Stax

DECEMBER 12, 2024

These days, small and medium-sized businesses (SMBs) prefer to opt for industry-specific payment systems and tools over generic solutions. They account for over 50% of spending on vertical-specific software solutions (i.e., custom software for a particular industry or market). Merchant services are one of these key investments. They enable secure, efficient in-store and online payment processing and offer flexible payment options that customers demand today.

Small Business 88

Small Business Online and Mobile Banking Volume Checks 88

Payments Dive

DECEMBER 12, 2024

The digital payments pioneer plans to increase fees U.S. merchants pay for some of its services, including buy now, pay later options, starting next month.

PayPal 174

PayPal Digital Payments Payments 174

Finextra

DECEMBER 11, 2024

Bank-to-bank Payment network Swift is working with Google Cloud to develop multi-jurisdictional anti-fraud technologies that use advanced AI and federated learning

SWIFT 121

SWIFT Payment Networks AI Technology 121

Fintech News

DECEMBER 8, 2024

Cake has become the first digital-only bank in Vietnam to achieve profitability, reaching this milestone 3.5 years after its launch. The digital bank attributes its success to strong growth, with revenue per user increasing threefold since 2023, reaching US$12 in 2024. Cake now serves nearly 5 million customers and processes an average of 400,000 credit applications each month.

Financial Inclusion 117

Financial Inclusion AI Transactions Innovation 117

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

Product

Fintech Finance

DECEMBER 12, 2024

Mastercard, in collaboration with the Central Bank of Egypt (CBE) and Egyptian Banks Company (EBC), brings Apple Pay to users in Egypt, providing a safer, more secure and private way to pay in-store, in-app and online. To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch near a payment terminal to make a contactless payment.

Visa 98

Visa Central Bank Debit Card Encryption 98

Finextra

DECEMBER 12, 2024

In our earlier conversations, Amit Gaur, a bank manager in a rural area of Haryana, often lamented

Scams 111

Scams 111

Fintech News

DECEMBER 11, 2024

The State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) announced the successful implementation of a cross-border QR payment system between the two countries. The pilot project, which began in mid-2022, has been completed as scheduled. This initiative allows Vietnamese and Cambodian visitors to use their domestic currencies, VND and KHR, for payments at various merchants in each other’s country.

Cross-Border 110

Cross-Border Payments Facilitators Mobile Banking 110

Fintech Finance

DECEMBER 9, 2024

With a series of organisational and strategic upgrades in 2024, Ant International , a leading global digital payment and financial technology provider, reported robust growth over the past year among all its four pillar businesses, Alipay+ , Antom , WorldFirst and Embedded Finance. Alipay+ expanded its vibrant wallet-based payment and digtalisation space that further strengthens WorldFirst and Antom , the two business fintech services.

Embedded Finance 97

Embedded Finance Cross-Border AI Cross-Border Settlement 97

Payments Dive

DECEMBER 13, 2024

The former worker issued dozens of cards linked to accounts opened by another TD employee in the names of shell companies, and received bribes for that work, the Justice Department alleged.

Debit Card 148

Debit Card Accounts 148

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Payments

The Payments Association

DECEMBER 9, 2024

What is this article about? The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. Why is it important? It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. What’s next?

Privacy 88

Privacy AI Payment Security Security 88

Fintech News

DECEMBER 8, 2024

Ant International has joined Swift ‘s “Network Interoperability Reference Implementation” programme, a pre-pilot initiative designed to improve cross-border payment experiences. This programme brings together various payment service providers to explore interoperability using Swift’s network and enhance payment transparency. The initiative will explore different business scenarios involving end-to-end transaction tracking across banks and payment providers, including e-wa

Cross-Border Payments 98

Cross-Border Payments Cross-Border Interoperability SWIFT 98

Fintech Finance

DECEMBER 10, 2024

Trustfull , a leader in Identity Intelligence for fraud prevention, is proud to announce a strategic partnership with Scalapay , a premier European buy-now-pay-later (BNPL) provider. The collaboration will strengthen fraud prevention operations across Scalapays extensive network of European markets, leveraging Trustfulls platform to proactively identify fraudsters and prevent first payment defaults.

Fraud Prevention 97

Fraud Prevention BNPL Addressing Compromise 97

Payments Dive

DECEMBER 12, 2024

“Companies that delay action risk losing out on both improved payment experiences and potential business with companies whose systems no longer sync up,” writes one industry senior vice president.

ISOs 145

ISOs Risk Payments 145

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The Fintech Times

DECEMBER 9, 2024

As 2024 draws to a close, it’s been an eventful year for the payments industry, marked by rapid innovation, unexpected challenges, and evolving consumer expectations. Experts at Aevi , the in-person payment orchestration firm, share their key takeaways, lessons learned, and perspectives on the trends shaping the future of paytech. Reflecting on 2024, what were the key takeaways and lessons learned for your company and the broader payments industry?

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking AI Financial Inclusion 102

Fintech News

DECEMBER 10, 2024

Indonesian fintech company JULO has launched a new feature to ensure quick loan disbursement, introducing the “Instant Disbursement Guarantee.” With this new feature, users receive their loans within 10 minutes of approval. If delays occur, customers are compensated with a cashback of IDR 25,000. JULO reports a nearly 99% on-time disbursement rate, with cashback claims reportedly resolved promptly in rare cases of delays.

Credit Cards 99

Credit Cards Financial Inclusion FinTech Transactions 99

Fintech Finance

DECEMBER 12, 2024

Visa , a global leader in digital payments, today announced that with Visa Direct, funds transferred to U.S. bank accounts will be available within 1 minute or less starting in April 2025. Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time1. Whether splitting a bill with friends, moving money between accounts, receiving an insurance claim payout or a worker accessing their earned wages, this change will ensure

Funds Availability 98

Funds Availability FPC Accounts Debit Card 98

Payments Dive

DECEMBER 13, 2024

The Swedish buy now, pay later provider is expanding with the global marketplace company as it contemplates a U.S. initial public offering.

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144

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Payments

Finextra

DECEMBER 12, 2024

In today's digital landscape, where data breaches and cyber threats are increasingly prevalent, ensu.

ISOs 105

ISOs Data Breach Breach Security 105

Fintech News

DECEMBER 10, 2024

Swift, the global financial messaging service provider, is collaborating with Google Cloud to develop innovative anti-fraud technologies. This initiative, developed in partnership with Rhino Health and Capgemini , aims to address the limitations of conventional fraud detection methods, which often struggle to keep pace with sophisticated criminal tactics that span multiple institutions and countries.

SWIFT 88

SWIFT AI Innovation Fraud Detection 88

Fintech Finance

DECEMBER 11, 2024

To better combat fraud in cross-border payments, Swift, the global provider of secure financial messaging services, is working with Google Cloud to develop anti-fraud technologies that use advanced AI and federated learning. In the first half of 2025, Swift plans to roll out a sandbox with synthetic data to prototype learning from historic fraud, working with 12 global financial institutions, with Google Cloud as a strategic partner.

SWIFT 92

SWIFT AI Cross-Border Payments Privacy 92

Finezza

DECEMBER 8, 2024

The Micro, Small, and Medium Enterprises (MSMEs) sector has emerged as the cornerstone of the global economy, powering 70% of the workforce. According to an IFC report, 63 million Indian MSMEs contribute 30% of the GDP and provide jobs to 110 million people. Despite this, MSMEs often struggle with credit due to limited credit history, […] The post Data-Driven Decisioning: Revolutionising MSME Lending Strategies appeared first on Finezza Blog.

Economy 98

Economy Posting 98

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

Best Practices

Finextra

DECEMBER 12, 2024

In a world where digital transformation is reshaping industries, crypto payment gateways are emergin.

Payment Gateways 95

Payment Gateways Gateways Payments 95

Fintech News

DECEMBER 13, 2024

The growing adoption of stablecoins across Asia marks a significant shift in the regions financial landscape. Traditionally, U.S. dollar-pegged stablecoins like USDT and USDC primarily dominate the cryptocurrency topography. However, there is slight shift these days as Asian markets are now embracing stablecoins that are linked to their own respective local currencies.

Stablecoins 99

Stablecoins Cross-Border Cross-Border Payments Caps 99

Fintech Finance

DECEMBER 9, 2024

Kenyan fintech startup Leja has achieved remarkable growth, processing $2 billion in B2B payments since launching its B2B payments service in Kenya earlier this year. This milestone reflects a 30% month-over-month growth rate and a cumulative 300% increase in B2B transactions within a year. The Leja App helps businesses move from pen-and-paper to digital recordkeeping, integrating seamlessly with mobile money platforms.

Transactions 94

Transactions Process FinTech B2B 94

The Payments Association

DECEMBER 10, 2024

What is this article about? The article explores the growing threat of AI-enabled fraud in the payments sector and how firms can combat it with advanced technologies. Why is it important? It highlights the urgent need for payments firms to address AI-driven fraud to protect financial security, maintain customer trust, and comply with regulations. What’s next?

AI 88

AI Fraud Detection Deepfake Fraud Prevention 88

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

Segpay

DECEMBER 9, 2024

Fraud attacks are becoming more sophisticated and frequent, and if your business isnt prepared, you could be the next target. Hackers are relentless, using trial-and-error tactics to identify weaknesses in systems. Their goal? To uncover sensitive information or exploit payment systems. Without the right protections, these attacks can lead to expensive authorization fees and even the shutdown of your merchant account.

Shutdown 80

Shutdown Gateways Fraud Prevention Authorization 80

Fintech News

DECEMBER 10, 2024

LexisNexis Risk Solutions, a global data and analytics company under RELX, has agreed to acquire IDVerse , a provider of AI-powered document authentication and fraud detection solutions. The acquisition is expected to be completed in early 2025, subject to customary regulatory consents. Financial terms were not disclosed. This move will enable LexisNexis Risk Solutions to further enhance its capabilities in combating AI-generated fraud, including deepfakes.

Risk 104

Risk AI Acquirers Deepfake 104

Fintech Finance

DECEMBER 11, 2024

Armalytix , an award-winning fintech company that helps firms establish their clients financial position for compliance, affordability and more, has partnered with Birchall Blackburn Law, a highly respected law firm in conveyancing. With a proven track record in transforming financial data collection across different sectors, Armalytix has developed a sophisticated platform that streamlines Source of Funds (SoF) verification, addressing long-standing challenges in legal financial processing.

Laws 98

Laws Transactions FinTech Legal 98