Articles with tag: eft

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Almost 2 /3 of Europeans would contact the police if victim to online identity theft

News | Digital Identity, Security & Online Fraud | 12 Jan 2021

On average, 70% of Europeans would contact the police if they fall victim to online identity theft, according to Prolifics Testing.

online identity theft, online banking fraud, digital identity, banking, fraud prevention, Europe, statistics

Global fraud is on the rise, with the US leading in fraud attempts, Veriff finds

News | Digital Identity, Security & Online Fraud | 22 Dec 2020

The 2020 Fraud Report by Veriff  has revealed the US experienced more fraud attempts than anywhere else in the world, with increased fraud attempts as a result of the COVID-19 pandemic in the fintech, mobility and crypto sectors.

Veriff, fraud prevention, online fraud, report, identity theft, fintech, mobility

eftops to pilot QR code payment system in 2021

News | Mobile Payments | 17 Dec 2020

eftpos has announced that it is working with merchants to deliver a national QR code payment system in Australia, with a pilot to be launched in 2021.

eftops, Australia, QR code, payment system, merchants, mobile payments

Money reveals new data breach tool

News | Digital Identity, Security & Online Fraud | 17 Dec 2020

Money has unveiled the launch of a new tool which aims to increase cybersecurity awareness and protect users from identity theft. 

Money, product launch, data breach, fraud, email address, personal data, fraud, identity theft, Data Breach Tool

eftpos, BPAY, NPPA agree to merge as single entity

News | Online Payments | 15 Dec 2020

Australia-based payments infrastructure providers eftpos, BPAY, and NPP Australia (NPPA) have agreed to merge as a single entity.

eftpos, BPAY, NPPA, NPP Australia, NPP, ACCC, Australian Competition and Consumer Commission, Australia, merger, payments infrastructure providers, NewCo

South African authorities warn about risks associated with EFT payments

News | Digital Identity, Security & Online Fraud | 27 Nov 2020

The South African Reserve Bank (SARB) has issued a warning to consumers to be aware of the risks associated with the use of instant electronic funds transfer (EFT) payment services offered at ecommerce stores.

South Africa, EFT payments, online payments, ecommerce, security, online fraud, screen scraping

Paymentwall integrates Paga, Tingg, instant EFTs in Nigeria

News | Mobile Payments | 17 Nov 2020

Paymentwall expands its payment coverage in Nigeria to offer mobile money payments with Paga, Tingg, and instant EFTs.

Paymentwall, Nigeria, mobile money payments, Paga, Tingg, instant EFTs, ecommerce, digital wallet, KYC, mobile payments

South African Revenue Service to discontinue use of cheques from 2021

News | Online Payments | 13 Nov 2020

The South African Revenue Service (SARS) has announced it will discontinue the use of cheques from 2021.

SARS, The South African Revenue Service, cheque, contactless payments, South Africa, payments, EFT, ABSA, Capitec, FNB, Nedbank, Standard Bank

eftpos acquires instant payment service Beem It

News | Mobile Payments | 03 Nov 2020

Australia-based payment system provider eftpos has acquired the instant payment service Beem It.

eftpos, Beem It, Australia, acquisition, instant payments, payment service provider, e-wallet

Quest launches tap-on-phone payment solution in Australia

News | Mobile Payments | 28 Oct 2020

Australia-based technology provider Quest Payment Systems (Quest) has launched the tap-on-phone payments solution Airpay TAP.

Quest Payment Systems, Airpay TAP, Australia, tap-on-phone, merchants, contactless payment, Visa, Mastercard, eftpos, American Express, mobile wallet

Bendigo Bank, Tyro Payments partner for merchant acquiring alliance

News | Payments General | 20 Oct 2020

Australia-based retail banking company Bendigo Bank has partnered with payments solutions provider Tyro Payments to form a merchant acquiring alliance.

Bendigo Bank, Tyro Payments, merchant acquiring, alliance, partnership, Australia, retail banking, payments solutions, SME, banks, small business, co-branded, EFTPOS, ecommerce

Samsung, eftpos partner to provide contactless transactions via Samsung Pay

News | Mobile Payments | 14 Oct 2020

Samsung has partnered with Australia-based payment system provider eftpos to allow contactless transactions through Samsung Pay.

Samsung Pay, eftpos, Australia, contactless payments, mobile payments, partnership, Visa Network, debit cards, e-wallet

RBI announces RTGS to run 24x7 from December 2020

News | Payments General | 12 Oct 2020

The Reserve Bank of India (RBI) has announced that online transfer of funds through real-time gross settlement (RTGS) will be available round-the-clock from December 2020, according to mint.

RBI, RTGS, Reserve Bank of India, real time gross settlement, India, online payments, transfers, funds, real time transfers, gross settlement, National Electronica Funds Transfer, NEFT, electronic payments, bank branches

DataMesh enables native least cost routing on payment terminals

News | Online Payments | 06 Oct 2020

DataMesh has developed a capability to automatically apply least cost routing (LCR) technology within Australia’s debit card payment system for its customers.

eftpos, DataMesh, merchant routing, least cost routing, POS, payment terminal, card payments

Emirates NBD transforms its international payments operations with TCS BaNCS

News | Payments General | 14 Sep 2020

Emirates NBD, a Middle East-based financial services group, has successfully deployed a centralised international payments hub for multiple entities, running on TCS BaNCSTM for Payments.

RTGS, NEFT, while in UAE, Emirates NBD, Emirates Islamic Bank, banking, payments, real time payments, TCS BaNCSTM

Ozow launches new payment tools in South Africa

News | Mobile Payments | 10 Sep 2020

South Africa-based digital payments company Ozow has launched a series of new payment platforms to simplify payments for consumers and merchants.

Ozow, Ozow PIN, EFT payments, Ozow Revolution, online payments, South Africa, QR payments, Africa, mobile payments,

Treezor, ubble sign a strategic agreement for the next generation European KYC

News | Digital Identity, Security & Online Fraud | 08 Sep 2020

Treezor has partnered with identity verification company ubble to introduce a KYC solution to its customers, including real-time video. 

Treezor, identity verification, ubble, KYC, real-time video, API, customer identification, compliance, remote identity verification, online account opening, money laundering, identity theft, ANSSI, Europe

FSS updates its Smart Recon platform with Machine Learning and cloud support

News | Payments General | 08 Sep 2020

FSS (Financial Software and Systems), a global payment products provider and processor, has introduced critical increments to its Smart Recon platform.

ATM Recon, Online Commerce, Wallets, Instant Payments, NEFT, RTGS, QR Code Payments, FSS, Financial Software and Systems, India

InfoComply, Acuant team up for protection and personal data processing

News | Digital Identity, Security & Online Fraud | 02 Sep 2020

Acuant and InfoComply have announced a partnership to help enterprise customers protect, save, and process the personal data of consumers while procuring their valid consent. 

InfoComply, Acuant, verification, protection, personal data, regulations, compliance, identity theft, fraud, biometrics

Eftpos reveals digital payments service

News | Online Payments | 24 Aug 2020

Australia-based debit card company Eftpos has made its debut in the digital payments space, launching its digital payment service to banks and retailers.

Australia, debit card, Eftpos, digital payments, digital payment service, retailers, merchants, card-on-file payments, micropayment