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Mega Bank launches NFC-based contactless payment system through its cards

Cards | 27 Nov 2020 15:02 CET | Nepal

Mega Bank Nepal has launched an NFC-based contactless payment system through its cards.

Klarna expands its buy-now-pay-later service to in-store shopping at all Australian retailers

Ecommerce | 27 Nov 2020 14:59 CET | Australia

Klarna has expanded its buy-now-pay-later service to in-store shopping at all Australian retailers....

Viber to launch chatbot payments feature in the Philippines

Mobile Payments | 27 Nov 2020 14:54 CET | Philippines

Viber has announced the launch of its Chatbot Payments feature in the Philippines, allowing users to make payments via the messaging app.

US Exim to support Boeing with SCF guarantee

E-invoicing, SCF & E-procurement | 27 Nov 2020 14:28 CET | United States

The Export-Import Bank of the United States (US Exim) has granted two authorisations in support of the aviation industry and its supply chain, according to

ECB believes bank profits won't recover before 2022

Payments General | 27 Nov 2020 14:22 CET | Europe

ECB has released its latest stability review, predicting that Europe-based banks will not see profits return to pre-pandemic levels before 2022, according to CNBC.

Current raises USD 131 mln in series C funding

Online & Mobile Banking | 27 Nov 2020 13:19 CET | United States

US-based challenger bank Current has announced it has raised USD 131 million in Series C funding, led by Tiger Global Management....

UOB Malaysia, Dropee launch financial package for retailers

Payments General | 27 Nov 2020 13:17 CET | Malaysia

UOB Malaysia has announced that it has partnered B2B ecommerce solution provider Dropee in a bid to help retailers and wholesalers digitalise their businesses....

NNIP, Channel Capital Advisors launch fund focused on trade finance

E-invoicing, SCF & E-procurement | 27 Nov 2020 13:12 CET | Europe

Netherlands-based NN Investment Partners (NNIP) has teamed up with Channel Capital Advisors to launch a new fund focused on the market of trade finance....

Zalando selects AWS as Its preferred cloud provider

Ecommerce | 27 Nov 2020 12:52 CET | World

 Zalando has selected Amazon Web Services (AWS) as its preferred cloud provider, running all of its machine learning workloads on the world’s leading cloud.

Uber, Bond Brand Loyalty partner to bring last-mile on-demand delivery ahead of holiday rush

Ecommerce | 27 Nov 2020 12:43 CET | Canada

Uber has introduced Uber Direct, a new and operationally efficient way for Canadian retailers to manage their delivery process, reach their customers, and deliver right to their doorstep.

Instapay, Onfido team up for secure onboarding

Digital Identity, Security & Online Fraud | 27 Nov 2020 12:41 CET | World

Digital payment platform Instapay has unveiled its partnership with global identity verification company Onfido, Citizens Journal reports.

WHP Global launches WHP+, a full service ecommerce platform for consumer brands

Ecommerce | 27 Nov 2020 12:30 CET | World

WHP Global has launched WHP+, a new direct to consumer digital ecommerce platform, with full ecommerce operations including technology, data science, analytics, and more.

OCBC pilots green financing framework for SMEs

E-invoicing, SCF & E-procurement | 27 Nov 2020 12:09 CET | Singapore

OCBC has launched a framework designed to make access to financing easier for small and medium enterprises (SMEs) that are involved in sustainable activities.

Quotevine partners with AccountScore in Open Banking initiative

Online & Mobile Banking | 27 Nov 2020 12:00 CET | United Kingdom

Cloud solutions provider Quotevine has joined forces with analytics firm AccountScore to develop a new product that will help lenders make better open banking decisions....

Carding Action operation prevents EUR 40 mln in losses due to payment card scam

Digital Identity, Security & Online Fraud | 27 Nov 2020 11:41 CET | Europe

Carding Action 2020 has prevented approximately EUR 40 million in losses due to payment card scam.


Central Bank of Iceland, SIA launch interbank payment system

Payments General | 27 Nov 2020 11:38 CET | Iceland

The Central Bank of Iceland (CBI) and SIA have gone live with the new real-time gross settlement system (RTGS) and the new instant payment platform.


South African authorities warn about risks associated with EFT payments

Digital Identity, Security & Online Fraud | 27 Nov 2020 09:25 CET | South Africa

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.


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

Cryptocurrencies | 27 Nov 2020 09:06 CET | World

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.


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

Ecommerce | 27 Nov 2020 08:56 CET | India

Paytm has announced that merchants can now receive unlimited payments through Paytm Wallet at 0% fee, along with UPI and RuPay cards.

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

Digital Identity, Security & Online Fraud | 27 Nov 2020 08:45 CET | World

Regtech platform TruNarrative has partnered with kompany to add its comprehensive business verification and digital onboarding solutions to the TruNarrative App Store.

HSBC launches Open Payments service

Online Payments | 27 Nov 2020 08:40 CET | United Kingdom

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


Home Depot reaches USD 17.5 mln settlement of 2014 breach lawsuit

Digital Identity, Security & Online Fraud | 27 Nov 2020 07:47 CET | United States

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.

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

Cards | 26 Nov 2020 15:14 CET | World

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.

YES Bank, Worldline launch SMS Pay on POS terminals

Mobile Payments | 26 Nov 2020 15:11 CET | India

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.

Flutterwave launches refund policy for online shoppers

Ecommerce | 26 Nov 2020 15:09 CET | Nigeria

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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