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Digital identity experts, Lucy Yang & Kaliya Young explain the journey and value of the Modular Open Source Identity Platform (MOSIP) in providing governments with ‘open’ tools to build foundational ID systems.
digital identity, digital wallet, EIDAS, verifiable credentials, data protection, decentralized identity
Online marketplace Temu has announced that it supports its customers in identifying and reporting scam websites and apps that impersonate the ecommerce platform.
online security, online shopping, fraud management, fraud detection, fraud prevention, scam
The past, present, and future of Europe’s banking sector and its digitalisation progress as seen under the lens of Oleg Patsiansky of BPC.
digitalisation, digital banking, challenger bank, SMEs
Digital payments solution AsiaPay has rolled out Visa Instalments in Hong Kong and plans to further extend its flexible payment solutions to Southeast Asia.
instalment payments, product launch, expansion, BNPL, online payments
The European Union (EU) has agreed to impose new sanctions on Russia over its invasion of Ukraine.
regulation, Russia Ukraine War, transactions , banks, COVID-19
After the flourishing period experienced in 2021, fintech companies are now facing difficult times due to sustained inflation and geopolitical conflicts that forced them into adapting a downsizing trend.
fintech, ecommerce, COVID-19, startup, online banking, digital payments, IPO, Unicorn, funding, cryptocurrency
UK-based identity verification platform Shufti Pro has partnered up with Team4UA to provide authentication solutions for the volunteers in Ukraine.
partnership, identity verification, digital identity, KYC, AML
Victor Fredung, CEO of Shufti Pro, shares how fast identity verification processes can build solid web 3.0 rails and futureproof internet security.
identity verification, KYC, eKYC, Web 3.0, banks, fintech, digital onboarding
US-based Buy Now, Pay Later (BNPL) solution provider Affirm has announced the expansion of their Amazon flexible payment offering to Canada.
BNPL, partnership, payments , online payments, ecommerce, instalment payments
LexisNexis Risk Solutions’ Financial Transparency and Inclusion Report 2022 has shown a strong interest in financial transparency and inclusion.
financial inclusion, survey, report, banks, financial institutions
MODO, an Argentina-based white label wallet, has announced it is working on a payment product that offers both an instant payment feature and a BNPL one.
BNPL, e-wallet, instant payments, product upgrade, debit card
Katherine Soltane, Senior Client Account Manager at ECOMMPAY, explores the common pain points perceived by end-consumers in the travel and hospitality sectors, and how fintech solutions can fix them.
fintech, travel payments, fraud management, checkout optimisation , online payments
Germany-based fraud prevention company Fraugster has partnered with Worldline to equip merchants with the former’s Chargeback Protection solution.
Fraugster, chargebacks, COVID-19, fraud prevention, partnership
Maike Jansen, Public Affairs Advisor at Ecommerce Europe, shares insights on VBER, the set of rules that will be adopted by the European Commission in 2022, aiming to protect fair competition within the European Single Market
Ecommerce Europe, cross-border ecommerce, VBER, European Commission, omnichannel, marketplace, ecommerce, retail
Stefano Mauro, on behalf of Ecommerce Europe, discusses the main priorities for the European Digital Commerce sector in 2022 and elaborates on six key principles fit for the future
British telecommunications services provider Virgin Media O2 has partnered with media trust The Big Issue to provide the latter with free mobile data for its vendors.
partnership, online payments, ecommerce, mobile banking, online banking
QR code menu ordering system Mr Yum plans to expand outside Australia after an 11 million USD funding, reaching markets from the US and UK.
expansion, QR payments, delivery, ecommerce
Indonesia-based mobile payments company Luna POS has created a biometric payment system in partnership with machine learning solution provider VisionLabs to allow facial recognition.
product launch, biometric authentication, POS, fraud prevention
ecommerce, growth markets, BNPL, Amazon, Flipkart, digital payments
Estonia-based Modularbank, a next-generation core banking platform, has announced its partnership with AI-powered identity verification software provider Veriff.
partnership, Veriff, online banking, digital onboarding, identity verification