VISTA InfoSec

MAY 12, 2024

According to the Identity Theft Resource Center’s (ITRC) 2023 Business Impact Report , 73% of small business owners in the US reported a cyber-attack within the previous year, underlining the growing popularity of small businesses as a target among malicious actors. Given this recent wave of cyberattacks, all small businesses must do their part to secure their Point of Sale (POS) systems from unauthorized parties.

PCI DSS 274

PCI DSS Security Compromise Best Practices 274

Payments Dive

MAY 9, 2024

While the Federal Reserve won’t specify payments volume on the new instant system, executives from certified service providers Visa and Jack Henry said they’re seeing an increase.

Volume 167

Volume FedNow Federal Reserve Service Provider 167

Finextra

MAY 14, 2024

The Eurosystem has begun the first of a series of trials to test the use of ditributed ledger technology (DLT) for the settlement of wholesale transactions in central bank money.

Central Bank 143

Central Bank Settlement Transactions Technology 143

Fintech News

MAY 15, 2024

Singaporean multinational technology company Grab Holdings released its unaudited financial results for the first quarter ended 31 March 2024, revealing a significant increase in customer deposits in its digital bank business. Deposits from customers in Grab’s digital bank business were US$479 million at the end of the first quarter 2024. This is a substantial growth from US$36 million in the same period last year and US$374 million in the prior quarter.

Non-Bank 133

Non-Bank Credit Risk Compliance Risk 133

Advertisement

Ready to boost your game and stand out in the competitive world of merchant services sales? Discover 6 innovative strategies that will help you rise above the crowd, from leveraging tech trends and perfecting referral programs to harnessing the power of testimonials and pop-up events. Learn how educating clients can turn you into a trusted advisor and uncover the secrets of building community ties that cement your reputation as a market leader.

Innovation

The Fintech Times

MAY 15, 2024

Standard Chartered , the international cross-border bank, has become the first Euro settlement bank to go live on Partior, the global unified ledger market infrastructure, and has completed Euro-denominated cross-border transactions between Hong Kong and Singapore. The news comes less than two years after Standard Chartered’s investment in Partior in November 2022, which made the bank a founding shareholder in the platform.

Cross-Border 122

Cross-Border Distributed Ledger Technology (DLT) Cross-Border Settlement Blockchain 122

Bank Automation

MAY 17, 2024

Small business clients looking to make data-driven business decisions within their operations don’t always know how to tap into their data, but JPMorgan Chase has created a solution to deliver these insights.

Small Business 115

Small Business 115

Payments Dive

MAY 3, 2024

“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

FinTech Consumer Payments 167

Finextra

MAY 9, 2024

Tenity, a leading innovation ecosystem and vc-backed accelerator for early-stage startups, announced the launch of the XDC Accelerator Program and invited startups to build on the XDC Network.

Innovation 145

Innovation 145

Fintech News

MAY 15, 2024

Project Agorá, an initiative by the Bank for International Settlements (BIS) alongside major central banks and the Institute of International Finance (IIF), is moving forward and inviting private sector involvement. The project aims to explore how tokenisation can improve wholesale cross-border payments. Private sector financial institutions are encouraged to apply for participation in Project Agorá and the application window is open until 31 May 2024.

Cross-Border Payments 127

Cross-Border Payments Cross-Border Central Bank Federal Reserve 127

The Fintech Times

MAY 14, 2024

Temenos , the SaaS cloud banking solution provider, has launched new generative AI solutions as part of its AI-infused banking platform, in a move hoping to change how banks interact with their data, as well as boost productivity and profitability. Leveraging Temenos generative AI, users can engage in natural language queries to generate unique insights and reports, significantly reducing the time it takes for business stakeholders to access and unlock the power of crucial data.

AI 120

AI Financial Crimes Audit Crime 120

Speaker: Jason Cottrell and Brian Walker

Brands used to look for a commerce platform that could do everything. But over time, one vendor was no longer enough to meet a brand’s needs, so they added, and added, and added— and now it's essential that these vendors work well together. That’s composable, and it’s important to get it right. Customers and your board expect you to be in new channels and to adapt quickly to market change.

Service Provider

Stripe

MAY 8, 2024

Stripe Billing allows businesses to manage customer relationships with recurring payments, usage triggers, and other customizable features.

Payments 139

Payments 139

Bank Automation

MAY 15, 2024

AI and generative AI applications continue to dominate conversations within the financial services industry, but implementing generative AI is near impossible if bank data isn’t standardized and accessible. What makes good data?

AI 115

AI Automation FinTech Continuity 115

Payments Dive

MAY 13, 2024

Digital wallets have grown in popularity as consumers have become accustomed to the convenience and flexibility of contactless payments.

Contactless Payments 174

Contactless Payments Payments Consumer 174

Finextra

MAY 16, 2024

Visa has unveiled a suite of new digital-first products and services that it claims will revolutionise the card and address the future needs of businesses, merchants and consumers and the financial institutions that serve them

Product 134

Product Addressing Consumer 134

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.

Payments

Fintech News

MAY 12, 2024

Tenity, an innovation ecosystem specialising in early-stage fintech startups, has partnered with XDC Network to introduce a new accelerator programme aimed at revolutionising the US$28 trillion global trade industry. The 12-week XDC Accelerator Programme invites startups to develop solutions using XDC Network’s advanced blockchain technology. This initiative targets startups that are working on Real World Asset Tokenisation (RWA), Trade Finance, Decentralised Physical Infrastructure (DePIN

Blockchain 125

Blockchain Innovation Participant Finance 125

The Fintech Times

MAY 1, 2024

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 119

FinTech Cross-Border Economy Innovation 119

Finovate

MAY 3, 2024

The regulatory landscape for companies innovating in fintech and financial services is complex and ever-changing. Whether a company is developing solutions in the crypto space or seeking to take advantage of the opportunities in open banking, open finance, or Banking-as-a-Service, a comprehensive understanding of the regulatory environment is critical for success.

Compliance 113

Compliance FinTech Automation Checks 113

Bank Automation

MAY 7, 2024

Chime Financial was fined $3.25 million by the Consumer Financial Protection Bureau today as the digital bank has failed to give timely consumer refunds. According to Chime’s refund policy, the company is required to issue consumer refunds within 14 days.

CFPB 113

CFPB Consumer Payments 113

Advertisement

Maximize success as an independent sales agent with a supportive payment processor partner. This article reveals the challenges agents face with uncooperative processors, like slow responses and lack of support, leading to missed opportunities. Discover how a supportive partnership can transform your success, offering extensive training, marketing materials, and ongoing support.

Payments

Payments Dive

MAY 1, 2024

“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.

Real Time Payments 167

Real Time Payments Volume Payments Accounts 167

Finextra

MAY 10, 2024

Nonprofit pro-cryptocurrency group Stand With Crypto has formed a political action committee (PAC) to support candidates who are encouraging of cryptocurrency and blockchain developments in the upcoming US elections.

Cryptocurrency 138

Cryptocurrency Blockchain 138

Fintech News

MAY 16, 2024

The Philippines has been uncovered to be the leading country in Southeast Asia showcasing overall interest in degen crypto and small cap cryptocurrency tokens, according to an extensive recent update from crypto resource platform CoinGecko. The research study released by CoinGecko has reportedly examined total visits by country to GeckoTerminal, DEX Screener, and DEXTools from April 2023 to March 2024, based on Similarweb data.

Caps 112

Caps Cryptocurrency Financial Inclusion Stablecoins 112

The Fintech Times

MAY 14, 2024

Harnessing innovative technology in all facets of work is crucial to setting a company apart from its competitors. Celebrating another milestone in harnessing an innovative technology, namely generative artificial intelligence (gen AI), Klarna , the AI-powered global payments network has hit 87 per cent gen AI adoption rates among employees. Sebastian Siemiatkowski, co-founder and CEO, Klarna “We push everyone to test, test, test and explore,” said Sebastian Siemiatkowski , CEO and co-founder at

Legal 109

Legal AI Payment Networks Global Payments 109

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

AI

Finovate

MAY 13, 2024

Temenos has launched Responsible Generative AI Solutions for financial services. The GenAI tools allow bank employees to use natural language to query the engine, which will leverage banks’ data to generate unique insights and reports. At launch, the new GenAI tools will be available within Temenos Wealth and Temenos Digital products. Banking technology provider Temenos launched Responsible Generative AI Solutions for financial services this week.

AI 105

AI Financial Crimes Audit Crime 105

Bank Automation

MAY 6, 2024

Small businesses demand efficient access to capital and Grasshopper Bank is meeting the needs of its small business clients through its latest digital lending solutions.

Small Business 116

Small Business On-Demand 116

Payments Dive

MAY 15, 2024

Concerns about the $35B merger proposal, which has already faced opposition, are likely to surface again at the July public meeting.

OCC 158

OCC Fed 158

Finextra

MAY 16, 2024

Mastercard has welcomed five new firms to its Start Path startup programme specifically for firms in the cryptocurrency and blockchain space.

Visa 145

Visa Blockchain Cryptocurrency 145

Advertisement

Explore how integrated payment strategies impact investor and buyer evaluations. Payments are more than a feature — they’re a key to long-term success and market differentiation. They help SaaS companies offer seamless user experiences and efficient operations. Investors and strategic buyers assess these integrated payment strategies as a measure of a company's growth potential and sustainability.

Payments Strategy

Fintech News

MAY 7, 2024

In Q1 2024, fintech venture capital (VC) funding experienced a notable decline, dropping by 16% compared to the previous quarter, new data released by market intelligence platform CB Insights show. The total funding amounted to US$7.3 billion, marking the lowest quarterly level since 2017. Quarterly fintech equity funding and deals, Source: State of Fintech Q1 2024, CB Insights, Apr 2024 The data, presented in the “State of Fintech Q1 2024” report, illustrates the continued downward trajectory i

Payment APIs and Integration 114

Payment APIs and Integration Non-Bank Finance FinTech 114

The Fintech Times

MAY 9, 2024

Enumeration attacks, where threat actors use automated scripts or botnets to repeatedly submit card-not-present (CNP) transactions using different combinations of payment values, such as a primary account number (PAN), a card’s verification value (CVV2), expiration date and postal code, cause as much as $1.1billion annually in fraud losses. Recognising the significance of this type of fraud, payments giant Visa has updated its Visa Account Attack Intelligence (VAAI) with a new tool that uses gen

AI 109

AI CVV2 Issuers Compromise 109

Fintech Finance

MAY 10, 2024

Zil US , a leading B2B payment platform, enables Austrian entrepreneurs and freelancers to easily pay US vendors and others worldwide. This cloud-based payment platform service allows Austrian businesses to open US payment accounts without a physical presence, streamlining global transactions for cross-border expansion. Zil US simplifies financial management by offering an all-in-one solution for various needs.

Facilitators 105

Facilitators Transactions Wire Transfer Cross-Border 105

Bank Automation

MAY 2, 2024

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.

AI 116

AI Visa Fraud Detection Continuity 116

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

Assessments