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National Bank of Oman (NBO) has announced a strategic collaboration with UnionPay, aiming to introduce contactless payments in the region.
payments , contactless payments, payment methods, partnership, merchant
Edward Ireland from Bottomline emphasises the importance of pre-validation, ISO 20022, case management, Swift GPI, and data accuracy for attaining end-to-end payment visibility, paving the path for streamlined global payments.
cross-border payments, banking, ISO 20022, payments
UAE-based RAKBANK and UnionPay International have announced their collaboration to drive contactless mobile payments in the UAE.
mobile payments, contactless payments, Google Pay, Apple Pay, merchants, POS
Italy's parliament has approved a measure in the 2023 budget that will impose a levy on payments firms and banks if they fail to agree lower fees on electronic transactions with shopkeepers.
regulation, central bank, transactions , payment methods
Xiaomi has discontinued its financial services in India approximately three years after rolling out payment and lending apps in the market.
lending, regulation, instalment payments, digital payments
Mark Sutton from Zanders and Edward Ireland from Bottomline Technologies run us through all we should expect from ISO 20022, including benefits and timelines
ISO 20022, Bottomline Technologies, financial institutions, corporates
Jonathan Bennett, CCO of DOCOMO Digital, explains how adoption of digital and mobile payments surged during the coronavirus pandemic leading to a wider payments landscape
DOCOMO Digital, digital payments, online payments, mobile payments, e-wallet
Arvato Financial Solutions, a Germany-based fintech, has teamed up with payment service provider Mi-Pay to facilitate the introduction of viacash as a payment method for outstanding payments in Switzerland.
partnership, cash, payment methods, mobile payments
KYC, digital onboarding, pandemic, banks, COVID-19
Xiaomi’s Mi Pay has announced a new feature that will allow phones without NFC to access its services.
Xiaomi, Mi Pay, UPI. QR payments
Australian neobanks 86 400, Up and Volt Bank have cut their interest rates by 0.25% following the decision taken by The Reserve Bank of Australia.
Australia, neobanks, 86 400, Up, Volt Bank have cut their interest rates by 0.25% following the decision taken by The Reserve Bank of Australia.
The migration to ISO 20022 is firmly on the horizon. In preparation, market participants must begin bolstering their infrastructure to accommodate the new standard, argues Deutsche Bank’s Christian Westerhaus
Deutsche Bank, Christian Westerhaus, cash management, corporate bank, ISO 20022, SWIFT, SWIFT FIN, cross-border payments, B2B payments, banking, corporate messaging, enterprise resource planning, ERP, treasury management system
Olivier Thirion de Briel, Solution Director FSI Markets at IAM Solutions, reveals how HID Global and Temenos help banks and financial institutions reduce fraud via secure identity management solutions
HID Global, Temenos, banking, fraud, Olivier Thirion de Briel, fintech, financial crime, authentication
US-based Mi Bank has announced its launch in Q1 2019, leveraging Fiserv tachnology, including DNA’s core banking system.
Fiserv, Mi Bank, US, North America, company launch, de novo bank, DNAs core banking system, core account processing, commercial lending, digital banking, remote deposit capture
EBANX has announced the expansion into Ecuador with the aim to integrate local payment methods for merchants in the country.
EBANX, payments , merchant, Ecuador, fintech, ecommerce
The Chinese online bank backed by smartphones and home appliances maker Xiaomi has plans to launch services soon, according to one of the ventures investors.
China, online bank, tech, venture, Investor, launch, smartphone, online banking
Xiaomi smartphone owners are now able to tap to pay at contactless terminals in stores. More than that, they can also tap to pay on public transportation in six big cities.
Xiaomi, China, tap to pay, contactless terminals, public transportation, NFC, UnionPay
Xiaomi has kicked off its footprint in the Chinese mobile payment industry with its NFC-based payments service Mi Pay.
China, Xiaomi, NFC, mobile payment, Mi Pay, contactless payments
Western Union, a payment services provider, has announced an agreement with Walmart de Mexico y Centroamérica to offer international money transfer services under the Western Union, Vigo and Orlandi ValutaSM brands throughout Mexico.
Western Union, Walmart, online sales, online payments, ePayments, stores, money transfers
Xiaomi has made it official that it will be entering the ever-growing mobile payments industry with a new service in China, together with the country’s national bank card association UnionPay.
Xiaomi, mobile payments, NFC, Quick Pass, China