Sat.Jan 04, 2025 - Fri.Jan 10, 2025

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How ‘frictionless’ payments may benefit, hurt consumers

Payments Dive

Such digital payments can slash transaction times, improve data security and provide valuable insights into consumer purchasing behavior and preferences.

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XTransfer Gets Green Light for Singapore Payment License

Fintech News

Cross-border payment firm XTransfer has received the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The license, issued on 1 January 2025, allows XTransfer to offer services such as account issuance, domestic and cross-border money transfers, flexible top-up options, and e-money issuance in Singapore. The company, founded in 2017, specialises in cross-border payment solutions tailored to small and medium-sized enterprises (SMEs).

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Finance AI Chatbots for Businesses

The Finance Weekly

Finance Artificial Intelligence (A)I chatbots are reshaping how businesses handle customer interactions and streamline financial operations. According to Gartner , chatbots and virtual assistants are changing the game for how businesses handle customer questions. More and more companies are turning to these tools, and by 2027, theyre expected to become the go-to option for customer service.

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dLocal Announces Expansion of Offering to UK Merchants With New Authorised Payment Institution License and Partnership With ICC

Fintech Finance

dLocal , the leading payment platform connecting global merchants to emerging markets, has announced that it has been granted the Authorised Payment Institution license from the Financial Conduct Authority (FCA) in the United Kingdom. This milestone positions dLocal to offer regulated payment services in the UK, bolstering its commitment to global compliance and expanding its service offerings for UK-based merchants.

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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.

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Viking Outdoor Footwear tests item-level QR codes for digital product passports

NFCW

DPP TRIAL: Viking product labels will include QR codes that link to item and sustainability information Customers of Norwegian footwear brand Viking Outdoor Footwear will soon be able to scan a unique QR code on individual products to discover an items sustainability credentials as part of a trial of digital product passports (DPPs). The brands test sees item-level QR codes in GS1s Digital Link format added to labels on a number of shoes and garments in its spring/summer ranges, opening up produ

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SC Ventures Launches Labamu to Aid APAC SMEs with Billing, Financial Tools

Fintech News

SC Ventures, Standard Chartereds fintech investment arm, has launched Labamu , an invoicing and billing platform for APAC small and medium enterprises (SMEs). Labamu aims to improve operations, increase sales, and provide access to financial services. The platform is initially rolling out in Indonesia. SMEs account for 90% of businesses and 80% of employment across six Southeast Asian countries, representing a market worth US$2.5 trillion.

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Introducing Adyen Uplift: The Payment Solution Optimizing Every Transaction With AI

Fintech Finance

Adyen , the global financial technology platform of choice for leading businesses, announces the launch of Adyen Uplift. The AI-powered payment optimization suite will help businesses increase payment conversion, simplify fraud management, and reduce the cost of payments. Adyens customers can utilize data-driven, tailored performance recommendations and opportunities to test different payment configurations to maximize performance.

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Global Network Tokenised Transactions Set to Double by 2029, Says Juniper Research

The Fintech Times

Global network tokenised transactions could double by 2029, rising from 283 billion in 2025 to 574 billion in 2029; according to new research by fintech and payments markets expert Juniper Research. As the popularity of digital payments continues to grow, the importance of the role of network tokenisation is also on the rise. Network tokens are virtual representations that replace sensitive card details with tokens issued by card networks.

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Skyee Receives In-Principle Approval (IPA) for Major Payment Institution License (MPI) from the Monetary Authority of Singapore (MAS)

Fintech News

Skyee Pte. Ltd. (Skyee) is excited to announce that it has been granted In-Principle Approval (IPA) for the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Skyee is a wholly owned subsidiary of Skyee Group a Chinese leading cross border payment solution provider in China, Europe, North America and North Asia. If obtained, the MPI license will allow Skyee to service its Singapore market, further enhancing the payment experience for cross-border sellers, str

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The future of payments: Key trends that will shape 2025

The Payments Association

The payments industry in 2025 will see advancements in real-time payments, AI tools, and voice-activated technologies reshaping consumer and business interactions. The payments industry is evolving faster than ever, with trends like real-time payments, subscription innovations, and AI-powered tools redefining how businesses and consumers interact. From pay-by-bank solutions to futuristic voice-activated payments, 2025 promises to bring significant advancements.

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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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HyperPay Obtains License From the Saudi Central Bank to Expand Digital Payment Services in the Kingdom

Fintech Finance

The Saudi Central Bank (SAMA) has announced the granting of a license to HyperPay Inc. Saudi Arabia for Information Systems Technology to operate digital payment services via an electronic wallet in the Kingdom. This license marks an important step in enhancing the companys position in the growing digital payments market in Saudi Arabia. HyperPay is a leading company in the financial technology sector, aiming to support the transition to a less cash-dependent society by offering innovative payme

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Paysafe Set to Flourish in Brazilian iGaming Market Following New Payment Institution Licence

The Fintech Times

Global payments platform, Paysafe will now be able to expand its payment partnerships in Latin America (LatAm) to iGaming operators following approval from the Central Bank of Brazil (BCB) for a payment institution licence. In addition to partnering with more operators, the new licence will enable Paysafe to support Brazilian merchants in a range of other industries with e-commerce payments.

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Aspire and Rakkar to Host Seminars on Digital Finance for Founders

Fintech News

Aspire, a global finance platform for businesses, has partnered with digital asset custodian Rakkar to help founders navigate the evolving digital finance landscape. The collaboration focuses on equipping founders with the knowledge and tools to ensure secure and compliant operations in a rapidly evolving financial landscape. Through a series of seminars, the partnership will provide practical insights into high-impact topics within digital finance.

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Payments plays gather momentum in 2025: 6 industry trends to watch

Payments Dive

Deregulation, artificial intelligence and stablecoin use are among the industry forces that will drive more digital payments use and innovation this year.

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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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Checkout.com and noqodi Collaborate to Revolutionize Payment Services in the UAE

Fintech Finance

Global payment solutions provider Checkout.com , has entered a strategic partnership with noqodi , a payment gateway and financial service provider, to elevate the payment experience for businesses and consumers in the UAE. As part of the collaboration, Checkout.com will integrate its cutting-edge payment technology with noqodis robust digital platform, offering seamless and secure payment solutions.

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Eltropy Acquires Collections Technology Provider Lexop

Finovate

Eltropy has acquired collections technology provider Lexop for an undisclosed amount. Eltropy will integrate its AI-powered communication solution with Lexop’s compassionate debt resolution technology to help community financial institutions streamline collections, reduce delinquencies, and improve borrower experiences. The combination of Lexops self-service payment portal and Eltropys communication platform will allow borrowers to easily make payments while enabling lenders to recover deb

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Tietoevry Banking Registration Enables it to Verify Payer and Payee Identities for European Banks

The Fintech Times

Tietoevry Banking , a financial software solution provider based in the Nordics, has registered with the European Payments Council as a provider of routing and verification mechanisms (RVM) for verification of payee (VoP) solutions. Tietoevry Banking has also partnered with Movitz Payments , enabling it to include confirmation of both payer and payee adding an extra layer of security and confirmation for banks and their customers.

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Ally lays off hundreds of employees

Payments Dive

The digital bank also said this month that it’s exploring strategic alternatives for its credit card business.

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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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XTransfer Officially Receives MPI License from the Monetary Authority of Singapore

Fintech Finance

XTransfer , the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform , was granted the Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS). This significant milestone strengthens XTransfer’s leading position in the B2B cross-border payments industry.

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Finovate Global Ireland: Innovations in Payments, Regtech, and Debt Consolidation

Finovate

This week’s edition of Finovate Global looks at recent fintech headlines from Ireland. NomuPay secures $37 million at a valuation of $200 million Dublin, Ireland-based fintech NomuPay announced an investment of $37 million this week. The funding round, which began in September, gives the company a valuation of $200 million. The company will leverage the new capital to help accelerate the expansion of unified payment access in Asia. “Over the past two years, we’ve grown our reve

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Accelerating MEA Travel Sector Payments: Qashio and Visa Announce New Partnership

The Fintech Times

Looking to improve payments in the Middle East travel sector, Qashio , the spend management solutions provider has partnered with Visa , the digital payments organisation, to launch the Visa Commercial Choice Travel Programme. Travel companies in the region will now be able to obtain Qashio cards and transact in different currencies including AED, SAR, USD, EUR and GBP issued from UAE enabling payments and settlements in multiple currencies.

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B2C embedded payments are a crowd favorite, but what does the B2B landscape look like in 2025?

Tearsheet

Embedded payments are becoming a staple in the B2C world, and more businesses are also jumping on board, aiming to streamline and automate processes from payroll (automated invoicing) to procurement (trade credit). However, B2B transactions in embedded payments are more challenging and don’t flow as easily as B2C ones. B2B is anything but seamless, Daniel Artin, Head of Fintech Partnerships at Boost Payment Solutions told PYMNTS.

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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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PXP Appoints Alex Apergis as Chief Revenue Officer and Transforms Its Brand, Reflecting Its Ambition to Create a Tech-First Global Commerce Ecosystem

Fintech Finance

PXP , a leading omnichannel global payment platform and innovative industry disruptor, have announced the appointment of Alex Apergis as its new Chief Revenue Officer to supercharge global growth. Alongside this strategic leadership addition, PXP is transforming its brand to reflect its innovative tech-first strategy to create a global commerce ecosystem.

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DBS Reports Rising Popularity of Digital Ang Baos Among Singaporeans

Fintech News

Digital Ang Baos are gaining popularity in Singapore, with DBS/POSB reporting a doubling of customers using their digital gifting services in 2024 compared to the previous year. Over 70% of these customers were first-time users of the bank’s QR Ang Bao and eGift services, transferring a total of SGD 39 million during the Lunar New Year period.

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VC Firm FIA Ventures Launches in DIFC: Offering Guidance and Strategic Support Alongside Investment

The Fintech Times

A new private venture capitalist firm headquartered in the Dubai International Financial Centre (DIFC), FIA Ventures , has officially launched. Founded by Mohammed Saleem , who also founded global business events and consulting firm Trescon , FIA Ventures says it is committed to reshaping the venture capital landscape by empowering early-stage tech startups.

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Digital payments on the rise in Europe, but cash still king at POS

Finextra

While the use of digital payments continues to rise in the euro area, cash is still responsible for more than half of all point-of-sale transactions, according to a European Central Bank study.

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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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Post-Holiday Returns, Chargebacks Could Undermine Record-Breaking 2024 Shopping Season

Fintech Finance

The 2024 holiday shopping season shattered records, with consumers spending $1.2 trillion online globally, according to a Salesforce report released Monday. In the UK, in-store sales alone were projected to generate nearly 56 billion. However, the surge in holiday sales will soon be accompanied by a rise in product returns and disputed transactions, according to experts at Chargebacks911 , signaling a challenging start to 2025 for retailers known as the holiday hangover.

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Fraudsters target RTP, FedNow newcomers

Bank Automation

The Clearing House and Federal Reserve publicize the adoption of their payments rails, Real Time Payments and FedNow, by posting on their websites which financial institutions are live on their networks offering something of a roadmap for fraudsters to take advantage of newly onboarded FIs. The reason why [fraudsters] target new financial institutions is […] The post Fraudsters target RTP, FedNow newcomers appeared first on Bank Automation News.

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iDenfy Files Patent for Address Verification Solution That Mixes Physical and Digital Techniques

The Fintech Times

iDenfy , the global fraud prevention identity verification service provider, has filed a patent for technology that verifies a user’s address data. Through the use of its address verification technology, iDenfy hopes to set a new standard for reliability and security, helping businesses combat fraud and prevent document forgery more effectively.

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doxo Launches doxoBILLS to Further Facilitate Consumer Billpay

Finovate

doxo launched doxoBILLS , a new platform that combines six key features to help consumers manage household finances more effectively. Among the new tools are all-in-one bill pay, real-time bank balance insights, credit score protection, $1 million in identity theft protection, and utility usage tracking. While doxoBILLS offers standard features for free, premium options like identity theft protection and overdraft safeguards are available through the doxoPLUS subscription, priced at $5.99 per mo

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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.