Articles with tag: covid19

Found 18 results in 184 milliseconds.

Up Romania rolls out facial-recognition payment system called PayByFace

17 Aug 2020 | Payments General

Financial solutions company Up Romania has announced the launch of PayByFace, a facial-recognition app.

Up Romania, PayByFace, facial-recognition payments, financial solutions, facial recognition, mobile app, payment card, selfie, PIN code, affiliated stores, biometric readers, consumer payment patterns, covid19, pandemic

Fintech Fiserv to provide financial solutions to India-based Federal Bank

14 Aug 2020 | Online & Mobile Banking

India-based Federal Bank has selected financial services provider Fiserv to support the digitisation of the bank’s end-to end card issuance and processing cycle.

Fintech, Fiserv, financial solutions, India, Federal Bank, financial services, digitisation, card issuance, processing, credit cards, FirstVision, BPO solution, PINless transactions, Accel, platform, covid19

Holvi leaves UK following Brexit and Covid-19 uncertainty

13 Aug 2020 | Online & Mobile Banking

Finland-based challenger bank Holvi has announced plans to officially exit the UK market on 31 October 2020, a date that echoes the UK’s initial departure date from the EU. 

Holvi, UK, United Kingdom, Brexit, covid19, EU, coronavirus, regulatory landscape, fintech, Mastercard, Holvi accounts, SME, digital bank, challenger bank, Finland, Berlin, Helsinki

US Bank to provide USD 1 mln grants to black-led CDFIs

13 Aug 2020 | Payments General

US Bank Community Development Corporation (USBCDC) has announced USD 1.15 million in grants to more than a dozen Black-led Community Development Financial Institution (CDFI) partners.

US Bank, grants, black-led, CDFI, USBCDC, US Bank Community Development Corporation, Community Development Financial Institution, covid19, financial stress, black businesses, African American Alliance

Billtrust, Finexio partner for faster digital payments amid pandemic

04 Aug 2020 | Payments General

US-based fintech Finexio has partnered with B2B payments solution provider Billtrust to provide faster digital payments to its suppliers.

Billtrust, Finexio, digital payments, pandemic, fintech, US, United States, B2B payments, Business Payments Network, BPN, partnership, covid19, accounts receivable, automated invoice reconciliation, virtual cards payments

Elavon introduces Opayo and payment solutions to help SMEs reopen

30 Jul 2020 | Ecommerce

US-based payments provider Elavon has announced new measures to help SMEs reopen, including new payment solutions and digital commerce capabilities.

Elavon, Opayo, payment solutions, SMEs, digital commerce, ecommerce, POS, consumer behaviour, covid19, survey, Ipsos Mori, spending habits, Sage Pay, contactless payments, online shopping, business reopening

HSBC, Asian Development Bank partner for Covid-19 supply chains support

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

HSBC and the Asian Development Bank (ADB) have announced a supply chain finance programme to support companies that provide Covid-19-related supplies.

HSBC, Asian Development Bank, covid19, supply chain finance, Asian SMEs, medical supply chains, financing, suppliers, banks, manufacturers, investors, healthcare professionals

Bankera launches business loans for digital SMEs

28 Jul 2020 | Online & Mobile Banking

Lithuania-based fintech Bankera has started to offer business loans for small and medium-sized enterprises (SMEs). 

Bankera, business loans, SMEs, digital sector, covid19, Bankerea Business Loans, European Commission, hackathon, lending solution, Lithuania, Europe, business invoice financing, refinancing, short-term lending services

SignD secures EUR 1 mln growth capital from primeCROWD investors

27 Jul 2020 | Digital Identity, Security & Online Fraud

Austria-based KYC services provider SignD Identity has received EUR 1 million in new growth capital from the primeCROWD investor network. 

SignD, growth capital, investment, primeCROWD, digitisation, covid19, lockdown, Austria, KYC, proof of identity, regulatory standards, banking, identity, consumer enrolment, digital onboarding, AML, PEP, QES

Equity Bank secures USD 50 mln IFC-loan for Kenya-based SMEs amid COVID-19

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

World Bank Group member IFC has provided a $50 million loan to Equity Bank Kenya to help small and medium-sized enterprise (SME) clients facing COVID-19 challenges.  

World Bank Group, IFC, Equity Bank, Kenya, Africa, SMEs, loan, lending, COVID19, Kenyan businesses, trade, transport, pandemic, trade chain, value chain, foreign financing flow, tourism revenue

Five Markers of a Good PSD2 SCA Strategy

14 Jul 2020 | Payments General

Arjun Kakkar from Ekata, walks us through an in-depth research conducted in the European PSP ecosystem to discover how PSD2 SCA can offer PSPs the opportunity to differentiate themselves and gain market share

Europe, PSP, PSD2, SCA, Payments, 3DS2, Visa, Mastercard, Covid19, fraud

Covid-19 – Embracing the contactless payment habit doesn't mean you need a card. New payment methods are breaking through

12 May 2020 | Mobile Payments

Peter Theunis, CEO of Radar Payments by BPC, makes a thorough overview on how implementing mobile payment methods can help with better navigating the COVID-19 pandemic

Peter Theunis, Radar Payments, BPC, Banking Payments Context, mobile payments, covid19, pandemic, Atomic Habits, New York Times, contactless technology, payment habits, mobile wallet, fitbit smartwatch, contactless payments, cashless, payment networks, cash transactions, central banks, near field communication, NFC, strong customer authentication, SCA, PSP, ApplePay, GooglePay, QR code payment, NFC technologies

Bank of Ireland swings to USD 261 mln loss amid COVID-19 pandemic

11 May 2020 | Payments General

Bank of Ireland has reported a USD 261 million loss after taking an impairment charge related to loan repayment breaks for customers in Ireland and Britain.

Bank of Ireland, impairment charge, Ireland, Britain, covid19, pandemic, loan repayment breaks, Tier 1 capital ratio, CET1 ratio, Ireland, Europe

UAE's FIs requested to use regtech to follow AML guidelines

08 May 2020 | Digital Identity, Security & Online Fraud

The United Arab Emirates’ (UAE) regulatory authorities have asked local businesses to implement appropriate fintech and regtech solutions to counter money laundering. 

financial service providers, UAE, regulatory authorities, AML, fintech, regtech, CFT, covid19, outbreak, FATF report, KYC, UAE Pass, Emirates ID, UAE validation platform

Retail banks face customer dissatisfaction because of digital-only engagement shift

05 May 2020 | Online & Mobile Banking

US-based data analytics and consumer intelligence company J.D Power has released a study showing how the COVID-19 pandemic affects retail banking customers’ satisfaction.

retail banking, digital banking, JD Power, covid19, pandemic, customer satisfaction, branch service, digital service, personal banking, customer experience, mobile banking, online banking, big banks, midsize banks, regional banks, big 62 banks, Zelle, Apple Pay, PayPal, Venmo

GoBear selects AsiaKredit to roll out lending services

04 May 2020 | Online & Mobile Banking

Singapore-based financial marketplace GoBear has acquired digital consumer lender AsiaKredit.

GoBear, AsiaKredit, fintech, startup, digital lender, financial marketplace, LaaS, Pera247, lending app, covid19, pandemic

Movii, Yabx partnership to loan Procter & Gamble retailers amid COVID-19

01 May 2020 | Ecommerce

Movii, Colombia-based mobile wallet and challenger bank, has partnered with Yabx, Netherlands-based fintech, to loan Procter & Gamble merchants in Colombia. 

Movii, Yabx, Procter & Gamble, P&G, MSME, FMCG, COVID19, pandemic, mobile wallet, challenger bank, fintech, contactless service, machine learning, merchant onboarding, credit disbursal, digital lending

Paytronix secures USD 10 mln investment

29 Apr 2020 | Ecommerce

US-based SaaS provider Paytronix Systems has announced that it has secured an additional USD 10 million in funding.

Paytronix Systems, SaaS, funding, investment, restaurant market, COVID19, pandemic, hospitality market