Fri.Jan 10, 2025

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Bank Alfalah Acquires Strategic Stake in UAE Fintech Jingle Pay

Fintech Finance

Bank Alfalah , a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay , one of the fastest growing fintechs in the MENAP region. The Bank’s fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets.

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Global Network Tokenised Transactions Set to Double by 2029, Says Juniper Research

The Fintech Times

Global network tokenised transactions could double by 2029, rising from 283 billion in 2025 to 574 billion in 2029; according to new research by fintech and payments markets expert Juniper Research. As the popularity of digital payments continues to grow, the importance of the role of network tokenisation is also on the rise. Network tokens are virtual representations that replace sensitive card details with tokens issued by card networks.

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Reap Receives In-Principle Approval for Major Payment Institution License from Monetary Authority of Singapore

Fintech Finance

Reap , a leading payment technology provider, is thrilled to announce today that it has received an In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its application of the Major Payment Institution (MPI) License for its Singapore entity, Reap Singapore. Obtaining the IPA marks a significant milestone for Reap. Reap is committed to regulatory excellence while continuously enhancing its capabilities and presence in the country and the broader Asia Pacific region.

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VC Firm FIA Ventures Launches in DIFC: Offering Guidance and Strategic Support Alongside Investment

The Fintech Times

A new private venture capitalist firm headquartered in the Dubai International Financial Centre (DIFC), FIA Ventures , has officially launched. Founded by Mohammed Saleem , who also founded global business events and consulting firm Trescon , FIA Ventures says it is committed to reshaping the venture capital landscape by empowering early-stage tech startups.

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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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JCB Unveils a New E-book That Empowers Merchants and Acquirers to Harness Growth Drivers in the European Region

Fintech Finance

JCB International Co, Ltd, the international operations subsidiary of JCB Co, Ltd, Japans only international payment brand, has today released a new e-book “The Evolution of Payments: Key Growth Drivers across the European Region,” providing expert insights into the key trends shaping the future of payments in Europe. The e-book explores: The 5 biggest growth drivers in the European market How to thrive in the new payments landscape Insights from leading merchant acquirers,

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Finovate Global Ireland: Innovations in Payments, Regtech, and Debt Consolidation

Finovate

This week’s edition of Finovate Global looks at recent fintech headlines from Ireland. NomuPay secures $37 million at a valuation of $200 million Dublin, Ireland-based fintech NomuPay announced an investment of $37 million this week. The funding round, which began in September, gives the company a valuation of $200 million. The company will leverage the new capital to help accelerate the expansion of unified payment access in Asia. “Over the past two years, we’ve grown our reve

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dLocal Secures FCA Payment Institution Licence, With Plans to Help UK Merchants Scale Globally

The Fintech Times

dLocal , a payment platform connecting merchants to emerging markets born out of Uruguay, has secured the UK Authorised Payment Institution (API) licence from the Financial Conduct Authority (FCA). With the licence, dLocal can now offer a comprehensive suite of regulated payment solutions to UK-based merchants. Now that the cross-border payment fintech can offer regulated payment services in the UK, it plans to help firms in the region easily scale globally, and to specifically target emerging e

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Ally lays off hundreds of employees

Payments Dive

The digital bank also said this month that it’s exploring strategic alternatives for its credit card business.

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Fraudsters target RTP, FedNow newcomers

Bank Automation

The Clearing House and Federal Reserve publicize the adoption of their payments rails, Real Time Payments and FedNow, by posting on their websites which financial institutions are live on their networks offering something of a roadmap for fraudsters to take advantage of newly onboarded FIs. The reason why [fraudsters] target new financial institutions is […] The post Fraudsters target RTP, FedNow newcomers appeared first on Bank Automation News.

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Transcard Brings its Payment Orchestration Capabilities to Canada

Finovate

Tennessee-based Transcard is expanding to Canada. Transcard has partnered with Xodus Travel Services to enhance digital payment experiences with its SMART Suite platform. The expansion into Canada comes a month after Transcard earned authorization from the U.K. Financial Conduct Authority (FCA) to serve as a payment institution in theU.K. Tennessee-based Transcard is bringing its payment orchestration capabilities north of the border this week.

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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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CFPB requests public comment on consumer privacy protections

Bank Automation

The Consumer Financial Protection Bureau published a request for information today asking the public to comment on data privacy protections on digital payments. The CFPB seeks comment regarding how to address intrusive data collection from digital payments platforms, including how consumer data is being collected, used and shared, according to todays release.

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What Is Remittance Advice? Payment Tracking and Efficiency

Paystand

Table of Contents What is remittance? What is remittance advice in accounting? Whats the best way to send remittance advice? What is electronic remittance advice? What should a remittance advice slip include? Do you need to send remittance advice? Is remittance advice proof of payment?

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BNP Paribas taps Oracle for cloud solutions

Finextra

BNP Paribas has announced that it will adopt Oracle Exadata Cloud@Customer solution into its cloud strategy to strengthen security and customer personalisation in their systems.

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WhiteBIT TR and Misyon Bank Sign Agreement

Fintech Review

VILNIUS, Lithuania, January 10th, 2025, FinanceWire WhiteBIT TR cryptocurrency exchange has announced a strategic partnership with Turkey’s first neobank, Misyon Bank, ushering in 2025 with a significant milestone for the Turkish cryptocurrency sector. This collaboration enables Misyon Bank to connect with individual investors across Europe through WhiteBIT TR, marking its third major initiative in the digital assets space, following two global partnerships.

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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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RTP payments surged 38% last year

Payments Dive

The high-speed payments system operated by The Clearing House also saw the value of transactions nearly double last year over 2023.

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FV Bank integrates PYUSD into its stablecoin offering

The Paypers

FV Bank , a licensed US digital bank offering traditional and digital asset banking services, has announced that it integrated PayPal USD (PYUSD) for direct deposits and outbound payments.

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December 2024 Changelog

Basis Theory

December rounded out a productive and successful 2024 for the Basis Theory Platform. Heres what we released in the last month of the year.

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CFPB picks FDX to set open banking standards

Payments Dive

The nonprofit will craft standards for consumer data sharing between financial institutions for the next five years.

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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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Standard Chartered launches crypto services in Europe

The Paypers

Standard Chartered has announced the launch of its crypto services for customers and partners in Europe, after securing a digital asset licence under the MiCA framework.

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The Significance of GDPR in the Fintech Landscape

Finextra

The General Data Protection Regulation (GDPR) has redefined data privacy and security across industr.

Privacy 64
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Thailand to pilot cryptocurrency payments for tourists in Phuket

The Paypers

Thailand has decided to trial cryptocurrency payments in Phuket as part of a pilot programme aimed at offering foreign visitors an alternative payment method.

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Bank Alfalah acquires stake in Jingle Pay

Finextra

This investment highlights Bank Alfalahs dedication to driving digital transformation and promoting financial inclusion across key markets, reinforcing its position as a leading digital bank.

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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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Standard Chartered launches crypto services in Europe

The Paypers

Standard Chartered has announced the launch of its crypto services for customers and partners in Europe, after securing a digital asset licence under the MiCA framework.

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Fintech and Small Business Predictions for 2025

Finextra

With 2025 approaching, the landscape for SMBs is undergoing transformative changes driven by advance.

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Mastercard expands crypto credential solution to UAE and Kazakhstan

The Paypers

American multinational payment card services corporation Mastercard has extended its Crypto Credential solution to the United Arab Emirates (UAE) and Kazakhstan.

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EBA publishes final guidelines on ESG risk management

Finextra

The European Banking Authority (EBA) has published its specific requirements regarding management of ESG-related risks.

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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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What to Do When Your Payment Processor Cancels Your Merchant Account

Segpay

Running a business comes with enough challengeslosing your payment processor shouldnt be one of them. If your payment processor cancels your merchant account, it can feel like your entire business is at risk. This is especially true for high-risk industries like adult content, online gaming, or CBD products, where finding reliable payment processing can be a significant challenge.

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White-Label Payment Gateway: The Smart Choice for Fintech Businesses

Finextra

In todays fast-evolving digital payments landscape, having a robust and scalable payment infrastruc.

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MarginEdge partners with BlueSnap for subscription payments

The Paypers

Restaurant management software company, MarginEdge , has recently announced a new partnership with global payment orchestration platform for B2B and B2C businesses, BlueSnap.

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AffiniPay appoints Nathan Waite chief revenue officer

Finextra

AffiniPay, a leader in legal practice management software, integrated payments, and embedded fintech solutions for professionals, has announced Nathan Waite as its new Chief Revenue Officer.

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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