Payments Dive

MARCH 4, 2024

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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Blocks Regulations 177

VISTA InfoSec

MARCH 5, 2024

In the ever-evolving landscape of data security, staying updated with the latest standards and regulations is crucial. The Payment Card Industry Data Security Standard (PCI DSS) is no exception. With the recent release of PCI DSS v4.0, there have been significant updates and changes that organizations need to be aware of. This blog post will delve into one such critical area – Requirement 9: Restrict Physical Access to Cardholder Data.

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Open Banking Excellence

MARCH 5, 2024

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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Innovation Payment APIs and Integration Push-to-Card Use Case 147

Fintech News

MARCH 6, 2024

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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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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Payments Dive

MARCH 5, 2024

The mega processor has signed up 200 banks for FedNow, but now its clients are in search of use cases.

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FedNow Processors Use Case 174

PayPal

MARCH 7, 2024

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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Venmo PayPal Payments 132

VISTA InfoSec

MARCH 6, 2024

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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PCI DSS Procedures Best Practices Risk Assessment 130

Payments Dive

MARCH 7, 2024

“Apple is trying to cynically kill off developers that stand up to them,” Epic Director of Public Policy Leo Rees said Wednesday.

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Blocks 167

The Finance Weekly

MARCH 5, 2024

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

Finance End User Payment APIs and Integration Facilitators 130

The Fintech Times

MARCH 5, 2024

Artificial intelligence (AI) has become one of the hottest topics in fintech, resulting in many organisations looking to get involved in the space. However, research from Capgemini , the tech consulting and information firm, found only six per cent of retail banks have established an enterprise-wide roadmap for the use of generative AI (gen AI) capabilities at scale.

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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

Finextra

MARCH 5, 2024

PayPal has launched a complete suite of payment processing tools for online small businesses in the UK, Canada and across more than 20 European markets.

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PayPal Small Business Payments Process 128

Payments Dive

MARCH 6, 2024

The card network and the cross-border payments company are developing an international payment system that could be used in disaster situations.

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Cross-Border Payments Cross-Border International Payments Payments 166

The Finance Weekly

MARCH 4, 2024

,, Cash flow numbers are really important in finance. Whether you run a business or just want to handle your money better, knowing about cash flow is crucial. It shows how healthy and sustainable your finances are. According to Investopedia, a big reason small businesses don’t make it is cash flow issues. Surprisingly, 20% of them don't survive even the first year.

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Checks Finance Rules Product 130

The Fintech Times

MARCH 4, 2024

Compliance remains one of the biggest challenges in the financial industry for firms of all sizes across the globe. With rules and regulations constantly changing, many banks and other financial institutions are falling victim to not keeping up. The regulatory minefield can be too much to contend with, particularly for new firms entering the space for the first time.

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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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Finextra

MARCH 3, 2024

Paytm's banking business has been fined 55 million rupees (about $663,000) by an Indian regulator on money laundering charges.

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Money Laundering Regulations 128

Payments Dive

MARCH 8, 2024

President Biden and Republican lawmakers sparred Thursday over credit card late fees, as some House members also challenged the Federal Reserve’s proposed cap on debit card fees.

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Federal Reserve Debit Card Caps Credit Cards 158

Fintech News

MARCH 7, 2024

Thailand-based insurtech startup Sunday has successfully acquired a 99% stake in PT KSK Insurance Indonesia, a general insurer, according to DealStreetAsia. This strategic acquisition has been greenlit by Indonesia’s Financial Services Authority (OJK), though the financial specifics of the deal remain undisclosed. Established in 2017, Sunday leverages artificial intelligence and digital platforms to craft and deliver insurance solutions tailored to meet a wide array of individual and business ne

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Returns Participant Authorization Acquirers 122

BlueSnap

MARCH 4, 2024

Effective invoice payment processing is crucial for your business’s financial stability and healthy cash flow, yet so many companies still grapple with delayed payments, inefficient processes and the risk of funds stalling in collections. The post 5 Essential Tools for Invoice Payment Processing appeared first on BlueSnap.

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Process Payments Risk Posting 119

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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

Finextra

MARCH 8, 2024

Sam Altman’s cryptocurrency outfit Worldcoin has been told by Spain to stop collecting and using people's personal data.

Blocks 124

Blocks Cryptocurrency 124

Payments Dive

MARCH 5, 2024

The point-of-sale attack on a merchant processor may have compromised card numbers, expiration dates and cardholder names, Amex said in a state regulatory filing.

Processors 126

Processors Compromise 126

Fintech News

MARCH 6, 2024

In celebration of this year’s International Women’s Day on 8 March, the Fintech News Network is unveiling its selection of ten of the most influential female fintech leaders in Asia Pacific (APAC). These trailblazers are elevating the industry, demonstrating resilience and leadership in the ever-evolving fintech landscape. Their influence goes beyond their own organisations, significantly impacting the fintech sector across the entire APAC region.

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APACS FinTech Online and Mobile Banking Multi-Currency 120

TechCrunch Fintech

MARCH 5, 2024

London-based fintech company Monzo raised a late stage funding round of $430 million (£340 million), confirming a report from the Financial Times from a few weeks ago. Following this round, the company has reached a post-money valuation of $5 billion (£4 billion). Founded in 2015, Monzo provides UK current accounts, debit cards and several financial […] © 2024 TechCrunch.

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Debit Card FinTech Accounts Posting 119

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

Finextra

MARCH 7, 2024

The Hong Kong Monetary Authority (HKMA) has kicked off a new wholesale central bank digital currency (wCBDC) project to render support to the development of the tokenisation market in the territory.

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CBDC Digital Currency Central Bank Authorization 124

Payments Dive

MARCH 7, 2024

With its acquisition of the card network, Capital One seeks to elevate Discover’s brand while also working to expand its acceptance abroad.

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Fintech News

MARCH 4, 2024

Thailand’s Finance Ministry announced that it will begin accepting applications for virtual bank licenses within the next six months, aiming to expand financial inclusion for those with limited or no access to traditional banking services. According to Reuters , the ministry also released guidelines for applicants, who will need to demonstrate experience and resources sufficient to support a commercial banking business model.

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Financial Inclusion Caps Authorization Finance 120

PCI Security Standards

MARCH 6, 2024

We are pleased to welcome the newest organizations that have joined as Associate Participating Organizations of the PCI Security Standards Council (PCI SSC). These organizations play a crucial role in supporting the evolution of the PCI Security Standards and programs and promoting the implementation of PCI Security Standards worldwide to protect payment data.

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Participant Payments Data Security Payments 112

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

Finextra

MARCH 4, 2024

American Express is writing to customers warning them that their account information may have been compromised in a data breach at a third party service provider.

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Data Breach Breach Third-Party Service Provider Compromise 119

TechCrunch Fintech

MARCH 6, 2024

While many entrepreneurs are currently facing the harsh reality of a VC funding crunch, Qonto isn’t one of them. The Paris-based business banking startup still has hundreds of millions of cash on hand. And it is using an undisclosed portion of its cash reserve to acquire Regate, an accounting and financial automation platform. Qonto originally […] © 2024 TechCrunch.

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Acquirers FinTech Origination Automation 111

Fintech News

MARCH 3, 2024

B2B embedded finance startup Fairbanc has secured US$13.3 million in debt financing from digital lending arm of Pegadaian, a subsidiary of Bank Rakyat Indonesia. According to DealStreetAsia , Fairbanc aims to utilise the newly acquired funds to broaden its operations in Indonesia, focusing on off-balance sheet financing via its newly introduced Buy Now, Pay Later (BNPL) gateway.

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Finance BNPL Embedded Finance Gateways 117

FloQast

MARCH 6, 2024

As we commemorate Women’s History Month this March, it’s an opportune time to reflect on the challenges and triumphs of women in various fields, including accounting. In this spirit, FloQast is excited to present an enlightening webinar titled “ Women Taking the Wheel: Driving Accounting Forward During Women’s History Month ,” hosted by accounting industry leader Katie Thomas, CPA.

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Accounts On-Demand Facilitators Addressing 105

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