Fri.May 02, 2025

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Zelle service unavailable for many users after Fiserv tech glitch

Payments Dive

The P2P payments experienced technical troubles Friday as Fiserv cited an "internal issue" that disrupted its service.

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Acquired.com Co-funds New Independent Operator and Launches Game Changing Solution to Accelerate the Adoption of Variable Recurring Payments Across the UK

Fintech Finance

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

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Apple violated app payments injunction, judge rules

Payments Dive

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.

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Dream Payments Launches Interac e-Transfer® Payouts Across Canada

Fintech Finance

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.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

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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Green Dot, Crypto.com partner for banking services

Payments Dive

Crypto.com has collaborated with other mainstream financial firms like Visa and FIS to offer its digital currency customers more services.

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Firms agree to fund efforts to create new company to deliver the initial phase of work for commercial variable recurring payments  

Open Banking

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.

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FCA plans ban on buying crypto on credit

Finextra

The UK's Financial Conduct Authority is exploring whether to ban Brits from using credit to buy cryptoassets.

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Global Fintech Forum 2025: Starting UK Fintech Week with a Bang

The Fintech Times

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.

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Rain and Visa Partner to Accelerate Onchain Credit Cards

Fintech Finance

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.

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Finovate Global: Meet the International Alums of FinovateSpring 2025

Finovate

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.

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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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Block Bets on lending, AI to rebound after Q1 profit slump

Bank Automation

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.

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We don’t know who’s leading the fight against scams. That’s the problem.

BioCatch

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.

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Klarna Hits 11 Million UK Customers as UK Revenue Soars 30% in Breakout 2024

Fintech Finance

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.

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Citi hires former US trade representative Robert Lighthizer to advise on tariff implications

Finextra

Citigroup has hired Robert Lighthizer, former US Trade Representative, as a senior advisor on global trade.

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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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Online banks lead FIs in customer satisfaction

Bank Automation

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.

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IFGS 2025: Is it time for wealthtech to take the stage?

Finextra

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.

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Senator Warren urges Fed to reconsider Capital One deal for Discover

Bank Automation

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.

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IFGS 2025: How can the UK become a world leader in fintech?

Finextra

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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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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The Fintech Times-Dubai Fintech Summit 2024 Special Edition

The Fintech Times

The post The Fintech Times-Dubai Fintech Summit 2024 Special Edition appeared first on The Fintech Times.

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The final countdown: What’s next for Verification of Payee?

Finextra

Verification of Payee (VOP) is around the corner. Are organisations ready?

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BPC Aims to Help Banks Turn ISO 20022 Compliance Into a Strategic Advantage With New Guide

The Fintech Times

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.

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Tandem launches digital platform for Second Charge mortgages

The Paypers

Tandem Bank has launched a new digital platform, Connect by Tandem, aimed at streamlining processes in the Second Charge mortgage sector.

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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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Volt and Shopify Launch One-Click PayTo Checkout for Merchants in Australia

The Fintech Times

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

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Fuze raises $12.2m for digital asset infrastructure in Mena and Turkey

Finextra

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).

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FIS launches the new edition of its Treasury and Risk Manager solution

The Paypers

FIS has launched its NextGen enterprise treasury platform, Treasury and Risk Manager – Quantum Cloud Edition.

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Rain partners Visa for onchain credit cards

Finextra

Rain, a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa.

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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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DailyPay Expands Into Canada to Help Local Workforce Drive Down Late Fees on Bills

The Fintech Times

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.

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Dream Payments launches Interac e-Transfer payouts across Canada

Finextra

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.

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UK aligns with US in drafting new crypto regulation

The Paypers

The UK government has decided to move forward with draft legislation that will bring cryptocurrency firms under formal financial regulation.

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IFGS 2025: National Payments Vision—the road ahead for an agile, future-ready payments ecosystem

Finextra

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.

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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