Sat.Jan 11, 2025 - Fri.Jan 17, 2025

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X plans payment integration with X Money in 2025

The Paypers

Social media company X has outlined its ambition to evolve into an all-encompassing platform with the launch of the X Money payment feature scheduled for 2025.

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Block agrees to pay $255M to regulators for Cash App deficiencies

Payments Dive

The digital payments provider agreed to pay penalties to the Consumer Financial Protection Bureau and a group of states under settlements that alleged the company violated banking laws.

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Cross-Border QR Payments Now Live Between Vietnam and Laos

Fintech News

Vietnam and Laos have officially launched a new framework for settling payments in their local currencies and a cross-border QR code payment system. The initiative, announced at the 47th meeting of the Vietnam-Laos Intergovernmental Committee, aims to boost bilateral trade, investment, and tourism. Vietnamese Prime Minister Pham Minh Chinh and Lao Prime Minister Sonexay Siphandone were present at the launch.

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Paymentology, audax, and Mastercard Launch Report Highlighting the Future of Payments with Cards-as-a-Service (CaaS)

Fintech Finance

Paymentology , the leading global issuer processor, in partnership with audax, a comprehensive digital banking technology solutions provider backed by Standard Chartered, and Mastercard , a global leader in payment technology and network solutions, announces the launch of a new report titled “Understanding Cards-as-a-Service (CaaS) and the Power of Strategic Partnerships.” The report highlights the transformative potential of CaaS in enabling banks and fintechs to become distributors

Visa 105
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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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Beijing introduces dedicated mobile payments devices for foreign visitors

NFCW

BEIJING PASS: The devices make it simple to access local mobile payments services on visits to China Travellers arriving at Beijing Capital Airport are now able to rent a dedicated mobile payments and local communications device from a service desk in the Terminal 3 arrivals hall, making it quick and easy to access local mobile payments services during their visit to China. “The Beijing Pass device, co-developed by UnionPay, Bank of Beijing and Beijing Unicom, is a compact terminal that fu

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Chainalysis Acquires AI Fraud Detection Firm Alterya

Fintech News

Blockchain analysis firm Chainalysis has acquired Alterya , an AI-based fraud detection platform focused on identifying scams before they impact victims. Alterya, which launched in stealth mode, has collaborated with cryptocurrency exchanges like Binance, Coinbase, and Block, along with financial institutions, to monitor over US$8 billion in monthly transactions across crypto and fiat systems.

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Air Europa Allows Split Payment for Tickets in the Online Purchase Process

Fintech Finance

Air Europa continues extending the options for its customers to customize the shopping experience to suit their needs. To achieve this, the airline now offers Hands Ins split payment technology on its website, enabling customers to divide ticket costs between multiple travellers or credit cards at checkout. Since launching this feature in June 2024, Air Europa has generated 3.8M + in incremental revenue and 15,000+ unique profiles using split payments, underscoring the features popularity and cu

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Fintechs urged to embrace accessibility

Finextra

As the June 2025 deadline for the European Accessibility Act approaches, design agency Nexer Digital has launched a new campaign, 'I Matter Too', to raise awareness about the importance of inclusive online experiences in the fintech sector.

FinTech 114
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Mastercard agrees to pay $26M to settle discrimination lawsuit

Payments Dive

The card network entered the agreement to settle a proposed class action that alleged it discriminated against Black, Hispanic and female employees by underpaying them.

Visa 174
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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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What’s Fueling Southeast Asia Fintech Golden Age?

Fintech News

Southeast Asias fintech industry is flourishing, driven by soaring adoption of digital payments, alternative lending, and wealthtech. The regions strong fundamentals, coupled with a growing digital economy, promise continued growth and innovation in the coming years, a new report by Royal Park Partners (RPP), a fintech-focused corporate finance advisory firm, says.

FinTech 117
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AIsa Unveils Groundbreaking Payment Network for the Trillion-Dollar AI Economy

Fintech Finance

As the artificial intelligence revolution reshapes industries at an unprecedented pace, AIsa announces the launch of its revolutionary payment infrastructure tailored to the unique needs of the AI economy. Traditional payment systems, designed for human transactions, are no longer sufficient to support the lightning-fast, microscopic transactions required by AI agents.

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Spotlight On: DataStealth, a New Principal Participating Organization

PCI Security Standards

Welcome DataStealth, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, DataStealths CEO, Ed Leavens, introduces us to his company and how they are helping to shape the future of payment security.

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Buy now, pay later users pile on debt, CFPB finds

Payments Dive

Consumers who use BNPL take out multiple loans and have more personal debt than consumers who don’t use the payment method, according to a new report from the Consumer Financial Protection Bureau.

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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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Is Southeast Asia Fintech Funding Drying Up?

Fintech News

A Tracxn Technologies report highlights that the Southeast Asia fintech ecosystem experienced its zenith in 2021, marking the highest annual equity funding in the last decade. However, 2024 saw a significant decline, with a total funding of USD $1.6 billion, representing a 23% drop compared to USD $2.1 billion in 2023 and a steep 75% fall from 2022s USD $6.3 billion.

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What 500 Businesses Told Us About Their Payment Preferences

Clearly Payments

With so many payment options available from credit cards to mobile wallets it can be hard to know which methods are the best fit for you and your customers. At Clearly Payments, we wanted to learn more about how businesses really feel about accepting payments. So, we asked 500 businesses, ranging from small startups to larger established companies, about their payment preferences.

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Decoding the FCA’s Safeguarding reforms: Practical steps for payments and E-money firms

The Payments Association

Decoding the FCA's safeguarding reforms: Practical steps for payments and E-money firms January 3 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The FCA’s proposed safeguarding reforms for payments and e-money firms, aiming to enhance consumer protection and operational compliance. Why is it important? The reforms ensure robust safeguarding practices, bolster consumer trust, and address risks like fund shortfalls during insolvency.

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Judge partially halts Illinois law ending card fees for taxes, tips

Payments Dive

Banks seeking to halt a new Illinois law that bars credit card interchange fees on taxes and tips succeeded on one front, but not another, at least for now.

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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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Luxembourg’s Banking Circle Set to Acquire Australian Settlements

Fintech News

Banking Circle, a Luxembourg-licensed bank specialising in next-generation banking services, is set to acquire Australian Settlements Limited (ASL), an authorised deposit-taking institution. The acquisition is subject to regulatory approvals and other closing conditions, marking a key step in Banking Circle s growth in the Australian market. ASL, a provider of settlement and processing services for banks and payment companies in Australia, will complement Banking Circles existing operations in t

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Union Credit Teams Up with MeridianLink to Enhance Lending at the Point of Purchase

Finovate

Union Credit has announced a new partnership with MeridianLink. The partnership will simplify and streamline the lending process for credit unions with real-time financing solutions at the point of purchase. Union Credit most recently demoed its technology at FinovateFall 2024. Union Credit , a marketplace for credit unions that offers pre-approved, one-click credit offers at the point of purchase, has teamed up with software platform MeridianLink.

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Mamo Becomes Preferred Payment Provider for Lyvely on a Mission to Empower the UAE’s Creator Economy

Fintech Finance

Mamo , a UAE-based fintech company, has been selected as the preferred payment provider for Lyvely , a social e-commerce platform enabling content creators to monetize their products and services. This collaboration reflects Mamos ongoing commitment to providing efficient payment solutions for businesses and supporting the growth of the UAE creator economy.

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Card fraud losses will increase over next decade

Payments Dive

Fraud losses in card payments will continue to rise worldwide, the research firm Nilson Report said this month, predicting $404 billion in global losses over the next ten years.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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AI in Finance: Freeing Managers from Routine Tasks to Drive Business Growth

Fintech News

Finance heads and managers in small and medium enterprises (SMEs) often find themselves overwhelmed by manual, routine tasks such as data entry, invoice management, and report creation. These menial tasks can eclipse their more strategic responsibilities like process improvement, strategic planning, and cost reduction. The solution to this problem lies in freeing finance managers from these routine tasks.

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AIsa introduces AI-to-AI payments network

Finextra

As the artificial intelligence revolution reshapes industries at an unprecedented pace, AIsa announces the launch of its revolutionary payment infrastructure tailored to the unique needs of the AI economy.

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Mastercard Move and Cairo Amman Bank Join Forces to Enable Convenient and Secure Cross-Border Payments in Jordan

Fintech Finance

In collaboration with Mastercard , Cairo Amman Bank will leverage Mastercard Moves money movement capabilities to transform international money transfers for its customers in Jordan. The collaboration will advance financial inclusion and contribute to an even more accessible digital economy by facilitating the movement of funds from Jordan to 37 countries.

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Payments laws apply to online games, CFPB says

Payments Dive

Video game companies that operate online gaming platforms must comply with the Electronic Fund Transfer Act, the agency said.

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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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Reap Gets In-Principle Approval for Singapore Payment License

Fintech News

Reap, a Hong Kong-based payment technology provider, has received in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The approval is a step forward for Reap Singapore , the company’s local entity, as it works toward meeting the conditions required to obtain the full license. Reap intends to allocate necessary resources to support its Singapore operations and strengthen compliance standards.

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Fintech Rundown: A Rapid Review of Weekly News

Finovate

The week begins on the Fintech Rundown with news of product launches and new investments, as well as an acquisition in the digital banking space and a handful of partnerships in payments. Be sure to check back all week long for the latest updates. Financial wellness Current account provider nsave launches its new investment product and announces EUR 17.5 million in funding.

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Airwallex Bolsters Its UK Payment Capabilities with ClearBank Partnership

Fintech Finance

ClearBank , the enabler of real-time clearing and embedded banking, today announced its partnership with Airwallex , a leading global payments and financial platform for modern businesses. Through this collaboration, Airwallex will leverage ClearBank’s agency banking solution to enhance its UK offering with virtual business accounts, GBP collections, and Confirmation of Payee (CoP) functionality.

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