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Vietnam reports surge in contactless payments usage

News | Mobile Payments | Published | Friday 19 Jun 2020 15:00 CET
Recent data has revealed that contactless payments usage has surged in Vietnam over the last few years. 
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Vietnam reports surge in contactless payments usage

News | Published Friday 19 Jun 2020 | 15:00 CET
Recent data has revealed that contactless payments usage has surged in Vietnam over the last few years. 
read more

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Postpay launches new products across partner retailers in the United Arab Emirates

News | Ecommerce | 19 Jun 2020 14:31 CET
United Arab Emirates-based ‘buy now, pay later’ company Postpay has launched three instalment options as part of its mission to facilitate payments in the Gulf Cooperation Council.
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Yes Bank raises 1 bln to boost capital

News | Payments General | 19 Jun 2020 14:14 CET
India-based Yes Bank has planned to raise at least USD 1 billion through a public offering of shares to boost its capital.
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The Financial Conduct Authority fines Commerzbank for money-laundering failings

News | Payments General | 19 Jun 2020 14:09 CET
The UK’s financial regulator has fined Commerzbank EUR 42 million for money-laundering failures, including an ‘out-of-control’ system for checking clients.
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The Monetary Authority of Singapore shortlists 14 applicants for digital bank licences

News | Online & Mobile Banking | 19 Jun 2020 14:06 CET
Singapore’s central bank has shortlisted 14 applicants for up to five digital bank licences on offer in the city.
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UK Finance and Accenture release report, proposing next steps for open banking

News | Online & Mobile Banking | 19 Jun 2020 13:38 CET
UK Finance, in association with Accenture, has set a future model for how the UK’s Open Banking can progress once the current implementation phase ends early 2021.
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Mastercard research shows surge in digital payments as ecommerce expands around the world

News | Ecommerce | 19 Jun 2020 12:35 CET
Mastercard has unveiled data that shows how consumers are adopting new payment habits due to COVID-19.
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Worldpay from FIS enables instant payments from the bank account through Open Banking Hub

News | Online Payments | 19 Jun 2020 11:56 CET
FIS, a global provider of merchant and financial services technology, has announced Open Banking Hub, a new payment solution for its Worldpay merchant clients and their consumers. 
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Boku acquires Estonia-based mobile payments company Fortumo

News | Mobile Payments | 19 Jun 2020 11:43 CET
US-based mobile payment company Boku has acquired Estonia-based direct carrier billing service provider Fortumo for a maximum consideration of USD 45 million.
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Chipotle launches chatbot for Facebook users, new app in Canada

News | Ecommerce | 19 Jun 2020 11:12 CET
US-based fast casual restaurants chain Chipotle has rolled out a series of new features to its digital platform, including an app in Canada.
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Forever 21 rolls out ecommerce site in the UK

News | Ecommerce | 19 Jun 2020 10:38 CET
US-based fashion retailer Forever 21 has launched an online store in the UK, as it continues to expand its global ecommerce business. 
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Zwipe, Watchdata join forces for to biometric payment cards and wearables

News | Cards | 19 Jun 2020 10:38 CET
Zwipe has teamed up with smartcard manufacturer Watchdata Technologies to develop and launch contactless biometric payment cards and wearables for banks in multiple regions. 
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Payfone gets USD 100 mln investment fund led by Apax Digital

News | Digital Identity, Security & Online Fraud | 19 Jun 2020 10:37 CET
Payfone has raised USD 100 million to acquire strategic assets, strengthen its ML capabilities, and build a cross-industry consortium to secure digital transactions and experiences. 
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Temenos MarketPlace joined by Ipsidy

News | Digital Identity, Security & Online Fraud | 19 Jun 2020 10:34 CET
Ipsidy, a provider of secure, mobile biometric identity solutions, including Identity as a Service (IDaaS), has joined the Temenos MarketPlace. 
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Splitit and Mastercard team up for instalment solution

News | Online Payments | 19 Jun 2020 10:30 CET
Payment solutions provider Splitit has signed a multi-year agreement Mastercard to accelerate the adoption of Splitit’s instalment solution around the world. 
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Thai central bank investigates building central bank digital currency for payments

News | Cryptocurrencies | 19 Jun 2020 09:37 CET
Thailand’s central bank has unveiled plans to build a prototype of a payment system for businesses using central bank digital currency (CBDC).
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UK consumers confirm shift towards digital identity during lockdown likely to be permanent

News | Digital Identity, Security & Online Fraud | 19 Jun 2020 09:34 CET
Results from Nomidio’s State of Identity 2020 Analysis have revealed that 84% of respondents increased their use of digital services because of social distancing measures.
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Tinkoff Bank rolls out Smart Engines technologies to enable QR-based payments

News | Payments General | 19 Jun 2020 09:27 CET
Digital bank Tinkoff has expanded its cooperation with software company Smart Engines to introduce technology for recognition of QR codes.
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Surecomp rolls out Fastrade for digital trade finance customer engagement

News | E-invoicing, SCF & E-procurement | 19 Jun 2020 09:19 CET
Surecomp, a global trade finance and treasury solutions provider for banks and corporations, has launched a front-office solution Fastrade, designed specifically for (SMEs).
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Ripple, Flutterwave, Mercy Corps, GoPay launch PayID, the universal ID for payments

News | Payments General | 19 Jun 2020 09:16 CET
Technology, finance, and nonprofit companies have joined forces to announce the launch of PayID, a universal payment ID.
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