Sat.Apr 27, 2024 - Fri.May 03, 2024

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Coffee with the Council Podcast: Help Shape the Future of Payment Security as a PCI SSC Participating Organization

PCI Security Standards

Welcome to our podcast series, Coffee with the Council. I'm Alicia Malone, Senior Manager of Public Relations for the PCI Security Standards Council. At our Community Meetings in 2022, the Council announced a significant change to its Participating Organization program. Today, I am joined by the Council's Senior Vice President of Education and Engagement, Mark Meissner who has been spearheading this effort, and is going to talk about some of these changes over the past couple of years, and how t

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Real-time consumer payments need standards to rise

Payments Dive

To make instant payments a reality for consumers, the payments industry must work together to develop a common framework for the transactions, top industry executives say.

Consumer 190
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Open Banking Focus: New Opportunities on the Ancient Silk Road

Open Banking Excellence

Open Banking Focus: New Opportunities on the Ancient Silk Road Vasil Shengelia, Head of Open Banking Division at the National Bank of Georgia, alongside Varlam Ebanoidze, Head of the Fintech and Suptech Development Department introduces us to an ecosystem with plans to once again act as a bridge between East and West. The Silk Road was a vital trade route linking China to Europe which operated for roughly 1,500 years.

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HSBC and PayPal tackle quantum-safe cryptography in payments

Finextra

HSBC and PayPal are among the founding member of a new working group investigating the adoption of quantum-safe cryptography in the payments industry.

PayPal 145
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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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CCCA could save merchants and consumers over $16B a year

Payments Next

By Jeff Domansky, Managing Editor The Merchants Payments Coalition (MPC) has emphasized the urgent need for Congress to pass the Credit Card Competition Act (CCCA). With The post CCCA could save merchants and consumers over $16B a year first appeared on Payments NEXT.

Consumer 136
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Stripe unbundles services as industry shifts

Payments Dive

The company’s move to decouple embedded financial services from payment processing means it’s ready to pursue larger customers, analysts said.

Process 175

More Trending

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Generative AI vs. Fraudsters: How GenAI will reshape fraud fighting

Finextra

Like nearly everyone else, anti-fraud professionals are anxious to put artificial intelligence (AI).

AI 135
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What Are Managed IT Services For Businesses? A Helpful Guide

VISTA InfoSec

In today’s fast-moving tech world, every business—big or small—needs an IT setup that’s not just robust but also smart enough to keep up with rapid changes and challenges. That’s where managed IT services come in. They do more than just prop up your tech; they turbocharge your business goals. Ever wonder how managed IT services slide into your overall business strategy?

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Pay-by-bank holds promise

Payments Dive

“The value proposition of pay-by-bank is clear: merchants win from drastically lower payment costs and consumers win from lower prices,” writes one fintech executive.

FinTech 167
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Quickbooks Integrations for Better Connectivity and Reporting

The Finance Weekly

Right now, around 26.56 million businesses in the US use QuickBooks Desktop, while 5.3 million opt for QuickBooks Online (QBO). QuickBooks Online, the cloud-based version, really shines for many reasons and is popular with small business owners. It's way easier to use than the desktop one. What really sets it apart for a lot of companies is the ton of integrations available.

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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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Namibia signs on for India's UPI tech

Finextra

The Bank of Namibia has called in NPCI International Payments to help the southern African country develop an instant payments system based on India's hugely successful UPI.

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PCI DSS Compliance For Banks

VISTA InfoSec

In today’s digital era, financial transactions are carried out using cards daily. It is of utmost importance for banks to ensure the safety and security of the cardholders’ data. The Payment Card Industry Data Security Standard (PCI DSS) compliance 4.0 offers essential guidelines and a framework to safeguard cardholders’ data and mitigate any potential data breaches that may occur in banks.

PCI DSS 130
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US inches forward on real-time payments: report

Payments Dive

“Real-time payments are still in their infancy in the U.S., accounting for only a 1.5% share of the total payments volume in 2023,” ACI Worldwide said.

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Q&A with Jack Henry’s Nicole Harper on financial literacy

Bank Automation

Technology provider Jack Henry leans into its financial health training and offerings during April — Financial Literacy Month.

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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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Q1 sees almost 500 fintech deals

Finextra

There were nearly 500 fintech financing and M&A deals in the first quarter of 2024, with insurtech, crypto and blockchain proving hot areas, according to data from Royal Park Partners (RPP).

FinTech 130
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Bitkub to Pursue IPO in 2025, Targets Expansion in Southeast Asia

Fintech News

Thailand’s crypto exchange Bitkub Capital Group plans to launch an initial public offering (IPO) by the end of 2025, aiming to expand its operations across Southeast Asia, particularly targeting emerging markets like Cambodia, Vietnam, and Laos. According to Nikkei Asia , this move is part of a strategic effort to establish a significant presence in regions currently underserved by major digital asset platforms.

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Automatic age verification comes to self-checkout

Payments Dive

Artificial intelligence is speeding up store checkout in a pilot by banking tech company Diebold Nixdorf using tech to verify a customer’s age.

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‘Wallet-as-a-service’ startup Ansa raises $14 million with female investors leading the way

TechCrunch Fintech

Ansa, a startup that helps merchants develop and offer branded virtual wallets, has raised a $14 million Series A round of funding, the company has told TechCrunch exclusively. Renegade Partners led Ansa’s latest financing, which included participation from existing backers Bain Capital Ventures, BoxGroup and Wischoff Ventures and new investor B37 Ventures.

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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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Bank of Ireland to equip call centres with single customer view and voice biometrics

Finextra

Bank of Ireland is spending €34 million to overhaul its call centre operations, providing operators with a single customer view and introducing voice biometrics for added security.

Security 125
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Visa Expands Access to Payment Services Through AWS

Fintech News

Payments giant Visa announced that it has joined the AWS Partner Network (APN) to improve global digital payment solutions. This partnership enables easier integration of select Visa services for its partners and clients, including cloud-native fintech companies, through AWS technologies. Visa aims to make digital transactions quicker, simpler, and more secure by offering specific payment services on the AWS Marketplace , which reaches over 300,000 global customers.

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Global Payments to wrap review soon

Payments Dive

The payments processor plans to finish an assessment of operations in the next few months, aiming to streamline its business and pare units it can’t scale.

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BNP Paribas, Deutsche Bank embrace cost discipline in Q1

Bank Automation

European banks BNP Paribas and Deutsche Bank plan to pull back on expenses this year as they lean into their tech investments. “We are maintaining our cost discipline,” Deutsche Bank Chief Executive Christian Sewing said during the $578 billion bank’s first-quarter earnings call April 25.

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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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The New PSTI Act is a Good Start, But do Smart Devices Still Need Better Protections?

The Fintech Times

Internet of Things (IoT) devices continue to increase in popularity across the globe. However, many have proven fallible to cybercriminals who are increasingly finding new ways to breach their security. In fact, in the UK, IoT malware attack volume increased by 163 per cent in 2022, compared to the previous year, cybersecurity firm Sonicwall revealed in its 2023 ‘Cyber Threat Report’ In response, in December 2022, the Product Security and Telecommunications Infrastructure Act (PSTI A

API 124
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BNPL firm Sezzle turns to gamification to encourage timely payments

Finextra

Buy now, pay later provider Sezzle is gamifying on-time payments with a loyalty programme designed to encourage financial responsibility.

BNPL 122
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IFC Invests US$150M to Support Indonesian MSMEs, Expand Digital Access in Thailand

Fintech News

The International Finance Corporation (IFC) has partnered with KB Kookmin Card (KBC), a South Korean credit card issuer, to enhance financial access for small businesses in Indonesia and promote digital inclusion in Thailand. The financing agreement allocates a total of US$150 million in loans to subsidiaries of KBC operating in the two countries, comprising approximately US$100 million in Indonesian rupiah to PT KB Finansia Multi Finance (KB FMF) and US$50 million in Thai baht to KB J Capital (

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Mastercard, Visa tap AI for fraud solutions

Bank Automation

Card giants Mastercard and Visa leaned into AI and generative AI for fraud detection in the first quarter. “We continue to enhance our solutions with generative AI to deliver even more value,” Chief Executive Michael Miebach said during Mastercard’s May 1 earnings call.

Visa 124
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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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FinTech Australia and Thai Fintech Association Partner to Unleash Growth Potential of Southeast Asia

The Fintech Times

FinTech Australia , the member-driven group building an ecosystem for Australian fintechs, is collaborating with the Thai Fintech Association after the two organisations signed a memorandum of understanding (MOU), to promote fintech capability between Australia and Thailand. Thai Fintech Association president Chonladet Khemarattana and Brian Collins , the deputy chair at FinTech Australia, signed the MOU in Bangkok, Thailand, joined by a group of fintech lenders, venture capitalists, corporate i

FinTech 122
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Zopa Bank hits £4 billion in customer deposits

Finextra

In just under 4 years since the former peer-to-peer lender received its banking license, Zopa Bank has amassed £4 billion in customer deposits.

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SMBs are increasingly opting for real-time payments, leaving credit cards behind as their preferred choice

Tearsheet

The RTP payments network reached a milestone by processing over 1 million payments in a single day on September 1, 2023. EWA and gig worker payments emerged as the network’s primary drivers , surpassing account-to-account (A2A) transfers. However, in the healthcare sector, small and medium-sized businesses (SMB) have increasingly turned to RTP payments for A2A transfers, showing a surge compared to credit cards and checks over the past year, according to a new report by PYMNTS.

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Tech agility is key for M&A, Fiserv exec says

Bank Automation

Financial institutions that have gained agility through long-term technology investments are better prepared to complete mergers and acquisitions with limited client disruption. Technology integration during M&A activity is a customer-centric issue for banks, Danny Baker, vice president of market strategy at technology provider Fiserv, told Bank Automation News.

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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.