Mon.Feb 24, 2025

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Nexi and Klarna Partner to Boost Merchant Growth

Fintech Finance

Nexi, the European PayTech, serving millions of merchants in more than 25 countries, and Klarna, the AI-powered payments and commerce network, have expanded their relationship into a global partnership. Nexi will enable its merchant customers across Europe to seamlessly offer Klarna’s payment method to their shoppers. Klarna will be automatically enabled as a default option in the Nexi check-out offering, allowing merchants to drive incremental revenue growth thanks to the added-value and

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Grab Exec Worachat Luxkanalode Appointed as 2C2P’s New CEO

Fintech News

Ant International has appointed fintech executive Worachat Luxkanalode as the new CEO of Southeast Asian payments company 2C2P, with his tenure set to begin in April 2025, pending regulatory approval. He takes over from founder and current CEO Aung Kyaw Moe, who is stepping down after 22 years to pursue personal projects. Worachat, currently the Managing Director of Grab Thailand, brings extensive experience in financial services and digital banking.

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MeaWallet Partners with Backbase to Deliver Advanced Tokenization Solutions in Australia and New Zealand

Fintech Finance

MeaWallet , a leader in tokenization and digital payment solutions, announces its partnership with Backbase , the creator of the Engagement Banking Platform. This collaboration aims to deliver innovative tokenization solutions to issuers and fintechs across the Australian and New Zealand markets. The partnership will feature two groundbreaking solutions: Mea Push Provisioning and Mea Card Data.

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Revolut: Women Investors Outperform Men by 4% in 2024 as Investment Gap Closes

The Fintech Times

Women’s investments outperformed men’s by four per cent in 2024, according to Revolut data from its trading customers. New data from Revolut hints towards the beginning of a power shift as women investors saw significantly better returns than men in 2024. While trends like ‘girl math’ started as a bit of lighthearted fun, there is a clear argument that they perpetuate negative stereotypes about young women’s spending and saving habits, as well as about their financi

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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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PPRO Announces Its Partnership With EPI to Enable Unified Payments for European Consumers Through Wero

Fintech Finance

PPRO , the leading local payments platform, has partnered with European Payments Initiative (EPI) to secure Principal Membership of Europes newest payment method, Wero. Through its Membership, PPRO will provide its customers with the most comprehensive route to access Wero via sponsored associate membership, payment facilitator access, or as a technical gateway.

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DBS CEO sees job cuts of 4,000 temp staff as AI replaces roles

Bank Automation

DBS Group Holdings Ltd. plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out by human beings. Southeast Asias largest lender has approximately 8,000 to 9,000 of such staff, according to Chief Executive Officer Piyush Gupta, replying to a […] The post DBS CEO sees job cuts of 4,000 temp staff as AI replaces roles appeared first on Bank Automation News.

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Yuno Expands Global Footprint With New Middle East HQ in Qatar

Fintech Finance

Yuno , the worlds leading payment orchestration platform, and Invest Qatar , the Investment Promotion Agency of Qatar, today announced a partnership that will accelerate Yunos expansion into the Middle East, with the establishment of a new regional headquarters in Qatar. This landmark moveunveiled at Web Summit Qatar 2025 aligns with Qatars Third National Development Strategy that aims to diversify the economy through the cultivation of innovative sectors such as FinTech and Yunos vision to driv

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BR-DGE Whitepaper Explores Payment Orchestration as a Tool for Merchant Agility

The Fintech Times

Merchants are increasingly adopting multi-acquirer payment systems to enhance their control over transactions, according to a new report. This strategy not only enables them to negotiate better terms but also provides a reliable safety net, ensuring their payment systems are robust and effective under a variety of operational scenarios. BR-DGE ‘s whitepaper, How to Keep Your Customers in a Multi-Acquirer World, suggests that payment orchestration streamlines the integration of various paym

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Outsmarting payment fraud for fleet & mobility

The Payments Association

Join our ‘o utsmarting payment fraud for fleet & mobility’ webinar (27 February, 12:30 GMT) /on-demand where Krista Rask, financial crime transformation lead, Enfuce, and Markus Kalela, senior customer success manager, Enfuce, tackle the unique fraud challenges in fleet & mobility payments, why shifting from a closed-loop payment system to an open-loop one changes the game and how you can stay ahead.

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At Risk of Losing Consumers: Acquired.com Reveals Impact of Expiring Cards on Businesses

The Fintech Times

UK retailers must look to adopt new technology allowing consumers to update card details seamlessly, or risk losing out on 4.3billion annually according to new research conducted by Opinium for Acquired.com , a payments business focused on recurring commerce. When a payment card expires for whatever reason (card expiration, loss or theft), customers are prompted to update their payment details.

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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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The Human Side of Transformation: Managing Change in Accounting Teams

FloQast

Transformation is a necessity that is hitting accounting teams worldwide. Accounting as a whole is going through: Department modernization Regulatory changes Evolving financial challenges Talent shortages Normally, the focus on transformation centers around the technical side of things, which I covered in the Accounting Department Transformation: A 2025 Blueprint.

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Mastercard Identifies How Digitisation is Impacting the UAE SME Sector

The Fintech Times

The UAE is committed to fostering an enabling environment for entrepreneurs and small businesses, and according to the latest Mastercard ‘SME Confidence Index’, it is succeeding, with 91 per cent of firms showing optimism about their business outlooks. The third iteration of the index shows that 90 per cent expect to earn similar or more revenue this year compared to last year.

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Nexi Becomes Wero Acquirer, in Partnership With Computop

Fintech Finance

Nexi Germany GmbH, part of leading European PayTech, Nexi Group has signed a contract with Wero operator EPI (European Payments Initiative). As a regulated payment service provider, Nexi now has the licence to connect merchants and service providers for Wero acceptance. Announced at the EuroCIS 2025 retail technology trade fair in Dsseldorf, Germany, Nexi plans to connect the first merchants in the third quarter of the year, shortly after the launch of Wero in German e-commerce in the middle of

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Affirm Partners With Shopify and Becomes Exclusive Pay-Over-Time Provider in US and Canada

The Fintech Times

Payment network Affirm has announced that it will continue to be the exclusive pay-over-time provider for Shop Pay Installments in the US following a partnership renewal with Shopify , in the internet infrastructure provider for commerce. The new partnership between Affirm and Shopify will also extend into Canada. This is only the beginning as the partnership looks to expand into new markets across the globe, with sights set on the UK.

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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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Financial Services Industry Struggling to Deliver Seamless Payment Experiences, New Research Reveals

Fintech Finance

Recent research has highlighted the state of payment experiences in the financial services industry, with the sector encountering substantial gaps that threaten customer satisfaction and loyalty. The Payment Experience Index , developed by payment solutions experts Access PaySuite , part of The Access Group, analysed 160 businesses across 16 sectors using TrustPilot data, calculating a Trust Discrepancy Score for each sector to highlight which are excelling and which are struggling to meet consu

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NetSuite Payment Methods: The Collection Tools That Actually Work

EBizCharge

NetSuite, a leading cloud-based business management software, supports various payment methods to cater to diverse business needs. From credit card payments to electronic funds transfers, knowing which methods to implement can significantly impact a companys financial health. This article will explore the payment methods available in NetSuite and the most effective collection tools they offer.

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Innovation for Tomorrow – In Conversation with J.K. Khalil at Mastercard

The Fintech Times

Qatar is on the fast track to becoming a global hub for commerce and technology, driven by ambitious goals set out in the Qatar National Vision 2030. As it gears up to host Web Summit Qatar 2025 at the Doha Exhibition and Convention Centre , the event is expected to be a major draw for industry leaders and startups, eager to tap into the burgeoning opportunities.

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DBS to Cut 4,000 Contract Jobs Via Attrition, Cites AI Challenges

Fintech News

DBS plans to reduce its temporary and contract workforce by about 4,000 over the next three years, according to CEO Piyush Gupta. The Singapore-based bank currently employs between 8,000 and 9,000 individuals in such roles. Piyush Gupta The workforce reduction, Piyush emphasised, will be gradual and occur through natural attrition as contracts expire, rather than through layoffs.

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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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2025: The Year of Transformation for the Merchant Payments Ecosystem

Fintech Finance

2025 is set to be a transformative year for the merchant payments ecosystem (mpe), driven by rapid advancements in technology, regulations, and shifting business models. mpe has gathered insights from leading experts to uncover the future of merchant payments. Nadia Bull Bernikova, VP Sales, Silverflow comments on Industry Challenges: “Merchants relying on legacy systems will struggle as new payment methods like Blik, Pix, and Wero, along with tokenisation, become critical.

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UK Government mulls abolishment of Payment Systems Regulator

Finextra

The UK Government is considering scrapping the Payments Systems Regulator and folding it into the Financial Conduct Authority.

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Will Global Payments sell its issuer business?

Payments Dive

Some analysts are pressing the processor to consider divesting the segment that caters to financial institutions, even as its merchant segment grapples with competition.

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DBS to shrink workforce by 10%

Finextra

Singapore's DBS Group expects to dispense with 4000 contract and temporary emloyees over the next three years as AI takes centre stage.

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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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CFPB drops case against SoLo Funds

Payments Dive

The bureau’s lawsuit against the online lending platform – filed during Rohit Chopra’s tenure – “was wrong” and “the weaponization of ‘consumer protection’ must end,” the CFPB’s Acting Director Russ Vought said.

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SEC drops Robinhood Crypto investigation

Finextra

Robinhood says the Securities and Exchange Commission is ditching its investigation into the trading app's crypto arm.

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Nium expands its real-time cross-border payments into Australia

The Paypers

Nium expands into Australia to offer a comprehensive real-time payments network and allow businesses to send payments internationally.

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Nexi to connect German merchants to EPI's Wero wallet

Finextra

Nexi is to begin connecting the first German merchants to the Wero wallet from the European Payments Initiative in the third quarter of this year, shortly after the launch of the bank-backed digital wallet for German e-commerce in the summer.

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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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CredAble Partners with Chekk to help Financial Institutions digitally and securely scale working capital programs worldwide with advanced KYC, KYB, Business Registries Access, and AML Solutions

Fintech Finance

Global working capital tech player, CredAble partners with Chekk , a leader in digital identity and Know Your Customer (KYC) solutions provider, to streamline the onboarding and compliance workflows of Financial Institutions (FIs) in regions like the APAC, MENA, and Europe. FIs globally are struggling to scale up working capital programs, due to manual verifications and data collections & verification processes.

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UK court approves $200m Mastercard settlement

Finextra

Mastercard's 200 million settlement of a class action lawsuit brought on behalf of British consumers has been given the the greenlight by the Competition Appeal Tribunal.

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Nexi and Klarna Partner to Boost Merchant Growth

Fintech Finance

Nexi, the European PayTech, serving millions of merchants in more than 25 countries, and Klarna, the AI-powered payments and commerce network, have expanded their relationship into a global partnership. Nexi will enable its merchant customers across Europe to seamlessly offer Klarna’s payment method to their shoppers. Klarna will be automatically enabled as a default option in the Nexi check-out offering, allowing merchants to drive incremental revenue growth thanks to the added-value and

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The AA opens for savings and loans with NatWest embedded finance partnership

Finextra

The Automoblie Association (AA) is to open savings and loan accounts for members and the wider market using embedded finance tools from NatWest Boxed.

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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