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Norway-based Vipps MobilePay has announced the launch of a new version of the MobilePay app to its Danish users, aiming to provide cross-border payments in the Nordics.
mobile payments, digital payments, digital wallet, cross-border payments, Tap-to-Pay
Global payment orchestration platform Yuno has announced that it secured USD 25 million from a consortium of investors, aiming to leverage it to advance operations.
funding, investment, expansion, online payments, payments
The Financial Market Authority (FMA) has initiated an investigation into Raiffeisen Bank International (RBI) over Anti-Money Laundering (AML) failures in Austria.
money laundering, AML, regulation, payment fraud, banking, KYC
We interviewed Emilio Rocchi, Director Marketing Planning International at LexisNexis® Risk Solutions, about the upcoming PSD3 and what changes it brings to better fight fraud and money laundering.
risk management, PSD2, PSD3, fraud management, fraud detection, online fraud, ecommerce, behavioural biometrics, digital banking, checkout optimisation , digital identity, PSP, authorisation rate, IBAN, SCA
Mastercard has announced the launch of MDES Token Connect in India to support tokenization via mobile and internet banking.
tokenization, mobile banking, debit card, transactions
Mastercard has announced a partnership with the US Department of Commerce to help create the US AI Safety Institute Consortium (AISIC).
partnership, artificial intelligence, regulation, research
As the global payments threat landscape becomes increasingly complex, and technology advances at an unprecedented rate, regulatory initiatives follow. Maya Shabi, Senior Threat Detection and Product Strategist at EverC, discusses how this will impact payment providers.
online payments, payments , AML, regulation, financial institutions, financial sanctions, terrorism, cybercrime, funding, compliance
Hong Kong-based fintech FundPark has secured a USD 250 million private loan with Goldman Sachs as a senior facility provider.
funding, investment, SMEs, cross-border ecommerce
Central Bank of Brazil has introduced a new feature for their clients, allowing them to contract consortiums by debiting the value of the first instalment from accounts maintained at other financial institutions.
mobile payments, online payments, online banking, Open Finance, financial institutions
The Payments Association has released a new whitepaper exploring the growth potential and future of cross-border payments.
report, cross-border payments, payments , digital payments, digitalisation
UK-based Embedded Finance platform Railsr has restarted its operation after raising GBP 20 million in a funding round.
embedded finance, online banking, mobile banking, funding, BaaS
We sat down with Richard Albery and Andy Morris from ACI Worldwide to discuss the UK’s New Payments Architecture (NPA), its goals and propositions, and how companies such as ACI adapt to the new initiative.
online payments, account-to-account payment, Variable Recurring Payments, regulation, real-time payments
A group of Spain-based banks have completed a PoC that explores the impact of issuing the digital euro on the existing payments infrastructure.
cryptocurrency, CBDC, banks, payments infrastructure
American Express has announced its plans to pilot facial and fingerprint recognition technologies for user authentication at online checkouts in the US.
product launch, fraud management, fraud prevention, biometrics, biometric authentication, identity theft, identity verification, identity fraud, fraud detection
US-based banking group Goldman Sachs has entered exclusive talks with a group of investment firms to sell the GreenSky business for USD 500 million.
banks, investment, acquisition, lending
A group of banks such as JP Morgan and Bank of America have revealed their plans to launch a mobile wallet named Paze in a bid to compete with Big Tech companies.
mobile payments, digital wallet, partnership, banks
Identity technologies and biometric solution provider IDEMIA has partnered with Airtel Payments Bank and HMD Global to expand the reach of offline CBDC payments in India.
product launch, partnership, CBDC, mobile banking, online banking, digital banking, financial institutions
Safaricom has announced plans to launch M-Pesa in Ethiopia by the end of September 2023 will have it integrated with more banks.
mobile payments, product launch, expansion, financial inclusion, cashless
Mark Haine, Don Thibeau, Nick Mothershaw, and Daniel Goldscheider continue their editorial journey into the digital identity wallet.
South Korean-based internet-only bank KakaoBank has signed a memorandum of understanding with SCBX to obtain a virtual banking license from Thailand’s central bank.
partnership, mobile banking, online banking, digital banking, banking