Ethoca, the industry standard for collaboration-based technology solutions that enable card issuers and online merchants to increase card acceptance and stop ecommerce fraud and disputes, today announced the launch of its new Integrated Solution Suite. When adopted at full scale across the industry, Ethoca’s suite of products – including Ethoca Eliminator, Ethoca Alerts and Enhanced Representments – can mitigate up to 90% of chargebacks from genuine fraud, friendly (or first-party) fraud and false claims.
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Asia Pacific Exchange Pte (APEX), confirms today that it will launch a new and customized clearing system delivered by Cinnober. Based on TRADExpress RealTime Clearing, a comprehensive real-time clearing system for OTC and exchange-traded markets, APEX and their new derivatives marketplace will provide a complete end-to-end solution for the post-trade value chain.
Thanks to CECL granular data requirements are here to stay. But how can firms tame the new data requirements by adapting their IT and data infrastructure? Will Newcomer, Vice President of Product & Strategy for Wolters Kluwer’s Finance, Risk & Reporting Americas business, explores the options.
Trust is everything in the aviation industry. And a successful cyber attack – even a minor one against something like an in-flight entertainment system – could undermine confidence in airlines or even the entire aviation industry.
Adyen, the payments platform of choice for the world’s leading companies, today announced the launch of its point of sale (POS) offering in Singapore, extending its unified commerce footprint to 27 countries and more than 4,000 cities.
Highlighting the potential of Adyen’s growth in the point of sale space, new clients include ASICS, Schuh, Lush, City Sightseeing, Dunkin Donuts, Hema, Stedelijk Museum Amsterdam, Coolblue, Action, amongst many others.
Palo Alto Networks, the next-generation security company, today announced that it has entered into a definitive agreement to acquire U.S.-based Evident.io, a pioneer and leader in cloud services infrastructure protection. Under the terms of the agreement, Palo Alto Networks will acquire Evident.io for a total purchase price of $300 million to be paid in cash. The acquisition is expected to close during Palo Alto Networks fiscal third quarter, subject to satisfaction of customary closing conditions. Evident.io's co-founders, Tim Prendergast and Justin Lundy, will join Palo Alto Networks.
UnionPay International has recently launched UnionPay International Mobile Payment Service (hereinafter referred to as UMPS), which enables commercial banks, retailers, mobile phone manufacturers and third party institutions outside mainland China to get access to multiple UnionPay mobile payment solutions, including UnionPay mobile QuickPass and UnionPay QR code payment, via the open API of UMPS.
Centrify, a leading provider of Zero Trust Security through the power of Next-Gen Access, has signed a new distribution deal in Europe with StarLink, one of the fastest growing value-added distributors in the Middle East, Turkey and Africa (META) region. StarLink has been supporting Centrify’s business growth in the Middle East and Africa (MEA) including South Africa for the past year, and its role now expands to cover the entire EMEA region.
The European online payments provider Trustly announced today that it will be acquired by Nordic Capital Fund IX (“Nordic Capital”). Nordic Capital will support Trustly in its ambition to become the leading global online banking payments provider.
Trustly’s largest shareholder Bridgepoint Development Capital will dispose of its full equity interest in Trustly but management, founders and investment company Alfvén & Didrikson will remain significant shareholders in the company.