November, 2023

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Just Published: PCI DSS v4.x Targeted Risk Analysis Guidance

PCI Security Standards

Risk analysis is a foundational tool to help organizations identify and prioritize potential threats and vulnerabilities within their environment. PCI DSS v4.0 introduced the concept of targeted risk analysis (TRA) with two different types of TRAs to provide entities with the flexibility to evaluate risk and determine the security impact of specific requirement controls, as appropriate for their environment.

PCI DSS 216
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Block to shrink workforce

Payments Dive

The company plans to cut about 8% of its workforce over the next year as Jack Dorsey steps up his efforts to improve efficiency and revive profits.

Blocks 213
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Top 5 Challenges and Smart Strategies for FP&A Teams

The Finance Weekly

How to Navigate FP&A Challenges for Enhanced Financial Effectiveness? Modern businesses are struggling with challenges related to their Financial Planning and Analysis (FP&A) teams. These teams need the right data, processes, and tools to plan and analyze effectively. However, the fast-changing business world makes it hard for them to keep up.

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Bridging the Gap: A Collaborative Approach to Blockchain & Crypto Partnerships with Shayaan Khanna…

Wharton Fintech

Bridging the Gap: A Collaborative Approach to Blockchain & Crypto Partnerships with Shayaan Khanna at Mastercard As recently as 2022, it seemed as though blockchain and cryptocurrency companies were about to reshape large swathes of the global financial sector right away. However, macroeconomic shifts and company-specific missteps have spurred heated discussion around whether blockchain will transform the internet, global commerce and financial services.

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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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Wind.app makes DeFi accessible to the average consumer

TechCrunch Fintech

Hussain Elius is best known as the co-founder of Pathao, one of Bangladesh’s top ride-sharing apps. For his latest startup, however, Elius is exploring the world of DeFi with Wind.app, a self-custodial, smart contract wallet with three main features. The first is enabling businesses to send payments to remote employees around the world. The second […] © 2023 TechCrunch.

Consumer 129
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Accelerating the Growth and Adoption of Digital ID With Lloyds Bank

Open Banking Excellence

The Digital ID market is new, exciting and potentially a major growth opportunity in the UK. Lloyds Bank recently joined this emerging space by releasing a new Digital ID app with Yoti – Lloyds Bank Smart ID. The app gives people a more private, secure and convenient way to prove their age or identity from their phone. It allows people to share specific information with businesses who request it – such as name, date of birth or an ‘over 18’ proof of age – without having to show physical id

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Shift4 CEO entertains acquisition interest

Payments Dive

CEO Jared Isaacman said the payment processing company is fielding acquisition interest from “several parties.

Process 187
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10 KPIs to Track Business Performance

The Finance Weekly

Why KPIs are Important to your Business? In managing a small business, it's important not to rely solely on your intuition. Key Performance Indicators (KPIs) play a crucial role, especially in , financial reporting. To assess your company's financial well-being, it's better to be objective rather than subjective. This ensures that decisions are based on information and data.

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David Haber, General Partner at a16z— Fintech through the lens of an operator, entrepreneur &…

Wharton Fintech

David Haber, General Partner at a16z— Fintech through the lens of an operator, entrepreneur & investor In today’s episode, Kailee Costello hosts David Haber , General Partner at Andreessen Horowitz. [link] In the episode, Kailee and David discuss: The outlook for FinTech: challenges and opportunities David: There’s still a tremendous amount of opportunity for FinTech across a lot of different categories.

FinTech 130
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Why last week felt like 2021 in fintech

TechCrunch Fintech

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Last week, we chronicled some big rounds in the fintech space, Intuit’s decision to shutter Mint and what that means […] © 2023 TechCrunch.

FinTech 127
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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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Evolution or Revolution? Preparing For The PSD3

Open Banking Excellence

It has been almost six years since the Second Payment Services Directive (PSD2) came into force and laid the foundations for Open Banking in the EU and UK. Now Europe is preparing for the introduction of a sequel to this game-changing regulation: the PSD3. However, this time the latest Payment Services Directive is accompanied by the Payment Services Regulation (PSR).

Non-Bank 130
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Strengthening Cyber Defenses with Multi-Factor Authentication

VISTA InfoSec

The need for robust cyber defenses has never been more prevalent. We live in a world where remote access to data is the norm, opening up additional vulnerabilities when protecting digital assets. Additionally, organizations need to comply with data privacy requirements including understanding Digital Personal Data Protection. Mutli-Factor Authentication (MFA) isn’t a new concept.

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PayPal tackles chargeback fraud

Payments Dive

PayPal is attacking illegitimate customer returns with new policies after a rise in e-commerce activity has fueled that type of fraud across the industry.

PayPal 183
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Top 8 AI Uses in Finance Embraced by FP&A Leaders

The Finance Weekly

AI is , transforming the finance sector, especially in financial planning and analysis (FP&A). Using machine learning algorithms is crucial to make FP&A functions more responsive, insightful, and efficient. Why Should FP&A Leaders Consider to Integrate AI? FP&A leaders experience , significant advantages when they embrace AI. From improved accuracy to gaining a competitive edge.

AI 130
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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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Blythe Masters, Founding Partner at Motive Partners?—?On the evolution of financial services

Wharton Fintech

Blythe Masters, Founding Partner at Motive Partners — On the evolution of financial services In today’s episode, I host Blythe Masters, Founding Partner at Motive Partners. Having had the pleasure of working with Blythe at Motive Partners this summer, I can guarantee this is will be a fascinating conversation. In this episode, we discuss Blythe’s career that spans three decades within financial services.

AI 130
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Yieldstreet to acquire real estate investment platform Cadre

TechCrunch Fintech

Alternative investment platform Yieldstreet announced today that it has agreed to acquire Cadre, an online real-estate-focused investment platform aimed at institutional and high net worth investors. Financial terms of the deal were not disclosed. Founded in 2015, Yieldstreet gives people a way to invest in areas like real estate, marine/shipping, legal finance, commercial loans and […] © 2023 TechCrunch.

Acquirers 124
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NatWest’s Proposal To Unlock the “Unmet” Potential of Open Banking

Open Banking Excellence

Guidance on incentives, expansions to the mandate and multi-party schemes from Stephen Wright, Head of Regulation and Standards, Bank of APIs, NatWest Group. The UK has not yet unlocked the true potential of Open Banking, even though we have made tremendous progress. Since Open Banking launched in January 2018, seven million consumers and businesses have used it.

Use Case 130
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Swift connects instant payment systems to bring 24/7 processing across borders

Finextra

Swift has connected domestic payment schemes across Europe to provide full transparency and end-to-end tracking for instant cross-border transfers destined for the EU.

SWIFT 118
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Top Strategies to Future-Proof & Sustain Your Merchant Services Portfolio

Build a sustainable merchant services portfolio with practical strategies to ensure long-term success. Diversify across industries to spread risk and stabilize income, balancing high-risk and low-risk clients for a robust mix. Combine large and small merchants to create a resilient payment portfolio, leveraging each type's strengths. Foster long-term relationships through exceptional service and personalized support.

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Treasury Prime creates instant payment rail

Payments Dive

The new payment rail allows fintech clients to move money between banks in milliseconds, the software company’s CEO said in an interview.

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Spotlight On: Soft Space, a New Principal Participating Organization

PCI Security Standards

Welcome Soft Space, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, Soft Space Chief Technology Officer Nicholas Lim introduces us to his company and how they are helping to shape the future of payment security.

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Luxembourg to trial digital identity wallet as part of EU pilot

NFCW

EGOVERNMENT: Luxembourg’s EUDIW pilot includes support for qualified electronic signatures EGOVERNMENT: Luxembourg’s EUDIW pilot includes support for qualified electronic signatures EGOVERNMENT: Luxembourg’s EUDIW pilot includes support for qualified electronic signatures Luxembourg’s Ministry for Digitalisation and Government IT Centre (CTIE) are to test a digital identity system that allows multiple official documents to be stored and exchanged across four use cases as part o

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Candex lands $45M infusion to grow its procurement management business

TechCrunch Fintech

Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by Goldman Sachs with participation from WiL (World Innovation Lab), Altos, NFX, Craft, JP Morgan, American Express and Edenred. The tranche brings Candex’s total […] © 2023 TechCrunch.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Myth or Reality? Unlocking Bank ID in the UK

Open Banking Excellence

Many people in the UK are opposed to a government-issued ID. In some sections of society there is still an innate aversion to the idea of government having a deeper sight of citizen transactions. This creates an opportunity for the financial services sector. Banks are in a very good position to play the role of the trusted party in an identity scheme.

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Streamlining Loan Approvals with Automated Credit Underwriting Software

Finezza

Recently, the RBI’s June Financial Stability Report revealed that retail loans in the Indian banking sector experienced an impressive compounded annual growth rate (CAGR) of 24.8% between March 2021 and 2023. A pivotal reason for this growth is the ongoing transformation of the traditional and time-consuming manual loan approval process, driven by the adoption of automated […] The post Streamlining Loan Approvals with Automated Credit Underwriting Software appeared first on Finezza B

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Stripe, Alaska Airlines to offer in-flight contactless payments

Payments Dive

Payments company Stripe said it’s the first time that an airline will use Apple’s contactless payments feature across an entire fleet.

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Spotlight On: Cartes Bancaires, a New Principal Participating Organization

PCI Security Standards

Welcome Cartes Bancaires, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, Cartes Bancaires’ Executive Vice President, Projects & Expertise Division Pierre Chassigneux introduces us to his company and how they are helping to shape the future of payment security.

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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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How to Switch PSPs without Re-accepting Credit Cards

Basis Theory

Merchants, especially online, have no choice but to contract with at least one payment service provider ( PSP ) to ensure they can execute transactions with credit cards and other payment methods. That said, simply continuing with a single PSP is no more logical than sticking with the same provider of any service forever: from time to time, any business must consider whether there are superior alternatives available.

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Indian central bank tightening consumer loans curb to impact startups

TechCrunch Fintech

India’s central bank has enforced several measures to cool down high growth in consumer credit in a move that will impact consumer spending and many startups in the South Asian market, industry executives said. The Reserve Bank of India raised risk weights on unsecured personal loans, credit card, consumer durable loans by banks and non-banking financial companies […] © 2023 TechCrunch.

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Subscription alchemy: How to build lasting customer loyalty 

Chargebee

Customer loyalty is like gold dust in today’s volatile economic landscape. With inflation reaching decades-high levels, customers are adjusting their buying habits and have no qualms about switching to more cost-effective brands to get the deals and benefits that matter to them. Price isn’t the only deciding factor for consumers. What makes a brand’s relationship with customers really unique is the ongoing value exchange.

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Power Play: Germany’s Thriving Online Gaming Market

Segpay

8 minute read Germany, known for its solid cars, innovative engineering, rich culture, and love for sports, has emerged as a powerhouse in the European online gaming industry. Over the past few years, Germany’s online gaming market has grown remarkably, driven by a combination of factors, including regulatory changes, technological advancements, and shifting consumer preferences.

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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