Articles with tag like: pandemic

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Flipkart brings a series of initiatives to support its sellers and artisans

News | Ecommerce | 10 May 2021

Flipkart has extended various initiatives for MSMEs, small scale sellers, artisans, weavers, and handicraft partners, helping them tide through challenges in the current scenario.

Flipkart, merchants, ecommerce, COVID-19, pandemic

Benefits and risks of CBDCs - Interview with Payments Canada

Interviews | Cryptocurrencies | 27 Apr 2021

The Paypers sat with Cyrielle Chiron, Payments Canada to unveil some key takeaways from Wholesale and Retail Central Bank Digital Currencies event organised by Open Banking Expo

CBDC, Open Banking, retail, pandemic, COVID-19, digital payments, contactless payments, central bank, regulation

Interview on CBDCs with James Pomeroy, Global Economist, HSBC

Interviews | Cryptocurrencies | 23 Apr 2021

Ahead of Open Banking Expos virtual event on CBDCs, The Paypers has sat with James Pomeroy, Global Economist at HSBC to delve into the latest CBDC projects and highlight the benefits, risks, unknowns these projects entail

Open Banking, CBDC, stablecoin, cryptocurrency, digital payments, pandemic, Bitcoin, blockchain, central bank, banks

Gaming, fraud and chargebacks - how to tackle pandemic challenges with automation

Voice of the Industry | Online Payments | 21 Apr 2021

Devin Kleu of Ciklum explains how payment providers can harness the power of intelligent automation to cope with the exponentially increasing demands and challenges that have surfaced - or been accelerated - during the pandemic

fraud management, chargebacks, pandemic, digital payments, cashless, payment methods, COVID-19, cross-border payments, machine learning, artificial intelligence

AI-based intelligent verification and authentication are coming

Voice of the Industry | Digital Identity, Security & Online Fraud | 19 Feb 2021

Ralph A. Rodriguez, Summit Partners, believes in an AI-based intelligent verification and authentication solution and explains towards where the future of identity is moving 

Ralph A. Rodriguez, Summit Partners, digital identity, behavioural biometrics, authentication, online identity, COVID-19, pandemic, coronavirus, online accounts, banking, ecommerce, KYC, AML blockchain

Goldman Sachs reintroduces Marcus to new UK savers

News | Online & Mobile Banking | 12 Feb 2021

Goldman Sachs has reopened its Marcus savings account to new UK customers, according to AltFi.

Goldman Sachs, Marcus, UK, savings account, online banking, COVID-19, pandemic

Mobile payments acceptance increases in Spain, Pecunpay reveals

News | Mobile Payments | 11 Feb 2021

Pecunpay has revealed that Spain is gradually increasing the use and acceptance of mobile payments, while the use of cash is decreasing.

Pecunpay, study, research, Spain, mobile payments, pandemic, COVID-19

Commerzbank suffers USD 3.3 bln Q4 loss amid restructuring and COVID-19

News | Payments General | 11 Feb 2021

Germany-based Commerzbank has declared a USD 3.3 billion loss in the fourth quarter of 2020, as the lender undergoes major restructuring and deals fallout from the pandemic, according to Reuters.

Commerzbank, loss, restructuring, COVID-19, bank, Germany, pandemic, lender, branch closure, mBank

What merchants should do to address evolving fraud

Interviews | Digital Identity, Security & Online Fraud | 04 Feb 2021

Rahul Pangam, VP, Trust Solutions and Simility at PayPal, discusses the impact the pandemic has had on the digital world and how fraudsters, consumers, and merchants are refining their methods in response 

Rahul Pangam, PayPal, merchants, fraud, COVID-19, pandemic, coronavirus, consumer behaviour, fraud prevention, synthetic ID, card fraud, phishing emails, PII, crime-as-a-service, risks, transactions , machine learning, artificial intelligence

Visa introduces AI-powered services for smarter payments

News | Payments General | 03 Feb 2021

Visa has launched VisaNet +AI, a suite of AI-powered services that address long-standing challenges and pain points for banks, merchants, and consumers.

Visa, launch, VisaNet +AI, banks, merchants, transaction authorisations, COVID-19, coronavirus, pandemic, cardholders

Ecommerce in Germany was worth EUR 83.3 bln in 2020, Bevh reported

News | Online Payments | 02 Feb 2021

Ecommerce association Bevh has reported that ecommerce in Germany was worth EUR 83.3 billion in 2020.

BEHV, study, research, ecommerce, Germany, coronavirus, pandemic, online retail, online shopping

Brazil enters first phase of Open Banking

News | Online & Mobile Banking | 01 Feb 2021

The Central Bank of Brazil has entered the first phase of Open Banking, according to an official statement from the bank.

Brazil, Open Banking, central bank, regulation, COVID-19, pandemic, PIX, Open Finance, Open Data

FCA proposes changes to SCA-RTS and to payments and e-money guidance

News | Online & Mobile Banking | 29 Jan 2021

The UK’s FCA has proposed amendments to their Technical Standards on Strong Customer Authentication and Common and Secure Methods of Communication, among others. 

FCA, SCA-RTS, payments, e-money, guidance, Open Banking, electronic money, CP21/3, SCA, RTS, innovation, COVID-19, pandemic, coronavirus

COVID-19 accelerates ecommerce market growth in Japan, says GlobalData

News | Ecommerce | 22 Jan 2021

GlobalData has revealed that the growth in Japan's ecommerce market has been further accelerated by the COVID-19 pandemic.

GlobalData, research, study, Japan, ecommerce, COVID-19, pandemic, cards, alternative payment solutions

FIs partner with Jack Henry to use EMV contactless cards

News | Cards | 21 Jan 2021

Jack Henry has announced that an increasing number of financial institutions are using its EMV contactless cards, according to the official press release.

financial institutions, United States, US, Jack Henry, EMV, contactless, cards, contactless payments, debit, credit, CPS, bank, credit union, COVID-19, pandemic

Card payments growth in Australia declines in 2020 due to COVID-19, reveals GlobalData

News | Cards | 21 Jan 2021

GlobalData’s Payment Cards Analytics has revealed that the value of card payments in Australia is estimated to register a subdued growth of 1.9% in 2020 against the previous estimate of 5.3%.

Global Data, research, analysis, s Payment Cards Analytics, cards, card payments, Australia, pandemic, COVID-19, coronavirus, contactless payments

Malaysia-based e-wallet Touch 'n Go in talks to raise USD 150 mln

News | Mobile Payments | 21 Jan 2021

A Malaysian e-wallet operator owned by CIMB Group and China’s Ant Group (Touch ‘n Go) has negotiated with investors to raise at least USD 150 million to fund expansion plans.

TNG Digital, CIMB Group, Ant Group, Malaysia, e-wallet, investment, funding round, fundraising, coronavirus, pandemic, Touch ‘n Go

Future-proof cross-border banking

Voice of the Industry | Payments General | 20 Jan 2021

COVID-19 has caused financial institutions to rapidly accelerate their digitalisation strategies. Anders la Cour of Banking Circle unveils the vital role of digital financial infrastructure in rebuilding international banking to stand firm in an uncertain and unpredictable future

Anders la Cour, Banking Circle, COVID-19, pandemic, digitalisation strategies, international banking, cross-border payments, cross-border transfers

Fighting online merchant fraud must be done globally and is essential to keep trust in online payment

Voice of the Industry | Digital Identity, Security & Online Fraud | 28 Jan 2021

Jorij Abraham from Ecommerce Foundation, Scamadviser, discusses that although the growth of online scams is hurting the industry, it is essential to keep trust in online payments

Jorij Abraham, Ecommerce Foundation, Scamadviser, payment methods, money laundering, merchant, fraud, merchant fraud, cryptocurrency, Ponzi, risks, COVID-19, coronavirsu, pandemic, chargebacks, GDPR

How the pandemic will feed an account takeover explosion

Voice of the Industry | Digital Identity, Security & Online Fraud | 22 Jan 2021

Al Pascual, Breach Clarity has explained why he believes that 'until strong authentication becomes more the norm than the exception, fraudsters armed with compromised credentials will only drive ATO higher among ecommerce merchants'

Al Pascual, Breach Clarity, account takeover, pandemic, COVID-19, coronavirus, card data, merchants, online transactions, ecommerce fraud, authentication, login credentials, risks