Wed.Jan 08, 2025

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dLocal Announces Expansion of Offering to UK Merchants With New Authorised Payment Institution License and Partnership With ICC

Fintech Finance

dLocal , the leading payment platform connecting global merchants to emerging markets, has announced that it has been granted the Authorised Payment Institution license from the Financial Conduct Authority (FCA) in the United Kingdom. This milestone positions dLocal to offer regulated payment services in the UK, bolstering its commitment to global compliance and expanding its service offerings for UK-based merchants.

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Viking Outdoor Footwear tests item-level QR codes for digital product passports

NFCW

DPP TRIAL: Viking product labels will include QR codes that link to item and sustainability information Customers of Norwegian footwear brand Viking Outdoor Footwear will soon be able to scan a unique QR code on individual products to discover an items sustainability credentials as part of a trial of digital product passports (DPPs). The brands test sees item-level QR codes in GS1s Digital Link format added to labels on a number of shoes and garments in its spring/summer ranges, opening up produ

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XTransfer Officially Receives MPI License from the Monetary Authority of Singapore

Fintech Finance

XTransfer , the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform , was granted the Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS). This significant milestone strengthens XTransfer’s leading position in the B2B cross-border payments industry.

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Skipify appoints Worldpay chief product officer Cindy Turner as board observer and growth advisor

The Payments Association

Skipify, a leading fintech company pioneering identity-powered payments, announced today that Cindy Turner has joined the board as a strategic advisor and observer. With a distinguished career spanning Fortune 500 companies and private equity, Turner is an expert on digital transformation with an exceptional track record of helping companies drive operational excellence and growth at scale.

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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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PXP Appoints Alex Apergis as Chief Revenue Officer and Transforms Its Brand, Reflecting Its Ambition to Create a Tech-First Global Commerce Ecosystem

Fintech Finance

PXP , a leading omnichannel global payment platform and innovative industry disruptor, have announced the appointment of Alex Apergis as its new Chief Revenue Officer to supercharge global growth. Alongside this strategic leadership addition, PXP is transforming its brand to reflect its innovative tech-first strategy to create a global commerce ecosystem.

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The future of payments: Key trends that will shape 2025

The Payments Association

The payments industry in 2025 will see advancements in real-time payments, AI tools, and voice-activated technologies reshaping consumer and business interactions. The payments industry is evolving faster than ever, with trends like real-time payments, subscription innovations, and AI-powered tools redefining how businesses and consumers interact. From pay-by-bank solutions to futuristic voice-activated payments, 2025 promises to bring significant advancements.

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iDenfy Files Patent for Address Verification Solution That Mixes Physical and Digital Techniques

The Fintech Times

iDenfy , the global fraud prevention identity verification service provider, has filed a patent for technology that verifies a user’s address data. Through the use of its address verification technology, iDenfy hopes to set a new standard for reliability and security, helping businesses combat fraud and prevent document forgery more effectively.

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Volante Technologies Recognized as a Global Market Leader in Innovation: Payment Hubs, 2024–25 Omdia Universe Report

Fintech Finance

Volante Technologies , the global leader in Payments as a Service (PaaS), has been recognized as a Leader in The Omdia Universe: Payment Hubs, 202425 Report. The company received the highest scores in critical categories, most notably in Strategy and Execution, reaffirming its position as an innovator in the payments industry. To achieve Leader status, the most exclusive ranking category, vendors had to excel against Omdia’s in-depth evaluation based on a matrix of key capabilities, attrib

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XTransfer Secures MAS Licence, to Meet Demand for Cross-Border Payment Solutions in Singapore

The Fintech Times

The Monetary Authority of Singapore (MAS) has grantedChina-based B2B cross-border trade payment platform, XTransfer , a Major Payment Institution (MPI) licence, enabling it to provide a range of money transfer services in the region. Having obtained the MPI licence, XTransfer can now provide services including account issuance, domestic money transfer, cross-border money transfer, and e-money issuance, addressing the increasing demand for secure and convenient cross-border payment solutions in S

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Network International’s Digital Payment Solution to Power New Money Fellows Offering in Egypt

Fintech Finance

Network International (Network ), a leading enabler of digital commerce in the Middle East and Africa, has partnered with Money Fellows, the leading money circles app, to power a new solution that will leverage its best-in-class payment functionality. Under the partnership, Network will provide Money Fellows with its Digital Payments as a Service platform with value added services including advanced fraud prevention, fully secure payment functionality, as well as a full suite of back office mana

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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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Money Fellows Improves Payment Functionality With Network International Integration

The Fintech Times

A new partnership has been announced between the digital commerce enabler in the Middle East and Africa (MEA), Network International and Money Fellows , the money circles app, to integrate Network’s ‘Digital Payments as a Service’ offering into Money Fellows. Dr. Reda Helal, group managing director processing, Africa and co-head group processing at Network International The new solution will improve payment functionality for Money Fellows as well as advance fraud prevention.

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Nuvei Enters Strategic Partnership With Gaming Innovation Group (GiG)

Fintech Finance

Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, has entered a new strategic partnership with GiG, a leading B2B technology provider to the iGaming industry. This collaboration enables iGaming operators to optimize their payments functionality through their existing integration with GiG’s CoreX solution.

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Lumin Digital Teams Up with FINBOA to Enhance Dispute Management

Finovate

Digital banking provider Lumin Digital has turned to process automation provider FINBOA for enhanced dispute management. FINBOA’s technology has produced up to a 90% reduction in dispute intake effort and up to an 80% reduction in audit prep time. Headquartered in Houston, Texas, FINBOA made its Finovate debut at our all-digital conference in the spring of 2021.

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Transactions: Regions Bank taps Axway for open banking initiative

Bank Automation

Regions Bank is teaming up with information technology company Axway to accelerate its open banking transition. The $157 billion banks initiative follows the Consumer Financial Protection Bureaus Oct. 22, 2024, ruling that mandates protections and offerings for bank clients, including: Free transfer of money from one bank to another; Secure payments through open banking; and […] The post Transactions: Regions Bank taps Axway for open banking initiative appeared first on Bank Automation New

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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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TransUnion to Buy Credit Eligibility and Distribution Platform Monevo

Finovate

TransUnion will acquire credit eligibility and distribution platform Monevo, expanding its capabilities in credit prequalification and personalized credit offers. Financial terms of the deal were not disclosed. TransUnion originally acquired a 30% stake in Monevo in 2021 and will acquire the remaining ownership position from Monevo’s majority stakeholder, Quint Group Limited.

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BIS CPMI goes on further promoting ISO 20022 harmonisation

The Paypers

The BIS Committee on Payments and Market Infrastructure (CPMI) has announced that it has moved forward with progressing the adoption of its harmonised ISO 20022 data requirements.

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How ACI Worldwide is deploying AI

Payments Dive

The payments software company has artificial intelligence delivering efficiencies in several areas of its business, CEO Tom Warsop said recently.

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Five Key Ways for FIs to Maximize AI Potential

Payments Next

By Juan Urthiague, Chief Financial Officer, Globant According to a Citizens Bank survey, 97% of private equity financial firms use AI. Adoption The post Five Key Ways for FIs to Maximize AI Potential first appeared on Payments NEXT.

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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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Sezzle challenges critical research from short-seller firm

Payments Dive

The buy now, pay later firm argues that a recent Hindenburg Research report highlighting a decline in users and merchant partners overlooks important context and details.

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Nuvei partners Gaming Innovation Group

The Paypers

Nuvei partners with GiG to integrate its payment methods into Gig's PAM platform, CoreX, for improved payment functionality for gamers.

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JPMorgan files suits over Viva Wallet dispute

Finextra

JPMorgan Chase has filed new lawsuits in the UK and Greece connected to its investment in fintech Viva Wallet.

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Ripple adopts Chainlink standard for RLUSD pricing data on Ethereum

The Paypers

Ripple has integrated Chainlink ’s infrastructure to supply verifiable pricing data for its USD-denominated stablecoin, RLUSD, on the Ethereum blockchain.

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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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Latin American payments platform dLocal wins UK licence

Finextra

Latin American cross-border payments platform dLocal is expanding in the UK after securing an authorised payment institution licence from the FCA.

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JeelPay obtains USD 6.6 million in Pre-Series A investment round

The Paypers

JeelPay , a Saudi BNPL fintech company, has announced that it obtained USD 6.6 million in a Pre-Series A investment round to further advance its expansion strategy.

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Financial Services Trends for 2025: Fraud Prevention, Customer Account Management, and More

Finextra

As the financial landscape continues to evolve, financial institutions (FIs) face a complex set of c.

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Alliance Bank improves Virtual Credit Card with Samsung and Google Pay

The Paypers

US-based Alliance Bank has enhanced its Visa Virtual Credit Card (VCC) by integrating it with Samsung Pay and Google Pay.

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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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TransUnion to acquire Monevo

Finextra

Credit bureau TransUnion is to acquire UK-based Monevo, a provider of loan prequalification data for banks to deliver personalised offers to consumers via comparison websites and other third parties.

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Klickl International teams up with Zand Bank

The Paypers

Klickl International, a Web3 Open Finance platform, has entered into a partnership with Zand , a UAE-based AI-enabled digital bank, to advance its operations by leveraging the latter’s banking products and solutions.

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Why Payment Analytics is Essential for Business Success

Finextra

In a world where commerce is driven by data, merely processing payments is no longer enough. For bus.

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Backpack acquires FTX EU to expand in the European crypto market

The Paypers

Backpack , a centralised cryptocurrency exchange founded by former employees of Alameda Research and FTX, has completed its acquisition of FTX EU.

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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