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Cybersecurity matters a lot today, and it touches everyone around the globe. With hackers becoming smarter, protecting information has never been more critical. Now, imagine trying to stay safe online but not understanding the warnings because they’re not in your language. That’s where multilingual cybersecurity comes into play – it breaks down language barriers so everyone can understand how to protect themselves.
Publicity for the Republican National Convention, at a venue bearing Fiserv’s name, may raise the company’s profile, but also risks associating the payments player with polarizing partisan rhetoric.
The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) have signed a Memorandum of Understanding (MoU) to enhance bilateral cooperation in payment systems. This agreement was part of a visit to the UAE by Indonesian President Joko Widodo. The MoU was signed by Khaled Mohamed Balama, Governor of the CBUAE, and Perry Warjiyo, Governor of BI. It builds on a previous MoU from November 2023, which facilitated cooperation in payment systems and digital innovation, and supported the use of local c
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.
HERNDON, Virginia, July 18, 2024 – Same Day ACH reached new heights of payment volume and value as the modern ACH Network posted significant volume and value increases in the second quarter of 2024, Nacha reported. There were 8.3 billion ACH payments in the second quarter, an increase of 6.3% over the same time period in 2023. The dollar value of these ACH payments totaled $21.6 trillion, a 7% increase.
SWITCHED ON: MBTA is enabling public transport users to pay for travel using their contactless cards Public transportation users in the Greater Boston area will be able to use a contactless debit or credit card to pay for their fares on buses, Green Line trolleys, Mattapan Line trolleys, and at all gated subway stations from 1 August 2024, the Massachusetts Bay Transportation Authority (MBTA) has announced. “Riders with weekly or monthly passes or those who would like to continue to use th
SWITCHED ON: MBTA is enabling public transport users to pay for travel using their contactless cards Public transportation users in the Greater Boston area will be able to use a contactless debit or credit card to pay for their fares on buses, Green Line trolleys, Mattapan Line trolleys, and at all gated subway stations from 1 August 2024, the Massachusetts Bay Transportation Authority (MBTA) has announced. “Riders with weekly or monthly passes or those who would like to continue to use th
Allianz has announced plans to acquire a majority stake in Singapore’s Income Insurance through its subsidiary, Allianz Europe B.V. The pre-conditional voluntary cash general offer aims to purchase at least 51 percent of Income Insurance’s shares, pending regulatory approval. Allianz ‘s offer of S$ 40.58 per share values the 51 percent stake at approximately SG$ 2.2 billion (EUR 1.5 billion).
After months of deliberation, the finalists for the 2024 Finovate Awards have been selected! In categories ranging from “Best Alternative Investments Solution” to “Top Emerging Fintech Company,” more than 130 innovative companies and individuals have made the short-list. We are now set for an exciting autumn showdown when winners are announced at Finovate Fall 2024 in New York in September.
AGREEMENT: Apple is to open up access to the iPhone’s NFC functionality via Host Card Emulation The European Commission has agreed to accept Apple’s proposal to open up access to the iPhone’s NFC functionality via Host Card Emulation (HCE) — with modifications that will also make it possible for iPhones to support person-to-person and merchant transactions via SoftPOS. “The European Commission has made commitments offered by Apple legally binding under EU antitrust rules,
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
PT GoTo Gojek Tokopedia Tbk has announced the appointment of Simon Ho as its new Chief Financial Officer (CFO), effective 30th August. Following shareholder approval at the upcoming Extraordinary General Meeting of Shareholders (EGMS) on the same date, Ho will also join the company’s Board of Directors. Ho brings over 25 years of experience in financial management, corporate strategy, capital markets, and investor relations.
CONTACTLESS: Toronto public transport users can now add their Presto card to Apple Wallet Public transportation users in Toronto can now add their Presto transit card to Apple Wallet and then use their iPhone or Apple Watch to tap in and out of transit services across Canada’s Greater Toronto and Hamilton region. “This is the first time in Canada that a transit card is available in Apple Wallet, changing the game for customers,” regional transportation agency Metrolinx says. &#
DBS is set to deploy an Gen AI-powered virtual assistant, named “CSO Assistant,” to its 500 Customer Service Officers (CSOs) in Singapore by the end of 2024. The Gen AI-powered CSO Assistant aims to improve the efficiency and effectiveness of handling over 250,000 consumer and corporate customer queries each month. Developed in-house by DBS ‘s AI engineers, the CSO Assistant integrates a Large Language Model tailored to local languages with voice telephony and speech recognitio
For four years, Apple has been making its case to the EU that it is not monopolising the payments and technology markets by restricting who can use its tech. In order not to face heavy fines, Apple has allowed its rivals access to its tap-and-go payments technology through its NFC chip, free of charge. But how impactful will this be on the payments market and what consequences might Apple face as a result?
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.
Amid a challenging fundraising environment, 13books Capital has closed a new £121 million fund to invest in the founders building tomorrow’s fintech businesses.
Global payment orchestration platform FinMont has announced a new partnership with BitPay , the world’s largest provider of Bitcoin and cryptocurrency payment services. The strategic partnership will see the addition of cryptocurrency to the FinMont payment ecosystem allowing merchants to utilise payments from all cryptocurrencies. The founders of German airline, Hahn Air, launched FinMont to offer the travel industry a unique solution that, unlike other options available, streamlines not only B
Arta Finance, a U.S.-based digital family office for accredited investors, announced it has received a Capital Markets Services license from the Monetary Authority of Singapore. The platform will be open for Singaporean residents and other investors later this year. Those interested can join the waitlist here. This launch follows Arta’s expansion of its product offerings and its exit from stealth in 2022, backed by more than S$120 million from investors including Peak XV, Ribbit, and Coatu
It is now possible to quickly pick up a packet of flour or a bottle of wine around the clock – including weekends – in the village of Freckenfeld (Rhineland-Palatinate, Germany). The local village store had been closed since May 2023 and was recently reopened with a new operator and a new concept: as a 24/7 grocery store with self-service. To ensure a smooth operation, Diebold Nixdorf (NYSE: DBD) equipped the store called “Dorfladen Freckenfeld – Powered by EDEKA Paul” with two DN Se
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?
The rapid ascent of cryptocurrency has ushered in a new era of financial innovation, but it has also created novel challenges in combating financial crime. A recent comprehensive report by Chainalysis sheds light on the intricate world of crypto-related money laundering. The far-reaching study encompasses both crypto-native and non-crypto native methods, as well as strategies for prevention.
Buying a snack or premium beverage on Delta Air Lines flights just became quicker and easier for both flight attendants and passengers. Delta Air Lines and Elavon , a wholly owned subsidiary of U.S. Bank and one of the largest payments processors globally, now offer Tap to Pay on iPhone across all U.S.-based domestic flights, allowing travelers to pay simply and easily with contactless credit cards credit and debit cards, Apple Pay and other digital wallets.
MariBank, a digital bank licensed by the Monetary Authority of Singapore and a wholly-owned subsidiary of Sea Group, reported a significant rise in income for 2023, yet its losses also increased, as reported by DealStreetAsia. The digital bank saw its total income for the year ending 31 December 2023, surge over sixfold to S$10.1 million (approximately US$7.49 million) from S$1.6 million the previous year.
End-to-end payments platform, Ecommpay , has fully integrated the Click to Pay flow within its online payment interface. It is currently working with Mastercard to onboard a selection of existing customers into Click to Pay for a more secure and seamless payment process. Ecommpay merchants are already benefiting from reduced fraud and higher approval rates for their Card on File payments by leveraging network tokens for both online and in-app payments.
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
Zodia Markets, a digital asset trading firm backed by Standard Chartered, has acquired Elwood Technologies’ over-the-counter (OTC) trading business, Elwood Capital Management Ltd (ECML). The sale marks Elwood’s aim to focus on its institutional-grade SaaS products, including advanced Execution Management and Portfolio & Risk Management Systems.
Flutterwave , Africa’s leading payments technology company, is excited to be included in the top 250 fintech companies in the world by CNBC and Statista for the first time. The list, which also features global companies like Ali Pay, Klarna, Flywire, Robinhood and Mastercard highlights stand out companies for their achievements during the year. The list also honours and recognises companies that have contributed significantly to the transformation and innovation of the financial services industr
Valor PayTech , a leading innovator in the payments industry, is pleased to announce its strategic partnership with PayTech Women , an organization dedicated to expanding opportunities for women in payments and fintech. This collaboration signifies a commitment to fostering diversity and innovation within the technology and financial sectors. As part of this pioneering partnership, Valor PayTech will work closely with PayTech Women to empower female professionals through various initiatives, inc
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.
Bridging the gap between traditional finance and decentralised finance (DeFi) is a struggle firms have faced for years. Two firms combining forces to make this simple and more seamless are Global Digital Finance (GDF), the global members association and platform for open innovation in digital assets in financial services and the Global LEI Foundation (GLEIF), the global not-for-profit organisation.
The Ajman Transport Authority from the UAE has partnered with BPC, a global leader in payment solutions, to become the first authority in the UAE to implement modern payments technology on public transport buses, enhancing smart services within the transportation sector, through introduction of O-CITY , a solution for Smart Cities’ and mobility developed by BPC.
Truist cut jobs in core technology and operations following more recent pullbacks on tech at the institution. “We recently notified technology teammates about certain roles that will be impacted by Truist’s strategic initiatives,” a Truist spokesperson told Bank Automation News.
JTL-Software GmbH (JTL) , a leading German e-commerce solution provider, and the Dutch financial services provider Mollie are entering into a strategic partnership. The long-term partnership is the result of collaboration on individual projects since August 2023. It enables seamless integration of Mollie’s payment services into JTL’s e-commerce solutions and offers merchants enhanced payment options and an improved shopping experience for end customers.
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
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