Payments Dive

OCTOBER 15, 2024

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

Authentication 157

Authentication Debit Card Research Transactions 157

Payments Next

OCTOBER 16, 2024

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.

Payments 166

Payments Posting Credit Cards AI 166

Fintech News

OCTOBER 14, 2024

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.

Cross-Border 143

Cross-Border Cross-Border Payments Payments International Payments 143

Finextra

OCTOBER 16, 2024

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.

Product 124

Product 124

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

Payments

Payments Dive

OCTOBER 17, 2024

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

Processors 167

Processors Accounts 167

Fintech News

OCTOBER 16, 2024

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.

Cross-Border Payments 134

Cross-Border Payments Cross-Border Stablecoins Digital Currency 134

Finextra

OCTOBER 15, 2024

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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Bank Automation

OCTOBER 16, 2024

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.

Automation 111

Automation Posting Technology 111

Fintech Finance

OCTOBER 18, 2024

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.

Cross-Border Payments 116

Cross-Border Payments Cross-Border Payment Solutions Real Time Payments 116

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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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Fintech News

OCTOBER 13, 2024

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

Underwriting 114

Underwriting Volume Product Automation 114

Finextra

OCTOBER 15, 2024

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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Payee FinTech Technology 111

Bank Automation

OCTOBER 16, 2024

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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Automation AI Posting 111

TechCrunch Fintech

OCTOBER 15, 2024

In a typical organization, finance is one of the most important functions. Yet teams are often bogged down by manual workflows. According to a survey by Paylocity, an HR software provider, 38% of finance teams spend more than a fourth of their time on manual jobs, like reviewing invoices. Matthieu Hafemeister, an ex-fintech investor at […] © 2024 TechCrunch.

Automation 108

Automation AI Finance FinTech 108

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

Best Practices

Fintech News

OCTOBER 16, 2024

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.

Cross-Border 113

Cross-Border Cross-Border Payments Interoperability ATM 113

The Fintech Times

OCTOBER 18, 2024

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

Risk 106

Risk FinTech Risk Management Cybersecurity 106

Bank Automation

OCTOBER 15, 2024

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.

Automation 108

Automation Posting Technology Data Security 108

Fintech Finance

OCTOBER 17, 2024

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.

Business Payments 105

Business Payments Stablecoins Use Case On-Demand 105

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Payments

Fintech News

OCTOBER 14, 2024

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.

Scams 113

Scams Money Laundering Authorization Blocks 113

The Fintech Times

OCTOBER 12, 2024

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

AI 107

AI Addressing On-Demand Blockchain 107

Finextra

OCTOBER 14, 2024

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

FinTech 104

FinTech 104

Fintech Finance

OCTOBER 16, 2024

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

Cross-Border Payments 105

Cross-Border Payments Cross-Border Payments Settlement 105

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.

Payments

Fintech News

OCTOBER 13, 2024

Southeast Asian insurtech platform Qoala reported a 36% reduction in net losses for 2023, according to its latest regulatory filings accessed by DealStreetAsia. The Indonesia-based company recorded a net loss of US$14.3 million for the year ending 31 December 2023. Qoala, which provides various insurance products, including health, life, and travel coverage, saw its revenue more than double in 2023, increasing by 144.5% to reach nearly US$18 million.

PayPal 113

PayPal Finance Accounts Security 113

Fintech Review

OCTOBER 16, 2024

Yield farming and liquidity mining have become key components of the decentralised finance ( DeFi ) ecosystem. These strategies allow crypto holders to earn passive income by lending or staking their assets. While the potential returns are attractive, the risks involved can be significant. At Fintech Review we explore yield farming and liquidity mining, analysing the rewards and inherent risks associated with these strategies.

Assessments 98

Assessments Risk Returns Audit 98

Finextra

OCTOBER 15, 2024

Ripple is preparing to launch a US dolar denominated stablecoin, roping in a host of exchange partners and customers in the digital asset industry.

Stablecoins 98

Stablecoins 98

Fintech Finance

OCTOBER 14, 2024

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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Verification Visa Privacy Issuers 105

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Fintech News

OCTOBER 17, 2024

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

Cross-Border 111

Cross-Border Finance Security Interoperability 111

DeckCommerce

OCTOBER 14, 2024

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

Technology 98

Technology 98

Finextra

OCTOBER 15, 2024

Reflecting on insights from last month’s Visa Payments Forum, Tareq Muhmood, SVP, Value Added Services, Europe, Visa, addresses the dramatic rise in global fraud—from $800 million in the early '90s to $33 billion in 2023. As financial institutions grapple with the increasing complexity of fraud in the digital age, the need for adopting advanced technologies like AI and real-time data analysis becomes clear.

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Fraud Detection Value Added Service AI Addressing 98