March, 2024

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Protecting Customer Data: Key Principles Every Company Should Know

VISTA InfoSec

In the digital age, protecting customer data is a cornerstone of trust and reliability between a company and its consumers. As cyber threats loom larger and data breaches become more frequent, safeguarding sensitive information cannot be ignored. Companies that excel in data protection comply with stringent regulations and gain a competitive edge by building solid relationships with their customers.

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Highest Paid CFOs in the World in 2024

The Finance Weekly

Big companies used to hog all the CFO action, but now even small and medium-sized businesses are jumping on the bandwagon. Why the sudden CFO craze? Well, CEOs are cluing in on the fact that having a financial expert on board can steer their ship in the right direction and spur business growth. In a nutshell, companies are starting to view CFOs as smart investments rather than just expenses.

Finance 244
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PCI DSS v4: What’s New with Self-Assessment Questionnaires

PCI Security Standards

With the upcoming retirement of PCI DSS v3.2.1 on 31 March 2024 , organizations will be transitioning to new validation documents for their PCI DSS v4 assessments. In this Q&A with PCI Security Standards Council’s Director of Data Security Standards Lauren Holloway, we look at some of the key changes in the PCI DSS Self-Assessment Questionnaires (SAQs) for version 4 and what organizations using SAQs need to know.

PCI DSS 206
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Visa spends ‘billions’ battling cybersecurity threats

Payments Dive

“We are all in an arms race to protect this ecosystem, to protect the network,” Visa CEO Ryan McInerney said at an investor conference last week.

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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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How to maximize agility and automation with rules-based payment processing

Payments Next

By Michael Meeks, CTO of BHMIThe payments industry is changing so rapidly that many payment processing companies are struggling to keep pace. The post How to maximize agility and automation with rules-based payment processing first appeared on Payments NEXT.

Rules 179
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Open Energy is Open for Business

Open Banking Excellence

A look at four of Australia’s Open Energy use cases While the world has taken Europe’s lead on Open Banking, Australia started with an economy-wide approach informed by the Consumer Data Right (CDR), which implemented economy-wide Open Data. It started with Open Banking, moved onto Open Energy and is now taking aim at other industries too. Australia’s Open Energy programme went live with 20 energy providers in November 2023, and the use cases are starting to take shape.

Use Case 147

More Trending

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Teranode Realises the Potential of Blockchain Technology

The Fintech Times

Blockchain, heralded for its potential to transform industries, is currently undergoing a divergence from its original vision, marked by a prioritisation of speculative interests over core principles like scalability and decentralisation. Calvin Ayre, venture capitalist and founder of Ayre Group, a global enterprise supporting real estate projects, businesses, and technologies, shares insights centred on the BSV Blockchain’s Teranode scaling solution.

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Railsr proposes merger with Equals Group

Finextra

Embedded Finance, Railsr's parent company, has approached Equals Group for a merger of the two companies, Sky News reports.

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Banking apps fall short on fraud protections: report

Payments Dive

Consumer Reports Senior Director Delicia Hand said preventing fraud and scams is "crucial" for traditional and digital banks alike, as more of their customers use their mobile apps.

Scams 183
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63% of US Businesses Will Use ISO 20022. Financial Institutions are Not Ready to Meet Demand

Fintech Finance

The impending March 2025 migration deadline of FedWire to the ISO 20022 standard by all financial institutions (FIs) presents a strategic opportunity to revolutionize their payment infrastructure and services, according to a new Datos report, sponsored by Finzly , the pioneering provider of modern payments systems. According to the Datos survey of US corporate finance professionals from 1,037 midsize and large organizations, around 57% are interested in using automated payables and receivables s

ISO 20022 144
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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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How revamping Open Banking’s economic model will drive greater collaboration and innovation

Open Banking Excellence

A convergence of regulations and market developments this year are providing the building blocks that could put the Open Banking ecosystem on a more sustainable path for growth. With the Joint Regulatory Oversight Committee (JROC) laying the foundation to unshackle Open Banking Limited from the Competition and Markets Authority order, this will enable a more viable funding model and help transform Open Banking into Open Finance, says Stephen Wright, Open Banking Lead at NatWest.

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Robinhood’s new credit card goes after Apple Card with ability to invest cash-back perks

TechCrunch Fintech

Eight months after acquiring credit card startup X1 for $95 million, Robinhood announced today the launch of its new Gold Card, with a list of features that could even give Apple Card users envy. Robinhood, better known for its brokerage app aimed at the everyday investor, is touting all sorts of benefits with its new […] © 2024 TechCrunch. All rights reserved.

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A List of Digital Banks in Asia

Fintech News

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services. This is particularly prevalent in developing markets, while in more mature markets, commercial banks often fall short in delivering a personalised and streamlined digital experi

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EU banks worried about 'unrealistic' instant payment deadlines

Finextra

A third of EU banks do not currently offer an instant payments service and the majority have been discouraged by the January 2025 deadline, according to recently published research.

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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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Visa, Mastercard reach landmark credit card settlement

Payments Dive

The two biggest U.S. card networks agreed to cap interchange fees for five years, among other terms, to settle merchant litigation that has lasted nearly two decades.

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Tap to Pay on iPhone Now Available for Venmo and PayPal Zettle Businesses in the U.S.

PayPal

Tap to Pay enables businesses to accept contactless card and digital wallet payments directly on their iPhones with no additional cost or hardware.

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PayTech Awards

Open Banking Excellence

28th June 2024 Live Event Linkedin Twitter PayTech Awards Nominations for 2024 awards are now open! The PayTech Awards have entered their seventh year! Nominations are now officially open, and mark your calendars for the grand ceremony set to take place at the iconic Merchant Taylors’ Hall in London on the 28 of June 2024. Nominations are open to companies based anywhere in the world and close on 29 March 2024.

Posting 130
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Nsave gets $4M to enable people from unstable economies open offshore accounts

TechCrunch Fintech

Nsave, a fintech based in Geneva making banking in Switzerland accessible to people in countries at war or those with unstable banking sectors or facing high inflation, has raised $4 million seed funding. The round was co-led by Sequoia Capital and TQ Ventures with participation from Y Combinator, SV Angel and FONGIT: the State of […] © 2024 TechCrunch.

Economy 136
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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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Singapore Continues Suspension to Safeguard Remittances to China

Fintech News

The Monetary Authority of Singapore (MAS) has announced an extension to the ongoing suspension affecting remittances to China. This suspension, now extended until 30 September 2024, pertains to the use of non-approved channels by remittance companies for transferring funds to the People’s Republic of China (PRC). The initial decision to halt these specific transactions came after instances where remittance sent to China were being unexpectedly frozen in the recipient’s bank accounts,

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Digital wallets play key role in US lawsuit against Apple

Finextra

The US has filed a lawsuit against Apple, accusing the firm of monopolising the smartphone market through a host of actions, including the blocking of third-party apps from offering contactless payments.

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X lands money licenses in Illinois, New Mexico

Payments Dive

The social media platform is now nearly halfway to securing the state licenses needed to fulfill owner Elon Musk’s vision of a nationwide payments app.

Security 179
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PCI DSS Requirement 10 – Changes from v3.2.1 to v4.0 Explained

VISTA InfoSec

Keeping track of who is accessing your systems and data is a critical part of any security program. Requirement 10 of the PCI DSS covers logging and monitoring controls that allow organizations to detect unauthorized access attempts and track user activities. In the newly released PCI DSS 4.0, Requirement 10 has seen some notable updates that expand logging capabilities and provide more flexibility for merchants and service providers.

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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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Europe FinTech Awards

Open Banking Excellence

11th July 2024 Live Event Linkedin Twitter Europe FinTech Awards Welcome to the Europe FinTech Awards Europe is home to many of the world’s premier financial services centres and a burgeoning financial technology market. These awards were developed to celebrate this incredible community, and the achievements and successes of Europe’s best and brightest.

FinTech 130
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‘Banking-as-a-Service’ startup Griffin raises $24M as it attains full banking license

TechCrunch Fintech

Founded by former Silicon Valley engineers, UK-based Griffin Bank, has now raised $24 million (£19 million) in a fresh, extended Series A, funding round. © 2024 TechCrunch. All rights reserved. For personal use only.

FinTech 136
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The Rise and Fall of BNPL: Is the Due Date Near for ‘Pay Later’ Services?

Fintech News

The global flirtation with Buy Now Pay Later (BNPL) services seems to be coming undone, as new data on consumer payments unveils a significant drop in the appetite for this contentious credit payment approach. BNPL experienced a surge and became the favourite of venture capitalists during lockdowns as e-commerce shoppers, idle at home, seized the opportunity of short-term finance to distribute the expense of both impromptu and deliberate online buys across several payments.

BNPL 130
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Worldcoin banned in Portugal over privacy concerns

Finextra

Worldcoin, the crypto biometric project fronted by OpenAI boss Sam Altman, has been temporarily banned in Portugal over data privacy concerns.

Privacy 134
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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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Cash App enforcement action expected this year

Payments Dive

Federal regulators reviewing whistleblower allegations related to Block’s Cash App may act on the complaints this year, predicted an attorney for the complainants.

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Survey Reveals: The Top SaaS Solutions Redefining Finance Departments in 2024

The Finance Weekly

One of the questions we frequently receive from our readers is, "Which SaaS solution will have the biggest impact on my company?" Given the multitude of answers and approaches available online, we've decided to provide a definitive answer. Over the past few weeks, we conducted a survey involving more than 2,450 CIOs, IT directors and enterprise application directors.

Finance 130
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The Global FinTech Awards

Open Banking Excellence

22nd October 2024 Live Event Linkedin Twitter The Global FinTech Awards Welcome to the Global FinTech Awards 2024 NEW FOR 2024! The Global FinTech Awards launch at FinTech LIVE London. Recognising and celebrating innovative solutions in the finance and insurance technology industry, the FinTech Award Programme honours companies, startups and individuals demonstrating exceptional creativity, technological advancements and industry leadership.

FinTech 130
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Non-sexy industries can appeal to investors too

TechCrunch Fintech

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at some hot fintech startups in Africa, how Mint’s closure has been Copilot’s gain and why VCs have doubled down on a particular expense management startup. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday […] © 2024 TechCrunch.

FinTech 136
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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