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UK-based Finastra has rolled out its Solution Store, an online platform that offers customers retail lending solutions.
lending, marketplace, product launch, customer experience
Xoom, PayPal's cross-border money transfer service, now allows US users to fund transfers abroad using USD converted from the PayPal USD (PYUSD) stablecoin.
cross-border payments, stablecoin, transactions , funding
US-based Chime has announced the launch of its Chime Deals solution, in order to offer merchants and traders cashback on everyday purchases.
product launch, partnership, payments , cashback, online payments, mobile payments, digital payments, ecommerce
Crypto exchange KuCoin has partnered with neobank Revolut to introduce a new payment method for purchasing digital assets using euros.
cryptocurrency exchange, crypto, digital assets, partnership, payment methods
Mark Beresford, Director at Edgar, Dunn & Company (EDC), discusses the changes in the payments industry resulted from the adoption of the DMA in Europe, exploring the main benefits for both consumers and merchants.
European Commission, European Payments Council, regulation, payments , payment gateway, compliance, loyalty programme, transactions , merchant, NFC, credit card, debit card, e-wallet, mobile payments, mobile money, marketplace, online payments, contactless payments, digital payments, PCI compliance, PCI DSS, EMVCo
In the latest update from INNOPAY's Open Banking Monitor, European dominance, surging payment APIs, and a US comeback steal the spotlight, promising fresh insights and solutions for the industry.
API, Open Banking, Open Finance, financial institutions, digital payments
Ecommerce's evolution fuels rising fraud costs for merchants; Glenn Cobb from PayPal emphasizes the crucial balance between friction and fraud mitigation through industry collaboration and advanced solutions.
ecommerce, fraud management, online fraud, risk management
Germany-based IDnow has announced its artificial intelligence-based solution IDCheck.io was approved by the German Commission for the Protection of Minors in the Media (KJM).
certification, identity verification, online security, digital identity, age verification
CaixaBank has partnered with ONCE to launch a new tool that enables visually impaired users to pay with optimised security at establishments with touch POS terminals.
partnership, product launch, payments , financial inclusion, online payments, mobile payments, digital payments, ecommerce
Peter Theunis from BPC explores the significance of APIs in Open Banking and Open Finance, highlighting how diverse API standards across markets can create obstacles to the universal adoption of Open Banking services.
Open Banking, Open Finance, API, API standardisation, report
The Paypers discussed with top influencers within the financial industry to discover the trends of Open Banking and Open Finance for 2023 and 2024.
Open Banking, Open Finance, report
Zilvinas Bareisis: At Celent, we define Embedded Finance as the discovery and acquisition of tailored financial services products at the point of need within the digital experience curated by a non-bank third party.
embedded finance, digital wallet, embedded payments, digital payments
UK-based communications services company BT has launched Network-as-a-Service solution Global Fabric to connect multiple clouds businesses have and boost productivity.
cloud, cloud services, SaaS, digitalisation, green finance, data aggregation
Apple Wallet’s new integration has enabled it to show the card’s details and transaction history for Discover US credit card customers.
digital wallet, credit card, mobile payments, API, Open Banking
Finland-based HMD Global has updated its Nokia 2660 flip phones to support UPI Scan and Pay in a bid to make digital transactions easier and more secure.
mobile payments, product upgrade, UPI, mobile banking
The Apple Wallet has extended support for PayPal as well as Venmo credit and debit cards.
product upgrade, digital wallet, mobile payments, online payments, payments , digitalisation, paytech, fintech, digital payments
US-based digital transformation company Genpact has expanded its collaboration with Amazon Web Services (AWS) to augment financial crime risk operations with AI and LLM.
artificial intelligence, financial crime, LLM, API, fraud detection, data analytics
India-based payments and API banking solutions company Cashfree Payments has launched its UPI Plug-in service for mobile-first businesses.
product launch, partnership, mobile payments, online payments, digital payments, payments , ecommerce
Olegs Cernisevs, CTO of Blackcatcard, explains some key problems within the banking sector and how neobanking is actively addressing them.
neobanks, EMI licence, credit card, cryptocurrency, payment gateway, banking, AML, KYC
Financial infrastructure platform Stripe has published a report that shows nearly half of Australian businesses plan to invest in digital payments in the next 12 months.
digital payments, payments , mobile payments, research, NFC, QR payments