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Revenue secures contract to develop payments tokenisation for Malaysia's PayNet

News | Digital Identity, Security & Online Fraud | 16 Nov 2020

Malaysia-based payment solutions provider Revenue has secured a contract for the provisioning of the MyDebit tokenisation platform for Payments Network Malaysia (PayNet).

revenue, Malaysia, MyDebit, PayNet, Payments Network Malaysia, tokenisation, platform

UK-based SMEs up 60% in daily transactions in sign of recovery, Barclaycard study

News | Cards | 21 Aug 2020

Barclaycard has released its Payments’ quarterly SME Barometer, revealing that small and medium businesses exceeded their revenue predictions for Q2 2020. 

UK, United Kingdom, SMEs, daily transactions, Barclaycard, pandemic, recovery, small and medium businesses, revenue, optimism, consumer cards, card payments, hospitality industry, transactions , card transactions, card-taking SMEs

Commodity trade finance faces difficulties in revenues following scandals

News | E-invoicing, SCF & E-procurement | 14 Aug 2020

Commodity trade finance has observed slumping revenues in the second quarter of 2020 as some banks pulled the plug on their operations following scandals, according to

commodity trade finance, trade finance, revenue, scandal, banks, Coalition, Hin Leong Trading, Singapore, bankruptcy, HSBC, ABN AMRO, commodity finance, Phoenix Group, Standard Chartered, BNP Paribas, Societe Generale, Europe, Middle East, Africa

Only 9 percent of major banks monetise payments data – report

News | Payments General | 17 Jul 2020

Only 9% of the world’s top tier banks are effectively monetising payments data, has shown Aite Group’s report “The Payments Transformation Race: Criteria for Success”, commissioned by Icon Solutions.

report, Aite Group, banks, data, monetisation, Open Banking, payments , revenue

Merchants are unprepared for ATO, Riskified's survey finds

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

Payments and fraud prevention solutions provider Riskified has released a survey on the effect of account takeover (ATO) attacks on ecommerce merchants and customers. 

Riskified, merchants, revenue, account takeover, ATO, fraud prevention, payments , security, fraud, accounts, unauthorised purchases, online shopping, checkout

Lyft's ride-hailing business is down 70% due to COVID-19

News | Ecommerce | 07 May 2020

The Verge has revealed that Lyft’s ride-hailing business is down 70%, year over year, as a result of the COVID-19 pandemic. 

Lyft, coronavirus, COVID-19, revenue, ecommerce

Adyen shares trading updates, earnings grow 34% amid pandemic

News | Online Payments | 23 Apr 2020

Adyen has stated the coronavirus outbreak had impacted its margins, although revenues and core earnings continued to grow. 

Adyen, coronavirus, online payments, revenue

Nuvei unveils Merchant Guru program for SMBs

News | Ecommerce | 03 Apr 2020

Payment technology provider Nuvei has announces the launch of its Merchant Guru program, a combination of tools and support for small to midsize business owners. 

Nuvei , launch, Merchant Guru, SMBs, COVID-19, payments , retailers, revenue, cards, management, delivery, ecommerce

Arkose Labs Raises USD 22 mln for anti-fraud platform development

News | Digital Identity, Security & Online Fraud | 25 Mar 2020

Online fraud and abuse prevention startup Arkose Labs has raised USD 22 million in a Series B financing led by Microsoft’s venture fund, M12.

Arkose Labs, anti-fraud platform, revenue, financing , fraud, bad actors, account takeover, abuse, scraping, card fraud

Filling up your car? Would you like fries with that?

Voice of the Industry | Payments General | 18 Nov 2019

Brian DuCharme, Vice President of Product Management at TNS, shares with the readers of The Paypers some key insights into a couple of surprising findings of their new report

Brian DuCharme, TNS, pay-at-the-pump, report, US, UK, Australia, payments , retailers, data breach, EMV terminals, technologies, survey, revenue, startup