The Fintech Times

JANUARY 11, 2025

The Consumer Financial Protection Bureau (CFPB) has approved the Financial Data Exchange (FDX) as the first standard-setting body in an important step towards implementing open banking in the US. Released in October 2024, the Personal Financial Data Rights rule requires financial institutions, credit card issuers, and other financial providers to unlock a consumer’s personal financial data and transfer it to another provider at their request for free.

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CFPB Consumer Financial Protection Bureau (CFPB) Card Issuer Rules 101

Fintech Weekly

JANUARY 11, 2025

Fintechs handle substantial amounts of sensitive financial information, which makes them primary cyberattack targets.

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FinTech Security 78

The Fintech Times

JANUARY 11, 2025

Looking to accelerate the adoption of AI commerce, Nevermined , the AI payment infrastructure provider for AI-to-AI transactions, has raised $4million in its latest funding round. The raised funds will further enhance Nevermined’s ability to enable AI agents to pay and get paid. The firm is developing the ‘ PayPal for AI’ to enable seamless payments between AI agents, actively driving the transformation of all commercial landscapes.

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AI PayPal Transactions Facilitators 64

Green.Money

JANUARY 11, 2025

Running a successful payment gateway that serves tens of thousands of merchants and millions of their clients is no small feat. Over nearly twenty years, Ive learned some hard truths about what it takes to succeednot just in business, but in life. Ill be the first to admit Im far from perfect. But when it comes to keeping my company alive and highly profitable, Ive made management callsright or wrongthat have sustained us through challenges and opportunities alike.

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Gateways On-Demand Payment Gateways Advisors 52

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.

AI

The Fintech Times

JANUARY 11, 2025

HyperPay , a payment gateway operating in the Middle East and Northern Africa (MENA), has secured a digital payment licence from the Saudi Central Bank (SAMA). With its newly obtained licence, HyperPay can now operate digital payment services via an electronic wallet in the Kingdom of Saudi Arabia. The fintech aims to support the transition to a less cash-dependant society by launching a range of payment solutions and financial services.SAMA also says that the move looks to help strengthen the d

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Central Bank Security Payment Gateways Financial Inclusion 64

The Fintech Times

JANUARY 11, 2025

The Digital Operational Resilience Act (DORA) implementation deadline is less than a week away, and with financial firms facing up to two per cent of annual global turnover for failing to comply, they are double and triple-checking to ensure they are compliant. With only six days to go, we look at some of the biggest last-minute hurdles firms are facing as they look to be in line with DORA.

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Checks Compliance Risk Breach 59