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Bangladesh-based Mutual Trust Bank (MTB) has announced its plans to launch biometric payment cards based on IDEX Pay, IDEX Biometrics’ solution.
biometrics, biometric authentication, credit card, debit card, product launch, payments
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
Telecommunications operators Cell C, MTN, and Telkom have welcomed the launch of two universal APIs available in South Arica that combat fraud and digital identity theft.
API, fraud prevention, digital identity, cybercrime, cybersecurity
AI-driven global payment provider and shopping assistant Klarna has launched its Sign in with Klarna product to offer clients an optimised shopping experience.
product launch, payments , online payments, mobile payments, digital payments, ecommerce, online shopping, customer experience, checkout optimisation
Sachin Shah delves into the fraud landscape in the APAC region, outlining proactive measures taken to curb and prevent fraudulent activities.
identity theft, identity fraud, social engineering, fraud prevention, money laundering, data sharing
Fraud Specialist Brian Davis discusses the state of fraud in the US during this year’s Valentine’s Day, emphasising on the increase in chargebacks and romantic scams.
fraud detection, online fraud, ecommerce, chargebacks, scam, romantic scam, fraud management
US-based expense management platform Fyle has announced a new integration with American Express to help users issue on-demand virtual cards.
partnership, virtual card, personal finance management, payments
In the ever-changing game of fraud, the recent development of GenAi weights heavily on fraud detection and prevention businesses. Uri Arad, Co-Founder and CTO at Identiq, discusses how GenAI tools can be used to deter fraudsters.
fraud prevention, ecommerce, generative AI, KYC, identity fraud, bot attacks
The Abu Dhabi Islamic Bank has announced the launch of its ADIB Business Souq, a B2B marketplace developed to optimise the development of SMEs in the UAE.
product launch, online banking, mobile banking, digital banking, banking, SMEs, financial services, financial institutions
UK-based TABBx has announced the launch of TABBit, an app that intends to simplify and improve payment request sharing between friends and family in the region.
mobile payments, mobile banking, Open Banking, Open Banking payments, product launch
Jordan Chavis from the MRC discusses the challenges of the on-going holiday season and how merchants need to mitigate friendly fraud and chargebacks to keep the phenomenon to a minimum and not cause extra friction to the trustworthy shoppers.
chargebacks, friendly fraud, holiday fraud, ecommerce, fraud detection, online fraud, payment fraud, first-party misuse, generative AI, artificial intelligence, scam, account takeover, phishing, online shopping
AI-powered fraud and risk platform DataVisor has expanded its end-to-end platform capabilities by integrating SMS customer authentication for fraudulent transactions.
artificial intelligence, machine learning, fraud prevention, transaction monitoring, fraud detection
Global cloud communications platform Infobip has partnered with AuthVia in order to bring secure payment and transaction capabilities to messaging channels.
partnership, mobile payments, online payments, digital payments, payments , ecommerce
Commonwealth Bank (CBA) and Vodafone have announced a new intelligence sharing pilot designed to help protect customers from rising SMS scams.
scam, fraud management, fraud detection, phishing, partnership
US-based authentication company 1Kosmos has announced the successful integration of its Block ID platform with Amazon Cognito.
partnership, multi-factor authentication, identity verification, online authentication
QIB has partnered with Visa and ecolytiq to launch its new Carbon Emission Tracker feature, aiming to develop an eco-conscious banking experience for its Qatar clients.
partnership, product launch, carbon footprint, mobile banking, online banking, digital banking, financial services, financial institutions
Cashfree Payments has launched BBPS-Biller Solution which facilitates and simplifies interoperable bill payment collection for Indian businesses.
payments , API, payout, product launch
UK-based Gala Technology has integrated its SOTpay platform with the ORACLE OPERA Cloud Property Management System (PMS).
partnership, travel payments, online payments, payments
Cashfree Payments has launched its KYC Link, a no-code verification service that is set to accelerate the digitalisation process of Indian businesses.
product launch, KYC, fraud management, fraud detection, fraud prevention, online fraud, digitalisation
B2B Software-as-a-Service platform VerityPay has announced that it introduced an SMS integration for Business-to-Consumer (B2C) payments.
payment methods, digital wallet, digital payments, mobile payments, payments , B2B2B2C