Articles with tag: electronic

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Unnax secures EUR 7 mln, completes LATAM entrance

News | Payments General | 14 Jan 2021

Spain-based fintech Unnax has closed a financing round of EUR 7 million to allow it to consolidate its current markets and enter the LATAM market, according to CincoDías, cited by planetstoryline.com.

Unnax, investment, LATAM, Spain, fintech, electronic money, account information, payment initiation, BaaS

Relay Payments raises USD 43 mln over six-month period

News | Online Payments | 13 Jan 2021

US-based fintech Relay Payments has announced that it has raised USD 43 million in funding over the past six months.

Relay Payments, Addition Capital, Ribbit Capital, Spark Capital, funding round, electronic payments, online payments

EDPIA accepts Aircash, Buckaroo, and HiPay as new members

News | Payments General | 12 Jan 2021

The European Digital Payments Industry Alliance (EDPIA) has announced the membership of Croatia-based Aircash, Netherlands-based Buckaroo, and France-based HiPay.

EDPIA, Aircash, Buckaroo, HiPay, European Digital Payments Industry Alliance, electronic money, digital payments, mobile wallet, pay later, payment methods

Checkout.com raises USD 450 mln in Series C funding round

News | Online Payments | 12 Jan 2021

UK-based payments company Checkout.com has announced that it has raised USD 450 million in a Series C investment round led by Tiger Global Management, bringing its valuation to USD 15 billion.

Checkout.com, funding round, Series C, electronic payments, fraud monitoring

Singapore may implement digitised cross-border trade documents

News | E-invoicing, SCF & E-procurement | 07 Jan 2021

The Singapore parliament has proposed an amendment to the current Electronic Transactions Act, which could allow cross-border trade documents to be digitised.

Singapore, e-invoicing, SCF, Electronic Transactions Act, cross-border payments, IMDA, blockchain,

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

Germany to allow blockchain technology in transacting securities

News | E-invoicing, SCF & E-procurement | 23 Dec 2020

Germany’s cabinet has approved legislation that authorises the use of blockchain technology in transacting securities.

Germany, blockchain, security, crypto securities, electronic securities, government

IBM acquires Expertus Technologies to expand payment offering

News | Online & Mobile Banking | 17 Dec 2020

IBM has acquired Expertus Technologies, a Canada-based fintech, to expand its electronic payments offering.

IBM, Expertus Technologies, acquisition, electronic payments, banking,

Wolters Kluwer to buy eOriginal for EUR 231 million

News | Payments General | 14 Dec 2020

Netherlands-based Wolters Kluwer (WKL) has signed an agreement to acquire eOriginal, a provider of cloud-based digital lending software, for EUR 231 million in cash.

Wolters Kluwer, eOriginal, acquisition, digital assets, electronic vaulting, digital lending, banks

It's still e-invoicing, only better: How AI is revolutionising electronic invoicing

Voice of the Industry | E-invoicing, SCF & E-procurement | 26 Nov 2020

Kenneth Taylor from Comarch explains how artificial intelligence and machine learning are shaping electronic invoicing, bringing us closer to touchless e-invoicing capabilities

Kenneth Taylor, Comarch, artificial intelligence, machine learning, electronic invoicing, touchless e-invoicing

Consumers to use various contactless payments options for holiday shopping

News | Online Payments | 25 Nov 2020

A Strawhecker Group (TSG) and Electronic Transactions Association (ETA) report has shown consumers are using different types of payments options as they attempt to shop safely, both in store and online, this holiday season.

Electronic Transactions Association, Strawhecker Group, holiday shopping, contactless payments, digital wallets, cards, payment methods, one-click payment

JoomPay obtains e-money license

News | Mobile Payments | 24 Nov 2020

Social finance app JoomPay has obtained an electronic money license in Luxembourg.

JoomPay, social finance app, electronic money license, e-money, online payments, Europe, instant payments, marketplace, mobile payments

Bluefin announces enhancements to the company's integrated Salesforce payments app

News | Digital Identity, Security & Online Fraud | 18 Nov 2020

Bluefin has announced enhancements to its PayConex for Salesforce integrated platform, with support for Lightning, contactless payments, and more P2PE-validated device options.

Bluefin, PayConex, Salesforce, Lightning, contactless payments, Point to Point Encryption, P2PE, PCI, electronic payments, virtual terminal, NFC, Apple Pay, Google Pay, Samsung Pay, contactless payments

India e-invoices mandatory for businesses over INR 100 crones in sales

News | E-invoicing, SCF & E-procurement | 11 Nov 2020

The Indian government has made the electronic invoice (e-invoice) mandatory from 1 January 2021 for businesses with more than INR 100 crore in sales, down from INR 500 crores.

India, e-invoice, GST, SCF, tax, invoice finance, electronic invoicing, government, e-invoicing standard

ECB announces Eurosystem oversight framework for electronic payments

News | Payments General | 10 Nov 2020

The Eurosystem has published the oversight framework for electronic payment instruments, schemes, and arrangements, called PISA, for public consultation.

ECB, Eurosystem, oversight, framework, electronic payments, payment instruments, PISA, payment schemes, payment arrangements

Digital CNY to grow retail payments and prevent USD dominance

News | Cryptocurrencies | 30 Oct 2020

A former governor of the China-based central bank has addressed the sovereign digital currency issue, the digital CNY being designed to grow retail payments at home and prevent USD dominance.

China, digital yuan, digital CNY, retail payments, stable coins, digital currency, bank of china, DCEP, electronic payment

Vietnam postpones mandatory e-invoice implementation

News | E-invoicing, SCF & E-procurement | 30 Oct 2020

Vietnam has postponed the implementation of electronic invoices until 1 July 2022, following Decree 123/2020/ND-CP (Decree 123) guiding the implementation of invoices.

Vietnam, e-invoices, Decree 123, SCF, supply chain finance, invoice finance, electronic invoicing

Contour, CargoX to digitalise bills of lading

News | E-invoicing, SCF & E-procurement | 30 Oct 2020

Singapore-based Contour, a global trade finance network, has announced its partnership with CargoX, a blockchain platform for transferring documents and data.

Contour, CargoX, SCF, supply chain finance, blockchain, electronic bills, partnership, billing

American Airlines launches e-wallet and mobile ID for its customers

News | Mobile Payments | 22 Oct 2020

American Airlines (AA) has announced its implementation of an electronic wallet, mobile ID, and virtual assistant.

American Airlines, product launch, e-wallet, mobile ID, mobile payments, US, Unites States, AAdvantage, trip credit, electronic wallet

Monaco to deploy its digital identity scheme in 2021

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

The Principality of Monaco has selected IN Groupe as the technological partner for the design of its digital identity mechanism.

Monaco, IN Groupe, digital identity, electronic ID cards, biometric passports, security, authentication