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

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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.

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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.

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Morgan Stanley becomes first investment bank to deploy Wise platform

Finextra

Morgan Stanley is to adopt Wise's technology platform to conduct foreign exchange international settlement for its corporate customers.

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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.

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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

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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.

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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.

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Klarna Partners With Iconic Luxury Retailers Neiman Marcus and Bergdorf Goodman

Fintech Finance

Klarna , the AI-powered global payments network and shopping assistant, has partnered with Neiman Marcus , one of the largest luxury retailers in the U.S., and famed New York City-based Bergdorf Goodman to offer its range of flexible payment methods online. The partnership helps Neiman Marcus and Bergdorf Goodman customers shop smarter for the most coveted designer handbags and clothing from world-renowned fashion houses, with a choice of flexible payment methods.

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Request for Comments: Secure Software Lifecycle (Secure SLC) Standard v2.0

PCI Security Standards

From 19 December to 29 January, eligible PCI SSC stakeholders are invited to review and provide feedback on the draft Secure Software Lifecycle (Secure SLC) Standard v2.0 during a 40-day request for comments (RFC) period.

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Merchants maneuver as Visa enforces surcharge program

Payments Dive

As the card network giant enforces its surcharge rules, merchants react to different experiences in the market and adjust.

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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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PSR calls for data sharing between banks and technology platforms to combat APP fraud

Finextra

A new report from the Payment Systems Regulator shows how fraudsters exploit major platforms to scam consumers.

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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 96
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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
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Amex keeps focus on younger customers

Payments Dive

The credit card company is sticking with a strategy to concentrate marketing on the millennial and Gen Z generations shaping shopping trends.

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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 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.

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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.

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Neonomics files complaint over anti-competitive practices in Norway's payments market

Finextra

Open banking data vendor Neonomics has filed a complaint with the Norwegian Competition Authority alleging anti-competitive practices in the payments market by the country's banking sector.

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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?

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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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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
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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.

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FIS set to buy Demica

Finextra

UK supply chain finance platform Demica is about to be swallowed up by US financial technology provider FIS Global, according to Sky News.

Finance 106
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BNPL payments rise with young, repeat users

Payments Dive

Buy now, pay later users in the U.S. tended to be returning customers under 35 years-old, according to a new analysis from LexisNexis Risk Solutions.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

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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How Does a Loan Origination System Integrate with Legacy Systems?

Finezza

As banking and lending become more inclusive and personalised, financial institutions continuously seek innovative solutions to streamline operations. One solution that has gained significant popularity in helping lenders improve their operations is the loan origination system (LOS). As per an IBSi report, over 55% of banks say the limitations of their existing core solutions are […] The post How Does a Loan Origination System Integrate with Legacy Systems?

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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.

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Monzo introduces Sign Language chat

Finextra

Hearing-impaired customers of Monzo can now chat with the bank's customer support team via SignLive, an online interpreting service for British Sign Language (BSL).

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Visa spots tripling of fraud over holiday weekend

Payments Dive

The card network attributed the spike in fraud partly to criminals adopting artificial intelligence to execute their schemes.

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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.

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The Rise of Vertical Financial Systems as a Business Operating System

Fintech Review

By Jelle van Schaick, Head of Marketing at Intergiro The present demand for services that extend beyond standalone tools has never been greater. People and businesses nowadays want more than isolated solutionsthey seek platforms that integrate seamlessly into their workflows, centralizing their operations and automating core processes. Enter vertical financial systems , purpose-built applications designed to serve specific industries or communities.

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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

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Hashgraph sets up $100 million Web3 venture fund

Finextra

The Hashgraph Group (THG), the Swiss-based international business, venture capital, and technology company, that operates exclusively within the Hedera ecosystem, has secured a fund management license through its subsidiary Hashgraph Ventures Manager Ltd in ADGM the fastest growing financial centre in the MENA region.