Payments Dive

JUNE 7, 2024

The state may become the first in the nation to outlaw the imposition of credit and debit card interchange fees on state excise tax and tips.

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Debit Card 193

VISTA InfoSec

JUNE 7, 2024

As flexible working arrangements become increasingly common across every industry, companies need secure, dependable ways to grant remote employees online access to company data, services, and applications. Productivity in today’s highly digital business environment depends upon employees being able to access the systems and information they need for work when needed, from any location.

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Micro-Entry Data Breach Breach Cybersecurity 162

Stripe

JUNE 5, 2024

In this blog post we’ll share an overview of Stripe’s database infrastructure and discuss the design and application of the Data Movement Platform.

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Database Posting 145

Finextra

JUNE 5, 2024

The Bank for International Settlements says it multi-central bank CBDC platform, Project mBrige, is ready to accept value added products and new use cases as it reaches minimum viable product stage (MVP).

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CBDC Central Bank Settlement Use Case 145

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

Payments Dive

JUNE 3, 2024

Block is working to make its peer-to-peer payments tool, Cash App, a consumer app for interacting with merchants using its Square point-of-sale software.

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Blocks Payments Tools Consumer Payments 165

The Fintech Times

JUNE 2, 2024

Fraud prevention decision-makers across Europe are well aware of the growth and danger of AI-driven identity and financial fraud, but are unprepared to combat it, Signicat , the European digital identity and fraud prevention solution provider, has revealed in a new report. ‘ The Battle against AI-driven Identity Fraud ‘ study by Signicat delves into how organisations across Europe are battling the growing threat of AI-driven identity fraud.

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AI Fraud Prevention Deepfake Account Takeovers 126

Finextra

JUNE 6, 2024

Megan Caywood Cooper, former Barclays chief product officer and Starling chief platform officer, has announced her new AI wealthtech Caywood, at Money 20/20 today.

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AI Product 128

Payments Dive

JUNE 6, 2024

State lawmakers are negotiating three separate proposals related to the buy now, pay later industry ahead of the end of the legislative session on Thursday.

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BNPL 158

Bank Automation

JUNE 5, 2024

AMSTERDAM — ING is using generative AI in its know-your-customer processes to boost productivity for its data analysts and improve the client experience. The generative AI efforts for KYC have both an operational and client benefit, Marnix van Stiphout, chief operating officer and chief technology officer ad interim at 976 billion euros ($1.

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AI Process Product Technology 122

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

The Fintech Times

JUNE 1, 2024

Fraudsters continue to pose huge issues for the financial sector across the globe. UK Finance recently revealed that criminals stole over £1billion in 2023 alone. Even worse, the fraud landscape shows no signs of improving, as bad actors increasingly utilise AI to increase the damage done to financial organisations. However, many of the largest financial organisations worldwide are actively investigating measures to counteract these threats.

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SWIFT AI Fraud Detection Fraud Prevention 124

Finextra

JUNE 4, 2024

At Money 20/20 Europe, Mehret Habteab, senior VP of product and solutions at Visa Europe, announced the company generated $40 billion in incremental e-commerce revenue globally, after issuing over 10 billion tokens since their launch in 2014.

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AI Product 122

Payments Dive

JUNE 5, 2024

The Safer Banking Act and federal rescheduling of marijuana could simplify transactions for payments companies doing business in the arena.

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Payments Transactions 158

Finovate

JUNE 3, 2024

PayPal’s stablecoin, PayPal USD (PYUSD), was officially added to the Solana Blockchain last week. This shift comes after the California-based company launched on Ethereum blockchain last summer. Now, PayPal stablecoin users can send PYUSD on Ethereum or Solana when transferring out to external wallets. “For more than 25 years, PayPal has been at the forefront of digital commerce, revolutionizing commerce by providing a trusted experience between consumers and merchants around the wor

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Stablecoins PayPal Consumer Blockchain 111

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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?

Use Case

The Fintech Times

JUNE 3, 2024

Using the world’s largest proprietary risk and threat intelligence dataset, SecurityScorecard , the cybersecurity analyser, studied cybersecurity breaches across the UK’s 100 largest companies by market capitalisation, releasing a comprehensive analysis of the landscape of the FTSE 100 in the UK. Fraudsters are having to adapt to new cybersecurity measures as a result of greater cyber protection of primary avenues.

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Third Party Vendors Cybersecurity Breach Risk Management 111

Finextra

JUNE 2, 2024

In the rapidly evolving landscape of financial technology, the convergence of innovative digital sol.

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Cybersecurity Finance Innovation Technology 121

Payments Dive

JUNE 3, 2024

Customers have multiple ways to access your products and brand, but do those experiences work together for their benefit—and yours?

Product 144

Product 144

Fintech Review

JUNE 4, 2024

By Nikolay Seleznev , Chief Strategy and Business Development Officer at Uzum The descendants of those who traded on the Silk Road are now embracing a new vehicle for commerce: fintech. For years unable to access innovative finance and technology products, Uzbeks are making up for lost time. In a country and a region which is enjoying robust growth and undertaking a program of economic modernisation, the market for Uzum – and other digital service ecosystems – is growing at an exponential rate.

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FinTech Financial Inclusion BNPL P2P 109

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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

Fintech Finance

JUNE 6, 2024

Elavon , a wholly-owned subsidiary of U.S. Bank and one of the largest payments processors globally, is partnering with Southeastern Pennsylvania Transportation Authority (SEPTA) to offer contactless payment acceptance from any enabled card or mobile device across transit services. SEPTA is one of the ten largest transit systems in the United States.

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Contactless Payments Online and Mobile Banking Payments Gateways 105

Finextra

JUNE 3, 2024

UK digital bank Monzo is preparing to expand into the US and Europe after reporting its first full year of profitability, achieving a pre-tax profit of £15.4m for the financial year ended 31 March 2024.

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Payments Dive

JUNE 4, 2024

Takis Georgakopoulos, a 17-year veteran at the bank, will be replaced by two colleagues being promoted to co-head roles.

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Payments 109

Fintech News

JUNE 4, 2024

ORO Bank, touted as Asia’s first full-reserve digital bank, leveraged global financial software provider Finastra’s SaaS core banking solution to launch its cloud-based platform within six months. The Bhutanese bank had launched last week. Finastra’s combination of rich, broad, and deep banking functionality with advanced technology allowed ORO Bank to quickly establish a competitive edge in the market.

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SARS Non-Bank Mitigation Innovation 103

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

Finovate

JUNE 5, 2024

The U.S. Small Business Administration plans to issue a new SBA loan option for small businesses. The new pilot program will extend lines of credit of up to $5 million and will charge an annual fee and a maximum interest rate that is 3% to 6.5% higher than the prime rate. Lenders will receive a 75% guaranty on loans larger than $150,000 and an 85% guaranty on loans smaller than $150,000.

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Small Business Governance Government Credit Cards 103

Finextra

JUNE 3, 2024

Savings app Yotta says 85,000 customers have been locked out of their accounts for three weeks because of the collapse of BaaS platform Synapse.

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Accounts 116

Fintech Finance

JUNE 5, 2024

Today, Ripple , the leader in enterprise blockchain and crypto solutions, announced a new partnership with Clear Junction , the global leader in cross-border payments solutions for regulated institutions. The partnership will see Clear Junction facilitating instant and secure GBP and EUR-denominated payout coverage for Ripple’s payments customers. A host of new currencies are scheduled to be switched on for Ripple customers later this year.

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Cross-Border Payments Cross-Border Multi-Currency IBAN 98

Fintech News

JUNE 3, 2024

Indonesia’s fintech landscape is booming. Over the past decade, the number of fintech players in Indonesia increased six-fold, rising from just 51 active players in 2011 to 334 in 2022, a 2023 report by AC Ventures and the Boston Consulting Group shows, highlighting Indonesia’s fintech investors growing interest in the segment Number of Indonesian fintech companies by segment, Source: Indonesia’s Fintech Industry is Ready to Rise, AC Ventures/BCG Group, March 2023 This growth has emerged o

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FinTech Boot Camp Participant Online and Mobile Banking 103

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

PayJunction

JUNE 6, 2024

The healthcare insurance industry’s embrace of High-Deductible Health Plans ( HDHPs ) means an increasing number of patients are responsible for paying for most medical services before plan benefits fully kick in. Your medical practice should consider recurring billing to lessen the upfront financial burden on patients.

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Finextra

JUNE 7, 2024

A UK tribunal has ruled that interchange fee lawsuits against Visa and Mastercard can proceed.

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Visa Rules 115

Payments Dive

JUNE 7, 2024

The bureau will consult public interest groups and app developers on open banking standards, and no single special interest can dominate the standards-making process.

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CFPB Rules Consulting Process 97