South African authorities warn about risks associated with EFT payments

News | Digital Identity, Security & Online Fraud | Published Friday 27 Nov 2020 09:25 CET

The South African Reserve Bank (SARB) has issued a warning to consumers to be aware of the risks associated with the use of instant electronic funds transfer (EFT) payment services offered at ecommerce stores.

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South African authorities warn about risks associated with EFT payments

News | Digital Identity, Security & Online Fraud | Published Friday 27 Nov 2020 09:25 CET

The South African Reserve Bank (SARB) has issued a warning to consumers to be aware of the risks associated with the use of instant electronic funds transfer (EFT) payment services offered at ecommerce stores.

read more

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Facebook's Libra to launch in January 2021: CoinDesk Report

News | Cryptocurrencies | 27 Nov 2020 09:06 CET

Facebook’s stablecoin, Libra might get off the ground as early as January 2021, albeit in a more limited format than the original multi-currency basket envisioned, according to CoinDesk.


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Merchants can now receive unlimited payments through Paytm Wallet at 0% fee

News | Ecommerce | 27 Nov 2020 08:56 CET
Paytm has announced that merchants can now receive unlimited payments through Paytm Wallet at 0% fee, along with UPI and RuPay cards.

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TruNarrative, kompany partner to provide anti-money laundering compliance for regulated businesses

News | Digital Identity, Security & Online Fraud | 27 Nov 2020 08:45 CET
Regtech platform TruNarrative has partnered with kompany to add its comprehensive business verification and digital onboarding solutions to the TruNarrative App Store.

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HSBC launches Open Payments service

News | Online Payments | 27 Nov 2020 08:40 CET

HSBC has launched HSBC Open Payments, enabling businesses to offer customers an alternative to debit or credit cards for online payments.


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Home Depot reaches USD 17.5 mln settlement of 2014 breach lawsuit

News | Digital Identity, Security & Online Fraud | 27 Nov 2020 07:47 CET
The Home Depot has reached a USD 17.5 million settlement of a multistate lawsuit stemming from a 2014 data breach that compromised the payment card data of 40 million customers.

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Mastercard to provide digital debit card for Citi Plex accounts on Google Pay

News | Cards | 26 Nov 2020 15:14 CET
Mastercard and Citigroup have announced their collaboration, with Mastercard acting as the network partner for the launch of the Citi Plex account on Google Pay.

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YES Bank, Worldline launch SMS Pay on POS terminals

News | Mobile Payments | 26 Nov 2020 15:11 CET
India-based YES Bank and Worldline have teamed up to launch the SMS Pay functionality on POS terminals, enabling merchants to accept contactless and remote payments from their customers.

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Flutterwave launches refund policy for online shoppers

News | Ecommerce | 26 Nov 2020 15:09 CET
US-based PSP Flutterwave has announced the launch of the Payment Protection Promise, a new refund policy to protect customers when shopping online on its payment platform. 

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PostBank, UnionPay International launch new payments card in Uganda

News | Cards | 26 Nov 2020 15:05 CET
PostBank Uganda and UnionPay International have announced the launch of the UnionPay PostCard, a new payments card that allows the bank’s customers to make transactions across the world.

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Mastercard, SumUp to launch payment service for Ford vehicles in Europe

News | Online Payments | 26 Nov 2020 15:02 CET
SumUp and Mastercard have teamed up to launch a new payment service customised for Ford commercial vehicles in Germany, Italy, France, Spain, and the UK.

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Nuvei, Unikrn partner to support transactions in 24 countries

News | Online Payments | 26 Nov 2020 14:59 CET
Canada-based PSP Nuvei has announced a partnership with Unikrn, a US-based esports betting company, to support transactions in 24 countries.

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Yoba Smart Money partners with Nets for its new SMEs payment solution

News | Online Payments | 26 Nov 2020 14:44 CET
Luxembourg-based technology company Yoba Smart Money has chosen Nets as its partner to offer a new payment and liquidity solution for SMEs.

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Stripe in talks for funding at USD 70 bln valuation or more

News | Payments General | 26 Nov 2020 14:16 CET
Stripe has initiated talks to raise a new funding round valuing it higher than its last private valuation of USD 36 billion.

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Northmill Bank, Tink partner for credit assessment

News | Online & Mobile Banking | 26 Nov 2020 14:10 CET
Sweden-based neobank Northmill Bank has partnered with open banking platform Tink to add another layer of intelligence to its credit assessments.
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Prime Bank, SimbaPay launch international money transfer service

News | Online & Mobile Banking | 26 Nov 2020 14:07 CET
Kenya-based private bank Prime Bank has partnered with UK-based SimbaPay to launch an international money transfer service.
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Fortumo connects 3Denmark to its direct carrier billing platform

News | Mobile Payments | 26 Nov 2020 14:05 CET

The mobile technology company Fortumo has announced the launch of the mobile operator 3Denmark on its direct carrier billing platform.


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UOB expands its Green Infrastructure Financing Framework

News | E-invoicing, SCF & E-procurement | 26 Nov 2020 14:05 CET
Singapore-based UOB has announced the expansion of its Green Infrastructure Financing Framework to provide sustainable financing to companies in the infrastructure sector.
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Intesa Sanpaolo, Kyriba to offer the Dynamic Discounting SCF solution

News | E-invoicing, SCF & E-procurement | 26 Nov 2020 14:02 CET
Italy-based Intesa Sanpaolo has partnered with Kyriba, a fintech offering supply chain finance solutions, to create the Dynamic Discounting service for global businesses.
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Sipay Plus, HPS expand partnership to combine their payment technologies

News | Online Payments | 26 Nov 2020 13:52 CET

The Sipay Plus payment gateway and HPS, a multinational provider of payment solutions, has announced the signing of a new partnership for the combination of their electronic payment technologies.


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