease from the previous quarter and a 50.7% drop from Q1 2024, which founder and Chief Executive Jack Dorsey […] The post Block Bets on lending, AI to rebound after Q1 profit slump appeared first on Bank Automation News.
BioCatch
MAY 2, 2025
In 2024, scammers and cybercriminals inflicted devastating losses on American consumers, stealing an unprecedented $16.6 billion, a 33% increase from the previous year. According to the FBIs Internet Crime Complaint Center (IC3), nearly 860,000 complaints were filed concerning scams, fraud, and other internet crimes. Especially alarming was the impact on elderly Americans, who submitted 147,127 complaints resulting in $4.8 billion in losses.
Fintech Finance
MAY 2, 2025
Klarna , the AI-powered payments and commerce network, crossed 11 million active customers and has doubled its merchant base in a year to 60,000, launching with names like Argos, eBay, Eurostar and John Lewis. The UK is now Klarna’s third-biggest market globally, with revenue up 30% in 2024 alone. It’s a major moment for the Swedish fintech giant as it cements its place in the British retail scene.
Finextra
MAY 2, 2025
Citigroup has hired Robert Lighthizer, former US Trade Representative, as a senior advisor on global trade.
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.
Bank Automation
MAY 2, 2025
Despite having no branches, direct banks are delivering superior digital experiences and stronger support to their customers especially during challenging times. In fact, overall customer satisfaction with direct bank checking accounts is 692 on a 1,000-point scale, giving direct bank accounts a 24-point edge over the average regional bank and a 35-point higher satisfaction […] The post Online banks lead FIs in customer satisfaction appeared first on Bank Automation News.
Finextra
MAY 2, 2025
At IFGS 2025, the panel discussion The great wealth transfer: wealthtechs time to shine focused on the evolving nature of wealth management, and how digitalisation, personalisation, and creative partnerships are key to scale up wealthtechs.
Bank Automation
MAY 2, 2025
The top Democrats on congressional banking committees called on the Federal Reserve to reconsider its decision to approve Capital One Financial Corp.s purchase of Discover Financial Services, saying it would inflict serious harm on consumers and the banking system. The decision sounds like the Fed had predetermined it was going to approve the transaction and […] The post Senator Warren urges Fed to reconsider Capital One deal for Discover appeared first on Bank Automation News.
Finextra
MAY 2, 2025
In two expert panels at IFGS 2025, speakers considered how geopolitical tensions are impacting the global fintech industry, and strategised how the UK can lead the space.
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The Fintech Times
MAY 2, 2025
The post The Fintech Times-Dubai Fintech Summit 2024 Special Edition appeared first on The Fintech Times.
Finextra
MAY 2, 2025
Verification of Payee (VOP) is around the corner. Are organisations ready?
The Fintech Times
MAY 2, 2025
With the deadline for mandatory global migration set for November 2025, banks worldwide are under increasing pressure to modernise their payment infrastructures, BPC , the payment solutions provider, reveals in a new white paper. In its latest white paper, ‘ ISO 20022 Migration 101: Steps and Strategies for Banks ‘, BPC offers a guide tonavigating one of the most critical transitions in the global financial ecosystem: the shift to ISO 20022 messaging standards.
The Paypers
MAY 2, 2025
Tandem Bank has launched a new digital platform, Connect by Tandem, aimed at streamlining processes in the Second Charge mortgage sector.
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
The Fintech Times
MAY 2, 2025
Volt , the global real-time payments platform, is expanding its services to the Australian market in partnership with e-commerce giant Shopify. By teaming up with Shopify, Volt is aiming to enable Australian Shopify merchants to offer local consumers a one-click checkout experience, powered by digital payment solution PayTo. Volt, which specialises in integrating domestic real-time payment schemes into its global network, has been an approved Shopify partner since 2023, when its Pay by Bank offe
Finextra
MAY 2, 2025
Fuze, the Middle East and Turkeys fastest growing digital assets infrastructure firm, announced the successful completion of a $12.2 million Series A funding round led by Galaxy (TSX: GLXY), a global leader in digital assets and data center infrastructure, and e& capital, the venture capital and investment arm of global technology group e& (ADX: EAND).
The Paypers
MAY 2, 2025
FIS has launched its NextGen enterprise treasury platform, Treasury and Risk Manager – Quantum Cloud Edition.
Finextra
MAY 2, 2025
Rain, a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa.
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
MAY 2, 2025
As DailyPay , a worktech company and provider of On-Demand Pay, continues its global expansion, it is launching its platform in Canada. Representing its second international expansion, after DailyPay expanded to the UK in September 2024, the company is now making its On-Demand Pay solution available to new and existing clients with operations in Canada.
Finextra
MAY 2, 2025
Dream Payments has announced the launch of Interac e-Transfer payouts across its embedded payments platform, DreamPay enabling real-time disbursements for participating banks, insurers, enterprises, and SaaS platforms across Canada.
The Paypers
MAY 2, 2025
The UK government has decided to move forward with draft legislation that will bring cryptocurrency firms under formal financial regulation.
Finextra
MAY 2, 2025
Building a framework and infrastructure for a world-leading payments ecosystem is critical for the UK's continued leadership in financial services. The question How can we ensure innovation, competition and high security standards? was answered by industry experts at IFGS 2025.
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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