Articles with tag: payment service

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

19 Oct 2020 | Payments General

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

Payrix acquires IntegraPay, entering the Australian and New Zealand markets

09 Oct 2020 | Payments General

US-based fintech Payrix has entered the Australian and New Zealand markets following the acquisition of IntegraPay.

Payrix, IntegraPay, acquisition, Australia, New Zeeland, payments, payment service provider, digital payments

Liquid Group, PayME team up to expand cross-border contactless QR payment network

06 Oct 2020 | Mobile Payments

Singapore-based mobile payment service provider Liquid Group has announced a partnership with Vietnam-based cross-border payment service provider PayME.

payment service provider, Liquid Group, PayME, Vietnam, Singapore, QR, payments, cross-border payments, merchants, ecommerce

How to protect your business from common Covid-19 scams

05 Oct 2020 | Digital Identity, Security & Online Fraud

As the Covid-19 crisis has shown how quickly criminals are able to invent new scams and re-purpose old ones, Christian A. Chmiel, Web Shield’s CEO examines some common Coronavirus scams

Christian Chmiel, Web Shield, Covid-19 scams, merchant onboarding, merchants, acquirers, payment service providers, transaction monitoring, BRAM program, RiskConnect Virtual, risk management, compliance

Wirecard to cease payment services in Singapore, MAS directive

02 Oct 2020 | Online Payments

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

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

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

08 Sep 2020 | Mobile Payments

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

PayPal to offer instalments features for US shoppers

01 Sep 2020 | Online Payments

PayPal has announced that it would be offering an interest-free payment option that lets US users make purchases in four instalments.

PayPal, instalments, payment service providers, online payments, ecommerce, United States, North America, Klarna, Afterpay, merchants, buy now pay later, pay later

Global fintech platform Nium receives EMI licence in UK

01 Sep 2020 | Payments General

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

Yas Theme Parks, CellPoint Digital partner to launch Alipay in UAE

27 Aug 2020 | Mobile Payments

CellPoint Digital has been selected by Yas Theme Parks in Abu Dhabi, UAE, to enable the use of Alipay as an online payment method.

CellPoint Digital, Yas Theme Parks, Abu Dhabi, UAE, Alipay, online payment method, alternative payment methods, China, mobile payment method, payment orchestration, Velocity, card schemes, acquirers, payment service providers, PSPs, Velocity Alternative Payment Hub, e-wallets, Google Pay

Eftpos reveals digital payments service

24 Aug 2020 | Online Payments

Australia-based debit card company Eftpos has made its debut in the digital payments space, launching its digital payment service to banks and retailers.

Australia, debit card, Eftpos, digital payments, digital payment service, retailers, merchants, card-on-file payments, micropayment

Fiserv, LeaseQuery partner to enable FIs to improve lease accounting

20 Aug 2020 | E-invoicing, SCF & E-procurement

PSP Fiserv has partnered with LeaseQuery to enabling financial institutions to advance their lease accounting processes and address industry standards.

Fiserv, LeaseQuery, partnership, FIs, financial institutions, lease accounting, Prologue Financials, accounting software, software, Financial Accounting Standards Board, FASB, retail branches, lease liabilities, cloud, automation, user interface, PSP, payment service provider

Western Union enters Brazil with international payment services

07 Aug 2020 | Payments General

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

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

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

Clydestone, Thales partner to offer authentication as a service platform

03 Aug 2020 | Digital Identity, Security & Online Fraud

Ghana-based payments system and fintech solutions provider Clydestone has partnered with Thales to provide an authentication as a service platform.

Clydestone, Thales, TheOne, Ghana, payment service providers, Strong Customer Authentication, SCA, multifactor authentication, MFA, 2FA, transactions, One-time Password, OTP, Thales Dynamic Code Verification, DCV, card-not-present, CNP, static security cryptogram, CVV, dynamic code, PIN, biometric authentication

Diginex launches crypto exchange in Singapore

31 Jul 2020 | Cryptocurrencies

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

PAAY sees growth powered by its EMV 3DS solution

30 Jul 2020 | Digital Identity, Security & Online Fraud

PAAY has announced a 155% YoY growth, while making available its Partner platform that implements and monitors EMV 3DS across multiple merchant accounts.

PAAY, Partner, EMV 3DS, multiple merchant accounts, merchants, ecommerce, ecommerce fraud, fraud prevention, cybersecurity, online retailers, authentication rates, chargeback, 3DS, cart abandonment, card, Visa, Mastercard, ISO, gateway, payment service providers

Gateway diversity. How to win customers and influence transaction success

30 Jul 2020 | Online Payments

Meredith Tomblin, business analytics manager at Spreedly, makes a compelling case for gateway diversity as a sound way of ensuring customer retention and increasing transaction success rates 

Spreedly, Meredith Tomblin, payment gateway, payments, payment orchestration layer, online payments, payment service provider, Europe, US, payments orchestration platform,

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

23 Jul 2020 | Ecommerce

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

The benefits of biometrics in Strong Customer Authentication

20 Jul 2020 | Digital Identity, Security & Online Fraud

Ralf Gladis, CEO of Computop, walks us through the ins and outs of biometric authentication within the confines of Delegated Strong Customer Authentication requirements.

Ralf Gladis, Computop, SCA, Strong Customer Authentication, biometric authentication, 3DS 2.0, PSD2, Payment Service Directive, FIDO, fingerprint authentication, Germany, Europe