Articles with tag: transaction

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Responding to the pandemic: future trends in global payments

28 Sep 2020 | Ecommerce

Wei Zhihong of UnionPay International takes a close look at the ecommerce trends that emerged during the COVID-19 pandemic and how will the industry look like from now on.

Wei Zhihong, UnionPay International, Payment Methods Report, ecommerce, online payments, ecommerce payments, lockdown, online transactions, on-demand delivery, pandemic, ecommerce platform, electronic payments

ISO 20022 migration to continue despite delays, Deutsche Bank paper

25 Sep 2020 | Online & Mobile Banking

Deutsche Bank has released a new ‘Guide to ISO 20022 migration’ whitepaper, which offers an update regarding industry shift to the de facto global standard for financial messaging: ISO 20022.

ISO 20022, Deutsche Bank, migration, report, Guide to ISO 20022, industry shift, financial messaging standard, global standard, SWIFT, market infrastructures, correspondent banking, Transaction Management Platform, TMP, central transaction processing, ECB, EBA CLEARING, Bank of England

Why it's time for merchants to take control of the road to PSD2 SCA

24 Sep 2020 | Digital Identity, Security & Online Fraud

Mari-anne Bayliss, Senior Director, Cybersource Regional Solutions, talks to The Paypers about the changes associated with the PSD2 strong customer authentication (SCA) requirement, and why merchants must make sure they're ready by the time it comes into force

Mari-anne Bayliss, Cybersource, SCA, PSD2, merchants, issuers, acquirers, ecommerce payments, authentication, EBA, fraud, transactions, cross-border transactions

58 percent of Hungry-based consumers are frustrated with ecommerce

23 Sep 2020 | Ecommerce

Ecommerce News has reported that over an half of the nearly 3.5 million online shoppers in Hungary, consider ecommerce a frustrating experience.

ecommerce, Hungary, shopping experience, checkout, cart abandonment, unreliable website, unknown payment page, failed transactions, Payment Experience Report, Frontìra, Mastercard, online shopping, merchant, payment solutions, GKI, COVID-19, online shoppers

CoinPayments announces strategic partnership with Shopify

23 Sep 2020 | Cryptocurrencies

Canada-based omni-channel commerce platform Shopify has announced a partnership with crypto payment processor CoinPayments.

CoinPayments, Shopify, partnership, cryptocurrency, omnichannel ecommerce, ecommerce platform, Canada, US, North America, cross-border payments, transaction fees, digital currency

Goldman Sachs, Volante roll out cloud-based digital transaction banking

23 Sep 2020 | Online & Mobile Banking

US-based cloud payments and financial messaging service provider Volante Technologies and Goldman Sachs have announced a digital transaction banking service built entirely from scratch in the cloud.

Goldman Sachs, Volante, cloud-based, digital transaction banking, Volante Technologies, cloud payments, financial messaging, payments technology, platform, Goldman Sachs Transaction Banking Platform, banks, corporate clients, partners, API, analytics, liquidity management, virtual accounts, VolPay, domestic payments, international payments, FX, ACH, SWIFT, cross-border payments

Logitravel, Destinia start accepting UnionPay

23 Sep 2020 | Online Payments

UnionPay International has announced that travel companies Logitravel and Destinia have started accepting UnionPay.

UnionPay, Logitravel, travel, OTAs, online transactions

Tribe Payments, Currencycloud partner to bring Banking-as-a-Service solution

22 Sep 2020 | Online & Mobile Banking

Currencycloud has partnered with Tribe Payments to deliver complete transparency to foreign exchange costs charged on international card transactions.

Currencycloud, Tribe Payments, foreign exchange, FX, card transactions, multi-currency wallets, Currencycloud Spark

Akbank selects Featurespace's ARIC Risk Hub to boost fraud protection

22 Sep 2020 | Digital Identity, Security & Online Fraud

Featurespace, provider of enterprise financial crime prevention software has announced that Turkey-based Akbank has selected the ARIC Risk Hub to reduce fraud risk.

Akbank, Featurespace, fraud protection, partnership, Turkey, transaction decline, DVA Bilgi Teknolojileri, fraud detection, ARIC Risk Hub

How we bring trust to the digital world – Interview with ThreatMark

22 Sep 2020 | Digital Identity, Security & Online Fraud

Michal Tresner, ThreatMark: We want to change the current security paradigms by providing a trust-first anti-fraud solution to the businesses so they can secure seamless user experience to legitimate users while keeping the fraudsters away

Michal Tresner, ThreatMark, security, trust, fraud prevention, interview, machine learning, digital identity, banks, behavioural biometrics, transaction analysis, authentication, transaction monitoring, behavioural profiling, banking, artificial intelligence

Google Pay introduces tap-to-pay option for SBI Card users in India

21 Sep 2020 | Mobile Payments

India-based credit card issuer SBI Card has announced a collaboration with Google to enable customers to use their cards on Google Pay platform.

NFC, India, tap-to-pay, SBI Card, Google Pay, mobile payments, Asia, APAC, NFC payments, contactless payments, credit cards, card, secure transaction, tap-and-ăay

Cards to exceed cash payments in Germany, Euromonitor says

17 Sep 2020 | Cards

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,

Answer Pay and Mastercard complete the first live Request to Pay transactions

17 Sep 2020 | Payments General

Answer Pay and Mastercard have completed the first live Request to Pay transactions in the UK. 

Answer Pay, Mastercard, Request to Pay, transactions, payments

Visa rolls out roadmap regarding the future of payment security in Bangladesh

17 Sep 2020 | Digital Identity, Security & Online Fraud

Visa has launched its future of security roadmap for Bangladesh, with a detailed plan to further strengthen payment security over the coming three years.

Visa, security roadmap, Bangladesh, payment security, EMV 3DS, credentials, sensitive payment data, stolen account details, fraud, merchants, securing payments, tokenization, mobile transactions, ATM EMV, real-time fraud monitoring

Visa launches Click to Pay in Canada to transform the online checkout experience

16 Sep 2020 | Online Payments

Visa has announced the expansion of Click to Pay in Canada, helping consumers make secure purchases across various merchants and ecommerce platforms.

Visa, Canada, Click to Pay, merchants, ecommerce, EMV Secure Remote Commerce, Visa Checkout, card, checkout, biometrics, recurring payments, digital transactions, tokenization, cardholder

Meniga signs partnership with Nexi Open

15 Sep 2020 | Online & Mobile Banking

Nexi, the Italian PayTech in digital payments, has signed a partnership with Meniga, the fintech in the development of personal & business financial management solutions.

Meniga, Nexi Open, personal financial management, transaction aggregation, Business Financial Manager, small businesses

Advanced Fraud Solutions issues report on the rise of mobile deposit scams

15 Sep 2020 | Digital Identity, Security & Online Fraud

US-based provider of deposit fraud detection software Advanced Fraud Solutions (AFS) has announced the release of a new report, Beware of Mobile Deposit Scams.

Advanced Fraud Solutions, AFS, report, study, research, fraud prevention, mobile banking, mobile banking app, TrueChecks, securing transaction, cybersecurity, world

LexisNexis Risk Solutions reveals new risks for EMEA in online channels during the pandemic

15 Sep 2020 | Digital Identity, Security & Online Fraud

LexisNexis Risk Solutions has released its biannual Cybercrime Report, which tracks global cybercrime activity from January 2020 through June 2020.

LexisNexis Risk Solutions, Cybercrime Report, cybercrime, COVID-19, LexisNexis Digital Identity Network, EMEA, desktop transactions, attack rate, UK, human-initiated cyberattacks, bot attacks, US, ecommerce, online payments, merchants, digital payments, account takeover, identity spoofing, chargeback, fraud

Paymentology, Standard Chartered digital bank MOX Bank team up on full launch

15 Sep 2020 | Payments General

Paymentology, a UK-based cloud-native payment processor, has announced the official launch of Standard Chartered’s digital bank, MOX Bank.

Paymentology, banking, payments, transaction monitoring, fraud prevention, Standard Chartered, MOX Bank

Signifyd, CTI Digital, supercharged commerce partner to secure ecommerce transactions

11 Sep 2020 | Digital Identity, Security & Online Fraud

Signifyd, CTI Digital, and supercharged commerce have partnered to secure ecommerce transactions and facilitate the overall customer experience.

Signifyd, CTI Digital, supercharged commerce, ecommerce, secure transactions, customer experience, fraud prevention, Revenue Protection, fraudulent orders, chargebacks, item not received, INR, item significantly not as described, SNAD, Payments Compliance, SCA, merchant payments, PSD2