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Adyen and the Centre for Economic Business and Research have reported that over a third of UK retail businesses lost on average GBP 1.4 mln each to fraud in 2023.
payment fraud, cybercrime, retail, research, PSD3
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
UK-based bank payment company GoCardless has announced that it became an approved supplier of Crown Commercial Service’s (CCS) Open Banking Dynamic Purchasing System (DPS) framework.
Open Banking, online banking, charity, donation, Variable Recurring Payments
Guillaume Tournand, VP of Growth at Worldline, provides a strategic guide for global enterprises on how to seize opportunities in Türkiye’s ecommerce landscape.
ecommerce, cross-border payments, digital wallet, instalment payments, local payment method, digitalisation, paytech, payment methods, regulation, PSP
UK-based charity Comic Relief has announced its partnership with GoCardless in order to easily and securely collect recurring donations all year around.
partnership, financial services, financial institutions, donation, charity, payment, online payments, mobile payments, digital payments
Blockchain network LayerAI has rolled LayerVPN, its own virtual private network augmented by a reversal scheme, for a more secure and rewarding online experience.
blockchain, data privacy, DeFi, artificial intelligence, NFT
Global authorities have issued fines totalling USD 5.8 billion to crypto and fintech groups in 2023 in an effort to tackle illicit money flows.
cryptocurrency, fintech, regulation, compliance, AML
UK-based fintech company ACE Money Transfer has partnered with HABIBMETRO Bank to support the use of legal channels to increase remittance inflows to Pakistan.
remittances, money remittance, cross-border payments, partnership, money transfer
US-based fintech company ChowBanQ has announced that it plans to go public with its platform for trading and making payments as transfers between buckets.
online platform, neobanks, online banking, IPO, bucket
'Sticks in a bundle can't be broken, but sticks taken singly can be easily broken.'
regtech, identity verification, identity fraud, AML, KYC, banks, fintech, digital wallet, AI, APP fraud
Tech company Zoho has introduced its billing software, expanding its current application, Zoho Subscriptions.
banking, online banking, fintech, subscription payments, product upgrade
Open Banking platform Tink has announced a partnership with Orbyt to assist the company with bettering its invoicing and direct debit payments.
partnership, Open Banking, fintech, paytech, e-invoicing, banking, data aggregation, identity verification
Global acquiring, payment, fraud, and data analysis services company PXP Financial has received a Visa accreditation to become a token service provider.
partnership, tokenization, security token, cybersecurity, merchants, fintech, paytech, fraud prevention, payments
France-based fintech Defacto has announced a raise of EUR 167 million with Citi and Viola Credit in order to improve its development process.
funding, investment, partnership, mobile banking, online banking, banking, digital banking, SMEs
Global Payment Orchestration Platform FinMont has partnered with Israel-based chargeback mitigation provider Justt to automate chargeback disputes.
partnership, artificial intelligence, travel payments, chargebacks, merchants, B2B payments, fraud detection, fraud prevention, online fraud, payments orchestration
Information services company Experian has announced the launch of Experian Mule Score to help banks and building societies prevent money mule account fraud.
product launch, fraud prevention, APP fraud, money laundering, money mule, cybercrime, cybersecurity, financial crime, financial services, banking, fintech, data analytics, identity theft
Global financial superapp Revolut has announced the launch of its Revolut Business product in Australia to support SMBs amidst the cost-of-living crisis.
product launch, payments , B2B payments, financial services, super app, cross-border payments, fintech, debit card, spend management, FX , transactions , SMEs, ecommerce, investment, Revolut, neobanks
UK Finance has released its Annual Fraud Report in partnership with Feedzai showcasing that financial fraud losses in the UK throughout 2022 exceeded GBP 1.2 billion.
research, report, financial crime, online fraud, payment fraud, cybercrime, cybersecurity, APP fraud, fintech, banking, identity theft
Money transfer company Tempo France has partnered with fintech nTokens to launch remittances to Brazil from the EU, with the tech of the transfers based on the Stellar blockchain.
partnership, remittances, money transfer, cross-border payments, blockchain, tokenization, fintech, financial services, PIX, payment methods, online payments, banking, payout
International payment service provider Computop has partnered with Toll Collect to handle the payment processing for the latter’s Germany-based customers’ truck tolls.
partnership, payments , B2B payments, tolls, digital payments, card payments, payment processing, ecommerce, payments infrastructure, card scheme, credit card, payment methods, cross-border logistics, mobility, fintech, PSP, payment gateway