Sat.Dec 14, 2024 - Fri.Dec 20, 2024

article thumbnail

Why it’s time to think broader than just payments: In conversation with Trust Payments

The Payments Association

Trust Payments CEO Laurence Booth emphasises the need for payment service providers to move beyond transaction processing, leveraging digitisation and personalisation to deliver seamless, data-driven experiences in an evolving consumer and regulatory landscape. The payments industry is at a turning point. Consumer expectations are evolving rapidly, and merchants are racing to keep up.

article thumbnail

Visa Ramps Up AI-Powered Fraud Prevention During Holiday Shopping Globally

Fintech News

Visa announced that its fraud prevention system blocked nearly 85% more suspected fraudulent transactions globally this Cyber Monday compared to the same day last year. This year, suspected fraudulent activity surged by 200% worldwide over the holiday weekend, with fraudsters increasingly turning to advanced AI tools to target both physical and digital transactions.

article thumbnail

Kuady Partners With MeridianBet (GMGI) to Power Seamless Payment Experience in LatAm

Fintech Finance

Kuady , a payments service processor for Latin America, has today announced a new partnership with global sports betting and gaming provider MeridianBet. The integration will enable MeridianBet users in Latam to access Kuadys full suite of payment features, offering real-time deposits and withdrawals to enhance the betting experience. The MeridianBet partnership signals a strategic step towards delivering a faster and more seamless customer experience in Latam.

article thumbnail

Payment Stats That Will Blow Your Mind (and Change Your Strategy)

Clearly Payments

It’s the end of 2024 and the payments industry isnt just evolving its undergoing a seismic shift thats changing how the world does business. From crazy numbers to transformative technologies, the stats behind todays payment trends are more than just impressive; theyre a roadmap to the future. Whether its the meteoric rise of mobile wallets or the staggering costs of abandoned carts, these insights reveal opportunities that can redefine your strategy.

BNPL 105
article thumbnail

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.

article thumbnail

Skipify and Mastercard to bring flexible payment options to shoppers with new installments product

The Payments Association

At Skipify , our vision is simple: provide shoppers the ultimate choice and flexibility at checkout. Whether paying with a credit or debit card, splitting payments across cards, or using alternative financing options, we believe in empowering consumers at the moment of purchase with every payment method possible. Powered by Skipifys Commerce Identity Cloud, merchants can now offer a wide range of payment options seamlessly without any upheavals to their existing checkout experience.

Visa 88
article thumbnail

Cool Japan Fund Invests US$25 Million in Funding Societies

Fintech News

Funding Societies | Modalku, a Southeast Asian SME digital finance platform, has raised a US$25 million equity investment from Cool Japan Fund (CJF), Japans sovereign wealth fund. This marks CJF’s first investment in a fintech company in the region. The investment will be used to strengthen Funding Societies ‘ core business of SME financing across its five markets (Singapore, Indonesia, Malaysia, Thailand, and Vietnam) and to further expand its payments business.

Finance 113

More Trending

article thumbnail

The Evolution of Open Finance Through the Lens of CBI

The Fintech Times

As digitalisation reshapes finance, the industry is transitioning beyond traditional open banking into a comprehensive open finance model, enhancing both access and transparency for consumers. CBI, led by managing director Liliana Fratini Passi, plays a pivotal role in this transformation. The fintech, which serves as an industry utility with over 30 years of experience, spearheads the creation of innovative digital platforms that support the integration of open banking and finance, crucial for

Finance 115
article thumbnail

What is Geolocation-Based Fraud Prevention?

Fi911

Geolocation is the process of identifying the geographic location of a device, user, or object using data such as GPS coordinates, IP address, Wi-Fi positioning, or cell tower triangulation. This technology enables devices to determine their exact location in real time, which is commonly utilized in applications like navigation, location-based services, and geotagging.

article thumbnail

Yuno Bridges the Gap in Asia Pacific’s Fragmented Payment Ecosystem

Fintech News

During a recent trip to China, Yuno Co-founder and CEO Juan Pablo Ortega ordered his go-to Starbucks drink a Venti Cold Brew and reached for his credit card. This routine transaction turned into an awkward exchange, when he was met with surpriseand even a hint of annoyancefrom the cashier. The reason? Credit cards are practically a relic of the past in China, with QR code payments via AliPay and WeChat Pay now already accounting for a collective 92% share in Chinas massive payments market.

APACS 109
article thumbnail

Thredd Strengthens Global Leadership With Strategic Senior Appointments

Fintech Finance

Thredd , a leading next-generation global payments processor, today announced four strategic senior appointments to its leadership team, reinforcing its commitment to delivering world-class expertise in supporting fintech organisations and programme managers worldwide. Patricia Haynes, Thredds new Senior Vice President of Platform, is a seasoned technology leader with extensive experience in highly regulated global environments and scaling up technology operations.

APACS 97
article thumbnail

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

article thumbnail

Paymentology’s predictions for 2025

The Payments Association

Payment technology and innovation are accelerating across the fintech industry, with more companies recognising the importance of adapting to changing customer needs, with non-cash transactions projected to hit 2.3 trillion transactions by 2027. Undoubtedly, fintech and payments will continue to serve as pivotal forces shaping the financial landscape, but what trends will define the market next year?

article thumbnail

NFC Forum to support the introduction of digital product passports with new NFC tag standards

NFCW

FORUM: Mike McCamon explains how multiple NDEF records will work on a single NFC tag The NFC Forum is to support the EU’s introduction of digital product passports by defining additional standards that will make it possible for NFC tags to be used to process on-product DPPs, enable offline access to dynamic DPP data and provide additional anti-tampering features.

Product 107
article thumbnail

Metal Cards: Transforming Asia Pacific’s Payments Landscape, and Redefining Customer Acquisition and Retention

Fintech News

While European, American and Chinese markets have largely found their digital banking champions in Revolut, Chime, and WeBank, competition in Southeast Asias digital banking remains fierce as regulators continue to roll out digital banking licenses to both neobanks and traditional countinghouses. The pandemic proved to be a boon for e-wallet growth, and since then some of the regions largest super apps and e-wallets have taken the leap into becoming licensed digital banks, including GXBank, Bank

Issuers 120
article thumbnail

Visa Unveils 2025 Payment Trends, Shaping Vietnam’s Digital Landscape

Fintech Finance

Visa , a global leader in digital payments, convened the Digital Future Forum 2024 in Hanoi, showcasing the latest payment trends and innovations shaping Vietnam’s digital landscape. This forum, part of Visa’s annual client appreciation event, underscored Visa’s commitment to driving Vietnam’s digital transformation, with a focus on AI’s role in enhancing security and personalizing customer experiences.

article thumbnail

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?

article thumbnail

Chainalysis Acquires Web3 Security Company Hexagate

Finovate

Blockchain data platform Chainalysis has acquired web3 security solutions provider Hexagate. Terms of the deal were not disclosed. The acquisition aligns with Chainalysis’ mission to build trust in blockchain ecosystems by integrating Hexagate’s machine learning-based threat detection and prevention technology, benefiting chains, protocols, and exchanges.

Acquirers 101
article thumbnail

Ripple launches USD-denominated stablecoin with global partners and enhanced compliance

The Payments Association

Ripple, the leading provider of digital asset infrastructure for financial institutions, announced that Ripple USD (RLUSD) will be available on global exchanges starting December 17, 2024. RLUSD is an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripples years of experience working with crypto and the existing financial system.

article thumbnail

Over 130 Top Fintech Execs, Regulators to Headline Money20/20 Asia 2025

Fintech News

Money20/20 Asia has unveiled its initial lineup of over 130 speakers for its upcoming event in Bangkok, Thailand, scheduled to take place on 22-24 April 2025, at the Queen Sirikit National Convention Center. The speakers represent over 25 countries, highlighting the event’s international scope. The event is expected to bring together leading regulators, fintech executives, banks, and industry disruptors from across the Asia-Pacific region to discuss trends and innovations shaping the finan

article thumbnail

Nordic Fintech Two Collaborates With Leading Dutch Banking Leader ABN AMRO to Modernise B2B E-Commerce Payments

Fintech Finance

Two , a European leader in B2B payments technology today announces a strategic collaboration with ABN AMRO , a leading financial institution in the Netherlands. Together, they are launching a state-of-the-art Pay on Invoice solution, designed to bring seamless, secure, and flexible payment options to B2B e-commerce transactions. Businesses can now offer 30-day net terms on purchases at the click of a button, enabling better cash flow management and financial flexibility.

B2B 98
article thumbnail

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.

article thumbnail

ROI of AI: Is the juice worth the squeeze?

Bank Automation

C-suite executives at financial institutions are implementing AI and generative AI throughout their organizations, but as experimentation turns into application, the question is: Is the juice worth the squeeze? Ninety-eight percent of industry leaders say integrating AI into their strategies will drive a 52% increase in revenue during the next five years.

AI 96
article thumbnail

Explore the payments legal outlook for 2025

The Payments Association

We are pleased to launch our globalLegal Outlook 2025, which explores key legal and regulatory developments we expect to see in tech, fintech and payments over the coming year. Fintech & Payments Legal Outlook This publication focuses on global opportunities and risks in finance innovation, including digital market infrastructure, tokenization, cryptoassets, new forms of digital money, instant payments, and open banking.

Legal 88
article thumbnail

Top Stories That Shaped Indonesia’s Fintech Scene in 2024

Fintech News

In 2024, Indonesia’s fintech scene reached new heights, with one of the top highlights being. This milestone marked a pivotal moment for the country’s financial inclusion efforts. From regulatory shifts to technological breakthroughs, here’s our pick of the top Indonesia fintech stories 2024 that shaped Indonesias fintech landscape.

FinTech 117
article thumbnail

Juicyway Emerges From Stealth With $3m Pre-seed to Revolutionise Cross-border Payments for Africans

Fintech Finance

Juicyway , a leading payment startup using stablecoin technology to transform cross-border payments connecting people and businesses to the global economy, has launched out of stealth mode and announced a $3M pre-seed round led by P1 Ventures , with participation from Ventures Platform , Future Africa , Magic Fund , Andrew Alli , Gbenga Oyebode , Tunde Folawiyo , Microtraction , and others.

article thumbnail

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.

article thumbnail

CFPB sues Early Warning Services over Zelle

Payments Dive

The federal agency sued the operator of the pay-by-bank service as well as three bank owners, alleging they let fraud "fester" on the digital system.

Zelle 179
article thumbnail

Dialect announces new strategic partnership with Synalogik

The Payments Association

Dialect, the payments specialist business outsource provider and Synalogik , the data aggregation and fraud prevention platform, are pleased to announce their new strategic partnership. The partnership leverages Synalogiks APP Fraud prevention solution and Dialects specialist customer remediation services to deliver a comprehensive and seamless end-to-end APP fraud prevention and customer management offering for payments firms and financial institutions.

article thumbnail

Wise to Power Morgan Stanley’s Cross-Border Payments for Corporate Clients

Fintech News

Morgan Stanley has partnered with Wise Platform to enhance its cross-border payment capabilities for corporate and institutional clients. The collaboration makes Morgan Stanley the first investment bank to offer foreign exchange international settlements through Wises infrastructure. By leveraging Wise Platforms technology and pairing it with Morgan Stanleys integrated approach, the bank aims to provide fast, cost-effective, transparent, and easy international payment solutions for its sophistic

article thumbnail

PayU First Payment Gateway in Colombia to Integrate Google Pay

Fintech Finance

In a landscape where speed and security are essential for consumers, PayU sets a milestone by becoming the first payment gateway in Colombia to integrate Google Pay (GPay). This integration provides users with an unprecedented payment experience, allowing faster and safer transactions while redefining how Colombians shop. In a country where mobile payment growth is projected at 22% annually, adopting solutions like Google Pay is essential to meet market demand.

article thumbnail

7 Essential Criteria for Choosing the Right Payments Partner

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.

article thumbnail

Seven Years Going Strong: ClearBank and Azure Renew Partnership to Improve Payment Infrastructure

The Fintech Times

Customers using the cloud computing platform, Azure by Microsoft , will now be able to use cloud-native banking solutions and payment infrastructure provided by ClearBank , the enabler of real-time clearing and embedded banking, following a new partnership. ClearBank’s customers will also be able to benefit from this partnership as they will be able to take advantage of the Azure platform, with streamlined deployment and management.

article thumbnail

Unlocking innovation in payments: A conversation with the PSR’s Dan Moore

The Payments Association

The PSRs Dan Moore highlights the importance of sustainable commercial models and fair competition to drive innovation and investment in the UK payments sector. As the UK payments industry begins implementing the National Payments Vision (NPV), the role of regulators in fostering innovation is increasingly pivotal. In an exclusive conversation with Payments Intelligence, Dan Moore, head of strategy, analysis and engagement at the Payment Systems Regulator (PSR), outlines the regulators prioritie

article thumbnail

Ripple Launches RLUSD Stablecoin on Global Exchanges Today

Fintech News

Ripple, a provider of enterprise blockchain and crypto solutions, has launched its stablecoin, Ripple USD (RLUSD) , on global exchanges today. RLUSD is fully backed by US dollar deposits, government bonds, and cash equivalents, aiming to ensure stability and reliability. The stablecoin is initially available on several exchanges, including Uphold, Bitso, MoonPay, Archax, CoinMENA, with plans to expand to others like Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, and Zero Hash in the co

article thumbnail

Bitso Business Surpasses $12 Billion in Transactions in 2024 and Unveils Study Revealing Stablecoins as the Leading Alternative for Cross-Border Payments

Fintech Finance

Bitso Business the B2B arm of Bitso that provides the infrastructure for the future of cross-border payments releases its 2024 results. The company nearly doubled its business, by serving diverse industries such as e-commerce, OTC/trading, gaming and money transmitters, offering seamless and regulated integration with local banking systems and trading options for companies that move massive volumes of money and need high liquidity and fast settlement times; as well as for businesses that aggre

article thumbnail

Enhance Customer Value: Unleash Your Data’s Potential

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.