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March 21, 2025
Top Post
JP Morgan CEO Jamie Dimon Emphasizes AI’s Potential To Cut Costs by 90%
CHOSUNBIZ
"We can perform all the tasks we've been doing at one-tenth the expense using artificial intelligence (AI)." At the Adobe Summit 2025, Jamie Dimon, Chairman and Chief Executive Officer of JP Morgan Chase, said this. During the discussion, Shantanu Narayen, CEO of Adobe, posed a wide range of questions about the changes brought by AI and the outlook for the global economy, and Dimon shared his views on these topics."
How Agentic AI Will Transform Financial Services With Autonomy, Efficiency and Inclusion
World Economic Forum
"Agentic artificial intelligence (AI) goes beyond generative AI (GenAI) by enabling autonomous decision-making, collaboration, and learning to revolutionize financial services. While offering efficiency and innovation, Agentic AI raises concerns about labour disruption, privacy, market volatility and governance, necessitating robust oversight and ethical frameworks."
On the web
DoorDash Will Soon Let Users Eat Now and Pay in Installments
BNN Bloomberg
"Buy Now, Pay Later services are typically used on large purchases, like furniture. But now one service is branching out into fast food. DoorDash is partnering with Klarna, a financial company that lets customers schedule small payments over a set period of time, in a new partnership announced."
Tink Hits 10,000 Merchant Milestone for Open Banking Payments
Tink
"We are excited to announced that 10,000 merchants have now chosen Pay by Bank via our Payment Service Provider (PSP) partnerships. Tink also recently hit a new €100M peak in a single day for its payment initiation services (PIS) across Europe, marking a tipping point in demand for Pay by Bank."
Ant International Launches Embedded Finance Service for E-Commerce SMEs in Brazil
Ant Global
"Bettr, a leading AI-driven lending business under Ant International, announced its official launch in Brazil to expand small and medium-sized enterprise (SME) lending to support local and regional economic development by working with local partners. As a first move, it formed a strategic partnership with AliExpress to bring a new financing solution, Bettr Working Capital, to local merchants operating on AliExpress."
How Traditional Banks Are Making Embedded Finance Work Without Changing Their DNA
Tearsheet
"Legacy banks are embracing embedded finance to forge deeper relationships with clients and merchants beyond merely staying relevant. We deep dive into how J.P. Morgan Chase and Citi are building on their existing infrastructure to ramp up embedded payment investments, turning modern business needs into new opportunities, and what strategies have been working well in their favor."
Visa and Misa Partner To Drive Digital Payments in Vietnamese Businesses
IBS Intelligence
"Visa and MISA, a provider of digital transformation solutions for finance, accounting, and enterprise management, have teamed up to empower Vietnamese businesses through comprehensive digital payment solutions. This collaboration aims to accelerate digital transformation within Vietnam’s business community, fostering greater financial inclusion and operational efficiency for enterprises of all sizes."
How We’re Enabling a Seamless Payments Experience for Corporates Around the Globe
Swift
"Corporates worldwide face a range of challenges in managing payments. Gaining visibility into the status of their cross-border transactions can be difficult, as can achieving transparency on FX rates and associated charges...By making our new FINplus service available to the corporate community, we’re introducing a payment instruction standard for corporates enabling them to reap the benefits of ISO 20022, such as improved reconciliation, better forecasting of payment flows, and improved working capital management."
March 20, 2025
On the web
Interlinking Fast Payment Systems to Enhance Cross-Border Payments
BIS
"The G7 supports responsible innovation that enables interoperability among new and existing cross-border payment systems; a level playing field for private sector competition and innovation; and the observance of relevant international standards. Emerging markets and developing economies have made considerable progress in fast payment adoption, laying the foundation for interlinking at the regional and international levels – thus enhancing cross-border payments."
dLocal and Belmoney Partner To Transform Cross-Border Remittances Across Key Emerging Markets
dLocal
"dLocal announced a strategic partnership with Belmoney, the first Remittance-as-a-Service (RAAS) provider in Europe. dLocal enables Belmoney to facilitate cross-border payouts, leveraging over 900 local and alternative payment methods (APMs), such as credit and debit cards, bank transfers, and instant transactions in Bangladesh, Ecuador, Peru, and Pakistan—along with digital wallets like OPay in Nigeria and GCash in the Philippines and expansion into markets like China."
Trustly Partners with Hard Rock Digital to Become the Pay by Bank Provider For Key US Markets
Trustly
"Trustly announced a partnership with Hard Rock Digital to become the Pay by Bank provider for Hard Rock Bet, one of the fastest growing sportsbooks and iGaming platforms in the nation. Hard Rock Bet players will be able to securely link their bank accounts for instant deposits and withdrawals using Trustly. In addition to real-time payments (RTPs), Trustly will provide Guaranteed Automated Clearing House (GACH) payments and Available Funds Guidance for players throughout all of Hard Rock Digital’s operating states."
One Click and That’s It: Worldpay and Visa Deliver Single Click Checkout to the UK
Worldpay
"With the aim to deliver payments experiences consumers love, Worldpay ® has joined forces with Visa to bring their Click to Pay payment option to merchants in the U.K. Worldpay customers using the company’s hosted payments pages can simply turn on Click to Pay with Visa without the need for merchant integration or development."
March 19, 2025
Top Post
Google Now Lets Kids Use Google Wallet for In-Store Payments in Select Countries
TechCrunch
"Google announced that kids with Android phones can now tap to pay at stores using Google Wallet in the United States, United Kingdom, Australia, Spain, and Poland. Parents and guardians in these countries can now allow their children to access digital payments on their Android devices with supervision. Kids can also use Google Wallet to access supported passes, like event tickets, library cards, and gift cards."
On the web
U.S. Faster Payments Council Publishes New Report on Overcoming Usability Impediments to Instant Payment QR Code Adoption
Faster Payments Council
"The U.S. Faster Payments Council released a new report, Overcoming Instant Payment QR Code Impediments to Adoption: Usability, which examines key challenges in implementing QR code-based instant payments at the point-of-sale (POS) and offers insights into addressing these barriers. "
Apple Wallet Gets Deeper Integration With PayPal's Debit Card This Year
MacRumors
"In the final sentence of an October 2024 press release, celebrating the 10-year anniversary of Apple Pay, Apple said iPhone users in the U.S. would be able to see their PayPal balance when using their PayPal debit card in the Wallet app. Apple said this feature would launch in 2025, so it should arrive in a future iOS 18 or iOS 19 update."
Fiserv Acquires CCV
Fiserv, Inc.
"Fiserv, Inc. announced that it has acquired CCV, a payment solutions provider in the Netherlands, Belgium and Germany, demonstrating continued focus on driving growth in the European market. The acquisition enables Fiserv to accelerate the deployment of its Clover platform and operating system across Europe, while providing enhanced capabilities and innovation to an expansive, combined merchant and partner base. Financial terms of the transaction were not disclosed."
Visa Stay Secure: Consumers Embrace Security Measures as Digital Payments Adoption is Set to Grow in the UAE
Visa Middle East
"A new study commissioned by Visa reveals a rise in consumer awareness and proactive security measures for digital payments in the United Arab Emirates (UAE). The ninth annual Stay Secure study, which surveyed 5,800 adults across 17 CEMEA markets, found that 99% of consumers in the UAE now actively take precautions to secure their online transactions, showcasing increased savviness as digital payments gain momentum."
Data from the Federal Reserve Payments Study Shows the Pace of Payments Accelerating
Atlanta Fed
"The allure of speed plays a role in changing use patterns for all kinds of payment methods, familiar and new. Automated clearing house (ACH) transactions and person-to-person (P2P) payments via depository institution websites are two payment types for which recent growth rates show the importance of speed. Data from the Federal Reserve Payment Study (FRPS) finds that same-day ACH debit transfers grew 39 percent per year by value from 2018 to 2021."
On the wires
Affirm Expands Credit Reporting with Experian to Include All Pay-Over-Time Products
Business Wire
"Affirm Holdings, Inc. announced it is expanding its credit reporting to Experian® to include all of Affirm’s pay-over-time products beginning April 1, 2025. By furnishing information about all of its pay-over-time transactions to Experian, Affirm is helping to drive greater transparency and responsible lending."
Outseer Launches Platformized Behavioral Biometrics Delivering Unmatched Defense in Depth
Business Wire
"Outseer, a recognized leader in authentication and fraud prevention for digital banking and 3-D Secure (3DS) transactions, announced its platform-native Behavioral Biometrics capability. The addition of platformized Behavioral Biometrics introduces another layer of defense that continuously analyzes user interactions to detect anomalies in real time."
Checkbook Enables Direct Digital Wallet Transfers with PayPal and Venmo Integration
Business Wire
"Checkbook, a leading innovator in payment solutions, announced the launch of its new payment rails, now integrating PayPal and Venmo seamlessly into its existing APIs. This significant advancement empowers businesses to send funds directly to their customers’ digital and mobile wallets, offering increased speed, convenience, and flexibility."
March 18, 2025
Top Post
Visa Partners With Major Banks to Launch Vbip in Australia
IT Brief Australia
"Visa has announced a partnership with ANZ, NAB, HSBC, and Westpac to introduce Visa B2B Integrated Payments (VBIP) in Australia, aimed at enhancing and simplifying business-to-business transactions for companies of varying scales. The VBIP solution is integrated within the SAP Business Technology Platform, which helps businesses automate their B2B payments."
On the web
NCR Atleos Unveils Comprehensive Paper on Optimizing ATM Operations Through ATM as a Service (ATMaaS)
NCR Atleos
"NCR Atleos Corporation announced the release of a groundbreaking paper that explores how financial institutions can optimize their ATM operations through various management models, with a particular focus on ATM as a Service (ATMaaS). This paper, sponsored by NCR Atleos and conducted by Datos Insights, is based on extensive interviews with global retail banks and credit unions, consumer surveys, and industry research."
Adyen Goes Live With Tap To Pay on iPhone in Nine Additional European Markets
Adyen
"Adyen has officially enabled Tap to Pay on iPhone in nine new markets: Bulgaria, Finland, Hungary, Poland, Portugal, Slovakia, Slovenia, Switzerland and Liechtenstein. The functionality allows businesses, such as gastronovi, the all-in-one solution for the hospitality industry, to enable iPhones to accept contactless payments without the need to purchase or manage additional hardware."
ABA, Others Seek Court Ruling in Illinois Interchange Fees Lawsuit
ABA Banking Journal
"The American Bankers Association joined other plaintiffs in filing a motion for summary judgment in a lawsuit challenging an Illinois law restricting interchange fees, pointing to the court’s previous finding that the plaintiffs were likely to succeed on their argument that federal law preempts the state law."
Apple Introduces Tap To Pay on iPhone in More European Countries
Apple
"Apple today introduced Tap to Pay on iPhone in Bulgaria, Finland, Hungary, Liechtenstein, Poland, Portugal, Slovakia, Slovenia, and Switzerland, enabling millions of merchants to use iPhone to seamlessly and securely accept in-person, contactless payments. In collaboration with payment platforms, app developers, and payment networks."
ACI Worldwide and Ingo Payments to Power Faster, Flexible Digital Disbursements
ACI Worldwide
"ACI Worldwide announced a partnership to provide a flexible, fast and secure digital disbursements solution: ACI Speedpay Digital Disbursements. This new solution is a value-added feature as part of the ACI Speedpay platform to help businesses scale their disbursement operations efficiently to meet customer expectations and evolving regulatory standards."
Airwallex Collaborates With Discover® Global Network To Expand Payment Acceptance Options
Airwallex
"Global fintech Airwallex has announced a new collaboration with Discover® Global Network, enabling Airwallex merchants to accept Discover® and Diners Club International® Cards, and other domestic scheme cards as a payment method, providing greater payment flexibility for businesses and their customers."
March 17, 2025
On the web
This Underrated Google Wallet Feature Is One of My Favorite Things About the App
Android Authority
"Over the last couple of months, I started using a little-known and often-forgotten Google Wallet feature that began rolling out last summer: custom passes. You’ve long been able to add anything with a barcode or QR code to Wallet, but the implementation was pretty barebones. Last August, Google upgraded the experience to use AI to help you create a custom pass for virtually anything."
On the wires
Jack Henry and Moov to Implement Mastercard Move to Enable Fast, Seamless Domestic Payments
PR Newswire
"Jack Henry™ announced an extended collaboration with Mastercard to offer Mastercard Move, Mastercard's portfolio of money transfer solutions, through Jack Henry Rapid Transfers™, a cloud-native service that will enable near-real time* money movement. This includes account funding and a variety of payment use cases in the United States via the Mastercard network."
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