Articles with tag: payment transactions

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Paysafe extends partnership with Microsoft to enable online cash payments

News | Online Payments | 24 Dec 2020

Paysafe has extended its longstanding relationship with Microsoft that will see the tech giant offer an online cash payment option to millions of Microsoft customers.

Paysafe, online cash payments, Microsoft, partnership, Europe, payment transactions, bank account, credit card, paysafecard

Why most account fraud strategies fail?

Voice of the Industry | Digital Identity, Security & Online Fraud | 02 Dec 2020

Srividya Sunderamurthy, Vesta, explains why it’s important to have an orchestrated fraud hub that can provide cohesive and contextualised ML-based decisioning to connect account activity (sign-up to account usage) and stop transaction fraud and improve your business overall

Srividya Sunderamurthy, Vesta, orchestrated fraud hub, transaction fraud, ML, machine learning, fintechs, FIs, merchants, payment transactions, authorisation, behavioural biometrics, accounts, bad actors

Raiffeisen Switzerland, CoCoNet work on service offering for the bank's corporate customers

News | Payments General | 20 Nov 2020

Raiffeisen Switzerland has teamed up with software provider CoCoNet to launch a joint project to introduce a new service offering for the corporate customers of the Raiffeisen banks.

Raiffeisen Switzerland, CoCoNet, partnership, bank, corporate customers, cash management, payment transactions, data exchange

Cards to exceed cash payments in Germany, Euromonitor says

News | Cards | 17 Sep 2020

Market research company Euromonitor International has launched a white paper indicating that card payment value in Germany is projected to surge, while cash will drop by 2025.

Germany, Euromonitor International, cards, credit cards, cash payments, cash transactions, card payment transactions, Europe,

Visa invests in MagicCube to facilitate the acceptance of secure payment transactions

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

MagicCube has recieved an investment from Visa to facilitate the acceptance of secure payment transactions for merchants and consumers.

MagicCube, investment, Visa, secure payment transactions, merchants, Tap to Phone, security, contactless cards, PIN, biometrics, terminals, financial institutions, point-of-sale

The A-Z of the Interchange Fee Regulation and how it shifts the industry – Interview with Payments Europe

Interviews | Online Payments | 24 Jul 2020

Robrecht Vandormael, Secretary General from Payments Europe, explains the impact of the European Interchange Fee Regulation on merchants, card issuers, and payment providers and what we can expect from the future.

Robrecht Vandormael, Payments Europe, Interchange Fee Regulation, Regulation on Interchange Fees for Card-based payment transactions, European Commission, EY, Copenhagen Economics, interchange fees, cards, credit cards, card issuers, Belgian Minister of Economy, PSD2, SCA, payments, POS, merchants, retail, ecommerce

EMVCo reveals guidelines to help the travel sector fight against transaction fraud

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

EMVCo has produced guidelines on how the travel industry can provide data to payment card issuers to better verify the authenticity of an ecommerce transaction using current payment authentication processes.

EMVCo, travel, transaction fraud, security, payment transactions, airlines, IATA, risk decisioning

AEP teams up with SIA to allow payments with contactless cards at subways and bus lines

News | Online Payments | 13 Jul 2020

AEP, an Italy-based company in the field of electronic ticketing systems and devices for public transport, has teamed up with SIA, a hi-tech company in the payment services and infrastructures sector controlled by CDP Equity. 

AEP, partnership, SIA, payments, contactless cards, subways, bus lines, digital platform, credit cards, debit cards, management, authorisation, accounting, payment transactions

Bittrex, Mastercard partner to fund accounts

News | Cryptocurrencies | 22 Jun 2020

US-based crypto exchange Bittrex has announced it is accepting Mastercard as a source for funding user accounts.

Bittrex, Mastercard, cryptocurrency, crypto exchange, processing fee, funding limits, credit card deposit, payment transactions, authentication, 3DSecure, Visa, debit cards, wire transfers

BlueSnap, Splitit to facilitate instalment payment transactions

News | Online Payments | 04 Jun 2020

BlueSnap has revealed its integration with Splitit in a partnership that will facilitate the merchant and customer experience on instalment payment transactions. 

BlueSnap, Splitit, merchant, customer experience, instalment payments, payment transactions, credit card, payment gateway, accounts, cart abandonment, checkout, omnichannel, fees

Biometrics to secure USD 2.5 trillion in mobile payments by 2024

News | Digital Identity, Security & Online Fraud | 03 Dec 2019

Biometric authentication will be used to secure USD 2.5 trillion worth of mobile payment transactions by 2024, a new report from Juniper Research has found.

mobile payment transactions, smartphones, Biometric Authentication, fingerprint, iris, voice, facial recognition, SCA, 2FA, study, Juniper Research

Semafone adds new features to its Cardprotect Voice+ payments solution

News | Online Payments | 01 Oct 2019

Data security and multi-channel compliance solutions provider Semafone has added new features to its patented telephone payments solution: Cardprotect Voice+.

Semafone, Cardprotect Voice+, payments, data security, cards, payment transactions, compliance, solution provider

BHMI to support back office functionality of the Zelle Network

News | Online Payments | 06 Aug 2019

BHMI has announced that Early Warning Services has selected Concourse to support disputes management for payment transactions processed by the Zelle Network.

BHMI, US, Zelle Network, payments, payment transactions

Consolidation of EBAs fraud reporting requirements demanded by European fraud experts

News | Digital Identity, Security & Online Fraud | 09 Apr 2019

European fraud experts are calling on EU regulators to put on hold the implementation of the EBA Guidelines on Fraud Reporting under PSD2.

EBA, fraud reporting, fraud experts, EU regulators, PSPs, payment transactions, fraudulent payment transactions

Reconciling Consent in PSD2 and GDPR

Voice of the Industry | Expert Opinion | 22 Mar 2019

Niels Vandezande from Timelex speaks about explicit consensus, stressing upon PSD2 and GDPR, as well as EDPB’s guidance over these matters

Niels Vandezande, Timelx, PSD2, PSP, AISP, PISP, GDPR, payment accounts, payment transactions, regulations, compliance conundrum, EDPB

IDEX, Infineon team up for biometric card solutions

News | Cards | 28 Nov 2018

IDEX Biometrics and Infineon Technologies have planned to integrate IDEX biometrics technology into platforms featuring Infineon’s secure elements.

IDEX, Infineon, partnership, cards, security, payment transactions, API, biometrics

Google rolls out new biometric authentication API for Android P

News | Digital Identity, Security & Online Fraud | 22 Jun 2018

Google has announced plans to improve biometrics in its upcoming operating system Android P.

Google, biometrics, security API, authentication, passwords, software, machine learning, payment transactions

Sberbank completes payment transaction using blockchain technology

News | Cryptocurrencies | 04 Dec 2017

Sberbank has successfully completed a payment transaction using blockchain technology, making this type of transaction the first of its kind in Russia.

Sberbank, Russia, blockchain, payment transactions, blockchain payments, Ethereum