Sat.Dec 09, 2023 - Fri.Dec 15, 2023

article thumbnail

Google Pay taps Affirm, Zip for BNPL

Payments Dive

The tech giant has linked with the buy now, pay later companies to develop installment payment options to be offered next year.

BNPL 210
article thumbnail

Three best practices to boost on-time payments using personalized links

Payments Next

By Steve Kramer, VP Product, PayNearMe Though many of us manage our bill payments quite smoothly, you might be surprised to learn The post Three best practices to boost on-time payments using personalized links first appeared on Payments NEXT.

article thumbnail

Trends in fintech that drive growth

Finextra

Fintech is a fast-changing ecosystem where there are few certainties. As 2023 comes to an end, it’s.

FinTech 138
article thumbnail

Here are the newly minted fintech unicorns

TechCrunch Fintech

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! We’re looking at a bunch of news — from new unicorns, to a fintech doing good, to one that shut […] © 2023 TechCrunch. All rights reserved.

FinTech 136
article thumbnail

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.

article thumbnail

Senators keep pressure on PayPal, Block

Payments Dive

Senate Democrats urged top executives at PayPal and Block in another round of letters to improve reimbursement for victims of payment scams.

Blocks 197
article thumbnail

FOMO Pay and Digibank Zand Join Forces for Asia-MENA Remittances

Fintech News

Singaporean payment institution FOMO Pay and United Arab Emirates’ digital bank Zand have partnered to improve cross-border payment efficiency between Asia and the Middle East and North Africa (MENA) region. This collaboration seeks to streamline B2B transactions and enhance the speed and cost-effectiveness of international remittances. The partnership between FOMO Pay and Zand Bank is expected to benefit businesses by offering more competitive rates and improved efficiency in handling pay

More Trending

article thumbnail

Investment in India is in free fall

TechCrunch Fintech

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. You shouldn’t compare apples to oranges, but similarly, comparing iPhones to Androids is a fool’s errand as well. Now that Apple is finally phasing out the Lightning connector after 11 years in favor of the more universal standard USB-C (across […] © 2023 TechCrunch.

FinTech 131
article thumbnail

Mastercard ties growth to digital strategy

Payments Dive

The network is advancing technologies to let consumers and businesses more easily use its cards, after doubling the number of merchants that accept them over the past five years.

Visa 197
article thumbnail

FP&A Software Cube faces “turmoil” after high profile exits and staff turnover

The Finance Weekly

FP&A Software Cube is reportedly in “turmoil” after suffering a spate of high profile exits and ongoing turnover, according to ex-employees at the company. Former Cube employees, speaking on the condition of anonymity, revealed that the New York-based FP&A solution recently let go of their Head of Sales and Head of Product The company is increasingly run by the company’s CEO Christina Ross and her head of Human Resources, the sources claim.

Finance 130
article thumbnail

Visa and Mastercard lower Canadian interchange fees

Finextra

Canada has finalised a deal with Visa and Mastercard to lower credit card interchange fees for small businesses.

Visa 134
article thumbnail

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

article thumbnail

Fintech in 2024: Predictions With Kueski, Protegrity, CMC Invest, Crowdstreet, Hokodo, Spendesk, Burges Salmon

The Fintech Times

It’s a time of reflection and anticipation at The Fintech Times throughout December, as we look back at developments and trends over the last 12 months and forward to the year ahead. We’re excited to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the agenda in 2024. insights served up today cover a wide range of topics, including investment trends in Latin America, the resilience of in

FinTech 129
article thumbnail

Authorized payment scams climb in US

Payments Dive

Such scams are expected to jump 50-plus percent to $3 billion by 2027, forcing financial institutions to address the rising threat, according to a new report.

Scams 183
article thumbnail

Best AI Finance News Sites

The Finance Weekly

Artificial intelligence (AI) is quickly progressing and becoming a bigger part of our everyday lives. Professionals, researchers, and enthusiasts must keep informed about the ,, latest AI news , especially in finance. Luckily, many websites offer in-depth coverage of the newest AI trends. In this article, we'll check out some of the best AI finance news sites to stay informed.

AI 130
article thumbnail

Swift Invites Fintech Pioneers to Join AI-Based Cross-Border Innovation Challenge

Fintech News

Swift has announced the launch of its first-ever “The Innovation Challenges” that invites participants to create AI-based solutions aimed at improving the efficiency and security of cross-border transactions. Registration is now open until 15 January 2024. The challenge arises from a Swift study highlighting the growing demand for transparency and security in low-value cross-border payments, especially among small and medium-sized enterprises (SMEs).

article thumbnail

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?

article thumbnail

Mastercard rolls out Wallet Express program to boost digital wallet uptake in Europe

NFCW

WEARABLES: Wallet Express makes it easier for banks to add support for contactless wearable devices Mastercard has launched a program that allows banks and card issuers across Europe to offer cardholders a wider range of digital wallet options for use on their smartphone or wearable device by streamlining the process of enabling support for multiple digital wallets simultaneously.

Visa 126
article thumbnail

Marshall keeps up CCCA crusade

Payments Dive

Sen. Roger Marshall acknowledged the Credit Card Competition Act bill may not get a vote this year, but he intends to keep pushing for passage in 2024.

article thumbnail

Credit Karma co-founder Nichole Mustard stepping down after more than 16 years

TechCrunch Fintech

Credit Karma co-founder and Chief Revenue Officer Nichole Mustard is leaving the company after 16-and-a-half years, TechCrunch has exclusively learned today. A spokesperson of the consumer fintech, now a subsidiary of Intuit, confirmed Mustard’s departure via email, writing only: “I can confirm she decided to leave the company, her contributions have been significant and we […] © 2023 TechCrunch.

FinTech 126
article thumbnail

Mastercard and NEC to Test Facial Recognition Checkout in Asia by 2024

Fintech News

Mastercard, in partnership with NEC , is set to pilot a facial recognition-based checkout system in Asia. The initiative is set to commence with trials next year, targeting potential markets in Asia, including Singapore and Indonesia. This initiative reflects the region’s keen adoption of new technologies, with over 80 percent of Mastercard transactions in Asia being contactless.

Visa 127
article thumbnail

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.

article thumbnail

Open Banking in 2024: Insight from Aryza, Axway, Cashflows, Entrust, Unlimit

The Fintech Times

It’s a time of reflection and anticipation at The Fintech Times throughout December, as we look back at developments and trends over the last 12 months and forward to the year ahead. We’re excited to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the agenda in 2024.

article thumbnail

The Clearing House revamps leadership

Payments Dive

Since his arrival in February, The Clearing House CEO David Watson has been remaking the company’s executive suite, with another appointment this week.

167
167
article thumbnail

Paris fashion house Balenciaga uses NFC to link limited edition garments to exclusive content

NFCW

CONNECTED APPAREL: The interactive hoodie is also printed with UK band Archive’s full discography CONNECTED APPAREL: The interactive hoodie is also printed with UK band Archive’s full discography CONNECTED APPAREL: The interactive hoodie is also printed with UK band Archive’s full discography International fashion house Balenciaga has released a limited edition collection of t-shirts and hoodies with an embedded NFC tag that enables purchasers to access an exclusive music track recorded by UK ba

CHIPS 124
article thumbnail

RBI Discusses CBDCs for Cross-Border Payments with HKMA, US Fed, and SWIFT

Fintech News

The Reserve Bank of India (RBI) has initiated discussions with the Hong Kong Monetary Authority (HKMA) , the US Federal Reserve, and the international payment platform SWIFT to explore the use of central bank digital currencies (CBDCs) for cross-border payments. This engagement is part of the RBI’s effort to advance its pilot projects on a digital rupee, focusing on its potential for retail and wholesale cross-border payment applications.

article thumbnail

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.

article thumbnail

Hot or Not? Experts Weigh in on Fintech Trends

Finovate

Much of our behind-the-scenes work at Finovate is determining what’s hot and what’s not in fintech and banking. But given the ever-evolving regulatory landscape, volatile consumer preferences, and fast-changing enabling technologies, it can be hard to keep up on current trends. And while we like to consider ourselves experts on the fintech landscape, it is always important to consult external thought leaders to gauge their thoughts on industry themes.

Metaverse 119
article thumbnail

Discover names banking exec as new CEO

Payments Dive

Michael G. Rhodes, previously the group head for Canadian personal banking at TD Bank Group, will take the helm at Discover in March.

167
167
article thumbnail

Car Connectivity Consortium launches certification program for NFC digital car key interoperability

NFCW

CERTIFICATION: A logo will show consumers that a product conforms to the CCC’s digital key standards The Car Connectivity Consortium (CCC) has launched a CCC Digital Key Certification program designed to embody trust, interoperability and compatibility and show that certified products conform to global compatibility standards for NFC digital car keys.

article thumbnail

6 Fintech Resources in Asia to Read in Preparation for 2024

Fintech News

In the dynamic world of fintech, staying informed about the latest trends and challenges is crucial for businesses and individuals alike. This guide delves into a curated list of five influential fintech reports and whitepapers, with each of the resources shedding light on critical aspects of the industry and the evolution of the landscape in key Asian markets.

FinTech 124
article thumbnail

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.

article thumbnail

Durbin-Marshall: Europeanizing the U.S. Payments System

Electronic Payments Coalition

The Electronic Payments Coalition (EPC) issued a new document examining the negative effects the credit card mandates, similar to those imposed in Europe, would have on American consumers and the nation’s economy. Europeans, as a result of government mandates, have significantly restricted access to credit cards, and those with cards face fees up to 105% higher than American cardholders.

article thumbnail

FedNow may have spurred RTP adoption

Payments Dive

The number of banks participating in The Clearing House’s real-time payments network surged this year after the launch of the rival FedNow system.

FedNow 130
article thumbnail

JCB to pilot softPOS technology for central bank digital currency transactions

NFCW

SOFTPOS: Users will be able to use a standard NFC device to transfer digital cash from one person to another Japan-based payments network JCB is to pilot a system that enables users to transfer central bank digital currency (CBDC) from a physical contactless card or their NFC smartphone to another person’s card or mobile device without needing an internet connection.

article thumbnail

Former BigPay, Monzo, VP Bank Leaders Launch Pave Bank with US$5.2M Funding

Fintech News

Pave Bank , a digital bank with programmable money and regulated digital assets, announced that it has officially launched following a US$5.2 million seed funding round. The fundraise was led by 468 Capital with participation from Quona Capital, FT Partners, BR Capital, w3.fund, Daedalus and angel investors. The founding team comprises Salim Dhanani (CEO), who previously co-founded BigPay ; Simon Vans-Colina (CTO), with a background at Citibank, Vocalink, Starling Bank before he co-founded Monzo

article thumbnail

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.