Latest Payments & Fintech News And Insights

The Paypers covers the latest global news and analyses on payments, ecommerce, fintech, and the digital economy

We report on global payments news and innovation in an increasingly digital economy. We’re on top of all payments and fintech news: payments infrastructure, payments systems, payments behaviours, ecommerce payments, Open Banking and Open Finance, Banking-as-a-Service, B2B payments, cryptocurrencies, fraud and financial crime prevention, along with breaking news on the digital economy. Follow us for the latest regulation updates, along with relevant company news on payments investments, product launches, partnerships, and mergers and acquisitions.

We report on global payments news and innovation in an increasingly digital economy. We’re on top of all payments and fintech

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Identity orchestration: beyond mitigating risk to multiple benefits

Expert Opinion | Online Payments | Published Tuesday 10 Sep 2024 10:28 CET

As fraud risk rockets and regulations tighten, customer identity and authentication management (CIAM) is top-of-mind for banks, financial services firms, and insurers (BFSIs). Netcetera’s Martin Zeisel says comprehensive, properly orchestrated CIAM has benefits beyond mitigating risk and maintaining compliance.

 

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Identity orchestration: beyond mitigating risk to multiple benefits

Expert Opinion | Online Payments | Published Tuesday 10 Sep 2024 10:28 CET

As fraud risk rockets and regulations tighten, customer identity and authentication management (CIAM) is top-of-mind for banks, financial services firms, and insurers (BFSIs). Netcetera’s Martin Zeisel says comprehensive, properly orchestrated CIAM has benefits beyond mitigating risk and maintaining compliance.

 

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Top Stories

FBI: cryptocurrency fraud losses soar to USD 5.6 bln in 2023

News | Cryptocurrencies | 10 Sep 2024 16:10 CET
A new FBI report has shown that, in 2023, reported losses from cryptocurrency-related fraud exceeded USD 5.6 billion, marking a 45% increase from the previous year.
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PastPay secures EUR 12 mln Series A to expand B2B payments in Europe

News | Payments General | 10 Sep 2024 15:48 CET
Hungary-based flexible B2B payments provider PastPay has received EUR 12 million in Series A to provide innovative B2B payment solutions with flexible payment terms.
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Rapid Finance unveils integration with Q2's digital banking platform

News | Online & Mobile Banking | 10 Sep 2024 15:44 CET
Rapid Finance, a platform that offers tailored solutions for small businesses, has announced its integration with Q2's digital banking platform.
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Swedish FSA reprehends Klarna's failure to mitigate money laundering risks

News | Digital Identity, Security & Online Fraud | 10 Sep 2024 15:35 CET
AI-enabled global payments network and shopping assistant Klarna has been criticised by the Swedish Financial Supervisory Authority for not advancing its money laundering prevention procedures. 
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A2A payments to increase from 60 billion in 2024 to 186 billion by 2029

News | Online & Mobile Banking | 10 Sep 2024 15:33 CET
Juniper Research, a specialist in fintech and payment markets, has published a new study indicating that A2A payments are projected to rise by 209%.
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Norse Atlantic adopts Swiipr's digital compensation at US airports

News | Mobile Payments | 10 Sep 2024 15:19 CET
Norse Atlantic Airways has commenced the use of Swiipr’s digital passenger compensation payments system at John F. Kennedy International, Miami International, and Los Angeles International airports.
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Central Bank of Iceland expresses interest in T2 and TIPS

News | Online & Mobile Banking | 10 Sep 2024 15:10 CET
The European Central Bank (ECB) has noted the Central Bank of Iceland's (Seðlabanki Íslands) interest regarding potential participation in T2 and TIPS.
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TrueLayer expands its partnership with Stripe

News | Online & Mobile Banking | 10 Sep 2024 14:13 CET
Open Banking payments network TrueLayer has announced an extension of its partnership with global financial infrastructure platform Stripe.
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Tokocrypto gets Physical Crypto Asset Trader license in Indonesia

News | Cryptocurrencies | 10 Sep 2024 13:05 CET
Cryptocurrency exchange Tokocrypto has received a license as a Physical Crypto Asset Trader (PFAK) from Indonesia’s Commodity Futures Trading Regulatory Agency.
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Thunes teams up with MBANK to optimise cross-border payments

News | Payments General | 10 Sep 2024 12:59 CET
Singapore-based cross-border payment solutions provider Thunes has entered into a strategic agreement with MBANK to allow the latter to be part of the Thunes Direct Global Network. 
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Bank of London raises GBP 42 mln in new funding

News | Online & Mobile Banking | 10 Sep 2024 12:48 CET
The Bank of London, a new clearing bank supported by Labour figure Lord Mandelson, has announced the completion of a GBP 42 million funding round.
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Yazara now part of Global Payments

News | Payments General | 10 Sep 2024 11:45 CET
Software development company Yazara has announced that is now part of Global Payments, with the company planning to expand and diversify in additional geographies. 
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Embedded Finance solutions will help revolutionise trade and working capital

Expert Opinion | Online & Mobile Banking | 10 Sep 2024 10:51 CET
Vinay Mendonca, Managing Director of Embedded Finance at HSBC, highlights the need for integrated solutions to meet evolving customer expectations and support businesses in the digital era.
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GTreasury acquires CashAnalytics

News | Online & Mobile Banking | 10 Sep 2024 10:47 CET
GTreasury has acquired CashAnalytics, a provider of cash forecasting and accounts receivable/payable (AR/AP) analytics solutions.
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iDenfy partners with Bitlocus to improve crypto security

News | Digital Identity, Security & Online Fraud | 10 Sep 2024 10:41 CET
iDenfy, a Lithuania-based regtech startup specialising in ID verification and fraud prevention, has partnered with Bitlocus, a regulated cryptocurrency exchange.
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Experian, Oakbrook to provide consumers with competitive loans

News | Online & Mobile Banking | 10 Sep 2024 09:59 CET
Experian, a company specialising in consumer and business credit reporting, has entered into a strategic collaboration with Oakbrook, a non-bank provider of consumer lending services. 
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Shopify teams up with Roblox to support entrepreneurship and commerce

News | Online Payments | 10 Sep 2024 09:18 CET
Canada-based ecommerce platform Shopify has joined forces with Roblox to further support entrepreneurship and simplify commerce. 
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Survey reveals key payment preferences trends

News | Payments General | 10 Sep 2024 09:05 CET
A survey conducted by IDEMIA Secure Transactions between December 2023 and January 2024 has revealed global payment trends and consumer expectations.
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FinMont partners with Inpay

News | Payments General | 10 Sep 2024 08:24 CET
Global payment orchestration platform FinMont has partnered with Danish payment service provider Inpay.
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