Articles with tag: coronavirus

Found 293 results in 187 milliseconds.

IFC and UBA to train Ugandan SMEs to face pandemic crisis

11 Aug 2020 | E-invoicing, SCF & E-procurement

IFC, a member of the World Bank Group, and the Uganda Bankers Association (UBA) has partnered to train financial institutions and SMEs regarding the COVID-19 crisis.

IFC, UBA, Uganda, financial, banks, SMEs, COVID-19, coronavirus, pandemic, World Bank Group, Uganda Bankers Association, UBA, partnership, digital

Credit Suisse seeks partnership with insurers

10 Aug 2020 | Payments General

Switzerland-based Credit Suisse has announced plans to expand cooperation with insurers, according to chairman.

Credit Suisse, Switzerland, insurers, cooperation, partnership, insurance, credit cards, events, retail clients, coronavirus, state backed loans, quick liquidity, banking services, retail business, Ping An, China

Axis Bank partners with Innoviti

07 Aug 2020 | Payments General

India-based Axis Bank has partnered Innoviti to provide options of the bank’s debit cards through Innoviti POS terminals.

Axis Bank, banks, Innoviti, partnership, COVID-19, coronavirus, debit cards, cards, EMI, POS, India, credit, PIN, merchants, payments, billing

PPRO announces 85% in transaction volume

05 Aug 2020 | Online Payments

PPRO, a payments platform-as-a-service, has reported an 85% increase in transaction volume from 2019, highlighting the opportunities for cross-border ecommerce amidst the pandemic.

PPRO, pandemic, COVID-19, coronavirus, Sprints, Citi, payments, platform-as-a-service, transaction, cross-border ecommerce, ecommerce, HPE Growth, Financial Technology Partners, Noerr, Germany, Singapore, Brazil

Forex trading increased by 300% during the pandemic

05 Aug 2020 | Payments General

The FX trading have seen an increase by approximately 300% during the COVID-19 pandemic.

Forex, trading, COVID-19, coronavirus, pandemic, Africa, Eastern Europe, Southeast Asia, brokers

'Apple Card Customer Assistance Program' gets extended through August 2020

03 Aug 2020 | Cards

Apple has extended its ‘Apple Card COVID-19 Customer Assistance Program’ by a month, enabling cardholders who apply for aid to defer their August payments without incurring interest charges.

Apple, Apple Card COVID-19 Customer Assistance Program, cardholders, interest charges, Wallet app, Apple Card, Apple ID, coronavirus

ToolCASE, Corelation partner to work in real-time fraud prevention

03 Aug 2020 | Digital Identity, Security & Online Fraud

Technology company ToolCASE has partnered with software company Corelation to provide credit unions with real-time fraud prevention.

ToolCASE, Corelation, US, credit unions, real-time fraud prevention, Informant Risk Solution, Keystone Core platform, real-time analytics, AI, fraudulent activities, coronavirus, touchpoints, RembrandtAI, fraud,

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

Monzo's annual losses double due to the pandemic

31 Jul 2020 | Online & Mobile Banking

UK-based digital bank Monzo has announced its annual losses more than doubled and warned its ability to continue operating had become more uncertain due to the pandemic.

Monzo, UK, digital bank, digital, banks, pandemic, coronavirus, COVID-19, startup, US, challenger bank, cards, Monzo Plus

Digitalisation of SMBs could add USD 3.1 trillion to Asia Pacific's GDP

28 Jul 2020 | Payments General

The 2020 Asia Pacific SMB Digital Maturity Study has shown that the digitalisation of SMBs in Asia Pacific could add USD 2.6 to 3.1 trillion to the region’s GDP by 2024.

digitalisation, SMBs, Asia Pacific, economic, 2020 Asia Pacific SMB Digital Maturity Study, digital, IDC, Cisco, COVID-19, coronavirus, pandemic, technology, cloud, IT, software, Digital Observers, Singapore, Japan, New Zealand, China Taiwan, Thailand, Korea, Hong Kong, Malaysia

Ecommerce in the US during the Covid-19 days

28 Jul 2020 | Ecommerce

Sally Baptiste from Payment Operations Group gives a realistic account of what merchants should consider when trying to enter the US ecommerce market during the climate created by the Covid-19 pandemic

Sally Baptiste, Payment Operations Group, US, United States, ecommerce, retail, marchants, buyer, consumer, COVID-19, coronavirus, pandemic, consumer confidence,

MoCaFi launches mobile banking platform to address inequalities in communities

27 Jul 2020 | Online & Mobile Banking

Mobility Capital Finance (MoCaFi), a US-based fintech, has launched an upgraded mobile banking platform, designed to help address inequalities in communities of colour.

MoCaFi, mobile banking, banking, Mobility Capital Finance, US, fintech, COVID-19, coronavirus, pandemic, VanillaDirect, retail, Allpoint, MoCaFi Mobility Bank Account, MoCaFi Mobility Debit Mastercard, Mastercard, mobile wallet, e-wallet, contactless, payments, Mastercard ID Theft Protection, mobile app, Equifax, TransUnion, partnership

Revolut raises USD 80 mln in funding round

27 Jul 2020 | Online & Mobile Banking

Revolut has raised USD 80 million as part of its Series D round led by TSG Consumer Partners.

UK, fintech, Revolut, pandemic, COVID-19, coronavirus, TSG Consumer Partners, US, banking, Europe

B2B payments 2019-2020 – key drivers of innovation

27 Jul 2020 | Payments General

An overview of some of the B2B payments trends and initiatives from late-2019 to mid-2020, the Covid-19 impact, the productisation of B2B payments, and future perspectives for this industry

B2B payments, fintech, virtual cards, B2B transactions, cards, investments, acquisitions, digital payments, innovation, partnerships, coronavirus, expansion, corporate cards, cross-border payments, commercial payments, investors, fraud, card schemes, businesses, PSPs, payments, suppliers, digitisation, corporates, banks, payment providers, travel, expenses, commercial card

Starbucks reveals new payments features for its loyalty programme members

24 Jul 2020 | Ecommerce

Starbucks has announced that loyalty programme members will have more options to pay for their drinks.

Starbucks, loyalty programme, credit card, debit card, PayPal, mobile wallets, contactless payments, coronavirus, US, payment options, gift card, prepaid card

Kabbage launches checking accounts for small businesses

23 Jul 2020 | Online & Mobile Banking

US-based online lender Kabbage has announced it will offer checking accounts for small businesses.

Kabbage, SMBs, US, lender, banks, Green Dot Bank, Federal Deposit Insurance Corporation, COVID-19, coronavirus, pandemic

Zopa partners with Paylink Solutions

23 Jul 2020 | Online & Mobile Banking

Zopa has teamed up with Paylink Solutions, a software provider, to support its customers amid the COVID-19 pandemic.

Zopa, Paylink Solutions, data, partnership, software, COVID-19, coronavirus, pandemic, P2P, digital bank, digital, banks, cloud-based, Embark, payments, open banking, banking, Credit Reference Agency, lenders, loans, PayPlan, UK, API

TransUnion finds an increase in phishing attacks; enhances its Document Verification solution

22 Jul 2020 | Digital Identity, Security & Online Fraud

New research from TransUnion’s Consumer Financial Hardship studies has found that phishing is the top digital fraud scheme worldwide related to COVID-19. 

TransUnion, document verification, identity fraud, COVID-19, pandemic, coronavirus, scams, ID, phishing scams, identity theft, ATO, authentication, fraud prevention

Sidetrade Unpaid Invoice tracker: what the pandemic has taught us

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

With billions of euros tied up in unpaid invoices during lockdown, Rob Harvey, Global Director at Sidetrade, shares learnings about B2B late payment across Europe based on the findings of Sidetrade’s Unpaid Invoice tracker

AI, invoicing, late payments, lockdown, digitalisation, coronavirus, study, Sidetrade, Sidetrade Unpaid Invoice Tracker, cash flow, liquidity, businesses, the Netherlands

B2B cross-border payments to grow by 30 percent to USD 35 tln by 2022, study

20 Jul 2020 | Payments General

A new study from Juniper Research has found that the total value of B2B cross-border payments will reach USD 35 trillion in 2022 from a COVID-related low of USD 27 trillion in 2020, representing 30% growth. 

B2B, cross-border payments, Juniper Research, coronavirus