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Visa has partnered API infrastructure company M2P Fintech to help fintech and non-banking entities issue payment products through the Visa Ready to Launch (VRTL) programme.
Issuer, fintech, API, KYC, AML, digital onboarding
Visa has partnered with UAE-based NymCard to launch a plug-and-play end-to-end issuance platform as part of Visa’s Ready to Launch program.
fintech, partnership, product launch, AML, KYC
Mastercard has partnered with Maldives Transport and Contracting Company (MTCC) and Bank of Maldives (BML) to launch an open loop transit payment and digital ticketing system.
MasterCard, digital payments, public transportation, partnership, debit card, credit card
The UAE Ministry of Finance has launched the third phase of its Digital Procurement Platform to improve government spending efficiency and digitise the procurement process.
product launch, ecommerce, e-procurement, digitalisation, SMEs, merchants, retail, report, data aggregation, shopping, online shopping, fintech, spend management, ecommerce platform
Mike Woods, CEO at Konsentus, talks about how banks interact with TPPs via Open Banking and why there are some regulatory loopholes which come with risks to consumer data.
Open Banking, Open Finance, regulation, fintech, supply chain finance, risk management
Colombia-based Superintendence of Industry and Commerce has imposed precautionary measures on Visa and Mastercard, against the possible commission of restrictive practices of competition within the framework of the payment system in foreign trade.
regulation, card scheme, payments , trade finance, credit card
Martin Koderisch, Principal at Edgar, Dunn & Company: ‘An appropriate subscription billing software is critical to the effective management of a customer’s subscription life cycle.’
subscription commerce, subscription payments, COVID-19, direct to consumer, ecommerce, merchants, recurring payments
partnership, financial institutions, lending, digitalisation
The Paypers has interviewed Otávio Damaso, the Central Bank Brazil’s Regulation Director, to get his latest thinking on what’s driving the evolution of Open Banking in Brazil, the progress made so far, and what more should customers, banks, and fintechs expect
central bank, regulation, Open Banking, regulatory sandbox, Open Finance, data sharing
Digital procurement solutions provider Cloudia has been selected as the supplier of procurement services for the Finnish government procurement unit Hansel.
Cloudia, e-procurement, Finland, supplier, e-procurement, government procurement, Hansel, Public Procurement Act, tender, contracting entities
The Cyprus Council of Ministers has approved the bill on the harmonisation with the Directive 2014/55/ EU on mandating e-invoicing in the public sector.
Cyprus, e-invoicing, Directive 2014/55/ EU, mandatory e-invoicing, electronic invoice, European Union, public sector, Europe, European Parliament, e-invoicing regulation
The Institute of Technology Sligo has launched an online e-Invoicing course to train companies in time for the EU’s compliance deadline of April 2019.
The Massive Open Online Course, Connecting European Facility, Europe, EU e-invoicing compliance, EU, European Union, e-invoicing, The Institute of Technology Sligo, IT Sligo, course
The Swedish government has now published an updated draft law that involves even more extensive changes than previously announced.
einvocing, Sweden, compliance, public sector, law
The date on which Dutch government agencies and all other contracting entities are required to receive and process e-invoices has been delayed.
electronic invoicing, Dutch Procurement Act 2012, mandatory e-invoicing, delay
Oriol Bausà, B2BRouter : The PEPPOL project is a big success because it moves from a Large Scale Project to OpenPEPPOL AISBL
e-invoicing, roadmap, Oriol Bausà, B2BRouter, PEPPOL, association, OpenPEPPOL AISBL
The European Committee for Standardization’s (CEN) Technical Committee 434 agreed to endorse UBL and CII as the syntaxes complying with the forthcoming EN.
UBL, CII, e-invoicing, syntaxes, European Committee, Technical Committee 434, European standard, Directive 2014/55/EU, CEN
EESPA and OpenPEPPOL have issued a joint paper on the requirement to receive electronic invoices in the ‘listed syntaxes’ under Directive 2014/55/EU.
e-invoicing, EESPA, OpenPEPPOL, directive, electronic invoices
The SFTI board of directors has reached the decision of recommending the PEPPOL infrastructure for e-procurement.
SFTI, PEPPOL, infrastructure, e-procurement, electronic, procurement, messages, buyers, suppliers, Purchase Order, invoice, cross border trade