Articles with tag: payment services

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Juspay acknowledges data breach, says card details of users were not compromised

News | Digital Identity, Security & Online Fraud | 05 Jan 2021

Juspay, a India-based company that provides payment services to ecommerce giants such as Amazon and Swiggy, has confirmed a data breach that took place in August 2020.

Juspay, India, payment services, ecommerce, data breach, breach, card data, two-factor authentication

Arcadier, Rapyd partner for payment services for global marketplaces

News | Online Payments | 18 Dec 2020

Arcadier, a marketplace builder technology company, has revealed its partnership with global Fintech-as-a-Service company Rapyd

Arcadier, Rapyd, partnership, payment services, marketplaces, local payment methods

Payfort becomes Amazon Payment Services across MENA

News | Online Payments | 14 Dec 2020

Amazon has revealed it completed Payfort integration, three years after Souq acquisition, Gulf Business reports.

Amazon Payment Services, Payfort, MENA, acquisition, online payments, instalments, authentication, local payment methods, UEA

EVONET Global raises USD 30 mln in Series A funding round

News | Online Payments | 02 Dec 2020

Wallet network aggregator EVONET Global has raised USD 30 million in a Series A funding round.

EVONET Global, funding round, funding, Series A, payment services, mobile wallet, cross-border retail, QR code, remittance, insurance

Rapyd launches its suit of payment capabilities in Thailand

News | Online & Mobile Banking | 02 Dec 2020

Singapore-based Rapyd, a Fintech-as-a-Service company, has announced the launch of its suite of payment capabilities in its seventh global market - Thailand.

Rapyd, FaaS, expansion, Thailand, payment services, Global Payments Network, ewallets, cards

Monetary Authority of Singapore to adopt enhanced Financial Action Task Force standards

News | Digital Identity, Security & Online Fraud | 11 Nov 2020

The Monetary Authority of Singapore (MAS) has recently proposed amendments to the Payment Services Act (PS Act).

Monetary Authority of Singapore, MAS, Payment Services Act, VASPs, AML, FATF, crypto providers, virtual assets, Singapore

Repay to buy B2B payments solution provider CPS Payment Services

News | Payments General | 29 Oct 2020

US-based integrated payment solutions provider Repay Holdings has inked a deal to acquire accounts payable (AP) automation provider CPS Payment Services (CPS), reports Electronic Payments International.

Repay, B2B payments, CPS Payment Services, M&A, acquisition, virtual cards

Commercial Bank of Dubai, NOW Money to provide financial inclusion across the UAE

News | Payments General | 19 Oct 2020

Commercial Bank of Dubai (CBD) has signed a partnership agreement with NOW Money, a digital account service, to provide accounts and cards targeted specifically at low-income customers.

Commercial Bank of Dubai, CBD, financial inclusion, NOW Money, banking, digital banking, Payment Services Provider, payroll service, financial inclusion

Wirecard to cease payment services in Singapore, MAS directive

News | Online Payments | 02 Oct 2020

The Monetary Authority of Singapore (MAS) has directed Wirecard entities to cease their payment services in Singapore, according to straitstimes.com.

MAS, Wirecard, payment services, Singapore, payment services, Monetary Authority of Singapore, customer funds, Germany, digital payments, bankruptcy, bank accounts, Phillipines, APAC, Asia Pacific, Pasir Panjang, Wirecard SG, merchants, e-payments, Nets, PayNow, SGQR, pre-paid cards, credit cards, card payments

Bank of Georgia secures USD 50 mln trade finance facility with Citi

News | E-invoicing, SCF & E-procurement | 18 Sep 2020

Bank of Georgia has signed a USD 50 million one-year trade finance facility with US-based bank Citigroup.

Bank of Georgia, Citi, trade finance, facility, Citigroup, bank, reimbursement, trade advances, retail banking, payment services, corporate banking, investment banking, wealth management, trade finance solutions

TipMe drives ecommerce and cashless transactions in Liberia

News | Mobile Payments | 08 Sep 2020

Electronic payment service provider TipMe has launched to provide individuals and businesses access affordable financial products and services that meet their needs.

TipMe, launch, cashless, mobile money wallet, mobile wallet, Visa, Mastercard, LEC tokens, bill payment services, ecommerce

Global fintech platform Nium receives EMI licence in UK

News | Payments General | 01 Sep 2020

Nium, a global financial technology platform, has received the Electronic Money Institution (EMI) licence from the Financial Conduct Authority (FCA) in the United Kingdom to issue e-money and provide cross-border digital payment services in the UK.

Nium, fintech, financial technology platform, Electronic Money Institution, EMI licence, FCA, UK, e-money, cross-border digital payment services

Western Union enters Brazil with international payment services

News | Payments General | 07 Aug 2020

Cross-border and cross-currency payments provider Western Union has announced a partnership with Banco SEMEAR in Brazil to offer the WU GlobalPay for FI platform.

Western Union, Brazil, Banco SEMEAR, WU GlobalPay for FI, cross-border, cross-currency, payments, platform, banking system infrastructure, international payment services, online platform, Business Solutions, processing transactions, financial institutions

BNY Mellon offers SWIFT gpi Case Resolution service

News | E-invoicing, SCF & E-procurement | 04 Aug 2020

BNY Mellon has collaborated with SWIFT to offer the gpi Case Resolution service to US-based clients.

BNY Mellon, SWIFT, gpi, Case Resolution, US, United States, client-centric payment services, global payments innovation, cloud, banks, inquiries, compliance, payments, cross-border payments, fees

Diginex launches crypto exchange in Singapore

News | Cryptocurrencies | 31 Jul 2020

Hong Kong-based Diginex has launched a cryptocurrency exchange in Singapore, where it currently operates under a ‘temporary exemption’ from licensing. 

Diginex, cryptocurrency, crypto exchange, Singapore, temporary exemption, license, Hong Kong, Nasdaq, EQUOS.io, crypto trading, spot trading, blockchain, Payment Services Act, 8i Enterprises Acquisition, Major Payment Institution

eBay to sell its business unit to Adevinta for USD 9.2 bln

News | Ecommerce | 23 Jul 2020

eBay has revealed it reached a deal to sell off its Classifieds business unit to Adevinta, a Norway-based classified ads publisher majority owned by Norwegian publisher Schibsted.

Adevinta, acquisition, eBay, Classifieds, ecommerce, payment services, regulations

Google to offer loans through Google Pay for Business to India-based merchants

News | Mobile Payments | 26 Jun 2020

Google has announced it will offer credit to millions of merchants in India through its Google Pay for Business app in late 2020.

Google, loans, India, merchants, Google Pay for Business, COVID-19, Nearby Stores, WhatsApp Pay, payment services

Spanish fintech Strands receives AISP license

News | Online & Mobile Banking | 24 Jun 2020

Strands, a Spain-based fintech, has been granted an AISP license as it prepares to expand its PSD2 services offering. 

Spain, fintech, AISP, PSD2, Strands, payments, Payment Services Directive, banks

5 golden rules of ePayments

Voice of the Industry | Digital Identity, Security & Online Fraud | 05 Jun 2020

As epayments become more intermingled with physical card transactions from tech giants, Anne Bailey from KuppingerCole reviews some golden rules of e payments for merchants

Tokenisation, encryption, transaction security, PIN, epayments, KuppingerCole, security, merchants, data protection, banks, payment services, Anne Bailey

Worldline launches a new SoftPos payment solution in Poland

News | Mobile Payments | 04 Jun 2020

Worldline owned SIX Payment Services, together with Poland-based fintech SOFTPOS, have launched SoftPoS mobile terminal.

Worldline, SoftPos, SIX Payment Services, mobile payments, mobile POS solution, Poland, Europe