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TerraPay obtains money services business licence to enable remittances from Canada

Payments General | 27 Oct 2020 09:47 CET | Netherlands

Netherlands-based global payments infrastructure company TerraPay has secured its MSB registration from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), reports Electronic Payments International.
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Berlin Group starts new openFinance API Framework

Payments General | 27 Oct 2020 09:29 CET | Europe

The Berlin Group has announced that they will start to work on a full openFinance API (Application Programming Interface) Framework. 

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BisB announces strategic partnership with CBB Digital Lab FinHub 973

Online & Mobile Banking | 27 Oct 2020 08:38 CET | Bahrain

The Bahrain Islamic Bank (BisB) has announced its strategic partnership with FinHub 973: CBB (Central Bank of Bahrain) Digital Lab, the kingdom’s latest open application programming interface (API) innovation platform. 
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Lunar reportedly raises EUR 40 mln through Series C funding round

Online & Mobile Banking | 27 Oct 2020 08:30 CET | Denmark

Nordic challenger bank Lunar has reportedly secured EUR 40 million through its Series C funding round. 
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Socure unveils identity fraud solution Sigma Synthetic Fraud

Digital Identity, Security & Online Fraud | 27 Oct 2020 08:29 CET | World

Socure has announced the launch of Sigma Synthetic Fraud, its latest addition to the Socure ID+ platform to address the problem of synthetic identity fraud.


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Gala Tent launches open banking solution for payments with Gala Technology and Nuapay

Payments General | 27 Oct 2020 08:03 CET | United Kingdom

UK-based manufacturer and supplier of commercial marquees and gazebos, Gala Tent, has announced the launch of an open banking application programme interface (API) for payments. 
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The Bureau issues ANPR requesting information related to consumer access to financial records

Online & Mobile Banking | 27 Oct 2020 07:52 CET | United States

The Consumer Financial Protection Bureau (Bureau) has issued an advance notice of proposed rulemaking (ANPR) requesting information related to consumer access to financial records.
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F5 introduces AI-powered solution for fraud prevention

Digital Identity, Security & Online Fraud | 26 Oct 2020 15:30 CET | World

US-based technology company F5 has introduced the Shape AI Fraud Engine (SAFE), an SaaS solution for stopping online transactions fraud....

eBay launches 'recommerce' marketplace

Ecommerce | 26 Oct 2020 15:29 CET | United States

eBay.com has launched a dedicated eBay recommerce marketplace for brands to sell refurbished goods....

Google, Temasek to invest USD 350 mln in Tokopedia

Ecommerce | 26 Oct 2020 15:25 CET | Indonesia

Google and Singapore-based state investment firm Temasek Holdings have agreed to invest USD 350 million in Tokopedia, an Indonesia-based ecommerce company.
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Ivalua, Consus partner to help Jollibee Foods Corporation' procurement needs

E-invoicing, SCF & E-procurement | 26 Oct 2020 15:23 CET | Philippines

Spend management cloud provider Ivalua supply chain solutions provider and Consus have announced that JFC has deployed Ivalua's procurement platform.
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Riyad Bank, JCBI work towards financial inclusion

Payments General | 26 Oct 2020 14:54 CET | Saudi Arabia

Saudi Arabia-based Riyad Bank has partnered with JCB International to enable the acceptance of JCB Cards at POS, online, and ATMs throughout the Kingdom of Saudi Arabia....

The Qatar Islamic Bank adds new mobile features

Online & Mobile Banking | 26 Oct 2020 14:47 CET | Qatar

The Qatar Islamic Bank (QIB) has announced the introduction of new features to its mobile app, providing a way for customers to update all their information through the app....

First Horizon Bank launches NCR D3 digital banking platform

Online & Mobile Banking | 26 Oct 2020 14:43 CET | United States

US-based First Horizon Bank, formerly First Tennessee Bank, has launched the NCR D3 platform to provide its consumers and businesses with a digital banking experience....

PayPal, Epik terminate partnership

Cryptocurrencies | 26 Oct 2020 14:39 CET | United States

PayPal has cut ties with US-based Epik over financial risk issues and problems reportedly associated with Epik's digital coin services....

Austria-based Bitpanda, Raiffeisen to introduce banking blockchain tech

Online & Mobile Banking | 26 Oct 2020 14:16 CET | Austria

Fintech and digital trading platform Bitpanda has partnered with Raiffeisen to introduce blockchain interoperability in banking, according to FinTech Magazine.
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PayPal users to spend USD 50 bln by 2022 with crypto payments, Reuters

Cryptocurrencies | 26 Oct 2020 14:06 CET | United States

PayPal has received a conditional Bitlicense by the New York State Department of Financial Services (NYDFS) to launch a new service, according to Reuters.
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The Kyriba Working Capital solution integrated into the MVC value chain platform

E-invoicing, SCF & E-procurement | 26 Oct 2020 14:05 CET | Bahrain

MVC, provider of supply chain track-and-trace platforms for pharmaceuticals, has announced that its parent company, AVC Global, a US corporation, has signed a strategic technology partnership with Kyriba Corporation.
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TrueLayer to expand business operations into Australian markets

Online & Mobile Banking | 26 Oct 2020 13:51 CET | Australia

TrueLayer, a computer software firm that enables companies to capitalise on new Open Banking initiatives in the UK, has announced that it will be expanding its operations into Australian markets.
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Chargebacks911 provides expert mitigation advice to merchants amidst COVID-19 chargebacks

Digital Identity, Security & Online Fraud | 26 Oct 2020 07:51 CET | World

Chargebacks911 has launched their ebook '50 Insider Tips for Preventing Chargebacks', which provides merchants with actionable steps to prevent chargebacks filed against their businesses.

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Mastercard, Atlantis to expand digital banking programme in India

Online & Mobile Banking | 23 Oct 2020 15:30 CET | India

Mastercard has announced its partnership with Atlantis, a Singapore-based fintech company, to provide users in India with a streamlined digital banking experience....

WhatsApp Business to launch in-app shopping button in India

Ecommerce | 23 Oct 2020 15:19 CET | India

WhatsApp has launched a shopping button that allows customers worldwide to browse merchants’ catalogues, and the feature will soon be available for Indian users as well....

Kenyans can now use mobile payments for gambling

Mobile Payments | 23 Oct 2020 15:19 CET | Kenya

The Kenya National Assembly’s Sports, Culture and Tourism Committee has announced that mobile payments can now be accepted by gaming operators....

PayMaya introduces all-in-one digital payments device

Online Payments | 23 Oct 2020 15:17 CET | Philippines

Philippines-based mobile payments platform PayMaya has introduced PayMaya One Lite, a pocket-sized device capable of accepting all types of digital payments, including cards, e-wallets, and QR....

GoTab platform expands contactless technology beyond hospitality industry

Ecommerce | 23 Oct 2020 15:13 CET | United States

US-based cloud-based ecommerce platform GoTab has announced it is expanding into grocery stores, gas stations, event spaces, retail outlets and more....

 

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