Articles with tag: abs

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ARO, Fiserv partner for card management and processing in Africa

04 Aug 2020 | Cards

Payments fintech Fiserv has announced a partnership with Absa Regional Operations (ARO) to support credit card management and processing in nine African nations. 

Absa ARO, Fiserv, card management, card processing, Africa, Absa Regional Operations, card platform, Barclays, Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, Tanzania, Uganda, Zambia, FirstVission, processing, risk management, loyalty programme, card issuing, API, application development

CDC adds 75 mln to its trade finance deal with Absa

31 Jul 2020 | E-invoicing, SCF & E-procurement

CDC, a UK-based development finance institution, has announced an additional USD 75 million commitment to its existing trade finance facility with Absa Bank.

CDC, Absa, UK, BANKS, Africa, trade finance, supply chains, SCF, COVID-19, coronavirus, pandemic, partnership, International Chamber of Commerce

TSB, ApTap roll out bill management pilot

10 Jul 2020 | E-invoicing, SCF & E-procurement

ApTap has launched a pilot with TSB for its bill management service as the bank looks to provide more solutions for customers to help them manage their money.

TSB, ApTap, bill management, bank, UK, United Kingdom, fintech, fintech accelerator program, TSB Labs, proof of concept, bills, subscription, banking, retail bank, commercial bank, Banco Sabadell

The final revisions to the Volcker Rule are completed

30 Jun 2020 | E-invoicing, SCF & E-procurement

Five federal financial regulatory agencies have published the Final Revisions to the Volcker Rule which revise certain aspects of the Volcker Rule. 

Volcker Rule Revision, banks, financial regulatory, Final Revisions, Treasury Report, NPR, banking, LSE, loan, ABS, transactions, ownership interest

ING Belgium to launch new digital banking service

30 Jun 2020 | Online & Mobile Banking

ING Belgium has partnered Minna Technologies fintech to launch a digital banking service for allowing the former’s customers to manage subscription services without exiting the bank’s digital channel. 

Minna Technologies, ING, Belgium, partnership, digital banking, banking, digital, banks, ING Labs Brussels, Proof of Concept, POC, Benelux, fintech

Slice raises USD 6 mln to offer the young India-based consumers digital payments

25 Jun 2020 | Cards

Slice has announced it had raised USD 6 million in a pre-Series B financing round to expand its reach and offering to young India-based consumers. 

Slice, digital payments, Series B financing round, India, Gunosy, EMVC, Kunal Shah, Better Capital, Das Capital, Blume Ventures, Traxcn Labs, Finup, credit card, debit cards, credit score, young demographic, prepaid card

BharatPe launches POS solution with no charges for merchants

24 Jun 2020 | Mobile Payments

India-based QR code payments company BharatPe has rolled out a POS solution without charges for merchants.

BharatPe, QR code, launch, mobile payments, POS, point of sale, India, incumbents, Pine Labs, Mswipe, Innoviti, Jio, PhonePe, Paytm, Bharat Swipe, merchants, marquee investors, Ribbit Capital, Insight Partners, Sequoia Capital, Steadview. Mswipe

Brex secures USD 150 mln in Series C extension

20 May 2020 | Payments General

US-based fintech Brex has raised USD 150 million in a Series C extension from a group of existing investors, including DST Global and Lone Pine Capital.

Brex, US, fintech, DST Global, Lone Pine Capital, credit cards, startups, Neji, Compose Labs, Landria, ecommerce, Brex Cash

Perk Labs unveils contact free payment method, enters new verticals

08 May 2020 | Mobile Payments

Perk Labs has formally launched new verticals and unveiled the design of its new contact free payment method for safe-distance payments.

Perk Labs, payment stand, QR payment, Perk Hero, merchants, QSR

Wise secures USD 5.7 million in seed round

30 Apr 2020 | Online & Mobile Banking

Wise, a US-based challenger bank built for small businesses, has closed a USD 5.7 million seed round led by Base10 Partners.

Wise, challenger bank, SMBs, Base10 Partners, Abstract Ventures, Backend Capital, The Fund, Two Culture Capital, startup, financial services, payroll, Shopify, onboarding, FDIC, BBVA USA, payments, Stripe

Arkose Labs finds 20% increase in online fraud, change in consumer behaviour during COVID-19

29 Apr 2020 | Digital Identity, Security & Online Fraud

Arkose Labs has revealed data showing the impact of the COVID-19 crisis on online fraud. 

Arkose Labs, fraud, digital behaviour, COVID-19, corona virus, cyberattacks, attacks, online fraud, fraudsters, accounts, retail, travel

Shopify Plus selects Absolute Web as strategic partner

17 Apr 2020 | Ecommerce

Shopify Plus has selected Absolute Web, an ecommerce and digital marketing agency, as a strategic partner.

Shopify, ecommerce, merchants, Absolute Web

EFG Hermes, Paytabs partner for new electronic payments services in Egypt

15 Apr 2020 | Online Payments

Egypt-based bank EFG Hermes and online payment service Paytabs have signed a partnership to launch a new platform providing electronic and digital payment services.

EFG Hermes, Paytabs, Egypt, onlyne payments, digital payments, electronic payments, MENA, bank, payments service provider

Pelican, Banking Labs bring AI-based payments and compliance solutions to the Canadian market

01 Apr 2020 | Payments General

Pelican, a provider of payments and financial crime compliance solutions for banks and corporates, has signed a partnership agreement with Banking Labs in Canada. 

Pelican, Banking Labs, payments, compliance, Canada, artificial intelligence

Arkose Labs Raises USD 22 mln for anti-fraud platform development

25 Mar 2020 | Digital Identity, Security & Online Fraud

Online fraud and abuse prevention startup Arkose Labs has raised USD 22 million in a Series B financing led by Microsoft’s venture fund, M12.

Arkose Labs, anti-fraud platform, revenue, financing, fraud, bad actors, account takeover, abuse, scraping, card fraud

Perk Labs signs agreement with Alipay

09 Mar 2020 | Online Payments

Perk Labs or the ‘Company’, the parent company of Perk Hero, has announce that Perk Hero signed an agreement with Alipay.

Perk Labs, Alipay, partnership, mobile ordering, payments, loyalty platform, QR codes, merchants

A zero-tolerance approach to downstream fraud from 2019 data breaches

28 Feb 2020 | Digital Identity, Security & Online Fraud

Kevin Gosschalk, Arkose Labs, believes that 'if there is one thing we can attribute to the hackers of 2019, it is the end of any pretense that personal information is secure online'

Kevin Gosschalk, Arkose Labs, bots attacks, digital commerce, fraudsters, transactions, account takeover, spoofing, credential theft, cybercrime, financial incentive, cybercriminals, authentication, identity verification

Lightning Labs raises USD 10 million to be the 'Visa' of Bitcoin

06 Feb 2020 | Cryptocurrencies

Lightning Labs has raised USD 10 million in Series A financing as it prepares to launch its first paid service for merchants looking to accept Bitcoin payments.

Lightning Labs, Bitcoin, cryptocurrency, merchants, Bitcoin payments, payment channels

Pine Labs announces investment from Mastercard

28 Jan 2020 | Ecommerce

Pine Labs, an Asia-based merchant commerce platform, has announced an investment by Mastercard that underscores confidence in India’s growing economy.

Pine Labs, Asia, merchant, commerce platform, investment, Mastercard, India

BBVA selects Nok Nok Labs for biometric authentication on its mobile banking services

14 Jan 2020 | Digital Identity, Security & Online Fraud

BBVA has partnered with Nok Nok Labs to boost the security and user experience of its mobile banking services through biometric capabilities.

BBVA, Nok Nok Labs, partnership, authentication, biometrics, security, user experience, mobile banking, SCA