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Lithuania-based fintech Paysera has integrated Apple Pay into its payment solution, augmenting payment acceptance for merchants.
payment methods, fintech, ecommerce, mobile payments, biometrics
US-based customer engagement, billing, and payments company Everyware has announced the launch of its Identity Verification Solutions suite aimed at mitigating payment fraud.
identity verification, fraud management, identity fraud, payments , online payments, online fraud, digital verification
Travel technology company Amadeus has completed the acquisition of provider of biometric solutions Vision-Box.
travel payments, acquisition, biometrics, merger
As businesses undergo digital transformation, the need for robust KYB processes has never been more stringent. Understanding and verifying the identity of businesses is not just a regulatory requirement but a strategic imperative.
KYB, KYC, digital onboarding, fraud prevention, AML, merchants, UBOs, data privacy
Bangladesh-based Mutual Trust Bank (MTB) has announced its plans to launch biometric payment cards based on IDEX Pay, IDEX Biometrics’ solution.
biometrics, biometric authentication, credit card, debit card, product launch, payments
Samsung Pay, a South Korea-based payment service, has announced its decision to stop working with Russia’s national Mir payment cards starting April 3 2024.
regulation, payments , online payments, mobile payments, digital payments, ecommerce
Portugal’s data regulator CNPD has ordered Worldcoin to stop collecting biometric data for 90 days, as the company raised privacy concerns in multiple countries.
compliance, regulation, data, data breaches, data privacy, fraud management, fraud detection, identity fraud
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
Alisdair Faulkner, CEO at Darwinium, discusses the change in the threat landscape and what payments professionals need to know to efficiently fight fraud.
fraud management, fraud detection, online fraud, identity fraud, cybercrime, cybersecurity, behavioural biometrics, biometrics, biometric authentication, deep fake, artificial intelligence, transactions , transaction fraud, generative AI, APP fraud
US-based Darwinium has added behavioural Identification to its security and fraud prevention solution with digital signature for devices and behavioural biometric.
biometrics, identity verification, behavioural biometrics, fraud prevention, data privacy
India-based cybersecurity company Ensurity has integrated biometric technologies from Fingerprint Cards (Fingerprints) for its new FIDO2 biometric security key.
biometrics, multi-factor authentication, partnership, FIDO, passkeys
Sveriges Riksbank has advocated for a series of measures aimed at improving the safety, efficiency and accessibility of the Swedish payment system.
payments , central bank, digitalisation, digital payments
Open Identity Exchange (OIX) and Daon have released a new UK based research in cross channel identity and biometric solutions.
digital identity, online security, research, biometrics, partnership
Fingerprints has announced its partnership with Thales and Garanti BBVA in order to launch a biometric payment card for customers in the region of Türkiye.
partnership, product launch, biometrics, biometric authentication, fraud management, fraud detection, identity verification, digital identity
Netherlands-based risk management company Wolters Kluwer has announced the launch of an Anti-Money Laundering (AML) module within CCH iFirm in the UK.
product launch, AML, money laundering, KYC, cloud services
We interviewed Roger Burkhardt, a member of the Netcetera’s management team within Payments & Identity division, about the current ecommerce and fraud trends and the modern solutions that secure the digital payments, while enabling focus on the core business and sustainability.
ecommerce, digital payments, online payments, ecommerce platform, fraud prevention, fraud detection, online fraud, digital identity, artificial intelligence, machine learning, biometrics, biometric authentication, behavioural biometrics, SCA, EMVCo, PSD2, PSD3, 3-D Secure, fintech, generative AI, tokenization, one-click payments, deep fake, phishing, Gen Z
IDEX Biometrics has partnered with Accomplish Financial to introduce a new biometric programme designed for visually and memory impaired users.
partnership, payments , biometrics, financial inclusion
iDenfy has announced its partnership with Poland-based RichSubs to integrate its biometric verification solutions and protect social media customers.
partnership, identity verification, identity fraud, identity theft, fraud management, fraud detection, fraud prevention, online security
UK-based API-first bank Griffin has launched Foundations, a programme for UK companies to integrate financial products with BaaS solutions.
BaaS, embedded finance, API, banks, financial services
IDEMIA Public Security, a division of IDEMIA Group, has been recognised as a Microsoft Entra Verified ID partner for remote onboarding.
identity verification, digital onboarding, biometrics, partnership, fraud prevention