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The RBI has ordered Kotak Mahindra Bank to stop onboarding new customers through its online and mobile banking channels and stop issuing new credit cards.
regulation, banking, online banking, mobile banking, digital banking, financial services, financial institutions
UK-based payments platform Mimo has secured a GBP 15.5 million investment led by Northzone to launch a platform that simplifies B2B payments.
SMEs, cash flow, B2B payments, funding, trade finance
US-based payment processor Elavon has partnered with BMO to provide a payment solutions platform to the bank’s clients.
partnership, payment processing, banks, transactions
Settle and Cin7 have partnered to launch Pay with Settle, an embedded vendor payment solution for Cin7 Core users.
payments , product launch, partnership, transactions , embedded payments
REISS has partnered with Teamwork Commerce to deploy Mobile POS across US stores in a bid to improve in-store efficiency and customer experiences.
POS, partnership, retail, customer experience, mobile payments
Mastercard has announced the launch of contactless payment solutions in Nigeria, aiming to drive digital payment transformation in the region.
product launch, digital payments, paytech, contactless payments, QR code, QR payments, payment processing, SMEs, merchants, digitalisation, Tap-to-Pay, NFC, fintech
Stephane Pilloy, Chief Executive Officer, myPOS Limited, discusses the future of Tap-to-Pay payments, their broader global acceptance, and the benefits this type of contactless payment can bring to merchants and customers alike.
Tap-to-Pay, online payments, cashless, ecommerce, digitalisation, contactless payments, EMV, partnership, POS, SoftPOS, NFC, e-invoicing, mobile payments
Mine, a company activating in the data privacy market, has raised USD 30 million in a Series B funding round co-led by Battery Ventures and PayPal Ventures.
data sharing, data protection, investment, funding, data privacy
Global professional services company Accenture has acquired OnProcess Technology to leverage its supply chain managed services.
acquisition, supply chain finance, fintech, financial services
Virgin Atlantic has tapped payment provider Elavon’s acquiring services and Multi-Currency Conversion (MCC), allowing merchants to settle in one of 100 currencies.
merchants, partnership, Acquirer, travel payments
US-based fintech Deluxe has announced its partnership with Aliaswire in order to modernise digital bill payments for banks and businesses in the region.
partnership, digital banking, digitalisation, online banking, mobile banking, financial services, financial institutions
iDenfy, a global RegTech startup, has partnered with CardDepot.com to enhance fraud prevention with an AI-powered KYC solution.
partnership, fraud management, fraud detection, fraud prevention, KYC, gift card fraud, identity fraud
Elavon, a wholly owned subsidiary of U.S. Bank, has launched the next generation of talech software aiming to help small business owners run their businesses efficiently.
product upgrade, payment processing, POS, ecommerce, financial services, contactless payments
Anton Zelenin, Chief Product Officer, Fintech at Xsolla, shares insights into how chargeback fraud affects businesses and suggests strategies to counter it.
chargebacks, fraud detection, fraud prevention, ecommerce, friendly fraud, artificial intelligence, machine learning, risk management
US-based Mast General Store has leveraged its partnership with retail software company Celerant and partnered with tax compliance provider Avalara.
partnership, expansion, compliance, paytech, fintech, financial services, POS, checkout optimisation , tax bill
Global retail management software Teamwork Commerce has announced the receipt of SOC 2 Type 1 compliance for all Teamwork Commerce Premier Edition customers.
compliance, online security, cybersecurity, data privacy, data protection, financial services, merchants, ecommerce, retail, fintech, data analytics, regulation, risk management
Financial infrastructure platform Stripe has launched a customisable Android-based smart reader to help businesses unify their online and in-person payment experiences.
product launch, POS, card terminal, PSP, payment processing, omnichannel, ecommerce, payment gateway, payments , financial services, shopping, data aggregation, fintech, merchants, API, checkout optimisation , Android
Global retail management software Teamwork Commerce has launched an RFID-powered self-checkout solution looking to simplify the checkout process for in-store customers.
product launch, POS, checkout optimisation , self checkout, RFID, ecommerce, merchants, retail, customer experience, shopping, payment methods, financial services, payment processing, fintech, payments , omnichannel, transactions
Neobank Viva Wallet has partnered with Elo to enable merchants to accept Chip & PIN and Tap-on-Phone contactless payments with one device.
Viva Wallet, POS, retail, checkout optimisation , omnichannel, Android
Invoicing and inventory management software provider SmartBill has partnered with Romania-based Smart Fintech to integrate a Smart Accounts service.
partnership, online banking, fintech, banks