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We sat down with Tracy Kobeda Brown, VP of Programs and Technology with the MRC, to learn more about the insights and implications of the 2024 survey – and how payments and fraud leaders can be prepared to meet the challenges and opportunities that lie ahead.
ecommerce, ecommerce platform, online payments, payments , BNPL, local payment method, fraud detection, online fraud, fraud prevention, identity fraud, payment fraud, account takeover, phishing, bot attacks, artificial intelligence, generative AI, machine learning, refund, refund fraud
Airwallex has launched the Airwallex Borderless Visa Card in Canada, providing Canadian businesses with a virtual card issued by Peoples Trust Company.
cross-border payments, credit card, debit card, fintech, virtual card
Union Pay International (UPI) has recently announced a partnership with First Parking in Australia to launch a frictionless parking payment service which aims to make life easier for locals and foreign drivers.
partnership, debit card, credit card, mobile payments, contactless payments, online payments, digitalisation, ATM, member card
National Australia Bank (NAB) has introduced a digital wallet-enabled virtual corporate card in Australia in a bid to advance the country’s banking sector.
product launch, virtual card, digital wallet, banks
Australia-based regtech and onboarding provider LAB Group has successfully completed a USD 4.09 million private investment round led by Global Credit Investments.
regtech, compliance, regulation, investment, AML, KYC
Global payments and financial platform for businesses Airwallex has partnered with developer-first API brokerage platform Alpaca to support its payments and foreign exchange (FX) needs.
partnership, fintech, paytech, FX , embedded finance, stocks, crypto, trading platform, API, financial services
Tracy Brown, VP of Programs and Technology, MRC: ‘We see phishing being reported as a top attack, followed by first-party misuse, card testing, and identity theft depending on the region.’
MRC, fraud management, fraud prevention, ecommerce, online payments, first-party misuse, friendly fraud, identity theft, merchants, payments orchestration
Pranav Sood, GM, EMEA, Airwallex, explains why financial technology is key to supporting businesses of all sizes in achieving their global goals.
cross-border payments, ecommerce, fintech, FX , merchants, BaaS
The National Australia Bank (NAB) has become the second Australian bank to create a stablecoin by launching AUDN on the Ethereum and Algorand blockchain.
cryptocurrency, stablecoin, banks, blockchain
Identity tech company IDEMIA has announced that the Australian Department of Home Affairs has installed its technology for border control in eight international airports.
biometrics, identity verification, identity fraud, digital identity, fraud prevention
Pranav Sood is GM, EMEA at Airwallex, talks about the main challenges when moving money globally and explains which are the trends that will determine a change in this space.
online payments, cross-border payments, fintech, BaaS, API
Australia-based fintech Airwallex has partnered with Plaid to offer an integrated solution that streamlines ACH payments and augments authorisation of debits from bank accounts.
Airwallex, ACH, Plaid , mobile payments, digital wallet
UK-based food delivery company Deliveroo has announced the end of its operations in Australia.
ecommerce, delivery, gig economy, freelance economy
Australia-based digital bank Up has launched Maybuy for young Australians concerned about BNPL, automating instalment payments before purchasing an item.
BNPL, survey, product launch, neobanks, Gen Z
Global fintech Airwallex has launched its Airwallex Borderless Card and integrated expense management solution in Singapore.
Airwallex, fintech, virtual card, corporate card
Australia-based fintech Lumi has secured another AUD 10 million in capital funding from existing investors Arbel Fund and Perennial Partners.
funding, SME lending, investment, financial services
Australia-based payments platform dedicated to the food sector, Mr Yum, has received GBP 48 million via a Series A round of funding led by Tiger Global.
expansion, product launch, funding, crowdfunding, QR code, QR payments, ecommerce
Hong Kong-based cross-border fintech Airwallex has announced launching an early-stage venture capital fund dubbed Capital 49.
Venture Capital, Airwallex, cross-border payments, online payments
‘Our goal is that all of our clients are in a position to build better digital experiences for their consumers’, Terry Angelos, Senior Vice President and Global Head of Fintech at Visa
regtech, funding, investment, Quantexa, ComplyAdvantage, Fenergo, AML, AMLD6, financial crime, artificial intelligence, data analytics
banks, COVID-19, expansion