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Discover all the payments and fintech-related news and analysis about Israel in The Paypers News, Reports, along with other Israel-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Israel in The Paypers News, Reports, along with other

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UNIPaaS finalises initial external fundraising round

News | Online Payments | 09 Feb 2021

UNIPaaS, an Israel-based payments solution provider for digital marketplaces and B2B SaaS companies, has announced that it has finalised its initial external fundraising round.

UNIPaaS, fundraising, fintech, PSP, online payments

Tata Consultancy launches new blockchain-based digital bank guarantee platform in Israel

News | Payments General | 10 Dec 2020

Tata Consultancy Services (TCS) has launched a new transformative Digital Bank Guarantee platform, powered by the Quartz Blockchain solution, as part of the Banking Service Bureau (BSB), operated by TCS for the digital banking industry in Israel.

Tata Consultancy, blockchain, Quartz, digital banking, Open API, banking technology

Visa in credit card payment app agreement with Max in Israel

News | Cards | 05 Aug 2020

Visa has announced its card holders now have a smartphone payment solution, with the inauguration of its Max app Contactless in Israel.

Visa, Max, Israel, partnership, cards, merchants, ecommerce, Android, digital transactions, mobile payments, card payments

Blockchain startup Kirobo's to allow crypto users retrieve funds sent in error

News | Cryptocurrencies | 01 Jul 2020

Kirobo, an Israel-based blockchain startup, has announced that its technology can prevent the loss of cryptocurrency caused by human error when sending transactions between wallets.

Kirobo, blockchain, cryptocurrency, crypto funds, wallets, Israel, transactions

Mastercard, Enel X secure USD 3.7 mln funding for fintech-cybersecurity lab in Israel

News | Online & Mobile Banking | 04 May 2020

US-based companies Mastercard and Enel X have obtained USD 3.7 million funding from Israel to establish a research facility in Beersheva, Israel.

MasterCard, Enel X, fintech, cybersecurity, startup, proof of concept, Israel

Bank Hapoalim pleads guilty for helping its clients hide USD 7.6 billion

News | Payments General | 04 May 2020

Israel-based Bank Hapoalim has pleaded guilty in Manhattan's federal court on April 30 for helping its US clients hide USD 7.6 billion from the Internal Revenue Service (IRS)

Israel, bank, IRS, Bank HaPoalim, US, fraud, Swiss Bank Program, Switzerland

Tata Consultancy Services to launch a digital only bank in Israel

News | Online & Mobile Banking | 27 Apr 2020

India-based Tata Consultancy Services (TCS), an IT service and consulting company, has announced that it will launch an all-digital bank in Israel.

digital banking, Israel, neobank, Tata Consultancy Services, banking licence, IT, banking service, BaNCS, credit, loans

Canadian PSP Nuvei announces strategic partnership with the MAX Group

News | Payments General | 21 Feb 2020

Canada-based PSP Nuvei has entered into a strategic collaboration agreement with Israel-based financial institution Max Group.

Nuvei , Canada, proprietary native platform, Payment Service Provider, Israel, partnership, B2B payments, PSP, alternative payment method

Nuvei to sell CreditGuard to Israel's Max Group

News | Online Payments | 20 Feb 2020

Payment technology company Nuvei has signed an agreement to sell CreditGuard to Israeli financial institution Max Group.

Nuvei , CreditGuard, Max Group, payment gateway, merchants, payments

Stanchion, Futurex, Credics team up to secure payments environments in Israel

News | Digital Identity, Security & Online Fraud | 17 Feb 2020

Stanchion, Futurex and Credics have invested in the development of a fully compatible and compliant hardware security module (HSM) solution to support financial institutions in Israel managing data encryption for their operations, including those that are migrating from the ARX HSMs to modern platforms.

Stanchion, Futurex, Credics, Israel, payments security, hardware security module, financial data, encryption, payment security platform

Cross-border banking service Rewire develops into a neobank for migrants

News | Online & Mobile Banking | 13 Feb 2020

Israel-based cross-border banking service provider for migrants Rewire has announced the development of it as a neobank for migrants in Europe.

Rewire, cross-border payments, cross-border banking service, online banking, neobank, digital banking, Tel Aviv, Israel, Europe, Netherlands, migrants, digital bank account

The Bank of Israel publishes guidelines for implementation of the Open Banking standard in Israel

News | Payments General | 11 Dec 2019

The Bank of Israel has published a draft for public comments of a Proper Conduct of Banking Business directive on "Implementation of Open Banking".

The Bank of Israel, Open Banking, Israel, consent, payments , banks, credit card companies

Colu, Tel Aviv Municipality pilot cashback program for business owners

News | Ecommerce | 03 Dec 2019

Colu, a city app and digital wallet solution for smart cities, has partnered with Tel Aviv Municipality and the Tel Aviv Foundation, to develop financial tools to strengthen urban resilience.

Colu, partnership, digital wallet, smart cities, Tel Aviv Municipality, Israel, Financial Tools, shopping

Riskified receives USD 165 million in funding round led by General Atlantic

News | Digital Identity, Security & Online Fraud | 06 Nov 2019

Riskified, a payments and fraud-prevention solutions provider, has announced its Series E funding round of USD 165 million, led by global growth investor General Atlantic.

fraud prevention, solutions provider, funding, chargebacks, machine learning, Riskified, merchants

Identiq raises USD 47 mln in Series A funding round

News | Digital Identity, Security & Online Fraud | 03 Mar 2021

Israel-based anonymous identity validation network Identiq has announced that it has raised USD 47 million in a Series A funding round.

Identiq, funding, digital identity, fraud prevention

First Digital Bank starts pilot run

News | Online & Mobile Banking | 15 Mar 2021

Israel-based First Digital Bank has commenced a pilot run, opening accounts and offering banking services to a closed number of customers.

product launch, digital banking, credit card, online banking

The Bank of Israel inaugurates new Open Finance infrastructure

News | Online & Mobile Banking | 15 Mar 2021

The Bank of Israel and the Government ICT Authority in the National Digital Ministry have launched an infrastructure which will be at the center of the open financial system in Israel.

Open Finance, product launch, data, TPP

Machsanei Hashuk taps WalkOut's smartcart solution

News | Ecommerce | 10 Dec 2021

Israel-based shopping solutions company WalkOut has started collaborating with supermarket chain Machsanei Hashuk to implement the former’s autonomous checkout solution.

ecommerce, checkout optimisation , retail, machine learning, product upgrade

Google Pay launches in Israel

News | Mobile Payments | 13 Dec 2021

Google Pay has been launched in Israel and major banks and credit card companies within the country have already planned to integrate it as a new payment service.

mobile payments, Google Pay, expansion, data, Mastercard, digital wallet

Stripe unveils its operations in Israel

News | Online Payments | 04 Jan 2022

US-based payments processing software company Stripe has launched its operations in Israel, ahead of joining the local market.

Stripe, expansion, payment processor, payment processing, online banking, online payments