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Numeral and HSBC Innovation Banking Collaborate to Empower Innovative Companies With Embedded Payments, Announcing Qover as a Joint Customer

Fintech Finance

It’s great to see how our innovative clients, like Qover, can use this to their advantage to streamline processes and improve customer experience,” says Hugo Pires, Director, Global Treasury & Payments Advisor (FinTech) at HSBC Innovation Banking UK.

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Numeral and HSBC Innovation Banking UK Partner to Bolster Payment and Account Services

The Fintech Times

Specifically, users will be able to send and receive UK Bacs, CHAPS and FPS payments, as well as SEPA and Swift payments. Additionally, they will be able to access their HSBC Innovation Banking UK account balances and transaction data in real time.

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Artificial Intelligence Starting Points for Card Issuers

Innovative Payments Association

Guest post by Emily Rueth , Managing Director & Founder of Vicuse Payments Advisors For card issuers, embracing and implementing even the most basic use cases for artificial intelligence (AI) can revolutionize your operations and enhance customer experiences. This frees up live agents to focus on more complex issues.

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Ready Or Not, Strong Customer Authentication Is Coming

PYMNTS

Additionally, they see potentially 25 to 30 percent of transactions being declined in the short term unless a compliance timeline is agreed upon. . Transactions will be declined and conversion rates will drop if nothing changes when SCA is put into full effect. Yet this was compliance-ready, not operationally ready.

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Bank Account Number – Everything You Need to Know

Payment Savvy

Financial transactions revolve around various numerical identifiers that ensure secure and precise processing. Understanding these identifiers can help you manage your finances more effectively and avoid potential transaction pitfalls. These numbers are crucial for transactions, ensuring accurate allocation of funds.

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EuroCommerce On Why Merchant, Consumer Awareness Is Critical To SCA

PYMNTS

Peter Robinson, payments advisor for European retail, wholesale and international trade association EuroCommerce , noted that these concerns are putting more pressure on card acquirers — the main party responsible for making sure merchants are ready for and informed about SCA and its incoming authentication and online transaction restrictions.

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Are SCA Delays A Blessing Or A Curse?

PYMNTS

For subscription and recurring payment services in Europe, a market valued at close to $400 billion, this represents a substantial impact. Peter Robinson, payments advisor at EuroCommerce — a consortium of retailers from 31 European countries — gave an even grimmer estimate in a recent interview with PYMNTS.