Fri.Feb 21, 2025

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Do Payment, the Peruvian Fintech for Instant Payout, Prepares to Enter the U.S. and Brazil

Fintech Finance

With the acceleration of e-commerce, both users and businesses are demanding faster and more instant payments, especially in industries where payments have traditionally been a challenge, such as sports betting and gaming. Just two years ago, users could wait up to three days to access their funds in the bank. Recognizing this opportunity in the payments industry, Cristian Valderrama saw the potential to speed up money collection and disbursement.

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Block expands Afterpay on Cash App card

Bank Automation

Block is rolling out Afterpay on its Cash App card this week after a year of testing the buy now, pay later service. San Francisco-based Block, which rebranded from Square in 2021, acquired buy now, pay later (BNPL) service provider Afterpay that same year for $29 billion. Cash App Pay volumes for 2024 grew more […] The post Block expands Afterpay on Cash App card appeared first on Bank Automation News.

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Klarna Partners With Euronics to Bring Flexible Payments to 620 Stores Across the UK

Fintech Finance

Klarna , the AI-powered payments and commerce network, and Combined Independent Holdings (CIH), the electrical buying group that is the UK arm of Euronics, Europe’s largest electrical buying group, have partnered to bring Klarna to Euronics.co.uk with plans to roll out Klarna in up to 600 Euronics stores across the UK. Shoppers can now check out with Klarnas interest-free Pay in 3, making it easier to shop for must-have tech and appliances by spreading the cost over 60 days.

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Saudi’s Alinma Bank Taps IBM’s Cloud and AI Technology to Launch API Platform

The Fintech Times

Alinma Bank has partnered with IBM to upgrade its IT infrastructure and launch a new digital platform that improves services for fintech and SME clients. Saudi Arabia-based Alinma Bank, founded in 2006, has adopted IBM’s hybrid cloud and AI integration technologies in order to introduce an application programming interface (API) platform. Alinma Bank’s centralised API repository currently serves as a mission-critical component within the Banks IT architecture, supporting nearly all b

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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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Block begins rollout of Afterpay on Cash App debit card

Payments Dive

The buy now, pay later product Afterpay became available to eligible cardholders in 20 states Tuesday.

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Comprehensive Guide to Shariah-Compliant Finance: Principles, Growth, and Innovations

Fintech Weekly

Discover the fundamentals of blockchain technology in this comprehensive guide. Learn how blockchain works, its key components, types, benefits, real-world applications, and future potential in transforming industries.

More Trending

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UK government issues tender to bring open banking to Gov.UK Pay

Finextra

The UK government is inviting bidders for a £49 million contract to embed open banking technology into its Gov.UK Pay payments platform.

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Worldwide card use to jump 43% by 2029, Nilson predicts

Payments Dive

Nonetheless, credit, debit and prepaid card transactions will expand at the slowest rate in the U.S., relative to other regions in the world, the research firm Nilson Report forecast.

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Beijing to allow Hong Kong banks to issue credit cards on mainland

The Paypers

Beijing has announced its decision to allow Hong Kong banks to issue credit cards for customers on the mainland from March 1, 2025.

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23 AGs line up behind Baltimore in CFPB case

Payments Dive

Efforts to shutter the agency are against public interest, the AGs said. The CFPB’s attorneys argue it’s in the public interest to act “consistent[ly] with the philosophy of a new administration brought about by a national election.

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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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Global banks report 167 use cases for AI

Bank Automation

The top 50 banks around the world have deployed AI for 167 use cases to improve efficiency and drive consumer experience within their operations. Financial institutions including Melbourne, Australia-based ANZ, London-based NatWest, Zurich-based UBS, as well as Citi and JPMorgan in the United States are increasingly deploying AI for back office, middle office and front […] The post Global banks report 167 use cases for AI appeared first on Bank Automation News.

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Fed’s Barr warns of weaker regulation, supervision

Payments Dive

The Fed board, he said, should resist initiatives that impede effective supervision by discouraging examiners to flag issues early, or ones that add to the process unnecessarily, he said.

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Bybit wallet hack sees crooks nab $1.4bn in ETH

Finextra

Crypto exchange Bybit says hackers have stolen nearly $1.5 billion in Ethereum (ETH) from one of its cold wallets.

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PayQuicker Expands Instant, Seamless Clinical Trial Payouts for EU and UK

Fintech Finance

PayQuicker , the leading global payouts orchestration platform, today announced the expansion of its instant payout and local currency solution for clinical trials across Great Britain (U.K.) and the European Union (EU). This real-time digital payment solution offers secure, compliant, and seamless participant compensation to streamline payout operations for clinical trial organizers, including eliminating the need for onsite card issuing.

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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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Forbes debuts 18 new firms to Fintech 50 list

Finextra

Forbes has released its annual Fintech 50 list for the tenth year, highlighting the top growing fintech businesses in the industry.

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PayPoint Partner With the Fuel Bank Foundation to Deliver Emergency Fuel Support

Fintech Finance

PayPoint and Fuel Bank Foundation are working together to deliver fuel vouchers to support those most in need. Each year in the UK, many households who prepay for their energy lose access to heat, light and power because they cant afford to top-up their meter. The Fuel Bank Foundation is the only national charity who gift energy top-up vouchers for prepayment meters to help people and families living at the sharp end of fuel poverty.

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Securities and Futures Commission unveils roadmap to make Hong Kong a global virtual asset hub

Finextra

The Securities and Futures Commission (SFC) outlined a 12-point strategy today to boost Hong Kongs virtual asset (VA) market.

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Affirm and Shopify Take Multi-Year Partnership Global

Fintech Finance

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Shopify , a provider of essential internet infrastructure for commerce, today announced an expanded global agreement. The renewed multi-year partnership cements Affirms position as the exclusive pay-over-time provider for Shop Pay Installments in the U.S.

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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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Citi, HSBC, Morgan Stanley, RBC fined for disclosing UK bond pricing

Finextra

UK regulator, the Competition and Markets Authority (CMA) has fined Citi, HSBC, Morgan Stanley, and the Royal Bank of Canada 104.5 million for sharing sensitive information about UK bonds between 2009 and 2013.

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INTERPOL partners with African Development Bank to combat financial crime

The Paypers

INTERPOL has partnered with the African Development Bank to combat financial crime, cyber-enabled fraud and money laundering.

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Growing Sophistication of Payment Fraud: Business & Personal Sectors Need Different Solutions

Finextra

As we navigate through 2024, a concerning trend is emerging in the payment fraud landscape: while ca.

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The Freedom Bank partners with Apiture for digital banking platform

The Paypers

The Freedom Bank of Virginia has chosen Apiture , a provider of digital banking solutions, to integrate its online and mobile banking solutions into the Apiture Digital Banking Platform.

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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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Banks need a complete app overhaul to remain generationally relevant

Finextra

Its not just technology that is changing at breakneck speed, how different groups of customers enga.

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Payment Security: Protect Transactions & Prevent Fraud

Paystand

Discover the best payment security solutions to protect transactions, prevent fraud, and build trust with blockchain and next-gen security technologies.

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Instant Payment Fraud: Consumer/Business Trends in the UK, US, and EU

Finextra

In the UK, H1 2024, £570 ($720) million was stolen in payment fraud of which Authorised Push Payment.

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Illuma Receives Financing for Voice Authentication Security Solutions

Finovate

Illuma has secured strategic financing from Stifel Bank. The amount of the financing was undisclosed. The funds add to the companys $9 million Series A funding round it received in September of 2024. Illuma plans to use the funds to accelerate product innovation, expand its market reach, and help financial institutions safeguard interactions. Voice authentication solutions provider Illuma received strategic financing from Stifel Bank.

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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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Nordic fintechs Two and Avarda team up on white label payments offering

Finextra

Two, a European leader in B2B payments technology, has announced a strategic partnership with Avarda, a white label payments specialist in northern Europe. Together, they are introducing a fully integrated white label payment solution tailored for both businesses and consumers in the Nordic e-commerce market.

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Deep Dive into the Future of Fintech: What’s Happening on Day 2 at FinovateEurope 2025

Finovate

Over the past month, we’ve highlighted most of the speakers that will grace the Finovate stage next week at FinovateEurope 2025 (there’s still time to register for the event!). From keynote presentations to demoing companies and panels, our previews offer a sneak peek into the wide range of sessions that will showcase some of the newest thoughts and ideas in fintech and banking in 2025.

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MoonPay appoints Derek Yu treasurer

Finextra

MoonPay, the global leader in crypto payments, announced that it has appointed Derek Yu as Treasurer. Yu brings a decade of audit and treasury expertise to the company, most recently serving as Treasurer of leading regulated blockchain infrastructure and tokenization platform, Paxos.

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Affirm and Shopify expand partnership to Canada and beyond

The Paypers

Affirm and Shopify have announced an expansion of their long-term partnership, extending their collaboration beyond the US market.

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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