Sat.Jul 23, 2022 - Fri.Jul 29, 2022

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Amazon opens a new wallet for sellers

Payments Dive

The e-commerce juggernaut said it’s offering a new digital wallet service to its sellers and planning to roll it out more broadly over the “next few months.

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The Importance of Trustworthy, Independent SOC Reports in FP&A

The Finance Weekly

FP&A software company , Vena Solutions made headlines recently with their controversial Systems and Organization Controls (SOC) reports grabbing the spotlight. One of Vena’s customers, , Verra Mobility , claimed that Vena misled them into believing that the Soc 1 Type II report that Verra was given had been audited by an independent auditor. Verra, a Nasdaq listed mobility software firm (Nasdaq: VRRM), cited in a , securities filing from April that the report was audited in house by Vena, wh

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The Paypers launches the 7th edition of the Payment Methods Report 2022

The Paypers

The Paypers has launched the 7th edition of the Payment Methods Report 2022 , which offers a detailed look at the latest developments in the payment methods space and the new technologies that these methods rely on.

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State of Blockchain Q2’22 Report

CB Insights

Venture capital investors scaled back crypto investments in Q2’22 due to macroeconomic pressures and concerns about crypto valuations and stablecoins. Global funding fell by 29% quarter-over-quarter. Below, take a look at a few highlights from our 192-page, data-driven State of Blockchain Q2’22 Report. For all the record figures, private market data, and deeper insights, download the full report.

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Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

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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Durbin to lob bill at Visa, Mastercard

Payments Dive

Sen. Dick Durbin is poised to make good on his long-time threat to further rein in the two big U.S. credit card companies Visa and Mastercard with legislation aimed at increasing competition.

Visa 156
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Trust proven experts in a shifting B2B market

Axway

One player in the B2B market, Progress (formerly Ipswitch) recently announced they will be discontinuing their MessageWay product effective May 31, 2024.

B2B 59

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10 technologies helping retail banks manage fraud, identity, and risk — and which ones leaders should prioritize now

CB Insights

Retail banks are tasked with protecting their customers and businesses from fraud, financial crime, cyber threats and other risks in order to preserve the well-being of their organizations and the global financial system. In this report, we evaluate 10 tech markets that retail banking leaders should monitor , vet , and prioritize toward this effort, including: Cloud security.

Risk 36
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Blaming cards for high gas prices doesn't make sense, trade group argues

Payments Dive

The leader of the Electronic Payments Coalition tells people looking to blame credit and debit card companies for higher gas prices to find a different scapegoat.

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How Open Banking APIs can enable a more sustainable digital transformation — Part 2

Axway

In part one of this series , we discussed how the market for green fintechs is growing, and how Axway customer Commerzbank has been leveraging its APIs to drive revenue and expand its ecosystem, but also to offer greener services …

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Spain will reduce credit card commissions

The Paypers

The Spanish Ministry of Economy has announced plans to limit commissions of credit and debit cards from the current 2 percent to 0.3% and 0.2%, respectively.

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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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Fintech Cardless taps Amex network

Payments Dive

The partnership allows brands working with Cardless to take advantage of Amex’s benefits, while Amex sees the move expanding the scale of its network.

FinTech 138
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Card CEOs react to macroeconomic threats

Payments Dive

Amid talk of a recession, executives with Visa, Mastercard, American Express and Discover are keeping a close eye on inflation, consumer demand and unemployment levels.

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Legislation aimed at Visa, Mastercard lands

Payments Dive

A new bill to curb Visa and Mastercard’s dominance of credit payments is likely to rev up a long-time battle between merchants and card companies.

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Visa's 3Q results defy recession talk

Payments Dive

Visa’s fiscal third quarter results were buoyed by increased cross-border travel and consumer spending, with no signs of a recession in sight for the largest U.S. card company.

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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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Balance raises $56M for B2B payments

Payments Dive

The B2B payments services provider has quickly attracted investors, including Forerunner and Salesforce Ventures, since its founding in 2020.

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Mastercard earnings get cross-border lift

Payments Dive

“We will continue to watch the environment closely” and “be nimble in managing our expenses,” Mastercard CEO Michael Miebach said during a conference call with analysts.

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Fiserv confronts profit margin pressure

Payments Dive

Higher labor and materials costs are putting pressure on the payment processor's earnings, leading the company to cut its margin expansion target for the year.

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Domestic money transfer to jump nearly 50%, Juniper forecasts

Payments Dive

Domestic money transfer payments worldwide are likely to jump by about 50% between this year and 2026 to some 300 billion payments, research firm Juniper Research predicted in a report released today.

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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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Grocery company Albertsons rolls out SNAP online payment

Payments Dive

The company now offers the purchasing capability at five banners through its own platform as well as the Instacart app.

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CEOs Sound Off: Payments execs navigate economic turmoil

Payments Dive

CEOs of three payments companies share how macroeconomic headwinds are affecting their businesses and how they’re seeing their firms through the uncertainty.

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Attorneys weigh case against Discover

Payments Dive

After Discover disclosed an internal investigation into its student loan practices, the company’s stock price dropped more than 8% on July 21, attorneys noted.

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IDEX Biometrics and Turkey-based issuer to launch biometric payment cards

The Paypers

Norway-based IDEX Biometrics has partnered with a Turkey-based issuer to launch biometric payment cards for the local market.

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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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Tradeteq selects XDC Network to launch Trada Tokens

The Paypers

Tradeteq , a World Economic Forum member, has selected the XDC Network to launch TRADA Tokens, a fully regulated, trade finance-backed fungible security tokens.

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Amplify Central Unified Catalog API subscription approval flow using API Builder and MS Teams

Axway

In a prior blog post we described how to use Axway’s API Builder to create an Amplify Central Unified Catalog API Subscription custom approval workflow that leverages Salesforce.

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Coinbase to support new Ethereum-based oracle

The Paypers

US-based crypto player Coinbase has announced it will be supporting a decentralized Ethereum (ETH)-based oracle.

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Sumsub releases new KYC guide for traders

The Paypers

UK-based identity verification software provider, Sumsub , has published a comprehensive Know Your Customer (KYC) guide to help trading platforms remain compliant, increase pass rates, and efficiently deter fraud alerts.

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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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Ageras Group acquires Kontist

The Paypers

Denmark-based Ageras Group has announced taking over the Germany-based fintech Kontist.

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Shieldpay partners Western Union Business Solutions for FX

The Paypers

UK-based Shieldpay has partnered with Western Union Business Solutions (WUBS) to implement Foreign Exchange capabilities on international transactions.

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Postpay launches GCC's express checkout for ecommerce

The Paypers

UAE-based BNPL provider Postpay has rolled out express checkout for in the Gulf Cooperation Council for frictionless ecommerce.

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Upgrade OneCard is a single card for regular and flexible payments

The Paypers

US-based fintech Upgrade has launched OneCard to give users a single card for ‘Pay Now’ and ‘Pay Later’

FinTech 36
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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.