Marqeta, the world’s first global modern card issuing platform, announced the release of its new 3D Secure solution. Marqeta 3D Secure will not only help card issuers meet regulatory requirements of Strong Customer Authentication (SCA) under the Payment Services Directive 2 (PSD2) in certain markets, it will also enable these issuers to create tailored cardholder authentication experiences that can help reduce online fraud. 3D Secure is an authentication protocol developed by the card networks.

Biometrics has come a long way since it was first used in an Argentinean court case in the late 1800s.

Around the world, many countries now face a new period of uncertainty caused by the Covid-19 pandemic. While regional lockdowns had temporarily started to ease, the prospect of a second wave has caused some countries to reintroduce restrictions – a situation which may be ongoing and become a ‘new normal’ as part of the global effort to combat the virus.

The launch of a new app-based exchange feature by Edinburgh-based Zumo, the cryptocurrency wallet and exchange platform, has led to a surge in user demand as new investors continue the move towards bitcoin. 

The Zumo App’s GBP exchange function allows users to easily buy, sell, send and spend cryptocurrencies including Bitcoin and Ethereum without the need to use an intermediary such as a bank. Added to Zumo’s fully decentralised approach to user information, the launch of the exchange function marks a UK first for Zumo among its competitors. 

Reuters Events have launched their flagship Canadian insurance event, The Future of Insurance Canada. This online meeting represents the industry’s most senior strategic conference, uniting top decision makers from across the insurance ecosystem. This one-of-a-kind event comprises of 2 days of C-level-led, executive discussion focussed on the huge wave of innovation in the Canadian market. This includes the challenges and opportunities that are presented to the insurance sector in North America right now.

Fraud is an ever-present problem for merchants, especially with the increasing number of payment providers, start-up challenger banks, and online shopping sites providing different levels of fraud protection. To ensure the best customer and business experience, merchants are faced with a raft of stringent legislation and regulations to follow. One solution that helps organisations with compliance and experience is point-to-point encryption, or P2PE.

What is P2PE?

We are joined by Marc Terry, International Managing Director at Cardtronics. Cardtronics is the UK’s largest ATM operator, and Marc has been sharing some insights into how the pandemic has impacted the use of cash, as well as the importance of maintaining free access to cash.

Q: How has cash been impacted by Covid-19?

While credit origination is considered as a very customer-centric process, the credit servicing part that comes afterwards is usually considered as a purely operational, back-end process. However, substantial added value and competitive advantage can be reached by a more customer-centric approach during this credit servicing lifecycle.

The coronavirus pandemic has put the SME lending market under the microscope with extensive debate on how to deliver the right financial support to SMEs at speed. Traditional retail banks usurped fintechs and were gifted the golden CBILs and BBLs ticket, but many of these traditional lending models came under fire for bottlenecking vital funds.

What due diligence?