Sat.Aug 03, 2024 - Fri.Aug 09, 2024

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JPMorgan fires up biometric payments processing

Payments Dive

The biggest U.S. bank is piloting payments processing for biometric transactions, with plans to use it at the hamburger chain Whataburger, which lets customers pay with a face scan.

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Sneak Peek: 2024 Community Meeting Keynote Speakers

PCI Security Standards

Don’t miss out on an extraordinary opportunity to learn from the most influential minds in payment security. Join us at a PCI SSC Community Meeting to collaborate and stay informed on the newest advancements in global payments security and PCI Security Standards. As promised, our 2024 keynote speakers, Tom Koulopoulos and Dr. Bruce McCabe , will deliver captivating and enlightening sessions, as they are distinguished experts in the field.

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Nacha Welcomes Stronghold as a Preferred Partner

NACHA

RESTON, Virginia, Aug. 8, 2024 – Today, Nacha announced Stronghold as a Preferred Partner for ACH Experience and ISO 20022. Stronghold joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha's core strategies to advance the ACH Network.

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CloudPay, a payroll services provider, lands $120M in new funding

TechCrunch Fintech

In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several decades, adding workflow automation features to maintain pace with upstart rivals. It’s still growing, CFO Andy Thomson assures TechCrunch. Thomson claims that CloudPay is handling […] © 2024 TechCrunch.

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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now

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.

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Toast aims to move beyond restaurants

Payments Dive

The payments service provider is known for working with restaurants, but seeks to make headway with convenience stores, grocery stores and bottle shops.

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[Podcast] Enhancing the Travel Experience Through Fintech Innovation with Daniel Marovitz of…

Wharton Fintech

Booking.com’s Daniel Marovitz joins host Djavaneh Bierwirth on the Wharton Fintech Podcast [Podcast] Enhancing the Travel Experience Through Fintech Innovation with Daniel Marovitz of Booking.com [link] In the latest episode of the Wharton FinTech Podcast , I had the pleasure of speaking with Daniel Marovitz , Senior Vice President of Fintech at Booking.com.

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Financial Technology Summit

Open Banking Excellence

25th September 2024 Live Event Linkedin Twitter Youtube The Fintech Summit The Fintech Summit is Scotland’s largest annual gathering of financial technology leaders, and has established itself as the must-attend event for stakeholders in the sector. The conference will explore technological innovation across the industry, from developments in leading FS institutions, to the disruptive innovators within the challenger and start-up community that are reshaping the Financial Services market.

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US credit card balances climb to $1.14 trillion

Payments Dive

Consumer credit card debt delinquencies are also on the rise, particularly among younger consumers, according to a New York Federal Reserve report.

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Comparing the AI FP&A Tools on the Market

The Finance Weekly

Ever since AI came onto the scene, it has been mixed into financial planning and analysis (FP&A) to aid finance professionals in deciphering data and making savvy decisions on how to steer company growth. Since then the top FP&A software tools have raced to implement AI into their software in order to stand out in this area and give their customers the best experience.

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What is the Most Frustrating Experience in SOC 2 Audit and Attestation?

VISTA InfoSec

The SOC 2 (Service Organization Control 2) audit and attestation process is something that has been devised by the American Institute of Certified Public Accountants (AICPA) in order to ensure that organizations which provide services have secure procedures to govern data so as not to compromise the welfare of their clients. For this reason, achieving SOC 2 compliance is crucial for service agencies especially those involved with sensitive customer data.

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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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InsurTech Symposium

Open Banking Excellence

17th September 2024 Live Event Linkedin Twitter InsurTech Symposium Join us at UWE Bristol for an event sponsored by the Insurance Institute of Bristol (IIB). We’ll be discussing the opportunities and challenges of InsurTech in the insurance industry. Our aim is to ensure that you leave the event better connected and informed on where InsurTech is heading, some options that are available, and how the industry will be impacted.

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Shift4 strives to become ‘SpaceX of payments’

Payments Dive

Recent acquisitions and an expanded roster of clients that includes several sports teams are intended to help Shift4 dominate the payments space, the CEO said.

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Drivetrain FP&A Reviews

The Finance Weekly

Overview of Drivetrain Drivetrain was founded by Alok Goel in 2021. It is an FP&A software that serves not just as a planning tool but as an enabler of informed decision-making. The platform integrates seamlessly with more than 200 systems to streamline business performance. With a bold vision to help businesses evaluate their operational health in real-time and adapt their strategies accordingly, Drivetrain raised $15 million in a Series A funding round in late 2022, highlighting the compan

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Truist lands Wells Fargo tech leader as CIO

Bank Automation

Truist is tapping Wells Fargo CIO of Consumer Technology Steve Hagerman to fill its chief information officer role. Hagerman was the “right person at the right time for our enterprise technology team,” a Truist spokesperson told Bank Automation News, noting that selecting a new CIO was a “thorough process.

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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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PA Edinburgh

Open Banking Excellence

3rd September 2024 Live Event Linkedin Twitter PA Edinburgh In September, we travel to Edinburgh… We are hitting the road once again as we travel to Scotland for September’s edition of PA@TheCity… introducing PA@Edinburgh! We are delighted to be partnering with Fintech Scotland to welcome an audience from around the UK for an evening of networking, key insights, getting business done and making new connections within the payments industry.

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Apple services revenue rises with boost from payments

Payments Dive

The company said it raised a record $24.2 billion from services in the most recent quarter, a 14% year-over-year increase.

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Collaborative FP&A

The Finance Weekly

Have you ever seen artwork created by children together? Many experts believe that encouraging collaborative arts in kids helps them learn teamwork, cooperation, and respect for different ideas. This discipline doesn't just stop at grade-schoolers, it extends to financial planning and analysis (FP&A) teams as well. Strategic financial decisions are not solely the responsibility of FP&A, every individual in the organization contributes to this process.

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Championing Swift Connectivity for Private Banks and Asset Managers in APAC

Fintech News

In the dynamic financial landscape of the Asia-Pacific (APAC) region, private banks, asset managers, fund managers, and other capital market participants are increasingly recognising the pivotal role of Swift connectivity. This connectivity is not just a technical necessity but a strategic imperative for seamless settlement, reconciliation and post-trade operations, enhanced transparency, and operational efficiency.

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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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Fingerprint Cards AB Appoints David Eastaugh as Chief Strategy and Technology Officer

Fintech Finance

Fingerprint Cards AB (Fingerprints) today announced the appointment of David Eastaugh as the company’s Chief Strategy and Technology Officer. He will assume his position on August 19, 2024. David is a technology visionary in the fields of identity, data, and combating financial crime and fraud, with a diverse background that includes experience in startups, scale-ups, consulting, and corporations.

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FedNow ‘could lower fees’ in future, analyst reports

Payments Dive

The Federal Reserve instant payments system may cut fees after it attracts more financial institutions, or in the face of competition, a Wolfe Research analyst said, citing a FedNow official.

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How merchants can build a future-forward payments tech stack to win in B2B

Finextra

In a growing digital economy, geographical boundaries aren’t a barrier anymore which intensifies com.

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E-commerce in Southeast Asia Soars with Thailand and Vietnam Leading in Growth

Fintech News

In 2023, e-commerce continued to expand in Southeast Asia, with the gross merchandise value (GMV) of the region’s top eight e-commerce platforms increasing by 15% year-over-year (YoY) to reach US$114.6 billion, according to Momentum Works’ “Ecommerce in Southeast Asia 2024” report. The figure represents a 2.1-fold increase from 2020, and showcases the rapid growth of e-commerce in the region.

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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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Marqeta Signs Five-Year Deal with Varo Bank to Become Exclusive Issuer Processor in the US

Fintech Finance

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it has signed a five-year deal with Varo Bank , N.A., the first nationally-chartered consumer techbank in the U.S., to become its issuer processor. Varo Bank offers services such as fee-free checking accounts, free ATM access at over 40,000 locations, cash advances and lines of credit, secured credit-building credit cards, instant payment solutions and

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JPMorgan threatens to sue CFPB over Zelle

Payments Dive

The bank flagged government inquiries over its handling of P2P disputes in May, and said Friday it would consider litigation if the agency issues an enforcement action.

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CommBank to equip all staff with AI training modules

Finextra

Commonwealth Bank of Australia is rolling out an AI microlearning series to all employees.

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HDBank Launches Fully Digital Vikki Bank Powered by Thought Machine

Fintech News

Vietnam’s HDBank has launched its fully digital bank, Vikki Digital Bank, powered by Thought Machine ’s Vault Core technology. The new digital bank has already onboarded over 15,000 active users and processes US$50 million in monthly transactions. Vikki Digital Bank, developed by Galaxy FinX in partnership with HDBank, involved collaboration with leading industry partners such as Thought Machine, HyperVerge, Amazon Web Services (AWS), Mastercard, and Genesys.

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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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Ripple Partners With DIFC Innovation Hub to Accelerate UAE Blockchain and Crypto Adoption

The Fintech Times

Ripple , the blockchain and crypto solution provider, is partnering with the Dubai International Financial Centre’s (DIFC) Innovation Hub, to accelerate blockchain and digital assets innovation in the UAE. Through the new partnership, Ripple and the DIFC Innovation Hub aim to jointly drive blockchain and crypto adoption amongst early-stage companies and scale-ups, while introducing and positioning the technology with traditional large strategic institutions and their use cases.

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Capital One-Discover antitrust concerns may be overblown

Payments Dive

Capital One’s proposed acquisition of the smaller Discover seems “too small to be a core antitrust concern,” said Barry Barnett, an antitrust lawyer.

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NCA shuts down Scam-as-a-Service platform

Finextra

The UK's National Crime Agency has shut down a platform used by hundreds of criminals to defraud victims across the world through the use of spoofed phone calls.

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Revolut Introduces Business Banking Platform to Singapore Market

Fintech News

Revolut, a global neobank with 45 million users, has introduced its business-to-business platform, Revolut Business , in Singapore, marking its first market in Asia. This platform aims to provide Singaporean companies of all sizes with efficient and affordable financial management tools, facilitating global business operations. Revolut Business is designed as a comprehensive financial management solution that reduces administrative tasks, allowing businesses to focus on growth.

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Enhance Customer Value: Unleash Your Data’s Potential

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.