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How banks can use AI to fight fraud together

Voice of the Industry | Digital Identity, Security & Online Fraud | 15 Nov 2024

As the battle against payments fraud intensifies, Jackie Barwell of ACI Worldwide stresses the need for banks to unite and leverage AI to tackle risks at their source.

fraud detection, identity theft, phishing, deep fake, social engineering

Sustainability and ESG initiatives in payments: key developments and trends

Voice of the Industry | Payments General | 07 Nov 2024

Gabriel Lucas, Director, and Chaira Mekkaoui, Associate Director, both part of Redbridge Debt and Treasury Advisory, discuss the latest trends and initiatives related to integrating sustainability and ESG principles within the payments industry.

sustainability , ESG, online payments, financial institutions, digitalisation, SoftPOS, POS, digital payments, fintech, financial inclusion, merchants, BNPL, regulation, GDPR

TerraPay partners with Suyool to boost financial accessibility in Lebanon

News | Online Payments | 06 Nov 2024

TerraPay, a global money movement company, has partnered with Suyool, a financial ecosystem regulated by Banque du Liban, to improve financial accessibility in Lebanon.

partnership, remittance, financial services, payments , financial inclusion

iProov joins Biometrid to advance digital identity verification

News | Digital Identity, Security & Online Fraud | 06 Nov 2024

Biometric identity solutions provider iProov has partnered with Biometrid to advance digital identity verification solutions in Portugal and other regions.

digital identity, identity verification, partnership, fraud prevention

Walletto partners with Fintech Poland to support Polish fintech

News | Payments General | 05 Nov 2024

Walletto, a Lithuanian Electronic Money Institution has announced its new membership in Fintech Poland to assist Polish fintechs to expand internationally.

payments , ecommerce, fintech, customise solutions, financial data

Viamericas partners with Victoria Mutual Group to expand its remittance tools in Jamaica

News | Payments General | 05 Nov 2024

Viamericas has announced its partnership with Victoria Mutual Group in order to expand its suite of remittance services for customers and clients in the region of Jamaica. 

partnership, remittance, money remittance, payments

Tourist taxes part one: their history, current landscape, and case studies

Interviews | Payments General | 05 Nov 2024

Adiel Mambara, Country Manager for Royal Brunei Airlines in the UK, provides an overview of the history and current impact of tourist taxes.

travel series, travel payments, COVID-19

Spire and Salt Edge partner to support Bahrain's Open Banking adoption

News | Online & Mobile Banking | 04 Nov 2024

Financial API platform Salt Edge has teamed up with Spire to assist the Central Bank of Bahrain (CBB) in advancing Corporate Banking with Open Banking. 

partnership, Open Banking, corporate card, banks, financial services, SMEs

CBI Partners with Zumo to explore sustainable digital asset tracking

News | Cryptocurrencies | 01 Nov 2024

UAE-based Commercial Bank International has signed a Memorandum of Understanding with Zumo, a UK-registered digital assets platform.

partnership, digital assets, sustainability , cryptocurrency

Banco Santander to cut UK jobs as part of cost-saving efforts

News | Online & Mobile Banking | 01 Nov 2024

Reuters has reported that Spain-based Banco Santander has decided to move forward with a plan to reduce 1,425 jobs within its UK operations.

banks, financial services, financial institutions, banking

How cloud modernisation is accelerating payments innovation

Interviews | Online & Mobile Banking | 30 Oct 2024

Scotty Perkins, Global Head of Product Management and Head of Banking and Intermediaries at ACI Worldwide, discusses cloud modernisation's impact on payments, financial inclusion, and future trends in fintech.

cloud services, cloud payments, cloud banking, banks, financial institutions

Thunes launches Pay-to-Card solution

News | Payments General | 29 Oct 2024

Singapore-based cross-border payment solutions provider Thunes has announced the launch of its Pay-to-Card solution, with the company expanding its global reach. 

product launch, expansion, cross-border payments, payment methods

Filigran secures USD 35 million in Series B funding round

News | Digital Identity, Security & Online Fraud | 28 Oct 2024

Europe-based cybertech Filigran has announced that it secured USD 35 million in a Series B funding round, with the company planning to further expand its footprint.  

funding, investment, artificial intelligence, cybercrime, cybersecurity, risk management

Nuvei Partners with BigCommerce to improve payment solutions

News | Ecommerce | 24 Oct 2024

Canada-based fintech firm Nuvei has partnered with BigCommerce to allow the latter’s users to use Nuvei’s suite of omnichannel payment solutions.

partnership, online payments, ecommerce, SaaS, fintech

Zip secures USD 190 million in Series D funding

News | Payments General | 23 Oct 2024

Zip, a procurement platform that leverages AI technology, has raised USD 190 million in a series D funding round led by BOND.

artificial intelligence, funding, investment, e-procurement

JCB and GHL partner to expand payment options

News | Payments General | 22 Oct 2024

Japan-based international payment provider JCB has entered into a strategic partnership with GHL to expand payment options across Malaysia, Thailand, and the Philippines. 

partnership, payments , online payments, digital payments, merchants

Paving the way to profit with intelligent decisioning

Interviews | Digital Identity, Security & Online Fraud | 22 Oct 2024

Erika Dietrich, ACI Worldwide’s VP of Analytics & Optimisation Payments Intelligence, explores the use of transaction intelligence for ecommerce businesses to work faster.

fraud prevention, ecommerce, artificial intelligence, fraud management, real-time payments, payments , data analytics, merchants, digital identity, online authentication, Fraud decisioning, fraud detection, multi-factor authentication, API, refund fraud

Wise Business introduces invoicing tool for Singaporean SMEs

News | Online & Mobile Banking | 17 Oct 2024

Global technology company Wise Business has introduced a new invoicing feature for Singaporean small and medium-sized enterprises (SMEs) to enable them to augment payments.

cross-border payments, product launch, e-invoicing, SMEs, digital banking

Tuum teams up with Zenus Bank to introduce global BaaS

News | Online & Mobile Banking | 16 Oct 2024

Estonia-based core banking provider Tuum has announced its partnership with Zenus, a US digital bank, with the two organisations planning to work on launching a global Banking-as-a-Service (BaaS) platform. 

partnership, digital banking, online banking, BaaS, product launch, fintech

Multitude Bank expands footprint with stake acquisition in Lea Bank

News | Online & Mobile Banking | 11 Oct 2024

Multitude has announced that its subsidiary, Multitude Bank, has acquired a 9.9% stake in Lea Bank ASA, a digital bank focused on consumer financing in the Nordic countries and Spain.

merger, acquisition, banks, expansion, regulation