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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.
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.
Morgan Stanley is teaming up with Wise to bring faster and smoother cross-border payments to its corporate clients, making it the first investment bank to integrate Wises global payments platform. The global financial services firm will offer clients high-speed cross-border settlements through Wise Platform, Wises global payments infrastructure for banks.
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.
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.
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.
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.
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.
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.
The Payment Systems Regulator (PSR) has taken a decisive step to address the soaring costs of cross-border interchange fees on card transactions. Following a detailed review , the PSR has confirmed that Visa and Mastercards substantial increases in cross-border interchange fees are harming UK businesses, with costs rising by an estimated 150-200 million annually.
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.
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.
Kuady , a Latin American payments service processor, is partnering with global sports betting and gaming provider MeridianBet , enabling its users in LATAM to accessKuadys full suite of payment features, offering real-time deposits and withdrawals to enhance the betting experience. By incorporating technology from Kuady, MeridianBet aims to begin delivering a faster and more seamless customer experience across South America.Via the partnership, MeridianBet users in the region should benefit from
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
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?
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.
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.
We sit down with Samuel Flynn , co-founder and CEO at Hands In , a split payments platform enabling users to split payments across multiple cards and people, to explore how the company has fared in the last 18 months and its plans for the future. With 2024 coming to a close, it’s an ideal time to reflect on how the fintech industry has fared, as well as a short period to take a breath and look to the future.
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?
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.
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.
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.
Global payment provider, Mastercard is aiming to bring one billion people and 50 million micro, small and medium enterprises (MSMEs) into the digital economy by 2025. Taking a step towards achieving this goal, it has partnered with Boost , the business-to-business (B2B) commerce platform, to drive the growth of firms operating in last-mile fast-moving consumer goods (FMCG) distribution networks.
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.
Capitalise, a business finance platform based in the U.K., has forged a strategic partnership with data and open finance network Plaid. The collaboration integrates Plaid’s open banking services with Capitalise’s Instant Offers to simplify and streamline small business funding. Capitalise made its Finovate debut at FinovateEurope 2016. Plaid has been a Finovate alum since 2014.
With transactions occurring every second, the need for a reliable mechanism to facilitate these exchanges becomes increasingly important. This is where a financial clearinghouse acts as an intermediary to ensure smooth transactions between parties. This article will explore what clearinghouses are, their primary functions, and how they facilitate safe transactions.
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.
New Zealand could soon see lower prices and fewer surcharges for credit card users as the country’s regulatory authority, the Commerce Commission , proposes slashing fees for accepting Visa and Mastercard payments. This initiative could potentially save businesses and consumers around $260million annually. According to the Commerce Commission, consumers spend approximately $95billion each year using Visa and Mastercard products, while New Zealand businesses incur around $1billion in fees t
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.
Preventing Authorised Push Payment (APP) scams is one of the Payment Systems Regulators (PSR) top priorities. A new report from PSR shows how fraudsters exploit major platforms to scam consumers. APP scams happen when victims are tricked into sending money to fraudsters posing as legitimate payees. These scams dont just cause financial losses; they cause emotional harm to consumers, undermine trust in platforms, and damage confidence in UK payments and the economy.
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
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.
Merchants utilising PayU , the online payment gateway, will now be able to offer their customers a greater payment experience as PayU integrates Google Pay (GPay) into its offering. The new Google Pay integration comes at just the right time as mobile payments are on the rise in Latin America. In fact, the payment method is set to grow by 22 per cent annually, with digital wallets also set to grow by 30 per cent at the same time.
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.
U.K.-based stablecoin infrastructure provider BVNK secured a $50 million Series B round, boosting its valuation to $750 million. The round was led by Haun Ventures with participation from Coinbase Ventures and Tiger Global. BVNK plans to launch in the U.S. next month with offices in New York and San Francisco. As living proof that the stablecoin revolution is underway, stablecoin infrastructure provider BVNK has raised $50 million.
The Consumer Financial Protection Bureau announced today that it has sued Early Warning Services, Bank of America, JPMorgan and Wells Fargo for allegedly failing to implement anti-fraud safeguards on peer-to-peer payments network Zelle. Customers of the financial institutions named in todays lawsuit have accumulated more than $870 million in losses due to the alleged failure […] The post CFPB lawsuit against bank giants is regulatory overreach, Zelle says appeared first on Bank Automation
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
Canadian fintech Nuvei Corporation is expanding its global partnership with Google to integrate Google Pay, enabling merchants across Latin America to accept the payment option. By integrating Google Pay into Nuvei payment processes, merchants can offer their customers the secure payment option to help meet the growing demands of the current digital economy.
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.
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