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UK Finance and Addleshaw Goddard unveil VRP model report

News | Online & Mobile Banking | 24 Apr 2024

UK Finance in collaboration with law firm Addleshaw Goddard has unveiled a report focusing on Variable Recurring Payments (VRPs) within commercial contexts in the UK.

recurring payments, Variable Recurring Payments, PSP, online security

Insights from the Innovate Finance Global Summit (IFGS) 2024

Voice of the Industry | Mobile Payments | 24 Apr 2024

IFGS 2024 brought together industry leaders spanning innovators, fintech executives, institutions, regulators, policymakers, startups, and investors for two days of thought-provoking discussions in one venue.


fintech, financial inclusion, Open Banking, Open Finance, payments , regulation, financial data, cryptocurrency

Al Etihad Payments selects Fime for Jaywan scheme

News | Cards | 19 Apr 2024

Al Etihad Payments, a subsidiary of the Central Bank of the UAE, has chosen Fime to support the establishment of the UAE's domestic card payment scheme, known as Jaywan.

card scheme, financial inclusion, cybersecurity, digital payments

Mastercard launches mobile virtual card application

News | Payments General | 19 Apr 2024

Mastercard has announced the launch of its mobile virtual card application in order to simplify and make travel and business expenses more secure. 

product launch, payments , mobile payments, digital payments, online payments, ecommerce

Frictionless payments: adopting technological advancements to tackle security concerns

Voice of the Industry | Payments General | 18 Apr 2024

Ray Shinzawa, Managing Director at JCB International (Europe), discusses how merchants can adopt technological advances to offer frictionless payments and address security concerns.

payments , credit card, merchants, digitalisation, contactless payments, mobile payments, e-wallet, digital wallet, tokenization, biometric authentication, 3-D Secure, compliance, customer experience

RBI to issue an additional licence framework

News | Digital Identity, Security & Online Fraud | 16 Apr 2024

The Reserve Bank of India (RBI) has planned to issue an additional licence category for point of sale (POS) businesses in a bid to improve the offline payments ecosystem. 

payments aggegator license, KYC, fraud management, fraud prevention, POS

Tencent augments payment experience for China visitors

News | Mobile Payments | 16 Apr 2024

Tencent has streamlined WeChat account registration and card linking to Weixin Pay for international visitors to China to enhance their payment experience.

mobile payments, digital wallet, QR code, cross-border payments, e-wallet

Mastercard expands partnership with Equity Bank

News | Payments General | 15 Apr 2024

US-based payment technology corporation Mastercard has expanded its collaboration with Equity Bank in a bid to improve cross-border payments for the latter’s users. 

partnership, cross-border payments, transactions , financial services, expansion, remittance

allpay partners with Crown Commercial Service

News | Online & Mobile Banking | 28 Mar 2024

allpay has been appointed as the supplier of Crown Commercial Service’s Open Banking and Fund Administration & Disbursement Services Dynamic Purchasing Systems. 

partnership, banking, online banking, mobile banking, digital banking, Open Banking, Open Finance

Gen Z generation most exposed to fraud, Sift says

News | Digital Identity, Security & Online Fraud | 28 Mar 2024

US-based fraud detection provider Sift has released its Q1 2024 Digital Trust & Safety Index, which reveals that Gen Z is the closest generation to fraud.

report, fraud prevention, fraud detection, cybersecurity, research

Monzo signs up for 159 anti-fraud service

News | Digital Identity, Security & Online Fraud | 28 Mar 2024

UK-based digital bank Monzo has signed up for 159, the phone service that connects individuals with their bank when they receive a suspect call on financial matters. 

fraud management, fraud prevention, online banking, digital banking, online security

Visa, Mastercard announce US merchant settlement

News | Payments General | 27 Mar 2024

US-based Visa and Mastercard have announced their legal settlement with US merchants, aiming to minimise and cap their credit card interchange rates. 

settlement, payments , payment processing, merchants, SMEs

Westpac launches SaferPay

News | Digital Identity, Security & Online Fraud | 26 Mar 2024

Australia-based Westpac has announced the launch of SaferPay into its app and internal portal, in order to use AI to challenge suspected payments to scammers.

product launch, artificial intelligence, fraud management, fraud detection, fraud prevention, online fraud, cybercrime

Mastercard releases report on remittances in LATAM

News | Online Payments | 25 Mar 2024

US-based payment technology corporation Mastercard has released a whitepaper on the current status of cross-border payments in Latin America. 

online payments, cross-border payments, remittance, money remittance, digital payments, digitalisation, financial inclusion

Union54 introduces ChitChat in Zambia

News | Online Payments | 25 Mar 2024

Zambia-based card issuing fintech startup Union54 has announced the launch of ChitChat in the region, aiming to improve the digital finance and social commerce landscape in Africa. 

product launch, digital wallet, digital payments, partnership, social commerce, financial inclusion

Federal Bank launches Flash Pay through NPCI partnership

News | Payments General | 25 Mar 2024

Federal Bank has launched its Flash Pay tool in partnership with NPCI, to provide India-based clients with contactless payments at NCMC-enabled metro stations.

partnership, product launch, payments , online payments, mobile payments, digital payments, ecommerce

The Paypers global partnerships analysis Q4 2023 – banking and fintech

Voice of the Industry | Online & Mobile Banking | 22 Mar 2024

The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments. 

partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series

Float secures USD 11 million from Standard Bank

News | Payments General | 22 Mar 2024

Float has secured USD 11 million in funding round from Standard Bank, aimed at the acceleration of its development strategy and the rollout of its platform. 

partnership, funding, investment, payments , online payments, mobile payments, digital payments, ecommerce, financial inclusion

A balancing act: perfecting customer experience amidst evolving payment regulations

Voice of the Industry | Digital Identity, Security & Online Fraud | 19 Mar 2024

LexisNexis® Risk Solutions experts Edward Metzger and Emilio Rocchi discuss PSD3, emphasising innovative fraud solutions for EU payment security while prioritising a balance between customer experience and safety.

PSD3, PSR, regulation, compliance, fintech, Open Banking, PSP, TPP, payments , paytech, data, instant payments, data privacy, APP fraud, fincrime, risk management

Riksbank advocates measures for an improved payment system

News | Online Payments | 15 Mar 2024

Sveriges Riksbank has advocated for a series of measures aimed at improving the safety, efficiency and accessibility of the Swedish payment system.

payments , central bank, digitalisation, digital payments