Cash App, Venmo app downloads decline
Payments Dive
FEBRUARY 5, 2025
Consumer downloads of apps like Cash App and Venmo dropped in the fourth quarter compared to the year-ago period, data from Wolfe Research shows.
Sat.Feb 01, 2025 - Fri.Feb 07, 2025
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Armenia Advances Digital ID Scheme as Part of Open Data Vision
Open Banking Excellence
FEBRUARY 6, 2025
Registering a birth in Armenia can often take weeks of form filling and bureaucratic back and forth, which can make a big difference to how parents feel during the initial days after pregnancy. With the launch of the countrys digital transformation programme, we plan to get that down to an average of just 97 seconds. This is just one example of how we are working to make Armenian citizens lives easier by digitising government services.
Telcoin Bank Steps Closer to Becoming the First Regulated Crypto Bank in the US
The Fintech Times
FEBRUARY 6, 2025
Nebraska’s Department of Banking and Finance has approved an application from blockchain-based financial service provider Telcoin to become the state’s first Digital Asset Depository Institution. This conditional approval brings Telcoin Bank, which is focused on digital assets, a step closer to becoming the first regulated crypto bank in the US.
Dub: the copy trading app that has teens talking
TechCrunch Fintech
FEBRUARY 2, 2025
Social media changed everything from news consumption to shopping. Now, Dub thinks it can do the same for investing through an influencer-driven marketplace where users can follow the trades of top investors with a few taps. Think of it as TikTok meets Wall Street. Founded by 23-year-old Steven Wang a Harvard drop-out who began […] 2024 TechCrunch.
A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026
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.
Slow Onboarding Drives Client Losses in Singapore’s Banks
Fintech News
FEBRUARY 4, 2025
Singapores banking sector is facing an unprecedented challenge as client attrition due to slow and inefficient onboarding practices has reached record levels, according to new research by Fenergo. A global study of over 150 C-level executives from corporate, institutional, and commercial banks in 2024 in Singapore revealed that almost 90% have lost clients over the past year due to delays and inefficiencies in onboarding – a dramatic 35% increase from 2023.
Flashpoint Made Its 8th Fintech Investment and Led a $3M Finance Round in INXY Payments to Revolutionize Crypto Payments for Businesses
Fintech Finance
FEBRUARY 6, 2025
INXY Payments , an EU-authorized payment platform bridging together traditional finance and the crypto economy, has successfully closed a $3 million investment round led by Flashpoint VC with participation from prominent angel investors. This funding will accelerate INXYs mission to simplify and secure crypto payments for businesses worldwide. With over $500M in annual transaction volume, INXY enables businesses to seamlessly accept, send, and exchange digital assets.
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Fintech Ramp lands Eagles’ Saquon Barkley as investor and Super Bowl commercial star
TechCrunch Fintech
FEBRUARY 6, 2025
Philadelphia Eagles star running back Saquon Barkley has not only become an investor in fintech startup Ramp, he is also the star of the companys first Super Bowl commercial. Interestingly, it was Barkley who reached out to Ramp about investing, not the other way around as is so often the case with celebrity endorsements. Barkley […] 2024 TechCrunch.
Preparing for the Future of Finance: Pathway 2035 for Financial Innovation
Fintech News
FEBRUARY 2, 2025
In January 2025, the Swiss Financial Innovation Desk (FIND) announced the release of Pathway 2035 for Financial Innovation Your Navigator , a guide designed to steer financial and fintech leaders toward a resilient future. Panel and Organising Committee of the Event ReDesigning Financial Innovation. ReDesigning Financial Innovation in Singapore (05.11.2024): Maha El Dimachki, Head of BIS Innovation Hub Singapore; David Birch, Global Thought Leader on Digital Finance; Claudia Grisard Barbour, Pa
FIS Unlocks Second Half of FedNow® Instant Payments Network Potential with New Send Certification
Fintech Finance
FEBRUARY 5, 2025
FIS (NYSE: FIS), a global leader in financial technology, has announced it is one of the first providers in the fintech industry certified to enable send capabilities for credit transfers in the Federal Reserves FedNow instant payment service. The addition of send capabilities and real-time alerts will enable FIS financial institution clients to fully harness the entire FedNow service by providing their consumers and commercial borrowers with a modernized and unified digital payment experience.
Avoided.io: Revolutionising chargeback management and fraud prevention
The Payments Association
FEBRUARY 3, 2025
In todays fast-paced digital landscape, managing payment disputes and chargebacks has become a significant challenge for businesses, especially in the e-commerce sector. Chargebacks, often triggered by fraud or customer disputes, can severely impact a companys revenue, reputation, and operational efficiency. Thats where avoided.io comes in, offering state-of-the-art Intelligent Chargeback Management Software that empowers businesses to tackle chargebacks before they become a financial burden.
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
Superlogic raises $13.7M at a $200M valuation to help consumers use reward points toward cool ‘experiences’
TechCrunch Fintech
FEBRUARY 6, 2025
Superlogic, a startup that helps give consumers a way to apply rewards points toward experiences, has raised $13.7 million at a $200 million valuation, the company tells TechCrunch exclusively. Lin Dai, CEO and co-founder of Miami-based Superlogic, said his companys technology is designed to enhance the value of rewards points by giving consumers a broader […] 2024 TechCrunch.
What You Need to Know About Singapore’s Most Common Payment Fraud
Fintech News
FEBRUARY 4, 2025
In the lead-up to Safer Internet Day, global payments provider Adyen has shed light on the evolving payment fraud landscape in Singapore. With its high level of digital payments maturity, the country has witnessed shifting trends in fraudulent activities. Unlike its regional counterparts, where fraud types like triangulation fraud and account takeover fraud are more common, Singapore has seen a rise in more sophisticated and creative forms of fraud.
PXP and Xolvis Announce Strategic Technology Partnership
Fintech Finance
FEBRUARY 4, 2025
PXP , l eading omnichannel global payment platform, today announces a new strategic partnership with Xolvis , the digital solutions platform, to deliver innovative payment solutions for Xolvis customers across multiple markets. Following the successful launch of its first project in the US market last year, the partnership is now set to expand into other regions, delivering innovative payment solutions to a broader consumer base.
Exclusive PXP research reveals key Insights into payment preferences
The Payments Association
FEBRUARY 4, 2025
PXP , the expert in global payment services, today shares the findings from exclusive new research conducted in collaboration with polling firm Censuswide, revealing the payment preferences, priorities, and frustrations of more than 4,000 consumers across the UK and US. The research uncovers compelling trends in how people choose to pay and what drives their decisions: Debit cards are the preferred payment method for all in-person transactions, except cruises, where credit cards prevail.
15 Modern Use Cases for Enterprise Business Intelligence
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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?
Entry Into iGaming Made Simple Following Latest Partnership Between PeerGame and HandCash
The Fintech Times
FEBRUARY 3, 2025
Players using the cryptocurrency gaming platform, PeerGame , will now be able to integrate their crypto wallets into the platform, enabling quick and easy-to-navigate transactions to take place, following a continued partnership with the digital wallet firm, HandCash. HandCash will enable new users looking to enjoy games provided by PeerGame to get involved in the crypto space without a lengthy sign-up process.
Fast and Flexible, Not Furious: How Top Card Issuers Win the Race
Fintech News
FEBRUARY 2, 2025
The importance of time-to-market is well explained in numbers. Fast innovators are 18 times more disruptive, reports BCG, and getting new products to market quickly generates more sales from them at least 30% of revenue. The good old Need for Speed game is played in many industries, including card issuance. Card issuers need for speed exists on several levels, and we at OpenWay see this firsthand, since our Way4 card management software is used by top banks, processors and fintechs around the w
XTransfer and Ecobank Group Partner to Empower African Small and Medium-Sized Enterprises’ (SMEs) Foreign Trade
Fintech Finance
FEBRUARY 6, 2025
XTransfer , the world-leading and China’s No.1 B2B Cross-Border Trade Payment Platform, and Ecobank Group , the leading private pan-African financial services group with unrivalled African expertise, have signed a landmark Memorandum of Understanding of Cooperation (MOU) to roll out comprehensive cross-border financial services to Africas small and medium-sized enterprises (SMEs) engaged in foreign trade.
PXP and Xolvis announces strategic technology partnership
The Payments Association
FEBRUARY 4, 2025
PXP , a leading omnichannel global payment platform, has forgeda new strategic partnership with Xolvis , the digital solutions platform, to deliver innovative payment solutions for Xolvis customers across multiple markets. Following the successful launch of its first project in the US market last year, the partnership is now set to expand into other regions, delivering innovative payment solutions to a broader consumer base.
Top Strategies to Future-Proof & Sustain Your Merchant Services Portfolio
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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.
How Important Is ‘The Human Touch’ in Customer Service as Firms Increasingly Use AI?
The Fintech Times
FEBRUARY 5, 2025
A couple of years after its initial boom, artificial intelligence (AI) still remains a huge buzzword in the fintech industry, as every firm looks at a new way of integrating the tech into its infrastructure to gain a competitive edge. Exploring how they are going about doing this in 2025, The Fintech Times is spotlighting some of the biggest themes in AI this February.
Paytm Cloud to Acquire 25% Stake in US Fintech For US$1 Million
Fintech News
FEBRUARY 3, 2025
Paytm s subsidiary, Paytm Cloud Technologies Limited (PCTL), is set to acquire a 25% stake in the US-based fintech startup Seven Technology LLC for 8.7 crore (US$1 million). This move follows Paytms recent announcement of plans to establish three new subsidiaries in the UAE, Saudi Arabia, and Singapore through PCTL, aiming to expand its tech-driven payment and financial services on a global scale.
FXellence Launches Multimarket Cross-Border Payment Solution Powered by Currencycloud
Fintech Finance
FEBRUARY 6, 2025
FXellence , a provider of fast, simple, and secure international business payments, has announced the launch of its new cross-border payment platform for businesses, FXellence International Payments, powered by Currencycloud , a Visa Direct offering. Available initially in the UK, the new platform caters to business clients, addressing common challenges faced when sending money abroad.
Open banking and open finance in the EU: Navigating the crossroads
The Payments Association
FEBRUARY 3, 2025
The EU’s shift to open banking and finance presents both opportunities and challenges, demanding a balance between innovation, security, and regulation. The European Unions commitment to digitalisation, coupled with the ambition to empower consumers, has positioned open banking and, subsequently, open finance as pivotal initiatives. The underlying premise is compelling: to democratise access to financial data, foster the development of personalised services, and ultimately stimulate compet
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.
Deepfake Dangers Escalate: AuthenticID Unveils Troubling Trends in 2025 Fraud Report
The Fintech Times
FEBRUARY 3, 2025
Identity fraud rates reached 2.1 per cent of transactions in 2024, with fraudsters increasingly leveraging artificial intelligence tools to target financial institutions, according to new research from AuthenticID, an identity verification provider. The report highlights a 76 per cent surge in phishing attempts and a 42 per cent increase in fake IDs and suspicious biometric transaction detections, signaling a shift towards more sophisticated fraud methods.
How AI, On-Demand Payroll, Financial Inclusion Will Redefine Payments in 2025
Payments Next
FEBRUARY 6, 2025
By CTO James Legan, PayQuicker As the payments industry evolves, three key trends will define 2025: the rise of AI-driven personalization, the The post How AI, On-Demand Payroll, Financial Inclusion Will Redefine Payments in 2025 first appeared on Payments NEXT.
Monite Introduces iFrame to Simplify AP/AR Adoption for B2Bs Globally, Driving a Data-Driven Shift in the Industry
Fintech Finance
FEBRUARY 6, 2025
Monite , the API-first embedded workflows pioneer, introduces its lightning-fast iFrame solution. With Monite’s iFrame, SMB platforms can bypass lengthy development cycles and deliver core financial features to their clients within 2 hours, gaining a competitive edge in the rapidly evolving market. The accelerated integration empowers SMB providers like vertical SaaS, neobanks and payment platforms to make agile, data-driven decisions, setting a new standard for speed and efficiency in the
PXP and Net Affinity join forces to streamline hotel payment journey
The Payments Association
FEBRUARY 4, 2025
PXP , a leading omnichannel global payment platform, has teamed up with Net Affinity, a leading provider of direct booking solutions for the hospitality industry. Their strategic collaboration will integrate PXPs next-generation payment technology with Net Affinitys advanced booking platform, enabling hotels to streamline reservations and payments in one unified solution.
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.
Third of U.S. small businesses add credit card surcharges
Payments Dive
FEBRUARY 3, 2025
The findings of a J.D. Power survey indicate that merchants are passing the cost of swipe fees onto customers, even though they’re lowering consumer satisfaction with the transaction.
Yuze Expands Business Banking Offerings to India, Supporting SME Growth in the Region
The Fintech Times
FEBRUARY 4, 2025
Yuze , a digital business banking platform based in the UAE, has revealed plans to expand its operations to India in the second quarter of 2025, with plans to simplify financial management for SMEs in the region. With many SMEs across India regularly facing challenges in accessing tailored financial services, Yuze aims to provide a range of solutions to empower these businesses to focus on growth.
Paymentology and Sticitt Join Forces, Cultivating Optimism in Future Generations Through Healthy Financial Habits
Fintech Finance
FEBRUARY 4, 2025
Paymentology , the leading global issuer processor, today announces its strategic partnership with South African fintech startup Sticitt. Sticitt is on a mission to help raise a generation of South African children with healthy financial habits from Schools with a strong financial foundation. This collaboration aims to revolutionise how schools handle finances and how children establish healthy money habits from a young age.
Mozarto launches its innovative proprietary code-free, payment orchestration platform
The Payments Association
FEBRUARY 3, 2025
Mozarto, an online payment orchestration platform, today announced the launch of its revolutionary product. Mozarto promises to change how merchants enable and manage multiple payment methods to help scale and reduce the cost of expanding into cross-border markets. Focusing on a leading-edge user interface and code-free user experience, Mozarto aims to provide merchants with the easiest way to manage multiple payment providers, optimise acceptance rates, and drive conversion to their end custome
Enhance Customer Value: Unleash Your Data’s Potential
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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.
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