Mon.May 19, 2025

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April 2025 Changelog

Basis Theory

Real Time Account Updater This month we released real-time account updater, which allows you to retrieve updates to a single card token in real time.

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PCI SSC Launches New PIN Listing Program

PCI Security Standards

The PCI Security Standards Council (PCI SSC) announced that it has launched its own PIN Listing Program. This Program brings an important security service listing to the community, representing another step in the Councils mission to secure payments worldwide.

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What the UK’s new digital asset legislation means for payments leaders

The Payments Association

What the UKs new digital asset legislation means for payments leaders 9 May 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? New UK regulation bringing cryptoasset activities under the Financial Services and Markets Act. Why is it important? It imposes stricter compliance standards and requires FCA authorisation for firms to continue operating legally.

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Revolut to invest €1 billion in France and apply for banking licence

Finextra

Revolut is to invest more than $1 billion to expand its operations in France over the next three years as it prepares to apply for a French banking licence.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

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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Why Mastercard invested in Corpay

Payments Dive

The $300 million infusion in a cross-border partner creates a complementary tie, the network’s CFO said. It also comes as headwinds rise on that front.

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Finastra to sell Treasury and Capital Markets business to Apax Partners

Finextra

Finastra is to sell its Treasury and Capital Markets (TCM) business unit to an affiliate of venture capital firm Apax Partners in a deal estimated at $2 billion, including debt.

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Vietnam’s First Co-Badged Payment Card Launched by NAPAS and Mastercard

Fintech News

The National Payment Corporation of Vietnam (NAPAS) and Mastercard , in collaboration with six Vietnamese banks, have launched the countrys first co-badged payment card. The new product allows users to make transactions both locally and abroad using a single card. The participating banks are Agribank, BIDV, TPBank, Nam A Bank, PVcomBank, and Vikki. The launch follows a memorandum of understanding signed in October 2024 between Mastercard, NAPAS, and nine Vietnamese banks to expand digital paymen

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Hack could cost Coinbase up to $400M

Payments Dive

The crypto exchange is offering a $20 million reward for information leading to the hackers’ arrest. Coinbase terminated customer support agents who leaked customer data.

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Finastra to Sell Treasury and Capital Markets Unit to Apax Funds

Fintech News

Finastra , a global financial software provider, announced its agreement to sell its Treasury and Capital Markets (TCM) business unit to funds advised by Apax Partners LLP, a global private equity advisory firm. Financial terms of the deal were not disclosed. Upon completion of the transaction, the TCM division will be rebranded and operate as an independent company.

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Amex offers virtual card to small businesses

Payments Dive

The company has long provided the service to corporate clients, but this month started letting small business owners pay suppliers who accept Amex without a physical card.

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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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Sweden's central bank comes down hard in favour of cash payments

Finextra

Sweden's push to become a cashless society is rapidly heading into reverse, as the central bank sdubmits proposals to introduce an obligation to accept cash in the sale of essential goods, and to strengthen the banks' responsibility for cash handling.

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Fitch Ratings gains 40% efficiency with AWS gen AI tool

Bank Automation

Fitch Ratings has deployed gen AI within its software maintenance and development, gaining significant efficiency in the process. The global financial services ratings agency deployed Amazon Web Services Amazon Q last year to update its JavaScript written code, Aleks Hagy, head of ratings development, said during the AWS Financial Services Symposium in New York on […] The post Fitch Ratings gains 40% efficiency with AWS gen AI tool appeared first on Bank Automation News.

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Aveni launches FinLLM with backing from Lloyds and Nationwide

Finextra

Lloyds and Nationwide-backed fintech Aveni has released the first version of its domain-specific large language model for financial services, FinLLM.

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Capital One finishes Discover acquisition after 15-month journey

Bank Automation

Almost 15 months after its announcement, Capital One Financial Corp.s takeover of Discover Financial Services was officially completed on Sunday, creating the largest credit-card issuer by loan volume in the US. Armed with Discovers payments network, which competes with those of Visa Inc. and Mastercard Inc., Capital One is poised to capture an even greater […] The post Capital One finishes Discover acquisition after 15-month journey appeared first on Bank Automation News.

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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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UK Government to rush through new rules governing buy now, pay later products

Finextra

After years of wrangling, the UK Government is finally introducing new rules to clamp down on what it describes as the 'wild west' of buy now, pay later lending.

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USAA melding human, AI interactions

Bank Automation

USAAis testing ways to improve the digital experience and identify when human intervention is necessary,Scott Serpico, associate vice president of product management and consumer lending, said during a session last week at Auto Finance Summit East in Nashville, Tenn. Most ofour members today use us digitally, [but] that human touch, especially in the last mile […] The post USAA melding human, AI interactions appeared first on Bank Automation News.

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Forex Trading in 2025 – What You Really Need to Know Before You Dive In

Finextra

If youve spent any time scrolling through finance blogs or chatting with friends whove just start.

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Fintech Rundown: A Rapid Review of Weekly News

Finovate

The UK is looking to regulate Buy Now, Pay Later lenders. Meanwhile in the US, the Consumer Financial Protection Bureau is reducing fines on previous enforcement actions. It’s a tale of two very different regulatory trends depending on which side of the Atlantic you’re on. We’ve got the latest regtech news along with the rest of the top headlines in fintech right here in this week’s edition of the Fintech Rundown !

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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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Tillo appoints Jason Silverstein as COO

Finextra

Tillo, the leading rewards and incentives platform and global gift card network, is thrilled to announce the appointment of Jason Silverstein as its new Group Chief Operating Officer (COO).

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New Spring Release: Smarter Post-Purchase Experiences, More Connected Systems

DeckCommerce

Todays post-purchase experience carries high expectations. Shoppers want timely updates, easy tracking, and seamless returns. Behind the scenes, your teams need accurate data and efficient workflows to keep up.

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CSI names Nancy Langer as president and CEO

Finextra

CSI, a leading provider of end-to-end financial software and technology, today announced the appointment of Nancy Langer as president, CEO and board member.

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Billionaire Sarath Ratanavadi’s Gulf Raises Kasikornbank Stake to 5.23%

Fintech News

Gulf Development, a unit of Gulf Energy led by Thailands richest individual Sarath Ratanavadi, has increased its stake in Kasikornbank to 5.23%, Bloomberg reported. This makes it the third-largest shareholder in the countrys second-biggest lender by assets. According to a filing with the Securities and Exchange Commission dated 16 May, the stake rose by 0.53 percentage points from a previous disclosure.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Klarna reports fourth profitable quarter - before one-time costs take a bite

Finextra

Klarna, the AI-powered global payments and commerce network, today announced its Q1 2025 results, unveiling consumer milestones, surging market traction, and exceptional returns from its bold AI strategy.

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Next Step for UK BNPL: UK Government Introduces New Rules

The Fintech Times

The UK Government has brought in new regulations for the buy now pay later (BNPL) industry to ensure it is in line with other credit products. Customers choosing to make payments through BNPL will now need to pass an affordability check. This marks the latest move in the government’s efforts to remove the idea of the ‘wild west’ of unregulated borrowing.

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UK Government to rush through new rules to tame BNPL 'wild west'

Finextra

After years of wrangling, the UK Government is finally introducing new rules to clamp down on what it describes as the 'wild west' of buy now, pay later lending.

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Aveni Launches FinLLM With Support From Nationwide and Lloyds Banking Group

The Fintech Times

Following investment from Lloyds Banking Group and Nationwide last year, UK AI fintech, Aveni has announced the launch of its domain-specific large language model (LLM) purpose-built for the UK financial services sector, FinLLM. Designed to meet the industry’s requirements for compliance, safety and performance, FinLLM was created by a specialist team at Aveni Labs.

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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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Egyptian lending marketplace Qardy to be acquired by CPME in Spac deal

Finextra

Qardy, Egypts pioneering digital lending marketplace, is thrilled to announce that it is set to be acquired by Catalyst Partners Middle East (CPME) through a landmark Special Purpose Acquisition Company (SPAC) acquisition, valued at approximately EGP 1.16 billion (USD 23.15 million).

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1 in 10 UK Adults Have No Savings: FCA Pushes for Smarter Financial Tools and Support

The Fintech Times

The Financial Conduct Authority (FCA) has revealed that around one in ten people have no cash savings at all, according to new research. Through a survey, the FCA found that 21 per cent of people in the UK have less than 1,000 in savings to use in the event of an emergency. The regulator’s research also shows that one in four people in the UK have low financial resilience, meaning that they have missed payments, are struggling to keep up with commitments, or dont have savings to help them

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Standard Chartered appoints Jennifer Lassiter as head of digital assets

Finextra

Standard Chartered today announces the appointment of Jennifer Lassiter as Head of Digital Assets, Europe and Americas, based in New York City.

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Wio Bank Reveals Secret to Successful Collaboration With Customers at Dubai FinTech Summit

The Fintech Times

Small and medium enterprises (SMEs) are created from entrepreneurs’ passions. They set themselves a goal to launch a service they care about and then they do all they can to achieve it. However, what is easy to forget, is that the majority of these firms are not financial services experts, and they need support from financial players in order to realise their dreams.

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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