Sat.Oct 12, 2024 - Fri.Oct 18, 2024

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More authentication leads to fewer approvals

Payments Dive

Research from payments software firm Stripe shows credit and debit card transactions using an advanced security tool are less likely to be approved.

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Increase Revenue by as Much as 93%: Introducing Stax Connect Plus

Stax

Navigating the world of payments can be complicated, especially when you’re running a software business with many moving parts. Embedding payments is a great first step, but encouraging merchants to adopt payments and onboarding them is another hurdle many ISV/SaaS businesses run into. If only there was a team that would work strategically with you to deliver a seamless payment experience in all areas including sales, support, activation, onboarding, product, and marketing… Oh, wait, now there i

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Payments’ Role in Combating E-commerce Fraud Growth

Payments Next

Philip Plambeck, Senior Vice President, International, Computop For retailers, fraud is a serious issue they are actively trying to battle. And it’s The post Payments’ Role in Combating E-commerce Fraud Growth first appeared on Payments NEXT.

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Cambodia Now Accepts QR Payments from International Travellers via Alipay+

Fintech News

Cambodia has rolled out the integration of Alipay+ with its national QR code system, KHQR for seamless international payments. This launch enables users of 12 international payment apps, including Alipay, AlipayHK, GCash, and Touch ‘n Go, to pay at over one million merchants in Cambodia using KHQR, the country’s standardised QR code. More merchants are expected to be progressively added, further expanding payment accessibility in the country.

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Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

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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Walmart pitches Fiserv’s Clover to business clients

Payments Dive

The retailer is offering the mega-processor’s Clover equipment and account services to its business clients at a discount through next January.

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Quicken vs QuickBooks: Which is Best for Small Businesses?

Stax

Small businesses in America and worldwide have to choose from a wide variety of accounting software solutions, and this range of choices can be overwhelming. Research shows that 64% of small businesses use accounting software and the market for accounting software solutions is projected to be worth $4.3billion by 2023. It’s safe to say if you are not using an accounting software solution for your business right now, you will be getting one soon.

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SCB Emerges as First Thai Bank to Adopt Stablecoins for Cross-Border Payments

Fintech News

Siam Commercial Bank ( SCB ), alongside its venture arm SCB 10X and Lightnet , has launched Thailand’s first cross-border payment system utilising stablecoins, according to CoinGape. The project focuses on enhancing transaction speed and efficiency through the integration of blockchain and stablecoins, digital currencies tied to assets such as the U.S. dollar.

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Monzo launches new premium plan as business customers surpass 500,000

Finextra

With 500,000 businesses now on its books, digital challenger Monzo has launched a new subscription-based premium product plan, opening up a host of new services.

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Premier Bank, Mastercard, and Tappy Technologies Launch Tokenization-Passive Payment Wearables, Revolutionizing the Future of Payments

Fintech Finance

Premier Bank , in collaboration with Mastercard and Tappy Technologies , has launched Tap2Pay, making Premier Bank the first Somali Bank in Africa to launch tokenized-passive payment wearables. This solution marks a major milestone in the continent’s payment ecosystem, introducing secure, contactless transactions through cutting-edge wearable technology.

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User-Based vs. Device-Based Age Verification: Protecting Minors Online 

Segpay

In today’s digital age, protecting minors from age-restricted content has become an increasingly important concern. Age verification systems are essential tools for ensuring compliance with regulations designed to prevent minors from accessing inappropriate content or services. This article explores the key differences between user-based age verification and device-based age verification methods, examining the advantages and characteristics of each approach.

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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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PasarPolis and Gojek Partner to Expand Insurance Access in Indonesia

Fintech News

Indonesian insurtech company PasarPolis has expanded its strategic partnership with superapp Gojek , aiming to make insurance more accessible to millions of Indonesians. This collaboration leverages Gojek’s extensive digital ecosystem to integrate affordable insurance solutions into everyday services, including mobility, delivery, and logistics. The partnership offers a variety of insurance products such as SafeTrip for users traveling with Gojek’s mobility services, package delivery insurance f

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Revolut tops fraud leaderboard by a country mile

Finextra

The BBC has found that Revolut was named in more reports of fraud in the last financial year than any of the major High Street banks.

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BRI Partners with Nium to Expand Real-Time Cross-Border Payment Solutions

Fintech Finance

Nium , the leading global infrastructure for real-time cross-border payments, is thrilled to announce a partnership with Bank Rakyat Indonesia (BRI) to provide Indonesian customers with real-time international money transfer capabilities. This collaboration aims to enhance the cross-border offerings for BRI’s individual and corporate customers, delivering more accessible and cost-effective financial services across Indonesia.

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U.S. Bank invests in branch modernization in Q3

Bank Automation

U.S. Bank increased its technology spend in the third quarter to further digitalize capabilities within its branch network. “Our strategy focus is to create density in the highest growth areas within our current footprint, rather than use branches to expand out of our footprint,” U.S. Bank President Gunjan Kedia said during today’s Q3 earnings call. […] The post U.S.

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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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UnionPay and Vietnam’s NAPAS Link QR Code Payment Systems

Fintech News

UnionPay International (UPI) and the National Payment Corporation of Vietnam (NAPAS) will enhance their collaboration on cross-border QR code payment interoperability. The partnership will allow Vietnamese bank apps and e-wallets to use UnionPay ‘s QR payment system on each other’s networks, facilitating seamless transactions across both countries.

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New Zealand banks apply UK tech and experience for roll out of Confirmation of Payee

Finextra

Banks in New Zealand have begun the phased roll out of Confirmation of Payee, using technology supplied by UK fintech obconnect.

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Klarna Payment Options Now Available at Checkout on Apple Pay In-App and Online

Fintech Finance

Klarna , the AI-powered global payments network and shopping assistant, is now available to users checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later. Starting today, eligible Apple Pay users in the U.S. and UK will have access to Klarna’s flexible payment offerings, including pay later in three or four installments with no interest or over longer periods with APRs starting at 0%.

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Morgan Stanley gen AI exec Picariello to be fireside speaker at Bank Automation Summit U.S. 2025

Bank Automation

Bank Automation News is pleased to announce Koren Picariello, an executive director at Morgan Stanley and head of generative AI strategy and execution for Morgan Stanley Wealth Management, will be featured in a fireside chat at Bank Automation Summit U.S. 2025 on Monday, March 3, at 10 a.m. CT. The summit takes place March 3-4 […] The post Morgan Stanley gen AI exec Picariello to be fireside speaker at Bank Automation Summit U.S. 2025 appeared first on Bank Automation News.

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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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BIS Introduces Project Aperta for Secure Cross-Border Data Sharing in Finance

Fintech News

The Bank for International Settlements (BIS) has launched Project Aperta , an initiative aimed at improving open finance interoperability, reducing frictions, and cutting costs in global finance. The project focuses on connecting the domestic open finance infrastructures of different jurisdictions, enabling secure, encrypted data sharing via APIs. Initially, it will focus on trade finance for SMEs, targeting products like letters of credit, trade credit insurance, and supply chain financing, wit

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Scaling Up: How Challenger Banks Are Adapting to Stay in the Game

The Fintech Times

Challenger banks have shaken up the financial industry, but with growth comes new challenges. As they scale, these digital-first banks are rethinking their strategies to stay competitive. To understand how these banks are navigating this change, we spoke with industry experts who reveal the key strategic adjustments helping them stay ahead. Speed and agility at the core Nida Sattar, product director for payments at Allica Bank Nida Sattar, product director for payments at Allica Bank , a busines

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BVNK and Circle Partner to Expand USDC Utility for Global Business Payments

Fintech Finance

BVNK , the payments infrastructure provider, and Circle , a global financial technology firm, today announced a partnership aimed at accelerating the utility of USDC for BVNK’s global customer base. BVNK will integrate USDC more deeply into its payment offerings, enabling businesses to leverage USDC’s speed and stability for a variety of payment use cases.

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Citi reduces costs, invests in tech

Bank Automation

Citi posted cost reductions in the third quarter as it benefits from ongoing simplification efforts. The $1.7 trillion bank’s total operating expenses clocked in at $13.3 billion, down 2% year over year, according to the bank’s Q3 2024 earnings supplement. The bank’s technology spend, however, increased 1% YoY to $2.3 billion. The savings were driven […] The post Citi reduces costs, invests in tech appeared first on Bank Automation News.

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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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Batumbu Names Reza Perazi as President Director, Adds 2 New Board Members

Fintech News

Batumbu, an Indonesian fintech lending company and part of Validus Investment Holding, has appointed a new Board of Directors. Reza Perazi Armadi has been appointed as the new President Director, succeeding Tan Glant Saputrahadi, who stepped down from the role. Reza previously served as Deputy President Director and has over two decades of experience in the banking industry, particularly in MSMEs and supply chain finance.

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Navigating the Fintech Frontier: Essential Risk Metrics Every Fintech Leader Must Know

The Fintech Times

Risk management is a necessity in fintech, as well as a legal obligation. However, the depth and quality of this management can become a significant competitive advantage. As digital financial services continue to disrupt traditional banking models, fintech companies are increasingly operating across borders, facing complex regional regulations and diverse market conditions Olegs Cernisevs, CTO, Blackcatcard Doctor of Science and Blackcatcard CTO Olegs Cernisevs sheds light on the pivotal role o

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Macro Global and Trust Payments Expand Strategic Partnership to Offer Transformative Cross-border Payment Experience

Fintech Finance

Macro Global , a leading global FinTech company, today announced a strategic partnership with Trust Payments , a leader in payments powering truly innovative customer-centric commerce solutions worldwide, which will make it simpler for cardholders to send money anywhere. This collaboration brings together Macro Global’s expertise in cross-border payments technology with Trust Payments’ cutting-edge acquiring solution and the TRU Connect Payment Gateway , delivering a superior customer experience

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What are Chargeback Alerts?

Fi911

In a nutshell, chargeback alerts are notifications sent to merchants to inform them of a pending chargeback on a transaction. These alerts provide an opportunity for the merchant to proactively address the issue before it escalates into a formal chargeback. By avoiding the chargeback, the merchant can avoid the fees and higher chargeback ratios that could negatively impact their relationship with their payment processors.

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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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Singapore Reports S$6.7 Million in Losses from Rising Gov’t Impersonation Scams

Fintech News

The Singapore Police Force (SPF) and the Monetary Authority of Singapore (MAS) have issued a joint warning about a sharp increase in government impersonation scams. At least 100 cases reported and losses exceeding S$6.7 million in September 2024 alone. These scams involve fraudsters posing as bank officers, often from major banks like DBS, OCBC, UOB, or Standard Chartered, to deceive victims.

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Fintech angel fund Rerail hits $20 million funding target

Finextra

Rerail, an angel fund for fintech startups, has closed on a $20 million warchest.

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Mastercard Expands Identity Attribute Verification Services to Enable Cardholders to Identify Themselves Online

Fintech Finance

Mastercard today takes another step forward in its mission to enhance trust in the digital economy, with the pilot launch of its Identity Attribute Verification service in several European markets. This initiative enables businesses to verify customer identity attributes securely and seamlessly. Mastercard has long supported merchants and financial institutions in assessing risk by leveraging key attributes, such as name and payment information, as part of enabling billions of secure digital i

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3 Signs Your Custom OMS has Turned into a Franken-System

DeckCommerce

If your in-house tech stack has turned into a monster, here are 3 indicators a dedicated order management system can be the solution.

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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.