PCI Security Standards
JUNE 11, 2024
To address stakeholder feedback and questions received since PCI DSS v4.0 was published in March 2022, the PCI Security Standards Council (PCI SSC) has published a limited revision to the standard, PCI DSS v4.0.1. It includes corrections to formatting and typographical errors and clarifies the focus and intent of some of the requirements and guidance.
Payments Dive
JUNE 12, 2024
The P2P ‘Tap to Cash’, which enables iPhone users to transfer money by holding their phones together, was unveiled along with a slate of other features Monday.
Finextra
JUNE 11, 2024
Mastercard has set itself a target of hitting 100% e-commerce tokenisation in Europe by 2030, phasing out manual card entry and making online shopping safer and more accessible.
Bank Automation
JUNE 12, 2024
ING is running a generative AI-driven chatbot pilot in the Netherlands before it plans to scale the technology. The pilot funnels only 2.5% of clients’ chats into its gen-AI chatbot, Chief Analytics Officer Bahadir Yilmaz told Bank Automation News at the recent Money2020 Europe event in Amsterdam.
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
The Fintech Times
JUNE 10, 2024
Both Hong Kong and Switzerland are making strides in the development of blockchain and cryptographic technologies individually. However, looking to accelerate progress together, Invest Hong Kong (InvestHK) and the Crypto Valley Association (CVA) of Zug in Switzerland signed a memorandum of understanding (MoU) at the 2024 Crypto Valley Conference. The MoU aims to enhance the close supportive relationship between InvestHK and CVA, and boost cooperation between the fintech ecosystems of Hong Kong a
Payments Dive
JUNE 13, 2024
The tech giant will allow installment plans from Affirm, as well from certain debit and credit cards, onto Apple Pay alongside its own BNPL service.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Fintech News
JUNE 11, 2024
Daranee Saeju, Assistant Governor of Payment System Supervision and Financial Service User Protection at the Bank of Thailand (BoT) , announced the launch of a new initiative to test programmable payment systems under the Enhanced Regulatory Sandbox framework. This initiative responds to the rapid and complex development of financial innovations, such as distributed ledger technology (DLT) and smart contracts, which are transforming financial services.
The Fintech Times
JUNE 11, 2024
This June at The Fintech Times, we’re focusing on diversity, equity and inclusion (DEI). No longer just a trending topic but an essential consideration to not only your business operations but in your offering as well, this topic feels more relevant now than ever before. The fintech industry is known for its innovative, agile reputation, and yet it still faces a significant diversity problem that threatens to halt its growth and stop that innovation moving.
Payments Dive
JUNE 11, 2024
Consumers remained committed to cash use last year, even as the share of card payments rose and online payments increased, according to an annual Federal Reserve study.
Finextra
JUNE 13, 2024
Existing point-of-sale terminals in the UK could be used to initiate digital pound payments, according to research from the Bank of England.
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.
Fintech News
JUNE 10, 2024
Forbes has released its annual 30 Under 30 Asia list, recognizing the entrepreneurs, artists, athletes, and changemakers who are leading transformative initiatives across key industries in the Asia-Pacific (APAC) region. The Forbes 30 Under 30 Asia Class of 2024 features 300 notable nominees selected across ten categories: The Arts (Art and Style, Food and Drink); Entertainment and Sports; Finance and Venture Capital; Media, Marketing and Advertising; Retail and E-Commerce; Enterprise Technolog
The Fintech Times
JUNE 11, 2024
There’s just two days to go before this year’s flagship conference at Fintech Week London with stellar speakers set to share their insights, including London’s deputy mayor for business Howard Dawber and MP Lord Chris Holmes. Taking place on 13 June in the Park Plaza Victoria London, the 2024 conference will put the spotlight on the hot topics in the fintech sector, including the future of finance, artificial intelligence (AI), consumer centricity, payments, digital assets and data,
Payments Dive
JUNE 12, 2024
A week after dropping American Express, the online auctioneer said it will now accept payments through Venmo, which is popular among Gen Z and millennials
Finextra
JUNE 10, 2024
Santander has found that come customers are circumventing new measures to stop bank transfers for Facebook Marketplace payments in cases where a customer has not seen the item in person.
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Finovate
JUNE 11, 2024
Identity proofing and fraud detection company AuthenticID launched a new solution today to detect deep fake and generative AI injection attacks. An injection attack occurs when a fraudster injects a deepfake– which could be a synthetic document, video, facial image, or audio representation– into an identity verification workflow to spoof the system.
The Fintech Times
JUNE 10, 2024
Users of the UAE-based digital bank, Mbank , will now be able to explore, compare, and purchase car, health, travel, and life insurance products directly from its mobile application following a new partnership with Policybazaar.ae , the online insurance aggregator. The partnership will see Mbank leverage Policybazaar.ae ‘s online platform to offer its customers greater digital convenience.
Payments Dive
JUNE 10, 2024
The three companies announced last Wednesday that they are teaming up to launch a free service intended to combat fraud and reduce the amount of transactions that are improperly declined.
Finextra
JUNE 13, 2024
Wells Fargo fired several employees for faking work by using "mouse jigglers" to simulate computer activity, according to Bloomberg.
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Fintech News
JUNE 10, 2024
Standard Chartered Bank has created a new investment company in Singapore called Standard Chartered Funds VCC (SC Fund). This new corporate entity will allow the bank to offer a series of funds that provide clients with access to unique investment strategies. In partnership with leading global fund managers, Standard Chartered aims to combine the expertise of top fund managers with its own team of global asset class specialists.
The Fintech Times
JUNE 10, 2024
Cybercrime is expected to cost the world $10.5trillion annually by 2025 but machine learning is helping merchants and financial institutions to fight back against criminal activity. Monica Eaton, CEO of Chargebacks911, an international chargeback management and prevention company which provides SaaS solutions for managing chargebacks, discusses why artificial intelligence (AI) has always been at the forefront against fraud.
Payments Dive
JUNE 12, 2024
“Since many of these deepfake software services accept credit cards, payments providers are on the front lines of detecting these companies,” writes one corporate compliance officer.
Finextra
JUNE 10, 2024
Apple has unveiled a Tap to Cash feature that lets people send each other money simply by tapping their iPhones.
Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes
Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.
Fintech News
JUNE 9, 2024
Indonesian fintech company JULO reported that it is on track to disburse over US$650 million in loans by the end of 2024, while also setting its sights on becoming a neobank. From January to April this year, loan disbursements surged by 87.19% compared to the same period in 2023, reaching US$189 million. Since its launch in 2016, JULO has disbursed over US$1 billion in total, with nearly half of that amount disbursed in 2023 alone—a 50% increase from the previous year.
Finovate
JUNE 14, 2024
Credit Karma has agreed to acquire technology and assets from Zendrive, a mobility risk intelligence provider. Credit Karma has also brought on certain Zendrive employees, including the company’s CEO Dennis Ellis and its Co-founder and CTO Pankaj Risbood. Terms of the deal, which is expected to close in the fourth quarter, were not disclosed. Intuit’s Credit Karma announced today that it has agreed to acquire technology, assets, and select employees from mobility risk intelligence pr
Payments Dive
JUNE 14, 2024
The judge's likely rejection would scuttle a $29.79 billion deal that was two decades in the making.
Finextra
JUNE 10, 2024
Santander's buy now, pay later platform Zinia has been selected by Apple in Germany to provide BNPL installment plans for consumer purchases both online and in person.
Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms
Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.
Fintech News
JUNE 10, 2024
Temenos , FIS , Mambu , Finastra , and Tata Consultancy Services have been identified as the top five core banking system vendors prepared to compete with challenger banks, according to a recent study by Juniper Research. The study evaluated 18 vendors, focusing on those excelling in user support through services like 24-hour customer service and personalised product recommendations.
NACHA
JUNE 13, 2024
Nacha’s Payments Innovation Alliance Observes World Elder Abuse Awareness Day with New Resources to Combat Financial Exploitation of Older Americans bjaffe@nacha.org Thu, 06/13/2024 - 08:15 Image Media Elder Financial Abuse Prevention Checklists for FIs.
Payments Dive
JUNE 13, 2024
Startup Fizz is marketing itself as a company helping college students build credit and manage daily spending.
The Fintech Times
JUNE 11, 2024
Ripple , the blockchain and crypto solutions provider, has shown its support for the development of the Japanese and Korean markets as it launches the XRPL Japan and Korea Fund. The new fund will also support various initiatives to foster innovation on the XRP ledger in both countries. Some of these initiatives include corporate partnerships, developer grants, startup investments and community growth.
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