Articles with tag: e-payment

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Paysera raises authorised capital to EUR 7 mln

News | Payments General | 07 Jan 2021

Lithuania-based fintech Paysera has raised its authorised capital from EUR 3 million up to EUR 7 million as a result of accumulated profit, according to the official press release.

Paysera, fintech, Lithuania, authorised capital, Bank of Lithuania, e-payments, PSP, Baltic, EMI

BOJ to regulate and grow USD 4 bln e-payment business

News | Payments General | 04 Jan 2021

Bank of Jamaica has decided to regulate the operation of electronic retail payment service providers (PSPs) and is seeking industry feedback on its proposals by 15 January 2021.

Jamaica, BOJ, Bank of Jamaica, e-payment, regulation, PSP, electronic payments, supervision

Wirecard to cease payment services in Singapore, MAS directive

News | Online Payments | 02 Oct 2020

The Monetary Authority of Singapore (MAS) has directed Wirecard entities to cease their payment services in Singapore, according to straitstimes.com.

MAS, Wirecard, payment services, Singapore, payment services, Monetary Authority of Singapore, customer funds, Germany, digital payments, bankruptcy, bank accounts, Phillipines, APAC, Asia Pacific, Pasir Panjang, Wirecard SG, merchants, e-payments, Nets, PayNow, SGQR, pre-paid cards, credit cards, card payments

PayEye scans your iris to make contactless payments

News | Digital Identity, Security & Online Fraud | 10 Jul 2020

Poland-based payment institution PayEye has revealed its biometric payment method that scans your iris.

PayEye, biometric payments, iris scan payment method, Poland, eye-payment technology, Europe, contactless payments

Business opportunities in the pandemic and the road ahead

Voice of the Industry | Ecommerce | 26 May 2020

To face a post-COVID-19 world with confidence, businesses are advised to modify their current processes, culture, and customer experiences. Harvey Chan from Payment Asia has some ideas

Harvey Chan, Payment Asia, Covid-19, payments, ecommerce, delivery, stay at home, e-payment, mobile payments, credit cards, debit cards, e-wallets

IXOPAY adds Trustly to its network

News | Online Payments | 19 May 2020

Payment orchestration platform IXOPAY has added Trustly to its network, meaning from now on, online merchants connected to IXOPAY may offer Trustly APM.

Payment orchestration, IXOPAY, Trustly, merchants, oBep, online banking e-payments, apm, alternative payment methods

New e-payment platform released by NCS and NETS for Central Banks in APAC

News | Online & Mobile Banking | 14 Apr 2020

NCS has signed a memorandum of understanding (MOU) with the NETS Group to develop a new real-time electronic payment and securities settlement platform for central banks. 

e-payment, e-payment platform, NCS, NETS, Singtel, central banks, APAC, MOU, payment system, inter-bank fund transfer, monetary policies, payment ecosystem

ECB and Riksbank to support RIX-INST, Sweden's instant payment

News | Payments General | 06 Apr 2020

European Central Bank (ECB) along with the Eurosystem and Sveriges Riksbank has partnered to support Swedish instant payment service, RIX-INST.

ECB, Riksbank, Sweden, instant payments, RIX-INST, monetary authority, eurozone, EU, TIPS, transfers, funds, e-payments

UnionPay to introduce QR code-payment transaction in the UAE

News | Mobile Payments | 16 Mar 2020

Network International, a digital commerce provider across the Middle East and Africa (MEA), and China’s UnionPay have piloted a QR code-based payment transaction at a merchant outlet in the UAE.

UnionPay, Network International, QR code-payment, UAE, Pakistan, MEA, mobile payments, NFC, Huawei

PayFacto, PAX launch PAX A920 payment terminals in Canada

News | Online Payments | 04 Mar 2020

PayFacto and PAX Technology have announced that PAX’s A920 payment terminals are now available for the first time in the Canadian market with PayFacto processing.

PayFacto, PAX, launch, PAX A920, Android, payments, terminals, Canada, e-payments, merchants, security

ACI Worldwide, Internal Revenue Service facilitate online tax payments

News | Online Payments | 25 Feb 2020

ACI Worldwide and the Internal Revenue Service (IRS) have facilitated the online payment process for taxpayers. 

ACI Worldwide, payments, online tax, internal revenue, electronic payment, banking, online payments, e-payments, IRS, bills, credit cards, debit cards, electronic checks, POS

Strong Customer Authentication – Where are we now?

Voice of the Industry | Digital Identity, Security & Online Fraud | 19 Feb 2020

Khalil Kammoun, Wordline, explains why he believes that all players in the payments ecosystem 'need to ensure that the ecommerce marketplace adapts to the new rules with the minimum of disruption'

Khalil Kammoun, Wordline, standards, PSD2, SCA, authentication, digital payments, fraud, ecommerce, transactions, data, MOTO, e-payments, risks, analysis, TPP, merchants, 3DS, PSPs, acquirers, cardholders, online payment

Monetary Authority of Singapore commences the Payment Services Act

News | Payments General | 03 Feb 2020

The Monetary Authority of Singapore has commenced the Payment Services Act (PS Act) to enhance the regulatory framework for payment services in Singapore, strengthen consumer protection and promote confidence in the use of e-payments.

Monetary Authority of Singapore, Payment Services Act, e-payments, regulation

Online banking app Koto Card to launch in the UK by January 2020

News | Online & Mobile Banking | 06 Jan 2020

UK-based online app bank Koto Card has announced planning its launch in the UK by January 2020, according to IBS Intelligence sources.

Koto Card, online banking, digital banking, expansion, UK, Monobank, Ukraine, United Kingdom, re-payment plan, e-money account,

Fintech startup DadeSystems closes USD 9 mln Series D funding

News | E-invoicing, SCF & E-procurement | 18 Nov 2019

US-based AR automation provider DadeSystems has raised a USD 9 million Series D growth funding to grow its suite of solutions, collectively referred to as DadePay.

DadeSystems, Ocean Azul Partners, Napier Park Financial Partners, DadePay, e-payments, accounts receivable automation, B2B payments US, United States

Thailands e-Payment Master Plan has opened door to cashless economy, report shows

News | Payments General | 30 Aug 2019

The share of cash in Thailand is on a gradual decline due to the government’s National e-Payment Master Plan, according to GlobalData report.

Thailand, e-Payment Master Plan, cashless, GlobalData, Mastercard, Visa

Singapores central bank sets out cyber rules for financial services and e-payment companies

News | Digital Identity, Security & Online Fraud | 07 Aug 2019

All financial services and e-payment companies in Singapore must follow a set of cyber hygiene rules from August 2020.

Monetary Authority of Singapore, MAS, strong passwords, multi-factor authentication, firewalls, financial services, e-payment companies

Visa, J.P. Morgan boost B2B payments with Billtrusts Business Payments Network

News | E-invoicing, SCF & E-procurement | 01 Aug 2019

Visa and payment management company Billtrust have announced that J.P. Morgan will use Billtrust’s Business Payments Network to deliver B2B payments.

Visa, J.P. Morgan, Billtrust, expense management, B2B payments, partnership, Business Payments Network, invoice delivery, payment capture, cash application, e-invoicing, electronic invoice payment, e-payments

E-payments to overtake cash in Portugal by 2020

News | Online Payments | 23 Jul 2019

Electronic payments are set to surpass cash in Portugal by 2020, supported by government initiatives and improved payment infrastructure, according to a GlobalData report.

E-payments, cash, Portugal, bank, Global Data

RBI to bank on data analytics for fraud detection

News | Digital Identity, Security & Online Fraud | 17 May 2019

The Reserve Bank of India (RBI) has planned to use data analytics in an attempt to timely detect frauds and take recovery actions.

RBI, bank, data analytics, fraud detection, online fraud, fraud prevention, India, payments, identification, irregular transactions, authorisation, regulations, security, e-payments, safety