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IndsutryUpdate

FXC: Women scarce in cross-border terminals. Building on its existing success with the Gift
payments senior leadership and Loyalty – Tetra application on Ingenico's Desk and
Move series, Factor4 plans to extend these solutions to
FXC Intelligence released a report highlighting female additional models like the Desk 2600 and Lane 3600.
representation in senior leadership roles within the Additionally, future expansions are set for the Ingenico
cross-border payments industry. The study revealed AXIUM line. Factor4 CEO Dan Battista expressed excite-
that women hold only 26 percent of senior positions in ment about enhancing customer experiences and busi-
the sector, a figure significantly lower than industry tar- ness growth through this strengthened collaboration.
gets. Out of the companies analyzed, a notable portion
entirely lacked female representation in top leadership. HUMBL, Oregon BlackBears expand partnership
The findings coincide with notable female leadership
at Money20/20 Europe, including Ida Rolek-Kononiuk Digital technology platform HUMBL expanded its part-
of FXC Intelligence joining the RiseUp cohort and Lucy nership with the Oregon Blackbears to deliver an inno-
Ingham presenting on industry misconceptions about vative digital ticketing program and fan experience.
Superapps. The FXC report underscored the need for HUMBL is built on fully verified profiles and new digi-
increased diversity at senior levels in the payments tal technologies, improving the cost, transparency and
industry. digital authenticity of tickets for fans, teams, leagues and
venues, the partners stated. HUMBL and the Oregon
Bank, FI CEOs bet on AI to Blackbears added that they will continue incorporating
stay competitive, IBM finds advancements in digital wallets and blockchain technol-
ogy. While enhancing the fan experience, HUMBL aims
A study by IBM Institute for Business Value revealed to provide unprecedented levels of security and authen-
that CEOs in banking and financial markets are aggres- ticity in ticketing and merchandise.
sively integrating generative AI to maintain competi-
tiveness, with 57 percent believing that advanced AI i2c, Affiniti to expand financial
capabilities are key to competitive advantage. Amid this access for underserved SMBs
push, they face challenges in workforce adaptation and
cultural shift. The survey highlighted that 60 percent i2c Inc., a digital banking and payment solutions pro-
of CEOs indicated they feel their teams are equipped vider, formed a partnership with Affiniti Finance, a New
for AI, yet over half struggle to fill emerging tech roles. York-based fintech company focusing on small busi-
Cultural adaptation and maintaining customer trust ness sectors typically underserved by traditional finan-
were emphasized, with 64 percent prioritizing trust over cial services. Leveraging i2c's customizable payments
product innovations. CEOs mentioned they are navigat- platform, Affiniti can now deliver specialized credit
ing the rapid evolution of roles, which is necessitating programs with industry-specific features and rewards
significant skills upgrading. on the Mastercard network. The partnership stated the
partnership has also successfully introduced co-branded
PARTNERSHIPS credit products across various industries like HVAC and
podiatry, significantly boosting revenue and transaction
volumes, and Affiniti's offerings now include advanced
BS2 Bank picks Nium to support FX settlement features like expense tracking and accounting integra-
tions, catering to small businesses across nine industry
Nium, a provider of real-time cross-border payments, verticals and 17 trade associations.
partnered with Brazilian digital bank BS2 to enhance FX
transactions and enable real-time international payouts, Maverick Payments integrates
particularly between Brazil, China and the UAE. BS2 to Visa Acceptance Platform
will also serve as Nium's Brazilian Real Correspondent
Bank, facilitating real-time settlements via Brazil's PIX Maverick Payments reported it is collaborating with
payment network. This partnership aims to provide Visa to offer direct transaction routing via the Visa
competitive FX rates and expand global business oppor- Acceptance Platform, enhancing direct payment pro-
tunities, strengthening Nium's network with more stable cessing through VisaNet and providing additional ser-
and efficient payment capabilities. The collaboration vices. This partnership allows Maverick's resellers and
also marks a key development in supporting interna- merchants access to advanced solutions like network
tional commerce with Brazil, offering cost-effective solu- tokens, 3D secure, and fraud prevention tools, Maverick
tions for ecommerce and marketplace sectors. noted, adding that it aims to leverage Visa's technology
to increase merchant profits by improving authorization
Factor4, Whittle Group expand partnership rates and reducing fraud. The integration also provides a
competitive edge by enabling transactions directly with
Factor4, a gift and loyalty solutions provider, expand- Visa, bypassing third-party processors, and streamlining
ed its partnership with the Whittle Group to further the go-to-market process for partners, Maverick noted.
enhance their offerings on various Ingenico payment

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