Payments Dive

SEPTEMBER 23, 2024

The tech giants are inserting themselves into more retail transactions to build loyalty and harvest customer data.

Transactions 177

Transactions Payments 177

The Finance Weekly

SEPTEMBER 22, 2024

Every budgeting season brings a chance to push your business forward into the new year. Of course, there are plenty of challenges to juggle as you balance all your company's needs and goals. With 2024 coming to a close and the 2025 budgeting season around the corner, the pressure is really on you and your finance team! Common Pitfalls Ahead Familiarizing yourself with these challenges will help you prepare for the 2024 budgeting season and set your organization up for success.

Cybersecurity 173

Cybersecurity Best Practices Automation Compliance 173

Open Banking Excellence

SEPTEMBER 27, 2024

Mexico in Focus: Open Banking and Financial Inclusion A briefing for banks and fintechs, with key insights and details of the opportunities available in LatAm’s third-largest nation. Open Banking represents an important possibility for both financial institutions and the Mexican population. Today, a significant portion of the Mexican population has limited or no access to traditional banking services.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147

Fintech News

SEPTEMBER 22, 2024

Financial institutions around the world are facing a surge in fraud and cyberattacks. A new report by LexisNexis Risk Solutions explores the state of digital fraud, revealing a 17% increase in digital fraud attacks within the financial services sector in 2023. According to the report, human-initiated attacks in financial services rose to 1.2% last year, up 8% year-over-year (YoY).

Accounts 143

Accounts Scams Bots Account Takeovers 143

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

Payments Dive

SEPTEMBER 24, 2024

The card network may soon be sued by the Department of Justice over its debit card practices, according to multiple news reports citing anonymous sources.

Debit Card 166

Debit Card 166

Fintech Finance

SEPTEMBER 24, 2024

Finastra has announced that First Pacific Bank , a Southern California-based community bank that offers custom financial solutions for individuals and businesses, has selected Finastra Payments To Go to modernize its payments infrastructure. The cloud-based, SaaS payments hub solution will help the bank to deliver FedNow send and receive services 24/7, support ISO 20022 compliance, and enable its projected growth.

ISO 20022 135

ISO 20022 Instant Payments FedNow ISOs 135

Open Banking Excellence

SEPTEMBER 27, 2024

10th October 2024 Live Event Linkedin Twitter 'Innovation Driving Growth' A FinTech as a Force for Good Forum Join us for our annual ‘FinTech as a Force for Good Forum’ as we explore FinTech’s role in supporting consumers through economic uncertainty, as well as its ability to help drive forward the wider ESG agenda. We look forward to welcoming FinTech founders, financial services institutions, policy-makers and regulators, professional services firms, investors, and international hubs for a on

Innovation 130

Innovation FinTech Financial Inclusion AI 130

Payments Dive

SEPTEMBER 26, 2024

The international wire transfer company has restarted some services after a cyberattack, but is battling to fulfill transactions after taking its systems offline for much of the week.

Wire Transfer 158

Wire Transfer Wire Wires Transactions 158

Fintech News

SEPTEMBER 22, 2024

Indonesia’s GoTo Group has partnered with Chinese multinational tech conglomerate Tencent to enhance its cloud infrastructure and digital services. Under the five-year agreement, Tencent Cloud will provide GoTo with a range of cloud solutions and Platform as a Service (PaaS) offerings, aimed at strengthening GoTo’s enterprise and consumer-focused services.

Agreements 125

Agreements Compliance Regulations Technology 125

VISTA InfoSec

SEPTEMBER 25, 2024

As businesses continue to evolve in their customer service strategies, Contact Center as a Service (CCaaS) solutions have emerged as an effective tool for enhancing customer experience. These cloud-based platforms offer flexibility, scalability, and access to advanced technologies, making them a popular choice for organizations of all sizes. However, transitioning to CCaaS requires careful planning to ensure a smooth implementation process.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

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

Open Banking Excellence

SEPTEMBER 25, 2024

23-24th October 2024 Live Event Linkedin Twitter NexGen Banking Summit The NexGen Banking Summit , scheduled for October 23rd and 24th, 2024 at the Hilton Hotel in London, brings together industry leaders, banking institutions, and technology companies. This pivotal event explores how cutting-edge technologies—such as AI, biometrics, and open banking—are reshaping the financial landscape.

Regulatory Compliance 130

Regulatory Compliance Fraud Prevention Cybersecurity AI 130

Payments Dive

SEPTEMBER 24, 2024

The company, which offers payments processing software, has kept its plans close to the vest, but industry insiders say they’ve seen clues.

Process 158

Process Payments 158

Finextra

SEPTEMBER 22, 2024

PayPal has used its own stablecoin to make an additional investment in blockchain risk management specialist Chaos Labs.

Risk Management 124

Risk Management Stablecoins PayPal Blockchain 124

VISTA InfoSec

SEPTEMBER 25, 2024

The world can be just as much of a marvelous place, as it can be a dangerous one. And the same can be said about the online one, where you need to focus on your safety just as much but in a different way. For those wondering how to approach this, make sure to keep reading as well be covering everything you need to know about cybersecurity. The Importance of Staying Informed As we become increasingly reliant on technology, more of us are spending extended periods of time online and attached to on

Cybersecurity 130

Cybersecurity Encryption Scams Cryptocurrency 130

Advertisement

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?

Use Case

Open Banking Excellence

SEPTEMBER 23, 2024

23-24th October 2024 Live Event Linkedin Twitter ASEAN Symposium Be inspired by women making waves in the ASEAN payments industry and beyond. Join us at the 2024 Symposium! Our theme for this year is “ Leading Through Volatility “ Our keynotes, panels, and break-out sessions will help strengthen your skills while keeping you on top of industry trends.

Payments 130

Payments Industry Trends Payment Issues FinTech 130

Fintech News

SEPTEMBER 24, 2024

Indonesia’s GoTo Group has unveiled Dira, an AI-powered voice assistant integrated into the GoPay app. Dira understands and responds to commands in Bahasa Indonesia, leveraging Google Cloud’s generative AI technologies, including Vertex AI, speech-to-text AI, and the Gemini 1.5 Flash large language model. GoPay is GoTo’s digital wallet and payment platform widely used across Indonesia.

AI 120

AI Economy Innovation Technology 120

Finextra

SEPTEMBER 24, 2024

The US Justice Department has sued Visa, accusing the payments giant of illegally monopolising debit network markets.

Debit Card 119

Debit Card Debit Network Payments 119

Payments Dive

SEPTEMBER 27, 2024

The venture between the payments processor and the bank will expire in April, prompting a cash payment from one to the other.

Processors 113

Processors Payments 113

Advertisement

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.

Payments

Open Banking Excellence

SEPTEMBER 23, 2024

21-22nd November 2024 Live Event Linkedin Twitter Australia Symposium Be inspired by women making waves in the Australia payments industry and beyond. Join us at the 2024 Symposium! Our theme for this year is “ Growth Powering Payments “ Our keynotes, panels, and break-out sessions will help strengthen your skills while keeping you on top of industry trends.

Payments 130

Payments Industry Trends Payment Issues FinTech 130

Fintech News

SEPTEMBER 25, 2024

Commonwealth Bank of Australia ( CBA ) has announced the sale of approximately 5% of its shares in Vietnam International Commercial Joint Stock Bank (VIB). The transaction, executed on 24 September 2024, is expected to generate gross proceeds of approximately A$160 million (US$ 109.5 million) for CBA. CBA has been a shareholder in VIB since 2010, contributing to its development as a joint-stock commercial bank in Vietnam.

Transactions 117

Transactions FinTech Posting 117

Finextra

SEPTEMBER 24, 2024

Klarna has joined forces with accountancy software provider Xero to enable small businesses to accept buy now, pay later payments.

Small Business 118

Small Business BNPL Accounts Payments 118

Finezza

SEPTEMBER 24, 2024

The launch of UPI in 2016 has transformed the financial landscape in India. However, there remained a gap in how the credit was accessed. India’s credit access and repayment system is a lengthy and cumbersome process that feels like a trap more than a solution. The introduction of CLOU (Credit Line on UPI) is set […] The post Revolutionising EMIs: How CLOU (Credit Line on UPI) is Redefining India’s Credit Landscape appeared first on Finezza Blog.

Process 111

Process Posting FinTech 111

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

The Fintech Times

SEPTEMBER 22, 2024

Payments giant Mastercard has partnered with Kenyan mobile network operator Safaricom , to accelerate the adoption of payment acceptance and cross-border remittance services across Kenya. Through the Mastercard and Safaricom partnership, the two entities hope to benefit the 636,000 merchants in Kenya using M-PESA, Safaricom’s mobile money service and the preferred way to make a payment across Africa.

Visa 110

Visa Cross-Border Payment Solutions Economy 110

Fintech News

SEPTEMBER 25, 2024

Digital banking software provider Backbase has expanded its Engagement Banking Platform with the introduction of the Intelligence Fabric. This embeds advanced AI and data infrastructure to enhance productivity in customer service and sales operations. A key feature is Agentic AI, which enables banks to deploy AI agents that autonomously manage customer journeys and workflows.

AI 117

AI Non-Bank Compliance Payment Gateways 117

Finextra

SEPTEMBER 26, 2024

Visa has signed a definitive agreement to acquire British AI-powered financial fraud fighting outfit Featurespace for an undisclosed sum.

Agreements 115

Agreements Acquirers AI 115

Segpay

SEPTEMBER 24, 2024

So much of our industry is tied to Visa and Mastercard to support consumer payments. We’re all also tied to the increased scrutiny of both brands. The bar, from a compliance perspective, keeps getting raised. It feels like we’re spending half our time making sure we are compliant versus growing our business. While I don’t blame Visa or Mastercard for putting controls in place, as they also suffer from supporting our industry.

Accounts 105

Accounts Online and Mobile Banking Payments Authentication 105

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

SEPTEMBER 26, 2024

India-based Web3 association, Bharat Web3 Association , is expanding into Australia, after signing agreements with the Digital Economy Council of Australia (DECA), the voice for businesses and innovators utilising blockchain and distributed ledger technology (DLT), and Asosiasi Blockchain Indonesia , a non-profit organisation looking to mobilise blockchain technology in the region.

Distributed Ledger Technology (DLT) 107

Distributed Ledger Technology (DLT) Blockchain Cross-Border Best Practices 107

Fintech News

SEPTEMBER 23, 2024

Five applicants have submitted bids for a virtual bank license, according to Somchai Lertlarpwasin, Assistant Governor of the Financial Institutions Policy Group at the Bank of Thailand (BOT). The submission window, which closed on 19 September 2024, followed a call from the Ministry of Finance and the BOT for interested parties to apply. While the BOT has not yet confirmed the names of the applicants, reports suggest that a consortium led by Gulf Energy Development, which includes Krungthai Ban

Central Bank 116

Central Bank Bots Caps Assessments 116

Finextra

SEPTEMBER 26, 2024

The Bank of England (BoE) is calling on financial services firms to join its artificial intelligence (AI) consortium designed to oversee the use of the technology within the sector.

AI 111

AI Technology 111

FloQast

SEPTEMBER 25, 2024

The accounting profession is at a crossroads. We’ve all seen the stats, and they’re alarming. 75% of CPAs set to retire in the next 10 years Accounting majors from 2021-2022 dropping 18% from the previous decade — and 7.8% year over year 55% of CFOs reporting that finding talent with required skills TOP concern So…why? Accountants are burning out, and that’s obvious.

AI 105

AI Accounts Reconciliation Automation 105

Advertisement

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

AI