Sat.May 28, 2022 - Fri.Jun 03, 2022

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BNPL extends to gas, groceries

Payments Dive

Buy now-pay later providers have made their financing services more available for everyday purchases, offering consumers a tool to deal with inflation.

BNPL 167
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Bank of Ghana tests CBDC integration with mobile money providers

The Paypers

The Central Bank of Ghana (BoG) has announced it granted Vodafone Cash and CalBank customers the opportunity to test its online version of its digital currency (CBDC), the eCedi.

CBDC 78
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TransferMate, an international payments and money transfer company, hits $1B valuation with new financing from UK pension fund Railpen. TransferMate competitors are CurrencyFair, Flywire, TransferGo, Wise, and ZEPZ.

CB Insights

TransferMate , an international payments and money transfer company, has raised $70M in funding from the Railway Pension Trustee Co. Ltd. (Railpen). <span data-sheets-value='{"1":2,"2":"<div class="cbi-cta-shortcode-wrapper"><div class="cbi-cta-shortcode-content"></div><div class="cbi-cta-shortcode-forms" ><div class="cta has-desktop"><div class="cta-desktop center-copy "><h4&

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Gouvernance des API et sécurité: les bonnes pratiques pour atteindre vos objectifs de croissance

Axway

English translation provided below.

API 59
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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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Economic pressures stress payment fintechs

Payments Dive

PayPal, Klarna and Bolt have chopped their workforces in the face of mushrooming macro-economic pressures, suggesting a potential fintech shakeout in the offing.

FinTech 120
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Wise and Monzo deliver international transfers to UK businesses

The Paypers

Remittance platform Wise has partnered with Monzo to support international payments for their customers.

More Trending

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Scale your EDI in the cloud with a B2B integration platform

Axway

I’m often asked, “why do we need to move our B2B transactions to the cloud?” and all I can think when I hear this is: “why wouldn’t you move your B2B transactions to the cloud?”.

B2B 59
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Global Payments taps former BofA exec as next CFO

Payments Dive

Josh Whipple, a former investment banker, is taking the top finance job as the company gears up for more acquisitions to capitalize on a drop in valuations.

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South Africa's Sanlam buys controlling interest in Q Link fintech

The Paypers

South African financial services group Sanlam has bought a controlling interest in payment solutions provider Q Link, its first fintech investment.

FinTech 68
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European BNPL provider for B2B companies Mondu raises $43M from Peter Thiel’s Valar Ventures and others. Mondu competitors are Tranch, Previse, Billie, and Hokodo.

CB Insights

Mondu , a B2B buy now, pay later (BNPL) platform, has raised $43M in a Series A. The round drew participation from Valar Ventures, Cherry Ventures, and FinTech Collective, among others. <span data-sheets-value='{"1":2,"2":"<div class="cbi-cta-shortcode-wrapper"><div class="cbi-cta-shortcode-content"></div><div class="cbi-cta-shortcode-forms" ><div class="cta has-desktop"><div class="cta-d

BNPL 53
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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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Gouvernance des APIs et sécurité: les bonnes pratiques pour atteindre vos objectifs de croissance

Axway

English translation provided below.

API 52
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Block offers Apple tap-to-pay for merchants

Payments Dive

Block wants to attract more business clientele as fintech firms experience economic volatility. Offering tap-to-pay on the iPhone advances that goal.

Blocks 103
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Google banks AI systems used to generate deepfakes on Colab

The Paypers

Google has banned the training of AI systems that can be used to generate deepfakes on its Google Colaboratory (Colab) platform.

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Bloom, a revenue-based financing platform for e-commerce companies, raises $377.5M from Fortress Investment Group. Bloom competitors are Clearco, Pipe, Ritmo, and Wayflyer.

CB Insights

Bloom , a revenue-based lender, has raised $377.5M in a Series A. The round drew participation from Fortress Investment Group and Credo Capital Management. <span data-sheets-value='{"1":2,"2":"<div class="cbi-cta-shortcode-wrapper"><div class="cbi-cta-shortcode-content"></div><div class="cbi-cta-shortcode-forms" ><div class="cta has-desktop"><div class="cta-desktop center-copy ">&

Finance 53
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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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MFT vs. SFTP: Six benefits of modern Managed File Transfer

Axway

MFT stands for Managed File Transfer, while SFTP stands for Secure File Transfer Protocol. They represent two ways of sharing data, but MFT technologies have evolved so much that it’s hardly a fair comparison.

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Cross-border payments change as they rise: report

Payments Dive

Consumers and businesses are more frequently using digital means to send payments around the world, according to Mastercard's second annual report on cross-border payments.

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EBA releases report on Open Banking for SMEs

The Paypers

The Euro Banking Association (EBA) has released a report on the opportunities Open Banking provides for improving financial services offered to small and medium-sized enterprises (SMEs).

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Elo Reduces Payment Network Fraud by 30% With FICO Fraud Analytics

FICO

Reducing fraud during an e-commerce boom. Elo, one of the largest and most innovative payment providers in Brazil, has used FICO® Falcon® Fraud Manager to reduce fraud by 30 percent for card issuers using its payment network. The best-in-class cloud-based solution also managed to decline online fraudulent transactions and brute force attacks, a significant achievement as e-commerce boomed during the pandemic.

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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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MFT vs. SFTP: Six benefits of modern Managed File Transfer

Axway

MFT stands for Managed File Transfer, while SFTP stands for Secure File Transfer Protocol. They represent two ways of sharing data, but MFT technologies have evolved so much that it’s hardly a fair comparison.

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Klarna taps Marqeta for card

Payments Dive

The partnership comes as buy now-pay later providers seek to expand their customer bases amid market volatility and regulatory pressure.

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Mastercard launches Experience Centre for cybersecurity

The Paypers

Mastercard has rolled out its Experience Centre where international tech communities are invited to collaborate on cybersecurity innovation.

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UK Cards Report: Credit Card Payments Yet To Show Signs Of Distress

FICO

The FICO Credit Market Report for March 2022 shows that repayments remain a priority for credit card holders, suggesting that there will be greater reliance on credit over the coming months as the cost-of-living crisis deepens due to higher inflation. Highlights . Average card spend drops marginally by just under 2 percent compared to February. Small drop in average active balance – just over half a percent.

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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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MFT vs. SFTP: Six benefits of modern Managed File Transfer

Axway

MFT stands for Managed File Transfer, while SFTP stands for Secure File Transfer Protocol. They represent two ways of sharing data, but MFT technologies have evolved so much that it’s hardly a fair comparison.

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NMI aims to equip banks with modern payments tech

Payments Dive

As banks try to fend off competition from fintechs in merchant acquiring and processing, payments gateway NMI aims to capitalize by offering to bolster their services.

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Federal Revenue of Brazil requires tax payments on digital currency transactions

The Paypers

Brazil’s taxation body, the Federal Revenue of Brazil (RFB), has passed a law that will require investors to pay personal income tax when they exchange one digital currency for another.

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Visa's CEO braces for legislation

Payments Dive

Visa CEO Al Kelly said Sen. Dick Durbin is contemplating new legislation that would impose more pricing restrictions on the card industry. Kelly didn't elaborate and Durbin has been mum.

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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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Amex isn't afraid of inflation

Payments Dive

American Express CEO Steve Squeri is bullish on his cardholders' financial health and the broader economic situation, saying Thursday he expects inflation to moderate in 2023.

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Stripe's legal ops chief aims to curb spending

Payments Dive

The digital payments company’s legal team hopes to introduce more alternative fee structures to help gain more balance in outside law firm costs.

Legal 78
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Canadian merchants to pass interchange fees to consumers directly

The Paypers

Businesses in Canada may be eligible to claim credit card processing fee rebates after class action settlement with Visa and Mastercard.

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China Bank launches mobile app

The Paypers

China Bank has launched China Bank START, a mobile phone app that helps non-China Bank customers open a new account.

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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.