Sovcombank Customers Age 45+ Who Prefer Contactless Payment Triples
- 5 years 1 month ago
- Payments, Banking
There’s been a surge in Sovcombank customers aged 45 and older who opt to exclusively rely on a phone and mobile application for contactless payments. Three times as many customers from that age group use only contactless payment*, rising to 14% of the total number of the bank's card clients compared to just 5% two years ago. Mobile app audience is rapidly growing older
Kinesis Pilots Physical Visa Card and Banking Program in US
- 5 years 1 month ago
- Payments, Banking
Kinesis, the monetary system, based 1:1 on allocated physical gold and silver, today announces the launch of its physical Visa card to expand the real-world utility of the Kinesis platform. Building on the success of its globally used virtual Visacard, Kinesis wanted to continue to integrate the Kinesis systems into everyday banking. As such, it has rolled out its physical Visa card and accompanying banking systems to the US market ahead of the...
Digital Transformation, Regulation and Client Lifecycle Management Trends and Predictions for 2021
- 5 years 1 month ago
- RegTech
In the last RegTech 20:20 podcast episode of the year, the CEO and co-founder of Encompass Corporation, Wayne Johnson, Global Head of Client Lifecycle Management and KYC at PEGA, Alex Dixon, and financial services industry expert Jo Scanlan discuss how RegTech, digital transformation and Client Lifecycle Management (CLM) have developed in the last year, whilst also looking towards 2021.
3d innovations Acquires U.S. Market and Investment Data Licensing Advisory Firm
- 5 years 1 month ago
- M&A Deals
3d innovations (3di), a data management solutions company, today announced that it has acquired Charlotte-based Investment Data Licensing Advisors (IDLA), a market and investment data licensing advisory firm serving the U.S. market.
TrustBills to Offer Put Options from January 2021
- 5 years 1 month ago
- Trade Finance
Once again, Hamburg-based FinTech TrustBills is disrupting the factoring market: From January 11, 2021, the marketplace for unpaid trade receivables will offer companies a sell-off guarantee (Put option).
FreedomPay Announces Kount as Strategic Partner for Fraud Prevention and Data Protection Globally
- 5 years 1 month ago
- Security, Data Protection, Fraud Detection
FreedomPay, a global leader in Next Level Commerce™ today announced a new strategic partnership with Kount, the leader in fraud prevention and identity trust, to offer a fully integrated Identity Trust solution built into FreedomPay’s data-driven commerce platform. Together, the two companies offer businesses of varying sizes, geographies, and verticals a purpose-built fraud prevention solution that adapts to the constantly evolving digital...
Fime Brings SCA to In-App Payments with EMV® 3DS SDK Accreditations
- 5 years 1 month ago
- Payments
Fime’s EMV 3DS Test Platform has been qualified and its lab accredited by EMVCo for Software Development Kit (SDK) type approval testing for Android and iOS apps. This supports SDK providers and the acceptance ecosystem to bring the frictionless, strong customer authentication (SCA) of the latest EMV 3DS protocols to in-app purchases.
EU and UK Merchants Expect to Overcome Brexit Challenges by End of 2021
- 5 years 1 month ago
- E-Commerce, Payments
Mollie, one of the fastest-growing payment service providers, has today announced the findings of a survey which explores the readiness of UK and EU merchants ahead of Brexit. The study reveals the differences between small-mid-sized UK merchants versus their counterparts in the EU and the opportunities and challenges that are expected come December 31st.
Saudi Arabia to Host a Virtual Event 'Future of Fintech'
- 5 years 1 month ago
- Payments, Banking, FinTech StartUps
Saudi Arabia has consistently seen a surge in the use of FinTech and related technologies during the global health crisis. There has been a rise in the use of contactless payments, and other forms of digital banking channels. The faster adoption of FinTech has exceeded expectations as part of the country’s Financial Sector Development (FSD) programme.
THG Selects Checkout.com to Power Payments Globally
- 5 years 1 month ago
- Payments
Leading Connected Payments provider, Checkout.com today announces its appointment as payments provider to THG, a global technology platform company, specialising in taking brands direct to consumers.
GPS to Join Mastercard’s Fintech Express Programme
- 5 years 1 month ago
- Payments, Banking
Leading issuer processor, Global Processing Services (GPS), today announces it has been selected by Mastercard, the leader in global payments and technology, as its chosen processing partner in its Fintech Express Programme.
Consumers Waiting for Open Banking Trailblazer, Nuapay Reveals
- 5 years 1 month ago
- Open Banking
New data from Open Banking pioneer Nuapay, powered by Sentenial, has revealed that consumers are frustrated with the user experience when making card payments online. This follows recent findings that highlighted a raft of payment card security failings. The news comes as retailers ready themselves for the busy festive shopping season - an event that is even more important this year as businesses seek to plug pandemic losses.
Pleo Announces Google Pay for 13,000+ Business Customers
- 5 years 1 month ago
- Payments
Pleo, the fintech empowering businesses with a smart spending and expense management solution, today announces Google Pay functionality for its 13,000+ European and UK customers.
UK Fintech GoCardless Raises $95M in Series F
- 5 years 1 month ago
- Investment
GoCardless, a fintech leader in recurring payments supporting more than 55,000 businesses worldwide, today announces it has raised $95m in a Series F funding round. This latest fundraise, led by Bain Capital Ventures, follows 46% year-on-year growth for GoCardless despite the challenging economic environment and supports its ambitious growth plans. It brings the total raised to-date to $240m.
Danske Bank Deploys Quantexa’s AI Platform for Financial Crime Detection
- 5 years 1 month ago
- Security, Fraud Detection
Quantexa, the data and analytics software company pioneering contextual decision intelligence, announced today its AI-based technology is supporting Danske Bank as it enhances its Anti-Money Laundering (AML) monitoring and investigation capabilities.
