2023

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Just Published: PCI DSS v4.x Targeted Risk Analysis Guidance

PCI Security Standards

Risk analysis is a foundational tool to help organizations identify and prioritize potential threats and vulnerabilities within their environment. PCI DSS v4.0 introduced the concept of targeted risk analysis (TRA) with two different types of TRAs to provide entities with the flexibility to evaluate risk and determine the security impact of specific requirement controls, as appropriate for their environment.

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Mastercard ties growth to digital strategy

Payments Dive

The network is advancing technologies to let consumers and businesses more easily use its cards, after doubling the number of merchants that accept them over the past five years.

Visa 197
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Three best practices to boost on-time payments using personalized links

Payments Next

By Steve Kramer, VP Product, PayNearMe Though many of us manage our bill payments quite smoothly, you might be surprised to learn The post Three best practices to boost on-time payments using personalized links first appeared on Payments NEXT.

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Cybersecurity Trends For 2024 With TransUnion, Forter, WatchGuard, Vouched, FIDO Alliance, Fusion

The Fintech Times

It’s a time of reflection and anticipation at The Fintech Times throughout December, as we look back at developments and trends over the last 12 months and forward to the year ahead. We’re pleased to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the agenda in 2024.

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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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From Legacy to a Thriving Financial Services Ecosystem

Fintech News

Traditional banking systems, burdened by age and complexity, can cripple innovation, restrain time to value, and strain customer relationships. This is not an isolated challenge; many incumbent banks struggle to keep ownership and maintenance costs in check and swiftly expand product offerings to compete with nimble challenger banks. Digital transformation is no longer a choice; it’s a lifeline.

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Apple, Visa and Mastercard face anti-trust class action lawsuit

Finextra

Apple, Visa and Mastercard are facing a class action lawsuit over allegations that they conspired to suppress competition in the market for point-of-sale payment card services.

Visa 131

More Trending

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Here are the newly minted fintech unicorns

TechCrunch Fintech

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! We’re looking at a bunch of news — from new unicorns, to a fintech doing good, to one that shut […] © 2023 TechCrunch. All rights reserved.

FinTech 126
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The Best of BlueSnap: The Top 10 Payment Content Pieces of 2023

BlueSnap

For many businesses, 2023 has been about making the most of the time, resources and money at hand. Our most read content within our Resource Center says a lot about what businesses are thinking about payments today and their impact on the bottom line. The post The Best of BlueSnap: The Top 10 Payment Content Pieces of 2023 appeared first on BlueSnap.

Payments 126
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Durbin-Marshall: Europeanizing the U.S. Payments System

Electronic Payments Coalition

The Electronic Payments Coalition (EPC) issued a new document examining the negative effects the credit card mandates, similar to those imposed in Europe, would have on American consumers and the nation’s economy. Europeans, as a result of government mandates, have significantly restricted access to credit cards, and those with cards face fees up to 105% higher than American cardholders.

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Integrating AI into Your Finance Function

Nanonets

Emerging technologies such as artificial intelligence and machine learning have transformed the traditional finance function by making processes efficient, improving accuracy, and enabling data-driven decision-making. According to a Forrester survey, 98% of financial institutions believe that AI and ML can give them an edge and improve how they do business.

AI 122
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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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Eight Steps to Take Toward PCI DSS v4.0

PCI Security Standards

The clock is ticking on PCI DSS v3.2.1. On 31 March 2024, PCI DSS v3.2.1 will be retired, making the transition to PCI DSS v4.0 essential for organizations involved in payment data security. To help with this transition, PCI SSC has identified eight steps you should take on your journey to PCI DSS v4.0.

PCI DSS 193
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Same-day ACH payments soar

Payments Dive

The dollar value of same-day ACH payments nearly doubled in the first quarter as the volume increased 20.7%, Nacha said this week in a quarterly update.

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Navigating the embedded finance revolution: Strategies for simplifying legacy bank technology

Payments Next

By Michael Engel, Managing Director & VP Software | Banking, Diebold Nixdorf The race to seamlessly integrate financial services into everyday consumer The post Navigating the embedded finance revolution: Strategies for simplifying legacy bank technology first appeared on Payments NEXT.

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Fintech in 2024: Predictions With Kueski, Protegrity, CMC Invest, Crowdstreet, Hokodo, Spendesk, Burges Salmon

The Fintech Times

It’s a time of reflection and anticipation at The Fintech Times throughout December, as we look back at developments and trends over the last 12 months and forward to the year ahead. We’re excited to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the agenda in 2024. insights served up today cover a wide range of topics, including investment trends in Latin America, the resilience of in

FinTech 129
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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.

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Singapore and China to Begin e-CNY Pilot, Explore Cross-Border Payment Linkage

Fintech News

Singapore and China have agreed to collaborate on a pilot programme that uses the e-CNY, China’s central bank digital currency (CBDC), for cross-border transactions. This programme is designed to ease payments for travelers from both countries during their overseas visits. This pilot programme is part of a series of initiatives announced following the 19th Joint Council for Bilateral Cooperation (JCBC) in Tianjin.

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Samsung pushes mobile wallet take-up with Mastercard partnership

Finextra

Samsung is joining Mastercard's new Wallet Express programme, making it easier for banks and card issuers in the UK to offer their customers the electronic giant's own multi-faceted mobile wallet offering.

Visa 116
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Hot or Not? Experts Weigh in on Fintech Trends

Finovate

Much of our behind-the-scenes work at Finovate is determining what’s hot and what’s not in fintech and banking. But given the ever-evolving regulatory landscape, volatile consumer preferences, and fast-changing enabling technologies, it can be hard to keep up on current trends. And while we like to consider ourselves experts on the fintech landscape, it is always important to consult external thought leaders to gauge their thoughts on industry themes.

Metaverse 119
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Investment in India is in free fall

TechCrunch Fintech

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. You shouldn’t compare apples to oranges, but similarly, comparing iPhones to Androids is a fool’s errand as well. Now that Apple is finally phasing out the Lightning connector after 11 years in favor of the more universal standard USB-C (across […] © 2023 TechCrunch.

FinTech 121
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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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Gen AI to enhance software development, Mastercard exec says

Bank Automation

Financial institutions are looking to generative AI for software development, chatbots and operational efficiencies, and more AI applications are expected to surface in 2024. Gen AI for software development, for one, is expected to be “transformational” in the financial services industry, according to Mastercard’s “Generative AI: The transformation of banking” report, released Dec. 4.

AI 114
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Evaluating Invoice Financing Options to Improve Cash Flows and Lending Opportunities

Finezza

Businesses of all sizes experience cash flow challenges at some time or another. One unique circumstance is when a business receives a sizable order from a client. However, in many cases, they cannot fulfil the order due to a lack of funds to produce the product. For instance, they may be unable to order raw […] The post Evaluating Invoice Financing Options to Improve Cash Flows and Lending Opportunities appeared first on Finezza Blog.

Finance 111
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Analyzing a16z’s fintech investment strategy: Where did the VC place its biggest bets in 2022?

CB Insights

The fintech industry took a hard hit in 2022 as investors scaled back their investments amid market turmoil. However, some top investors like Andreessen Horowitz (a16z) remained active in the space across various deal stages, valuations, geographies, and sub-industries. Fintech is central to a16z’s investment strategy. In recent years, the firm has not only shored up its presence in more familiar sectors like banking, but also reached deeper into newer territory like blockchain.

FinTech 101
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Get a Sneak Peek at a Community Meeting Presentation on Speaking the Same Language As Your Assessor

PCI Security Standards

Do not pass up the chance to collaborate and gain knowledge on the latest developments in payment security at the upcoming PCI SSC Community Meetings. These events feature presentations from some of the sharpest minds in payment security. Below Peggy Nolan , PCIP, CISA, CEO, Payment Card Assessments provides a preview of her presentation on Speaking the Same Language as Your Assessor.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Block to shrink workforce

Payments Dive

The company plans to cut about 8% of its workforce over the next year as Jack Dorsey steps up his efforts to improve efficiency and revive profits.

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Mastercard files a trademark for crypto and blockchain-based tools

The Paypers

US-based Mastercard has filed a trademark application for several cryptocurrency and blockchain-related tools reinforcing the company's interest in the crypto sector.

Visa 100
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Open Banking in 2024: Insight from Aryza, Axway, Cashflows, Entrust, Unlimit

The Fintech Times

It’s a time of reflection and anticipation at The Fintech Times throughout December, as we look back at developments and trends over the last 12 months and forward to the year ahead. We’re excited to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the agenda in 2024.

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22 Global Fintech Events to Attend in 2024

Fintech News

The global fintech landscape is witnessing a staggering growth, fueled by booming consumer adoption, supportive regulatory efforts and technological advancements. Between 2015 and 2019, consumer adoption of digital money transfer and payment services grew from a mere 18% to an impressive 75%, findings from a Statista survey found. Insurtech, alternative lending and online savings and investment recorded similar spectacular growths, surging between 20 to 40 points during the period.

FinTech 125
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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

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.

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Cash usage grow for first time in a decade

Finextra

Cash usage in the UK has grown for the first time in a decade as consumers shy away from overspending on plastic payment cards during the ongoing cost of living crisis.

Consumer 119
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BIS advances oversight structure for broader faster payments ecosystem

Payments Dive

In the interest of faster, cheaper and more transparent cross-border payments, the Bank of International Settlements last week produced an interim report aimed at developing a governance structure for an interlinked faster payments system.

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FedNow attracts real-time payments early adopters

Payments Dive

Companies partnering with the Federal Reserve to test the real-time payments system see it as a way to draw customers and get an edge on rivals.

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Square CEO to depart

Payments Dive

Alyssa Henry, CEO of Block’s merchant business Square, will leave the company just days after a service outage left merchant clients unable to process payments.

Blocks 193
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Secure SaaS Success: Embedded Finance as a Competitive Advantage

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.