Sat.Apr 05, 2025 - Fri.Apr 11, 2025

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The Top Payment Methods For Small Businesses

Stax

Question: what’s the best way for your business to get paid while satisfying your customer’s need for varied payment options and convenience? Answer: know the top modes of payment your customers prefer, and ensure you accept them. In this guide, well help you do just that by exploring all the major payment methods for small business. Well highlight the pros and cons of each payment medium to help you narrow down the right options for your company.

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Bank of America Puts $4billion Towards New Tech Initiatives as it Reflects on Success of AI

The Fintech Times

Artificial intelligence (AI) is helping organisations take their offerings to the next level, and reflecting on how it has done so over the last few years for itself, the US based financial institution, Bank of America has revealed that AI is now embedded across multiple business lines and areas including global technology, operations and training. Bank of America spends $13billion annually on technology, of which approximately $4billion will be directed to new technology initiatives in 2025.

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MyGuava Business is Helping Local Businesses in the UK Save Money on Payments

Fintech Finance

MyGuava Business helps small and medium-sized businesses in the UK to manage the challenge of payment processing fees, which have long been an unavoidable cost of operation. Whether through in-store POS terminals or online transactions, these fees directly impact profit margins, often leaving smaller businesses at a disadvantage compared to larger enterprises.

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How Merchants Can Calculate Their Credit Card Processing Rates

Clearly Payments

Credit card processing fees can be confusing for many businesses. Understanding how to calculate your true processing rate is key to managing your costs and finding the right payments partner. At Clearly Payments, were all about transparency. Heres a straightforward way to calculate your effective credit card processing rate and what it means for your bottom line.

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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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Alvin Tan Urges Clearer Product Disclosures Following Chocolate Finance Incident

Fintech News

Singapores Minister of State for Trade and Industry and Culture, Community and Youth Alvin Tan has called for stronger investor safeguards and clearer product disclosures following the recent Chocolate Finance incident. The fintech saw users tapping its rewards programme in ways that proved unsustainable. In response, the company made changes to its features with limited communication, resulting in user frustration and a sharp increase in withdrawal requests.

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From Presence to Performance: Rethinking LinkedIn for Business Growth

The Fintech Times

In fintech, speed is everything but so is visibility. Ive spent years helping fast-growth startups and established players navigate this high-stakes, high-noise industry, and among all the change, one thing stays the same: if youre not showing up, youre falling behind. In a space where challenger banks, SaaS disruptors, and embedded finance platforms are all vying for mindshare, the brands that break through are the ones that play smartest, not loudest.

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Ripple Moves into Prime Brokerage with Hidden Road Acquisition

Finovate

Ripple will acquire Hidden Road for $1.25 billion, making it the first crypto company to own and operate a global, multi-asset prime broker. The acquisition expands Ripple’s offerings beyond payments into trading, custody, and lending services, providing financial institutions the infrastructure they need for crypto adoption. Between recent regulatory shifts in the US and Hidden Roads capabilities, Ripple is positioning itself to become a full-service financial hub as digital assets gain m

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SNEAK PEAK: PAY360 state of payments survey 2024 findings revealed​

The Payments Association

SNEAK PEAK: PAY360 state of payments survey 2024 findings revealed August 22, 2024 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The findings of The Payments Association’s State of the Industry 2024 survey, which examines the current state and future challenges of the payments industry. Why is it important? It provides crucial insights into emerging trends, challenges, and opportunities in the payments sector, helping stakeholders make informed decisions.

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Revolut People Launches AI-Driven Tool Suite to Enhance Talent Management for Companies

The Fintech Times

Revolut People , the performance management platform behind Revoluts global growth to over 10,000 employees, is launching a suite of integrated AI-driven tools which aim to enhance talent management for companies. Revolut is already rolling out these tools across its workforce, including AI-driven performance reviews, AI interview and summarisation, and AI-driven engagement surveys.

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ACI Worldwide Survey Shows Nearly 40% of Taxpayers Will Use Refunds for Debt Relief

Fintech Finance

A new income tax survey from ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, developed in partnership with YouGov , shows that nearly 40% of taxpayers would use their tax refund to pay debt (e.g., credit cards, loans, etc.), suggesting that the inflationary economy is eroding disposable income as Americans turn to tax refunds for debt relief.

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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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Hawk Raises $56 Million in Series C Funding to Help Banks Fight Financial Crime

Finovate

AI-powered anti-money laundering (AML) company Hawk has raised $56 million in Series C funding. The investment will fuel product innovation for the Munich, Germany-based fintech, as well as power the company’s expansion plans. Hawk made its Finovate debut at FinovateSpring 2022 in San Francisco. The company was founded in 2018. Hawk , a company offering AI-powered anti-money laundering (AML), screening, and fraud prevention solutions, has secured $56 million in Series C funding.

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Microsoft Announces End of Support for Dynamics GP: What It Means and How to Prepare

EBizCharge

Microsoft Dynamics GP (formerly Great Plains) is an enterprise resource planning (ERP) solution that offers a wide range of tools to help companies manage their core business and financial management operations, such as accounting, inventory, sales, purchasing, and more. While this ERP has been a reliable, on-premise solution for many years, Microsoft has gradually shifted its focus toward cloud-based ERP systems, signaling a transition away from traditional platforms like Dynamics GP.

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Innovate Finance Outlines New Collaborative Anti-Fraud Strategy to ‘Smash Fraud’ in the UK

The Fintech Times

Innovate Finance , the industry body for UK fintech, is calling for increased industry collaboration to help halve fraud in the UK by 2028 in its new anti-fraud strategy. Through A Technology Strategy to Smash Fraud , Innovate Finance sets out a clear plan to crack down on payment fraud in the UK, which currently costs the region at least 1.2billion annually.

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Luckin Coffee Partners With Stripe to Go Global Faster, Enabling a Seamless Customer Experience

Fintech Finance

Stripe , a financial infrastructure platform for businesses, announced a strategic partnership with Luckin Coffee , China’s leading coffee chain, to support its international expansion plans. Leveraging Stripe’s scalable infrastructure, technical support, and localization capabilities, Luckin Coffee has established a robust cross-border payment system to power its growth in Singapore and Malaysia.

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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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Wise to Open Hyderabad Hub, Launches New Payment Feature for Indian Firms

Fintech News

Wise announced plans to open a new operational hub in Hyderabad, India, and has launched a new service for Indian businesses and freelancers to receive international payments. The Hyderabad office, described as a full stack hub, is due to open in the second half of this year and will support functions including product development, engineering, and operations.

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Security Bank Collaborates with Entrust to Enhance eKYC and Digital Onboarding

Finovate

Philippines-based Security Bank has announced a new collaboration with Entrust. The partnership will help the financial institution enhance its electronic Know Your Customer (eKYC) and digital onboarding processes. Headquartered in Minneapolis, Minnesota, Entrust is a veteran of Finovate’s developer conferences in 2015 and 2016. Identity-as-a-Service (IDaaS) innovator Entrust has entered into a new collaboration with leading Philippines-based financial institution Security Bank.

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Shopify Launches Affirm Powered Instalment Payment Options to Customers in Canada

The Fintech Times

Affirm , a payment network aiming to empower consumers and help merchants drive growth, is teaming up with Shopify , the internet infrastructure for commerce provider, to enable merchants in Canada to offer customers the option to pay in instalments. Shopify merchants in Canada with early access can now offer Shop Pay instalments, powered by Affirm, to shoppers, marking the products first availability outside the US.

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PayDo Releases Team Members Feature for Business Accounts

Fintech Finance

PayDo , a UK EMI-licensed fintech company, announced the launch of Team Members Feature. This upgrade to their Business Accounts was designed to help companies manage financial operations collaboratively. A step up from one business account per company, this feature now allows businesses to get all hands on deck with hundreds of employees gaining access to one dashboard at no detriment to its performance, for greater control, security, and 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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FOMO Pay Adds Vietnam to Cross-Border Network with Launch of VND Accounts

Fintech News

Singapore and Hong Kong-licensed payment institution FOMO Pay has launched local Vietnamese Dong (VND) virtual accounts. The service enables merchants, corporates, and institutions to send and receive VND within Vietnam using locally issued virtual accounts under their own names via the countrys local payment infrastructure. The introduction of VND accounts aims to support cross-border transactions involving Vietnam by potentially speeding up settlement, simplifying payment reconciliation, and i

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Fintech Review: A Guide

Fintech Review

Welcome to the Fintech Review guide , our definitive source for everything fintech. Over the years, weve covered a broad range of fintech topics from digital banking to decentralised finance , regtech , green fintech , and more. Through interviews, opinion pieces, and sector-specific deep dives, weve helped readers understand where fintech is today and where its going.

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Lloyds Banking Group Leverages Google Cloud Vertex AI to Drive Personalisation

The Fintech Times

In a move to advance its strategic transformation, Lloyds Banking Group is leveraging the artificial intelligence (AI) and data science capabilities of Google Cloud. By partnering with Google Cloud, Lloyds is aiming to transform customer and colleague experience and unlock opportunities to innovate, enhancing its ability to provide personalised financial services.

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Weavr Integrates B4B Payments, Boosting European Payment Flexibility

Fintech Finance

Embedded finance specialist Weavr expands its capabilities by integrating B4B Payments , the globally recognised provider of card issuing and integrated payment services, into its embeddable financial solutions platform. The partnership marks a significant step in Weavrs evolution into a multi-financial institution provider model, reinforcing its leadership in embedded finance and enhancing the choice and flexibility offered to customers.

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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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Another Revolut Fine – This Time from the Central Bank of Lithuania

Neopay

On 8 April 2025, the Bank of Lithuania imposed a 3.5 million penalty on Revolut Bank UAB the largest penalty ever for the neobank for the deficiencies in its financial crime prevention system. The central bank’s inspection revealed breakdowns in Revolut’s transaction monitoring systems and deficiencies in detecting potentially suspicious activity.

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5 Signs Your Business Has Outgrown Square

Cardfellow

With its minimal underwriting and fast setup, it lowered the barriers to entry for small businesses seeking credit card processing. Suddenly, business owners could download an app, sign up for an account, and accept credit cards within days or even hours. There was no lengthy application before you could start accepting cards, and Squares simple flat rate pricing structure was much easier to understand than complex tiered or interchange plus models.

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Stripe Powers Cross-Border Payment System for Luckin Coffee Growth in Singapore and Malaysia

The Fintech Times

Stripe , the financial infrastructure platform for businesses, has partnered with China-based coffee chain Luckin Coffee to support its international expansion plans. Leveraging scalable infrastructure, technical support, and localisation capabilities from Stripe, Luckin Coffee has established a robust cross-border payment system to power its growth in Singapore and Malaysia.

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Paysend Partners With Tink to Enhance Open Banking Payments for Faster Seamless Transfers

Fintech Finance

Paysend , the global fintech growing the world’s largest digital payment network – unifying over 20 billion endpoints into a single global, open and instant payment system – has partnered with Tink, A Visa Solution , to enhance its Open Banking capabilities. By integrating Tink’s market-leading solutions, Paysend is improving coverage, speed and payment quality for customers in key markets.

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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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Airwallex Reports 153% Revenue Growth in Singapore for 2024

Fintech News

Airwallex , a global financial technology platform, reported a 153% year-on-year revenue increase in Singapore for FY2024. The company attributed the jump to strong transaction volumes and a particularly robust fourth quarter. The global payments and financial platform said revenue in Q4 2024 rose 215% year-on-year, while transaction volumes were up 192% during the same period.

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Credit Card Processing Rates: How Much Does It Cost to Process Payments in 2025?

Stax

For many small business owners, credit card processing fees may seem like a hefty price to pay for providing convenience to customers. Even if you consider them to be a cost of doing business, credit card fees can quickly eat away at your already slim profit margins. Merchants paid a record $172 billion in payment processing fees in 2023. This figure may continue to climb as inflation rises and credit card networks boost their processing rates.

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Expanding Pix: Central Bank of Brazil Launches New Features To Improve Security and Flexibility

The Fintech Times

Pix, the popular payment method in Brazil run by the Central Bank of Brazil , is having its payment capabilities expanded upon as the central bank has announced a myriad of new features, including instalment payments. The announcement , which was made on the central bank’s YouTube channel, announced four new features coming to Pix : Pix instalments Pix under warranty Pix transaction disputes Pix scheduling Pix Parcelado The pay over time functionality for Pix, called Pix Parcelado, will al

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Mastercard and PayTabs Collaborate to Empower Egypt’s Small and Medium Enterprises Through Private-Labeled Digital Payment Solutions

Fintech Finance

Mastercard announced a strategic collaboration with PayTabs Group to facilitate digital payment solutions for small and medium enterprises in Egypt. Through this collaboration, PayTabs will leverage Mastercard’s global network and digital payments capabilities to provide merchants with a while-labelled digital payments platform. This solution is designed to elevate payment acceptance capabilities for small and medium enterprises, driving the widespread adoption of contactless payments whil

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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.