Payments Dive

JULY 12, 2024

Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.

Instant Payments 173

Instant Payments Payments 173

Fintech Finance

JULY 12, 2024

Cross-border payments are becoming increasingly important to international economies. Around 63% of global consumers use international real-time payments (RTPs) services to send money to family and friends and 51% use them only to pay for goods and services, according to the 2024 Financial Services Consumer Survey* conducted by GlobalData , a leading data and analytics company.

Cross-Border 140

Cross-Border Real Time Payments Cross-Border Payments Cross-Border Settlement 140

Payments Dive

JULY 12, 2024

The U.S. is the world’s largest self-checkout market, driven in part by supermarket chains and convenience stores, even as some retailers pull back on the tech.

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Bank Automation

JULY 12, 2024

Citigroup’s multiyear modernization strategy saw progress in the second quarter as the bank’s tech investments proved more necessary after the Federal Reserve Board penalized the bank this week. “We have made meaningful progress in executing our transformation and simplifying our multiyear undertaking,” Chief Executive Jane Fraser said during the $2.

Federal Reserve 126

Federal Reserve 126

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

Fintech Finance

JULY 12, 2024

Alchemy Pay , the world-leading fiat-crypto payment gateway, has partnered with Mastercard to verify authentic users and prevent fraud in the application process. By leveraging Mastercard’s account opening solution, Alchemy Pay ensures a seamless registration experience while efficiently detecting fraud, thereby strengthening risk control measures and enhancing platform security.

Visa 104

Visa Accounts Payment APIs and Integration Payment Gateways 104

Finextra

JULY 12, 2024

German asset management company DWS has launched a new company in a step towards creating the first German-regulated cryptocurrency.

Regulations 94

Regulations Stablecoins Cryptocurrency 94

The Payments Association

JULY 12, 2024

Some businesses make the mistake of believing that taking over the world equates to success. It can end up being a huge investment and distraction from their core business and customers. In my experience, organisations that want to grow in the right way would usually benefit from doing three key things - collaborating with like-minded businesses, integrating innovative software from trusted providers, and familiarising themselves with regional nuances.

Innovation 88

Innovation Payments 88

Fintech Finance

JULY 12, 2024

Datapro , a leading provider of core banking systems and digital solutions, recently collaborated with Mastercard to expand the integration of Mastercard Cross-Border Services, a solution within the Mastercard Move portfolio of money transfer solutions. The collaboration will provide Datapro’s customers throughout Latin America and the Caribbean with access to fast, transparent, and convenient cross-border payment experiences.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Visa Payment APIs and Integration 98

Bank Automation

JULY 12, 2024

JPMorganChase has achieved straight-through processing to share loan data and improve efficiencies, reduce errors and delays in loan processing. Straight-through processing (STP) allows JPMorgan to digitize all information flowed on Versana, a syndicated loan platform, ranging from emails to faxes.

Process 78

Process 78

Fintech Finance

JULY 12, 2024

Expensify, Inc. (Nasdaq: EXFY), the financial management super app for expenses and corporate cards, announced unlimited virtual cards with the Expensify Visa® Commercial Card. With this addition to the platform, Expensify empowers businesses to take control of their spending with unparalleled flexibility and precision. Expensify members can now issue an unlimited number of virtual cards, providing unmatched flexibility in managing expenses across employees and merchants.

Commercial Card 98

Commercial Card Finance Innovation Accounts 98

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

Payments

Finextra

JULY 12, 2024

On Thursday, UK shoppers were hit by a payments outage, preventing them from making online and card payments using Visa and Mastercard.

Visa 78

Visa Payments 78

Fintech Finance

JULY 12, 2024

The Transportation Authority in Ajman and Visa , a global leader in digital payments, have signed an agreement to enable the acceptance of open contactless payments on public transport buses in Ajman, in line with the emirate’s smart mobility goals. The agreement allows bus passengers in Ajman to pay for their trips using Visa contactless cards or their mobile devices that support contactless payment.

Contactless Payments 98

Contactless Payments Agreements Authorization Payments 98

Bank Automation

JULY 12, 2024

Wells Fargo is improving its customer experience with investments in branch technology and enhanced self-service options. “We continue to optimize and invest in our branch network,” Wells Fargo Chief Executive Charlie Scharf said during today’s second-quarter earnings call.

Continuity 75

Continuity Technology 75

Fintech Finance

JULY 12, 2024

When it comes to finding, analyzing and acting on their company’s financial information, corporate finance departments, treasurers and CFOs expect the same ease and convenience they enjoy while managing their personal finances. That’s why Bank of America has unveiled a powerful transaction search engine with integrated investigation capabilities on CashPro.

Transactions 98

Transactions Correspondent Finance Wire 98

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.

B2C

Bank Automation

JULY 12, 2024

German bank Solaris SE faces financial penalties if it doesn’t meet deadlines for fixing controls, after failing to do so for years, according to Bloomberg.

FinTech 75

FinTech Addressing Regulations 75

Fintech Finance

JULY 12, 2024

Alacriti , a leader in cloud-based payments and money movement services, has announced its strategic partnership with Lumin Digital , a leading provider of innovative digital banking solutions. The collaboration aims to empower financial institutions with advanced payment functionalities, improve operational efficiency, and deliver superior customer/member service.

FedNow 97

FedNow Instant Payments RTP ACH 97

The Fintech Times

JULY 12, 2024

The UAE launched its ‘Strategy for Artificial Intelligence’ (AI) in 2017 to integrate the use of the technology at all levels within the country. Seven years later, organisations continue to align themselves with the strategy, especially as AI’s popularity reaches new heights. The latest firms working to accelerate the UAE’s AI standing are Mastercard , UAE’s Artificial Intelligence, Digital Economy and Remote Work Applications Office, and First Abu Dhabi Bank (FAB).

AI 69

AI Visa Economy Enrollments 69

Fintech Finance

JULY 12, 2024

Payset , an online payments platform that provides a diverse suite of payment solutions for both individuals and companies, has partnered with ClearBank , the enabler of real-time clearing and embedded banking for financial institutions, to allow it to access the UK payment system for both local and cross-border transactions. The partnership with ClearBank allows Payset to offer improved business and individual accounts to clients in all of its supported jurisdictions.

Cross-Border 92

Cross-Border Accounts Payment Solutions Payments 92

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The Fintech Times

JULY 12, 2024

According to Statista , Asia Pacific (APAC) plays host to some of the biggest Bitcoin and Ethereum hodlers. As the popularity of digital currencies grows in the region, firms are looking to bridge the worlds of decentralised finance with traditional finance to make offerings more accessible to all. The latest organisations working towards this goal are CPIC Investment Management (HK) Company Limited (CPICIMHK), the Hong Kong-incorporated investment management subsidiary of China Pacific Insuranc

Digital Currency 64

Digital Currency APACS Blockchain Risk Management 64

Finextra

JULY 12, 2024

Forex is the world’s most lucrative market, and with the rapid rise of digitalization on a global sc.

Technology 59

Technology 59

The Fintech Times

JULY 12, 2024

Datapro , a provider of core banking systems and digital solutions, has partnered with Mastercard to enhance cross-border payment solutions for its customers in Latin America and the Caribbean. Mastercard’s latest Borderless Payments Report highlights the increasing consumer demand for quick and secure international money transfers. This collaboration aims to provide Datapro’s customers in Latin America and the Caribbean with fast, secure, and transparent cross-border payment solutions.

Visa 59

Visa Cross-Border Cross-Border Payments Payment APIs and Integration 59

Finextra

JULY 12, 2024

The Critical Importance of Archiving Digital Contracts and Signatures in the Context of European eID.

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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

Product

The Fintech Times

JULY 12, 2024

Independent technology provider BR-DGE has introduced a white-label payment orchestration solution tailored for payment acquirers, gateways and platforms. The solution offers a customisable tech stack, including connectivity, routing, tokenisation, and data reporting capabilities. It enables acquirers to expand internationally, optimise transaction routing and reduce friction for end customers, while platform providers can scale seamlessly without changing providers.

Value Added Service 59

Value Added Service Acquirers Payments Gateways 59

Finextra

JULY 12, 2024

Payset, an online payments platform that provides a diverse suite of payment solutions for both individuals and companies, has partnered with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to allow it to access the UK payment system for both local and cross-border transactions.

Cross-Border 59

Cross-Border Payment Solutions Transactions Payments 59

The Fintech Times

JULY 12, 2024

UK fintech has seen a lot of success in the last 10 years, creating over 75,000 jobs and becoming one of the strongest fintech markets globally. However, the last few years have shown a downward trend in fintech investment and 2024 is no different according to Innovate Finance , the UK fintech community representative. The total capital invested into fintech globally reached $15.9billion in H1’24.

FinTech 59

FinTech Innovation Finance Returns 59

Finextra

JULY 12, 2024

Datapro, a leading provider of core banking systems and digital solutions, recently collaborated with Mastercard to expand the integration of Mastercard Cross-Border Services, a solution within the Mastercard Move portfolio of money transfer solutions.

Cross-Border 59

Cross-Border Cross-Border Payments Visa Payments 59

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.

Payments

The Fintech Times

JULY 12, 2024

Buy now pay later’s (BNPL) impact on the payments world continues to grow as research from TransUnion , the global information and insights firm, reveals that 50 per cent of Americans have used BNPL loans at least once, and 40 per cent of those who haven’t, are likely or very likely to use them in the future. The research, conducted among 1,200 US consumers in the second quarter of 2024, explored the general usage and behaviour of consumers around BNPL loans.

BNPL 59

BNPL Research Financial Inclusion Consumer 59

Finextra

JULY 12, 2024

GoCardless, the bank payment company, has announced a strategic partnership with award-winning insurance software platform ICE InsureTech, to deliver faster and seamless automated payment collection for insurance companies in Australia and New Zealand.

Faster Payments 59

Faster Payments Payments Automation 59

The Fintech Times

JULY 12, 2024

In a move to reduce processing fees for independent pharmacies by over 30 per cent, UK-based payments fintech, Ryft , is providing its marketplace payment platform to digital pharmacy platform, Charac. By embedding fintech into the pharmaceutical apps at the point of service, Ryft is opening up revenue streams for independent community pharmacies and reducing processing fees.

Process 59

Process Consulting Underserved Facilitators 59

Finextra

JULY 12, 2024

Today, the global provider of embedded finance infrastructure, OpenPayd, announces its clients can now send and receive payments via Pix, the Brazilian real-time payment network.

Real Time Payments 59

Real Time Payments Embedded Finance Payment Networks Payments 59

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

Best Practices