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The excitement is building as we get closer to this year’s Europe Community Meeting ! To add to the anticipation, we’re giving you a sneak peek of some of the amazing sessions that will be featured in Barcelona, 8-10 October. Don't pass up the chance to collaborate and gain knowledge into the latest developments in payment security. The PCI SSC Community Meetings are open to all in the payments industry.
The State Bank of Vietnam (SBV) has recently alerted the public about a series of phishing scams involving imposters posing as the central bank. Fraudsters are impersonating the SBV via email, attempting to trick individuals into clicking on phishing links under the guise of updating their biometric information for banking purposes. These deceptive emails often cite the SBV’s Decision No. 2345/QD-NHNN to appear legitimate and urge recipients to update their information before 30 August 2024.
The federal agency surveyed major retailers and was concerned to find three retailers impose $90 million in fees annually when consumers ask for cash back with a debit or prepaid card purchase.
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.
Thailand Post is positioning itself to join the virtual banking licensing race following approval from its board, according to a report by the Bangkok Post. The state-owned logistics provider plans to leverage its nationwide network to capitalise on this emerging sector, with two potential strategies in mind: joining a consortium applying for a Bank of Thailand virtual bank license or operating as a neutral banking agent for multiple virtual banks.
Banking Circle S.A., the innovative, tech-driven payments bank, announces the launch of EURI, a bank-backed stablecoin, compliant with the Markets in Crypto Assets Regulation (MiCA). The launch of EURI follows the implementation of the first phase of the MiCA regulation which applies to asset referenced tokens and e-money tokens from the 30 June 2024.
Payments giant Visa and global neobank Revolut have announced a global partnership aimed at simplifying international payments for businesses. This collaboration introduces instant card transfers for Revolut Business customers through Visa Direct, a real-time payment network. By eliminating the usual complexities of cross-border payments, such as delays and high fees, this service allows businesses to send money globally using just a card number, with funds reaching the recipient within 30 minut
Payments giant Visa and global neobank Revolut have announced a global partnership aimed at simplifying international payments for businesses. This collaboration introduces instant card transfers for Revolut Business customers through Visa Direct, a real-time payment network. By eliminating the usual complexities of cross-border payments, such as delays and high fees, this service allows businesses to send money globally using just a card number, with funds reaching the recipient within 30 minut
The compliance road has been full of twists and turns this year. Hopefully, most of us can now shift our focus to all the things we’ve left on the back burner for months. For the majority of us, that’s driving revenue. I know I’ve written a lot about compliance this year, and for many, it’s been a companywide effort to cross that finish line. With just four months left in 2024, we are all looking ahead to ways to increase volume during this last quarter of the year.
Zühlke, a Swiss-based IT services firm, has appointed Ravi Patel as the Head of Financial Services for Southeast Asia. Based in Singapore, Patel will oversee market strategy and portfolio development at Zühlke , aiming to drive growth in the region’s financial services sector. With over 20 years of industry experience, Patel has collaborated with a diverse range of organisations, including major financial institutions, startups, tech companies and non-profits.
Blockchain technology has revolutionised numerous industries by providing decentralised, secure, and transparent systems. However, one of the significant challenges it faces is interoperability between different blockchain networks. Cross-chain interoperability aims to address this issue, enabling seamless communication and transactions across various blockchain platforms.
Silverlake Axis announced on 26 August that it plans to go private through a buyout offer of 36 cents per share, according to The Edge Singapore. This cash offer represents a 28.1% premium over the volume-weighted average price (VWAP) for the one-month period leading up to 23 August. Additionally, the offer provides premiums of 25%, 31.9%, and 31.9% over the three-month, six-month, and 12-month VWAPs, respectively.
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
Thera, a leading payroll and payments platform, has announced that it has raised a $4 million Seed round with participation from Y Combinator, 10x Founders, Amino Capital, Zillionize, and Bayhouse Capital.
In June 2024, a prominent software-as-a-service (SaaS) solution provider for automotive dealerships faced two severe cyber attacks. These incidents disrupted operations for approximately 15,000 car dealerships that rely on the solution for various operations, including sales, customer relationship management (CRM), back office administration, billing, financing, inventory management, service, and support.
MoneyGram International, Inc. (“MoneyGram” or the “Company”), a leading global financial technology company that connects the world’s communities, today announced the appointment of Josh Gordon-Blake as Chief Digital Officer.
Fintech Conotoxia introduces cards for its business customers – with a new image. Companies can order multi-currency cards, which can be used to pay in more than 160 currencies worldwide and make payments in 23 without currency conversion. Business cards from global fintech Conotoxial are used for payments at home, online and abroad. They constitute support in controlling the company’s and its employees’ expenses.
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.
Yuno , the world’s leading global payment orchestrator, proudly announces the appointment of Jonathan Summerton as its new SVP of Enterprise Commerce, marking a significant step in its ongoing expansion across the United States (U.S.). Under the leadership of Carol Grunberg, Yuno’s Chief Business Officer, Jonathan Summerton will advance the company’s commitment to revolutionizing global cross-border commerce, expanding their already impressive presence in over 80 countries.
PayPoint and Teya are delighted to announce its partnership which has led to the launch of a new service for Teya Business Account holders at PayPoint stores nationwide. Teya customers can now access a convenient cash payment service where they can add funds directly into their business accounts at over 29,000 PayPoint stores across the UK. The process is quick and initiated via the Teya App where customers can put cash for a specified amount, by generating a unique barcode.
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?
Introduction In today's fast-paced business world, the ability to extract relevant and accurate data from diverse sources is crucial for informed decision-making, process optimization, and strategic planning. Whether it's analyzing customer feedback, extracting key information from legal documents, or parsing web content, efficient data extraction can provide valuable insights and streamline operations.
ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, and Mexipay , a leading Mexican financial technology company, have announced the extension of their partnership to enhance Mexico’s real-time payments ecosystem, with the aim of driving instant payments adoption and boosting economic growth and financial inclusion for Mexico’s businesses and consumers.
DNA Payments , one of the largest independent, fully vertically integrated omnichannel payment companies in the UK and EU, has made an important appointment to further bolster its finance and senior leadership teams. Preete Janda has joined its board as chief financial officer following a recruitment process led by finance recruitment specialist Headstar.
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
With fraud losses estimated to cost global businesses billions annually, the need for effective fraud prevention strategies has never been more critical. On August 21, industry experts and peers gathered for a webinar co-hosted by SEON and the Merchant Risk Council , a global membership organization that focuses on eCommerce fraud prevention, payments optimization and risk management.
Adyen (ADYEN:AMS) has announced that Tom Adams will join Adyen as Chief Technology Officer (CTO). Adams will be succeeding Alexander Matthey, who after a decade of building Adyen will conclude his tenure later this year. “As we look at the opportunity ahead, we find ourselves in a key position to solve for the continued complexity that we see in the payments landscape,” says Pieter van der Does, Co-Founder and Co-CEO of Adyen.
MoneyGram International, Inc. (“MoneyGram” or the “Company”), a leading global financial technology company that connects the world’s communities, today announced the appointment of Josh Gordon-Blake as Chief Digital Officer. As the Company’s digital business surges, Gordon-Blake joins to amplify momentum, spearheading digital strategy with a focus on the growth and global expansion of MoneyGram Online (“MGO”).
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.
IDEX Biometrics has reached an important milestone for IDEX Pay by successfully passing Visa’s certification using Visa’s latest VBSS(*) biometric payment application. The IDEX Pay biometric solution includes the IDEX Biometrics proprietary card operating system and latest technology fingerprint sensor with Infineon’s high performing SLC38 secure element.
Bank of Montreal is deploying AI to improve customer experience and grow digital sales of its products to gain market share. In its third fiscal quarter of 2024, which ended June 30, BMO reported that nearly 3 million AI-enabled customer interactions were performed by its AI-driven chatbot, BMO Assist, according to its Aug.
Visa , a world leader in digital payments, has collaborated with Revolut, the global financial app with more than 45 million retail customers and hundreds of thousands of business customers worldwide, to enable Instant Card Transfers for Revolut Business customers. International transfers for businesses have traditionally come with a list of requirements that can differ per country, from expensive transfer fees and a time lag of several days to the need for specific information such as IBAN and
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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