Fri.Sep 27, 2024

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Mexico in Focus: Open Banking and Financial Inclusion

Open Banking Excellence

Mexico in Focus: Open Banking and Financial Inclusion A briefing for banks and fintechs, with key insights and details of the opportunities available in LatAm’s third-largest nation. Open Banking represents an important possibility for both financial institutions and the Mexican population. Today, a significant portion of the Mexican population has limited or no access to traditional banking services.

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How to Appoint a Qualified Data Protection Officer(DPO)?

VISTA InfoSec

A Data Protection Officer (DPO) can be called as an ally for organizations that deals with large amount of Privacy related data in its core operation. They are appointed based on article 37 of GDPR , and help organizations stay compliant with data protection laws by overseeing data security policies, monitoring internal compliance, and providing expert advice for staffs managing the potential data privacy risks.

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‘Innovation Driving Growth’ A FinTech as a Force for Good Forum

Open Banking Excellence

10th October 2024 Live Event Linkedin Twitter 'Innovation Driving Growth' A FinTech as a Force for Good Forum Join us for our annual ‘FinTech as a Force for Good Forum’ as we explore FinTech’s role in supporting consumers through economic uncertainty, as well as its ability to help drive forward the wider ESG agenda. We look forward to welcoming FinTech founders, financial services institutions, policy-makers and regulators, professional services firms, investors, and international hubs for a on

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Fiserv, Wells Fargo to end joint venture

Payments Dive

The venture between the payments processor and the bank will expire in April, prompting a cash payment from one to the other.

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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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PayPal to Facilitate Cross-Border Trade in China

Finovate

PayPal is launching its PayPal Complete Payments platform in China, offering seamless cross-border payment solutions. The platform, which initially launched in the U.K., Canada, and Europe, helps merchants settle funds quickly and manage international payments. PayPal estimates the new tool will help Chinese merchants to reach over 400 million PayPal users globally.

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Paymentology and ViaCarte Join Forces to Expand Card Issuance Across Latin America and the Caribbean

Fintech Finance

Paymentology , the leading global issuer processor, has announced its strategic partnership with ViaCarte , the user-friendly, customisable payment platform and issuer. This collaboration is set to revolutionise payments across Latin America and the Caribbean (LAC) by providing next-generation card issuance and processing solution. Both Paymentology and ViaCarte are well-known for their innovative payment solutions that offer access to global card programmes.

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NPCI International to Develop UPI-Like Real-Time Payments Platform in Trinidad and Tobago

Fintech Finance

NPCI International Payments Limited (NIPL) has entered into a strategic partnership with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago to develop a real-time payments platform similar to India’s ‘Unified Payments Interface’ (UPI). This collaboration marks a significant milestone, making Trinidad and Tobago the first Caribbean nation to adopt the globally renowned UPI.

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Securely participate – and thrive – on the open banking marketplace

Axway

The CFPB’s announcement of its final U.S. open banking rule (alongside similar rules in Canada) is certainly an important factor in banks’ adoption of API technologies.

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Mastercard and ZOOD Partner to Launch the First Virtual Buy Now Pay Later Card in Uzbekistan

Fintech Finance

Building on the existing multimarket partnership to accelerate flexible payments adoption in the region, Mastercard and ZOOD , one of the leading digital lending platforms for e-commerce in the Middle East and Central Asia, has introduced a virtual BNPL card – ZOOD Card – in Uzbekistan. Being the first of its kind in the market, the ZOOD Card will enable consumers to convert their purchases into convenient installment plans for in-store, and local and global online shopping outlets.

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Wells Fargo applies vendor tech across business lines

Bank Automation

Wells Fargo looks across all of its business lines when making investment decisions and selecting technology vendors. For the $1.7 trillion bank, working with vendors is “about the direction of the firm, our customer-forward focus and then thinking about intention and modernizing our core infrastructure,” Jazz Samra, head of strategic partnerships and innovation initiatives, told […] The post Wells Fargo applies vendor tech across business lines appeared first on Bank Automation News.

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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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PayPal Introduces PayPal Complete Payments in China

Fintech Finance

PayPal unveiled PayPal Complete Payments , a safe and efficient all-in-one platform that integrates a range of customized products and solutions to support Chinese merchants in selling globally. This platform streamlines payment and receivables processes for businesses of all sizes in China, empowering them to thrive in cross-border trade and the digital economy.

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Lucinity secures patent for federated learning AI, enabling secure data sharing

The Payments Association

Lucinity , the global leader in AI software for financial crime compliance, has secured a second patent from the US for its proprietary federated learning technology , which provides a unique approach to allow global financial systems to share algorithmic learning patterns without sharing sensitive data. Intelligence can be securely shared across multiple entities, improving collaboration.

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Cleverbridge Announces Payments Veteran Kevin Feagan as Chief Revenue Officer

Fintech Finance

Cleverbridge , the all-in-one e-commerce platform for global subscription businesses, has announced the appointment of Kevin Feagan as its Chief Revenue Officer. Feagan will report directly to Wendi Sturgis, Chief Executive Officer, and serve as a member of Cleverbridge’s leadership team. In his new role, Feagan will oversee the go-to-market organization and be responsible for driving strategic alignment between all revenue-related functions.

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Webinar: How will changes to safeguarding rules impact payments firms?

The Payments Association

A long time in the making, the Financial Conduct Authority has finally opened a consultation on new safeguarding rules for payments and e-money firms. Join Linklaters LLP for a webinar on Wednesday 2 October in which our payments experts will give an overview of the proposed rule changes, pick out key points of interest and look ahead to what happens next.

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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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PayMate Establishes Strategic Partnership with De’Xandra to Transform B2B Payments Landscape for SMEs

Fintech Finance

PayMate , a B2B payment solutions provider, has officially entered into a strategic partnership with De’Xandra – Malaysia’s leading perfume brand, in a move aimed at revolutionizing B2B payment processes and boosting the growth of Malaysian SMEs. This collaboration marks PayMate’s entry into the Malaysian market aligning with its mission to drive digital transformation within the SME sector of the region.

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AI billing software solutions: Revolutionizing financial management

Chargebee

Introduction to AI billing software In today’s rapidly evolving business landscape, AI billing software is revolutionizing financial management for companies of all sizes. This cutting-edge technology leverages artificial intelligence to streamline and automate complex billing and invoicing processes, offering unprecedented efficiency and accuracy.

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Airbase Demonstrates the Transformational Power of AI with the Launch of Touchless Accounts Payable

Fintech Finance

Airbas e, the leading procure-to-pay solution for mid-market and larger organizations, is excited to announce a new era in financial operations with its launch of AI-powered Touchless AP (accounts payable). Digital transformation remains a top priority for 79% of finance leaders in 2024 according to Gartner. Yet, despite the availability of AP automation solutions, finance teams continue to struggle with manual, time-consuming processes that prevent them from focusing on high-value strategic wor

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Switching Banks? Prepare for More Hoops to Jump Through

The Fintech Times

Consumers looking to switch current accounts for cash incentives are facing more hurdles than ever before, according to new research by personal finance comparison site finder.com. The number of unique requirements for bank switch deals has significantly increased over the past four years. The research , which analysed 86 bank switching offers, found that the maximum number of extra criteria needed to qualify for these deals has risen from two steps in 2020 to six in 2024.

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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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Mastercard partners with ZOOD

The Paypers

Mastercard has announced its partnership with ZOOD in order to launch the first virtual BNPL card for customers and clients in the region of Uzbekistan.

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UK ready to make 2027 T+1 switch without EU

Finextra

The UK will push ahead with the move to a T+1 settlement cycle for securities trades by the end of 2027, regardless of whether the European Union makes the switch at the same time.

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Stripe expands its presence in Toronto

The Paypers

Stripe , a financial infrastructure platform designed for businesses, has launched its new flagship office in Toronto as part of its expansion efforts.

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Finovate Global Canada: Embedded Finance, Open Banking, and Helping Newcomers Access Credit

Finovate

This week’s edition of Finovate Global looks at recent developments in the fintech scene in Canada. First up, we head over to Toronto, Ontario, where embedded payroll software company Nmbr has secured $5.6 million (CAD$7.6 million) in seed funding. The round featured investors Panache Ventures, Golden Ventures, Motivate Venture Capital, and Luge Capital.

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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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Robinhood explores launching its own stablecoin

The Paypers

Robinhood Markets has announced that it is exploring launching its own stablecoin, a type of crypto designed to maintain stable value.

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Lenders tap AI to serve niche market segments

Bank Automation

Banks have traditionally been the lenders of choice for small businesses, but there are alternatives — at least in the legal industry. Alternative asset management firm Legalist, which has $1 billion assets under management, is tapping AI within the origination process to offer litigation finance to its clients, Eva Shang, general partner and chief executive […] The post Lenders tap AI to serve niche market segments appeared first on Bank Automation News.

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HSBC and JP Morgan unwittingly processed payments for Wagner head

The Paypers

Reports have surfaced that JPMorgan Chase and HSBC inadvertently processed payments for companies associated with Yevgeny Prigozhin, the former leader of the Wagner Group.

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UAE is Leading the MENA Crypto Charge: Small and Large Retail Crypto Transactions Up By 80%

The Fintech Times

Chainalysis , the blockchain data platform, has revealed that the UAE’s small population, when compared to other countries in the Middle East and North Africa (MENA) region, has not prevented it from becoming one of the front-running crypto economies. Receiving £34billion in cryptocurrencies between July 2023 and June 2024, the UAE has experienced 42 per cent year-on-year growth.

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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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Businessnext and MongoDB partner to push autonomous ops in financial services

Finextra

Businessnext, a global leader in composable enterprise solutions for financial services, has partnered with MongoDB to accelerate autonomous operations powered with specialized predictive and generative AI for banking and insurance.

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Justice Department Accuses Visa of Hindering Innovation by Monopolising Debit Network Markets

The Fintech Times

Visa is once again in the firing line of the Justice Department as the US administrator files a civil antitrust lawsuit against the payments processor. Visa has been accused of maintaining a monopoly over debit network markets in violation of Sections 1 and 2 of the Sherman Act. In 2020, the Justice Department filed a civil antitrust lawsuit to stop Visa from acquiring Plaid , a technology company that powers fintech apps developing disruptive options for online debit payments.

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Finextra & Eastnets unveil new data on the global state of trade-based financial crime

Finextra

Finextra this week released new research investigating how institutions globally are tackling the mounting issue of trade-based financial crime (TBFC).

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FCA Steps in To Increase Consumer Protections When Payments Firms Go Out of Business

The Fintech Times

The Financial Conduct Authority (FCA) is consulting on proposals that it hopes will better protect consumers when payments and e-money firms go out of business. Despite the use of payments firms growing significantly in recent years, the FCA revealed it continues to see poor safeguarding practices from firms. In March 2023, the UK regulator’s director of payments and digital assets, Matthew Long , wrote to payment firms urging them to take appropriate action to ensure they have robust con

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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