10/03/2022
SCA has led to fall in online card fraud - Barclaycard
With four in five Brits happy to go through two factor authentication, there has been a drop in 'basket abandonment' from 32.4% to 28.9%, since SCA was introduced.
Retail Banking
10/03/2022
Societe Generale set to buy majority stake in PayXpert
PayXpert has partnerships with Visa, Mastercard, Cartes Bancaires, WeChat Pay and Alipay to process payments from more than 170 countries.
10/03/2022
OpenPayd CEO: 'A lot of opportunity in this bear market'
BaaS describes a business model where licensed banks integrate their products and services directly into a non-bank business.
09/30/2022
Societe Generale to acquire payments fintech PayXpert
With this acquisition, Societe Generale would broaden its offering for retail and online merchants and pursue its ambition to be a leading player in payment acceptance in Europe
09/29/2022
Central banks explore CBDC for international retail payments
Project Icebreaker will run until the end of the year, developing a "hub" to which participating central banks will connect their domestic proof-of-concept CBDC systems.
09/28/2022
Banking-as-a-service set for 240% growth in next five years
Fintech pathfinders are building global brands and partnerships to cash in on banking-as-a-service opportunities which may be worth US$38 billion by 2027
09/28/2022
PNC bolsters payments technology with Linga acquisition
PNC is the latest bank to acquire payments solutions firm
09/27/2022
Dukhan Bank named ‘Best Consumer Digital Bank in Qatar’
Dukhan Bank has been leading the industry by implementing a series of unparalleled enhancements to the retail mobile banking application that includes access to Time Deposit
09/27/2022
BR-DGE forms commercial and technology partnership with Vyne
This latest partnership with Vyne further solidifies our Open Banking capabilities and ensures that our merchants continue to have access to the most convenient and secure payment solutions available.
09/26/2022
Amazon and Affirm bring BNPL payments to Canada
Customers who select Affirm as a payment option during checkout on Amazon.ca will go through a quick, free soft credit check that won’t impact their credit score.
09/26/2022
Instapay Raises RM21.5 Million Series A to Fuel Its Expansion Plans
Instapay holds an e-money license with Bank Negara Malaysia (BNM) and has teamed up with Mastercard to a pre-paid payments card that’s linked to the e-wallet.
09/26/2022
Nuapay brings open banking payments to UK local government via Pay360
Pay360 is a proud market leader for public sector payments
09/23/2022
Finastra and Visa introduce global BaaS offering integrating Visa Direct
The two firms are co-developing new functionality on Finastra's Payments Hub, giving banks out-of-the-box processing capabilities, available on premises or in the cloud as SaaS.
09/22/2022
Secura Insurance signs with One Inc
SECURA is planning to deploy and integrate One Inc’s suite of digital payments for one product line as the carrier begins evolving its digital payment experience.
09/22/2022
Stackwell releases robo-investing app to close racial wealth gap
At its core, Stackwell's platform is designed specifically to overcome the fear and mistrust of the financial system and institutions in this country
09/21/2022
Hamburg Commercial Bank Transfers its SEPA Processing to Broadridge's BPO Payments Service
Average straight-through processing rate of 99.9%
09/21/2022
The FedNow payments system is scheduled for rollout between May and July next year
Payments made through the FedNow system will be processed instantly, allowing money to pass through the financial system at any time of day, all year round, regardless of an organization’s size or location.
09/21/2022
Revolut rolls out BNPL product in Ireland
Customers can also activate Pay Later on-the-go with one tap of the Revolut app, and view their balance and transaction history.
09/20/2022
UniCredit first in Italy to launch the new Swift - Beneficiary Account Pre-validation service
Businesses will be able, before initiating a payment transaction
09/15/2022
CBA switches on PayTo for recurring payments
CBA partnered with A2A payments fintech Paypa Plane - in which it holds a 19% stake - to trial the system with business customers Telstra and The Shepherd Centre.