Sat.Feb 01, 2025 - Fri.Feb 07, 2025

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Cash App, Venmo app downloads decline

Payments Dive

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.

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Armenia Advances Digital ID Scheme as Part of Open Data Vision

Open Banking Excellence

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.

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Dub: the copy trading app that has teens talking

TechCrunch Fintech

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.

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Slow Onboarding Drives Client Losses in Singapore’s Banks

Fintech News

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.

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Future-Proofing Enterprise Commerce: Why Extensibility Wins with Shopify

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

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Milwaukee Brewers introduce biometric stadium access

NFCW

FACE RECOGNITION: Fans add a selfie in the MLB Ballpark app to enable biometric access to the stadium Milwaukee Brewers fans will be able to access the baseball team’s American Family Field home stadium more quickly this season by signing up for a new face biometric access control system. The Brewers have installed Major League Baseball’s MLB Go-Ahead Entry solution at the stadium’s Home Plate West and Third Base gates, “providing quicker ingress so fans can enjoy every a

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FIS Unlocks Second Half of FedNow® Instant Payments Network Potential with New Send Certification

Fintech Finance

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.

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What You Need to Know About Singapore’s Most Common Payment Fraud

Fintech News

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.

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Avoided.io: Revolutionising chargeback management and fraud prevention

The Payments Association

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.

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PXP and Xolvis Announce Strategic Technology Partnership

Fintech Finance

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.

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Superlogic raises $13.7M at a $200M valuation to help consumers use reward points toward cool ‘experiences’

TechCrunch Fintech

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.

Consumer 101
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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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Paytm Cloud to Acquire 25% Stake in US Fintech For US$1 Million

Fintech News

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.

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Exclusive PXP research reveals key Insights into payment preferences

The Payments Association

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.

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XTransfer and Ecobank Group Partner to Empower African Small and Medium-Sized Enterprises’ (SMEs) Foreign Trade

Fintech Finance

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.

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How Important Is ‘The Human Touch’ in Customer Service as Firms Increasingly Use AI?

The Fintech Times

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.

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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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Fast and Flexible, Not Furious: How Top Card Issuers Win the Race

Fintech News

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

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PXP and Xolvis announces strategic technology partnership

The Payments Association

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.

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FXellence Launches Multimarket Cross-Border Payment Solution Powered by Currencycloud

Fintech Finance

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.

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Entry Into iGaming Made Simple Following Latest Partnership Between PeerGame and HandCash

The Fintech Times

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.

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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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Additiv Expands in APAC with New Jakarta Office

Fintech News

additiv , a Swiss-based fintech firm specialising in embedded finance solutions, has opened a new office in Jakarta, Indonesia, as part of its Asia-Pacific expansion. The Jakarta office is located in District 8, a prominent mixed-use development that includes premium office spaces. It will serve as a hub for additivs Indonesian operations, strengthening support for existing clients and partners while exploring new opportunities in Southeast Asias largest economy.

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PXP and Net Affinity join forces to streamline hotel payment journey

The Payments Association

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.

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Monite Introduces iFrame to Simplify AP/AR Adoption for B2Bs Globally, Driving a Data-Driven Shift in the Industry

Fintech Finance

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

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Deepfake Dangers Escalate: AuthenticID Unveils Troubling Trends in 2025 Fraud Report

The Fintech Times

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.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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How AI, On-Demand Payroll, Financial Inclusion Will Redefine Payments in 2025

Payments Next

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.

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Third of U.S. small businesses add credit card surcharges

Payments Dive

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.

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Paymentology and Sticitt Join Forces, Cultivating Optimism in Future Generations Through Healthy Financial Habits

Fintech Finance

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.

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DFS to pilot digital product passports for furniture

NFCW

UK PILOT: Project aims to show how DPPs can be practically implemented in the furniture industry Furniture manufacturer and retailer DFS , which has 115 stores across the UK, has signed a deal to pilot digital product passports (DPPs). “This pilot project, led by Technovative Solutions, will act as a blueprint for regulators, demonstrating how DPPs can be practically implemented and tailored to industry needs,” Technovative says. “By collaborating with forward-thinking manufact

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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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Mozarto launches its innovative proprietary code-free, payment orchestration platform

The Payments Association

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

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Yuze Expands Business Banking Offerings to India, Supporting SME Growth in the Region

The Fintech Times

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.

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Paraguayan Tourists in Brazil Can Now Pay with Pix Thanks to the Bancard and PagBrasil Partnership

Fintech Finance

Bancard , a leading technology services platform, is partnering with PagBrasil , a fintech specializing in digital payments for businesses worldwide, to enable Paraguayans traveling to Brazil to use Pix via QR codes directly from their preferred banking apps. This eliminates the need for currency exchange or carrying cash. Through this collaboration, Bancard will offer this service to banks in Paraguay, enhancing convenience and financial accessibility for Paraguayan travelers.

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Treasury responds to concerns about Musk ‘meddling’

Payments Dive

A Treasury Department official sought to allay a senator’s concerns about DOGE staffers gaining access to the U.S. payments system, but sidestepped questions Tuesday. The issue escalated at a Wednesday hearing.

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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.