Articles with tag: issuer

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The Central Bank of Nigeria announces framework for QR code payments

News | Mobile Payments | 15 Jan 2021

The Central Bank of Nigeria (CBN) has announced a framework for QR code payments.

Central Bank of Nigeria, Nigeria, Africa, framework, QR, QR code payments, mobile payments, issuers, acquirers

Spilling the tea with compliance introduction - video interview with Payoneer

Interviews | Payments General | 15 Jan 2021

Jani Gode and Micheal Sheeny of Payoneer invite us to watch their ‘compliance chat’ where they discuss trends and challenges impacting the fintech and money transmitter industries worldwide

Payoneer, Jani Gode, Micheal Sheeny, compliance, fintech, e-money issuer, banking, transaction monitoring, regulation, video interview

GPS joins Mastercard's Fintech Express Programme

News | Payments General | 17 Dec 2020

Issuer processor Global Processing Services (GPS) has been selected by Mastercard as its chosen processing partner in its Fintech Express Programme, according to the official press release. 

GPS, Global Processing Services, Mastercard, Fintech Express Programme, fintech, issuer processor, e-wallet, challenger banks

Next-gen core banking platform Modularbank teams up with payment company Nets

News | Payments General | 24 Nov 2020

Modularbank, an Estonia-based next-generation core banking platform, has teamed up with Nets Estonia.

Modularbank, cards, issuer, Nets, Estonia, core banking platform, partnership, payment processor

Stanchion announces support for card digitisation and tokenisation services on the Verto platform

News | Online Payments | 12 Nov 2020

Stanchion has launched additional libraries on its digital payments integration platform Verto.

Stanchion, launch, digital payments, Verto, tokenization, mobile payments, digital wallet, UAE, APAC, Mastercard Digital Enablement Service, MDES, Visa Token Service, VTS, card issuers

Banking-as-a-service software platform Conductor gets USD 150 mln

News | Payments General | 03 Nov 2020

Conductor, a Brazil-based card issuing and banking-as-a-service software platform, has raised USD 150 million in funding.

Conductor, funding, banking as a service, fintechs, cards, banks accounts, Latin America, card issuer

deVere Group selects Moorwand to issue its multi-currency card Vault

News | Payments General | 02 Nov 2020

Moorwand, a BIN sponsor and issuer, has been selected by deVere Group to provide issuing services and BIN Sponsorship for Vault, its multi-currency Mastercard, across 14 different European markets.

Moorwand, BIN sponsor, issuer, multi currency, Mastercard, deVere Group, partnership, bank transfer

EMVCo provides guidance for merchants and issuers on using FIDO Authentication with EMV 3DS

News | Digital Identity, Security & Online Fraud | 29 Oct 2020

EMVCo has published a white paper which provides guidance to merchants, card issuers, acquirers and processors on how FIDO Authentication Data can be used in EMV 3-D Secure (3DS).

EMVCo, FIDO Alliance, white paper, merchants, card issuers, acquirers, card processors, FIDO Authentication Data, 3-D Secure, 3DS, card issuer, ecommerce, Use of FIDO Data in 3DS Messages, strong consumer authentication

Forter, FreedomPay to establish fraud prevention-oriented network

News | Digital Identity, Security & Online Fraud | 28 Oct 2020

Ecommerce fraud prevention company Forter has partnered with payment service provider FreedomPay to establish a network that allows merchants and banks to block fraud.

Forter, FreedomPay, merchants, credit card issuers, banks, fraud prevention, 3DS, SCA, PSD2

Paytm to issue 2 mln credit cards

News | Cards | 19 Oct 2020

Paytm had announced that it will be partnering with various card issuers to launch co-branded credit cards.

Paytm, card issuers, launch, co-branded, credit cards, insurance protection, fraudulent transactions, international transactions, reward points

Global Processing Services secures strategic investment from Visa

News | Payments General | 19 Oct 2020

Global Processing Services (GPS), a UK-based payments issuer processor, has secured a strategic investment from Visa.

Global Processing Services, Visa, investment, Europe, APAC, Asia Pacific, payments issuer processor, payments

Global and regional impacts of SCA and 3-D Secure 2.0 (3DS2)

Voice of the Industry | Digital Identity, Security & Online Fraud | 06 Oct 2020

James Roche, Senior Consultant for Authentication and Identity at FICO, provides insight into what the benefits of 3DS2 are as the deadline for SCA draws near

European Banking Authority, EBA, Strong Customer Authentication, SCA, online payments, card transactions, PSD2, 3DS, 3DS2, payment providers, banks, authentication standard, cards, card issuer, card processor

Goldman Sachs to acquire GM's credit card unit for USD 2.5 bln, WSJ

News | Payments General | 02 Oct 2020

Goldman Sachs has announced the buying of General Motors’s credit card business for about USD 2.5 billion (GBP 1.94 billion), according to the Wall Street Journal cited by Reuters.

Goldman Sachs, GM, General Motors, credit card, WSJ, Wall Street Journal, banks, credit card business, Wall Street, bank, Barclays, credit card issuer, Capital One Financial, investment banking, trading, consumer banking, JP Morgan, Citigroup, Apple, US, covid-19, pandemic

Square launched Online Checkout platform for contactless payments

News | Mobile Payments | 30 Sep 2020

US-based financial solutions company Square has launched Square Online Checkout, aimed at making smartphones into card readers and POS systems.

Square, Square Online Checkout, POS system, mobile payments, credit card, contactless payments, Online Checkout, Mastercard, bank issuer, US, North America

Why it's time for merchants to take control of the road to PSD2 SCA

Interviews | Digital Identity, Security & Online Fraud | 24 Sep 2020

Mari-anne Bayliss, Senior Director, Cybersource Regional Solutions, talks to The Paypers about the changes associated with the PSD2 strong customer authentication (SCA) requirement, and why merchants must make sure they're ready by the time it comes into force

Mari-anne Bayliss, Cybersource, SCA, PSD2, merchants, issuers, acquirers, ecommerce payments, authentication, EBA, fraud, transactions, cross-border transactions

Analysis of UK credit card issuer data shows uplift in spending and payments

News | Cards | 11 Sep 2020

New UK credit card issuer data has shown uplift in spending and payments, according to Payments Cards & Mobile.

UK, credit card issuer, spending, payments, COVID-19, FICO

Wells Fargo Bank renews agreement with Global Payments

News | Payments General | 03 Sep 2020

Global Payments, a global provider of payment technology and software solutions, has announced that TSYS, its issuer solutions business, has renewed its agreement with Wells Fargo.

Global Payments, Wells Fargo, Issuer, cards, merchants, bank account, US, TSYS, payments,

Almost half of the fuel merchants are currently unprepared to meet the EMV deadline

News | Digital Identity, Security & Online Fraud | 26 Aug 2020

ACI Worldwide has revealed that as of July 2020, 47% of major fuel merchants are unprepared to meet EMV automated fuel dispenser (AFD) compliance by the new April 2021 deadline.

ACI Worldwide, survey, fuel merchants, EMV, automated fuel dispenser, AFD, compliance, fraud, card issuers, COVID-19, chargebacks, fraud costs, fraudsters, data security, encryption, tokenization, digital payments, contactless payments, mobile payments, alternative payment methods

Marqeta adds 3DS to its platform, providing customisable authentication

News | Digital Identity, Security & Online Fraud | 19 Aug 2020

Marqeta has released its new 3DS solution, Marqeta 3D Secure, which will help card issuers meet regulatory requirements under the PSD2.

Marqeta, 3DS, Marqeta 3D Secure, card issuers, regulatory requirements, PSD2, cardholders, cardholder authentication, online fraud, Visa 2.2. Standards, CNP, Visa, Mastercard, SCA, online transactions, COVID-19, identity management, fraud protection

Netcetera and INFORM tackle PSD2 and 3DS challenges together

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

Netcetera and INFORM have teamed up to help merchants, acquirers, and card issuers comply with the PSD2 regulation. 

Netcetera, INFORM, merchants, acquirers, card issuers, PSD2, compliance, RiskShield, ecommerce shopping, ecommerce, Strong Customer Authentication, SCA, ecommerce payments, POS, merchants, EMVCo, two-factor authentication, online shoppers, abandoned shopping carts, cart abandonment, card schemes, 3DS